Fragile Bird

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About Fragile Bird

  • Rank
    The past is a foreign country
  • Birthday 09/16/1954

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  • Gender Female
  • Location Toronto
  • Interests cairn terriers, lawyer jokes, trying to get LLL to write poetry

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  1. The Magicians - SyFy

    Ok, what happened there?  I assume that wasn't Charlie, but the Beast?  Or was it really Charlie, but he's in the thrall of the Beast?
  2. Acrophilia #11: Players needed

    I'm baaaaaaaack...
  3. The Magicians - SyFy

    Dr. Pepper,   I added the spoiler, because I realized even saying that little might be too much.
  4. The Magicians - SyFy

    Since I haven't read the books, I looked up the description on Wikipedia, and I assume this  show will be like all other book-to-film/tv conversions, the basic outline will be similar but there will be changes, some substantial ones, to meet the demands of the media and the vision of the producers. Like cramming in a huge amount of stuff in the first week or two of school instead of over a couple of years.
  5. I also voted.  Does that freeze the price of my membership, or will it go up for me if I don't pay the balance now?  The amount I paid when I voted isn't all that has to be paid, right? I paid for KC at Spokane, so that's out of the way already. ETA:  From Pebble's post above, I assume I need to pay 60 Euros.
  6. Cra-Cra-Craaaaaaazy Weather!

    That is an impressive amount of snow.... Glad you have your power, glad to see blue skies overhead.   
  7. U.S. Politics: Blame it on Canada!

    Back to the topic of oil, for a moment.  I would point out that most of the oil producing nations around the world have Sovereign funds, where they have stashed away profits from their oil industries.  The money is invested in stocks and bonds.  All of these countries have budgets, with money flowing out to pay for social services, education, infrastructure etc, everything you need to run a country.  In recent years all the money in their budgets came from oil royalties or sales and the excess went into the Sovereign funds. While the Saudis, or OPEC, may originally have lowered prices to shake out high-cost oil producers in North America, they also did it punish Russia, which relies heavily on oil revenues.  American oil producers might have been upset as the price of oil started falling last year, but I think the US government was keeping quiet on the topic but purring like a happy cat in the corner.  But, as was mentioned on the previous page, whatever their motivations were then, they've lost control of oil prices since.  The slowdown in China is having the biggest impact. In the meantime, it goes without saying that you make a lot more money at $120 a barrel or even $70 a barrel than you do at $27 a barrel.  You don't make enough money to pay for your country's budget, so in some countries you ramp up oil production, even if you are practically giving it away.  And the countries with healthy Sovereign funds start selling their stocks, because you need the money.  The financial press has reported that billions of dollars of company shares are being sold every day by Sovereign funds.  The stock market has been strongly correlated with the price of oil in this market correction, and won't recover until the price of oil recovers.  In the meantime, many of the players in the Middle East still don't care - for one thing, this means Iraq will be selling off it's oil in storage at the lowest prices, and they don't like Iraq. The US is basically at full employment right now.  Full employment happens at the end of a cycle, and eventually the country will head towards a recession, but it's not going to happen any time soon with low interest rates, low inflation and low energy costs.  IMO anyway.
  8. I'm sort of bemused by these comments.  I view this as a normal market correction that still has a way to go. Markets 'correct' by about 10% [technically, corrections run between 10% and 20%] every couple of years, strongly correct anywhere from 5 to 15 years apart, and a depression occurs about every 80 years.  We had the worst market in 2009 since 1929.  The market high close on October 9, 2007 was 14,164.53, and the market dropped 7,657.49 points to hit a low of 6,507.04, on March 9, 2009.  That was a drop of about 54%. A bear market is a market that falls 20% [or more]  The Dow Jones market high close was 18,312 on May 19, 2015.  That means the Dow went up 11,805 points, almost 280%, from the 2009 low.  A 20% drop would be 3,662 points, or down to 14,650.  Right now the Dow is at 15,739, so the market could very well drop more than another thousand points and be well within a normal market correction.  And bear markets don't necessarily stop at 20%. In the last 80 years we have had 10 bear markets, and the average drop is 33% (which would be about 6,000 points off of 18,312) and on average took 490 days to get down to the low, 15 months.  So people are predicting we will have a volatile market all year long.  The bear then took an average of 22 months to fully recover.  ie. 2019. Such is life. ETA:  I had to try three different browsers to post, and Chrome cut me off after 3 sentences.  Am using Firefox, for those of you having problems as well.  
  9. David Bowie... reported deceased.

    I'm just watching a series of interviews and short documentaries about David Bowie, and he told one interviewer that every artist has a bad period.  The worst years of his life, he said, was the period from 1984 to 1988.  He didn't know what he was doing or where he was going and everything he did was crap. I saw him on the Glass Spider tour in 1987.  I am humbled to think I saw him at his worst.
  10. U.S. Politics: Blame it on Canada!

    But of course!      
  11. Sorry, I had to start this thread, with Trump's response to Cruz to go back to Canada and Cruz's dilemma. Carry on!
  12. Actually, not only Enron but stocks like Procter and Gamble as well.  I remember reading a business story about how they invested company pension assets in P&G stock only (and, maybe, some super safe money fund that paid virtually nothing) and had a very restrictive stock option plan where people who got stock could not sell the stock unless they retired or left the company, and, iirc, if they left the company they lost a lot of their shares.  In March of 2000 the stock fell from $58 to $26 on bad news, so if you retired that year and were expecting to live on your company pension and your stock, half your pension was wiped out.  Still not as bad as Enron, but pretty grim if your annual pension one day was $20,000 and less than $10,000 the next.  The stock has fallen sharply twice since then, I hope they changed their pension plan rules.  https://www.google.ca/webhp?sourceid=navclient&ie=UTF-8&gws_rd=ssl#q=procter+and+gamble+stock+price Never put all your eggs in one basket.
  13. Alan Rickman RIP

    I loved him in every role he played. But he will always be Severus Snape.
  14. Secret Santa X...Gift are arriving from all over the World!

    Your gifts sound wonderful, but as has been mentioned, I was rocksniffer's SS.  And in case you haven't seen everything in TTTNE, congratulations Momma Koba and Kobababy!  And I must find this Man Bites Dog card game!