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  WHAT will replace it? (money & finances)
Posted by: DaveGillie - 09-20-2020, 11:13 PM - Forum: Markets, Money & Investing - Replies (1)

seems everyone loves to attack current money and our financial system.

NOBODY seem to want to predict what it's replacement could possibly be
other than a few saying the money will be "gold or gold backed".




Here's my prediction,
US Money will continue to be FIAT - even if it moves towards being digital.
(gold as money will suffer the same fate as the zillions of times it's been tried all over the world for over 50 years)



our financial system will continue to be basically 
neo-corporatism or social democratic corporatism
https://en.wikipedia.org/wiki/Corporatism
economic and political system controlled by corporations or corporate interests
https://en.wikipedia.org/wiki/Corporatocracy
(hurting the economy and feeding Govt lots of money in exchange for power to continue to destroy small business)



all you who say "NO it WON'T"
ONLY respond with what you envision REPLACING IT.
(which is the only true test of the validity of your claim that things won't continue - which is also why nobody ever tells us what's on the other side).

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  Where is all the Money??
Posted by: DaveGillie - 09-18-2020, 08:47 PM - Forum: Markets, Money & Investing - Replies (10)

Trillions have been created,

WHERE did it go? prices haven't changed much except Stock prices (and really most of that was replacing what disappeared in March)

Velocity is a two sided equation, "how much vs spending" OR  "Simply put, it's the rate at which consumers and businesses in an economy collectively spend money".
I guess we are just not spending??


[Image: Velocityof-Money.jpg]

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  TRUMP TAKES THE LEAD IN POLL
Posted by: andrew_o - 09-16-2020, 08:14 PM - Forum: Politics - Replies (5)

Nolte: National Poll — Donald Trump 47%, Joe Biden 46%

https://www.breitbart.com/politics/2020/...-biden-46/

With the USA now moving out of Covid 19 shutdown we can expect the economy to rebound fast. That will undermine the Democrats even more.

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  Walls for me but not for thee
Posted by: andrew_o - 09-10-2020, 01:02 AM - Forum: Politics - No Replies

The official residence of Democrat Michigan Governor Gretchen Whitmer in Lansing will soon have an eight-foot high, electrified fence surrounding it; the fence and ancillary security upgrades will reportedly cost $1.1 million.

According to the Washington Free Beacon:


Quote:Whitmer, a Biden surrogate, has attacked the idea of using barriers to prevent illegal immigration. She called President Donald Trump’s border wall “costly and ineffective” in February 2017, nearly a week after suggesting that money for the wall would be better spent elsewhere. “$40 BILLION for the wall,” Whitmer tweeted. “Think how many kids that would educate, how many roads, bridges and pipes it would fix.” Whitmer also campaigned against Trump’s wall in 2018, saying, “it is time we get back to building bridges, not walls.”

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  Community guidelines
Posted by: andrew_o - 09-09-2020, 08:48 PM - Forum: Politics - No Replies

The guy's a ginger, which puts me off a bit but what he says is quite good:



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  Trump is so broke......
Posted by: aqua - 09-09-2020, 02:12 PM - Forum: Misc - Replies (2)

.....he even has  the taxpayers pick up the bills for his rape case(s).

https://www.thecut.com/2020/09/justice-d...-case.html

"The U.S. Justice Department has reportedly intervened in a rape allegation against President Donald Trump, an allegation stemming from an incident that predates his term in office. According to the New York Times, attorneys with the DOJ filed a motion to move a defamation suit brought by writer E. Jean Carroll from state to federal court on Tuesday, allowing them to take over as his lawyers in the dispute....."

[Image: FCNU56Y32FCDPAZ4U5MEDF3V2Y.jpg]

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  New York - becoming another socialist hellhole
Posted by: andrew_o - 09-09-2020, 01:38 AM - Forum: Politics - Replies (11)

Like night follows day:

The first few minutes tells us everything. The bald facts.





Meanwhile in California:

Millennial investors in California are fleeing to these 3 tax havens: survey


  • Half of investors under age 40 who are planning to leave the Golden State are fleeing to states with lower taxes, according to data from Wealthfront.

  • These millennials are heading for Texas, Washington state and Colorado.


Millennial investors residing in California are packing their bags for friendlier tax climes.
That was one of the findings from a recent analysis by financial services firm Wealthfront. The company studied more than 200,000 clients, defining millennials as those born between 1980 and 1994.

Half of the young clients who are planning to leave California are fleeing to locales with lower taxes, according to the data.

More than 1 in 3 millennials who are moving from the Golden State are heading to states with no income tax, Wealthfront found.


Meanwhile, 14% of these young investors are leaving California for places with low property taxes.


Wealthfront’s findings are reflective of a larger trend. Last year, a total of 691,145 Californians packed up for other destinations, according to Census data.

More than 86,000 of these individuals wound up settling in Texas, making it the top landing place for people departing California, the Census found.


Living on the Pacific coast comes at a steep cost. California has a top individual income tax rate of 13.3% — the highest in the country, according to the Tax Foundation.

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  Facebook clamping down prior to election
Posted by: andrew_o - 09-08-2020, 08:03 PM - Forum: Politics - Replies (2)

Here we go: Click the image to run the video





and this:

ZUCKERBERG: AMERICANS NEED TO ACCEPT ELECTION RESULT COULD TAKE WEEKS TO BE CONFIRMED

[b]Facebook founder Mark Zuckerberg insists that Americans must get used to the idea that the election result may take “weeks” to be confirmed after voting on November 3.
[/b]
“One of the things that we and the media need to start doing is preparing the American people that there is nothing illegitimate about this election taking additional days or weeks to make sure all the votes are counted,” Zuckerberg told Axios.
He added that the company would begin a “messaging” campaign to convince Americans that such a scenario is “normal.”
Zuckerberg then re-iterated that the company would not allow candidates to announce victory prematurely without it being challenged, something that, given Facebook’s brazen political bias, is only likely to be deployed against Republicans.

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  women in sport and the military
Posted by: andrew_o - 09-08-2020, 12:33 AM - Forum: Politics - Replies (2)

Basically women can't even compete against schoolboys:

[Image: D-QwwumXoAAS7ay?format=jpg&name=large]

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  Diversity training banned in Federal Govt
Posted by: andrew_o - 09-06-2020, 09:14 PM - Forum: Politics - Replies (1)

A good analysis:

(Click the image to run the video)



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