Items

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  2020-03-18

  All Things Will Pass

  On this day, I recall watering my succulent and staring out the window with grave uncertainty of what was to come and utter confusion as to what exactly was happening. The stock market had just crashed andante pumped back up within minutes and the news was flooded with death and infection rates rising as people began clamoring for grocery stores to hoard supplies. The past two years living through COVID has felt somewhat like the process of the Calvin Cycle that kept my succulent in this photo nice and healthy. Although it is nearly impossible to articulate what life has been like or what was observed over the last two years, one great lesson I gained is the understanding that nothing is forever. It is all temporary. As I watered my plant with sheer emptiness and mentally checked-out due to the shock of the situation at the time, I began thinking about the Calvin Cycle process that my succulent or any plants outside would go through as my species was in dire panic. The world seemed to have stopped and sped up over night, but life itself remained to be what it was. Then the thought occurred to me. All things will pass. Living through COVID the last two years has seen work-from-home jobs rise to masses. I left one job to work at another and found that this was the worst comfort and behavior our species grew to become adapted to. For once, it has made us disconnected from reality and from each other. By being disconnected, it creates an issue of empathy and connection. The mantra of "connected while away," was shared everywhere when COVID first came about, but two years later, this has become the opposite. An example of this was observing many downplay the deaths of people from the virus, yet become very emotional once it was one of their family members. This could be viewed under a quick search on Google for the Reddit page of "Herman Cain Award." Bringing this page up primarily serves to show that both sides of the COVID discourse became contradictory as both sides were insensitive toward death. Was it due to being separated? I'll allow you to consider this. Another interesting point observed during COVID was the rise of irrational spending and mass speculation. Alan Greenspan once called the mass speculation a product of "Irrational Exuberance." The premise of this best serves that of investing as it describes the investor enthusiasm which drives asset prices higher than they are worth. However, the same could be viewed through the grocery hoarding of toilet paper or food where people became highly speculative of how long thee lockdowns would be. This was also indicative of the housing bubble 2.0 in which the Federal Reserve opened massive quantitative easing and opened cheap lines of credit for many. The result created more greed as people began hoarding one of the basic needs of our species in housing. How can a species feel righteous commoditizing shelter? The answer is irrational exuberance. Unfortunately, the result of the quantitative easing has created a massive issue where as the time I type this, the 1Q GDP results of the United States is at -1.4% and the inflation rate is at 8.5%. The Irrational Exuberance may be spelling the end of this decade's journey of cheap credit as it appears we are now headed for another Recession the next quarter. However, despite all of this irrational exuberance and the great stress these past two years have brought, I can no longer complain. I have adopted and accepted the Stoic philosophical belief that we must care for our neighbors as this will all pass. History has proven to be very biased when thinking in retrospect, but I hope my current peers use this to improve the future. ....... also, I never mentioned the protests, presidential change, food shortages in Sri Lanka and Peru, or how we have a dollar shortage crisis that nobody is talking about. All things will pass.
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  2020-12-01

  Nova Scotia government has spent $580M so far responding to the pandemic

  This article details how much money the government of Nova Scotia allocated to different sectors of the Nova Scotian economy during the pandemic.
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  2020-12-04

  NP View: How Justin Trudeau killed the balanced budget

  An article talking about national debt and speculating that the pandemic has changed attitudes towards national finance.
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  2020-12-06

  Canada's Biggest Spends on Covid-19 Relief

  Flow chart summarizing Canada's Covid-19 relief.
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  2020-11-12

  Quebec's $1.5 billion Plan to Restart Economy

  Quebec has been one of the hardest hit provinces during the pandemic. This plan hopes to revitalize the economy by investing in workers, "buy local" initiatives, and research. This will also come with a deficit for next couple of years.
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  2020-04-29

  Tourism drops in Arizona due to COVID-19

  Due to the coronavirus people are not allowed to travel which as hurt the tourism market