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hover11 wrote:The only way venes will be positive is if they can go in a bank and get a loan. Loans create new money. They can also pay taxes like everyone else. As it is they are a strain on the economy.
hover11 wrote:The only way venes will be positive is if they can go in a bank and get a loan. Loans create new money. They can also pay taxes like everyone else. As it is they are a strain on the economy.
Once they settle, they can a pay work permit fee.Redman wrote:hover11 wrote:The only way venes will be positive is if they can go in a bank and get a loan. Loans create new money. They can also pay taxes like everyone else. As it is they are a strain on the economy.
Paying taxes would necessitate them having a vote.
Any ones guess as to how that will work out.
Well the government needs to make up their minds on immigration.Redman wrote:And 20,000 is enough to shift balance on 2 to 3 seats....
That's the ultimate swing block...
I'm ambivalent...but it's worth some thought
hover11 wrote:But on a serious note, he is right. Why would the IMF say our economy will experience that amount of growth? What are we exporting? Who is investing? As a matter of fact just yesterday there was an article where investor confidence is down.
Poor excuse for the red government mis management to blame it on Covidadnj wrote:The coronavirus effect on global economic sentiment
March 30, 2021 | Survey
In a new global survey, executives see positive momentum building in the economy. But the pandemic still persists as an outsize risk to growth.
One year after the World Health Organization declared COVID-19 a global pandemic, the results of our newest McKinsey Global Survey signal greater optimism about the economy and corporate prospects than respondents have expressed since the crisis began—and on a few fronts, than they have in several years. Still, weak demand continues to threaten corporate growth, and the pandemic remains the biggest risk to growth in respondents’ countries.
https://www.mckinsey.com/business-funct ... sentiment#
88sins wrote:He saying "the country is almost broke"
I got no idea why he put the "almost" in there.
We are a tiny island with a low rate of production and a high rate of consumption, and have a very strong affinity for goods we don't produce here that we need to import, and we have absolutely no desire or intention to alter that dynamic. Is only so long that can keep going on before the inevitable collapse comes.
elec2020 wrote:î give it ending 2022... early 2023
elec2020 wrote:the imf originally predicted a V shaped recovery for national economies. that was based on the premise of the vaccines ending restrictions. but as we see thus far... even in some countries with high vaccination numbers... restrictions are still in place. idk if IMF ever made public the assumptions and metrics behind their forecasting approach. but i think its more than just looking at our oil and gas numbers. i doubt their models will be so individualistic given that there are over 190 countries in the world. so imf would predict GDP for each country in the world given what governments say they expect the output of their key economic sector to be. so for instance, they will predict: Barbados' GDP based on governments expectations on tourist arrivals; Signapore's GDP based on governments expectations on manufacturing: Chile's GDP based on governments expectations on mining? that seems like something that would require too much effort as u essentially need over 190 unique econometric models
elec2020 wrote:î give it ending 2022... early 2023
SuperiorMan wrote:elec2020 wrote:î give it ending 2022... early 2023
How come so early? and what kind? do you think venezuela level collapse?
Dohplaydat wrote:elec2020 wrote:î give it ending 2022... early 2023
What are you guys defining an economic collapse as?
Anyway, if it's inevitable, expect an election to be called before the effects are really felt, possibly 2023.
Before a 3rd party gets a good footing.
Dohplaydat wrote:elec2020 wrote:the imf originally predicted a V shaped recovery for national economies. that was based on the premise of the vaccines ending restrictions. but as we see thus far... even in some countries with high vaccination numbers... restrictions are still in place. idk if IMF ever made public the assumptions and metrics behind their forecasting approach. but i think its more than just looking at our oil and gas numbers. i doubt their models will be so individualistic given that there are over 190 countries in the world. so imf would predict GDP for each country in the world given what governments say they expect the output of their key economic sector to be. so for instance, they will predict: Barbados' GDP based on governments expectations on tourist arrivals; Signapore's GDP based on governments expectations on manufacturing: Chile's GDP based on governments expectations on mining? that seems like something that would require too much effort as u essentially need over 190 unique econometric models
Wait a few months before making conclusions on recovery, first world nations will come out of this booming. The vaccines are making a huge difference, look at the UK.
SuperiorMan wrote:elec2020 wrote:î give it ending 2022... early 2023
How come so early? and what kind? do you think venezuela level collapse?
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