Prometheus The Supremo
►Member №41+⅜◄
it provides a good cover story for those under house arrest though. "can't go out. damn recession you know". ![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
I actually think this 'recession' is excellent... my mortgage rate is ridiculously low.... gas is cheap.... hell everything is cheap (have you taken a walk through the malls lately? sales everywhere!).. and shorting the markets has been easy money.
Not to mention it's much easier to get hotel rooms... reservations at popular restaurants.... etc etc.
All the while I get my regular yearly pay raise and cost of living increase.... which is ironic considering my cost of living seems to be going down.
I actually can't think of a single negative. Of course this is only from my limited perspective...
overall though... good times!
Like the old (cruel) saying goes.......a recession is when your neighbours lose their jobs....a depression is when you lose your job!
Well said, and I totally agree.Think New York during the late 70s & early 80s and early 90s (if anything ruined club culture in NYC it was renewed prosperity and catering to Wall St./SATC types), Berlin (anytime post war and now), even Montreal developed pretty nice nightlife because it suffered economically for so many decades following the 70s. Even Toronto int he early 90s had a really great rave scene which was soon crushed by the nanny's hand (and meth), but it did exist and was pretty great for awhile. When you're poor, you have only a couple options, stay home and wait for the cable to be shut off, or pool your EI and welfare and go out and have some fun.
It was more a change in diet and exercise that is driving that though. I have a goal of losing a total of 45kg from my peak weight - still just over 18kg more to go
One of the keys to getting out of the recession is convincing the 90% who don't lose their jobs (assuming we started at 5% unemployed and that grows to 10% - which is a very pessimistic outlook) that they do not need to act like the 5% who do lose their jobs.
If everyone acts like they have been made redundant....it will become a bit of a self-fulfilling prophecy!