Responding to a BEAR market vs a Bull market?

Discussion in 'Economics & Trade' started by DennisTate, Jul 21, 2019.

?

Is a B.M.I. a logical response to a BEAR market?

  1. No

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  2. Yes

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  3. It is much more complicated than that

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  1. DennisTate

    DennisTate Well-Known Member Past Donor

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    I could be wrong but if CIA economist Jim Rickards is correct that America and the world are facing a ONE HUNDRED TRILLION DOLLAR meltdown in the Derivatives market, (seven hundred and ten trillion dollars are in the worldwide Derivatives market as of 2014) then it is obvious that the best response to a BEAR market is different than what should be done when facing a Bull market!

    I believe that what needs to be done under these conditions should
    really begin up here in Canada.... due the risks for us being so much less.....
    (this would cost a paltry eighteen billion northern pesos annually up here).....

    I think that this should be initiated in a way that might tend to appeal to conservatives:

    Would a Basic Minimum Income dramatically reduce abortions?

    The serious bucks will be involved if President Trump indeed does decide to
    coopt a part of the Andrew Yang platform?????

    ANDREW YANG FOR PRESIDENT 2020

     
    Last edited: Jul 21, 2019
  2. DennisTate

    DennisTate Well-Known Member Past Donor

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    In my opinion the key to us Canadians getting this right is that this B. M. I. be financed in the same way that a large part of the money supply of Canada was created from 1938 to 1974.




    HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES

    If we finance this in the same way as we did from 1938 to 1974 we will actually be able to pay down our deficit and even our national debt by the amount of money each year that is created in this way because it will only turn over about three times until the government has taken it all back in through taxation....... So this would become a CASH COW FOR ALL LEVELS OF GOVERNMENT!
     
    Last edited: Jul 21, 2019
  3. DennisTate

    DennisTate Well-Known Member Past Donor

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    If nineteen billion dollars Canadian was created each year through
    Canada's OWN BANK OF CANADA..... to finance an UNCONDITIONAL Basic Minimum Income for
    all Canadians this would end up giving all levels of government an extra nineteen billion
    dollars to work with each year because as all thirty seven point six million Canadians spent their
    extra five hundred dollars per month the government would soon tax it all back and voila.......
    all levels of government are in much less of cash strapped situation.

    The Conservative Case for a Guaranteed Basic Income

    Creating a wage floor is an effective way to fight poverty—and it would reduce government spending and intrusion.

    I would like to propose a second part to this plan though and add another ONE HUNDRED BILLION DOLLARS CANADIAN to the plan for 2019 or 2020 .... to be paid to the province of Alberta...... . along with an apology for the accounting error that put so much extra pressure on them to make up for basic accounting errors made in Ottawa........ beginning in 1974.

    The key to making this work is to keep it basically positive... .and concentrate on the quite possible good intentions of then P. M. Pierre E. Trudeau under the set of circumstances that he faced at that time:

    Did P. M. Pierre E. Trudeau save the world environment?

    I plead guilty.... .back in 1974 when I was fifteen years old......
    I really did not worry much about the environment and I have to admit that
    as flawed as the young people of 2019 tend to be..... at least they do CARE about
    protecting the environment.... which is a good beginning!


    Why does Canada's federal government practically steal from Alberta?


     
    Last edited: Jul 21, 2019
  4. DennisTate

    DennisTate Well-Known Member Past Donor

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    Oh.... warning.... so far I am thinking that our Canadian Dollar should be linked up step by stepy by step with the USA petro-dollar in order to protect the USA dollar and the USA markets that we Canadians depend on so greatly.

    It also looks to me that Canada may need to withdraw from the U. N. before we put forward a plan that
    would likely lead to parity between the USA and Canadian dollars due to the extreme level of corruption in the U. N.


    I've been thinking that the possible risks associated with all this are lessened if the process of linking the Canadian and USA dollars is done in the province of Alberta.... and in the State of Utah..........rather than in Ottawa and Washington. I think that it is safer to disguise the first parts of all this movement as "ART."
     
  5. DennisTate

    DennisTate Well-Known Member Past Donor

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    I believe that one significant part of responding to the vulnerable world Derivatives market would be
    to get political leaders to forget about the silly Carbon Tax or Cap and Trade System and
    embrace a truly win - win - win - win - win strategy for stabilization of the climate.

    The movement to do this could well begin in Canada due to our having the Bay of Fundy which
    presents us with the question of what happens in the area of the world with the most extreme tides.......
    if even a modest average rise in ocean levels does occur?










    Tony Lovell on Soil Carbon: Putting Carbon Back Where It Belongs – In the Earth (TEDx video)


     
  6. DennisTate

    DennisTate Well-Known Member Past Donor

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    https://www.concordia.ca/artsci/polisci/faculty.html?fpid=harold-chorney

    https://haroldchorneyeconomist.com

    http://www.mailstar.net/money.html
    John Hotson:
    There is good news...
    it is indeed theoretically possible to finance turning deserts green
    at a rate that could offset the amount of ocean level rise in the event of rapid cracking and sliding of ice off the West Antarctic Ice Sheet or the land based Greenland Ice Pack.



    M. P. Bill Casey... President Trump has a 4.3 trillion dollar problem....

    This is a good option just in case:

    Collapse Of Antarctic Ice Sheet Would Likely Put Washington, D.C. Largely Underwater

     
    Last edited: Jul 26, 2019
  7. DennisTate

    DennisTate Well-Known Member Past Donor

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    Although this looks bad... this is the type of situation that can force us to
    move the economy in a much more positive direction than what we have been
    doing for decades.

    My opinion of the proposed Carbon Tax or Cap and Trade System is that they
    were a joke played on an under-informed population by the people who knew how to
    benefit from imposing greater levels of bureaucracy on the majority of us.

    Heat wave over Greenland causing massive ice melt
    "More than 10 billion tonnes of ice was lost to the oceans by surface melt on Wednesday"

    [​IMG]




    Mega-scale desalination of ocean water on the other hand is
    the type of shift in the economy that would be win - win - win - win for
    the majority of us..... (especially for those people living in cities, towns and villages
    vulnerable to the threat of rising ocean levels).

    At the thirty eight minute mark in this video interview by CIA economist Jim Rickards he
    does recommend investing in WATER!



    This can cause a greater level of economic cooperation between the USA, Canada, Israel, Australia and the nations with lots of desert that they would like to turn green if the money was available to get that done.

    Should Sorek 2 be in Australia or California?



     
    Last edited: Aug 5, 2019
  8. DennisTate

    DennisTate Well-Known Member Past Donor

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    "Intro to MMT - Modern Monetary Theory"
    This is brilliant!!!!!

    Here in Canada we pay the same level of taxation if we earn ten thousand Calgary Dollars in one year as we would pay
    if we had earned ten thousand Canadian dollars. This keep alternative currencies legal...... but stops them from growing with the rate of growth that happened during the application of the Worgl, Austria local money experiment in the USA.
     
  9. Quadhole

    Quadhole Well-Known Member

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    All good stuff...
    Climate warming denial falls right in line with right wing neocon. paid for by the rich Oil barons... They try to use the HOAX, "those people are creating news to take your money" all the while, that is exactly what the right is doing by selling you more OIL and natural GAS. Same sale pitch on FOX news a couple times a week. They approach with "the children, manipulating the children, brainwash them, blah blah... All of this paid by massive rich people to goat the poor working class white.

    Remember, the right has been pushing this same agenda going back to when the KOCH brothers started it all in the 1980s... "if we create fear, we can control" We need to cut the taxes on the rich, blame others. Do it all while using the church and children as a shield.There is no secret that the wealth gap is way way way out of control. It is videos like those above that drive it even further apart.
    Todays republicans is 180 degrees from the one that wanted the influx of people to drive down your wages, they did it for 35 years. NOW, they follow trump, but fail to use his name because he is caustic. They just use the fear to scare you,,,
    Sure, the WORLD is coming for you ! Dont be gullible and believe it, the republicans led it, now they have you cheap, working at 15$ an hour and cant REAP ALL the benefits from china, thus, they want to now isolate you.
     
  10. Quadhole

    Quadhole Well-Known Member

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    The RICH - anyone making over 5M a year should have to pay 50% tax.
    " " " " 50M 60% tax
    100M 70% tax
    250M and over 80% tax

    NO one man or family should be allowed to own more than 3B worth of assets. That is unless every American makes over 50K a year in todays currency. Currencies are going to collapse and Rickards is correct. He free lances and is mute on euro and Draghi because he was part of their corrupt 1999 move. Listen the Schiff a little, and especially true always is Max keiser. The rich hate him and rightfully so, he tells the truth.

    It is easy to get a room full of white people you have never seen or heard before, like above video and have them pitch the right wing neocon. angle... Scare people back away, only listen to conservatives on FOX news. That is for dopes !
     
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  11. DennisTate

    DennisTate Well-Known Member Past Donor

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  12. DennisTate

    DennisTate Well-Known Member Past Donor

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    Maybe Warren Buffett Is Warning Us About Something
    He’s been awfully quiet about stocks, but his mountain of cash sends a distressing signal.
     
  13. DennisTate

    DennisTate Well-Known Member Past Donor

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    Trump mocks teenage climate activist Greta Thunberg


    Personally..... I believe that only an astonishingly under informed person no matter how old could assert that if Canada would only burden our taxpayers and our business owners with another ten to thirty billion dollars in Carbon Taxes.... this would somehow protect the real estate along the Bay of Fundy from the threat of rising ocean levels????!!!!!

    http://www.politicalforum.com/index...ten-cms-3-or-4-inches-could-high-tide.543690/

    If average ocean levels rose by eight to ten cms (3 or 4 inches) could high tide...

    ... rise by one meter in the Isthmus of Chignecto in Nova Scotia, Canada?

    This question is logical because the geography of Canada's Bay of Fundy produces the world's highest tides. In my part of Nova Scotia in Guysborough County there is very little funnelling of tidal waters......... so high tide is only about one to one point five meters above low tide.

    In the eastern area of the Bay of Fundy high tide levels are up by ten to fifteen meters.
     
    Last edited: Sep 24, 2019
  14. DennisTate

    DennisTate Well-Known Member Past Donor

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    I had to think about this for a while because I am on a very different page than you........

    I believe that Canada and the USA and Israel can go into The Era of Moshiach...... IF......
    WE WILL INITIATE A FLAT TAX THAT DUCKS UNDER TEN PERCENT???????

    SO a Flat Income Tax of 9.9 percent... would qualify..... because....
    the Prophet Samuel made the following statement:

    1Samuel 8:15 "And he will take the tenth of your seed, and of your vineyards, and give to his officers, and to his servants."

    IF CANADA, THE USA AND ISRAEL AND OUR ALLIES WERE TO BEGIN TO DEAL WITH A TAX ON INCOME THAT DUCKED UNDER TEN PERCENT..... WE WOULD ENTER WHAT JEWISH PHILOSOPHERS REFER TO AS THE ERA OF MOSHIACH BEN EPHRAYIM / The Messiah son of Joseph / Yosef!
     
    Last edited: Oct 7, 2019

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