2020 Collapse

sgbuyer said:
No famine in Singapore, small population, very easy to secure the supplies, except, it may cost more in the future. The people here also don't eat much. One serving in US can feed 2 persons here, 1 serving in China can feed 1.5 persons.

Europe won't have an issue. The food in europe is very cheap.
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Europe has loads of food resources, it's just a "management" issue to feed the people.
It also has great climate for most foods.

I wasn't thinking about the price of food, but the production capacity.

Latin America must be in a similar situation.

When I've been to Singapore I noticed that food was very expensive vs Europe. And that fresh vegetable, fruits were scarce.

Feeding Singapore is mainly a logistical/transportation-related issue, as I see it. Secondly, costs.

In the US people live in abundance, yet many are poor. It's a paradox.
They overfeed themselves with calories, they overeat - when compared with Europe.

It's odd how in the US famine is growing and more and more people are becoming homeless.
 
mmm....shiney! said:
You must be privy to data that agencies that actually track these statistics can't get a hold of. Alternatively, you've made it up. o_O

https://endhomelessness.org/homeles...ssness-statistics/state-of-homelessness-2020/

http://citymayors.com/society/usa-cities-homelessness.html

https://ourworldindata.org/homelessness
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Why would anyone make such a thing up?
Needles, everyone knows that poverty is very wide-spread in the US.

The collapse has been happening for decades.

There are far more poor, homeless than in Europe.

Countless serious reports, videos on YouTube prove us the fact that many many people in the US are living on the streets.

Los Angeles, Detroit, Seattle... are just some examples.

I know someone who's been to LA not long ago and the guy was shocked to see hundreds of tents in the downtown.
 
What about our resident recession denier @Court Jester ? Lucky you chickened out of my bet of $10k lol. Down 7.0% two 1/4's in a row bitch.
No crisis here he says lol. Aus was going to bounce back in march-june 1/4 he says, lol
Your a joke CJ lucky that you being a pussy saved you $10000 cold hard cash.
Your full of bad calls buddy.
 
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TreasureHunter said:
Why would anyone make such a thing up?
Needles, everyone knows that poverty is very wide-spread in the US.

The collapse has been happening for decades.
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The agencies that research the statistics around homelessness in the US all say that it has been on a steady decline for the past decade. The data around the impact of Covid hasn't been calculated as of yet.

I'd advise you to seek more reliable sources before forming an opinion.
 
Where's the best place to stash eight gold bars worth £750k on your way through Manchester Airport? Your LUNCH BOX... obviously
 
alor said:
It means that Australia has fallen into recession for the first time in nearly 30 years, according to a report by the Australian Broadcasting Corporation.
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Not exactly accurate statement. Australia(not alone) has been thrown into recession by politicians using Virus as the tools. It took only 5 months to do so -complete distraction of the lucky country-we will feel the pain for many years to come-sadly. If you set up your house on fire,don't try to put the blame on someone else....
 
sgbuyer said:
No famine in Singapore, small population, very easy to secure the supplies, except, it may cost more in the future. The people here also don't eat much. One serving in US can feed 2 persons here, 1 serving in China can feed 1.5 persons.
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Yup. I've been to Singapore.
No fat bastards there. ;)
 
Weird things happening these days here in the USA with monetary policy and pandemic responses distorting economic activity. From what I've read, it looks like we are on the cusp of a tremendous collapse in the real estate mortgage markets. If the economy doesn't open back up for business everywhere, the stresses on folks to make mortgage and rent (which domino into landlord mortgage) payments is going to continue to mount. Congress had passed some stimulus bills to help folks weather a few months of mortgage/rent payments, but the stimulus and eviction protections have largely expired and Congress hasn't been able to pass another round of relief (election year, so yeah, it's not likely to happen this year). I'm not saying the homeless rates are up like someone(s) claimed earlier, but there is a growing problem brewing with the real estate/mortgage markets.
 
pmbug said:
Weird things happening these days here in the USA with monetary policy and pandemic responses distorting economic activity. From what I've read, it looks like we are on the cusp of a tremendous collapse in the real estate mortgage markets. If the economy doesn't open back up for business everywhere, the stresses on folks to make mortgage and rent (which domino into landlord mortgage) payments is going to continue to mount. Congress had passed some stimulus bills to help folks weather a few months of mortgage/rent payments, but the stimulus and eviction protections have largely expired and Congress hasn't been able to pass another round of relief (election year, so yeah, it's not likely to happen this year). I'm not saying the homeless rates are up like someone(s) claimed earlier, but there is a growing problem brewing with the real estate/mortgage markets.
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I just read a news about US home prices are on fire due to low interest rates. Had been studying US REITS, and apartment REITS are the hottest. Prices almost back to Feb levels. From my own local experience, the price of homes has more to do with supply/demand rather than the economy. If there's a supply shortage, people with cash will buy, pushing prices up, even the economy is not too good.

https://www.barrons.com/articles/th...two-stocks-that-could-benefit-now-51598658532
 
Jason1 said:
What about our resident recession denier @Court Jester ? Lucky you chickened out of my bet of $10k lol. Down 7.0% two 1/4's in a row bitch.
No crisis here he says lol. Aus was going to bounce back in march-june 1/4 he says, lol
Your a joke CJ lucky that you being a pussy saved you $10000 cold hard cash.
Your full of bad calls buddy.
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actually you were the one who would not stump up the cash in escrow

and do you notice that we are only NOW officially in recession
 
Court Jester said:
actually you were the one who would not stump up the cash in escrow

and do you notice that we are only NOW officially in recession
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Ahaha, the escrow thing was just your way out nothing more, you saw the cash you knew i had it, the gamble was always mine that you had the cash, not me having it, lol

oh and we have been in recession for months dickhead, lol you just have the results finally to prove i was right and we were and are still it in it,
the treasurer who had seen the figure months ago before being publically released said that they were then, lol but you ignored that when i showed a video of him saying that , hence why i knew it was a sure thing when i said we can wait till the 1/4 results came out to prove we are in recession lol, a recession you denied the results would show, lol

Wanna bet on the release of the up and coming 1/4 results? $10k? Says 3 1/4's in a row
i can show you the cash again
 
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