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Just for that I'm ah gonna fix me a large bowl of red raspberries, piled high with butter pecan ice cream and drizzled with chocolate syrup and topped off with a couple of heaping tablespoons full of malted milk. That will make it alllllllllll better - :D |
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The Toyota plant in Australia closed wven aftwr huge amounts of government subsidies and grants.
In other, older, not really on topic news.... |
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https://media.istockphoto.com/photos...wvuVkZxmjvc3g= |
All things look good from far away....
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Thread's really long!
Can't put a price on human life. It always boils down to that Bob Dylan quote, "You better start swimming or you'll sink like a stone. The times, they are a changin' ". Politics is supposed to be off topic. I'd feel kinda embarassed if Canadians were all over the news storming the steps of the provincial government, ignoring distancing, toting large assault firearms and camo., and chanting "Lock her up". These people are just too thick to comprehend things. They have no compassion and cannot grasp the unprecedented changes. Govt isn't in a position to deal with demonstrations or worse like this RIGHT NOW! I don't like using the word fucktard. |
The snot zombies really *are* coming for our brainz.
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https://cdn.images.express.co.uk/img...dia-922823.jpg https://ichef.bbci.co.uk/news/400/cp...earbook_05.jpg feel embarrassed :laughabove: |
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Like the virus models of best/worst/probable outcomes, the economic models are in no man's land too. So your doomsday scenario may be sugar coating things, be overly negative, or realistic. We won't know for sure for months or longer but unfortunately none of the three possible outcomes are rosy except possibly for central bankers. |
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Our revenue is down by 50% and the 50% we kept has no operating margin because it is all lower reimbursement work that is partially funded by the 50% we lost. Hopefully all will be able to come back when we enter Phase I recovery which includes elective procedures, etc. My VP and I both volunteered to take a furlough if it meant others lower could stay but it was rejected because they still need folks to run the place. So, I'll be pitching in with day-to-day support where i can. |
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I should have been more clear. He works in the ER of a California hospital. As he has said himself he is grossly misconducted from what is happening to the average person. |
FDR, the New Deal, a 90% top marginal tax rate, etc came from such times. Maybe we can get medicare-for-all and other programs from this. It might be a good idea if millions have lost, or are going to lose, their insurance when unemployed.
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Just calling it out as I see it. My comment really wasn't intended to be funny either. And I do have a pretty long history of appropriate humour here. See how we spell humor?? |
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Some huge differences this time. How currencies re-calibrate and who remains or becomes or is no longer wealthy in the years to come is anyone's guess. During the depression in Canada mostly limited numbers of European immigrants arrived and added to the labour force here during the depression when jobs were supposedly scarce. More realistically skilled and semi-skilled labour was probably in demand. My Dad's Dad arrived in 1928 from eastern Europe, as a tailor and worked for a few years before his wife and 2 children could arrive. The 90% marginal tax rate or similar might be called up again simply to enable democracy to make the huge decisions rather than a very small group of individuals running foundations. Very different times. Unfortunately I don't qualify for any assistance my government is offering and have been pretty much retired the past 2 years in terms of income. Daughter away in uni and son turning 13 this fall. I'll be looking to make money in earnest when this blows over. If people know others in need, they should always lend a (disinfected) hand. Especially older people and those otherwise isolated or couped up on their own. I text a couple of buddies and one sibling regularly, call my old father who is confused but ok so far (92 years old), eat too many Pop Tarts. I also pass time playing with my vinyl records (around 1000 good ones so far). My sister in Scottdsale, bought a newly renovated house furnished, sold her house and almost all the furniture in 2 days and for $20K over asking plus contents. She moved in today and this all in the course of three weeks. How she hired a mover for the boxes I'll never know. |
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