Covid 19: Lasting economic damage

Canadas top central banker says there will be lasting economic damage due to the Covid-19 pandemic with a “prolonged and bumpy” path to recovery.

In his first speech as governor, Tiff Macklem says the central bank expects to see growth in the third quarter of this year as people are called back to work and households resume some of their normal activities as restrictions ease.

But he warns that Canadians shouldn’t expect the short and sharp economic bounce-back expected over the coming months to last.

The combination of uneven reopenings across provinces and industries, the unknown course of consumer confidence, and unemployment rates will “likely inflict some lasting damage to demand and supply,” Macklem says in a speech Monday.

He said ongoing physical distancing rules may mean workplaces can’t be as productive as they once were, adding that many services will remain difficult to deliver.

Not everybody’s job will come back.

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Werner Stein
Guest
Werner Stein

No Roger.
Just fewer criminals with money to launder.

Zombie:
Please provide the list of over asking sales, my buddies back east are wondering why they have not received an updated list.

Roger
Guest
Roger

I hope this trend continues then… let the inventory rip!!!

Werner Stein
Guest
Werner Stein

LOL
Another triple, listings that is.

paulb
Member

New
301
Price Change
98
Sold
62
TI: 12287

http://www.instagram.com/clivestevepaul

Roger
Guest
Roger

That is odd… what happened to the sales today… seems awfully low for June… probably a cut off issue (ie tomorrow sales night be substantially higher)

Werner Stein
Guest
Werner Stein

The same property was recently reported by a neighbour for having 10 short-term rental units

https://www.vancouverisawesome.com/vancouver-news/former-burnaby-airbnb-hotel-living-nightmare-2404616

Werner Stein
Guest
Werner Stein

“Canada is more exposed than most economies, however, because of “an unstable real estate bubble and household credit binge.” It says policymakers are putting off the day of reckoning but have run out of ammunition and there is no guarantee they can prevent a housing bust.”

https://www.mortgagebrokernews.ca/features/report-says-housing-market-is-due-for-a-crash-330845.aspx

Dave
Member

Saretsky says MOI is now 4.8, dropping down from 8.8 in May. We’re basically now into a seller’s market once again.

New listings for June were weak. The trend just isn’t pointing to 20k listings.

The other things bears need a reality check on is what is happening with real estate sales down south, which are strong. This doesn’t fit the Covid / real estate crash correlation.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

“Reddit, one of the most controversial social sites, is now trying to tackle hateful content on its platform amid broader calls for racial justice.

On Monday, the social networking site said subreddits — or forums — and users that promote hate based on “identity or vulnerability” will be banned. As part of the policy change, Reddit is initially banning about 2,000 subreddits, including “The_Donald,” a popular community supportive of President Donald Trump, where users often shared racist, misogynistic, homophobic and conspiracy content.”

I only went there for Paul’s daily numbers. LOL.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

“Wearing a mask is just a good idea.” – Mike Pence.

Oh no! The deep state have turned him, too!

LOL.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the Zerohedge article entitled, “India Bans 59 Chinese Apps Including TikTok Over “Privacy & Sovereignty” Violations”

India can act in its self interest without being slandered as racist because it is a majority non-white country. If Indians were white, this move woukd be condemned acrossbthe West as racist.

With tensions between China and India rapidly escalating, I wonder if there will be any fallout in Metro Vancouver, which has significant populations of both the Chinese and Indian diasporas. If conflicts between these groups do arise in Canada, it will put our racebaiting MSM in a pickle because they won’t be able to blame white people. Although they will try. They will say it’s an outcome of the legacy of colonialism in India.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the Zerohedge article entitled, “83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal”

The article states:

“more than a dozen Chinese financial institutions, mainly trust companies (i.e., shadow banks) loaned 20 billion yuan ($2.8 billion) over the past five years to Wuhan Kingold Jewelry with pure gold as collateral and insurance policies to cover any losses. There was just one problem: the “gold” turned out to be gold-plated copper.”

Nothing good seems to come out of Wuhan. I’m honestly shocked gold counterfeiting isn’t more widespread in China. Or maybe it is and it’s just being discovered now.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the National Post article entitled, “Trump administration downplays COVID-19 resurgence while experts spell doom if no action taken”

How can Trump be blamed for any second wave of COVID? The BLM and Antifa rioters and looters should be blamed! They are leftists, not Trump supporters.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Trump isn’t responsible for anything. He said so himself.

LOL.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the BC CTV article entitled, “Vancouver Island aquarium names giant Pacific octopus after Dr. Bonnie Henry”

What an honour! The next species of pond scum found in BC should be named after Dr Bonnie Henry too. It’s almost like people enjoy living in an authoritarian regime.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

You should be thanking her that you weren’t put into full lockdown.

Dave
Member

It’s all rather silly. We don’t know why BC has done well. People need to connect dots so they assume Dr. Bonnie is doing a great job. Meanwhile she’s operating from the exact same script as everywhere else. If she didn’t follow protocol, she would be a reckless fool. To the people who think she’s so great, what do you think she has done so well? I have yet to see or hear it. The jury is still out.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the CBC article entitled, “Canadian companies Lululemon, MEC and Arc’teryx join Facebook ad boycott” The article states: “Champions of the StopHateForProfit boycott — led by civil rights and advocacy groups including the Anti-Defamation League and National Association for the Advancement of Colored People — say Facebook has not done enough to keep racist, false and dangerous content or white supremacists off its platform.” Lululemon was founded by a billionaire buffoon who ran afould of the Left for fat-shaming. MEC is in a state of financial turmoil after costly renovations to its new flagship store that hardly anyone has seen because of COVID. MEC also ran afoul for not including sufficient numbers of black people in its ads. The entire sector of outdoor gear retail has been criticized as racist as its customer base is alleged to be disproportionately… Read more »

Werner Stein
Guest
Werner Stein

https://rentstrikevan.ca/2020/04/05/5-myths-about-landlords/

Rent Strike.
If your landlord is one of those “offshore respectable” investors, they will not want to draw attention to themselves, therefore there is no need to fear legal reprisal.

Big Bear
Guest
Big Bear

Good point.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

There may even be an opportunity for renters to acquire rented property that is foreign owned if the owners abandon it and never return to Canada. Possession is nine-tenths of the law. Squatters rights come from our Common Law tradition and renters are a step above squatters as renters actually pay for the space they use. It’s a total long shot in these fascist times, but it is a remote possibility because who knows what the ultimate fate of so many foreign properties in BC will be. Absolutely some are being abandoned by their owners. And more will be abandoned in the future.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Rasmussen 42%

LOL.

xhistory
Guest
xhistory
Werner Stein
Guest
Werner Stein

Shut It Down Already (original)
“Paulb, is this who you want to associate your business with?”

Unsophisticated, brutish, veiled threat.

Coming from someone with a tyrannical penchant to stifle thought and speech.
Pathetic small mind.

Another sick Don Quixote who is going to save those of us who cannot think and analyze meaning or the intended objective of free speech.

Laibach
Member
Laibach

Sad desperation of a looser who lost any credibility and merit. As pathetic as it gets, total melting…

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Where is Oracle?

Slava
Member
Slava

In jail for CERB Fraud?

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Wow just wow!

Big Bear
Guest
Big Bear

This forum is so much better without Oracle.

backwardsevolution
Guest
backwardsevolution

Propaganda 101: Always accuse your opponents of your own crimes.

Victimology 101: Bait people constantly by lying, fabricating incidents, slander, telling half-truths, by omitting information altogether. Getting your opponents to retaliate is the goal.

Then when and if your opponents do retaliate, cry out that YOU’RE the “victim”.

Done all throughout history by psychopaths who are intent on gaining power.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

But you see, you never let these leftist fascists, set the narrative.
You call them what they are, fascists, and that they have to go, right in their faces.
By this you show them a mirror, and their reflection.

I did precisely that at rally last year in Vancouver, and the leftist burst into tears. And I absolutely loved those leftist tears 🙂

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Paulb, is this who you want to associate your business with?

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

I am sure Paul B supports anti-fascists, therefore that would not include you.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Did you all learn to gaslight at the same neo-Nazi school? LOL.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

All truth. I’ll leave all the gas-lighting to you, as it is the norm in regards to your pattern of behaviour on this forum. There are countless examples here for anyone interested.

Or maybe you can cry to Paulb again….LOL

Shut It Down Already (original)
Guest
Shut It Down Already (original)

I think it’s more than reasonable to ask Paul Boenisch why he continues to support the racists here. Particularly because he refuses to answer.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Ok, carry on gas-lighting, calling people you disagree with racists.
It’s a classic fascist tactic.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

The reason I disagree with you is because you’re a dumbfuck racist.

All clear now? Good.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

No, you call people you disagree with Neo-Nazis and Racists because your are a gas-lighting fascist. It’s a common tactic of fascists.
I hope I cleared it up for you, dumbfuck.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Let’s leave it your employer to decide, shall we?

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Is the employer for you the ultimate arbitrator of truth? Pathetic.
I am my employer, so there’s that.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

test

backwardsevolution
Guest
backwardsevolution

Where are all the so-called “white supremacists” that are supposed to be under every rock? You would think with their cities being destroyed, they’d have gotten angry and retaliated, or something. Are they under this rock? Are they under that rock? I don’t seem to be able to find them.

The Left have blamed these “white supremacists” for at least eight fake noose incidents, fake bomb threats, fake swastika and “N” word graffiti, fake rapes, fake arson attacks, fake this and fake that.

We’re seeing lots of so-called “victims”. In fact, victims are being invented out of nothing.

What we’re not seeing are “white supremacists”?

Just another hoax? Looks like it.

Laibach
Member
Laibach

Regardless of their existence it is always hilarious to make good fun of those idiots. I like Borat…

https://deadline.com/2020/06/sacha-baron-cohen-crashes-right-wing-event-leads-singalong-1202972079/

backwardsevolution
Guest
backwardsevolution

I don’t know who this group is that Cohen crashed, but I highly doubt they were “white supremacists”. Have these so-called white supremacists been causing mayhem lately? Was this group of people out fighting Antifa, looting or burning down buildings? If they were, I must have missed it in the news, although on second thought that would be kind of impossible because if they did anything, it would have been the next George Floyd moment. I don’t really like Sasha Baron Cohen. I never have. He’s a trickster, likes to make people look like idiots, and he’s vulgar. People go along with entertainers, those who are “leading” them at that particular moment. All you’ve got to do is study Stanley Milgram’s experiments or the Stanford Prison experiment to see this. Maybe watch some old Candid Camera shows. Heck, wasn’t Bernays… Read more »

Shut It Down Already (original)
Guest
Shut It Down Already (original)

So the dog-whistler-in-chief could have left all the “do not sit here” social distancing labels on the seats at the BOK Center and still had plenty of room for all of the scum who attended. And, as a bonus, the place wouldn’t have looked as pitiful as it did with entire sections left empty.

But, no, instead he chose to stubbornly ignore his own health advisors and pack people as closely together as he could, landing even the Secret Service in quarantine. LOL.

He cares more about Confederate statues than he does American lives. With any luck Fort Bragg will be renamed Fort McCain shortly.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the National Post article entitled, “What is systemic racism? There is broad national confusion about the concept”

The warmongering National Post is going to give us all a sociology lesson.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the Global News article entitled, “Trump tweets in approval of video showing his supporter chanting ‘white power’”

Trump supports white power. Awesome. All the more reason to support Trump. The Fake News Media is throwing everything they’ve got at this point and they look downright pathetic.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

No wonder you got kicked out of academia, you supremacist piece of shit.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

I was never kicked out of academia. My academic record is stellar. You need to get a life.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

OK, you got “retired”.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Shut your trap, fascist piece of shit.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

You can’t even spell “pandemic”. LOL.

Wear a mask, dipshit.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

You will never be able to tell me what to do, dipshit covidbro.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

We’ll see about that, LOL.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

You’ll be in the ground, with your soul in the ninth circle of Hell, before you get to tell me what to do;)

Shut It Down Already (original)
Guest
Shut It Down Already (original)

You’re of course free to hold that opinion. LOL.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

You’ll be dead before me. Take it to the bank.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Pathetic.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Yes your life is a pathetic joke.

Vancouver Born & Bred
Guest
Vancouver Born & Bred

Check out the Global News article entitled, “Bus passenger allegedly tells TransLink driver to hang himself with ‘noose’”

Vancouver has it’s very own noose hoax, er, I mean, incident. According to the article:

““Suddenly I heard him say ‘OH LOOK DRIVER, SOMEONE LEFT YOU A NOOSE. PERFECT FOR HANGING,’” wrote Buckaman.

“I THINK YOU SHOULD HANG YOURSELF WITH IT AT THE END OF YOUR NIGHT…I WOULD UNDERSTAND IF YOU HANG YOURSELF.””

I have worked on the frontlines of dealing with the public most of my working life. This bus driver needs to develop a thicker skin because he will experience far worse on the job than this. It was just a crazy guy making stupid comments. It’s not a federal case.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Blaming the victim? Disgusting.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

We have to start realizing that these incidents are most likely falsely created by the Media.

The Mainstream Media in Canada is wholly owned by seven companies, and by their actions operate as a cartel, more or less in unison. htps://en.wikipedia.org/wiki/Concentration_of_media_ownership#Canada

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Just make up a conspiracy theory when you can’t accept the truth.

The far right are so fucking dumb. Yet they blame foreigners for the fact that they fell behind in life. LOL.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

No “Truth” was not accepted here, covidbro dipshit

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Hitler

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

…was far left

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Well done, you!

But you know who he was despite there being no statues of him, right? So therefore history was not erased, right?

Shall I get the crayons out for you again? LOL.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Test

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Nashonal Soushalist Workers party = leftist

Shut It Down Already (original)
Guest
Shut It Down Already (original)

You’re really struggling today, aren’t you?

Sad.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

Yeah struggling with the moderation, while at the beach with beautiful wife and kids. How about you?
Hitler was a far left (*Nashonal Soshalist Workers Party), and that is why you are totalitarian fascist just like Hitler. I hope it is clear enough for you.

*purposeful anti-moderation spelling.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

I’m going to need those crayons, aren’t I? LOL.

Plandemic, Scamdemic
Guest
Plandemic, Scamdemic

If you say so, and if they will help with your condition, go crazy.