Gold

[scooterscot]

'excessive' and 'healthy', in your statement above, are not quantifiable and hence mean nothing. They are woolly, vague, meaningless terms.

As for a black swan event, you do understand what this is don't you?

And for your ref, the black swan event here isn't the pandemic, it's the world leaders reactions to it and closing down whole swathes of the world economy. The pandemic was (kind of) forecast; what wasn't expected was virtually every country in the world going into lockdown.

Just for the record, you didn't call this

HTH

That is why we have credit records. Quantifying debt that is healthy and not.

[Old Greg]

'excessive' and 'healthy', in your statement above, are not quantifiable and hence mean nothing. They are woolly, vague, meaningless terms.

As for a black swan event, you do understand what this is don't you?

And for your ref, the black swan event here isn't the pandemic, it's the world leaders reactions to it and closing down whole swathes of the world economy. The pandemic was (kind of) forecast; what wasn't expected was virtually every country in the world going into lockdown.

Just for the record, you didn't call this

HTH

Words don't have to be quantifiable to be meaningful.

You're still out-classing pooper, but you're the best match to him we can offer.

[Paralytic]

The 2020's will be defined by an entrepreneurial surge. You'll probably say that is common knowledge 2-3 years from now...

It *is* common knowledge (or at least an expectation) already. I've seen multiple posts across social media listing which companies where formed out of the 2008 financial crisis and how 2020/21 could cause another such resurgence in entrepreneurship. Necessity often does that.

I'd previously assumed you the seeds of the squiggles you post here are form from the Daily Mail et al, but I now suspect its Facebook.

[AtW]

Is there anybody on here who does not think that Pooper is a thick twunt?

For the record - not even Pooper objected that

[Whorty]

Excessive debt is very different from healthy debt. Excessive debts have ballooned to such a level that no stops to think until a black swan event comes along.

The government would like nothing more for you to all believe the virus is the reason why they'll reset / digitise the currency. And it looks like a buyers paradise.

'excessive' and 'healthy', in your statement above, are not quantifiable and hence mean nothing. They are woolly, vague, meaningless terms.

As for a black swan event, you do understand what this is don't you?

And for your ref, the black swan event here isn't the pandemic, it's the world leaders reactions to it and closing down whole swathes of the world economy. The pandemic was (kind of) forecast; what wasn't expected was virtually every country in the world going into lockdown.

Just for the record, you didn't call this

HTH

[scooterscot]

Excessive debt is very different from healthy debt. Excessive debts have ballooned to such a level that no stops to think until a black swan event comes along.

The government would like nothing more for you to all believe the virus is the reason why they'll reset / digitise the currency. And it looks like a buyers paradise.

[AtW]

Is there anybody on here who does not think that Pooper is a thick twunt?

[Whorty]

So without the debt, the pandemic wouldn't have triggered the crash?

You know you're a thick twunt, when even Whorty can see that you're a thick twunt. Although in your case, you're probably too much of a thick twunt to work it out.

HTH

[Old Greg]

I didn't vote out you thick twunt. Come on, do keep up.

The crash was caused by debt. The pandemic brought about the realisation.

So without the debt, the pandemic wouldn't have triggered the crash?

You know you're a thick twunt, when even Whorty can see that you're a thick twunt. Although in your case, you're probably too much of a thick twunt to work it out.

HTH

[scooterscot]

Wow... You called a stockmarket crash two years ago... A crash caused by a unforseen global pandemic...

The crash was caused by debt. The pandemic brought about the realisation.