Russia Ukraine WW3

[Daniel cain 45,147]

20 hours ago, Mickey Finn said:

I'm far from clueless. Your emotional by nature. This makes you susceptible to coercion from the Russian Bot Farms. Your above post is hard evidence of this.

 

Both China and Russia have a failing demographic. Certainly this is Russias last war in their present form.

Anthony Blinken is going to China as we speak to see what options are available. But honestly, there are none. Corporations are leaving and taking the jobs with them. Dependant on imports to feed their people and power their industry. They literally have nothing to offer any longer.

Someone said recently that microchips are what steel was in WWII. Well we have taken most of that away from China now. They should have been better neighbors.

Put down the 'glass dick' pal

[Mickey Finn 3,011]

5 hours ago, Daniel cain said:

Put down the 'glass dick' pal

Post a reasonably intelligent comment pal. Maybe ask someone for help?

[dogmandont 9,802]

#jre #jreclips #joerogan #rfk #rfkjr #rfk2024 | rfk joe rogan | TikTok

VM.TIKTOK.COM

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#jre #jreclips #joerogan #rfk #rfkjr #rfk2024

 

[dogmandont 9,802]

1 hour ago, dogmandont said:

#jre #jreclips #joerogan #rfk #rfkjr #rfk2024 | rfk joe rogan | TikTok

VM.TIKTOK.COM

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#jre #jreclips #joerogan #rfk #rfkjr #rfk2024

 

Chinese bot this time. Lol

 

Edited June 21, 2023 by dogmandont

[mC HULL 12,291]

2 hours ago, dogmandont said:

Chinese bot this time. Lol

 

lol you won’t get much reply the brainwashed can’t see the light they only believe what there told from the bbc lol

[tatsblisters 9,528]

The country's about to go into recession and the UK is giving more money to the Ukraine. Fekin madness if you ask me.

[chartpolski 23,303]

Please bare with me here; I’m a retired engineer and certainly no economist!

As I understand it, a “recession” is defined as two quarters of negative growth”.

So, even if a countries GDP has grown year after year for many years, then after six months of negative growth, the country is in “recession “ ?

Is that such a bad thing ? Can a countries economic growth go on indefinitely ?

I also understand that a countries GDP grows as the population grows, mainly due to immigration, but per capita GDP drops. So the countries economy grows, but your share of it gets less !

Another thing I don’t understand is the panic about interest rates. 
People have been borrowing money at minuscule interest rates for years and are now panicking as interest rates rise to around 6%……..when I bought my house in the 80’s interest rates peaked at 15% !! 
Have people been seduced by historically low interest rates and taken on to much debt ?

Cheers.

[EDDIE B 3,162]

24 minutes ago, tatsblisters said:

The country's about to go into recession and the UK is giving more money to the Ukraine. Fekin madness if you ask me.

All part of the plan?

[DIDO.1 22,645]

4 minutes ago, chartpolski said:

Please bare with me here; I’m a retired engineer and certainly no economist!

As I understand it, a “recession” is defined as two quarters of negative growth”.

So, even if a countries GDP has grown year after year for many years, then after six months of negative growth, the country is in “recession “ ?

Is that such a bad thing ? Can a countries economic growth go on indefinitely ?

I also understand that a countries GDP grows as the population grows, mainly due to immigration, but per capita GDP drops. So the countries economy grows, but your share of it gets less !

Another thing I don’t understand is the panic about interest rates. 
People have been borrowing money at minuscule interest rates for years and are now panicking as interest rates rise to around 6%……..when I bought my house in the 80’s interest rates peaked at 15% !! 
Have people been seduced by historically low interest rates and taken on to much debt ?

Cheers.

.....yes. 

Spot on.

But it's never about the truth. It's about how the media has you interpret the truth on behalf of the economic elite

[Greyman 28,246]

6 hours ago, chartpolski said:

Please bare with me here; I’m a retired engineer and certainly no economist!

As I understand it, a “recession” is defined as two quarters of negative growth”.

So, even if a countries GDP has grown year after year for many years, then after six months of negative growth, the country is in “recession “ ?

Is that such a bad thing ? Can a countries economic growth go on indefinitely ?

I also understand that a countries GDP grows as the population grows, mainly due to immigration, but per capita GDP drops. So the countries economy grows, but your share of it gets less !

Another thing I don’t understand is the panic about interest rates. 
People have been borrowing money at minuscule interest rates for years and are now panicking as interest rates rise to around 6%……..when I bought my house in the 80’s interest rates peaked at 15% !! 
Have people been seduced by historically low interest rates and taken on to much debt ?

Cheers.

The modern world also has a very short term memory, I was explaining to a 30 something lad a couple of years back that we were due a recession to balance the books again in favour of the rich, and he started telling me what an idiot I was, he,s in the building game and they are building so many houses nothing could possibly go wrong roll on 2 years silly old idiot has shifted his moneys and assets around and is in the process of sitting pretty and even making a few quid over the coming years while the wise young man is in tatters because all his loans have gone through the roof the site is laying him off blah blah blah, we go round in circles so just be prepared for the next loop rather than expecting things to change, which one was it that rolled into power promising an end to boom and bust roll on   A few years and the ride comes past again, the only surprise is how many people still expect change after a lifetime of going round and round

[Bakerboy 4,689]

6 hours ago, chartpolski said:

Please bare with me here; I’m a retired engineer and certainly no economist!

As I understand it, a “recession” is defined as two quarters of negative growth”.

So, even if a countries GDP has grown year after year for many years, then after six months of negative growth, the country is in “recession “ ?

Is that such a bad thing ? Can a countries economic growth go on indefinitely ?

I also understand that a countries GDP grows as the population grows, mainly due to immigration, but per capita GDP drops. So the countries economy grows, but your share of it gets less !

Another thing I don’t understand is the panic about interest rates. 
People have been borrowing money at minuscule interest rates for years and are now panicking as interest rates rise to around 6%……..when I bought my house in the 80’s interest rates peaked at 15% !! 
Have people been seduced by historically low interest rates and taken on to much debt ?

Cheers.

Yep, I remember it at 15%

[Greyman 28,246]

24 minutes ago, Bakerboy said:

Yep, I remember it at 15%

Seemed like the most frightening thing in the world at the time I had also just bought my first house for 26k had two baby’s and had lots of mates just throwing there keys at the estate agents and walking away, I dug in worked several jobs day and night and made it through still own the same house today valued at 370k so never turned out that bad in the end

[Gypsydog94 4,561]

1 hour ago, Greyman said:

Seemed like the most frightening thing in the world at the time I had also just bought my first house for 26k had two baby’s and had lots of mates just throwing there keys at the estate agents and walking away, I dug in worked several jobs day and night and made it through still own the same house today valued at 370k so never turned out that bad in the end

 

[dogmandont 9,802]

1 hour ago, Greyman said:

Seemed like the most frightening thing in the world at the time I had also just bought my first house for 26k had two baby’s and had lots of mates just throwing there keys at the estate agents and walking away, I dug in worked several jobs day and night and made it through still own the same house today valued at 370k so never turned out that bad in the end

Just a quick mortgage calculator. This is what young people are up against.

This for your house then and now. 

That's with both mortgages at 5% as it wouldn't let me put 15% for the smaller amount. 

Something just isn't right. 

 

Edited June 22, 2023 by dogmandont

[chartpolski 23,303]

Anyone “in the know” have any info on the civil war about to start in Russia between Wagner PMC and regular army ?

Cheers.