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30th March 2020, 18:50 | #441 |
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All the best Ab
edit: oh hey new page lets see how long until Nich predicts the fall of humanity again |
30th March 2020, 22:31 | #442 | |
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Covid-19 coronavirus: New Zealanders living in Australia able to access payments https://www.nzherald.co.nz/world/new...ectid=12321030 |
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31st March 2020, 02:12 | #443 |
A mariachi ogre snorkel
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Not sure. I should be covered by Australia's "default" aid in virtue of having bitten the pillow and taken Australian citizenship a while back.
Here's a weird example of a perfectly rational decision that would have seemed insane a week ago. Princess and I have decided to not travel in the same car. We're immigrants with no family where we live and we have two children. My sister lives in Sydney; Princess's family are back in NZ; either may as well be Mars as far as accessibility is concerned now. If a life-threatening accident happens to Princess and I simultaneously our children are fucked. The bank sells our home, our possessions go in a dumpster and get picked over by neighbourhood scavengers, the kids disappear into the foster care system, distant relatives try and get answers from the State remotely but yeah nah we're dealing with a pandemic, call back another day. Tiny tiny risk. But still not worth it. So no more accompanying each other to the store. |
31st March 2020, 13:30 | #444 |
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remember Si, when Prince died his entire estate went to the State first, then his family had to fight over the scraps. Don't be like Prince, have a Will... but in every other respect definitely be like Prince.
You can organise it online (print at home) if getting to a lawyer isn't possible. Also, you can distribute your Super to anyone you please incase the worst happens. First steps for all of us should be to reduce the burn rate, consider the COSTS of taking a new job especially if it distracts you from getting your affairs in order at home, take a new job if it suits you, and work out if eligible for grants. If you have a mortgage, negotiate with mortgage broker + bank to switch to interest only repayments. Many big old trees will fall in the forest of the old world, we can be the new young trees to make use of the new resources made available to us. Unemployment can be distressing, but it is also a gift to take the time to evaluate the world, where it's heading, and how you can bring value now and in the future. |
31st March 2020, 16:23 | #445 |
Architeuthis
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West Texas Intermediate (WTI) crude oil has slipped as low as US$7 per barrel. That's less than the cost of a pint in London.
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31st March 2020, 17:24 | #446 |
Word To Your Motherboard!
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How does one buy barrels of oil?
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31st March 2020, 17:28 | #447 | |
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Law experts answer your employment questions during the Covid-19 lockdown - RNZ
Simon Martin's less the optimistic outlook, emphasis mine: Quote:
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Stay shook. No sook. |
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31st March 2020, 17:47 | #448 | |
Architeuthis
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31st March 2020, 19:14 | #449 |
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Ran out of energy on Sunday after the mania of last week. Settling into a routine of working from home for now and making sure I get in a walk a day to keep some semblance of fitness.
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1st April 2020, 17:55 | #450 |
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So many people out and about in my neighbourhood. NZ is in for some pain and people are clueless.
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Stay shook. No sook. |
1st April 2020, 18:36 | #451 |
I have detailed files
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Just checked my Super balance. Yeah, must think about sticking in for the long haul. Dropped by 12.5% in a month, which I suppose in a good year would be annual earnings, so must think positive.
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1st April 2020, 18:39 | #452 |
I... err - F*ck It.
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Yeah gotta play the long game if and where you can.
Lightspeed - context? Like public gatherings or just around their houses? |
1st April 2020, 18:44 | #453 |
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We’re Going to Need a Bigger Bailout | The Big Conversation
Real Vision Finance https://www.youtube.com/watch?v=8dMbK_dEwyI Discussing how the economy may struggle to make a V-shape recovery due to major buyers in the market removed from the upward volume, ie share buybacks stopped, pension funds not buying, real economy shutdown for months, and many companies are now Junk status and can not or will not take a loan in the current conditions. Keiser Report | Gold: Problems with Exchange for Physical | E1520 https://youtu.be/wPGmut6_TEk Physical gold is physically not available at any price, and the current economy is a black hole of debt that even the FED's planned infinite money printing will not fill the crater left by COVID-19 Eric Weinstein The Portal - 27: Daniel Schmachtenberger - On Avoiding Apocalypses https://podcasts.apple.com/us/podcas...=1000469758815 Great intro to this podcast about accountability and Triage Deaths which could have been avoided if leaders believed reports that epidemics and pandemics are inevitable and followed the recommended surge capacity recommendations in those reports... then the podcast does a deep dive on cooperative societies, colonizing other planets, and warp drives. Uncommon Knowledge - The Corona Economy With John B. Taylor https://www.hoover.org/research/coro...-john-b-taylor Whether by the virus or by economic shutdown, it is a question of lives lost. The western world is sheltering from the virus, but this action may send many into poverty from which can be just as deadly, and they may never recover. Future Fossils: 139 - On Coronavirus, Complex Adaptive Systems, & Creative Opportunity https://podcasts.apple.com/us/podcas...=1000468620198 Thoughts on the Coronavirus pandemic from the perspective of complex systems and network collapse—and talk about the possible silver lining we might find in a time of crisis and enforced social isolation. Last edited by Nich : 1st April 2020 at 18:46. |
1st April 2020, 19:01 | #454 | |
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Stay shook. No sook. Last edited by Lightspeed : 1st April 2020 at 19:03. |
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1st April 2020, 19:41 | #455 |
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The Pros and Cons of the weather at the moment.
Pro - Sunny, so you can walk out of you house, get some fresh air. Con - The idiots who think they should go to the beach for the day, or who start to push the isolation rules. |
2nd April 2020, 10:56 | #456 |
A mariachi ogre snorkel
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2nd April 2020, 12:01 | #457 | |
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Agreed. Virus not contained, biggest case numbers globally, and economy frozen, they set to 10x their deficit from pre-virus (already at 4x)
Oaktree Capital Management memo https://www.oaktreecapital.com/docs/...ch-way-now.pdf Quote:
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2nd April 2020, 12:31 | #458 |
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Also, S&P 500 double top rejection at 2,630 on the "stimulus". Unlikely to try again to get above 2,630 any time soon. If you believe in Fibonacci technical analysis then this current downward wave is going to be epic.
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2nd April 2020, 14:20 | #459 | |
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2nd April 2020, 14:32 | #460 |
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The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs
https://www.bloomberg.com/news/artic...-subprime-cdos |
2nd April 2020, 14:56 | #461 | |
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2nd April 2020, 15:20 | #462 |
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agreed, same way that Vangard would say active financial management is just as bad as gambling. You know on which side certain people will fall, but its helpful to hear them make their case.
All we can do is listen to the smart people on all sides of the argument then make a decision on how best to preserve wealth. |
2nd April 2020, 17:48 | #463 | |
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
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2nd April 2020, 20:20 | #464 | ||
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Relevant XKCD Quote:
The problem is when those in power are quite happy to sacrifice health (your health, never theirs) to preserve wealth.
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ɹǝʌo sᴉ ǝɯɐƃ ʎɥʇ Last edited by Cyberbob : 2nd April 2020 at 20:23. |
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2nd April 2020, 21:54 | #465 | |
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2nd April 2020, 23:34 | #466 |
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We're only 8 days in.. don't be so sure.
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3rd April 2020, 01:01 | #467 |
A mariachi ogre snorkel
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I am a bit concerned at how blatantly Labour are following the Michael Joseph Savage "shut down all the media outlets that might criticise the government" playbook.
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3rd April 2020, 11:08 | #468 | |
I... err - F*ck It.
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I like alternative views but really struggle with the narrow minded views of many NZers. Reminds me a little of the US. |
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3rd April 2020, 12:05 | #470 | |
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Bauer had been trying to sell for a long time and weren't doing that great. they were offered a lifeline by Govt which they didnt take. |
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3rd April 2020, 12:34 | #471 | |
A mariachi ogre snorkel
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3rd April 2020, 12:50 | #472 |
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Now I know I am lenient on some of the stupid things the Government does, but this is truly idiotic.
I have no issue about driving 2.3km, thats still local to me. but pretty sure mountain biking is one of the things the government would rather people not do. https://www.stuff.co.nz/national/hea...virus-lockdown |
3rd April 2020, 13:23 | #473 |
A mariachi ogre snorkel
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What a fucking muppet. Just a reminder that in spite of Saint Jacinda's empathic FB Live videos, Labour still gonna Labour.
This is the Minister of Health. What the fuck is he doing mountain biking in the South Island? Why the fuck is he not at work? |
3rd April 2020, 14:54 | #474 | |
I have detailed files
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3rd April 2020, 15:55 | #475 |
I... err - F*ck It.
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In his big sign posted van even!
The worst thing is how he tried to defend himself. Jacinda (who I don't like politically, but who is making some great calls in a fucked up time) should have his balls on the chopping board and publically hammer them. Such a fucking disgrace. |
3rd April 2020, 17:15 | #476 |
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1200 deaths in the US yesterday. When do they hit 10k in one day?
At this point given both the virus and the US response to it, seeing people collapsing in the street doesn't seem unreasonable.
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Stay shook. No sook. |
3rd April 2020, 17:24 | #477 | |
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I think the facepalm thing is that he didn't anticipate how it would look because of his position as health minister. There's a group of people who need to be told what they should & shouldn't be doing and they're gonna see this as him just doing what he wants so why shouldn't they. Also he obviously took the work vehicle to fit his bike in but ffs
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
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3rd April 2020, 17:45 | #478 | |
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The virus is simply out of control in the US. I reckon no one believed a city like New York could 10x in the space of a week. And now we're getting some horrific stories of people choosing to work instead of looking after their spouse with high fever, then returning home to find them dead. Also banks tasks with distributing the "stimulus" to individuals are squabbling over the loan terms. And small business representatives are squabbling over the design of the App to apply for the small business stimulus. This just in time economy is about to ask all small businesses to wait while all these associations + treasury come to an agreement on how to distribute the stimulus. Now we're getting some blame game going on to manufacture consent for war with China. ie mainstream news is reporting on the "coincidence" that a level 4 biolab was also in Wuhan, and how China lied to the world and lulled US officials into a false sense of security regarding the virus. come on! Individuals with a few twitter followers were able to see what was coming better than the CDC, NSA, and CIA combined? bull shit. |
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3rd April 2020, 17:52 | #479 | ||
A mariachi ogre snorkel
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Compare and contrast: during the 2009 Swine Flu, Minister of Health Tony Ryall (MP for Bay of Plenty) gave two press briefings a day from Wellington with situation updates. |
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3rd April 2020, 18:01 | #480 | |
A mariachi ogre snorkel
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