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Dumbass Questions - oldviolin - May 31, 2020 - 8:35am
 
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Index » Internet/Computer » The Web » Economix Page: 1, 2, 3 ... 197, 198, 199  Next
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R_P

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Posted: May 27, 2020 - 10:40am

Human capital stock
haresfur

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Location: The Golden Triangle
Gender: Male


Posted: May 26, 2020 - 3:39pm



 miamizsun wrote:


so this isn't a free market?

i'm gobsmacked!
 

I've come to think that the fundamental problem is that the wealth has been concentrated to the point that a few people end up with so much more money than they have investment opportunities. The amount of money is so far beyond what they need, that the risk vs reward calculations are fubared. Why not pour venture capital into dodgy tech startups that are unlikely to turn a profit? You might get lucky and they might look good enough later for you to sell at a profit. If not, write it off and no big deal. Why not bet on 00?
miamizsun

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Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: May 26, 2020 - 1:35pm

 black321 wrote:
I'm not saying the system's rigged, but the dice are loaded
 

so this isn't a free market?

i'm gobsmacked!
black321

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Location: An earth without maps
Gender: Male


Posted: May 26, 2020 - 10:54am



 rgio wrote:


 black321 wrote:
Quote on CNBC today:
"I can't think of a more dystopic end to 2020 then new record S&P 500, and unemployment of 10-25%"
 
No small business competition....no office space....fewer employees...all good. 

Come October....with 20 Million out of work and still no safe way to hug your grandparents...."the greatest recovery in the history of the world".
 

I'm not saying the system's rigged, but the dice are loaded
rgio

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Location: West Jersey
Gender: Male


Posted: May 26, 2020 - 9:26am



 black321 wrote:
Quote on CNBC today:
"I can't think of a more dystopic end to 2020 then new record S&P 500, and unemployment of 10-25%"
 
No small business competition....no office space....fewer employees...all good. 

Come October....with 20 Million out of work and still no safe way to hug your grandparents...."the greatest recovery in the history of the world".
black321

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Location: An earth without maps
Gender: Male


Posted: May 26, 2020 - 9:15am

Quote on CNBC today:
"I can't think of a more dystopic end to 2020 then new record S&P 500, and unemployment of 10-25%"
kurtster

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Location: drifting
Gender: Male


Posted: May 21, 2020 - 12:15pm

 R_P wrote:
 
And?
 
Just wondering.
R_P

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Posted: May 21, 2020 - 12:14pm

 black321 wrote:
2+ months into covid and another 2M jobless claims this week, total over 38M filed.
Unemployment likely now over 20%.
US expected to borrow over $4.5T this year.
State deficits ballooning
Fed balance sheet over $6T, and to swell to over $10T by FYE
1/3 of main street retail dont expect to reopen
Stock market recovering nicely....boosted by big tech and other large caps that not only will survive covid but thrive
Bond markets, which better reflect the real economy, still with historical low rates...10 year bond still below 1%, indicating rates expected to remain low as the economy struggles at least through 2021


R_P

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Posted: May 21, 2020 - 11:52am

 kurtster wrote:
Hmmm.  Something bugging you ?  You posted this yesterday in the CV 19 thread.
 
And?
kurtster

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Location: drifting
Gender: Male


Posted: May 21, 2020 - 11:44am

 R_P wrote: 
Hmmm.  Something bugging you ?  You posted this yesterday in the CV 19 thread.
R_P

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Posted: May 21, 2020 - 10:55am

The Communist party will survive Covid-19
miamizsun

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Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: May 21, 2020 - 10:00am

 Proclivities wrote:


 miamizsun wrote:


{#Wave}

...there is a very popular belief that the world is going to hell in a hand basket (after watching the news, i think it is the default position)

doom sells and bad news leads for sure, this is not to say that we do not have some huge challenges (we do and we always will)


...
just be prepared for some push back if you point good news out
{#Umbrella}
 
Of course there are always huge and sometimes terrifying challenges, and these immediate ones are very frightening, especially with the uncertainty, but yes, the old "hell-in-a-handbasket" or the "end-is-near" belief is a constant - at least throughout most of the 20th Century.  Think of what people lamented about during each decade.  Pessimism, fatalism, and nihilism are always popular poses - they can make one seem all-knowing, distant, and cool.

 
man i just got some super spiffy sneakers in the mail (really)

which way to the mothership?
rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: May 21, 2020 - 8:27am



 black321 wrote:
2+ months into covid and another 2M jobless claims this week, total over 38M filed.
Unemployment likely now over 20%.
US expected to borrow over $4.5T this year.
State deficits ballooning
Fed balance sheet over $6T, and to swell to over $10T by FYE
1/3 of main street retail dont expect to reopen
Stock market recovering nicely....boosted by big tech and other large caps that not only will survive covid but thrive
Bond markets, which better reflect the real economy, still with historical low rates...10 year bond still below 1%, indicating rates expected to remain low as the economy struggles at least through 2021

 
But I did save 15% on car insurance this month!

Good thing we were only running at $1Trillion deficit/year during the "Greatest Economy Ever".   {/snark}

Now the Democrats are going to have to raise taxes following the Republican "blue light specials"...and in a few years they'll be back to complaining we need a balanced budget and lower taxes.    Round and round......

black321

black321 Avatar

Location: An earth without maps
Gender: Male


Posted: May 21, 2020 - 8:12am

2+ months into covid and another 2M jobless claims this week, total over 38M filed.
Unemployment likely now over 20%.
US expected to borrow over $4.5T this year.
State deficits ballooning
Fed balance sheet over $6T, and to swell to over $10T by FYE
1/3 of main street retail dont expect to reopen
Stock market recovering nicely....boosted by big tech and other large caps that not only will survive covid but thrive
Bond markets, which better reflect the real economy, still with historical low rates...10 year bond still below 1%, indicating rates expected to remain low as the economy struggles at least through 2021

Proclivities

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Location: Paris of the Piedmont
Gender: Male


Posted: May 6, 2020 - 12:11pm



 miamizsun wrote:


{#Wave}


...there is a very popular belief that the world is going to hell in a hand basket (after watching the news, i think it is the default position)

doom sells and bad news leads for sure, this is not to say that we do not have some huge challenges (we do and we always will)


...
just be prepared for some push back if you point good news out
{#Umbrella}
 
Of course there are always huge and sometimes terrifying challenges, and these immediate ones are very frightening, especially with the uncertainty, but yes, the old "hell-in-a-handbasket" or the "end-is-near" belief is a constant - at least throughout most of the 20th Century.  Think of what people lamented about during each decade.  Pessimism, fatalism, and nihilism are always popular poses - they can make one seem all-knowing, distant, and cool.

sirdroseph

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Location: Yes
Gender: Male


Posted: May 6, 2020 - 9:56am

 miamizsun wrote:


{#Wave}

haresfur's instructor is correct (basic property/human rights with access to energy, technology increases production/education = women coming out of the house into careers)

or something similar

there is a very popular belief that the world is going to hell in a hand basket (after watching the news, i think it is the default position)

doom sells and bad news leads for sure, this is not to say that we do not have some huge challenges (we do and we always will)

however there is quite a bit of measurable human progress

have a look at our world in data (like hans rosling and steven pinker among others have pointed this out)

just be prepared for some push back if you point good news out
{#Umbrella}
 
We don't take kindly to good news round here.  Now, now Skeeter settle down.{#Cowboy}
miamizsun

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Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: May 6, 2020 - 9:29am

 cc_rider wrote:


 haresfur wrote:

for what it's worth, my sociology prof argued the reverse. Get people into a secure economic situation and they will limit their reproduction.
 
 Unfortunately the number of people/families in secure situations, all over the world, has dropped considerably. Forget COVID-19, it's been happening for decades.
c.

 

{#Wave}

haresfur's instructor is correct (basic property/human rights with access to energy, technology increases production/education = women coming out of the house into careers)

or something similar

there is a very popular belief that the world is going to hell in a hand basket (after watching the news, i think it is the default position)

doom sells and bad news leads for sure, this is not to say that we do not have some huge challenges (we do and we always will)

however there is quite a bit of measurable human progress

have a look at our world in data (like hans rosling and steven pinker among others have pointed this out)

just be prepared for some push back if you point good news out
{#Umbrella}
cc_rider

cc_rider Avatar

Location: Bastrop
Gender: Male


Posted: May 6, 2020 - 8:44am



 haresfur wrote:


 westslope wrote:


 

for what it's worth, my sociology prof argued the reverse. Get people into a secure economic situation and they will limit their reproduction. I think you need access to birth control, abortion, health care, and aged care along with economic security. If the one child program was an aspirational policy, not a rule, it would be ok.

Overall, I believe there is less misrepresentation of the crisis in China than there is in the USA.
 
That theory has well-established empirical evidence to back it up. Unfortunately the number of people/families in secure situations, all over the world, has dropped considerably. Forget COVID-19, it's been happening for decades.
c.

black321

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Location: An earth without maps
Gender: Male


Posted: May 5, 2020 - 12:01pm



 kurtster wrote:

The US Treasury is set to borrow about $3 trillion dollars between now and July.

We'll have to see how much China, and anyone else for that matter, is willing to pony up towards that.
 

at less than 1%...but it will be ok, the fed will step in and buy all you can print.
kurtster

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Location: drifting
Gender: Male


Posted: May 5, 2020 - 8:26am

 Lazy8 wrote:

In the past we were able to borrow the money we squandered, then borrow more to pay it back. Mostly from China.

But China's got problems of its own right now. Uncle Sugar is on his own.
 
The US Treasury is set to borrow about $3 trillion dollars between now and July.

We'll have to see how much China, and anyone else for that matter, is willing to pony up towards that.
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