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March 17th, 2020, 01:13 PM
#331
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March 17th, 2020 01:13 PM
# ADS
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March 17th, 2020, 01:37 PM
#332

Originally Posted by
oaknut
This is a short term situation, the markets will climb. As soon as China returns to work we will have cheap crap to fight over!
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Short term is what? 1 month, 3 months a year? The USA is the financial hub of the world economy and this virus is literally just starting in the USA. My money is invested there and here but if our neighbour to the south blows up it will affect the world. Like I said......depression doesn't look to be too far away.
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March 17th, 2020, 01:53 PM
#333

Originally Posted by
huntervinni
Short term is what? 1 month, 3 months a year? The USA is the financial hub of the world economy and this virus is literally just starting in the USA. My money is invested there and here but if our neighbour to the south blows up it will affect the world. Like I said......depression doesn't look to be too far away.
I really shouldn't speak too loud as I don't have any skin in the game. The jar in the fence technique is far safer.
The only outlook I can give is in the form of a question. How often does it do a person any good to panic? Never.
A full depression is unlikely given that by the time this takes to work through does not look to be in the years. We won't know for sure until we see how China fares once they are out and about.
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How is it one careless cigarette can cause a forest fire, but it takes a whole box of matches to light a campfire?
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March 17th, 2020, 02:13 PM
#334

Originally Posted by
oaknut
I really shouldn't speak too loud as I don't have any skin in the game. The jar in the fence technique is far safer.
The only outlook I can give is in the form of a question. How often does it do a person any good to panic? Never.
A full depression is unlikely given that by the time this takes to work through does not look to be in the years. We won't know for sure until we see how China fares once they are out and about.
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China has been untruthful from the beginning so I wouldn't believe anything that they say.
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March 17th, 2020, 02:16 PM
#335

Originally Posted by
huntervinni
China has been untruthful from the beginning so I wouldn't believe anything that they say.
There's no doubt about that but if China comes out of quarantine and again, start dropping like flies we will know this will be a grueling journey.
Don't get me wrong, I'm hopeful you get to keep as much of your money as possible and come out on the good side of things. I'm also hoping we all stay on the right side of the lawn.
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Last edited by oaknut; March 17th, 2020 at 02:24 PM.
How is it one careless cigarette can cause a forest fire, but it takes a whole box of matches to light a campfire?
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March 17th, 2020, 02:19 PM
#336

Originally Posted by
JBen
lol, I brain cramped and deleted the email it utilized.

Had to use that as this account was de-activated by request. So had this re-activated.
Never liked it anyway. Ive always preferred to be known by name.
Was reading today a twitter post thats going viral from someone in Italy. Describing the 6 stages we can expect. Cant share it here as we can on social media. I strongly advise people to google it, read it. One of the stages, I think its 4 or 5 pertains to "population" and this is where unlike a lot of the EU, many other countries, our size/population is for once going to help. Any who, he describes how people started fleeing hotbeds. Because symptoms don't show for awhile, as more and more fled area's, the spread got worse. No doubt that will occur here as well, but it's not like the EU, where the next city, country is just 30 min or an hour away.
The FEDS are saying they have some kind of major economic statement for tomorrow. Aid measures most likely my guess.
/looks West
/looks at the mess here
Crap happens, and while no-one hon could have seen this coming. We all should have known that sooner or later an ill wind of some type would. But instead.........
Where’s anyone going to flee TO ?
Hunt camps in Muskoka ??
“You have enemies ? Good. It means you have stood up for something, sometime in your life”: Winston Churchill
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March 17th, 2020, 02:25 PM
#337

Originally Posted by
73hunter
Where’s anyone going to flee TO ?
Hunt camps in Muskoka ??
Its starting up this way, lots of foot traffic into the unplowed cottage driveways.
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How is it one careless cigarette can cause a forest fire, but it takes a whole box of matches to light a campfire?
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March 17th, 2020, 02:26 PM
#338
Just saw some pictures of Toronto and the streets are empty [emoji54] wow
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March 17th, 2020, 02:30 PM
#339
Has too much time on their hands

Originally Posted by
JBen
Forget to include. The fiance and I talked about this a few weeks ago as well. One thing, we Canadians might have going for us, is that except for a few notable exceptions, our population density is small. Unlike a lot of the EU, and other countries. That should help us, or atlas contain it to a few hotbeds.
You can't contain this when its face is showing up across the country and the numbers are multiplying. Wishful thinking, but not reality.
My Wifey decided to not pay attention to it a couple weeks ago because it was just hyped media tricking people and is really a big joke on everyone. She's in denial like many, to afraid to face reality. Trudeau can't shake his magical wand and create a covid-19 tax to solve this problem, like he did with carbon tax.
108 cases confirmed now in Toronto
Last edited by canadaman30; March 17th, 2020 at 02:51 PM.
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March 17th, 2020, 02:49 PM
#340

Originally Posted by
oaknut
There's no doubt about that but if China comes out of quarantine and again, start dropping like flies we will know this will be a grueling journey.
Don't get me wrong, I'm hopeful you get to keep as much of your money as possible and come out on the good side of things. I'm also hoping we all stay on the right side of the lawn.
Sent from my SM-G960W using Tapatalk
I have clients that have relatives in China. I also have family in Italy that I communicate with all the time. When China went into shut down it was a complete shut down. No one was allowed to leave their homes.......the government was flying drones looking for people out on the streets, even if they were trying to get a breath of fresh air, and arresting them. My cousins in Italy are losing their jobs cause their employers are shutting down and even though the government is promising support, its too little too late. My fear is not so much us, here in Canada, its the USA and what its going to do there.
I'm usually a calm and collective guy and I rode out the 2008 crisis which rebounded nicely for me but we are in uncharted waters right now and I hope I'm wrong but what if I'm right?