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Economy and cyclists

Old 06-01-20, 09:15 AM
  #1  
alanf
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Economy and cyclists

Just got this from a friend, in an email......


Subject: Economy and cyclists

Sanjay Thakrar, CEO at Euro Exim Bank Ltd. got economists thinking when he said “A cyclist is a disaster for the country's economy - He does not buy the car & does not take a car loan - Does not buy car insurance - Does not buy Fuel - Does not send his car for servicing & repairs - Does not use paid Parking - Does not become Obese - Yes,.....and well, damn it !!
Healthy people are not needed for the economy. They do not buy drugs. They do not go to Hospitals & Doctors. They add nothing to country's GDP.

On the contrary, every new McDonald outlet creates at least 30 jobs - 10 Cardiologists, 10 Dentists, 10 weight loss experts, apart from people workingin McDonald’s outlets. Choose wisely: A Cycle or a McDonald ? Worththinking”

PS. walking is even worse. they do not even buy a bicycle.
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Old 06-01-20, 09:51 AM
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Hmmmm...
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Old 06-01-20, 02:26 PM
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I can hear Steven Tyler singing: "Eat the rich! There's only one thing they're really good for!!!"

Elf that one percenter
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Old 06-03-20, 06:59 AM
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Don't worry. Once more and more people get back to working on a daily basis, all these pandemic cyclists will not have, or find, the time to ride as much if at all.

I for one have had a harder time getting my riding time in since my work has picked up.
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Old 06-03-20, 05:55 PM
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Notice how he considers hospitals and doctors as part of the economy.

F him and his GDP.
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Old 06-03-20, 07:44 PM
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Originally Posted by Nyah View Post
Notice how he considers hospitals and doctors as part of the economy.

F him and his GDP.
Well, it's 18% of the U.S. economy and one of the fastest growing segments. Just saying.
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Old 06-03-20, 09:20 PM
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Profiteering off of people's lives. Just saying.
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Old 06-03-20, 09:24 PM
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Oh, and that 18-percent of "the economy" is the health insurance companies. A business model of making profit by refusing to pay for procedures and other care. Just saying.
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Old 06-04-20, 05:05 PM
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Originally Posted by Nyah View Post
Oh, and that 18-percent of "the economy" is the health insurance companies. A business model of making profit by refusing to pay for procedures and other care. Just saying.
Sounds like you don't have health insurance, either. Welcome to the club.
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Old 06-04-20, 05:18 PM
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Originally Posted by Nyah View Post
Profiteering off of people's lives. Just saying.
Sadly, that's capitalism. Gotta satisfy those shareholders.
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Old 06-04-20, 05:19 PM
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None of what he speaks of is necessarily bad for the economy. It may alter the status quo by redirecting spending but that can arguably lead to greater economic growth as the shift increases activity. Large and very rapid change can create short term problems, but generally speaking change is good.
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Old 06-04-20, 05:42 PM
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[QUOTE=alanf;21509061]Just got this from a friend, in an email......

Subject: Economy and cyclists

Sanjay Thakrar, CEO at Euro Exim Bank Ltd. got economists thinking when he said “A cyclist is a disaster for the country's economy ....

hahaha ...for me, wealthy persons who travel a lot on subsidized flag airline, running a "sucessful business" that enjoy monopoly and protected from competition are the real economic vampires....who suck the blood of others, poorer tax payers.
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