BCCI reported that everything is Normal in Wankhede stadium and the IPL is set to begin Tomorrow so there is no doubt that IPL will begin or not as owr the schedule and the first game is going to start at Chennai but it may end without any postpone?  .... Already multiple positive cases have been reported from inside the bubbles (and the IPL hasn't even started). Previously there was a suggestion to vaccinate the players and other staff before the tournament start, but that didn't went through after a lot of people opposed giving them the priority. I am quite skeptical about how things are going to turn out. Anyway, the first match is scheduled to take place in Chennai, and the situation seems to be under control there. |
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Its a shame that cricket has all become about money, yes I understand that players need money to live like the rest of us but its seems that ever since the IPL started, its now more about the money then playing cricket which then makes it hard on the countries where money wasn't an issue but now is. I also think the board also have to come to the table and pay players more money but they need to find the balance. Back in the 90's players were earning peanuts compared to now but back then they were playing because they loved to play cricket but now days money has taken over the game and its mainly due to the IPL. If this continues, then we'll see teams like SA and the WI die off from international cricket which we don't want to see.
Why blame the players? International players still get less than 1% of the amount that they earn for their respective boards. It is the cricket boards on the other hand which are getting greedier by the day. A majority of the boards (including the ICC) are being run by businessmen with no link with cricket. They have tried to sabotage the popularity of the sport, by refusing to include it in the Olympics and preferring bilateral series over ICC events. Personally I would prefer franchise cricket to boring bilateral cricket. |
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The number of banks are low, because there are a lot of regulatory requirements if someone want to open a new bank. On the other hand, if someone want to create a new cryptocurrency, all he needs is a decent internet connection, a plagiarized white paper and a website. There is no regulation and the promoter can create as many coins or tokens as he want. And this is one of the reasons why we have so many cryptocurrencies in existence (10,000 to 15,000).
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I made a terribly decision last year when I sold many of my btcs at a low price. If I had more trust on BTC, I'd have not sold my BTCs last year. Look at the chart bellow and we all see that the best time to cashout BTC is not now but by this year end or on 2025.
Just because the cycle had occurred three times in the previous occasions, we can't really assume that it will happen this time as well. The scenario has undergone a complete change. The entry of institutions in to the scene has changed the equations. Before assuming that another pump is around the corner, we need to do self-introspection. The cryptocurrency market cap has already grown to $2 trillion, which represents almost 0.5% of the global wealth. How much growth is possible from this point? |
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People have been resilient throughout history, some viruses heavily effect the young who might have a bit more strength to fight it off. Covid happens to heavily affect those over 60 years old. We're into the second year now of living with Covid and some say it may even have been circulating around October 2019. The speed with which multiple vaccines has been produced is a great thing and will really help the world get back to normal - it's just the gearing up needed to protect 7.5+ billion people is huge. Bill Gates has been talking about viruses for many years and clearly stated they were the biggest impending threat to humanity, shame he didn't take a bit more action to prepare for them with the huge funds his charity sits on. Give it a couple years and everything should be back to normal, hopefully the injuries it causes can be cured through time.
It is wrong to assume that the virus affects only those who are aged 60 and above. The newer strains are proving to be extremely lethal for the younger age groups as well. Brazil is reporting a daily death toll of close to 4,000 and a large part of that is consisted of people in their 30s and 40s. And a large number of young people who have recovered from these new strains have to live with permanent lung damage and other issues. |
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I agree that bitcoins are taking away market shares of investors who are looking for safe sssets
But both gold and oil are needed as a commodity for production and consumption. Bitcoins on the other hand is merely to store value for the future. So if there was another big crisis we could see gold and oil drop in price but there is a certain minium price for which the industry is going to buy all the resources they can get. Both oil and gold can just be stored for the future.
I don't think that Bitcoin is used as a store of value by a considerable number of people, outside failed economies such as Venezuela. The competition from Bitcoin will be felt by more volatile assets such as equities, mutual funds and real estate. Stable assets such as bank deposits, treasury bonds and bullion may not witness much impact from the increased appetite for Bitcoin. The investment that is coming to cryptocurrency would have otherwise diverted to equity and real estate mostly. |
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It does make sense, but not in the way that Yellen envisions it.
It is the US and other advanced economies who needs to lower their corporate tax rates in order to converge with the rest of the world. Their cost of doing business is simply too high for any major startups to launch there. Unfortunately the pool of talent in the U.S. means that they can get away with charging these high corporate tax rates, but I suspect not for long until major firms start moving offshore too (already happened with a bunch of them).
Instead of blaming the competition, how about reflecting internally for once and adjusting your policy accordingly?
Completely agreed. Janet Yellen seems to have lost her mental balance and that may be the reason why she is making such absurd statements. Take this - the American government increases the corporate tax in their jurisdiction from 21% to 28% and then orders the other countries to do the same. What do they think they are? The days of colonialism are over, and the other countries don't need to listen to deranged people like Yellen. If the regime is worried that more and more companies may move abroad due to high taxes, then they need to decrease them. On the other hand they have gone for a tax increase when the companies are getting whacked by the pandemic and the biggest tax evader (Jeff Bezos) is supporting the move. |
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^^^ Last time they conducted the tournament in the UAE and it was a grand success. The cities in UAE are not very crowded and therefore they were able to handle the COVID 19 situation in an effective way. But this time that is not going to be the case. They have opted for crowded cities such as Mumbai, and that too when the pandemic situation in India is at its peak. Yesterday there were 126,000 new cases, which is a new daily record ever since the pandemic started spreading in India.
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If the cricket board does not care about the players, we will soon see the consequences for the South African team. I think the South African team is going to be like the West Indies. West Indies players are more interested in playing in franchise leagues than in international matches. If there is no change in the management of South Africa, the team will gradually go into further decline. The South African team has a lot of talented players. Many young players are getting lost due to a lack of proper care.
The South African cricket board is essentially controlled by a bunch of politicians who don't have any real relationship with cricket. They only care about the funds from the ICC (which amounts to around $120 million for the 8 year period). These funds will be received by the board irrespective of the performance of the team, so they don't need to worry much about it. On the other hand, talented South Africans are flocking to other countries. New Zealand has at least a dozen in contention for the national team selection, and a dozen more playing in domestic competition. Close to 50 players have taken the Kolpak route to play in the English county championship. |
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IPL 2021 starts tomorrow, and fortunately the opening match is supposed to take place in Chennai. The situation in Mumbai is getting worse with every passing day, and I heard that Bangalore is also in very bad condition. BCCI should consider the possibility of scheduling the entire tournament in Chennai. The city has enough first-class cricket grounds to host all the games. If needed, some of the matches can be played at Hyderabad as well.
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According to Crawford's trainer, Brian 'Bomac' Mcintyre, the suspense will be over in a few days when they make an official announcement regarding their next opponent. He says Crawford's next fight will be in the Middle East on June 5th and Pacquiao is the leading choice but there is a backup option if they are unable to reach an agreement.
Yeah.. there were reports a few months back regarding this. Terence Crawford is happy with the terms being offered to him, but from what I have heard Manny Pacquiao is not happy with his purse. This is very surprising, since Manny hasn't had a boxing match during the last two years. If the reports are true, then he needs to stop worrying about the purse and agree to the fight. And he needs to do that soon, as the deadline is fast approaching. |
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South Africa was not playing this series to win and in the final ODI was just to play against new players as their full strength team left for the IPL and they had to replace them in a series win situation while Pakistan is playing with their full strength team.
You can't blame the players for that. The contract salaries in South Africa are really low and from next year onwards the cricket board has announced that only 4 out of the 11 slots in the playing XI will be selected on the basis of merit. And for the players, cricket is like any other profession. They should prioritize the IPL, since the salaries are much higher than what they get from the annual contracts. And from what I have heard, the cricket board doesn't care much about the performance of the team, as long as they are able to get the funds from the ICC and keep the quota system for selection. |
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You can't blame the ordinary people, when they hear about scams related to cryptocurrency all the time. On top of that, the volatility within the cryptocurrency sector is much higher when compared to other investment assets such as equity or stocks. A lot of potential investors are scared of what happened in 2015 and 2018, when the prices crashed by 80% to 85% in a short period of time. On top of that, the legal status of cryptocurrency is not yet clear in a lot of the countries (including India and China).
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I understand why Bitcoin is not banned in the USA, and I understand why it can be banned anywhere, but it is not possible to fully control this process. Until you yourself admit that you have cryptocurrency and don’t hand over your private keys or seed phrases, no one can prove anything. Banning cryptocurrencies is the same as blocking the flow of a stormy river - water will always find its way.
It is impossible to ban cryptocurrency. Because unlike bullion or fiat currency, cryptocurrency is not a physical asset. It is just a bunch of codes that can't be seized by the authorities. As long as you own the private keys, no one else can access your coins. If the government thinks that they can ban cryptocurrency by passing a few laws, then they are mistaken. As a first step, they can get themselves more educated about cryptocurrency. |
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Many of the Asian countries are now going through the second wave, including countries such as India and Pakistan. These countries were largely unaffected by the initial stages of the pandemic and they reported a lower fatality rate when compared to the western nations. But now it looks as if the situation is changing. For example in India, the number of daily cases have increased by almost 15 times in the last two months.
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They don't need to leave the country, they will just leave their state in order to avoid paying high taxes on the state level. See California residents leaving to states with lower taxes because democrat leadership has made the tax rate completely insane to pay for their woke green policies.
How many people can afford to do that? For those who are employed in California or having business in that state, moving to another state is not a viable option. Only a few, such as stock traders and those who inherited their wealth can do that (and most of these people are migrating to low-tax states). For the same job, salaries can be 2x or 3x higher in California when compared to states such as Montana or Utah. So even after the taxes, the in hand salary is higher for those who work in California. |
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That will depend on how they use the win money for their life because that is normal if they use the money to buy the things they want. They now have a lot of money that they can spend to buy anything, but if they care about their future, they will not spend too much money to buy the things instead save the money for their future. It needs wisdom on how to manage the huge money that they won before having that money in the future or grow the money amount.
The vast majority of the lottery winners are from the lower class of the society (the rich almost never try their luck with lotteries). And this creates an interesting scenario when they win these huge amounts as prizes. Most of them will be having no experience in dealing with big amounts of money, and in many cases they lose large part of the rewards by investing the amount in various Ponzi schemes and scams. |
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Yeah, bowling department took a hit there. 2 Batting replacements shouldn't be that tough to fill tho, Rassie van der Dussen, Temba Bavuma, Aiden Markram are still there so they should be okay as far as batting is concern IMO
Batting looks OK, but if de Kock and du Plessis (not sure about whether the latter is leaving or not) is not playing, then it will be a big blow for the South Africans. De Kock was the wicket keeper as well and the South Africans will be forced to field a full-time keeper in order to replace him. But the biggest blow is going to be that of Nortje. Effectively he was the mastermind behind the South African victory in the second match. |
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New variants are appearing each new day and even though vaccination has started, it's happening very slow. The vaccines' efficiency isn't guaranteed too, because there are people who were vaccinated, but developed the disease and died or almost died anyway. It's still a mistery and I don't trust the media's excuses at all.
Economy is already broken and hospital spots for infected people are lacking. Lockdowns end, but after some days or weeks they start again. We are living in this cycle right now and I don't know if it's going to end soon. The best everyone can do is to look for jobs on the internet. This way you are protected against the virus and vaccines' collateral effects.
Vaccination has reduced infection rates by 90% to 95% in countries such as United Kingdom and Israel, where the Western vaccines (Moderna, AstraZeneca and Pfizer) were used, and more than 50% of the population received at least one dose. So you can't really say that the vaccine efficiency is guaranteed. Already we are seeing the impact in these countries. On the other hand, we have countries such as Chile which are seeing hardly any progress despite the mass vaccination campaign. They made the blunder by opting for the less effective Sinovac vaccine, and are now paying the price for it. |
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No one really cares about the walking fossil Janet Yellen and her stupid ideas. A few weeks earlier, she wanted the government to "curtail" cryptocurrency. Once again, no one took her seriously. The idea of dictating other countries on their tax rates is quite stupid. There are countries such as the UAE and Bahamas where the corporate tax rate is 0%. These countries don't want to increase the tax rate, as the companies will have no reason to set up their offices there if they do that.
I guess Yellen is in a state of panic. She realizes that the proposal to increase corporate tax from 21% to 28% is going to do a lot of damage. She wants to limit that by forcing everyone else to raise their taxes. But sadly for her, things don't work like that in global economy.
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