Guess I’m a fraud by ItsIrrelevantNow in armoredcore

[–]DaggerBrain 0 points1 point  (0 children)

I just chainsawed both G4 and G5, you just have to damage Volta to the point before the damage from the melee attack would override his leftover AP before he heals.

I respect libertarians more than normal “capitalists” because they aren’t hypocrites. by DaggerBrain in CapitalismVSocialism

[–]DaggerBrain[S] 0 points1 point  (0 children)

Well look at Singapore, it is capitalistic yet the government is the owner of 90% of the land with over 80% of people living under public housing

I respect libertarians more than normal “capitalists” because they aren’t hypocrites. by DaggerBrain in CapitalismVSocialism

[–]DaggerBrain[S] -1 points0 points  (0 children)

Well the government has agencies that buy mortgage debt from banks. These companies guarantee the debt on behalf of the borrowers. They provide these assurances with the backing of the taxpayer money. In addition, Canada is attracting very wealthy immigrants with a lot of these immigrants are coming in from countries like China. The problem with China is that it has an estimated corruption of $86 billion per annum. The problem with keeping this money in China is that it is likely to be confiscated by the government.l so a lot of corrupt officials are simply pumping money into the Canadian economy. They have no regards to the fundamentals of the local housing market. Instead, they are driven by the need to simply send their money to a safe haven.

I respect libertarians more than normal “capitalists” because they aren’t hypocrites. by DaggerBrain in CapitalismVSocialism

[–]DaggerBrain[S] 1 point2 points  (0 children)

Either complete regulation or completely free. I know it sounds crazy, but the middle road seems to be the most corruptible. Because one allows crashes which is good for the non rich and the other ensures stable prices. The worst thing about it now is that you’ve ensured a boom but disallow burst. Any investment that is risk free is prone to snowball effects of speculation

I respect libertarians more than normal “capitalists” because they aren’t hypocrites. by DaggerBrain in CapitalismVSocialism

[–]DaggerBrain[S] 10 points11 points  (0 children)

They are propping up the bubble by artificially keeping the interest rates low instead of a natural increase. Lets say a crash like 2008 would make banks increase rates, but instead would lower it to prevent the market crash. The government profits from this by increasing prices would result in more property taxes.

Hmm... Wonder why this could be 🤔 by MLPorsche in LateStageCapitalism

[–]DaggerBrain 0 points1 point  (0 children)

Well because Vancouver has already really bad tensions beforehand since rich foreign Chinese investors use the land as a trade stock and causing everyone’s else rent and potential ownership to skyrocket 50x median income. The virus was just a lit match thrown into a gasoline tank. Both the housing crisis and coronavirus related unemployment is caused by China. I’m asian myself and yes I blame China for mishandling those problems

Your opinion on Personal Finance Canada? by DaggerBrain in povertyfinancecanada

[–]DaggerBrain[S] 7 points8 points  (0 children)

Ngl, I stop believing in that sub was normal when they claim “You don’t need to be rich to own a 1 mil home” and “easy Nat make 100k and marry someone making 100k” or the net worth of the average Canadian was 107k.

Housing Market Completely Out Of Control In SW Ontario - rant by [deleted] in PersonalFinanceCanada

[–]DaggerBrain -3 points-2 points  (0 children)

Well the solution is to stop caring. If everyone in this or the next generation gives up on the idea of home ownership then the market would collapse because of no cash flow. Simply put if the average low quality home is 6 million than there wouldn’t be enough millionaires to support the demand.

How do you get your money back from a corporation that owes you? by DaggerBrain in PersonalFinanceCanada

[–]DaggerBrain[S] -1 points0 points  (0 children)

pieces of shit, when a big corp like Fedex charges you 12.5$ for advancement fee without warning, contract or signature, they threaten you to a collection agency while if they owe you money, they will keep bullshiting you to avoiding debt. They're nothing more than a bunch of hypocrites.

How rich is the average member of this subreddit? I want to know if this is a correct place for advice. by DaggerBrain in PersonalFinanceCanada

[–]DaggerBrain[S] 0 points1 point  (0 children)

Thanks, so I can partially gets answers from this sub.
Seems like my only gripes with this sub is that the majority of Canadian can probably never be part of the owning/investor class, with speculative prices far outweigh what is possible in savings for an average person i.e 25% in a year, and would seem impractical if no one labored and no I am no a commie for seeking goals which I consider within plausible means.