What Are You Doing Right Now? (204 Viewers)

[Bjerknes]

Peace man, drink it up.

 

Buy on AliExpress.com

[swag]

How will that work?

Bailout, buddy. It's all about the bailout.

 

[Zé Tahir]

Yay!! I'm done!!!! arty:

 

[Bjerknes]

You've got it. Stocking up on whiskey and cigarettes too, while I'm at it.

I've been roasting my own for years, basically for freshness given how measured I use the stuff. But I was also part inspired by a pretty funny article in this week's New Yorker about life in today's financial Armageddon:

http://www.newyorker.com/humor/2008/12/15/081215sh_shouts_doyle

One of my favorite lines from it:

(And yes, my dear governor has actually used the "Armageddon" word this week to describe the state's budget situation: http://www.mercurynews.com/ci_11186822?source=most_emailed ).

That's a nice paragraph.

Unfortunately for California, that crime rate is going to increase.

Don't know...it does look awful but they are talking about it like it's the end of the world so I guess I still don't think it's that big of a deal.I still think "oh it's not going to happen here".

But I heard Hungary is already dead financially.They had some crazy sales like 90% off and food is really expensive.Many people got fired and so on.

Creepy.

Well, the entire world could become Hungary, pun intended, if you know what I mean.

The US government is printing out ridiculous amounts of money that will lead to things that are priced in dollars to become more expensive. This is what we call inflation. But unfortunately for us, it will be so bad that it's hyperinflation, and that's when people start to revolt.

People were outraged by the high oil prices this past summer. Well, just wait until all your favorite commodities are through the roof and Big Macs are $10.

I guess this is the financial way of combating the obesity epidemic.

How will that work?

Borrowing and not being able to repay the debt causes firms to go out of business.

 

[Quetzalcoatl]

And everything you have gets repossessed.

 

[Bjerknes]

And everything you have gets repossessed.

Actually, there is incentive right now to default on payments.

The bank needs to be liquid, not have all the houses in the world.

They will restructure payment plans/mortgages.

 

[Quetzalcoatl]

So what will happen to the individual who doesn't repay his loan?

 

[Bjerknes]

So what will happen to the individual who doesn't repay his loan?

Depends. Restructuring could happen, but if it gets bad enough, yep, repossess.

 

[Enron]

Just got home. Time for that first beer.

 

[Ahmed]

 

[Zé Tahir]

Just got home. Time for that first beer.

You done son?

 

[Enron]

Last final was done shortly before noon. Now I'm six hours away from anything scholastic.

 

[swag]

I :heart2: Armageddon.

 

[swag]

Yay!! I'm done!!!! arty:

And now that I got the previous post out of the way... congrats, Tahir!

 

[Enron]

The movie or the end of the world?

 

[Zé Tahir]

And now that I got the previous post out of the way... congrats, Tahir!

Funny guy

 

[Bjerknes]

http://www.tripletsandus.com/80s/80s_games/arcade.htm

 

[swag]

The movie or the end of the world?

The latter, you fool! Don't you read the news?

Though I suppose stocking up on whiskey and cigarettes wouldn't be a bad idea before watching that dreadful Jerry Bruckheimer flick, where the entire cast has only screaming lines to pass the time between explosions :analcanon:...

 

[v1rtu4l]

PES2009

 

[Enron]

The latter, you fool! Don't you read the news?

Though I suppose stocking up on whiskey and cigarettes wouldn't be a bad idea before watching that dreadful Jerry Bruckheimer flick, where the entire cast has only screaming lines to pass the time between explosions :analcanon:...

Better pick up some shot gun shells and Wild Turkey then.