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Posts by Darkstar2

How much money is needed for ideal life? » Post #37

Sun Oct 30, 2022 09:51 in General Talk

Arvind9 wrote: Wonder how many shots people took for Covid19 in the west but here in India people who got vaccinated with two doses have not taken a booster,the government had to dump 70 million doses because there was no one to take it people had the sense that too much of anything could be harmful,I still follow all the rules although numbers are very low but one can still get it because people think masks are no more necessary

Too many to count :lol: Let's see now, I think people in America are at their 5th booster going on 6 ? I dunno but in one year that's too bloody much :mrgreen:

Personally, I took 3, and that's enough for me for a long time. Sure EVERYONE around me who has taken their 4 doses here have gotten COVID19, with moderate symptoms. For most people it will be just that, for a % it will be far more, it's a lottery, but it is clear that with the Omicron we are in a better situation than with Delta and other severe variants, this one is far more infectious but less fatal. Vaccines are too weak to protect against spread and infection, they are still very strong to protect against complications and severity. For compromised immunity and older folks it's still a safe bet to get the vaccines, it seems the vaccine risks are higher for the less than 40, so for older folks it's a good idea, for the rest, well some people who were fit and healthy were killed by COVID and hospitalised, that number is far lower now with Omicron, BUT when you consider infections are way up - it also brings hospitalisations way up too.

Masks are far more effective though, if everyone wore the bloody mask it would help significantly reduce SPREAD, the masks main goal is to protect others from the travel distance of your droplets, though wearing masks offers weak protection against those infected around you, unless they too wear a mask, so yes masks are far more effective to slow spread, vaccines are only effective for the most part to prime your body to deal with the virus once you are in an infectious state to reduce severity. So I am all for masks, if people wore the damn masks all the time we would be in a much better position. I do not think it is good to get too many vaccines in short period of time.

There is now a new Omicron variant based on the BA5, called BQ.1.1 that is spreading in Europe, there are cases here in North America, it's unknown yet if it will displace BA5, vaccines will not stop the pandemic, it's too late for that, it would have / could have stopped the pandemic had 75%-80% of the WORLD population received full vaccination during the Wuhan strain, before any variants. Now variants keep evading immunity, and even mRNA vaccines cannot keep with variants ! Vaccinated or not, the current variants are so much more transmissible, so if you are exposed to someone infected you WILL get it, it's that bad, everyone will get it eventually, including fully vaccinated, but the ones ending up in hospitals and/or dying or under a ventilator are for most part, non vaccinated.

Masks are STILL necessary and should be a new normal, I mean it's one thing for people to worry about vaccines, but FFS, wear your masks :mrgreen: You can follow all the rules, but it won't save you from getting it, all it takes is a few seconds of exposure, unlike original strain, the latest variants require only a fraction of exposure to the droplets. Less droplets are needed to cause an infection, so even if you wear your masks, all it takes is a few people around you who are infected, and you catch it, unless they are wearing masks and at a reasonable distance.

Masks ARE effective. I usually get 3 or more colds every year. I have gotten 0 during the pandemic, when masks were mandated in all public places. Now masks are no longer required, in fact here they lifted ALL rules and all they do is ask people to be careful (Yeah like that'll work :lol: ) no more rules here, and they don't even display the daily infections count anymore, it's as if pandemic never existed, yet our hospitals are at 300% capacity, doctors and nurses are doing shitloads of mistakes - people are DYING in triage because there is no bed to put them in, etc, ever since mask mandate was lifted, I've managed to get 2 colds, despite being careful, and after multiple testings, negative, so not COVID. I managed so far to escape COVID - but eventually my luck will run out, I think eventually everyone will get it.

I know some people in the states who have not received a single dose of vaccine, nor wear masks, and claim to never have gotten infected - either they are lying MFs or they have a crazy strong immune system :D

Your levels of D-Dimer might help determine if you are at a high risk for complications from COVID.

Poll -Coping With Inflation......tasman1 » Post #2

Sun Oct 30, 2022 09:32 in General Talk

You don't you learn to live with it - people do not seem to understand what inflation is, and they are in a delusion that when inflation goes down, prices will go back down just like before - well basically inflation just turns DOWN the dial on the price increase accelerator, but prices will continue to rise, (the damage is done and it's permanent), but instead of rising at a crazy pace, it will rise at a lower pace. Some prices might fall slightly, but they will ALWAYS be much MUCH higher than 2020, and as long as supply / demand is a problem and not addressed, prices are not falling anytime soon, and that war of frauds, paralysing the entire world........ People will have to cope with high prices and price increases and get used to it. An ideal inflation is 1-2%, by the time we get there, prices will have increased enough to DESTROY people's savings and to cause chaos, because once inflation reaches back to 1-2%, prices of goods will be CRAZY HIGH.

The damage is done, and the F**** responsible for this inflation should be brought to justice as they have caused great harm and prejudice to the world, these F**** responsible are going to retire wealthy with high 6 figure income courtesy of the tax dollars and idiots who trusted them. It's more than one person responsible for sure, so it kinda makes you look back and wonder - was the fast re-opening during COVID the best thing to do to save the economy ? Maybe not, lockdowns should have remained, it would have caused damage to the economy, and a slow recovery would have been better, people were given handouts of money to spend instead, big mistake, bad times would have been the better option, and slow recovery over a fast recovery - RIGHT NOW, we are paying the high price, because now the Feds have to crash the economy to bring down inflation , but the damage is done with the high prices that will remain. We would have been better off with a moderate recession during 2020-2021, instead we dealt with a crazy booming economy, over valued stocks and lots of spending power..... and NOW, all of this is going down the F'n toilet with inflation and crazy high prices all that money and prosperity is being sucked into the black hole.

All it is doing now is DESTROYING middle class - the wealthy and working will continue to spend as usual, fuelling inflation and now you will have a class of poverty like never seen before - so increasing crime, theft, unrest.

It's too late MFs, that is the new slogan for 2023 and beyond - Now do people see why the Republicans did not want big money handouts during pandemic ? Can Trump be blamed partially for re-opening too early, not quite, but when you give money so people can spend money when supply chain is crippled by F'n COVID, you create rising inflation. Biden & Jerome Powell (Federal Reserve) contributed massively to this process, and I hope Americans will remember that in 2024 when they waste their time and energy to vote once again - there is a clear choice to be made, decline and progress (or the resemblance thereof :D ).

So nothing much WE as people can do about inflation we are F'ed, you can blame the inept politicians who created this bloody mess.

How much money is needed for ideal life? » Post #33

Thu Oct 27, 2022 08:32 in General Talk

Shreecaterers wrote: its totally depends on person and their perception one can live happily even with 100 dollars per month on another end even getting 1000 dollars per month some are not statisified

No it's not a question of satisfied or not, it's a question of reality. Try living with $1000 a month in California :lol: you would be considered poor and homeless, because it's IMPOSSIBLE. and $100 a month impossible, that's being homeless, $100 would be even lower than minimum wage in some countries. perception is one thing, reality and cost is another. Sure in some countries you can live decently with a couple of hundreds of $, but definitely not in North America, $1000, even $2000 is extreme poverty here :mrgreen: In some states in America, you would need a BARE MINIMUM of $4k+ to live, and no that the bare minimum, not lavish lifestyle. If people could live off $100 a month that would be amazing, but not on this part of the world, and certainly not with this inflation garbage .....

The stock market's DELUSION :P » Post #10

Wed Oct 26, 2022 08:21 in General Talk

tasman1 wrote: Australian budget was last night

From press .................LOSERS

Low- and middle-income earners.................... ha ha ha , nothing new , same old shit forever

Biggest joke - there is no bloody middle income, it's either high or low, there is no such thing, the so-called middle class gets the proverbial middle fingers (both) from yours truly, the person in power that the lot voted that day whilst probably drunk and confused :mrgreen:

Have you ever noticed how when governments have money to give, they give it to the wealthy instead of focusing MORE on the poor ? In Canada, there is a province that has given "help" to counter inflation (AHA HA HA HA HA HA big joke#2) first time $500 and second time will give $400-600, wanna know if you are eligible NO PROBLEM, you can earn up to $100k and still get it :lol: What about this MUPPET we have as PM who gave $2k a month COVID relief even to the filthy rich and wealthy - billions in tax dollars down the bloody toilet, to a lot of Canadians who probably did not even deserve it. Amazing how much our government wastes money here, we have the equivalent of a Joe Biden & Obama, but 100x worse, and 1/3 of his age, and even IQ :D

Quote:
Another GOOD news from Govt ..........Electricity prices will go ANOTHER 30% this year and Another 20% starting in 2023................. in my opinion that is less than 100%
Think world wide revolution to start in 2023, it is over due

Just out of the press

Australia inflation races to 32-year high, sounds rate alarm ..... nice , we better stop eat and drink

Nice, so a 50% hike in rates in 2 years, nice, so how the f*ck are they supposed to deal with inflation now ? You see this is a side effect of COVID19, whoever created this f* virus in a lab somewhere, succeeded, the goal was to create world instability and economic turmoil, job well done - NOW wanna hear the twist ? There are claims that this virus could have been created in the US in some research lab !!! Apparently the US has virology labs too and they are allegedly testing and replicating the COVID virus - BUT wait, China also has a virology lab too - it is not 100% definitive that the virus true origin was China though, it is possible that the Omicron variant and possibly other variants are the result of human intervention, who knows....maybe one day the truth will come out.

Sure, eating and drinking will become luxuries, only the wealthy - unless you want to grow your own food, those fruit trees take a lot of years, so if you are 69, no problem, you still have time to plant trees and grow your stuff, even drinking water will become a luxury - some cities in Canada tax water usage, not all, and soon, we might have a tax on the air we breath too. Let's see gasoline tax, water tax, city tax, property tax, candy wrapper tax, holiday tax, a tax on pumpkins, mobile usage tax, internet tax, online ordering tax, special carbon footprint tax, the only thing that is left to tax is SLEEP...... tax for sleep - exempt from tax if you get 8 full hours of sleep :lol: (that's the catch).

The stock market's DELUSION :P » Post #8

Mon Oct 24, 2022 08:02 in General Talk

tasman1 wrote: Valerie ......All you did say here is 100% same in Australia and all around the world and that is very strange to me , it was never before in human history that people did play same rule at same time in any part of the world

On w hat planet are you on ? Nothing strange about that - this is what happens when the world is based on ONE central economy, maybe now two (US & China). If one or both of the central economies go down, the whole world goes down with it. Other countries rely on trade with this big economies, nothing strange about that and expected, war affects the whole world, inflation affects whole world, because these countries rely on others. In an ideal world, all countries should be self sufficient, grow their own food, build their own and use their own raw material - problem solved - BUT reality is totally different, it's always been like that - but right now you are noticing MORE because it is on a bigger scale. We have a WAR, we have a pandemic and we have supply chain issues, these factors are driving inflation.

Quote:
Something is rotten on this planet , something stinks

Mhm, I hope you did not come to that conclusion just now :mrgreen:

The stock market's DELUSION :P » Post #7

Mon Oct 24, 2022 07:46 in General Talk

valerie wrote: I'm in the process of buying a house.

I'm getting it for $40,000 less than their original listing price.

The problem I think is in some areas, the price gouging is lessening because interest rates have gone up consistently.

The flip side, people need a place to live and rentals are still high too.

Flip side - nice one :lol: Anyways, so congrats on buying a house, I thought you already bought one not long ago, in the middle of the forest ...... it's always scary when you are paying less than the original price, especially in 2022, I recommend watching the movie Money Pit first :lol: Just make sure that house buy that will cost you $40k less won't require $100k repairs ..... Yes the price gouging has lessened to some extent, though house prices are still way too damn high for what they are worth, $250$-$300k homes before pandemic are now worth $700k-$800k here, old 60-70 year old homes that probably need an extra $100k repair at minimum, so yeah ....... high interest rates definitely slow things down because it gives more power to BUYERS to negotiate, and less power to sellers to screw the buyers, selling shit at a high price :D

Quote:
I'm buying a house located near the hard hit tornado (Kentucky tornados December last year). The house did catch some roof damage from the tornado. Fortunately it was far enough away that the house stayed in tact. It was a rental and the owners decided to do a remodel and sell it.

mhm ok so you like adventure and living on the edge - future tornadoes are likely to hit again, it's a thing now, it's getting worse and worse year to year, the weather change, it also takes quite some sense of adventure to want to live anywhere near these areas let alone buy a home that was even partially damaged (roof), I'm blown away by some people's courage :P

Quote:
So, there is a few things going on in my area. Some people are afraid to live here again that suffered loss during the tornado. Some people that did or did not experience loss here, don't want to live in the area that was hit.

Can't blame them ....... They can come live in Canada in Yukon or North West territories, definitely no hurricanes there, OR Alaska further up north :P

Quote:
My recent MRI displayed a herniated disc with cord compression at T 9+10. Waiting on the neurosurgeon to contact with appointment. I absolutely will not have spine surgery unless it means life or death and even then not so sure I would. I have a feeling it's going to be steroids and physical therapy.

T9-10 isn't that in the thoracic region, yeah anything with the word hernia is not a good thing, as far as surgery you have to see with your surgeon if this hernia can get worse over time and how bad is the hernia, as it can come to a point where things are so bad the pain is hard to control with PK unless you fancy an opioids addiction :D But you know those doctors especially in the US they love surgery ($$$) - you probably lifted heavy a lot in your life, so is that new house like a bungalow type ? Less maintenance, that's good, so you didn't buy a condo after all :mrgreen: condos here are small and cost more than homes and they are costly to maintain, when something goes wrong and major they ask each owner to cough up $20k-$40k, those monthly fees only cover maintenance and small jobs.

Quote:
Back to the housing market......still not much for sale around here and what is, is generally ridiculously skyrocketed price. Thus far, I really have not seen any ease up on it at all. Houses still short supply. Prices still extremely high.

Gas prices still high. It yoyo's almost every day.


Ask your President Sleepy Joe Biden what's he doing about it other than the bullshit promises, he IS part of the problem. When you give tons of money like that, people have spending power and buy ........ when supply chain cannot keep up with demand, THIS happens..... Here it is the same thing, sky high house prices, but this bubble is going to explode, interest rate hikes are not over, and there comes a time where house prices will go down, though I do not believe anywhere ner pre-pandemic prices.

It is the real estate agents that are helping to keep prices high, the crooked cons and thieves who lie and push sales knowing homes have issues but do not disclose. Here this is common practice ........

Quote:
To top it off, jobs are in demand but people don't want to work. They'd rather get government assistance. In the mean time, quality is diminishing and prices continue to rise. All the while, Biden sends money to other countries, forgives student debt, and in my opinion the absolute worse president in my life-time. I sure hope he does not get a second run.

The absolute worse of the worse - I mean after Obama, I did not think it was possible, but Biden really set the bar high there :lol: Sure send billions of $ to help other countries when you cannot help your own - and even worse send money to countries who share their blame in this whole mess, but I guess we cannot get into that right ? :P

Sure during the core of the pandemic people were given money, that was supposed to HELP them, but instead it created a situation where people would rather stay home and wait for the money land in their bank account.

Damage is done, I wonder how much the Republicans can fix things now, now that the damage is done, it's going to be a hell of a challenge for whoever person takes over in 2024, the first thing they should do is build that wall, tighten policies on helping other countries, and doing something about poverty and misery WITHIN, then deal with the supply chain issues that is the main cause of prices going up, and for the love of God, do not renew Jerome Powell's term - the Fed messed up big time, lowering corporate tax further (temporarily) might be a good measure to help companies and help the stock market - any money GIVEN to people to "HELP", should come with major conditions.

I knew that Biden's Presidency would be a total train wreck, but honestly did not think it would be that bad - so much for that guy who claimed to unite everyone - what a SHAM of a first term - united my arse :D

He's a smooth talker that's for sure, but he does not deliver......... First step, GOPs need to grab that midterm, next step GOPs need a BIG victory, not just electoral votes :P

Though watch out Biden he will do anything and try anything to get that second term, and worse case scenario Ameicans will have to live 4 more years with their bad decision - Unlike Canada which can elect the same clown unlimited times, at least you have the advantage of the 2 term limit, I really hope you won't get stuck with Biden let alone any Democrat for another 4 miserable years :D

One of the most memorable part of his Presidency IMO is when he insulted a journalist, of course he did it during an open mic as he didn't realise mic was still open, but funny nonetheless. Some journalist asked him a really dumb question about inflation and Presidency and if Inflation is good for Presidency or something along those lines, I don't know if this was a sarcastic question or not but yeah pretty obvious to me, Biden answered (with his usual bullshit) and then press was over, so I guess he thought the mics were off, then he dropped the F bomb and called him an idiot, I think he said something like "What a f* idiot" - that's probably the most sense Biden made so far :lol: Obama would have turned this into a stand up comedy (just like his 2 terms were) and Trump would have actually called him out to his face and said that he was a really bad journalist :D

WOW This is real Bonus.........tasman1 » Post #11

Sun Oct 23, 2022 07:38 in General Talk

tasman1 wrote:
Darkstar2 wrote:
tasman1 wrote: Got it today, cool , wife can smoke like steam train :lol: :lol:

That bad huh, I'm almost tempted to say something here, but I don't know how dark you like your humour :lol:

Anyhow, yeah maybe now is the time she considers to quit smoking, whilst she still have any lungs left.





I told her same [ same what you think ] million time in last 40 years , she still reject :lol: :lol:

She reject aye ? Maybe you should sprinkle in some nicotine that might do the trick :lol:

The stock market's DELUSION :P » Post #3

Sun Oct 23, 2022 07:37 in General Talk

tasman1 wrote: Delusion ??? Maybe for poor but not for rich ..... How it works for rich corporation today ??? One example here

Actually volatile markets and selloffs are benefiting the rich the most - You can make a shit ton of money in volatile market conditions, and if you have lots of money to spare all the better - how it works is that is simple, sell high, buy low, all it takes is fear, some bullshit and bad news and the sell off begins, people sell sell sell sell and panic, this creates an opportunity, those who sold off early, sold off at a high price, but when it gets really low and you know that statistically there is going to be a rebound / rally no matter what (now that rally can be very short lived, and it usually is), then you buy back LOW - or you can wait for the VIX to peak and signals of a bottoming out - right now we have not even touched anywhere close to a bottom - markets are just volatile, and all those rallies are just artificial, and only based on speculation - other than good company earnings reports and jobless claims, there is not much good news to cling on to - Russia is at war with Ukraine and the world, inflation is persistent and might remain stagnant, supply chain issues, threat of a global recession, threat of aggressive interest rate hikes, etc, there is not much good news to look forward to other than speculation that the Feds might slow down its interest rates hike or halt it - markets will rally on THAT - BUT then what, if CPI data comes in hotter than usual, markets will tank, fix the g*****mned supply chain issue first, that's the problem, then you tackle inflation - people obviously have buying power - so, supply the bloody demand, and let people buy, the markets will soar !!! But raise interest rates, and you don't accomplish much other than risking economic collapse, market crash, and a TEMPORARY reduction of inflation, that will likely be short lived, because unless supply chain is addressed, once you lower those interest rates back down, people will buy again - Recessions are not forever.

Market value during the pandemic was way over valued - NOW it reflects more of reality, but it is STILL way over value, the VIX is too low, and even at a -15% YTD on the DOW, it's still above reality - Reality is, given the dire situation it should be at least double that down - what is keeping markets from tanking more is 1) Better than expected earnings 2) speculation / HOPE that all those aggressive hikes will eventually cause inflation to go down, even if it will take a lot of time for inflation to go down enough - BUT sadly, I think investors are mistaken - It will likely take a recession and enough time to fix supply issues, I dunno I am skeptic, unless there is a major turn around in inflation data in 2023, I think markets will be in the red for 2023, and I think we are heading for furthe rsell-offs, I can see the DOW go down another 20-25% and bottoming out in 2023, before the "recovery", it might be a slow recovery as with 2008.

Quote:
Qantas , biggest national airline , time of COVID
All planes DOWN , not flying
Cost of doing business , very low , down 90% , earning down 90%
BUT , yeah again BUT , Govt helping Qantas with billions
End story ,,, profit for Qantas UP 100s % ,,,,, huge profit for doing nothing

Many companies are already doing profit for doing nothing or selling garbage :P Government HELPS business, not out of charity, of course they want to help companies, it's TAX money, they are not handing over free money, usually when the government gives money, they find ways to take it back and then some - Unless you are Bernie Sanders or Joe Biden, they give and let the future generations worry later :mrgreen: Helping an airline is a safe bet, people ARE going o travel and travel is going to explode, and government will get those nice juicy tax dollars..............

Quote:
Employment rate world wide ??? If you know how it is calculated you will understand reality of so called ... low unemployment rate ,,,,,,, it is all fake shit ..... you can have zero employed people in country and have zero unemployed people ,,,, ha ha , learn how is that possible

I know it's fake shit - that's why I don't even bother with those unemployment figures they release here - there is nothing to be proud of - most people don't understand that unemployment figures only takes into account people actually looking for a damn job - meaning here in Canada at least, if you lose your job (not by your own fault), you can receive unemployment benefits for a set period of time - these are the ones calculated in the stats - BUT once your unemployment insurance coverage runs out, you are removed from the stats - the next step is welfare, or homelessness, those people are not counted in the bloody unemployment figures AT ALL. If you include them, then your unemployment figure will rise to 35% or more instead of 6% :mrgreen: The amount of poverty in this country is STAGGERING - and the MUPPET of a PM we have here downplays this - there is nothing to be proud to tout a 4%-6% unemployment when some provinces have as much as 40% of the population in poverty, without a job and often without a home.

Of course market investors do not give two shits about that, they care about jobless claims and earnings - of course, publicly traded company earnings go up, so its value goes up - it's all a money game - if one year company earnings are lower than projected, it's sell-off, even if they made BILLIONS of profits, if the number is not higher than last quarter or is not within the projected value, it's the end of the world. It's a money game, and consumers in this don't benefit whatso-f'n ever........... companies are exploding in earnings, but do they bother making better products ? Instead they cut corners and build flimsy products that last a fraction of the bloody time.

So they can take their unemployment figure and shove it up their arse - The TRUE value of the economy is people working vs. people not working .........in July 2022, in Canada, Unemployment was claimed to be 4.9%, that sounds great innit ? That is complete and utter bollocks - add in the homeless, the poor, hose without a job, those not searching, those abusing the system, those on welfare, and you are gong to get 30-40% if not more maybe - NOW will any politician get elected if they showed the true value of prosperity in the country ? Would you vote for someone who gives you the true figure and claims 40% of people are in living in MISERY ? I hope not or you'd be out of your bloody mind :D

SO yeah politicians and corporations find clever ways to mangle their reports one way to generate positive market reactions - I mean even Trump did that during his Presidency - and him lowering corporate tax also put more money in investors hands, so that helped too - but who gives two f*cks about poverty, homelessness, crime, nope, last priority.

The stock market's DELUSION :P » Post #1

Sat Oct 22, 2022 09:27 in General Talk

Anybody following stock markets daily, or are there only bitcoin investors here ? It's CRAZY what is happening to the markets this year, in and out of bear territory, insanely low VIX score vs. reality, insanely overvaluation vs. current reality, back to back sell-offs followed by rebounds, one day it is the end of the world, we are heading for a global depression, days later, it's massive rally, companies released amazing earnings reports, next day inflation reports comes in too hot, sell-offs !!!! few days later, "Well investors are hoping Feds will slow down hikes and end them next year" RALLIES RALLIES RALLIES ..... Whatever it is, there is nothing to be proud of, it's important to look at the real picture here, the YTD, it's been a shitty year across the board, the Dow is down by 15%, TSX by 11%, etc. and markets have not even reached a BOTTOM yet, FAR FORM IT, when you see a VIX still so low like that, it's almost as if investors re in denial, they sell on fear and bad news, but TRY to find some hope (most of the time FALSE HOPE) as an excuse to rally.

BUT what a dangerous game it is -Inflation is not coming down anytime soon - I predicted here before next report will show a hotter than expect inflation - and Mr. Powell's DELUSION to think his moves will bring down inflation to 2% is absolutely NUTS - Companies are showing good earnings results, jobless claims are lower than expected, clearly people have money to spend on over priced items - people are getting raises, etc, the rich are getting richer and poor are getting poorer, inflation becomes stagnation - this is the new reality - Anybody still think 2023 will show a positive return ? you are delusional too :D How many years of positive returns will it take to break even ? Of course you should look at such investments as long term (20 years period) but short term, you are f*cked if you are relying on this money for retirement and/or you are out of work.

End of year rallies....But watch out Q1-2023, if inflation remains hot and interest rates keep rising, the market will tank. It is not impossible for another -15 to -20 % grind to the Dow Jones in 2023.

Is the war ending soon ? Not a bloody f'n chance - Is inflation going down to 2% in 2023, not a bloody chance, is it going down to 4% in 2023, not even f'n close - So I have an idea to bring inflation down, hopefully Mr. Powell is taking notes.
Instead of raising interest rates drop by drop, just do it one time,half or 3/4 points, raise it by 25% :lol:) that'll KILL the economy, and if that doesn't work still you can raise another 25 % - leave it there for a couple of years, jobs will drop like dead flies, people will stop buying, and inflation will drop down to 0%, maybe deflation too........ THEN in 10 years, you can bring back interest rates to 0%, and watch inflation go back up x4 it was initially, because companies have to make up for the loss...... LOVELY IDEA, and the point I am making with this sarcasm is that you cannot bring this inflation down without addressing the root cause FIRST, supply chain and abusers.

Good job for ETH being proof of stake 2.0 - good bloody riddance, now people can buy graphics cards again, FOR NOW :D

I do predict BTC will rise in 2023, yields will also rise, and stocks will sell-off in the Q1 on reports.

It almost seems to me like investors are willing to accept a stagnant inflation on the condition interest rates remain low..... The federal reserve isn't having that - and I agree, it should not be like that - but you need a GOOD President and not a two faced one to address the root cause of this bloody inflation.

Netflix low price with commercial option » Post #9

Wed Oct 19, 2022 07:43 in General Talk

valerie wrote: Netflix could in fact offer more.

One idea would be along the coupon line.

Another idea is to bring back user reviews. That was truly dumb doing away with it. There are people that live to read and live to post reviews.

There's really a lot of things they could offer.

Reviews ? There are ratings on Netflix, you can hate, like or love, there are so many review sites out there, including IMDB. Who knows why Netflix removed reviews, it's not what keeps or pushes away subscribers, if someone wants to review something they WILL, there are many platforms online for it. As far as coupons, same, and what Netflix can offer more is CONTENT - GOOD content :mrgreen: But here's the problem, greedy studios that charge an arm and three legs for content only to be streamed in one country, and charges extra organs if you want to stream to other countries - Netflix is faced spending a crap ton of money. If licensing fees were more flexible, they would cost ONLY little more BUT be allowed to be streamed in more countries at minimum, this means Netflix would be able to offer more content.

Also Netflix has a tendency of cancelling good stuff - meaning Netflix's own productions - the thing is they rely on how much of a show attracts NEW subs more than how many actual viewers are watching the show - so if a show is popular BUT does not manage to get more subs, forget it, and that sucks......... Squid Games was the #1 most viewed series, AND it brought in a lot of new subs. Once Squid Games 2 comes out, watch Netflix stock soar - This is exactly what Netflix needs and wants, GOOD content that brings in new subs - Publicly held companies expect to get higher earnings each year, all the time, and right now Netflix is in the dump - and being in dump they are running at a loss, they STILL have to pay for licensing - how could they offer more ? They rely entirely on studios - they need to negotiate more flexible licensing - BUT here's another problem - Studio companies now want to be independent - they want to run their own streaming company and make MORE money this way - Netflix is on borrowed time - I would HATE to be one of the share holders of Netflix, I dunno how they sleep at night - Now Netflix share is going UP - because of all the hype around the less expensive ad tier - BUT this is going to fade once people realise they don't wanna go through ad interruptions in their movies and once they realise a % of their shows are not available in the ad plan - and this is not Netflix's fault BUT it is because of the licensing they have with studios - some of the content is licensed based on a no ad streaming - so Netflix cannot make those shows available on an ad plan. Once the licensing for other shows expire, it is likely going to cost Netflix more to renew under the new plan. This is just buying Netflix more time, but Netflix is f*cked essentially - unless there is another huge pandemic I don't think Netflix is heading in the right direction, unless there is a disease called adpheliac where people are obsessed with ads and Netflix manages to significantly grow its subscribers base who do not care about missing content....... BUT watch out, you know what happened with Google ads (YouTube), people use blockers - so it is only a matter of time before someone makes a Netflix adblocker - unless of course Netflix bakes the ads in and ads a function to disable navigation during ads.

Netflix needs a new CEO and some good damage control. Also keep in mind there is a good % of NEtflix's member base that are using VPNs and other methods to go around the geo limitations, so they are able to watch shows that are not available to them in their country - Netflix KNOWS this, and they are under pressure from studios to crack down on this use - Netflix managed to blacklist VPNs, but some still do work, and even though it is against the terms of service, you won't see Netflix go mass banning people anytime soon ...........

Another problem - password sharing - technically Netflix allows people inside of your own household to share - BUT that's it. A % of people are sharing passwords outside their household - If they can somehow crack down on that, they might win some subscribers.

Flying Baby ? .......tasman1 » Post #6

Sun Oct 16, 2022 08:46 in General Talk

tasman1 wrote: Another cloud today

Nice round cloud , old man in centre , reading [ news ?? ]

Not far from that cloud was another cloud , fish , as man did read [ news ? ] fish turned to skeleton fish ? gone

Something big coming , very fast ....... this month ? think yes

You missed your big career Tasman1, you should have operated some of those 1-900 psychic lines or actually run a tabloid, you would have made quite a fortune - you know that people are willing to pay money to read and listen to that stuff :mrgreen:

Pumpkins Pumpkins Pumpkins » Post #12

Sun Oct 16, 2022 08:43 in General Talk

tasman1 wrote:
Darkstar2 wrote:
valerie wrote: I didn't know apes ate lettuce. Learn something new everyday. :shock:

Well that is the purpose of trunk or treat, safe.

Well Americans will have a chance to go "trick or treating" again in November 2024, will they get tricked a second time ? :mrgreen:




Some wild conspiracy on internet
From January 2023 only pumpkins and lettuce will have right to enter any election world wide , now I understand why Biden is having facelift to look like pumpkin at same time Trump say he is allergic on pumpkins and he will abort his plan to enter next election

For me I did join lettuce party , hope to get few vote , even if I get only few vote I will be politician with minimum 500 000 pay every year

That's great news Tasman1 - I think people will be better off with Pumpkins and lettuce :P As to Trump, well it's a big gamble, with all that is happening now, his trial, his so-called involvement with some events, he might have to weigh on what will give the best odds for Republicans to win. Here's the deal Biden is out that 100% sure, history has shown time and time again that Americans will not vote for a 2nd term during a recession, economic turmoil and market downfall. Look at Trump as an example, he did not win a 2nd term, mainly because the dire situation at the time of elections, his management of the pandemic, etc -not that Sloppy Joe did any better, he did worse than ANY President in history - so it's certain that Republicans will win, unless somehow Biden manages to trick Americans a 2nd time with his bullshit and lies, just like Obama did. If Trump represents himself, that will be trickier, he is unlikely to win the popular vote, and no longer a given he will manage to gain the key states, and if he does, it would be a narrow victory probably narrower than that of 2016, so there would be division more than there is now. But what about other Republican candidates, all you need for a solid victory is someone who thinks like Trump and willing to take actions that get results, and actually make promises you can KEEP. - with the capitol hill incidents and recent events, maybe those can hurt Trump's chance for a win, even though in theory Trump would still be the best person, I mean no politician is a saint and free of corruption and deceit, everything they are accusing Trump of, applies to many politicians, except for the events in January - and now with Jerome Powell losing his mind and wanting to DESTROY the world economy and create more poverty, Trump would have a major challenge if at all he gets in, so his likely card will be to help businesses, lower taxes, etc, that might help keep the markets calm a little, he might help prevent an actual depression ........ On the contrary if Democrats do manage to CON themselves into a second term like they did the first time, then say goodbye to your retirement savings and investments - unless this MF of an inflation goes down real bad, people should expect their portfolio values to be worth 40-50% if not more, lower than it was in January of this year, people should expect to see a scenario similar to 2008 but worse, because this inflation will likely stagnate, and a recession is likely to be a long one, and not a short one like some might think.

With Trump in power, I still think markets will be in bear territory for most of 2023, though the chances of a further 20-25% crash is less likely.

Pumpkins Pumpkins Pumpkins » Post #10

Sat Oct 15, 2022 07:31 in General Talk

valerie wrote: I didn't know apes ate lettuce. Learn something new everyday. :shock:

Well that is the purpose of trunk or treat, safe.

Well Americans will have a chance to go "trick or treating" again in November 2024, will they get tricked a second time ? :mrgreen:

Netflix low price with commercial option » Post #6

Sat Oct 15, 2022 07:28 in General Talk

valerie wrote: If they limit content then I don’t think people will find that attractive at all. In fact, I think it would anger people just that much more and possibly lose more subscribers.

It is tricky - it depends, if Netflix is transparent and discloses exactly WHAT is EXCLUDED in the ad-tier version, people will KNOW in advance what to expect - Not everyone might be interested in the excluded content, so if it is known in advance which ones are, and updated as needed, then it will help Netflix get more subscribers, but mainly the traffic that wants to save money more than anything else. If Netflix does NOT disclose which shows are excluded, and just says "hey we will only charge you $6 with ads, but you will also be unable to watch 10% of our available content" then this might not get as many new subscribers. Netflix defends this decision by saying the shows excluded are due to licensing agreements. Who the hell wants to be interrupted by ads whilst watching a series or movies - content on Netflix were not meant for ads. On TV networks, show editing is designed around insertion of ads at the appropriate moment......on Netflix, you will just end up getting ads randomly interrupting your views, and maybe in an important spot in a movie or show. In all fairness, compared to network TV, you get 5 minutes of ads for 1 hour of content on Netflix, compared to 15-20 minutes of ads on Network TV, per 1 hour spot.

Quote:
No matter what Biden says, we are in a recession in the USA. Netflix does not offer enough variety/content vs their prices. Many people in the USA are cutting out a lot of needless stuff.

Biden doesn't give a shit about anything right now other than getting re-elected, just like his court's Jester and mentor Obama shamelessly did for his two shams of terms, can he do something about inflation now ? Too late, he should've thought of that during the pandemic, during his ATROCIOUS management of it, all he did was throw free money for the asking, he didn't do much about the CAUSE of this whole mess, so now he still has delusions he will win a second term, but his goal is not to do what's best for the nation at all, he has a power trip, he wants to beat Trump AGAIN, for a second time, and we all know what cheap strategy he will use to get there - is there a chance in HELL that dems will secure midterms ? Hopefully not, it would be CRAZY if they pulled it off - Just like Trump lost, there is no way a sitting President can get a second term under such economic turmoil - his Presidency was a monstrous sham, true to his predecessor, and now that the damage is done, I even wonder what Republicans can do - inflation is baked to last, the first thing they need to do is fire Powell, we're in this mess because of him, partially anyway, the bad decisions affects the world........ second, throwing MORE money at people means people will SPEND money - you want the opposite, but the Fed wants to DESTROY the economy to get there - instead why not do something about the supply chain issues or finding other ways to LIMIT consumption of such items instead of having companies take advantage of the inflation by fraudulently raising prices ? Biden tried to convince oil producers to lower their prices by saying "hey don't be greedy now......" and the producers told him to F off basically. I don't think Trump or any Republican can do much about the damage left by Biden - not in the short term, but he might find ways to help businesses cope - such as further lowering corporate tax, basically giving corporate America an extra hand job :mrgreen: We are in a bear market, I mean how long will this last ? Markets can easily go down another 20%, so they could be as low as 45-50% down to pandemic highs, this is UNACCEPTABLE - before this feds aggressively raised interest rates, markets were doing well, it's almost as if businesses do not mind inflation as long as people are spending and earnings meet goals - this goes to show you how bottom line is the #1 priority for business, they don't give two shits about anything else, so they are part of the problem too.

Quote:
Not long ago, a candy bar was $1.00. They went up to a $1.48 a few years later. Very recently they went to $1.98. McDonalds cokes was $1.00. They went up to $1.25. Gasoline prices were yo-yoing and now the pricing is increasing rapidly. Most groceries are up about 16%.

Well that may not be such a bad thing - they should add taxes and make those items more expensive, it might not be such a bad thing especially in America :lol: Besides, prices in those fast food chains were already over priced, here if you order a big mac, fries and coke you are out $25-$30, if you look around you can eat a feast, for half that, these fast food chains were already selling expensive trash.

Quote:
If Netflix was truly wise, they’d focus on offering MORE for the money instead of LESS.

ahahahaha, you do realise that Netflix is a publicly held company - it cannot be compared to Amazon though, Amazon is more than just a streamer service - Netflix is a content streamer, their business model relies on NEW subscribers, unlike network TV, they renew shows based on its ability to bring NEW subs, not the actual viewership of existing subs, which is quite pathetic - Netflix is only partly to blame - they are paying crazy high licensing fees to studios, the greedy studios - Netflix has to pay licensing fees for EACH country it wants to stream to, instead of paying ONE fee, so it's costing Netflix a lot of money just to be able to stream the same show in more than 1 country.

Netflix is running a loss, I mean with its value being down almost 3/4 how the hell is it even surviving and spending billions in licensing fees, and adding new content, I'd hate to be in shareholders' shoes - it must truly suck - there is a limit as to how much bail out money Netflix gets, in the end I do not see Netflix being viable for much longer, if they do not manage to increase its subscribers and share value, it will be really bad, will they just go bankrupt or get sold to another streamer - and before you even think of saying "Amazon", keep in mind if Amazon buys Netflix, expect to see your Prime membership go up, way up :D Keeping in mind also that Amazon is a publicly held company too.

Lifetime Total $8001.14 .........tasman1 » Post #5

Fri Oct 14, 2022 22:12 in Success Stories

tasman1 wrote:
ishraq32 wrote: How?I can only earn 1.12$ in one month I can answer all the surveys and also attend daily polls.



It all depend on your country and your profile

ahahaha I am in a TIer1 country, and earn a big fat ZERO here..........

it's more than profile and country.

Netflix low price with commercial option » Post #3

Fri Oct 14, 2022 22:10 in General Talk

EPIC FAILURE - Netflix is heading for collapse - it will likely get acquired eventually. Their ad-tier plan will definitely not save itself - you need actual subscribers to get advertisers - I do not think it will significantly bring new subscribers, here's why - the ad tier costs significantly less, BUT there is ANOTHER catch - you will get restricted on the content as well. Meaning ad supported plans will NOT include 100% of Netflix library of TV and films, and this is because of the deals they have with the greedy studios, so actually you are paying less money for less content, as much as 10% possibly way more will be missing in the ad supported tier. ALSO another problem, a lot of studios are running their own streaming service now, so Netflix is losing out on A LOT of content that are not available directly through those studios, so Netflix is no longer exclusive, there is Paramount, NBC, Disney, etc, also Netflix was the go to place during this pandemic, it artificially raised Netflix's count, much like Biden and Powell's money handouts (and hand jobs) added a shit ton of money to the market, inflating and creating a level of over valuation.......same for Netflix, it was way over valued, and now it is going down to true value (like stocks) and subs are going down because of the clusterf*ck of inflation, high prices, and people have an actual CHOICE to choose from different provider - all those increase in prices over the years do not help as well.

Any bets on who will buy Netflix ? :P

Pumpkins Pumpkins Pumpkins » Post #8

Thu Oct 13, 2022 07:23 in General Talk

tasman1 wrote: Pumpkins now trending on ySense , not fair, what about lettuce ?

Not long ago lettuce was here around 12.00 , people did stop buying and price did collapse
Now they are 2.00 and people still boycott

We can do same with politician ? or we can pressure them to eat only pumpkins ? :lol: :lol: :lol:

No but they can eat something else - they can eat what they are essentially :mrgreen:

That's how it works, it's the game of "f*** consumer sin the arse and see how long they buy at skyrocket prices" THEN when they stop buying, wake up and lower the prices - This is exactly what is going to (hopefully) happen with NVIDIA's monstrously heavy, huge and expensive new line of GPUs to hit the market. The more people (morons) buy ridiculously high and over inflated products, the more companies will keep prices high.

Is it normal to spend $12 on lettuce ? NOPE. Companies are taking advantage of inflation and make sure it persists,
then you have an idiot trying to scam the population and businesses by continually raising interest rates, delusional that he is, thinking it will lower inflation - well sure, sink the economy into a depression and it sure will lower inflation, because nobody will buy, it will also take all the money from people's savings and investments that they earned over the last 5-10 bloody years - THEN what happens when they bring interest rates back down ? WELL prices rise and rise again, and you end up at square F****** one, because no idiot out there took care of supply chain issue, THAT'S the problem........there is too much demand for supply that is limited !!! kinda like surveys here only on a large scale :P

Poll ---Holes ........tasman1 » Post #2

Thu Oct 13, 2022 07:18 in General Talk

tasman1 wrote: How many holes in your pocket ?

Is this a trick question? Do we count the actual pocket itself as a hole or only the extra holes. Now that question is tricky - in America, there's lot of holes in people's pockets because of the inept and crooked administration who has done NOTHING about supply chain problem and who has appointed the very same person at the Fed reserve who is DESTROYING the economy and sending it into a long recession, CRUSHING people's nest eggs and sending stock into a very long bear territory likely for the next 2-3 years minimum, so yeah lots of holes in pockets, the greedy criminals in many industries taking advantage of inflation to enrich their dirty pockets contribute to it. people were FOOLED by a Bernie Sanders wanna-be who threw money all over the place, creating this problem in the first place, and now people are paying dearly for this - hopefully a lesson to be learned for 2024, or during any election when politicians promise a lot of money, you know it means BIG trouble.

and here in Canada we are not immune from the inept monstrously incompetent politicians either, IT'S WORSE. In America at least there is a 2 terms limit for a President, here, it's perpetual, and Canadians have voted 3 times in a row for status quo and TRASH. Since US and China are the cement of global economy, and China is very unstable due to its lockdown policies, and the US is heading for a deep recession because of Powell's move to lower inflation (when it clearly is not working, the dumb-dumb should know by now that there are other causes of the inflation, fix those first, then tackle the rest.) So when US croaks, Canada follows.

SO, you still wanna know how many holes in our pockets ? LOTS of bloody holes too many to count :mrgreen:

Pumpkins Pumpkins Pumpkins » Post #6

Wed Oct 12, 2022 07:24 in General Talk

valerie wrote: Trunk or Treat is pretty much the norm now.

I thought I read Trump or Treat :lol:

Well back in 2020 Americans chose Trick, and tricked they were in all orifices back and front :mrgreen:

Besides what is pretty much norm now is that parents should properly inspect candy, and no kid should be allowed to consume anything that is not sealed. Anything like candy or items that can easily be unwrapped and back again is unsafe - needles, blades, poison, not uncommon now, we are living in the era of crazy especially on this side of the world.

WOW This is real Bonus.........tasman1 » Post #9

Wed Oct 12, 2022 07:21 in General Talk

tasman1 wrote: Got it today, cool , wife can smoke like steam train :lol: :lol:

That bad huh, I'm almost tempted to say something here, but I don't know how dark you like your humour :lol:

Anyhow, yeah maybe now is the time she considers to quit smoking, whilst she still have any lungs left.
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