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How could that happen?

Scheduled Pinned Locked Moved The Lounge
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  • N Nagy Vilmos

    Cyborg police officers are expensive, that's how.

    Reality is an illusion caused by a lack of alcohol "Nagy, you have won the internets." - Keith Barrow

    V Offline
    V Offline
    vonb
    wrote on last edited by
    #4

    Have a good trip Nagy.. ;)

    The signature is in building process.. Please wait...

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    • B bryce

      vonb wrote:

      I am just happy to be in solid Switzerland (still rated AAA by most agencies

      those would be the same agencies who were happy with the way things were run just before the GFC? bryce

      MCAD ---

      V Offline
      V Offline
      vonb
      wrote on last edited by
      #5

      bryce wrote:

      GFC

      Found many GFCs, but unclear..:confused:

      The signature is in building process.. Please wait...

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      • V vonb

        bryce wrote:

        GFC

        Found many GFCs, but unclear..:confused:

        The signature is in building process.. Please wait...

        A Offline
        A Offline
        Andy_L_J
        wrote on last edited by
        #6

        Global Financial Crisis...

        I don't speak Idiot - please talk slowly and clearly "I have sexdaily. I mean dyslexia. Fcuk!" Driven to the arms of Heineken by the wife

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        • A Andy_L_J

          Global Financial Crisis...

          I don't speak Idiot - please talk slowly and clearly "I have sexdaily. I mean dyslexia. Fcuk!" Driven to the arms of Heineken by the wife

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          V Offline
          vonb
          wrote on last edited by
          #7

          Oh yes, now it is clear. And it's still going on (also here you feel it, specially in banks, I am working for one of them and got no salary increase in 5 years :(. We are still recruiting, so. )

          The signature is in building process.. Please wait...

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          • V vonb

            Never saw that such a big city goes bankrupt. http://money.cnn.com/2013/07/18/news/economy/detroit-bankruptcy/index.html?hpt=hp_t3[^] Next one? the whole US, southern Europe, and more to come. I am just happy to be in solid Switzerland (still rated AAA by most agencies).

            The signature is in building process.. Please wait...

            M Offline
            M Offline
            Mark_Wallace
            wrote on last edited by
            #8

            Bankruptcy in these circumstances isn't the same as when a company or individual goes bankrupt; It's just a way of moving money around. i.e. the money is moved from ordinary people's pensions to pay for all the extravagances of the people running the city (into the ground).

            I wanna be a eunuchs developer! Pass me a bread knife!

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            • V vonb

              Have a good trip Nagy.. ;)

              The signature is in building process.. Please wait...

              N Offline
              N Offline
              Nagy Vilmos
              wrote on last edited by
              #9

              Thanks, finally few errands to do today then depart around 5 tonight. Woking - Folkstone - Calais - Brussels - Koln - Passau - Lintz - Vien - Gyor - Balatonfured In all it's a tad over 1,200 miles. We'll stay in Brussels tonight and with an early start and good tail wind will get home 7-8pm Saturday. Then it's 5 weeks of R&R; with a small amount of gin for my stomach's sake.

              Reality is an illusion caused by a lack of alcohol "Nagy, you have won the internets." - Keith Barrow

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              • N Nagy Vilmos

                Thanks, finally few errands to do today then depart around 5 tonight. Woking - Folkstone - Calais - Brussels - Koln - Passau - Lintz - Vien - Gyor - Balatonfured In all it's a tad over 1,200 miles. We'll stay in Brussels tonight and with an early start and good tail wind will get home 7-8pm Saturday. Then it's 5 weeks of R&R; with a small amount of gin for my stomach's sake.

                Reality is an illusion caused by a lack of alcohol "Nagy, you have won the internets." - Keith Barrow

                V Offline
                V Offline
                vonb
                wrote on last edited by
                #10

                Sounds great! Just know that there will be millions of other cars travelling, there was already an accident at 4.30 am this morning which caused the closure of the main Alp tunnel, the Saint Gotthard, building traffic jams in both directions at that time in the night. I still have to wait until end of August and then I fly to Amsterdam (other way round...). ;)

                The signature is in building process.. Please wait...

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                • V vonb

                  Never saw that such a big city goes bankrupt. http://money.cnn.com/2013/07/18/news/economy/detroit-bankruptcy/index.html?hpt=hp_t3[^] Next one? the whole US, southern Europe, and more to come. I am just happy to be in solid Switzerland (still rated AAA by most agencies).

                  The signature is in building process.. Please wait...

                  S Offline
                  S Offline
                  Septimus Hedgehog
                  wrote on last edited by
                  #11

                  What really caught my attention is the 70,000 abandoned properties.

                  If there is one thing more dangerous than getting between a bear and her cubs it's getting between my wife and her chocolate.

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                  • B bryce

                    vonb wrote:

                    I am just happy to be in solid Switzerland (still rated AAA by most agencies

                    those would be the same agencies who were happy with the way things were run just before the GFC? bryce

                    MCAD ---

                    C Offline
                    C Offline
                    Carlos Fonseca
                    wrote on last edited by
                    #12

                    Well, of course not. Sure, they have the same names, are run by the same people and still make the same "predictions", but other than those small details they're completely different! Also, by insinuating that they haven't changed you're scaring the confidence fairy. I'll blame you if our interest rates go up today.

                    Quidquid latine dictum sit, altum viditur.

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                    • V vonb

                      Never saw that such a big city goes bankrupt. http://money.cnn.com/2013/07/18/news/economy/detroit-bankruptcy/index.html?hpt=hp_t3[^] Next one? the whole US, southern Europe, and more to come. I am just happy to be in solid Switzerland (still rated AAA by most agencies).

                      The signature is in building process.. Please wait...

                      D Offline
                      D Offline
                      Dan Neely
                      wrote on last edited by
                      #13

                      Detroit's population is down by about 2/3rds from its peak; it's tax base is probably down even more since at it's peak the US car makers had almost the entire US auto market.

                      Did you ever see history portrayed as an old man with a wise brow and pulseless heart, waging all things in the balance of reason? Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful? --Zachris Topelius Training a telescope on one’s own belly button will only reveal lint. You like that? You go right on staring at it. I prefer looking at galaxies. -- Sarah Hoyt

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                      • V vonb

                        Never saw that such a big city goes bankrupt. http://money.cnn.com/2013/07/18/news/economy/detroit-bankruptcy/index.html?hpt=hp_t3[^] Next one? the whole US, southern Europe, and more to come. I am just happy to be in solid Switzerland (still rated AAA by most agencies).

                        The signature is in building process.. Please wait...

                        W Offline
                        W Offline
                        wizardzz
                        wrote on last edited by
                        #14

                        vonb wrote:

                        Next one?

                        The first major city will be Chicago, by major, I mean top 5-10 in population. States: California, Illinois.

                        Twits[^]

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                        • M Mark_Wallace

                          Bankruptcy in these circumstances isn't the same as when a company or individual goes bankrupt; It's just a way of moving money around. i.e. the money is moved from ordinary people's pensions to pay for all the extravagances of the people running the city (into the ground).

                          I wanna be a eunuchs developer! Pass me a bread knife!

                          J Offline
                          J Offline
                          jschell
                          wrote on last edited by
                          #15

                          Mark_Wallace wrote:

                          i.e. the money is moved from ordinary people's pensions to pay for all the extravagances of the people running the city (into the ground

                          There is a great deal wrong with that simplistic statement.

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