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Posted

Sobering! Who has saved the 1st world countries from collapsing into a 1929 scenario so far?
"The Government" and its institutions and it's big financial "Bazookas".


Not Bill Gates, not any Hollywood Muscle Man, nor any Evangelists. Just "the Government". Nobody and nothing else.
Without "the Government", most of the professional Anti-Government activists would soon find themselves standing on a street corner singing "Brother, can you spare a dime". Them not standing on a street corner and singing "Market-Forces will cure us all including the world economy on the brink of collapse". None of those tunes would make it into the charts.
Hail to the Governments and their big financial "Bazookas".

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Posted
28 minutes ago, swissie said:

Hail to the Governments and their big financial "Bazookas".

Of course it was entirely the government's of all nations that saw the pumping of stick markets for last two decades. Bubbles in every sector of economy.

 

Plan your exit strategy friends this is the last grab at all the money left on the table before we head for depression.

 

No idea if that will be in one or ten years but we have arrived.

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Posted

Something tells me your celebration of governments' handling of this crisis may be a bit too enthusiastic and a bit too early to evaluate. It is true that governments have their role to play. If they would stick to their necessary roles, and limit their power, we would all be better off.

Posted

The world will GEt back to abnormal soon enough.   The corrupt and criminal will continue to lie,  cheat and steal.  The cotton wool for brains crowd will still bich and whine.  The average Joe in the street will geT on with life, 

go to work, had some fun.  The big shots on Wall St will make money.  The government will roll on as it always does.  This is just the hiccups, it will be gone soon enough. 

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Posted
3 hours ago, Davo369 said:

On a lighter note... 

IMG-20200328-WA0008.jpg

Schools?...Jaaabbs..? Football?? Pubs? Kiss and embrace???

I better enjoy the lack of them as long as it lasts ..????

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Posted

Government. I worked at a high school with 2,400 students. The school had i. a ToT office, ii. 6 internet technicians, iii. a room with at least 30 servers (purpose unknown). iv. Wifi? Just forget it. v. Broadband for the say 30 departments? 10% of the time. vi. Budget? Millions.

 

For 30,000 THB a month, they could have bought 60 ADSL lines. 

 

Any hotel could establish wifi, repeaters, antennas, the works for 20% the cost.

 

Nobody cares.

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Governments have done a brilliant job, crashing economies. Sweden is an exception.

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Take Vietnam. No deaths yet, but they keep hotels closed to foreigners. My hairdresser was treating pimples, but wasn't allowed to cut hair?!? OTOH, they can't make people stop driving on the wrong side of the road / double parking / running red lights. 

 

The flue kills 50,000 each season, just in the USA. Abortions? 400 every working hour. And proper data shows a different picture, when age & preexisting conditions are revealed.

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