Member Info for BoomerBower

Skier guessing you invested heavily in the dot-com bubble lol

The chinese has to do something with its pile of paper. The US shows no sign of getting on top of its debts either. And if they elect Bernie be even worse.

China ain't going to dump us T bill unless there is something better. Which these isn't. China is building up worthless piles of paper selling us stuff that is true.

Jaguar they stupidly shut their country because the old ppl who ran their country were scared. Corona is still out there and will polish off the frail.

Wids they'll just keep printing more money. Ergo banks remain a good bet since default risk is printed away and replaced by inflationary risk, which the Chinese slave force take for the time being by accepting our paper currency.

Skier I really don't think China are out of the woods.

Don't mention the pope pat think of the tens of thousands of children that "church" sexually abused. They were contemplating buying a desert island to put all the paedo priests on at one point, instead they chose to recycle sex abusers in to communities.

ERV I've now reverted to cash as much as possible. If we lose cash we lose our liberty and are giving government more ability to tax us.

Grayling a number on here work in banking and are intimately involved in retail or commercial banks. Lloyd's is a 500bn asset bank with 30bn CET1. Revolut doesn't have the required capital to compete outside of risky niches Lloyd's don't want to bother with.

Correct Eccles. Not a bean in current accounts.

Thing to remember the virus isn't really the problem, it's the reaction of big government to the virus that's the real problem. Sacrifices to the Corona god might involve pointlessly shutting down the economy as the Chinese did to no end.

Corona will pribanly kill millions world wide probably. Most will be either elderly or have existing complaints. The Chinese Communist party leadership falls in to the first category which explains their panic.

Eccles why are China panicking? The ruling class are old and fragile more susceptible to Corona than the working man. That explains everything that has happened. Don't assume the Chinese are that competent. We don't even know if everyone who gets Corona presents symptoms sounds like it's been spreading like a cold mostly and only the severe cases get flagged.

Tfe soon we will refer to cold, flu and Corona season. It'll become the norm.

Oxo you are far wiser than me and that's true.

Lagarde is a crook but next to Tedros positively the virgin Mary. Why are global bodies so often headed up by criminals? Could a globalist lover explain that?

Tedros appointed Mugabe as a good will ambassador for the WHO too lol. Entertainment

Good news is the WHO spent 200m on business travel last year. So at least they are travelling in comfort lol.

Tedros has praised China's handling of Corona as transparent. :DDD. Great to see our tax dollars used so well lol.

Wids don't worry Tedros Adhanom is all over it. When he was working in Africa he covered up 3 cholera outbreaks. He's a proper gangster so perfect person to head up the WHO naturally. A gangsta on a par with Lagarde.