General Economic Chat

[Old Timer]

Ireland RIPPED OFF by EU with fishing deal

Imagine my shock. I can't believe the EU with rip us off while at the same using Ireland as a dumping/relief valve for the 3rd world hordes pouring into Europe!

IRELAND gets to keep an even smaller percentage of the fish caught in its waters than the UK does and must quit the EU before it finds itself on the margins of the continent, a former top diplomat has said.

We're in trouble! Expert admits Ireland RIPPED OFF by EU with fishing deal 'WORSE than UK'

IRELAND gets to keep an even smaller percentage of the fish caught in its waters than the UK does and must quit the EU before it finds itself on the margins of the continent, a former top diplomat has said.

www.express.co.uk

 

[Olli Rehn]

Yes, you are correct in this.

But we compare ourselves to a free society, something like 1955 in economic terms.

You was not around in 1955. People always talk about "the good old times". They were never ever on.
In 1955 fucking lunatics exploded thermonuclear devices in the Nevada deserts- and other muppets booked holidays in Las Vegas to watch the dirty things going off. Your hole country was poisoned- and still is today.
Fucking arseholes- and you talk about freedom?

 

[Youngdan]

You was not around in 1955. People always talk about "the good old times". They were never ever on.
In 1955 fucking lunatics exploded thermonuclear devices in the Nevada deserts- and other muppets booked holidays in Las Vegas to watch the dirty thins going off. Your hole country was poisoned- and still is today.
Fucking arseholes- and you talk about freedom?

Have you suffered a nervous breakdown with the Isle sinking or something. The 50s were probably the high point, downhill ever sincw

 

[Olli Rehn]

Have you suffered a nervous breakdown with the Isle sinking or something. The 50s were probably the high point, downhill ever sincw

LOL!
The 50ties were somehow good times for some. No for all.
US wargames all over the planet- and huge damage done to the planet, including your own country.
How on earth can you explode hundreds of nukes in your own country?

 

[Youngdan]

I think you watched The Day After again last night. Do you realize they were about 300 miles away from any thing. So the only thing is fallout, of which there is none with underground tests, which they all were from 1963 onwards. As usual you are a bit confused when it comes to the US

 

[Olli Rehn]

I think you watched The Day After again last night. Do you realize they were about 300 miles away from any thing. So the only thing is fallout, of which there is none with underground tests, which they all were from 1963 onwards. As usual you are a bit confused when it comes to the US

You are excreting shyte,Dan.

Have a look at this:

Nevada Test Site - Wikipedia

en.wikipedia.org

 

[Youngdan]

lol. You think cancer is only caused by radiation, so no cancer before 1945.

As I said all tests after 1963 were underground, zero radiation.

The thread is about economic conditions today

 

[Youngdan]

Why NYC won't survive coronavirus, according to city entrpreneur

James Altrucher, who co-owns a comedy club in the city and also describes himself as an angel investor and author, is among the many who have fled.

www.dailymail.co.uk

It really looks like New York City is doomed. This is a good read

 

[Youngdan]

The Stock Market as measured by the S and P 500 has came all the way back and is now at a new high. It could churn here and it it then retreats it will be a massive double top formation.

I think technical analysis is for the birds but many follow it and that could lead to a rout

 

[Youngdan]

shorted AAPL at 466.96 as it hit a market cap of 2 trillion.

PRAY.
So far so good, a few cents against me but usually I time it wrong and it goes worse. We shall see.

 

[Old Timer]

 

[Old Timer]

In yet another sign that the economy isn’t poised for a quick bounceback even if researchers produce an effective COVID-19 vaccine, many companies are considering permanently laying off furloughed workers and taking other steps to make cost-cutting measures permanent.

Many Companies Turning Temporary Furloughs Into Permanent Layoffs

In effect, we’re witnessing a permanent contraction in the US economy... even if we deal with COVID, the economy isn’t going to simply spring back to what it was before. There won’t be anything left to spring...

www.zerohedge.com

 

[Old Timer]

A dire winter lays ahead it seems:

MGM Resorts To Fire 18,000 Employees, A Quarter Of Its Workforce

MGM Resorts To Fire 18,000 Employees, A Quarter Of Its Workforce

... But it promises to recall additional workers as demand returns.

www.zerohedge.com

 

[Old Timer]

The only thing I see resurrecting the economy is a global war and rapid re-industrialization.

 

[Youngdan]

Construction where allowed, has been busy here but the writing is on the wall. A ton of projects that were started are now rushing to get completed and trying to get sold. But few are foolish enough to break ground at the moment. They will sit on what all of a sudden is an extremely expensive site.

I hope to go into town tomorrow for a demonstration and I will have a good look around as well

 

[valamhic]

Irish construction never was so busy. Work is being refused by contractors. Cash is demanded and it it impossible to get staff on the books.

 

[Charlie joe devine]

The only thing I see resurrecting the economy is a global war and rapid re-industrialization.

Will you be going to the front?

 

[Old Timer]

Will you be going to the front?

The front will come to us. Fret not about missing out.

 

[valamhic]

The only thing I see resurrecting the economy is a global war and rapid re-industrialization.

I don't think there will be a war for at least 10 years. Re - industrialization will be too slow happening. I just predict unbelievable poverty

 

[Charlie joe devine]

Iam

The front will come to us. Fret not about missing out.

sure you have your Anderson shelter