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how are people who live paycheck to paycheck pay their bills if we go on lockdown
03-15-2020, 08:18 PM
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#31
- Dirtylocks
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Originally Posted By Underwrought⏩
lol'deverybody
03-15-2020, 08:20 PM
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#32
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Originally Posted By Underwrought⏩
Come take my handeverybody
03-15-2020, 08:22 PM
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#33
- doughnutking
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If you are smart you will gang up with a band of survivors led by a charismatic leader called Rick.
Either that or get tooled up and head to DrewDardens house and steal his stash.
Either that or get tooled up and head to DrewDardens house and steal his stash.
03-15-2020, 10:05 PM
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#34
Originally Posted By doughnutking⏩
I'd rather have Negan on my sideIf you are smart you will gang up with a band of survivors led by a charismatic leader called Rick.
Either that or get tooled up and head to DrewDardens house and steal his stash.
Either that or get tooled up and head to DrewDardens house and steal his stash.
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03-15-2020, 10:07 PM
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#35
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Six figure emergency fund crew.
I did not have sexual relations with that woman, Miss Lewinsky. I never told anybody to lie, not a single time; never. These allegations are false. And I need to go back to work for the American people. Thank you.
03-15-2020, 10:08 PM
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#36
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Any of the decent looking women can find simps to fund them. The men will probably have to result to crimemaxxing
03-15-2020, 10:10 PM
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#37
03-15-2020, 10:10 PM
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#38
- VegasLifter26
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the global meltdown has just started. The dollar is going to collapse and everyone is going to be on the streets. There wont be any food left and we are all gonna die
(these are my opinions i am not a licensed broker by trade)
03-15-2020, 10:11 PM
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#39
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Originally Posted By CanuckGame⏩
But if the crash is like the great depression wouldn't your cash be worthless? And if you keep it in the bank the bank could close it's doors too. Seems like the safest thing to have would be gold and silver.Just sold my house last month. Havent bought a new house yet. I'm just fukkn waiting on the sidelines rubbing my hands together for some cheap real estate in the very near future.
Real estate in BC has needed a correction. Cant believe my timing. Sold at the high of highs and the market will come tumbling down.
Real estate in BC has needed a correction. Cant believe my timing. Sold at the high of highs and the market will come tumbling down.
"For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life." (John 3:16)
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03-15-2020, 10:13 PM
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#40
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Originally Posted By Vhagar⏩
Fuk you. I live this life. If I miss one day of work without pay I’m fuked. My whole budget is fuked and I’m homelessHopefully they can’t
The great cleansing of our time has begun
The great cleansing of our time has begun
Why say the sky is the limit, when there are already footprints on the moon?
03-15-2020, 10:15 PM
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#41
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I've used all my savings to pay off debt, tours over
Maybe I should stack the next couple of paychecks just Incase? I get paid next week and if im let go that's a bit more. Me and my bro split the bills do they aren't much
Those who paid off their house are in great standing, this is why I side with paying it off early
Maybe I should stack the next couple of paychecks just Incase? I get paid next week and if im let go that's a bit more. Me and my bro split the bills do they aren't much
Those who paid off their house are in great standing, this is why I side with paying it off early
03-15-2020, 10:19 PM
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#42
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Originally Posted By 1hardgainer⏩
iirc a lot of rich people lost their funds during the Great Depression.But if the crash is like the great depression wouldn't your cash be worthless? And if you keep it in the bank the bank could close it's doors too. Seems like the safest thing to have would be gold and silver.
03-15-2020, 10:21 PM
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#43
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thats what happens when you are a financial potato
03-15-2020, 10:23 PM
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#44
- SomeGuyHear
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Put in a little over $12k in my Roth IRA plus have about 2.5k in my bank. It would be ok for a while but obviously rather not dip into my Roth since the market crashed and I lost value.
Feel fortunate (?) that I'm working for the government in a department that serves the public. As I've been told we would be one of the last to shut down if it ever came to it. I'd be so stressed if I had no savings, wife and kids.
Feel fortunate (?) that I'm working for the government in a department that serves the public. As I've been told we would be one of the last to shut down if it ever came to it. I'd be so stressed if I had no savings, wife and kids.
03-15-2020, 10:24 PM
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#45
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Expect a sharp rise in crime.
I have a yuuuuge emergency fund back up and I'm still getting paid by the hospital to go in, so as long as I don't get sick and die, I should be OK.
I have a yuuuuge emergency fund back up and I'm still getting paid by the hospital to go in, so as long as I don't get sick and die, I should be OK.
أشهد أن لا إله إلاَّ الله و أشهد أن محمد رسول الله
03-15-2020, 10:25 PM
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#46
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Originally Posted By Vhagar⏩
If everyone around you goes broke they might come after you out of desperation and steal your stuff. Chaos would be very bad for all of us.Hopefully they can’t
The great cleansing of our time has begun
The great cleansing of our time has begun
Originally Posted By MikeLowrrrey⏩
They probably had alot of their wealth in the stock market and investment real estate.iirc a lot of rich people lost their funds during the Great Depression.
"For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life." (John 3:16)
https://www.youtube.com/watch?v=Wh1VU-_OF98
03-15-2020, 10:27 PM
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#47
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simple. they wont.
That is when this whole farce will collapse.
its fun now, a national unplanned holiday with beer and memes.
reality will set in when the paycheck is a bunch of zeros and people will demand answers.
That will be about the same time that the charade collapses and we get back to normal. Maybe 2 weeks max.
That is when this whole farce will collapse.
its fun now, a national unplanned holiday with beer and memes.
reality will set in when the paycheck is a bunch of zeros and people will demand answers.
That will be about the same time that the charade collapses and we get back to normal. Maybe 2 weeks max.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
03-15-2020, 10:39 PM
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#48
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Originally Posted By Contribution05⏩
young people are also getting complications from this. Not to mention, not every young person who looks outwardly healthy is actually healthy. Those with heart/liver/lung conditions will be affected.This is what i was just posting about in the other thread. All these shut downs to save the elderly, but I think it's going to put a huge strain on the younger population who don't have money in the bank to survive going without a couple pay checks or losing their jobs completely. Seems like the government might be sacrificing the young to spare the old.
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03-15-2020, 10:42 PM
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#49
Well, this is showing the importance of having an emergency fund. I can easily go years without working and be A ok. I imagine the government will help in some way, and of course us the tax payers will be paying for it in the years to come.
03-15-2020, 10:45 PM
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#50
03-15-2020, 10:50 PM
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#51
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Originally Posted By 8pieces⏩
God that’s fuking pathetic. I almost forget how dumb the average person is. Almost. Fuking barely above apes 95% of humans are.um u wot m8? notsureifsrs. 50% of the us population lives paycheck to paycheck.
03-15-2020, 10:55 PM
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#52
- winston89418
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Originally Posted By CanuckGame⏩
house in vancouver?Just sold my house last month. Havent bought a new house yet. I'm just fukkn waiting on the sidelines rubbing my hands together for some cheap real estate in the very near future.
Real estate in BC has needed a correction. Cant believe my timing. Sold at the high of highs and the market will come tumbling down.
Real estate in BC has needed a correction. Cant believe my timing. Sold at the high of highs and the market will come tumbling down.
03-15-2020, 11:05 PM
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#53
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damn why is misc always on the edge of each spectrum: "iTs jUsT a fLU bRo" and "we're all gonna die mang"
this won't cause a great depression. A recession is likely, but this is just a short term containment until either a) the virus effectively contains itself by burning its way through whomever does have it or b) a vaccine (which is likely by early next year)
in which case the market will go back up and life will resume, albeit with a "new normal"
this won't cause a great depression. A recession is likely, but this is just a short term containment until either a) the virus effectively contains itself by burning its way through whomever does have it or b) a vaccine (which is likely by early next year)
in which case the market will go back up and life will resume, albeit with a "new normal"
RIP Lil Peep
RIP XXXTentacion
RIP Mac Miller
RIP Nipsey Hussle
RIP Juice WRLD
RIP Neil Peart
RIP Kobe Bryant
RIP Pop Smoke
03-15-2020, 11:20 PM
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#54
Stemcels get the last laugh boyos...working remotely...tradies on watch...just waiting for the idiots with hyooge mortgages to go under like 2008.
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03-15-2020, 11:24 PM
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#55
Originally Posted By VegasLifter26⏩
collapse vs what, we are all in the same boatthe global meltdown has just started. The dollar is going to collapse and everyone is going to be on the streets. There wont be any food left and we are all gonna die
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03-15-2020, 11:27 PM
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#56
- SportCoat
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Originally Posted By aleeboy⏩
lmao wut, banks get rekt by zero interest rates. all they do is literally lend money out. if the interest rate is zero they make basically no money on lending out money.With property being expensive and people getting by sharing their accommodation, or just living at home, banks have been suffering.
To improve profitability, Covid-19 is the reason banks will push out massive small business loan programs and personal loans to owners and people who struggle. This essentially creates several vintages (depending on how many products, rates, months, etc) that they probably have baked in their T&Cs variable terms. The final result is an increased assets book and strong momentum that will help them in the second half of the year.
To improve profitability, Covid-19 is the reason banks will push out massive small business loan programs and personal loans to owners and people who struggle. This essentially creates several vintages (depending on how many products, rates, months, etc) that they probably have baked in their T&Cs variable terms. The final result is an increased assets book and strong momentum that will help them in the second half of the year.
probably hyperinflation is the only way out. fed is already starting QE again which will just devalue the dollar.
03-15-2020, 11:34 PM
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#57
- kingHanley
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glad I went to school so I don’t have to worry about that
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03-15-2020, 11:36 PM
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#58
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gotta have dat dere emergency fund boyos
I can sit on my ass for a year living the way I do now.
I can sit on my ass for a year living the way I do now.
Originally Posted By surfbumb⏩
das it mane, remote till the virus passesStemcels get the last laugh boyos...working remotely...tradies on watch.
"Sometimes nobody shows up and you automatically win."
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03-16-2020, 08:47 AM
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#59
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Originally Posted By kalvinmc⏩
Can't the bank wipe out your savings just like it did during the great depression? But then I read there's a fail safe, so idkgotta have dat dere emergency fund boyos
I can sit on my ass for a year living the way I do now.
das it mane, remote till the virus passes
I can sit on my ass for a year living the way I do now.
das it mane, remote till the virus passes
03-16-2020, 08:49 AM
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#60
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They'll survive ****tily.
Hopefully this is a lesson to them that they need to prioritize savings over iPhones, spotify subscriptions and getting all their food delivered for 500% of the food cost.
Working from home crew.
Hopefully this is a lesson to them that they need to prioritize savings over iPhones, spotify subscriptions and getting all their food delivered for 500% of the food cost.
Working from home crew.
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