Message from @ManAnimal

Discord ID: 687706991212494896


2020-03-12 16:58:42 UTC  

they can't even keep the lights on

2020-03-12 16:58:42 UTC  

"Many families will lose loved ones before their time" - Big BJ

2020-03-12 16:58:56 UTC  

<:why:462286147473637407>

2020-03-12 16:59:11 UTC  

@Edog shut up dad, you can't tell me what to do

2020-03-12 16:59:13 UTC  

fuck

2020-03-12 16:59:16 UTC  

april 1

2020-03-12 16:59:24 UTC  

-3000 more points

2020-03-12 16:59:27 UTC  

why stock markets shouldn't be the barometer of our economies, thanks for coming to my TeD Talk

2020-03-12 16:59:34 UTC  

I'm gonna catch the flu just to spite you @Edog

2020-03-12 16:59:39 UTC  

Ight

2020-03-12 16:59:47 UTC  

@donborvio don't i know it

2020-03-12 17:00:06 UTC  

stock markets = vehicles of RISK

2020-03-12 17:00:14 UTC  

not vehicles of stored value

2020-03-12 17:00:21 UTC  

Why should economies not be allowed to slow down to respond to disaster? It's stupid

2020-03-12 17:00:47 UTC  

recession inevitable then? or are we already in one?

2020-03-12 17:00:50 UTC  

If Boris Johnson really wants to echo Winston Churchill he needs to do it during this crisis

2020-03-12 17:01:08 UTC  

corrections are inevitable if the system is allowed to function normally

2020-03-12 17:01:56 UTC  

If we used Austrian models vs Keynesian - this would be easier to weather, even probably psychologically. People would have actual savings.

2020-03-12 17:02:03 UTC  

but recessions are a matter of taking more OUT of the system rather than leaving a buffer, sacrificing some upward movement to cushion the inevitable correction

2020-03-12 17:02:10 UTC  

Hayek gang?

2020-03-12 17:02:23 UTC  

but that would make too much sense

2020-03-12 17:02:45 UTC  

@donborvio, there is 'theory' then there is PRACTICE

2020-03-12 17:03:17 UTC  

be it austrian or keynesian; these are JUST models

2020-03-12 17:03:22 UTC  

and... all models are WRONG

2020-03-12 17:03:29 UTC  

some are just USEFUL

2020-03-12 17:03:59 UTC  

COVID-19 has reached my area

2020-03-12 17:04:16 UTC  

welcome to the party

2020-03-12 17:04:23 UTC  

Right, but real world savings would be a better situation for most. We wouldn't grow as fast, but do we need to?

2020-03-12 17:04:47 UTC  

No boom/bust cycles, and with digital currency not like we'll have a bank panic

2020-03-12 17:04:50 UTC  

No school closures is a bad idea

2020-03-12 17:04:55 UTC  

well, real world savings is only possible when you let the interest rate ris

2020-03-12 17:05:00 UTC  

how hard is just to not fucking eat bats lol

2020-03-12 17:05:11 UTC  

ye boris bomb dresden again

2020-03-12 17:05:13 UTC  

it's also the only way to enable staggered risks

2020-03-12 17:05:25 UTC  

as well as distributed liquidity

2020-03-12 17:05:35 UTC  

Nah the USSR ended up being the Russian empire colored red. However you’re correct, multiculturalism is like separation of church and state, but for the separation of *people* and state @svarozhyc

2020-03-12 17:05:41 UTC  

I'm literally just staying at home, playing video games and eating ice cream all day

2020-03-12 17:05:45 UTC  

Living the dream

2020-03-12 17:05:50 UTC  

And yes the USA has become that and so has the EU