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End of The Runway and not enough power to lift off

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  • sawfly
    Senior Member
    • Mar 2005
    • 876

    #61
    where does a person want to be?

    do i have even the basics right ?

    money keeps being printed to forestall
    the collapse of the economic house of cards.
    debts that cannot possibly be serviced.
    this devalues the paper money
    and inflation makes your savings worthless.

    are we already getting to the point
    where you had better spend it before it is drops more.
    or will cash be king for a day or two
    before the end?

    now the reset.
    what is it going to look like?
    is it the 30s. no money or credit anywhere, and the economy stalls .
    and the only way to have demand restarted is by public works
    or war.

    or is it totally different?






    should we be attempting to realize
    the capitol gains on land. now instead of later.

    so that when govt.s need $
    they could simply change the rules.

    Comment

    • Richard5
      Senior Member
      • Jan 2014
      • 469

      #62
      Sawfly, use your capital gains on everything but land

      Your land capital gain always has special tax treatment plus all the rollover provisions so long as you meet the requirements

      Comment

      • sumdumguy
        Senior Member
        • Mar 2007
        • 12018

        #63
        I suspect that nice $1 million capital gains exemption for farmers could be in jeopardy if Canada needs to bulk up the taxes, but I can't say I know that for a fact.

        Comment

        • BTO_farmalll
          Senior Member
          • Mar 2014
          • 558

          #64
          Ya, Well, I Can,,,,,,


          And Say Goodbye To PST Exemption Cross da Board!!!!!!!


          #CashCow

          Comment

          • wakopa
            Senior Member
            • Feb 2011
            • 408

            #65
            capital gains exemption will stay.

            Comment

            • sumdumguy
              Senior Member
              • Mar 2007
              • 12018

              #66
              Nothing goes up indefinitely. Why would anyone think the economy would be any different?

              Comment

              • biglentil
                Senior Member
                • Jun 2015
                • 3293

                #67
                money supply sure does its around 20 times that of 1980.

                Comment

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