I'm guessing the Bandidos started all of this, but that's a 50/50 guess. I'm guessing only by numbers as the Bandidos control most of the Southwest. Either way, I'm not happy how the media is comparing the cops in this situation to Ferguson, s this was a shootout, not a riot.
Well, its arguable as to who "started" it, because various things are being discussed as the reason for the shootout, but one of the most believable and reliable reasons is that the Cossacks started wearing Texas bottom rockers on their jackets, which is a no-no here. Only Bandidos or those they give permission can wear Texas bottom rockers, or else.
I haven't seen anybody compare the action of the police to Ferguson, but that doesn't even make sense.
Pulsar_t wrote:I still want to know what effect this trillion-level debt and quantitative easing will have on the world economy a few decades from now? The money printing can't go on forever.
I'm pretty sure it can. Now creating new higher valued products all the time? That remains to be seen.
BoneSnapDeez wrote:The success of a console is determined by how much I enjoy it.
Pulsar_t wrote:I still want to know what effect this trillion-level debt and quantitative easing will have on the world economy a few decades from now? The money printing can't go on forever.
I'm pretty sure it can. Now creating new higher valued products all the time? That remains to be seen.
As long as the American federation continues to dominate diplomatically and militarily.
Now imagine tomorrow America withdraws from international affairs altogether, a new financial system will have to be invented, and the chaos that ensues would be colossal indeed.
Ack wrote:had a stumble in the early 2000s(as the dot-com bubble burst) but recovered until around 2008, where the housing crisis occurred.
See, this is what I mean. Between early "2000s" and 2008 is just not enough time for the economy to get fixed. Its just too fast. I can't imagine a British guy looking at the US economy in early 2001 and saying "Doesn't look good I will not invest" , then in 2004 he would say "Looks like a good place to invest money" and by 2008 he goes "Thats it! I will withdraw my money from there".
Business work in 5 years time frame, if the economy will fluctuate every 6 to 8 years its just not enough time. Sometimes that is shorter than the lifespan of 1 product like say 360. Probably launched in a strong economy, then 2008 economy down, then in 2012 picked up again.
See, here's the thing, the economy continues to build. It has failings and missteps, corrections and faults, but it almost inevitably grows. So a guy who looks at it for such a short term is really not doing himself any favors. In investments, you generally want to look at the long haul. There are short term tricks, and you can get lucky, but the long game is where you put your holdings.
As an example, I spent $100 in 1999 to buy 18 shares of Nike stock(roughly $5.55 per share). A stock split occurred in the mid 2000s, so I now have 33 shares. It is now 2015, 16 years later. The US economy has been through a couple of economic bubble bursts, including the Great Recession. My Nike stock is now worth roughly $105 a share, meaning my $100 has become $3465, a 346.5% increase.
Finance and accounting is math. Economics is more like psychology. It's theory, not fact. That's why usually you take Finance 4000 or Economic Theory 4000. Not that economics isn't interesting, but it is theory.
And why are we talking theory when biker dudes or going super nova on each other?
GUNS!
KNIVES!
CHAINS!
BIKES!
BOOBS!
Hell, apparently people even started clubbing each other like baby seals! You have a knock off Hooters with nine dead, no innocents injured. That's something worth talking about.
Pulsar_t wrote:
As long as the American federation continues to dominate diplomatically and militarily.
Now imagine tomorrow America withdraws from international affairs altogether, a new financial system will have to be invented, and the chaos that ensues would be colossal indeed.
The world will adapt. The next bing thing will probably be cryptocurrency, but just not in its current speculative and bubblish form.
BoneSnapDeez wrote:The success of a console is determined by how much I enjoy it.
Ack wrote:
As an example, I spent $100 in 1999 to buy 18 shares of Nike stock(roughly $5.55 per share). A stock split occurred in the mid 2000s, so I now have 33 shares. It is now 2015, 16 years later. The US economy has been through a couple of economic bubble bursts, including the Great Recession. My Nike stock is now worth roughly $105 a share, meaning my $100 has become $3465, a 346.5% increase.
I see now, so when they say the economy is down it means its just down from its previous peak, it didn't reach a negative point. So your investment always fluctuated within the profit (above $5.5 a share) it never reached a point below $5.5 .
There are some points to add - it is perfectly possible to lose money by investing in stocks, even if you invest long-term. Although buying stocks of a large company like Nike (in this example) that is very unlikely to go bust is relatively safer than buying stocks of a smaller company.
In the example, I think it is very important to note that 5.5 USD several years ago was worth more than 5.5 USD today due to inflation, so adjusting that value against inflation would be a more accurate display of how good the investment was. On the other hand if you are comparing with an alternative where you just keep the same money uninvested you don't need to adjust for inflation (although keep in mind that not investing on the long-term means you start with 5.5 USD and end with 5.5 USD but you actually are losing value due to inflation!).
It is also relevant to note whether Nike in particular has performed better or worse than the average "market" (in the U.S., a good comparison is with the 500 biggest companies in the S&P 500). This would also in itself have compound effect over several years.
What has been historically the case is that each year the market goes up some 3 or 5% above inflation I think. You can look it up. This is *ON AVERAGE* over a long period! There are years where the market actually goes down as a whole and so on (a notable one was in the dot.com bubble burst).
But I'm far from being an expert in this stuff, it is just I think there are some important points that really should be mentioned ever at a very basic level.
