Any Genuine Discussions ABout Economics Here Anywhere?

Discussion in 'Economics & Trade' started by Strasser, Apr 23, 2017.

  1. Strasser

    Strasser Banned

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    All I can find are are a bunch of idiotic political screeds and silly astro-turfing memes and the like from left and right wing propagandists and sociopaths.

    Thanks in advance for any serious info.
     
    Last edited: Apr 23, 2017
  2. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Try participating before judging?

    What do you call "serious info" ... ?
     
  3. Merwen

    Merwen Well-Known Member

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    It's mostly all proprietary information now. You need to hire Hillary and pay $250,000 for her to give a private speech.
     
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  4. Strasser

    Strasser Banned

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    It's certainly heading that way. Everything is being dumped behind pay walls, even research that should in the public domain, having been funded by Federal grants.
     
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  5. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Amusing, but useless sarcasm and does not in the least answer your own question.

    I print on this forum PLENTY of informational "stuff" off the Internet - and it is all free, gratis and for nothing. Just take the pains to go looking for it.

    You are simply purporting a opinion that is unsubstantiated in fact ...
     
    Last edited: Apr 24, 2017
  6. Merwen

    Merwen Well-Known Member

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    If I follow you in here, how soon before I can make my first million?
     
  7. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    That depends upon the numbers you chose at your local lottery.

    American fortunes are not ruled/governed/administrated by regulations, but by "luck"!

    For instance, the wild exaggeration of Income Disparity that economic research discovered recently:
    [​IMG]

    I'm sure I can find a high correlation between criminal activity and lower income levels as shown above ...
     
    Last edited: Apr 25, 2017
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  8. Strasser

    Strasser Banned

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    I still have my Econ 101 textbook from my Freshman year I can post assorted memes from, too; thanks for the offer, but I was looking for something other than the usual 'snarky pseudo-intellectual half-wit with high self-esteem trolls your thread' fare I can already find in the Fever Swamps.
     
    Last edited: Apr 25, 2017
  9. jmblt2000

    jmblt2000 Well-Known Member

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    I'm not sure what kind of info you are looking for...
    If you're handy with tools you might try buying fixer uppers and flipping them. This is a large commitment for most.

    You might try DRIPs, this is where you invest in individual companies through that company....XOM is my recommendation.

    You could gamble with penny stocks, eespecially the marijuana stocks, but buyer beware....there are a lot of fake companies out there.

    Then there is knowing the difference between traditional and Roth IRAs/401k....large cap, small cap, emerging markets, etc.

    What specifically are you looking for.
     
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  10. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Sarcasm becomes you so - and is totally witless in a bonafide debate.

    Moving right along ...
     
  11. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Now THAT's a good place from which to start!

    Americans think that savings should be invested at risk, like in the stock-market. Europeans have a penchant for real-estate because it is (supposedly) less risky long-term.

    If you are looking for great wealth very quickly, find a truly up-market and "binge". Then get out quickly whilst the getting is good. Take the rest of your life off.

    If you want a solid retirement (pension plus equity) on which to enjoy yourself, than then why not real-estate that you liquidate over time to pursue the life-style you can afford?

    Each of us have different needs, and there is No Magic Solution That Fits Everyone ...
     
    Last edited: Apr 25, 2017
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  12. jmblt2000

    jmblt2000 Well-Known Member

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    I knew a guy in Vegas when he got divorced, he took all the debt just to get rid of her. He rented a climate controlled storage unit, joined a gym to work out and shower, and ate mostly at the chow hall. He paid off almost 20k in about 18 months....he was an E3 at the time.
    How much you retire with depends upon how much you're willing to sacrifice. If you have to have the latest and greatest (most expensive) then you will probably never vetthere. If you can live simply, control spending, save and invest...then happy retirement.
     
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  13. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Which makes me ask the question, "Why does anyone think they need the "latest 'n greatest".

    My answer, because the Boob-Tube told them so, and they swallowed it hook, line and sinker ...

    Fortunately, where I live (in Europe), that is not (yet) the case. And there are about 2 million other Americans here who believe the same - that our lives are better here than in the US ...
     
  14. Merwen

    Merwen Well-Known Member

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    Passive investments that won't tank.
     
  15. jmblt2000

    jmblt2000 Well-Known Member

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    I agree, I can put off the wants and concentrate on just needs...

    I lived in Europe for 5 years, I prefer life in the US....just personal preference. I enjoy my freedom too much...
    I shoot, hunt and fish, and will retire to my version of paradise which is Alaska, no property taxes and I can hunt and fish to my hearts content.
     
    Last edited: Apr 25, 2017
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  16. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Meaning that you want to defy gravity on the stock market.

    Good luck with that one ...
     
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  17. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Yes, life in Europe is a bit more constrained.

    But, that is either a good or bad element depending upon how you consider it ...
     
  18. jmblt2000

    jmblt2000 Well-Known Member

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    Savings bonds, bank notes, treasuries, mutual funds that invest in above mentioned...definitely not a get rich quick scheme.
    Annuities are only as good as the company that issues them.
    There is only one thing guaranteed in life and that is death...get a term life insurance policy on yourself...won't do you any good, but your family will be taken care of.
     
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  19. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    The best little-risk/modest profit investment is the house you live in.

    Be happy with that and the fact that, with any luck, it will never be confiscated for lack of mortgage payment. (As happened to far too many Americans in the Great Recession caused by Dubya's oversight of the SubPrime Mess ...)
     
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  20. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    It may seem tiresome - repeating it as I have - but America has to get rid of the Replicant party that seeks only one outcome - profits, profits, profits leading to lightly taxed Income, Income, Income that become Wealth, Wealth, Wealth.

    And that is not something "you can take with you". Only your peace of mind ...
     
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  21. bringiton

    bringiton Well-Known Member

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    Yes, it's disgraceful. I had a revealing "discussion" with a professor of economics about the IP problem when I pointed out that Greg Mankiw's economics text is full of fallacious and absurd rationalizations for rent seeking -- and Mankiw himself is a massive rent seeker through prescription of his text, at grotesquely inflated prices, in college economics courses. So this economics prof responds that without the IP rents, we would not get the textbooks written -- and I said fine, we don't WANT people writing textbooks full of false and absurd garbage to justify their greed. Unfortunately, it turned out the prof was also a textbook rent seeker. Needless to say, my application to THAT grad school program was rejected...
     
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  22. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Drips, and I find plenty on this forum ...
     
  23. Strasser

    Strasser Banned

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    I was looking for interesting discussions on Economics, not market speculations and that sort of thing. I started a thread with a paper I thought had some interesting analysis and methodology in it, but it's crickets chirping. More formal stuff, I guess.
     
  24. Kode

    Kode Well-Known Member

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    Then how about a discussion of surplus value?
     
  25. Kode

    Kode Well-Known Member

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    Which thread is that?

    I guess you have a degree in capitalist economics and couldn't find a job, so you now want to display your deep and extensive knowledge here.
     

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