https://www.youtube.com/watch?v=dUoJydVaF4E
It sounds like an absurd "let them eat cake" question, but the majority of Canadians live in cities where the average single family home costs ONE MILLION DOLLARS or more, and taxes are very high. You get into your million dollar home, you pay your 8,000 or 10,000 annually in land taxes on top of the 50% income taxes, you're paying high food costs, high insurance costs, high energy costs, some of the highest Internet and cell phone prices in the world, and before long you're looking at six figures just to have a basic life.
The Trudeau government wants to blame everyone but themselves, but if you look at every single election campaign, they throw more incentives at buying a home, as if they aren't just raising the costs of an individual home in doing so.
More of the Canadian economy is selling crappy houses to each or surrounding services other than manufacturing. Not by a small amount.
If inflation doesn't get in check, then mortgage rates are going to continue to rise, and a lot of people who were relying on the government to continue keeping interest rates low forever are going to discover that with interest rates being what they are there is no mortgage term long enough where they can ever pay back their house. At the 1% some mortgages were coming out at, your monthly payment for 900,000 of debt over a whopping 30 years is about 2800/month. At the current rates of about 6%, that rises to 5300/month. At the historical average prior to the great recession of about 9%, payments work out to about 7100 monthly. Accounting for tax, 7100 monthly is a six figure job just to pay that. You'd already be spending almost two dollars in interest for every dollar in principal.
It sounds like an absurd "let them eat cake" question, but the majority of Canadians live in cities where the average single family home costs ONE MILLION DOLLARS or more, and taxes are very high. You get into your million dollar home, you pay your 8,000 or 10,000 annually in land taxes on top of the 50% income taxes, you're paying high food costs, high insurance costs, high energy costs, some of the highest Internet and cell phone prices in the world, and before long you're looking at six figures just to have a basic life.
The Trudeau government wants to blame everyone but themselves, but if you look at every single election campaign, they throw more incentives at buying a home, as if they aren't just raising the costs of an individual home in doing so.
More of the Canadian economy is selling crappy houses to each or surrounding services other than manufacturing. Not by a small amount.
If inflation doesn't get in check, then mortgage rates are going to continue to rise, and a lot of people who were relying on the government to continue keeping interest rates low forever are going to discover that with interest rates being what they are there is no mortgage term long enough where they can ever pay back their house. At the 1% some mortgages were coming out at, your monthly payment for 900,000 of debt over a whopping 30 years is about 2800/month. At the current rates of about 6%, that rises to 5300/month. At the historical average prior to the great recession of about 9%, payments work out to about 7100 monthly. Accounting for tax, 7100 monthly is a six figure job just to pay that. You'd already be spending almost two dollars in interest for every dollar in principal.
Still lots of shortages of lots of stuff.
Baby Tylenol is literally rarer than gold. You can buy gold right now.
Baby Tylenol is literally rarer than gold. You can buy gold right now.
Anyone else want to give up their computer so they can let a regime that opposes everything we stand for can build more data centers instead?
Me neither.
Me neither.
Ironically, the people who most need desperate sluts in their area probably use ad blockers...
It's really worth a thought just about everywhere. For the millions of dollars spent on proprietary solutions, not only could open source projects be refined into something as good or better than proprietary solutions, but that would become a public good everyone on earth would benefit from.
It's insane how badly Microsoft has managed Windows since Windows 8. There's disaster upon disaster upon disaster, stuff that has been fundamentally broken for a decade.
I guess in a sense it shows how powerful OS monopolies can be, that people can have products that don't work properly for so long and it doesn't materially affect their market share.
I guess in a sense it shows how powerful OS monopolies can be, that people can have products that don't work properly for so long and it doesn't materially affect their market share.
Jesus no kidding! I'm imagining a game where you get two or three layers deep into games within games and everyone gives up and goes to play mario kart instead.
Imagine pretending to be Latino and not knowing the difference between libre and gratis
Imagine working for somewhere that won't exist in 6 months and this is your resume building.
"I've got good news and I've got bad news. The good news is that we've prescribed some drops for your cough. The bad news is that you can never get married now"
"But I don't understand what this has to do with my cough..." "Everything! Hurry before it's too late, or I'll send you away and we won't be able to do anything about your cough!"
I sort of want to create a new website, FBXL Fact Check where we fact check basic facts about the world.
Fact check: No, the sky is NOT blue
Fact check: No, water is NOT wet
Fact check: No, 1+1 does NOT equal 2
And each one of them would start with the line "While it is true that [thing I just said was not true]"
Fact check: No, the sky is NOT blue
Fact check: No, water is NOT wet
Fact check: No, 1+1 does NOT equal 2
And each one of them would start with the line "While it is true that [thing I just said was not true]"
Fog of proxy war, so you can't trust anything either of them say, but it would be funny as hell if that was true.
That cuts both ways. I've seen a lot of longstanding communities lately where a few people show up, declare themselves the new kings, that their way of doing things is the way things are done now, and not a whole lot changes because why would it? If you're entering a space inhabited by a bunch of people, it is sensible to expect you to become a part of it, but not come to dominate it necessarily.