RspecMAuthortah

9 ms·

1.
by RspecMAuthortah 4y ago
A genuinely curious question to taxpayers who think they are funding the country: With 33T debts and deficit spending being the norm, why should I pay taxes? How much of what we pay as taxes actually go to fund "the country"? Part
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by RspecMAuthortah 4y ago
> In any case, I am a strong believer in making a decision and following through with it (within reason), rather than stagnating forever in indecision and research. Some research yes, if necessary, but at some point you have to pick a di
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by RspecMAuthortah 4y ago
> Why would they start QE? Fed rate is at 4% right now, there's more than enough room to drop rates if an issue occurs. Right but that will also increase demand and induce more inflation, no? So Fed will be perpetually stuck, in the
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by RspecMAuthortah 4y ago
That is the reason why all the monotheistic religions had fatwa on debt. And you can see how countries that are further moving away from the religious values at different points in histories also immediately adopt a debt based economy.
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by RspecMAuthortah 4y ago
OK so what happens if the chip shortage lasts longer (due to war and commodity prices)and with plummeting sales and corporate earning (which will reduce tax receipts as well) the economy will enter recession? So then what is the game? Do Fe
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by RspecMAuthortah 4y ago
I am baffled at the Fed messaging. A year ago Powell's keynote said the inflation is a supply side problem due to "transitory" issues. How does raising interest rates with "demand destruction" help supply side infla
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by RspecMAuthortah 4y ago
The sad truth about a lot of Canadian universities is this - they are entirely funded by foreign money (through international students). There is a specific university in Montreal named Concordia University which was so overwhelmingly struc
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by RspecMAuthortah 4y ago
This is part of the problem that the parent comment is referring to - putting all conservatives under the same umbrella. Tea party is different from most Trump voting working class. Conservatism in recent era has taken a very distinct shape
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by RspecMAuthortah 4y ago
> You can argue either side to this, and make a good case. Here is an argument. Fed is a thief. First it recklessly bailed out all the toxic banks and derivatives in 2008, then kept the interest rates low for too long propping up the ass
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by RspecMAuthortah 4y ago
I think Fed lost any credibility it had left after Greenspan. Now it's just a steep slide down. I mean, rates should have been raised in 2011. Remember when Powell tried this whole saga he is trying to do now back in 2018, there was a
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by RspecMAuthortah 4y ago
I had smallpox growing up in a third world country, how protective would the immunity be going against that?
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by RspecMAuthortah 4y ago
For my own curiosity. > If you have financial assets worth over $2 million, you may have to pay a one-off exit tax calculated as a capital gains tax as if you sold all of your assets on the day you renounced. Do you have to pay capital
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by RspecMAuthortah 4y ago
> In my city of Toronto, average real estate prices have gone from 2x average income in 1972 to 16x average income today. To continue growing at this pace they'd have to reach 128x average income by 2072. Places like Toronto are gen
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by RspecMAuthortah 4y ago
Its actually much more endemic than this. To start off, Canada's service sector dominating economy means jobs are concentrated in cities like Toronto, Vancouver, Montreal etc. So most people want to move and live those places. To make
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by RspecMAuthortah 4y ago
President Biden may not, but Fed certainly is. Remember with the eurodollar system, Fed's role at this point is pretty much a liquidity provider for anyone and everyone which they did with unconditional access to swap lines etc. since
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by RspecMAuthortah 4y ago
The ruling liberal party is out of touch here like many other things. Key problem here is that the inventory is super low, part of it is due to everyone wants to settle in places like Toronto/Montreal/Vancouver due to high job con
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by RspecMAuthortah 4y ago
The Fed has been consistently wrong over last decade in many of their policy, and their credibility is on the line. The reason home prices are not on line with fundamentals is - well there is just too much liquidity. Money is looking for pl
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by RspecMAuthortah 4y ago
Not a sympathizer of these idiots who clearly thought that would get away. But what really astonishes me is how SEC is consistently after these retail small players when members of congress and its different committees are brazenly involved
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by RspecMAuthortah 5y ago
The author is from India. India has been experiencing a wave of changes in the face of a growing middle class. The pollution level in every major cities is just abysmal, there is very little regard for quality control - parts of India in th
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by RspecMAuthortah 5y ago
What would be some good stocks to invest to capitalize this? Perhaps some trading in Russian/Ukrainian Stock Exchange? Is there any significant US company listed in Nasdaq or NYSE in this space?
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by RspecMAuthortah 5y ago
Live by the wokism, die by the wokism. Remember that weird time in 2020 when they were slapping "offensive content" to all tweets from supporters of one specific party while still allowing porn clips without any filter. Yeah, I qu
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by RspecMAuthortah 5y ago
COVID was the largest wealth transfer in our generation, from children as young as kindergarten (who will pay prices with the reduced social and IQ growth due to quarantine and school shut downs), millennials and GenZ to boomers.
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by RspecMAuthortah 5y ago
Yeah and helping us defeat who he shan't be named in the 2020 election.
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by RspecMAuthortah 5y ago
Yeah but it is the domestic extremist terrorism that is the real threat to its citizen. Got it.
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by RspecMAuthortah 5y ago
How do you even test for EBV? The GP I asked laughed it off when I was living in Canada basically saying I am already positive and no need to test.
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by RspecMAuthortah 5y ago
https://nypost.com/2021/10/05/merrick-garland-calls-in-fbi-t... Perhaps your "fact checkers" need to stop tweaking words and see what a grave threat to ordinary citizens this is.
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by RspecMAuthortah 5y ago
After so many "conspiracy theories" that later became true, I now tend to put more weight on the idea that this is a bio-weapon or lab leak and China knew the solution or actively even tried spreading it throughout the world. For
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by RspecMAuthortah 5y ago
You forget DOJ and the entire executive branch it reports to are pretty much bought by lobbyists, many of whom directly or indirectly work for FB and other big tech.
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by RspecMAuthortah 5y ago
For me at least, since switching to a complete meat based diet I have had a lot of my digestive issues along with host of other problems (better sleep for example but that could be because I don't have to wake up middle of the night f
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by RspecMAuthortah 5y ago
Or name after people mainstream media would approve and never dare to question.

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