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14 Oct 2014 12:48 #218395
by ketchim
1 cdn $ = 245 Guyana
that 650 sq ft Condo is 350K Cdn.
How many Guyana dollars ...???
350, 000 x 245 = 85 million , 750 thousand $$$$ !
ramesh , juss withdraw that from your Co op bank on Broad street and come T.O. ::LOL::
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mapoui
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14 Oct 2014 12:56 #218397
by mapoui
I know man. I have a few.
they have built deliberately a speculator's wonderland.
they stopped building regular rental housing in the city and created rental housing by condo building. it is an investors heaven..from construction, to manufacture of construction materials and parts, appliances and all manner of related fabrications. it is like Brave New World..people ensconced in small apartments single and separated from each other..no community organic connections...and money like peas for those who conceived the nightmare
the money is no centralized also..concentrated in a few hands. and when that happens hey can conceive of these massive projects which in truth are very centralized and homogeneous, calculated to make us all the same over time. but they depend on capitalist success to keep going. however the contradictions of capitalism are fully ripe and will work out in ways that will see it all crash. so we will either get a police state at least for a time..we have the police state already..and soon or late total social collapse.
get a house on the ground. that's the best bet.
you will have to get those condos for literally nutten for them to be ultimately worthwhile ketchim
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14 Oct 2014 13:03 #218399
by ketchim
The problem is REAL buyers do not wanna OWN where there is 75% Tenants.
A popular question : " what is the ratio of transient tenants to Owners" ?
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14 Oct 2014 13:04 #218400
by ketchim
Too Late : all the building permits have been issued : City coffers are overflowing !
Cranes and Construction equipment all over Downtown...
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mapoui
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14 Oct 2014 13:07 - 14 Oct 2014 13:57 #218402
by mapoui
Detroit is the perfect example Ramesh. but ti will be worse up the road for all cities.
I am talking about Toronto. there are relatively no black people here..95% white. where will they flee to?
all that exists has been built with them as the central actors. this world is theirs. there is no where to run..they will be here but yet it will collapse
if there are no profits, no economic expansion the system collapses. they have to maintain at least the illusion of profits, or create it from thin air if they must. don't you see the huge game profit making has become. its an illusion. there are no more profits. that is why they created the huge derivatives scheme..and continue to make bubble on bubble. deh have to.
its all on the books as profits but its thin air. if the 'correct correction' ::LOL:: takes place, all the wealth in the world will evaporate overnight. all who have precious metals and get this... LAND! will be okay. that is why they are gobbling up all the farmland in the world, buying out Africa from under the people, in Guyana etc., buying up all the land.
LAND HAS BECOME THE GREAT HEDGE! THERE IS MORE LAND THAN PRECIOUS METALS.
allyuh better be careful allyuh still have a country when all this is done
Last edit: 14 Oct 2014 13:57 by mapoui.
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mapoui
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14 Oct 2014 13:16 - 14 Oct 2014 13:24 #218408
by mapoui
CAPITALISM IS RIPE..ITS BASIC CONTRADICTIONS COME HOME TO ROOST. NO MORE REAL EXPANSION IS POSSIBLE SO THEY HAVE BUILT A FANTASY OF PROFITS....
THEY ARE UNDER VAST PRESSURE FROM TECHNOLOGICAL ADVANCE. THEY CAN MAKE PROFITS IN PRINCIPLE FROM THE APPLICATION OF TECHNOLOGY TO REPLACE HUMAN LABOUR..TO ROBOTIZE WORK. BUT HOW DO THE PEOPLE EARN A LIVING TO SPEND IT ON THEIR NEEDS TO KEEP CAPITALISM GOING IF THEY HAVE NO WORK ::confused:: ::confused:: ::confused:: ::confused::
when a system, a process ripens and its done, then all the mystery is cleared up..the equations become known, understood, simple indeed. the the current simplicity is..what to do with the people ::confused:: ::confused:: ::confused::
EBOLA ANYONE ::confused::
Last edit: 14 Oct 2014 13:24 by mapoui.
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mapoui
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14 Oct 2014 13:56 #218415
by mapoui
did I kill my own thread with too much falutin big talk ::confused:: ::confused::
sorry guys! i just ranted on too much looking fuh revolution
sorry! :-[ :-[ :-[
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