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Willem Buiter is more than useless! He is an idiot!
Our entire monetary system is built on debt!
The dollar in your pocket is a debt! It is an IOU! More likely an “I Owe You Nothing”!
Selectively defaulting on just some debt, which only he gets to decide, is like pulling out a brick at the bottom of a wall, and then wondering why the whole wall fell!
Nobody is willingly going to volunteer to be the first to lose their IOU! If you decided to do so, then you are also deciding the fate of all those to whom you owe debt to too!
Our Ponzi scheme Central Bankers can’t ever let that happen! It is what they fear the most!
Isn’t it nice to now learn that the Wuhan Lab was designed and built with Chinese help by France!
Yes, the French designed the lab!
It was supposed to be a partnership but the Chinese kicked the French out right after it was built!
French intelligence warned French leaders this would happen but they ignored the warning!
French intelligence also warned about how sloppy China was about safety protocols too!
All of their warnings came true.
But of course the French leaders were socialists just like the ones who enabled Hitler to effortlessly over run France in 1940!
I see Bill Barr is busy doing nothing! He excels at this!
Nobody has been charged with anything since he became AG!
None of those who have been falsely charged have been acquited.
Their version of the law remains solidly in place.
It is looking more and more likely the coronavirus was created in a lab. Just as we initially thought it was.
Here in Toronto I went out grocery shopping today. Still some empty grocery shelves mostly in baking isle.
My best estimate of people wearing masks is 25%.
I would say slightly fewer people are wearing masks than previous weeks.
Coronavirus cases are increasing in Ontario.
I wouldn’t be surprised if the death rate in Ontario is falling since we have probably killed off most of the old folks in our nursing homes.
Zerosum:
We don’t need a witch hunt!
Reminds me of an ancestor, Bridget Bishop, who wasn’t so lucky! She was the first witch to be hung in Salem, on Gallows Hill, on June 10th, 1692.
She was also one of the last witches to be pardoned too but only, how ironic, on Halloween 2001, over 3 centuries later!
UpstateNYer:
One thing NY and Ontario both got wrong is allowing the virus to get injected into nursing homes.
In Ontario 79% of deaths were in it’s nursing homes! Many nursing home workers work in multiple nursing homes to put together many part time jobs into a full time job.
Not sure what percentage of NY’s deaths were in nursing homes but suspect very high.
By my calculation, only about 30% are wearing masks in Ontario. Bet NY is about the same!
Ontario’s virus cases continue to climb while testing declines.
The Premier says everyone can get tested but local health units decline to test just anyone. You need to meet their testing criteria still. No wonder testing has fallen!
People know better than to waste their time and energy trying to get tested.
Just anothers reason Ontario’s lockdown failed.
Zerosum:
Falling into that catigory Toronto doesn’t seem to want to cut their costs!
They are threatening the provincial and federal governments, by saying they will layoff 20,000 workers if their $1.5 billion shortfall isn’t covered by the two higher levels of governments.. Hopefully their demands fall on deaf ears. Naturally they have done nothing but keep spending money they don’t have. If Toronto ratepayers had to make up the deficit, their property taxes would need to double!
ThomasJKenney:
I bet the sky is nice and blue too!
The thing about landing in LA is you drop down through an incredible thick brown air above LA!
Funny though, once on the ground, if you look up the sky is blue!
You don’t see that thick brown air above LA!
Tonight Canada surpasses China’s official coronavirus cases!
Canada passed China’s official death rate over 3,000 deaths ago!
Zerosum:
Here in Toronto we are finally getting some nice spring weather!
Too late for Victoria Weekend though.
Zerosum:
I suspect the scammers sent the money to Nigeria to be cleaned in a laundry mat before being sent back stateside!
Same as the Ukraine laundry mat operation Congress set up!
Zerosum:
I think we will find that the Nigerians scamming Washington State’s unemployment system, live in Washington State!
Based upon my visit for groceries yesterday, I would say less than 50% were wearing masks.
Once inside the store, people were less carefull about social distancing.
Social distancing only applies in line ups to get into the store and at the cashier. In between forget about it!
Following flow direction arrows, forget about it!
That is why Ontario’s lockdown did not work.
Thanks to Doc Robinson for finding graphs of Ontario’s coronavirus cases and deaths.
No bending of the curve during the lockdown! Just as I suspected!
That is why the politicians are in such a hurry to open things up!
The curves will continue upwards, so the politicians want to get in front of the curve so voters don’t punish the politicians for the lockdown!
Now as the curve continues upwards, the politicians can say that is because they opened up the economy and this was to be expected!
Nice to learn that getting tested for the coronavirus automatically results in your personal and medical data being entered into police records.
So now you have a police record!
Now you know why the elites are encouraging you to get tested!
In another day or two Canada will surpass China’s official coronavirus cases.
Canada has already greatly surpassed China’s official death rate.
I noticed Peru has 20% more cases of the coronavirus than Canada but less than half the deaths that Canada has.
Maybe Peru doesn’t have old folks homes like Canada does?
Maybe Peru just doesn’t have as many old folks as Canada does?
So far I haven’t seen a graph of coronavirus cases for the province of Ontario.
I suspect this is because there is no flattening of the curve.
The Ukraine is Congress’s money laundry mat. Biden was just operating the washing machines to clean some taxpayer’s money.
I see Nancy wants to rob the poor to pay the rich, one more time!
Who can blame her for trying again, especially after the last 2 robberies were a piece of cake!
It seems to me Cuomo has successfully kill off more voters in his state than any other governor in the US!
I guess by Democratic standards that makes him presidential material?
For my part, I am wearing a N95 mask and gloves, when I leave the house. I can do that.
There is nothing I can do about what others do. That is not within my control.
So I will continue to do that which is mine to control.
I find it interesting that those who spied on Flynn don’t want the law applied to themselves.
They only want their law.
Maybe they should have thought this through before embarking down the path they took back in 2012 or so.
Their path did not lead them where they wanted to go. Instead it eventually lead to exposure of their deeds.
So far they have been very lucky. None of them have been charged or jailed. None are ever likely to be either.
Only the people they have acused under their law have been charged and jailed.
The perfect justice system, if you are corrupt!
Lasttwo:
Statistical math is pretty much useless against something like this coronavirus. Especially, if you introduce people into the equation! Then you vere into the dismal science of economics!
The only hope is to try and reduce the spread of the virus back down to a level where health authorities can employ their isolation and tracing capabilities.
Based upon my visit to the local Home Depot store yesterday, where only about 50% were wearing masks, many not wearing masks properly, I would say we are a long, long way from reaching that point here in Ontario.
I am appalled that Canada’s and US’s top health officials are still saying masks don’t work!
Everywhere where masks are worn by most of the people, they have the numbers to prove it does work!
Up here in Toronto, I went with my daughter to Home Depot to get some drywall compound and paint.
We both wore N95 masks and gloves.
At best mask wearing about 50:50. Some even wearing masks partly down! One person removed their mask at cashier!
Respecting social distancing inside the store? Not so much! Only in the waiting line into the store!
Oh by the way, the store was busy!
My daughter said it was scary, people behaving as if the virus never existed! This was her first trip outside of the house since she came home from University!
Zerosum:
My brother, working for GM in Detroit, took mechanical engineering at Waterloo!
They seem to have skirted all around lowering any tuition fees! Just as I figured!
When it comes to Uncle Joe, I am just waiting for the Dems to introduce virtual Joe!
At least virtual Joe will be able to repeat what the teleprompter says!
This shouldn’t be too hard for them to do.
After all the Dems have successfully elected dead people before!
However trying to elect a half dead, half alive candidate might prove to be harder!
However I wouldn’t want to underestimate the Dems!
Zerosum:
Your list of educational challenges is interesting.
One thing the educators do not want to see on the table is lower tuition fees!
I wonder how many students, like my daughter, are questioning the value of online learning?
The Russians must be feeling a bit stretched beyond their limits.
They have the fight of their life with the virus, on one hand, then they have to support the Dem’s constant never ending RussiaRussiaRussia theme in American politics, on the other hand.
Russia’s support for the Dem’s RussiaRussiaRussia theme seems to be wavering!
The Virus
The more I read about the virus, the more certain I am that everyone should be wearing masks. Throwing in vitamin D per John Day would probably have greatly helped too.
One place you don’t hear about is the Czech Republic. When the virus struct, they immediately all started wearing masks! I don’t know if they did any other things to help fight the virus but they probably did.
Their slogan was: “My mask protects you! Your mask protects me! A very simple and to the point message!
Too bad the message in Canada and the US, was masks don’t work!
Zerosum:
Is the vehicle traffic on your US/Cdn border cam still pretty quiet?
I think last time you said it was mostly trucks.
Ontario opening up hardware stores, so my daughter wants to buy some drywall compound, paint, and moulding to redo interior of house! Wife not too happy about it though! Energy wins over no-energy!
Lasttwo:
The Maritime provinces, like BC, have done well in the fight against the virus. In this particular case you should be glad that you don’t count!
Sadly, Quebecoise and Ontario, were most of the people in Canada live, have not done so well.
The one good thing about having 10 provinces in charge of fighting the virus, at least some of them got it right!
Can you imagine the disaster we would have had, had Trudeau been the only one in charge?
During the beginnings of the virus, Trudeau was too busy visiting Africa and campaigning for a UN Security Seat! Also Trudeau was more concerned about not offending China than protecting Canadians from the virus.
He repeatedly refuse to shut down air travel from virus infected countries until it was too late. That is a major reason Montreal and Toronto have been hit so hard. Those are the places most travellers went to (plus Vancouver).
P.S. I was almost born in Labrador, but my Mother had to leave and go to Montreal, because there was no hospital at the time! Been in Labrador City many times. I have only been to the Maritimes once but really enjoyed the driving trip. Haiifax WW2 Corvette plus Bluenose. Cape Breton was nice. PEI’s beaches. NB blueberry area and Bay of Fundy. Not sure how you can swim in that cold ocean! My brother in Detroit can speak Newfie!
Canada’s Lockdown Just Like California’s Lockdown!
BC may be doing OK but Ontario and Quebec are not doing OK. Between them, they are Canada. The other 8 provinces simply don’t count.
In Toronto, wearing of masks is at best a 50:50 affair.
New Canadians, generally younger, don’t seem to be wearing masks at all.
Toronto has the same problem as Montreal. Montreal is just hogging the headlines from Hog Town (Toronto)!
Quebec and Ontario politicians are lifting the lockdown because the half assed lockdown isn’t working and the politicians are afraid the voters will soon figure this out and punish the politicians.
The virus visiting nursing homes lays bare Canada’s great medical system.
Testing in Ontario and Quebec is still not available to anyone with symptoms of the virus. Only government workers can get tested.
