Thoughts on tonight's G20 meeting?

[S2007S]

Yep middle class living paycheck to paycheck.

That will never change. I thought it would have by now especially after the last two wallstreet collapses going back 20 years, but nope. Who knows what the next collapse brings and what the readjustment to the economic system will be ,but I hope many are prepared for it today as we know many weren't ready last time.

 

[destriero]

2 weeks ago my 14yo cat had issues. Other than as a kitten, never been to a vet. Took him to the local vet where my dog has been a patient. $700+ was the quote to fix the cat. I asked for a discount... got a new patient discount of near $200. An hour or so later paid 300 cash and the rest via a debit card. We went home in a 2015 Mazda6, purchased in late 2017 for <13K as an off-lease, the title now in my possession. Later went to grocery store and gas station. Used a credit card for both. Cat has since made a full recovery!! Credit card bill is due next week.

Moral... Vet prices are insane!! At least ASK for a discount.

Our last Poodle had a huge thoracic tumor which was crushing the dog's aorta. Had a two mile walk that day and dropped on the driveway the next morning. Rushed him to the ER vet and euthanized after $4K bill.

Miss the dog terribly. We have two new choc Poodles.

 

[RGLD]

I. Watch. Fox News !

 

[volpri]

Trump thinks he needs market to be propped up
in fact half of population doesn't have $500 spare cash
I doubt they vote based on stock market
1% is not enough

I find it hard to believe that 50% of working couples don’t have 500.00 spare cash between them. Apart from some exceptions because of some extreme cases and circumstances I would say they must not know how to manage money. They must be living beyond their means.

 

[volpri]

2 weeks ago my 14yo cat had issues. Other than as a kitten, never been to a vet. Took him to the local vet where my dog has been a patient. $700+ was the quote to fix the cat. I asked for a discount... got a new patient discount of near $200. An hour or so later paid 300 cash and the rest via a debit card. We went home in a 2015 Mazda6, purchased in late 2017 for <13K as an off-lease, the title now in my possession. Later went to grocery store and gas station. Used a credit card for both. Cat has since made a full recovery!! Credit card bill is due next week.

Moral... Vet prices are insane!! At least ASK for a discount.

Buy an older car and get a younger cat....save money.....

 

[AKUMATOTENSHI]

It's even worst then that for Donny the clown, china told him to cave on huawei or ells there will be no talks... He caved, after Pompeo did the world tour in 2018 threatening every country if they did business with huawei, US wouldn't share intel with them... That guy is one messed up dude, US is losing major clout, another 4 years of him and only ally left will be Canada

https://www.forbes.com/sites/davidp...-s-companies-can-sell-to-huawei/#60b14a331e21

The more interesting element was the next comment from the President.

One of the things I will allow, however, is, a lot of people are surprised we send and we sell to Huawei a tremendous amount of product that goes into the various things that they make. And I said that that’s okay, that we will keep selling that product. These are American companies… that make product and that’s very complex, by the way, and highly scientific. And in some cases we’re the ones that do it, we’re the only ones that do it. What we’ve done in Silicon Valley is incredible, actually and nobody has been able to compete with it, and I’ve agreed and pretty easily, I’ve agreed to allow them to continue to sell that product. So American companies will continue and they were having a problem, the companies were not exactly happy that they couldn’t sell because they had nothing to do with whatever it was potentially happening with respect to Huawei, so I did do that.

Career suicide... Even Rubio is shitting on him, he's gonna go on epic EPIC rant when he did all that, and offshore repo still snaps in months causing global banking crisis x2 of 2008. They are gonna shit on him when he gets back... I think he really believes the media hype about china collapsing and global recession being caused by a few billions in tariff ?

 

[AKUMATOTENSHI]

Reguardless of what the mass media spews about the G20 meeting, the (PPT) "Working Group on Financial Markets) is keeping a close eye on the system. Market volitility is in a catatonic state. As far as Canada goes, they tolerate us Yankee's because the crown has a financial interest in the Continental US.

 

[Overnight]

I find it hard to believe that 50% of working couples don’t have 500.00 spare cash between them...

I believe it.

The average USA household is drowning in debt, living on credit cards. This is not a fluke statistic.

 

[RGLD]

I think the market is pissing the bears off.. Usually there'd be some volatility but it's just been steadily going up. The bears get upset people keep buying on the dip so we get a situation like Q2 and Q4 2018 where sellers need to hit the market -12% to send a message. I honestly doubt the fundamentals mean anything, just big volume loading up then unloading when the time is right.

 

[RGLD]

I believe it.

The average USA household is drowning in debt, living on credit cards. This is not a fluke statistic.

That's hard to say. You're talking about net worth? If that's the case anyone with a mortgage would have a negative net worth? Whatever money they have lying around in their bank account is technically owed. Isn't it extremely difficult to find out whatever amount you have in your bank account is possibly borrowed money? If we're living in debt, I can have a billion dollars in my account - Borrowed.