augustus

Yes, Canada had a failed auction when no one would buy the government's debt. Drastic action had to be taken. The situation is even worse today.

Go for the mortgage. If something disastrous happens with the property, you can just walk away and let the bank repossess. With a margin loan you'd still be on the hook.

Exactly correct!

There are 2 big curveballs in retirement: 1: sickness 2: inflation eroding the value of your assets.

That won't work. See China.

Those flimsy masks don't do anything to protect against a virus a million times smaller than a speck of dust.

The government lies. They said natural immunity will only last 2 or 3 months. It actually lasts for a year! Naturally Acquired SARS-CoV-2 Immunity Persists for Up to 11 Months Following Infection | The Journal of Infectious Diseases | Oxford Academic (oup.com) The CDC wants people vaxxed continuously, every 2-3 months. Total BS. It's a money making operation.

Every continuous dose is providing less and less protection, which is why hospitalizations are soaring among the vaxxed. If you are elderly or have at least 2 comorbidities, then get vaxxed. For most everyone else natural immunity is best. It produces permanent antibodies, the vaccine does NOT.

Not the 4th shot it ain't !

75 percent of the people I see aren't wearing masks. People are voting with their faces.

We have succumbed to fear and therefore are more prone to fear.

Actually, I'm correct! (as usual). European regulators say giving COVID-19 booster shots too frequently will weaken the immune system. EMA regular press briefing on COVID-19 | European Medicines Agency (europa.eu) In addition, researchers in Israel say a fourth COVID-19 shot doesn’t appear to do any good in preventing infection from the Omicron variant. Fourth dose of COVID-19 vaccines in Israel - The Lancet Respiratory Medicine So there. I have natural immunity which is best. It is well known that continuous vaxxing will weaken and eventually destroy the immune system.

Not even close to being analogous.

The more vaccines you take, the weaker your immune system becomes and eventually collapses.

I take his advice! Oh, and the more contagious the variant, the weaker it will be.

Imagine having to test yourself for the virus you're quadruple vaccinated against LOL. I had COVID in the beginning of the pandemic. No Biggie and I've never been vaccinated either. Natural immunity is best.

It will all be over soon. Only 99.38% of us will survive.

Covid or the "Fear of Covid" is the gift that keeps on giving-----despite the evidence that conventional masks are useless in transmission prevention, natural immunity is quite effective, death rates (several hundred per week) and hospitalizations related to Covid are declining and are largely confined to the elderly and those with 4 or more comorbidities. I've lived through the hula hoop, long hair, the pet rock, disco, red suspenders, the member's only jacket, platform shoes and face tattoos. All of the forgoing bizarre, perhaps, but still more understandable than virus face mask craze that's still going strong.

Add in over 300 deaths A DAY from drug overdoses.

We are doomed to a recession, and probably a serious one. You don't increase M2 money supply by 40% in just 2 years XXX and then not expect severe inflation from that 40% increase in M2 and then not expect that a strong monetary response is needed to bring inflation under control. PS Modern Monetary Theory looked so promising. Who would’ve thought? Moderator's note: politics redacted.

Exactly! The Government and the Fed sets off the expansion by expanding credit ex nihilo. This sets into play a systematic chain of malinvestments economy wide. Because credit is issued out of nothing, money ends up in the stream of commerce and the real supply of goods and services is consumed at an artificially high rate. Worse, this creates distortions in the capital structure. Money flows into processes/projects that would never be funded without the false signals sent by the credit created out of thin air. This process ends when the Fed stops expanding credit (because inflation takes off) and that's when the recession occurs as those financially fragile processes/projects are starved of credit. ECON 101. This is a law of the universe, a roller coaster we have seen multiple times, totally predictable and XXX. Moderator's note: politics redacted.

I don't have anything against drag queens, except for the ones that are odious and obnoxious.

Exactly. You can't get it. The article mentioned people using an internet based bank and they can't get a Medallion stamp. You have to have an account at a bricks and mortar bank. Even then, some people are having trouble getting the stamp. I forget right now why. Some banks won't do it. Many people opening an account at TreasuryDirect are having problems because their identification cannot be verified by the Treasury's own databases, hence the need for the Form 5444.

Also read that the Treasury Direct customer service line is overwhelmed with calls. They have 40 staffers and are getting more than 20,000 calls a week! And many people have to file a Form 5444 with a Medallion signature if Treasury cannot confirm your identity online using their own databases. It is getting more and more difficult to get a Medallion signature guarantee though.

Just read on the news that the US Treasury has sold $14.4 billion in I bonds this year through mid-June 2022. That amount is 40 times as much as was sold in all of 2020. 1.5 million accounts have been opened in the last six months. Word has certainly gotten out.