And people say the Gov't isn't trying to disarm the citizenry. Back to the frog in a pot analogy.....
And people say the Gov't isn't trying to disarm the citizenry. Back to the frog in a pot analogy.....
Originally posted by SJW
Once again another useless post by JRSCOOLDUDE.
Originally posted by snowcat
Don't let the e-thugs and faggots get to you when they quote your posts and write stupid shit.^^ Fact CheckedOriginally posted by JRSC00LUDE
I say stupid shit all the time.
Including airsoft and paintball in his last round of bullshit was a mistake. Provinces, municipalities, gun owners, airsoft and paitballers, police groups and even pro gun control groups are all pissed at them over this. And now the reduction in penalties for the poor oppressed POC who need a break when they commit gun crimes, he might have bitten off a bit too muchThis quote is hidden because you are ignoring this member. Show Quote
See Crank. See Crank Walk. Walk Crank Walk.
“Pissed”
They have “pissed off” a niche group of the voterbase who were likely never voting for them in the first place. It’s just standard liberal identity politics, everyone loves banning things that they don’t care about.
Pretty sure the Liberals would treat me better if I actually committed a crime with my guns.
This will all pass with flying colours and by and large Canadians won’t give a fuck about it, just like anything else.
Last edited by killramos; 02-19-2021 at 10:33 AM.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Didn't they give a guy that threw a grenade $10 mil?
All provincial debt is backed by the BoC. Provinces are actually only allowed to carry debt because the feds let them. So really, any prov debt can just be added to the national debt.This quote is hidden because you are ignoring this member. Show Quote
Canada bond yields are sorta high - I've seen some almost at 6%. So there's definitely some market trepidation out there. 7% is usually considered almost junk, at least back in the halcyon days of a year ago.
It's amazing how quickly interest rates can turn. Just look at the Russian financial crisis in the late 90s. One day, normal interest rates. Next day, 150% prime rate.
In practice, we've never seen a federal bailout of a province since the great depression. I believe the guarantee is more implicit - but happy to be corrected on that point if I'm in error.This quote is hidden because you are ignoring this member. Show Quote
This country really is fucked - and I can't believe people think going down with the ship is a better idea than creating a constitutional crisis and blowing up confederation (either as a group or individually).
* cough *This quote is hidden because you are ignoring this member. Show Quote
https://www.bloomberg.com/news/artic...-yields-higher
This is basically your dad paying off your CC debt.
I cant read that.This quote is hidden because you are ignoring this member. Show Quote
Have you tried using a browser?This quote is hidden because you are ignoring this member. Show Quote
Found it. I think that Provincial bond purchase program was a temporary thing last year? I guess it probably is now temporary in name only.
This is from two days ago.This quote is hidden because you are ignoring this member. Show Quote
Not surprising as Ontario hit their debt ceiling ages ago.
No I mean it was setup last year to be a temporary thing.This quote is hidden because you are ignoring this member. Show Quote
Oh that will be his compromise you watch... He will give those back out of the goodness of his heart hoping people forget about the rest of his bullshit.This quote is hidden because you are ignoring this member. Show Quote
Just two more weeks brah.This quote is hidden because you are ignoring this member. Show Quote
Wait 'til people are trying to renew their mortgages - at 25%. Yeah that'll work out well for this banana republic gov't.
I don't know why you engage with it. It has shown time and time again that it doesn't understand how taxation works in Canada at all.This quote is hidden because you are ignoring this member. Show Quote
So when should everyone lock into the longest term they can?This quote is hidden because you are ignoring this member. Show Quote
Or do you just pool as much money as you can elsewhere, and wait for house prices to be worth nothing and walk away from it at renewal?
Where's the smart money? Essentially either houses will be worthless or our currency will be, so where do you hedge your bet?
Originally posted by SJW
Once again another useless post by JRSCOOLDUDE.
Originally posted by snowcat
Don't let the e-thugs and faggots get to you when they quote your posts and write stupid shit.^^ Fact CheckedOriginally posted by JRSC00LUDE
I say stupid shit all the time.
This quote is hidden because you are ignoring this member. Show Quote
Precious metals... there is already a discrepancy between physical metal price and paper asset price. Gold is the only storage of value that has survived multiple financial collapses and continues to be traded and hold it's value. Or BTC.. but 70k CND BTC is damn pricey.
Most people will just walk away, credit be damned.This quote is hidden because you are ignoring this member. Show Quote
Locked in terms will be pointless. The bank will call in your loan.
Back in the early 80's I remember my parents were paying off property mortgages at like 21%! We ate cheap as fuck, mom would make powdered milk and wore clothes we were outgrowing for a while, but still made it through... lol! I don't know if people could honestly handle that today though. Different times for sure.This quote is hidden because you are ignoring this member. Show Quote
People can't handle that style of living today, waaaaay too much entitlement. I swear most people have no idea about financing implications. I haven't read anything about how Trudeau plans to afford all the COVID relief, gun buy back and continue to pay off all his family members and buddies. The phrase balanced budget doesn't exist anymore.This quote is hidden because you are ignoring this member. Show Quote