What Are You Doing Right Now? (189 Viewers)

[swag]

So many Jews on these forums, so little Zyklon B.

 

Buy on AliExpress.com

[Ocelot]

Eh, not sure about that. I still believe the future system will be based on gold and when it comes to that Russia is closely fighting China for it. But not just that, their growth is massive and they are doing a hell of a job investing it to make the country better. I highly doubt anything will change even when Putin goes, since we all know it's gonna be Medvedev who takes his place and he's basically Putin v2.

Honestly I gotta admit probably not having as much of an idea of Russias economic and political situaiton as I should have to properly lead this discussion, but to me it seems as if Medvedev doesn't hold as much authority in Russia, and, although that could be down to biased news coverage, I clearly remember reports about significant innerparty conflicts about Medvedev selection as Putins second hand.

Also, they just do not have the sheer population size of China.

 

[Bjerknes]

Just wtf is wrong with this country... there are so many topics to relate to, but major newspapers are constantly covering how some old $#@!ing singer we had 20 years ago broke her arm and how Djokovic got married, who are his relatives, when he got his first kid... just..

Welcome to the bastard "presstitutes." That's what we have in this country. Journalism has been dead for a long time. And thanks to globalism, you now have it too, so enjoy!

 

[Ocelot]

The idea behind EU was great. But the way it was executed and how it works now is simply wrong. It'd never work without unity of monetary policy. But even that was made so big country would benefit from it cause there's no way Germany would want austerity measures in their yard.

I agree with your post anyway. Pretty sad and pretty worrying how such huge problems are being ignored by majority of the people. Nothing is being done about it.. at least not here.

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You're studying for yourself and for future. It'd end at some point and you'd have a social life.

I can basically agree with everything here

 

[Bjerknes]

I wouldn't say that the size of a governments directly correalates with the degree of corruption. Bigger governments doesn't mean leass of course, but neither does a smaller one, speaking in relative terms of course.

Having a big government alone doesn't sovle anything by itself of course, what's at least as important is what it actually does. The US, from what I can gather, have a huge problems with the set-up of the tax-system, there's way too many loopholes and, like basically every other developed country in the world suffer from the incredible injustice of labour being taxed extremely high, and capital gains on financial investments too low or not at all. This just inevitably and naturally shifts money from the poor to the wealthy.

Other problems I have with the way the US government goes about ruling the country are the excessive amount of lobbying (not that that's unheard of in Europe, but at least it happens on a smaller scale here), and the problems with public education, significantly encouraging social and economic inequality, and healthcare.

Capital gains taxes were rather low under Bush, but now they are increasing once again. The corporate tax rate under the Obama administration has been 40%, which is higher than most of Europe. The problem with the US stems from a highly leveraged and unhealthy American populous while at the same time the government has to rely on the Federal Reserve to step in and purchase treasuries or conduct Quantitative Easing so that they can continue run up massive budget deficits. Increasing taxes only creates net job losses, just like Obamacare, because small businesses can't afford to keep staff in this sort of environment. Perhaps the corporations do not exactly care since some can hide behind a tax shield through leverage on debt, but small businesses cannot. Therefore, you have the environment where the Wal-Marts and the Costco's and the large banks rule the land, while everybody else is either out of the labor force (six months, that's it) or working at McDonalds.

So sure, they can increase taxes to help fund government liabilities, but that will only hurt the economy even more. Most of the folks receiving some type of government assistance are only using the money to buy products from the large corporations anyway, so it's like a huge circle-jerk that only exacerbates the problems of massive debt, unhealthy freaks, and rent-seeking in government.

 

[AFL_ITALIA]

But that's the thing bro! A degree doesn't guarantee you a job, even less a good paying job. Look at @AFL_ITALIA, the brother's hurting and yet he graduated.

I myself have maybe $50,000 - $60,000 in student loans overall . Degrees are all well and good, but it's all about the connections. As a family friend says, we just need to help each other out like the Jews do

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Chances are close to zero IMO. What we've done to our country is beyond madness. The corruption we've had over the past is incredible and if some of the biggest news were translated you'd laugh for like a day seeing stuff how government paid for some machines that were working 25-26 hours per day -- yes -- it's not a typo. They basically stole everything that's out there. Our privatization went horribly wrong since every factory was sold for peanuts which later left employers fired. We currently have next to no-existing economy alive here, no factories, no nothing. Banks are, of course, destroying us with interest rates so starting some private job is basically impossible since we'd need 30% return to survive. Country is also in huge debt, hardly paying anything, just recently rumors appeared how we've entered recession (I feel like we were in it since I were born).

People are satisfied when they find a 300e job eventhough those people should earn at least 700 at the moment. It's a tough situation and I personally don't see anything changing any time soon. Life in Belgrade is or can be good if you're at 400e/month and such job obviously requires somebody to push you in, some strong connection -- which I obviously lack. At this point I'd accept 300e easily as long as it has something to do with economics or relatively close to it.



No need to tell me anything, I've graduaded 15 months ago.

You were an econ major as well, right?

 

[Fr3sh]

You got this man!

 

[Ocelot]

Capital gains taxes were rather low under Bush, but now they are increasing once again. The corporate tax rate under the Obama administration has been 40%, which is higher than most of Europe. The problem with the US stems from a highly leveraged and unhealthy American populous while at the same time the government has to rely on the Federal Reserve to step in and purchase treasuries or conduct Quantitative Easing so that they can continue run up massive budget deficits. Increasing taxes only creates net job losses, just like Obamacare, because small businesses can't afford to keep staff in this sort of environment. Perhaps the corporations do not exactly care since some can hide behind a tax shield through leverage on debt, but small businesses cannot. Therefore, you have the environment where the Wal-Marts and the Costco's and the large banks rule the land, while everybody else is either out of the labor force (six months, that's it) or working at McDonalds.

So sure, they can increase taxes to help fund government liabilities, but that will only hurt the economy even more. Most of the folks receiving some type of government assistance are only using the money to buy products from the large corporations anyway, so it's like a huge circle-jerk that only exacerbates the problems of massive debt, unhealthy freaks, and rent-seeking in government.

That's why it is so important to tax where damage to the economy is minimal, aka stuff like Tobin tax or high income tax for the extremely wealthy.

A Tobin tax would additionally have the effect of disouraging high-frequency trading as well much of the highly speculative derivative market, both serving no tangible positive purpose to the actual "real" economy.

And again, closing loopholes and tax havens are of massive importance, otherwise what's stated above won't have much effect in reality.


What I find actually really interesting with our respective viewpoints on the economy, not just today but in general, is that our analyisis of what's wrong with it are strikingly similar, at least to my perception. Our propositions for the solutions however differ drastically, and are to me an almost one-to-one reflection of our socio-economic-geographical background.

 

[AFL_ITALIA]

And right after I make that post I get a phone call for an interview

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You got this man!

Thank you

 

[Fr3sh]

And right after I make that post I get a phone call for an interview

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Thank you

Good luck!

 

[AFL_ITALIA]

Good luck!

Thank you bro

And speaking of that second "plantation," with more states beginning to legalize marijuana maybe it's something to look into. New York just made medical legal (kinda). If there ever was a time, sounds like it's coming soon. I know you're in Canada and everything, but still .

http://www.livetradingnews.com/us-legal-marijuana-industry-value-35-b-2020-78306.htm

 

[IliveForJuve]

I really hate it when toilet water touches my ass when I'm taking a dump.

 

[TrezJuve]

How've you been?

Good, I'm getting sick of midterms tho. I can't wait for November.

 

[Ocelot]

I really hate it when toilet water touches my ass when I'm taking a dump.

Cover the toilet water with toilet paper before you drop the bomb.

Revolutionised my toilet experience.






Also, it seems like 70% of your posts in this thread are somewhat digestion/glutues maximus related

 

[IliveForJuve]

Cover the toilet water with toilet paper before you drop the bomb.

Revolutionised my toilet experience.






Also, it seems like 70% of your posts in this thread are somewhat digestion/glutues maximus related

Butts and maids bro, butts and maids.

Thanks for the advice though

 

[Fr3sh]

Thank you bro

And speaking of that second "plantation," with more states beginning to legalize marijuana maybe it's something to look into. New York just made medical legal (kinda). If there ever was a time, sounds like it's coming soon. I know you're in Canada and everything, but still .

http://www.livetradingnews.com/us-legal-marijuana-industry-value-35-b-2020-78306.htm

 

[JuveJay]

My best auntie just died but it's like she has been dead for a few years really, so hard to be really upset. Dementia is such a messed up disease, if it happens to me I'm getting out early doors.

 

[Salvo]

My best auntie just died but it's like she has been dead for a few years really, so hard to be really upset. Dementia is such a messed up disease, if it happens to me I'm getting out early doors.

Yeah the same way my Nonno went out, except his was a pretty rapid decay in the last 6 months. A really horrible disease.

Cover the toilet water with toilet paper before you drop the bomb.

Revolutionised my toilet experience.

This!

 

[Salvo]

http://theconcourse.deadspin.com/and-now-your-most-horrifying-stories-of-being-caught-m-1649775128?utm_campaign=socialflow_deadspin_facebook&utm_source=deadspin_facebook&utm_medium=socialflow

These are so great

my parents came home from that wedding. They came down to say goodnight, and the sight they saw was me, butt-ass naked, reclined back in a computer chair, dick-in-hand, and a Jenna Jameson video on repeat on their computer. This makes me realize how much I take for granted the ability to take an 8oz. iPad to any location and instantly have HD porn streaming at my fingertips.

I was beating off in my in-laws' bathroom late at night. Just as I'm reaching climax, my wife flies through the door like Seal Team Six, demanding, "What are you doing!?!?" At the first sound of the door I jumped up, somehow kicking off my shorts to completely cover up the iPad as she gets past that wall. I then turn away from my intruder as I ejaculate into the now-convenient toilet paper, looking back over my shoulder to proclaim an angry, bewildered, and guilt-stricken "I'M TRYING TO TAKE A SHIT!!!" while expelling my soiled toilet paper into the bowl.

As fast as she came, she went, scurrying back to bed, seemingly embarrassed and sorry for the intrusion. I regain my composure and confidence. I clean up, and head back to bed. Instead of the typical slither back into the room, I'm walking tall, proud of my quick thinking and quicker reactions. My adrenaline is racing like I just out ran the cops. As I laid my head on my pillow, heart racing from adrenaline, my wife quietly but sternly says, "Please don't jerk off in my parents' house." In the saddest, most pathetic voice, I quivered, "OK."

I fapped there two nights later.

 

[Bjerknes]

That's why it is so important to tax where damage to the economy is minimal, aka stuff like Tobin tax or high income tax for the extremely wealthy.

A Tobin tax would additionally have the effect of disouraging high-frequency trading as well much of the highly speculative derivative market, both serving no tangible positive purpose to the actual "real" economy.

And again, closing loopholes and tax havens are of massive importance, otherwise what's stated above won't have much effect in reality.

What I find actually really interesting with our respective viewpoints on the economy, not just today but in general, is that our analyisis of what's wrong with it are strikingly similar, at least to my perception. Our propositions for the solutions however differ drastically, and are to me an almost one-to-one reflection of our socio-economic-geographical background.

Personally, I don't think that increasing taxes on the wealthy will solve anything either, nor do I want to agree to it in principle. That would only discourage investment, plus the US would still have an incompetent government, so it won't really change the outcome. So you are right, we do understand that similar problems exist with respect to huge corporations destroying small business, but that is a function of government intrusion into the market more than anything else.

I'm not very familiar with the Tobin tax, but from the sounds of it, the tax would only impact transactions in the Forex market, which would make it more difficult to trade currencies. I'm not so sure I would like that idea, especially as it's difficult enough to hedge against adverse moves in the Dollar and Euro.

I think the best way to combat high frequency trading is to simply consider it insider trading, which they won't do for various reasons. The argument behind the algos running the market is that it also provides short-term liquidity, which is needed to maintain asset prices in case of a system collapse, much like in May of 2010. Of course that's all bullshit, but the SEC won't crack down on it since they are part of the game in propping up asset values so the economy looks better than it actually is, which is the directive from the White House.

For what it's worth, I think we can agree that the central planners (central bankers) do have a conflict of interest in their role as money managers because obviously they can't help both the middle class and the White House/Wall Street clowns at the same time.