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121  Economy / Economics / Re: Elon Musk makes offer to buy Twitter on: April 26, 2022, 05:42:21 PM
It's done!!!

Elon Musk strikes deal to buy Twitter for $44bn

https://www.bbc.com/news/business-61222470

Quote
The board of Twitter has agreed to a $44bn (Ģ34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts. The firm initially rebuffed Mr Musk's bid, but it will now ask shareholders to vote to approve the deal.

From the beginning itself, I knew that the Twitter board will not be able to turn down the offer from Musk. The share price went up by more than 30% ever since Musk made the bid. But even at this point, it is below the level which Musk has agreed upon. Personally I am glad that my posts won't be censored anymore. Left-wing lunatics had an absolute control of Twitter over the years, censoring anyone whom they don't agree with. My own Twitter account went with multiple rounds of bans and warnings.

We will soon find out why this purchase was made. I hope this reflects well on bitcoin. Elon Musk is a rich man. He can buy whatever he wants and Twitter is an example of this. Now he can regulate the incoming information and create the world of his dreams. This world can be anything - kind, beautiful, without war and violence, and vice versa. We will soon find out.
122  Economy / Economics / Re: The first rule of investing is saving on: April 25, 2022, 09:59:17 PM
It is fairly obvious, but there are people out there that have written 200 pages self-help books and made a fortune out of them by simply stating this simple fact of life: "you can invest your savings. If you ainīt got any, you ainīt gonna invest". (I admit you could argue that you can borrow but still nobody ainīt lending ya if you ainīt gonna givvet baksh).

The basic concepts that will save you a 15 bucks book:

- you invest so that your money works for you. Even if you cannot drop your job, you can still live a bit better with extra income.
- Investing is sacrificing something today to get something tomorrow. This is just a definition. You save x today because you want 2x tomorrow or in year or whenever.
- The first step to invest is saving part of your income. No savings, no future.
- If you have credits unpaid (other than mortgages or other asset backed credits), you pay those first because they charge you a lot.

And from here we could start speaking on how are you going to save regularly, if it is going to be 10% of your income, or 5% or 50%, how are you going to learn about investing, etc...


Savings are needed every day. We can't get good capital if we don't learn to save. As a result of the savings, funds are collected that we can invest. If we save now, then we can make investments that will allow us to have a great future. Money in a bank account can be profitable, but it is more about saving. This is a very interesting activity, in this case, even saving money can become an investment.
123  Economy / Economics / Re: How Sweden Sends Just 1% of Its Trash to Landfills on: April 25, 2022, 09:49:00 PM
Sweden is a leader in waste recycling. But recycling does not lead to the complete destruction of waste. But the most beneficial option for the environment is the reuse of waste. This is non-recyclable and uses less energy. Some types of plastic are not recyclable and poison the environment. Sweden is a leader in this field, but we all need to reduce waste. Hundreds of tons of garbage are in the ocean and kill many animals. We need to stop this and develop eco-friendly, biodegradable packaging.
124  Economy / Economics / Re: Bill passed requiring drunk drivers to pay child support if they kill parents on: April 25, 2022, 09:35:10 PM
Today, there are more such crimes. It would be very good if the criminal could pay money to the victim in a traffic accident. But if the driver was a person without money, this does not work. I think that in this case the state should pay money to children. It is very sad. Money can't replace parents, but children have to live and no one can take care of them. This law is suitable if the offender has money.
125  Economy / Economics / Re: Russia Was Prepared to Withstand Sanctions. Why Wasn't Europe Prepared to Impose on: April 24, 2022, 02:46:58 PM
Europe will feel the heat also, at this point I just see this war as comic relief. Funny propaganda everywhere, the west dancing with Ukraine's vulnerability, EU is now asking its citizens to work from home three days a week to reduce reliance on Russia energy. Instead of finding ways to stop the war, the EU countries are running from pillar to post to punish Russia. Now its has come to sanctioning themselves. When you stay home for three days in a week you burn more gas in heating the home. When you drive slow, you pollute the environment the more.
war brought havoc to all countries, at the beginning of the war almost all countries imposed sanctions on Russia, but the proof is not Russia who has experienced the impact of the sanctions given, in fact other countries have experienced the impact of Russian sanctions, even America itself is now experiencing the impact what is extraordinary, the country that used to impose sanctions on Russia, now the country is silent, and seems to be running away from their responsibilities, it is countries with weak economies that receive a huge impact, like Indonesia, where oil prices are now soaring.

It is a pity for the people who trusted their government, but it did not want to take care of its people. Many countries are suffering from new sanctions against Russia. This is especially true for small countries with weak economies. Did you reach your result? I'm not sure about this. I see that European countries are suffering from this. Next winter we will face the biggest crisis the world has ever had.Here fit the words from the famous movie "Winter is coming!"
126  Economy / Economics / Re: Elon Musk makes offer to buy Twitter on: April 24, 2022, 02:36:28 PM
It's the right thing if Elon Musk bought Twitter, as we know that Elon Musk has a creative and professional team that can make Twitter the #1 social media outperforming Facebook, and of course there will be unique ideas related to cryptocurrencies on Twitter.

I don't know what might happen after buying Twitter. But I think there are several predictions. Assuming that Elon Musk buys Twitter, he will be able to impose his own censorship on incoming information or remove censorship completely. And who knows what truth we will learn after this? What will happen if the information will reach in full? I don't think it's good for some.
127  Economy / Economics / Re: Read If you are between 18 and 68 years old! on: April 24, 2022, 02:25:53 PM
Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.
Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

A lot of people were in a winning position when investing in bitcoin in the early days. Bitcoin is arguably the most profitable investment, but don't forget that the higher the reward, the higher the risk.

I'm not saying bitcoin will die or go to zero but be a smart investor don't put everything in one basket, spread it across multiple investment channels. There are no guarantees in investing so have a backup plan.

This is exactly what we all need! Backup plan. We must not forget that the situation in the global economy can change at any time. I believe that it is necessary to invest for our successful future. We need to invest today. Otherwise, it may happen that one day we wake up in another country, with a different government, and all our property will simply be taken from us.Maybe our investment can save us.
128  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: April 24, 2022, 02:17:03 PM
Let's keep in mind some important facts from the very beginning:
1. 45% of Russia's federal budget in 2021 came from oil and natural gas revenues
2. 49% of Russia's crude oil and condensate exports went to European OECD nations.
3. Supplies from Russia account for about 40% of the EU's natural gas imports
4. just under three-quarters of all Russian natural gas exports went to European countries in 2021

I hate when everyone talks about how is Europe, especially Germany going to replace the dependence on Russian gas? Wait, 20 centuries have passed without Russian gas and European countries still managed to not only survive but become the most amazing countries with the highest quality of life.


How the fuck is Russia going to replace the European market?
Russia has two options:
1. China - After Saudi Arabia, Russia is the second-largest gas & oil supplier for China.
2. India - Right now Russia accounts for 2% of Indian oil import after Iraq, Saudi Arabia and the United Arab Emirates.

Russia will try to increase its oil and gas export in China & India but we should also don't forget some details:
1. The reason why I underlined Saudi Arabia is that they are one of the largest suppliers in these countries and probably they won't let Russia to easily take over them.
2. China and India probably sees that good relationship with West is better for them and they may see that Russia isn't a country that loves freedom.
3. China may use this as an advantage and milk Russia like a cow, good for China but not for Russia.


Europe & USA have a huge advantage over Russia, this is the education. Where do people go dream to study? In Russia, no! In the USA, UK, Germany, Canada, France, Ireland, Switzerland and other countries? Hell yes! Were top scientists from Russia? Hell no! But from western countries - hell yes.


The fact is the fact - war has one advantage, it always accelerates things up. In this war, we don't need to focus on military equipment but on our weak sides, everyone sees how bad military equipment Russia has compared to the western countries. Don't you think that after all the innovations that come from the USA and Europe, can't we significantly lessen the demand on gas and oil if the situation really requires that from us as soon as possible?

What is this collection of incomprehensible information. Where did you get it from? Oil, gas, weapons all piled up in one heap Huh
129  Economy / Economics / Re: Life is a puzzle ! on: April 24, 2022, 01:56:48 PM
I think life is a reality that we have to accept, we have to do everything with the best but never always think that the results will be the best, what we sow now will be the result and we will harvest later, the most important thing in life is to always be optimistic.

I agree with you. We all do things every day. These actions are good and bad. Our future is determined today. What are we doing today? Today we sow the seeds of our lives. And in a few years they will give their shoots. And then we and all other people will know what we have sown. Therefore, we must do good deeds to ensure a good future for ourselves and our families.
130  Economy / Economics / Re: Share entry level commodities plays on: April 20, 2022, 06:19:50 PM
It would make sense if we could recycle old aluminum cans. In this case, it could be profitable. I think it makes no sense to collect all this garbage to do something yourself. So we just make more garbage. There are special organizations that use waste. Let them do their thing. I don't like the idea of ​​collecting old cans.

It's a good idea, but it's more suitable for small businesses than doing it yourself can be difficult and even hard to get the expected results.
To do this, we need to have a warehouse large enough to hold a large amount of used goods and take a long time to collect them.

Yes Yes Yes. It will pay off only if we have production. Of course, remelting the metal will cost less than creating new aluminum. However, banks have a very low percentage of metal content and therefore very large warehouses will be required. To make a profit, you will need to constantly maintain a large amount of material. You will need to install boxes for collecting cans and a lot of other things. In small volumes, this work does not make sense.
131  Economy / Economics / Re: IMF: War Dims Global Economic Outlook as Inflation Accelerates on: April 20, 2022, 06:06:25 PM
It seems that sanctions against Russia have such an effect. Covid19 weakened the global economy, now sanctions, perhaps in the future Europe will be drawn into the war and then it will no longer be so important. I think there are many options for the development of events in the near future. Inflation, unemployment, declining living standards are not the worst of the existing scenarios.
132  Economy / Economics / Re: Preparing for the future. on: April 19, 2022, 06:56:52 PM
Man has basic needs. He will always eat, get sick, be born, die. These processes are endless and require experienced support. If a person chooses one of these professions related to the basic functions of a person, he will always be in demand. It is very important to get a good education and love your job, to be a good specialist in your work. And then it won't matter much what you do.
133  Economy / Economics / Re: Share entry level commodities plays on: April 19, 2022, 06:41:45 PM
It would make sense if we could recycle old aluminum cans. In this case, it could be profitable. I think it makes no sense to collect all this garbage to do something yourself. So we just make more garbage. There are special organizations that use waste. Let them do their thing. I don't like the idea of ​​collecting old cans.
134  Economy / Economics / Re: Bad economy is not good for either super rich or very rich on: April 18, 2022, 09:01:20 PM
I don't think the super rich will suffer from a bad economy. They make the economy bad for their own benefit. For them it's just a game. They control the fate of people and they are not worried that it is hard for someone to live now, from these actions they become even richer. This is a game for them with big stakes and big profits. For these people, there is nothing but money.
135  Economy / Economics / Re: Sanction isn't the right option on: April 18, 2022, 08:53:04 PM

Sanctions are a way to destroy or weaken a country's economy. Now we are seeing how our habitual existence is changing. I think that if after the imposed sanctions the country has not changed its course, it means they are not working. Maybe it makes sense to change tactics and try to solve the issue in a different way? What will be next? Strengthening sanctions or lifting them?
136  Economy / Economics / Re: When Will This War End? on: April 18, 2022, 08:06:34 PM
For Russia, this is not a war. This is a military operation. The purpose of this operation is not to capture territory or people. This military operation will end when the set goals are achieved. Russia has been warning about a possible development of events for 8 long years, but European countries and America did not want to listen to these words. Well...Now we will all feel the results of the inaction of responsible politicians.

Great post! He perfectly confirms not only the deceit of Russia but also cowardice! On February 23, a few hours before the start of the terrorist war, all Russian propagandists unanimously sang "we will capture Kyiv, we will capture the lands within the administrative borders of the Luhansk and Donetsk regions. We will capture the southern regions!" Or are you now saying - "it was not" Huh Don't talk, you'll look stupid all of these video news items have been preserved in public sources. Moreover, I'll tell you - some high-ranking politicians absolutely seriously stated that "but we will not stop in Ukraine - Poland, Latvia, Lithuania, Estonia are our next goals!".
And about 8 years you are also lying! Ukraine's accession to NATO is a consequence of the Russian aggression launched in 2014, and this chronological order is easy to track. Moreover, from 2014 to 2022, you can easily find a huge number of informational speeches by Putin, Lavrov, and other authors of the terrorist war, where they openly talk about the goals of their "operation" - "new Russia" - a fictional country consisting of part of the central, eastern and southern regions Ukraine!

Let me remind you once again - now it has become more difficult to lie - information is open and available, do not stain yourself with lies in support of terrorists, murderers, rapists!

It's good that all the information is stored on the Internet. This once again confirms my words. Let's calculate how many Ukrainian people died during this time in the Donbas. Or do you want to say that all these years people lived peacefully on this earth? Why are they, together with the Russians, now at war with the Ukrainian authorities? These are citizens of Ukraine and now they are fighting against their country, how is this possible?
137  Economy / Economics / Re: Where should I invest? on: April 17, 2022, 02:03:03 PM
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.

I think bitcoin is suitable for a beginner. It is necessary to monitor the market, study its processes, price history. For example, some events in the history of an altcoin can cause a positive assessment of it. And I would advise you to follow the scandals around the cryptocurrency. This could be about many factors. This is a very exciting activity.
138  Economy / Economics / Re: Inflation and investment on: April 17, 2022, 01:44:57 PM
I think we should invest anyway. If their size has become smaller, but it is impossible to completely stop making investments today. The situation in the world is changing rapidly and we must be confident in the future. We cannot invest if our expenses exceed our income. In all other cases, we must not stop. It can be fiat, cryptocurrency, securities, precious metals, but it is very important to invest right now.
139  Economy / Economics / Re: Life is a puzzle ! on: April 17, 2022, 01:34:09 PM
We have to choose the right pieces and get them together , if we choose them wisely we will have a dream life and if not it will be full of dislocations and struggles!

Main parts of this puzzle are study, proper job , marriage, smart housing move and retirement plan! We shall Live like economist and study each step economically.


All elements of our life are also made up of parts. At the end of life, we can see the picture. We can't do it sooner. We put all actions in one line and get our way of life. It's a pity that we can't go back and change something.If humanity can ever control time, then we will go back and make adjustments. Perhaps it is very good that we do not know the future and can only boldly move forward.
140  Economy / Economics / Re: Money and wealth as the major religions in world. on: April 13, 2022, 07:21:37 PM
I don't really understand religion, but money is just a means to an end tbh. It's not the end. Even if you're goal was to become the richest person in the world, in the end, money isn't really the end, it's the acknowledgment behind it. I don't deny that people want money, they work to earn money, heck you can even say that the world is centered around earning money, but it was only done so since money was the means that was made by society to give you what you want.



Yes, I think so too. Even if your main goal is to earn a lot of money, in the end it still becomes clear that the path itself was the most important thing on the way to this goal. After you reach the desired amount, you will understand that the most important thing in life is what you has gained while achieving results, but maybe we are going this way in order to get rid of some of our qualities.
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