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141  Other / Off-topic / Re: Study Finds Avocado Leaves Has Potential Restorative Effects on Major Organs on: August 05, 2023, 08:45:29 PM
I am not surprised because plants have long been depended on by ancestors from my roots for medicine and health even long before western health, and they lived longer and more healthier lives because of their dependence on organics. Western medicine changed all these and made people believe that only western medicine is good and safe for use. If more plants are studied, there will be more discoveries on other benefits that other plants can provide. Researchers need to visit Africa and learn from people who practice traditional herbal medicine, they will be able to point them in the right direction.

Leafy greens have antioxidants and they're good at clearing up oxygen derived free radicals (ODFRs) which are proven to cause cellular damage. It won't restore organ function, but it helps prevent damage and maintains longevity.  Nearly every fruit or vegetable would be sufficient. All herbal medicine is taking these plants and performing phytochemical extracts. You don't need to go that far, just consume the entirety of the plant and that's enough.
142  Economy / Economics / Re: Russian oil and UK on: August 05, 2023, 06:06:13 PM
...

Yes, it is foolish to say that sanctions are the perfect tool and that they work 100%.
But again, there is a nuance. The purpose of sanctions, if we are talking about oil, is not to stop the sale of oil from a terrorist country, but to reduce its budget income to the maximum, so that it would be more difficult to finance a terrorist operation in Ukraine.
And here - all is well! The fall in revenues to the Kremlin's budget from the sale of oil amounted to about -50%! And this is a great indicator!
Yes, some are taking advantage of the situation, such as India - India is not only buying very cheap oil! It also pays, not in the critically needed currency (dollars), but in rupees, for which Russia cannot buy anything important. Why ? Because India has banned the sale of competitive products to Russia, for rupees - they are sold only for currency. And at the same time, India also banned Russia from exchanging rupees for dollars Smiley So the main goal has been achieved, while India's partners to whom it sells oil products are satisfied, India receives the currency ... In a word, everyone except Russia benefits ...

The problem is that India has started purchasing Russian oil with yuan which makes China more powerful, and Russia more powerful by proxy. India's purchasing Russian oil from Dubai based energy firms as well, trading with their local currency. Many non-dollar and non-rupee alternatives are out there for Russia.

Only solution is to devalue oil by increasing supply. OPEC wouldn't bother getting involved, it's within their interest to monopolize oil production. The U.S. is one of the few western countries that would be able to ramp up production.
143  Economy / Economics / Re: Russian oil and UK on: August 05, 2023, 02:19:33 PM
The Western sanctions are sabotaged with back room deals from India and China and some African countries. The markets just adapt and the Oil still flow through new channels to the UK and other countries that supposedly support the sanctions.

Russia has shown no indication that the sanctions are hurting them, because they just opened up new revenue sources through other nations. The sanctions are just a "smoke&mirror" show by Politicians to satisfy their voters, but the money and oil are still doing business like usual.  Tongue

This is precisely why sanctions are useless. There are always avenues for circumvention.

India reselling Russian oil to European market: https://www.reuters.com/business/energy/fuels-russian-oil-gets-backdoor-entry-into-europe-via-india-2023-04-05/

If the west wanted to actually combat Russian oil exports, they should have flood the markets with cheap oil by ramping up their own production. The U.S. had plenty in reserves and plenty drilling capacity but for their own political reasons, couldn't be bothered to ramp up energy exports because it would upset the climate change/green energy fanatics.
144  Other / Politics & Society / Re: U.S. (MSM) Accuses Zero Hedge of Spreading Russian Propaganda on: August 04, 2023, 07:52:56 PM
DailyWire was targeted by the radicals in the Biden administration when they tried to shove a COVID vaccine down everyone's throat: https://www.dailywire.com/news/biden-admin-pressured-fb-to-suppress-daily-wire-content-push-users-to-legacy-outlets-newly-released-docs

This was in 2021. The WH will roll out their henchmen and start demanding the tech companies censor outlets they disagree with. When they don't have the facts on their side, they rely on shutting down free speech.

"U.S. intel officials" anonymously brief the MSM that Zero Hedge is spreading Russian propaganda. Hopefully not the same intel community that promised us the Hunter Biden laptop story was Russian propaganda  Roll Eyes
145  Bitcoin / Bitcoin Discussion / Re: My Thoughts on Bitcoin Adoption - I Could Be Wrong, So Let's Discuss! on: August 04, 2023, 06:35:32 PM
Bitcoin is complex; I think most of us will agree on that. Complexity has been reduced with new standards and protocols, a magical threshold of simplicity is unlikely without trusting a third party.

The technical aspects of Bitcoin are complex to someone that knows little about cryptography, sure. But I advise people, in order to use Bitcoin, you need to know nothing about cryptography or the technical aspects of the Bitcoin protocol. The barrier to adoption isn't necessarily education on Bitcoin technicalities. It isn't all that complex on the surface level.

2. Monopolies - Are They Holding Us Back?
Some players might seem like they're supporting Bitcoin but might actually be slowing things down. I'm not blaming them; they have the right to act that way. But should we, as a community, try to promote more others new and small player to join the party?

I agree with your other points but don't understand what you're saying here. What monopolies are you referring to? How does someone support Bitcoin and "slow things down" and what does that have to do with monopolies?
146  Economy / Economics / Re: Are short-term rentals to blame for the lack of housing? on: August 04, 2023, 05:20:54 PM
AirBnB is only part of it. Post COVID the demand for housing rose in just about every market across the world. There was a housing bubble that was created when people began dumping their money into real estate to avoid inflation, and some of the investment firms did the same by purchasing up entire neighborhoods in order to rent out homes for long term investments.

There isn't really anything the average consumer can do but for moving to an area with lower cost of living.
147  Economy / Gambling discussion / Re: Legality of Online Gambling in Different Countries on: August 03, 2023, 08:59:46 PM

Nations that have allowed offshore online gambling for more than a decade
Belize
Curacao
Panama
Antigua & Barbuda
Costa Rica
If you’ve gambled online before, there’s a good chance you’ve bet in a sportsbook or online casino that has a license from one of the above nations.

All nations listed above have good reputations for providing licenses to legit sportsbooks and online casinos. Costa Rica, especially, has licensed legitimate online sportsbooks and casinos.

There's a lot of reputable casinos that operate within these jurisdictions along with many frauds who get gaming licenses in these jurisdictions due to lack of regulation, only to run shady casinos that end up running away with depositor funds. Lot of the game operators for slots of table games will only service casinos who have a gaming license which is why they have them. I don't take the licenses from these countries with any legitimacy.

I rely solely on user feedback if I'm playing on a casino. Where their license is from is irrelevant.
148  Other / Politics & Society / Re: The fate of Democracy in West Africa shakes on: August 03, 2023, 08:46:41 PM
Can a foreign military base foster a military coup?

They could, and who knows who the real backers of a coup are. Supposedly the militants in Niger have dissolved the constitution after they ceased power from the President, so it's a fascist nation as of now. Who benefits from that? Certainly the west has some level of interest in the region and this coup isn't good for business.

Despite the saying that "worst democracy is better than the best military dictatorship," why do West African countries fall victim to coups?

Centuries of failed and corrupt government. And as of late, foreign involvement in military coups.
149  Economy / Economics / Re: Inflation overpowers the value of money on: August 03, 2023, 07:36:51 PM
3.lack of domestic production: government of many countries practically don't have anything to offer, the keep on wasting the little resources available to their reach, failing to encourage local production, the government should look into locally made goods, this will avail them the opportunity to do business with countries that are interested in the product and services, as the case may be, they should make it their priority to lure local investor, reach a compromise with them, allow them to produce at a minimal taxing rate, this will enhance the domestic needs of the country, No doubt we need each to survive but not in everything.

This doesn't cause inflation. If there are shortages of supply causing a rise in demand and, in effect, the prices of a particular product, the market will respond by ramping up production and the prices will begin to stabilize. You'll see cycles of this happen in a lot of sectors. For there to be significant inflation, you would need shortages in many sectors combined for the overall CPI to be significantly effected.
150  Other / Politics & Society / Re: ARE THE CONSPIRACY THEORIST RIGHT? on: August 02, 2023, 08:46:44 PM
First is covid19 that the conspiracy theorist believed was not a pandemic but a "plandemic" , meaning it was planned and implemented by the deep states to disrupt world's economy, seize powers and control humanity. Actually, during the pandemic of covid19, we were actually living according to the dictates of the scientist and health experts and some of the policies introduced and measures taken shows there was more to covid19 than a disease outbreak. Businesses were crippled,  supply chains destroyed and people plunged into poverty in a bid to supposedly combat a virus that till date no one can explain where and how it stopped being a pandemic. Does this make the conspiracy theorists right? That I don't know!


The coordination by the elites to systematically transfer wealth from the lower classes was not premeditated. Government is a self sustaining entity and during COVID they took the opportunity to consolidate power and centralize the economy to the banks. The ones with all the capital didn't have a problem adjusting to the new economic conditions set by the government. Everyone else struggled.

It wasn't a conspiracy -- they did it in front of us and some portion of the population was so deathly afraid of COVID that they let it happen. COVID was an accidental crisis, and as the say, never let a good crisis go to waste.
151  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 02, 2023, 06:58:29 PM
But at the moment, what is the viability of having many children especially as it could reduce the per capital income.

This isn't entirely correct. The per capita income isn't actually dropping when you have more children because you're not accounting for future economic activity. Per capita income would drop if you assume that new lives born contribute zero to the GDP over a certain period.

Generally speaking, more children means higher overall GDP. If the younger supply of workers tank because of low birth rates, then there's no one left to subsidize older citizens and you'll have a collapse (this is where Japan is headed).
152  Other / Politics & Society / Re: Vladimir Putin has forgiven $23 Billion in Dept Owed by Africa countries on: August 02, 2023, 10:50:50 AM
if you were a third world country where would allegiance be? The one who threatens you or the one who wants to work with you as a partner not as subordinate?

My allegiance would be not be anywhere. Africa's problem is they've been entirely reliant on other countries for economic development. They'd be better off if they could fix their own government by getting rid of the corruption and having a capitalistic economy. Most African countries are endless cycles of war, with preceeding leaders being violently overthrown with the proceeding leaders.

No wonder they rely on so much foreign investment. Nothing comes for free.
153  Other / Politics & Society / Re: Will Trump be indicted ? on: July 30, 2023, 02:41:37 PM
Trump has spent 40 million USD of PAC money on legal fees in the last 6 months: https://www.nytimes.com/2023/07/29/us/trump-pac-legal-fees.html

56M in the last three years. His lawyers must love him. Repeat customer.
154  Other / Politics & Society / Re: The fun ruining fun ruiners want to BAN AI, so let's innovate quicker!!! on: July 30, 2023, 06:40:12 AM
AI won't be banned because it can't be banned. Even go through hassle of establishing ethics and safety boards/oversight, would China adhere to such concerns of AI malpractice? What about Russia? Let the AI hysteria from the dissidents continue. They can cry all they want.

Usually these naysayers will appear at the cusp of every new technological evolution. The computer explosion in the 70's had plenty. Where are they now?
155  Economy / Gambling / Re: Exploring the Math Behind Crash on: July 30, 2023, 06:17:54 AM
It's interesting how the martingale strategy chart this guy presented has a peak negative EV on the 10th bet before decreasing. Without getting into the math, I thought the negative EV linearly grew with each bet, apparently that's not the case. Whatever the house edge is, crash implicates a lot of hindsight bias. I still enjoy playing it and I've seen a lot of clones on other places. Roobet has the best UI out of all of them.
156  Economy / Economics / Re: What roles does the poor play in the Economy? on: July 30, 2023, 04:46:58 AM
Ever wondered why the government's not doing anything of substance to eradicate poverty? Well there's your answer. They need the poor to be there otherwise there won't be anyone to subject to these kinds of ethically inhumane practices.

The government can't eradicate poverty even if they wanted to because they aren't generators of wealth. They could take wealth and redistribute it if they wanted (in fact, many countries throughout history have tried it, it's called socialism), but it fails every time. Take any level of stimulus and inject it into the lower class through direct payments or otherwise, and the poverty levels don't actually decrease over time. The immediate wealth of the lower class increases of course, but again, over time you don't see decreasing poverty rates.

People generally need incentive to work themselves out of poverty and the government isn't part of the equation. As long as they have access to free markets and education, the rest is up to them and not the government.
157  Economy / Gambling discussion / Re: Irresponsible behavior at the Las Vegas Casino on: July 29, 2023, 05:26:51 AM
If you wanted yet another reason to switch to online casinos, there you have it. Dealing with degenerate drunkards and cigarette smoke at land based casinos gets old if you're there to casually gamble and have fun.

That's correct. If they allow drunk people inside and they even offer them more drinks, they shouldn't be surprised by inappropriate acts.
Let's say a guy keeps drinking and pukes at the table? Are they going to blame him or the security, who saw him being extremely intoxicated and did nothing to maybe lead him out, or at least tell him that he's had enough?

IMO the guy shouldn't be charged with anything, just asked to leave.

Once he was forcibly removed, charges are warranted. Granted he'll get a slap on the wrist, at least the lifelong embarrassment will be punishment enough. Las Vegas usually attracts a certain type of crowd, thank god for online gambling.
158  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: July 29, 2023, 03:58:39 AM
Trump to face indictment on additional charges related to withholding classified documents: https://apnews.com/article/donald-trump-documents-maralago-politics-florida-charges-bee867f48da593d351c5a91e87c356a9

The timing of these charges are nothing but political. Hunter Biden's plea deal collapsed after it was uncovered that his attorneys were demanding immunity from future charges related to his crimes. Only a day after the collapse of this plea deal, Trump is hit with more indictments.

Anyways, you'll see that Trump's odds of the Presidency have gotten higher since his last indictment: https://www.realclearpolitics.com/elections/betting-odds/2024/president/

Some theories in the past amongst Trump supporters is that the indictments increase his chance at the Presidency. The bump in his odds as of late is not due to any indictments, rather the dwindling of the Ron DeSantis campaign. He has all but guaranteed the Republican nomination.

Interestingly enough, Trump's within reach of Biden.
159  Economy / Economics / Re: Europe have one big problem the euro currency on: July 29, 2023, 01:11:02 AM
This is not entirely correct. If the world geopolitical stance went against the U.S., this would not mean the end of oil. It would mean the end of the USD, and another reserve currency will take its place. Oil is just another commodity, and it is only under the tyranny of the U.S. due to its global dominance. One day, this might not be the case.

This is exactly correct. I see this misconception about USD a lot. USD is backed by commodities plus military strength. The U.S. is years ahead every other country in military R&D, with China being behind them, and that puts high value on USD for stability reasons. It's why oil prices can collapse and USD can still main resilient. The U.S. economy can have trouble and it still won't send people running away from USD entirely.

Venezuela's currency is entirely backed by oil, and when oil crashed, so did their economy. You cannot merely have a currency built upon a commodity.
160  Bitcoin / Bitcoin Discussion / Re: US Presidential candidate announces plan to back the US dollar with Bitcoin on: July 28, 2023, 09:12:26 PM
It's entirely impossible to back the U.S. dollar with anything, even partially (say new U.S. dollars created were proportional to some tangible or digital asset).

Once USD deviated from the gold standard, there was too much will by the government to keep borrowing future dollars and hoping the economy would grow quick enough to warrant the borrowing. It was a sound strategy except for they kept printing too much money. And over recent years, the rate of debt generation has increased. The hole is dug too deep to back the U.S. dollar with Bitcoin, essentially. The perverse incentive of deviating from the gold standard was government became an entity that was interested within itself by the members who ran it. It never actually helped the constituency.
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