Rants and WTF are you talking about and Coronavirus!

[Pistons]

You're the one who was afraid of the vaccines and now you're talking about nanorobots? Enjoy.

I have understood for a long time that you have issues understanding logic. So here are a few hints:

1. Vaccines are a massive risk for all sorts of reasons, and the database showing side effects is only growing larger by the day. It is also just the top of the iceberg! And already hundreds of thousands of people in Europe alone are on the list of affected. If not millions (I haven't checked in awhile). Plus there is a lag on these numbers. And doctors and others have a tendency to point fingers at other causes.

2. The link between nanorobots and vaccines is not something I personally believe in. The darpa funded test kits and its potential link to such nanobots might even be more reasonable, though still dubious. But just because I wrote about it does not mean I think we are there yet. If ever.

3. If I were to insert nanorobs into a large population to study and control their brains, I'd contact Nestle or Coca Cola about it instead of some dubious (LOL) vaccine company! Though I have realised long time ago that even the richest or presumably smartest people on this planet are not as alpha as myself when it comes to smart strategical thinking! So who knows?

[Pessimist]

Good morning guys, right now I have to pay $1.22 us to buy one euro, anybody want to comment on this, why this is happening, not the best deal to go to Europe, even if you could get there.

DXY has weakened from slightly more than 102 on March 20,2020 to slightly less than 90 today. DXY is a weighted dollar index against a basket of all major currencies. Specifically v Euro too, the same pattern: Euro spot weakened from 1. 24 in March'18 to 1. 07 in March'20 and since then rebounded back to 1. 22+. During the sell off into Covid crash, dollar strengthened as a safe haven. That might be laughable for some, but beggar they neighbor applies when it comes to currencies. Conversely, from March 2020, markets priced in an improving outlook (as reflected in stock prices as well), and during rebounds, the weakest that got crushed the most also rebound the most. Which is helping the other currencies vs Dollar. Finally, the US Fed has committed to a very extended extremely easy monetary policy and have stayed steadfast -- even in the face of obviously rising inflation. When the Fed says rates will stay at zero on the short end, no currency trader will fight it.

Personally, the market will snap at some point. Any business owner can tell you it is so tough to hire people these days. Inflation is creeping up quite fast. We will see how long the Fed will stay on this route. If / when Fed breaks their resolve and signal they will let go of the easy policy, dollar will rise sharp v other currencies. Conversely, I am a Euro skeptic, never see any sustained growth in Euro, and sooner or later their economy WILL suck, and that will pull down Euro with it.

[Pessimist]

What I find very confusing about the theory that the CCP deliberately leaked a lab engineered virus is why would they leak it in their own country?

Motives of CCP are not necessarily in alignment with the humanistic values we assume in the West. Here is one possibility: If they had felt they could control it and keep it limited to one province and deaths to a manageable #, and then unleash it on the rest of the world which crippled all their rivals while their own GDP was stable to growing, it was a calculated risk with large upside. The thousands of lives lost in Wuhan were acceptable collateral.

Now, even to their own citizens, CCP look like heroes. "hey, the party had defeated the virus much better; look at how the rest of the world struggled". CCP's regime and legitimacy constantly depend on stoking the "us v them" netionalistic fervor. I have no doubt that if a real poll were done, CCP's popularity in China is higher today than it was in December 2019.

I am not saying this is what happened. But there is also no proof that it did not happen. The investigation has been shoddy and non-existent at best, the west caved in, China feigned haughty indignity when pressed and some extreme elements in their regime almost threatened nuclear missile launches at the Aussies.

If this virus was leaked, and especially deliberately leaked (but even if done accidentally), something that resulted in potentially more deaths than from Nazi pogroms, should that be investigated? Even if it is a 1% chance, it should be investigated IMO. But the CCP apologists like to call it baseless conspiracy, belittle and shame those demanding investigations and squelch all discussion.

CCP killed millions in their own purges in the past. Whether it was called the Great Leap Forward or something else. People forget because those things happened a while ago that they have become lovey dovey loosey goosey but their goal is to keep absolute control over the nation and potentially expand internationally and the lives of some citizens have been and will be sacrificed in that grand quest.

[Mursenary]

With a so exceptional mother, you can only love women. Enjoy with your friends here and in brothels, when you didn't understand from your experience in brothels.

Won't exactly don't I understand?

[Turgid]

https://www.wsj.com/articles/intelli...d=hp_lead_pos3

I realize this site is full of CCP sympathizers and their apologists. But slowly the dialog is shifting to figuring out the true origin of this virus. The vicious backlash from CCP towards Australia with some CCP officials even mentioning nuclear weapons usage shows their defensiveness, and how edgy they continue to be. As of now, even the most strident CCP critics are staying with the accidental leak theory. At some point, if / when the lab origin of the virus is confirmed, the next question to be asked will be if the leak was accidental indeed or had the full blessing of Chinese admin / Xi.

A year ago, WSJ wouldn't have touched a story like this w / a ten foot pole. Now, it is their headline.

What I find very confusing about the theory that the CCP deliberately leaked a lab engineered virus is why would they leak it in their own country?

[Sailor501]

Good morning guys, right now I have to pay $1.22 us to buy one euro, anybody want to comment on this, why this is happening, not the best deal to go to Europe, even if you could get there.

[Pessimist]

https://www.wsj.com/articles/intelli...d=hp_lead_pos3

I realize this site is full of CCP sympathizers and their apologists. But slowly the dialog is shifting to figuring out the true origin of this virus. The vicious backlash from CCP towards Australia with some CCP officials even mentioning nuclear weapons usage shows their defensiveness, and how edgy they continue to be. As of now, even the most strident CCP critics are staying with the accidental leak theory. At some point, if / when the lab origin of the virus is confirmed, the next question to be asked will be if the leak was accidental indeed or had the full blessing of Chinese admin / Xi.

A year ago, WSJ wouldn't have touched a story like this w / a ten foot pole. Now, it is their headline.

[Sirioja]

So I remember somebody here who was very sure that this is not possible when I posted about this weeks ago. Will that person now admit that they were wrong?

I didn't think Austria would allow risky brothels opening so fast, but how? FFP2? QR code? I will wait before going, I don't want to go to a hospital and I want free foods, even I really enjoyed my GT Vienna discovery on last Summer when not so crowded, without mask nor QR code. Maybe ZH and Germany will follow soon. Let's see, when Germany put now UK under 15 days quarantine. I don't believe so much what claim brothels.

[Pessimist]

RE: Nigerians and Indians. I emphasize the Chinese story here, because they are the worlds best savers. And if the younger generation can undergo such a drastic change in spending habits, then it could happen anywhere. Immigrant savings habits are forged in great part due to the economic conditions back home, and much of that is dependent on what decade they were born in, and what year they left their home country. If each successive generation of Nigerians and Indians get more "spoiled" like the Chinese have, their savings reflex will also diminish. You said yourself, you are frugal, but nowhere near as frugal as your mother.

For a long time, the Chinese saved because there was not much consumption to be had, no other ways to save money. By law, no one owns land, it is only a lease right for a few decades. Even this reform was introduced not that long ago, perhaps 20 or 30 years ago. Real interest rates are suppressed, capital flows in and out of the country are controlled by the government. Real estate was the primary investment vehicle but in the absence of a truly developed mortgage market, buyers need to save for down payments which are rather large. US is one of the few markets with long term mortgages widely available w / no pre-payment penalties; can never underestimate the impact this lack of prepayment penalty clause had in the development of this market here. There is a wide institutional ownership of such mortgages here, but such capital markets are not developed anywhere else. In fact, even in Europe, even now, even corporates depend on their banks for a large percent of their funding needs. Anyway, coming back to China, in the last decade, shadow banking is developing fast, there are other venues for investments, A share market is massive, and of course consumption has taken off. You can't ignore government role in all of this. Up to a decade ago, China's economy was inverted from that of US; here consumption is 70% of GDP while in China it was in the 40's. It was primarily an export driven economy funded by the people and their savings which were receiving artificially low interest rates. Now, they are engineering a massive turnaround into a consumption focused economy, as exports are slowing, there is widespread backlash from other nations due to trade deficits, and many other reasons. I would not attribute the savings rate differential to some mythical cultural traits ingrained in one race v other; under different circumstances, different economic conditions and policies by their governments, the same set of people would save and consume at different rates.

[Sirioja]

Did you ever thing to race cars on a track, not on public roads? You know, so that you don't put other people in danger? You probably would be laughed off the track though, so it's easier to brag in a forum.

If you know what it is, or look on internet, I rebuilt a crashed RS500 Cosworth when I was 26, using race pieces, putting more than 50% more on engine power, with race yellow injectors, race bigger Garett turbo and so impressive noise for race turbo wastegate for 1,8 bar, making fire under and behind car, and drove daily to go to work for nearly 15 years. When I meet people 15 years later, none forgot but asking about the legend, the image, the noise and starts with engine at 5000 tours / mn and putting left feet off clutch, good game with fire behind, was called rodeo girl, when new cars are so easy and my figures are 0 crash in Germany or Switzerland for snails, when I often see crashes there and was so many times in Switzerland with RS500 , I remember when climbing, maximum accelerating to ski resorts, like rallye runs. No radars in mountains. If You ever tried, You would know circuits kill tires, brakes and suspensions, when Audi don t understand how I kill so fast brakes disks, not only plaques, but just normal when You brake on high speed, then brakes reach high temperature and are killed much faster. I feel more safe pushing in Germany than snailing risking to feel asleep in Switzerland where I didn't return since 6 months. I regret for Verbier, but just easy about brothels.

[Mursenary]

The CRA demographic is an extreme example, but it seems the average Chinese millennial is also losing the savings reflex compared to past generations. The money that their parents saved is allowing Chinese millennials to have some financial cushion, which would provide them with more disposable income than their salary would suggest. It also seems common for Chinese parents (even on a taxi driver salary) to buy their children a home. This is due to their parents' legendary saving habits. And in part due to the one-child policy, that allowed financial resources to flow to a single offspring. P2 P lending also seems to be fueling new spending habits for the younger generation.

RE: Nigerians and Indians. I emphasize the Chinese story here, because they are the worlds best savers. And if the younger generation can undergo such a drastic change in spending habits, then it could happen anywhere. Immigrant savings habits are forged in great part due to the economic conditions back home, and much of that is dependent on what decade they were born in, and what year they left their home country. If each successive generation of Nigerians and Indians get more "spoiled" like the Chinese have, their savings reflex will also diminish. You said yourself, you are frugal, but nowhere near as frugal as your mother.

To be honest, I've lost track of the main point of contention. Mine was that immigrant savings rates are higher than native born.

[BigBuddy69]

I just don't trust amateurs. And there are plenty of amateurs. I take about 10 pills per day myself ATM.

You're the one who was afraid of the vaccines and now you're talking about nanorobots? Enjoy.

[ExpatLover]

So I remember somebody here who was very sure that this is not possible when I posted about this weeks ago. Will that person now admit that they were wrong?

I knew they will open in the last days I saw many big cars with Rumanian plates and prostitutes inside driving around Vienna. I could already go there today or tomorrow, will I go there for sure not.

[PaulInZurich]

So I remember somebody here who was very sure that this is not possible when I posted about this weeks ago. Will that person now admit that they were wrong?

[Pistons]

I emphasize the Chinese story here, because they are the worlds best savers.

True, but saving is only smart if you are the only one doing it. It's like avoiding bitcoin or dogecoin the moment the herds are investing.