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Way to go Ford/GE
While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. -- This email has been checked for viruses by AVG. https://www.avg.com |
Way to go Ford/GE
Mr. Luddite
While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. -- This email has been checked for viruses by AVG. https://www.avg.com “ Excellent! I wonder how their stock will do now? |
Way to go Ford/GE
On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite"
wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. |
Way to go Ford/GE
On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote:
While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. Good on 'em! -- Freedom Isn't Free! |
Way to go Ford/GE
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Way to go Ford/GE
wrote:
On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Where were you buying them. I get mine, Radnor, from the welding supply. $15 for 20. |
Way to go Ford/GE
On Tue, 31 Mar 2020 15:42:52 -0400, "Mr. Luddite" wrote:
On 3/31/2020 1:46 PM, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. Heh. Where some see a silver lining others see nothing but black clouds. :-) I just hope to hell we have all those extras to worry about! -- Freedom Isn't Free! |
Way to go Ford/GE
On Tue, 31 Mar 2020 13:46:45 -0400, John wrote:
On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. |
Way to go Ford/GE
On Tue, 31 Mar 2020 18:23:24 -0000 (UTC), Bill
wrote: wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Where were you buying them. I get mine, Radnor, from the welding supply. $15 for 20. Home Depot/Lowes was selling the 3m paper N-95 in a 3 pack for about $8-10. I still have a couple in the garage. |
Way to go Ford/GE
On Tue, 31 Mar 2020 17:26:38 -0400, wrote:
On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. -- Freedom Isn't Free! |
Way to go Ford/GE
On Tue, 31 Mar 2020 17:49:04 -0400, John wrote:
On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. |
Way to go Ford/GE
On Tue, 31 Mar 2020 20:20:18 -0400, wrote:
On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? -- Freedom Isn't Free! |
Way to go Ford/GE
On Tuesday, March 31, 2020 at 4:49:02 PM UTC-5, John H wrote:
On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. -- Freedom Isn't Free! Give him a moment |
Way to go Ford/GE
On Tue, 31 Mar 2020 20:56:35 -0400, John wrote:
And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. |
Way to go Ford/GE
On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote:
On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) |
Way to go Ford/GE
`On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me
wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) Your lips to God's ear but if we are still flattening the curve in June I am not sure how many people will survive. Unemployed people and bankrupt businesses do not buy things. The government can't prop them up with borrowed money (to cover their borrowed money) forever. Oh By The Way We may have added $5 or $10T to the debt (printing money out of thin air) depending on how long we stay locked down. In the mean time the Euros will be rolling off the presses too. One of these days people will figure out that is devaluing our money and eating our savings. |
Way to go Ford/GE
|
Way to go Ford/GE
On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote:
On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) I'm surprised he's not telling us to stock up on ammunition and canned goods. -- Freedom Isn't Free! |
Way to go Ford/GE
On 4/1/2020 7:26 AM, John wrote:
On Tue, 31 Mar 2020 23:47:11 -0400, wrote: On Tue, 31 Mar 2020 20:56:35 -0400, John wrote: And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. Another dire prediction? When, and if, this is all over, you will undoubtedly win the prize for the most dire predictions! Greg, just a thought: China is America's biggest creditor by far. Is China going to call the note? And even if they did, what if the USA just said, "**** you"? Is China going to turn it over to a collection agency? :-) -- This email has been checked for viruses by AVG. https://www.avg.com |
Way to go Ford/GE
On 4/1/2020 7:28 AM, John wrote:
On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg. I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemade propane conversion generator. :-) -- This email has been checked for viruses by AVG. https://www.avg.com |
Way to go Ford/GE
On Wed, 1 Apr 2020 07:38:29 -0400, "Mr. Luddite" wrote:
On 4/1/2020 7:26 AM, John wrote: On Tue, 31 Mar 2020 23:47:11 -0400, wrote: On Tue, 31 Mar 2020 20:56:35 -0400, John wrote: And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. Another dire prediction? When, and if, this is all over, you will undoubtedly win the prize for the most dire predictions! Greg, just a thought: China is America's biggest creditor by far. Is China going to call the note? And even if they did, what if the USA just said, "**** you"? Is China going to turn it over to a collection agency? :-) If the entire world's currency was devalued by 20%, would it make a ****? I'm no economist, just wondering. -- Freedom Isn't Free! |
Way to go Ford/GE
On Wed, 1 Apr 2020 07:42:55 -0400, "Mr. Luddite" wrote:
On 4/1/2020 7:28 AM, John wrote: On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg. I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemade propane conversion generator. :-) LOL! Besides, my box of 1000 9mm came the other day. Next is some .223 when I see a good sale. I think I'll stock up on canned turnip greens and okra. -- Freedom Isn't Free! |
Way to go Ford/GE
On 4/1/20 7:42 AM, Mr. Luddite wrote:
On 4/1/2020 7:28 AM, John wrote: On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues,Â* Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity.Â* Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities.Â* GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train.Â* In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc...Â* :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg.Â* I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemadeÂ* propane conversion generator.Â* :-) Considering the number of septuagenarians and octogenarians living in private homes, condos, and nursing homes in Florida, opportunities to buy real estate on the cheap in that state will soon abound. |
Way to go Ford/GE
John H
- show quoted text - I'm surprised he's not telling us to stock up on ammunition and canned goods. - show quoted text - “ Tis best to have and not need than to need and not have. I learned to stick up years ago. Keep ammunition dry and restock can goods keeping a generous supply of about anything. Could come in handy |
Way to go Ford/GE
6:48 AMJohn H - show quoted text - LOL! Besides, my box of 1000 9mm came the other day. Next is some .223 when I see a good sale. I think I'll stock up on canned turnip greens and okra. - show quoted text -“ Sounds great to me. How’s the Beretta turning out? |
Way to go Ford/GE
On 4/1/2020 7:46 AM, John wrote:
On Wed, 1 Apr 2020 07:38:29 -0400, "Mr. Luddite" wrote: On 4/1/2020 7:26 AM, John wrote: On Tue, 31 Mar 2020 23:47:11 -0400, wrote: On Tue, 31 Mar 2020 20:56:35 -0400, John wrote: And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. Another dire prediction? When, and if, this is all over, you will undoubtedly win the prize for the most dire predictions! Greg, just a thought: China is America's biggest creditor by far. Is China going to call the note? And even if they did, what if the USA just said, "**** you"? Is China going to turn it over to a collection agency? :-) If the entire world's currency was devalued by 20%, would it make a ****? I'm no economist, just wondering. Don't know. Beyond my paygrade. I realize that what is read both in print and on the Internet has to be taken with a grain of salt but I am starting to believe that China is in deeper **** than we are and may be on the verge of an economic collapse. The Chinese government is not exactly forthcoming in what their economic situation really is and the few "leaks" that emerge from Chinese citizens do not paint a rosy picture. If the USA really clamps down on its reliance on Chinese manufactured items (as it should) the Chinese economy could be in for a free-fall. If it does, there's no turning back. The Chinese Communist government opened a Pandora's box about 30 years ago when they started embracing their government controlled version of capitalism and "free markets". Once a significant portion of their population start benefiting from this, there's no way to close the Pandora's box again. -- This email has been checked for viruses by AVG. https://www.avg.com |
Way to go Ford/GE
On Wed, 1 Apr 2020 04:56:41 -0700 (PDT), Tim wrote:
6:48 AMJohn H - show quoted text - LOL! Besides, my box of 1000 9mm came the other day. Next is some .223 when I see a good sale. I think I'll stock up on canned turnip greens and okra. - show quoted text -“ Sounds great to me. How’s the Beretta turning out? That thing is a blast to shoot! Almost as much fun as the Kimber, and a lot cheaper. For some reason, I can hit targets much better with the Kimber .45 than the Beretta .22, or the Ruger Mark IV. For some reason, the .22s give me problems. -- Freedom Isn't Free! |
Way to go Ford/GE
On Wed, 1 Apr 2020 08:09:02 -0400, "Mr. Luddite"
wrote: If the USA really clamps down on its reliance on Chinese manufactured items (as it should) the Chinese economy could be in for a free-fall. If it does, there's no turning back. The Chinese Communist government opened a Pandora's box about 30 years ago when they started embracing their government controlled version of capitalism and "free markets". Once a significant portion of their population start benefiting from this, there's no way to close the Pandora's box again. === It's important to remember that the western world has become more or less addicted to buying cheap manufactured goods from China. That is a major reason why we have enjoyed low inflation for the last 30 years or so. China has become the low cost producer for just about everything we consume and it will be extremely difficult to unwind that without major disruptions to our economy and standard of living. China has many millions of people willing to work at low wage factory jobs and we do not. -- This email has been checked for viruses by AVG. https://www.avg.com |
Way to go Ford/GE
Keyser Soze Wrote in message:
On 4/1/20 7:42 AM, Mr. Luddite wrote: On 4/1/2020 7:28 AM, John wrote: On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg. I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemade propane conversion generator. :-) Considering the number of septuagenarians and octogenarians living in private homes, condos, and nursing homes in Florida, opportunities to buy real estate on the cheap in that state will soon abound. If only you had some money to invest, jackass. -- .. |
Way to go Ford/GE
On Wed, 01 Apr 2020 07:26:02 -0400, John wrote:
On Tue, 31 Mar 2020 23:47:11 -0400, wrote: On Tue, 31 Mar 2020 20:56:35 -0400, John wrote: And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. Another dire prediction? When, and if, this is all over, you will undoubtedly win the prize for the most dire predictions! I hope we can all laugh about it, I would love to be wrong. BTW your folks seem to be killing us all so I am not the only one with dire predictions. |
Way to go Ford/GE
On Wed, 01 Apr 2020 07:28:50 -0400, John wrote:
On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) I'm surprised he's not telling us to stock up on ammunition and canned goods. If you haven't already, it may be too late. ;-) |
Way to go Ford/GE
On Wed, 1 Apr 2020 07:38:29 -0400, "Mr. Luddite"
wrote: On 4/1/2020 7:26 AM, John wrote: On Tue, 31 Mar 2020 23:47:11 -0400, wrote: On Tue, 31 Mar 2020 20:56:35 -0400, John wrote: And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. Another dire prediction? When, and if, this is all over, you will undoubtedly win the prize for the most dire predictions! Greg, just a thought: China is America's biggest creditor by far. Is China going to call the note? And even if they did, what if the USA just said, "**** you"? Is China going to turn it over to a collection agency? :-) Actually China has backed away from US paper and they are not the biggest holder, Japan is. When a country defaults on it's debt the world devalues their money. We pay it back in much higher prices for imported goods. That will also make domestic goods more expensive and eat your savings. Do you really think we can print massive amounts of money while the GDP is crashing without consequences? |
Way to go Ford/GE
On Wed, 1 Apr 2020 07:42:55 -0400, "Mr. Luddite"
wrote: On 4/1/2020 7:28 AM, John wrote: On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues, Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity. Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities. GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train. In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc... :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg. I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemade propane conversion generator. :-) It makes more sense to prepare than to think you can just hide. I also predicted that "14 day" thing was bull****. Now we are hearing stories that we may have to stay in hiding until some time in May. Fauci is saying at least 30 more days. My guess is in May they will be saying 30 more days. My niece told me today her marina slid through the crack and there will be no help for them, no federal (business) bail out and no unemployment. There are thousands if not millions of small businesses in the same ""boat". |
Way to go Ford/GE
On Wed, 01 Apr 2020 07:46:35 -0400, John wrote:
On Wed, 1 Apr 2020 07:38:29 -0400, "Mr. Luddite" wrote: On 4/1/2020 7:26 AM, John wrote: On Tue, 31 Mar 2020 23:47:11 -0400, wrote: On Tue, 31 Mar 2020 20:56:35 -0400, John wrote: And you predicted all this a month ago? I'm sorry. 2 weeks and 4 days ago On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote: Adorable Deplorable wrote: On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote: Adorable Deplorable Wrote in message: On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free! A 50% loss would result in the need to make a 100% gain to break even, if you bought back the same stock at what you sold it for. If the stock declined another 50% you could buy twice the amount you sold but you'd still need a 100% gain to break even. If the stock rose 50% after you sold it would cost you 25% more to buy it back. If the stock regained its original value it would cost you twice as much as you sold it for, to buy it back. Numbers dont lie. I suppose that means to hang on to it? -- Freedom Isn't Free! And buy more! snip stock thing If they are really serious that we are going to hit stop on the economic engine until they declare the virus is contained, the economy might not start when we hit go. The debt bomb we are all dreading may have gone off by then and we will be in worse shape than 2008-9 with the central banks failing not just AIG and Lehman. I understand that is probably not going to happen but it isn't as unrealistic as some of the predictions I am hearing about this virus. Another dire prediction? When, and if, this is all over, you will undoubtedly win the prize for the most dire predictions! Greg, just a thought: China is America's biggest creditor by far. Is China going to call the note? And even if they did, what if the USA just said, "**** you"? Is China going to turn it over to a collection agency? :-) If the entire world's currency was devalued by 20%, would it make a ****? I'm no economist, just wondering. It would instantly eat 20% of your savings and if your pension does not keep up, it cuts your income. That assumed the entire world's currency was devalued. If China was able to maintain their value, simply because they went back to work, we all pay more for their products. Whether that would be enough to bring manufacturing back here is yet to be seen. Those economics may be above my pay grade. |
Way to go Ford/GE
On Wed, 1 Apr 2020 07:48:50 -0400, Keyser Soze wrote:
On 4/1/20 7:42 AM, Mr. Luddite wrote: On 4/1/2020 7:28 AM, John wrote: On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues,Â* Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity.Â* Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities.Â* GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train.Â* In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc...Â* :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg.Â* I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemadeÂ* propane conversion generator.Â* :-) Considering the number of septuagenarians and octogenarians living in private homes, condos, and nursing homes in Florida, opportunities to buy real estate on the cheap in that state will soon abound. I suggested that a couple weeks ago too, specifically, I said "short Florida Real Estate". You are right that if this goes as badly as predicted there will be a whole lot of Pre-FIRM housing on the block, along with a bunch of commercial property as these small businesses bust out. The houses will be bought up on the cheap and turned into rental units if the 2009 crash was any indication. Since most of them are virtually uninsurable at any reasonable cost, these have to be cash deals. |
Way to go Ford/GE
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Way to go Ford/GE
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Way to go Ford/GE
On 4/1/20 1:25 PM, wrote:
On Wed, 1 Apr 2020 07:48:50 -0400, Keyser Soze wrote: On 4/1/20 7:42 AM, Mr. Luddite wrote: On 4/1/2020 7:28 AM, John wrote: On Tue, 31 Mar 2020 21:00:41 -0700 (PDT), Its Me wrote: On Tuesday, March 31, 2020 at 8:56:37 PM UTC-4, John H wrote: On Tue, 31 Mar 2020 20:20:18 -0400, wrote: On Tue, 31 Mar 2020 17:49:04 -0400, John wrote: On Tue, 31 Mar 2020 17:26:38 -0400, wrote: On Tue, 31 Mar 2020 13:46:45 -0400, John wrote: On Tue, 31 Mar 2020 12:44:21 -0400, wrote: On Tue, 31 Mar 2020 11:36:04 -0400, "Mr. Luddite" wrote: While GM dragged their feet over contract issues,Â* Ford in partnership with GE Health got to work making ventilators. Interesting concept. After consultation with GE and with consideration to the type of locations they will be used, they are going to focus on a simple, proven design that is air powered rather than by electricity.Â* Reduces the complexity and permits the ventilator to be used with a tank of oxygen only. Ford engineers visited GE and worked out some manufacturing improvements that will allow GE to also ramp up production. Ford is setting up a manufacturing facility in Michigan and expects to produce 50,000 ventilators over the next 100 days. Ford executive says it's the perfect combination of company strengths and capabilities.Â* GE has a proven ventilator design and Ford has the expertise in mass production. Ford also said production rates will go up as required. I think our biggest problem will be what to do with a half of a million ventilators in a year or so when this blows over. Maybe Oprah can give them away on her show. I bet there will be a glut of n-95 masks on the market too. That is a good thing tho. I was paying at least, a couple bucks each for them last year. Do you really think that will be our biggest problem? You sound much like Harry with that kind of crap. As Trump said, if we have extras, there are lots of countries in need. I am trying not to think about the global financial collapse. People have been telling me for a month that I was crazy even suggesting it. BTW when this is over, the excessive need will be gone. I think we are going to flood the world with this stuff once they get tooled up to make it and the government is printing money to get it out the door. Half a million ventilators will surely not cause a global financial collapse. Will there be a financial collapse? Maybe. If so, you can say you predicted it months ago. I don't remember you suggesting it, but if you say you did, and it happens, you deserve the credit for predicting it. I'm surprised Harry hasn't beat you to that prediction and blames it on Trump. I am not seeing anything that looks any other possibility. Whether it is an unrecoverable collapse is the only question. With no end in sight of keeping our foot on the throat on the western economy we have to consider the consequences. South Europe was dragging down the Euro in a food economy with Germany propping it up. The German finance minister just killed himself. You have to wonder what that was all about. I bet UK is happy they Brexited. The big winner here is going to be China. Whether they have actually controlled this virus or not, their official story is they are back open for business. The US, not so much and the predictions here are far fewer than half of small business is going to survive. Bigger companies are likely to be in trouble too if they can't make something the government is buying. Other than that, if you can't buy it in a grocery store, drug store or a liquor store, we are not buying it. The businesses are all closed. I still think real unemployment is about 30% and I may be guessing low once employers stop paying furloughed workers. And you predicted all this a month ago? Greg is driving the scary train.Â* In a couple of months we'll all be breathing easier and and the Dow will be on the mend. I think he's on retainer from MSNBC, CNN, NBC, etc...Â* :) I'm surprised he's not telling us to stock up on ammunition and canned goods. Hey, don't pick on Greg.Â* I get a kick out of some of his philosophies and "preparations" for when the world ends. He may be the only one breathing easy in a month using his home-made oxygen delivery system using a homemade ventilator powered by his homemadeÂ* propane conversion generator.Â* :-) Considering the number of septuagenarians and octogenarians living in private homes, condos, and nursing homes in Florida, opportunities to buy real estate on the cheap in that state will soon abound. I suggested that a couple weeks ago too, specifically, I said "short Florida Real Estate". You are right that if this goes as badly as predicted there will be a whole lot of Pre-FIRM housing on the block, along with a bunch of commercial property as these small businesses bust out. The houses will be bought up on the cheap and turned into rental units if the 2009 crash was any indication. Since most of them are virtually uninsurable at any reasonable cost, these have to be cash deals. Properties under water for any of several reasons, including water. MAGA! |
Way to go Ford/GE
On 4/1/2020 11:45 AM, wrote:
On Wed, 1 Apr 2020 08:09:02 -0400, "Mr. Luddite" wrote: If the USA really clamps down on its reliance on Chinese manufactured items (as it should) the Chinese economy could be in for a free-fall. If it does, there's no turning back. The Chinese Communist government opened a Pandora's box about 30 years ago when they started embracing their government controlled version of capitalism and "free markets". Once a significant portion of their population start benefiting from this, there's no way to close the Pandora's box again. === It's important to remember that the western world has become more or less addicted to buying cheap manufactured goods from China. That is a major reason why we have enjoyed low inflation for the last 30 years or so. China has become the low cost producer for just about everything we consume and it will be extremely difficult to unwind that without major disruptions to our economy and standard of living. China has many millions of people willing to work at low wage factory jobs and we do not. True but something called competition among US manufacturers of goods also helps to curb prices. IMO, it's gone too far. When the USA is dependent on China for our medicines and components used in our defense systems, we are taking a major, major risk. -- This email has been checked for viruses by AVG. https://www.avg.com |
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