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341  Economy / Economics / Re: "Shrinkflation" is coming back as a narrative on: February 07, 2024, 08:07:06 PM
Because the economic situation in some regions of the world continue to worsen, politicians are using newly invented economic terms like "Shrinkflation" to to blame the companies as being too greedy, and to "rationalize" the effects of printing too much money and having too much debt - that the government may never repay.

I believe as Bitcoin HODLers, we should welcome more money-printing because Bitcoin will absorb some of that excess liquidity, and make the price surge. But it should also make us more distrustful of the policy makers because they know there's no "Shrinkflation", only inflation and the negative effects of money-printing.

Shrinkflation has been around for decades, it's nothing new or unique. Companies try to trick consumers, their customers, in all sorts of different ways - so you always have to be on the look out and probably want to stop using the worst offenders because their are other options out there. Whether it's adding more packaging space (very wasteful), injecting meat with water so it appears to weigh heavier, or purely re-arranging the shape of a chocolate bar to skim off extra grams while still selling it at the same price, the options to be sneaky are huge and in use. There really should be laws that force companies to change their packaging and make sure customers are aware of this abusive manipulation.
342  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: February 06, 2024, 08:35:14 PM
Some of the mistake was repeated by the gamblers even after the loss in the gambling.The foremost one is the greedy,the gamblers mostly the new gambler get into the greedy after some decent profit in the gambling site.

Over Confidence:
This was the common one to the new and experienced gamblers,because the continuous winning mostly give the greedy and over confidence to the gamblers.The gamblers will go for the high betting after the continuous winning in the betting.The positive wipe was occurred with the over confidence,most of the gamblers go for the high betting after the over confidence.

The draw back of the over confidence is most of the gamblers will make loss their holding dollars in few bets.So the gamblers should avoid the over confidence after the continuous winning.


Greedy:
The gambler should avoid of the greediness in the gambling after the continuous gambling winning.The gambler should try to withdraw the funds from the gambling site after the good winning in the gambling site.Many loss the capital by doing high betting and random betting with the positive wipe with more winning.The most of the successful gamblers may skip greedy in their betting.

Share your opinion about this two mistakes with your experience.

It's a bit of a false narrative from the outset and some flawed reasoning. Let's say you drop $100 into a gambling site and play for a day. Chances are you may get lucky once or twice if you keep playing through your money repeatedly on casino games, which might spike you back to your starting $100 or even a little way above it. However pretty much all of your playing time will be a situation where you have lost money, so are unable to cash out in any sort of profit. Some people get themselves into such a state that they lose that initial $100 deposit and then add another $100, but at that point they have entered a slippery slope and will likely never be able to break even or make a profit again by following this logic.
343  Economy / Economics / Re: Poor people need solution now on: February 06, 2024, 08:25:53 PM
This is solution, first they need to Understood the system does not serve their needs.
What they could do is start using their own Community money backed by food and fruits.
Becouse If your Community grow food you can never be poor poor people you see your goverment don't care, why you use someones money who don't care about you ?
Leave your goverment currency and issue your own Community money.
And If your poor Community Grow food it means other people out of your Community need your food, so in order to get your Community food they need to obey your Community rules and they need to buy your Community money with rate that's beneficial for you.
Same goes for Europe farmers,stop play around with goverment just issue your own money stronger money and tell them you want our product you buy our currency or you can starve.

If you see someone not good with you then leave their system people only Are poor becouse they go along with the system , nobody not superior of you we all are Humans so If create the our own system then we prosper.

So Communities If you got food everybody out of your Community need food so you issue your own currency and you gain wealth.
And all the Community using this currency nobody poor anymore or problems.

By the time you grow more the less power goverment will have over you.
If you see something not benecifial for you dont use it.

I don't use Banks anymore i told my bank you are scam.
If system does not make you wealthy don't use it.

I Also told my bank you have so much money why don't you share % with me ? Becouse Im share holder of BANK if i invest in bank my money held by bank its Investment.
So they are crooks just becouse the people are use to with something doesnt mean it's honest by nature.

So Communities If you got food you are blessed issue your own money and stop dealing with people who don't benefit you.
If you issue your own money and goverment come to buy with their money you can set your own rate higher so If they don't want then you sell to those who want.
Off course they want becouse everybody need to eat
So you make your own money and your own Community people all live Nice.

Oh no, your bank must have been so hurt that you dont use them - not really, they don't give a toss and I somehow doubt that you have much money to hold in the bank anyway. The world is a very unbalanced and in many ways unfair place, some people happen to be born in countries that give them a lot of advantages and others will be lucky if they get any form of education in their early life. The bank is not a charity, but you appear to be begging for handouts, what makes you so special over the other billions of people who want free money as well? You're not special, nor deserving of free money either. Free money to fund your life does not exist, but even if it did it will never make the taste of earning your wage better.
344  Economy / Gambling / Re: Does anyone find the spate of online casinos a bit uninspired? on: February 06, 2024, 08:02:25 PM
A lot of them seem to be hastily assembled clone sites with very little effort put in and gimmicky marketing. Do you guys have any thoughts on this... plague?

The reality is that there simply are only so many games that can be offered in different combinations with lots of appealing graphics and fancy sound tracks. Beyond that the basic structure of a slot game remains fairly static with all the other stuff just being "fluff" and side games to distract you. I find it shocking simply how many games, usually white label design, you'll find that are shared between casinos - you can scroll through hundreds of the same ones on sites that you might not assume would be using the same software. Fiat currency and cryptocurrency sites now often use the same big game providers, meaning there is even less to distinguish them. On top of that certain casinos do try to add variety by running their own live in house games, but they too are hard to distinguish.
345  Economy / Economics / Re: Opportunities During Economic Downturns? on: February 06, 2024, 07:53:53 PM
Are there any potential benefits that can arise from inflation, recession, or economic downturns? As they say, necessity is the mother of invention. We see an example when people in a country are  faced with very imports duty that individuals there become inspired to establish local businesses and initiate domestic production and start consuming locally as an alternative to imported goods. While this approach might prove successful in certain countries, others may encounter obstacles such as high operating costs and countless taxes on startups. This is a challenge that discourages local production. Despite these challenges, do you think there are still opportunities during economic downturns?

The economic cycle goes through natural booms and busts, in the good times people spend a lot and eventually they spend too much - often becoming wasteful with fanciful projects. All sorts of triggers can then flip the switch, causing creditors to call in their debts and stop lending so much. This causes good businesses to tighten their belts, optimize and become more efficient with their money, they start to look closely at all their outgoings again to trim the excess. Badly run companies or those that refuse to adapt to the new environment may often fail, but the most successful companies are never static or only survive through the good times. There is definitely a sense of renewal and removal of inefficient companies when you're at the bottom of the cycle.
346  Economy / Gambling discussion / Re: The scam of FAKE fixed matches on: February 05, 2024, 09:01:20 PM
This is another form of scam I've seen being promoted heavily.
So if you have even the slightest interest towards sports, you're likely to follow some teams' or atheles' social media accounts.
Instagram tends to freely share your personal information with "advertisers" which often just means scammers.
So this scam is often targeting sports fans through Instagram and Facebook.
And if you or your friends follow something related to gambling or sports you're likely to be targeted by such ads promoting this scam.

So let's examine what this scam is about.
If you click into an ad promoting this type of scam, you'll be prompted into a Telegram channel where supposedly information about fixed matches is provided.
As you probably already know, scammers love telegram.  
The room will be populated with a long history of highly polished messages about supposed information and past success stories.
However, what matters most is the most recent message in the channel.
This message will mention the exact score of a supposed fixed match.

What's the catch?
Well... This match doesn't exist. Perhaps the teams will sound a little plausible, but then they will say [U23], which means that you can't bet on such a match anywhere.
The whole allure of this scam is to actually put your money in THEIR recommended bookmaker because it's going to be the only one accepting bets on this otherwise fictional match.
And then you'll be met with the harsh reality that this bookmaker only actually takes deposits, no withdrawals!

The above is a rating someone left for this fake bookmaker called SpaceXlife. It appears that this scam operation has been running for 2 months.
Probably once the scammers feel like they've made enough they'll just switch to a new name and website.

All this might sound too obvious to you but people unaccustomed to online gambling could easily fall victim to something like this.
It's sad how social media has made the process of scamming so streamlined actually...

The idea that people are out there pretending to offer fixed match insider information is ridiculous, although they will probably have snagged some people if they make the pitch convincing enough. Some people are just too susceptible or gullible to greed, but we all learn through our mistakes. The main problem with such an idea is quite frankly, match fixing itself is illegal in most jurisdictions which makes it a dumb thing to advertise if you were doing it. Besides that, the actual people - the players - never want it to be known that they are effectively cheating and rigging the game, as it would crush their career. Then you have the idea that if everyone can find out what fixes are taking place, the bookmakers stop offering profitable odds on those markets.
347  Economy / Economics / Re: One of the biggest problem in our society is that average person don't have on: February 05, 2024, 08:53:58 PM
Average person don't have access to capital flow.
And cryptocurrency should be working that way like the average person so everybody can have access to capital and make wealthy themselfes and family.
Now If you go to the bank to ask money even If they see you have good skills good knowledge they still don't give you If you not meet the criteria of requirements.
But to meet with those requirements it's allmost impossible. (The game is rigged)
And even If you get the funds you pay back with high % you end up just working for those who got money it's humilation but all they have done is just they been born into right family the upper class to get good education so they can be privileged and If you meet with them and talk many of them  they are not genius at all but what they have in common is that they want to get profit from someone else hard work and they can do that only because they are the very few people who got access to capital and most of the people don't.

I happened to watch "dragon den" show i see that people there they acting like big hedge funds does it so they just looking for people who want to be working for them for just little money what they offering so all those talented people will do the hard work and top on that they agree to get humilated on tv and then they will be working for capitalists, it's always easy to do business If you have access to capital and money that's the key to keep you poor.
With cryptocurrency everybody can access to endless liquity and finances and that's nice the average person without education or even financial background can earn money here without rigged rules or restrictions.

Let's cut the long story short the system doesn't serve us the way we can be wealthy.
Cryptocurrency is here no restrictions no limits and only your imagination how much you can earn.


The banking system works on trust, it is really quite simple. Banks are companies, they make their profits from the gap between taking in deposits (which they may pay a certain reward on in the form of an interest rate) and being allowed to lend out a certain leveraged amount in the form of loans. They are not designed to give money away and have to do their due diligence on anyone who wants to borrow money, if they don't do it properly then you end up with a situation like the 2008 financial crisis. They have a regulator who is meant to keep order and check on things. Lots of people have wonderful ideas, but are unable to compose useful products and services that fill a niche at the right price, which is why so many people get turned down for bad concepts.
348  Other / Off-topic / Re: Having a regular/steady income is important as a gambler. on: February 05, 2024, 08:34:20 PM
Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this

Unless you are playing poker or somehow sports betting at a very profitable level, then you're unlikely to be able to make a livable income stream out of gambling. That means you must devote a large chunk of your life to a regular paying job or creating your own business to earn money. This also gives you an invaluable insight into how hard it is to earn your money and for me at least, makes me much more careful about the entertainment that I spend it on. The key is to keep it as a bit of fun, when you start trying to think of it as a guaranteed thing, you're likely to lose focus and start overreaching. Try to avoid setting goals in gambling as well, because often times it is completely out of your hands and subject to huge variance.
349  Economy / Economics / Re: The Current World Financial System Is Rule Based Order, The New One Must Not on: February 05, 2024, 08:27:47 PM
The Current World Financial System Is Rule Based Order, The New One Must Not
Source: https://youtu.be/SlKp97QfRuU

The truth is the current world financial system is rule based order, it is never fully fiat.
There are some kind of secret rule of inserting money that very little people and entities know.
If I not wrong, that system exist since 1940s.

But you should not care much for it is just waste of time.

All you need to know is the new financial system must not rule based order.
Whether it “replace/destroy” or “coexist”  the current rule based financial system or not, it just does not matter much because nothing can last forever.

So what is a non rule based financial system?
Well, it is a system that contain many smaller systems within.

The current cryptocurreny system is an example of that but that is not good enough for various reasons.

Most likely the current world war chaos conflict is all because of the current world financial system.

I do think the current conflict will only end when a new real non rule based financial system information/concept that many nations can agree appear.

But the sad part is not many of them willing to “invest” in me the one who is holding that sacred information.

Macro issue is very complicated with most of you so I should stop here.
If any of you want more information, then please contact me in private as soon as possible before I gone fully offline.

Best Regard,
The Savior Messiah Buddha

People who spout nonsense like "we must not have order" are utter morons. Order means that you get road networks, internet access like the kind that powers this forum, it brings medicine and healthcare to the sickest people, it means police exist to at least try to enforce laws, it is what keeps power plants running so we're not all freezing to death in the middle of winter and it all revolves around having a functioning monetary system that can be trusted. The only people that are interested in seeing that not exist are leaches or people who contribute nothing to society but bad ideas. If you want to live in a country where chaos rules, then move to somewhere like North Korea where you will have absolutely nothing, or less than nothing.
350  Economy / Gambling discussion / Re: Who should quit, and why? on: February 04, 2024, 06:36:32 PM
Hey house someone need a few clips here, don't know if a post of this exact nature has been discussed though.

In a situation where the both spouse are gamblers. Husband gambles, wife gambles, how can both of them manage the situation in terms of finance and the family affairs especially when children are now involve so that the time both spends on gambling doesn't affect family moments and affairs in general.

Would it help if  one of the couple quit for the other and if that's the case who should quit for who.

Maybe a better question is who is safe to gamble, because there are too many scenarios where people should not be playing and should quit it altogether. Having a fair amount of disposable income is a good start, far too many people who are barely scraping by money-wise still think it is a good idea to spend what little they have on extremely speculative and zero sum games like this. Which is highly dependent on a second criteria - you need to understand the basic math involved with betting, and that you are more likely to be killed by a shark, than you are to make it big in a place like a casino - all the games you're pouring money in have been statistically rigged against, but occasionally you'll get little cookies back that trick your brain into believing you're a winner. Do your research and understand how the numbers really work before giving up your hard earned cash.
351  Economy / Economics / Re: A course worth studying ? on: February 04, 2024, 10:39:38 AM
So, I watched a video recently where the guest speaker said, that if he gets the opportunity to advise teens in high school he would tell them not to study economics, and it made me scared because I'm studying economics. So, it was like... ' Did I make the wrong choice or something? '. Moving further in the video, I realized that what he was saying and explaining had already been said by my economics lecturer before.

"Economics is a day-to-day practice and is an easy endeavor made difficult for study reasons", he usually said. Watching the video to the end, I asked myself, "If I had the opportunity to go back in time would I pick another course to study? " And the answer was ..." No". And if I have the opportunity to advise any high school student about courses to choose... I'd say "Economics". The more people learn about even basic economics, the better the economy of countries.

So, if you had the opportunity to advise people about courses to choose In University, what would it be and why?

It is a bit of a dilemma really, because universities increasingly see and treat their students are a business enterprise. The more people they can hook in and train, the more money they are able to get for this "business". This leads to an explosion in courses which offer questionable value and may not be worth the money in the long term, or simply flooding the market with too many people for a niche topic. However it has also created a situation where unless you board the train or play the game, you will always be at a disadvantage in the jobs market against candidates who can put any form of qualification on their CV - like a university degree of any kind. Even lower entry level jobs these days are (sometimes unreasonably) expecting these sort of candidates.
352  Economy / Gambling discussion / Re: Another health benefit of online gambling on: February 04, 2024, 09:40:55 AM
My neighbor has tuberculosis and from the information I gathered from a reliable source, his case is so severe. He is at the lung cavitation stage of the disease and he has been advised to avoid overcrowded environments for his health and the safety of others. But my neighbor who is a responsible gambler will always visit physical betting shops. Some physical gambling shops in my area are poorly ventilated and they could be overcrowded and stuffy. Sometimes you could see that he is struggling to remain in the casino shop and such cases he would be coughing heavily. I have told him to focus on online gambling but he told me that he is more entertained in physical bet shops.

Betting with online gambling firms will shield you from contracting communicable diseases because you are all alone in a comfortable atmosphere. My neighbor's behavior has made me focus only on crypto casinos because I am scared of my health. Don't get me wrong there are many well-built and very comfortable physical casinos that offer quality services, but when you are an online gambler you will not need to worry about the health concerns of fellow gamblers.

Sounds like a bit of a catch-22 situation really, because you're right that it's possible to catch more communicable diseases in these environments, but it might also have been one of the limited options this person was using for exercise. Let's say someone in this situation is heavily house bound, maybe just making outside visits for shopping and visiting these gambling shops. Exercise is important, even if only going for a walk it will stretch the legs and improve circulation. If you lower the amount of physical activity someone is doing, when they are already doing minimal amounts, it might actually have a worse health outcome on them from that perspective. You'll also find that many gambling shops have actually upped their game when it comes to cleaning, since the threat of Covid which was leading to many being wiped out unless they took such action.
353  Economy / Economics / Re: are we returning to stone age? on: February 04, 2024, 09:33:16 AM

i cant help. but seeing everything is in the rapid decline, I'm not know-it-all immortal being, but the rate of declining is insane. everyone treating life as YOLO, like the VIDEO GAME, where you can reset and replay the GAME again!

it is not real! the system clearly is getting glitched and out of control, I dont know what better words to describe this phenomena, education is on the rapid decline to a point it is like a city where simon quest occured, and the town is ravaged of gossip that is not true but a big LIES, such as "dont look at the death star or you would die!" the fittest survivalism is going full throttle, it is unbelievable some global power must be behind this insane decivilization, idk how they did so, they doing this virtually undetectable. can this be made into a film or into history chapter?

Or none of you have aware of what I'm talking about? it is scary moment I'm seeing something totally abnormal around me.

there is nothing I can do in real life, got totally silenced, this is where I can even sound my concern.

what I fear most is the lifespan would soon decline to cowboy age where average life of the peasant is about 30yo due to the poor healthcare and knowledge, also based on barbaric cowboy beating each other on street trying to impress girls.

In the era of Tiktok and endless scrolling, we are being psychologically trained to have ever shorter attention spans, which is basically the definition of attention deficit disorder. This makes it harder to concentrate or wider tasks or productive projects, but it's only one piece of a much wider puzzle. Humanity itself has overtaken and consumed this planet, constantly accessing ever more resources but there is always a tipping point. We see it with climate change, where the world is slowly heating up and those heat changes can also subtly effect our wider behaviors, but it takes place over a long time. Life expectancy is stalling a bit, but then again it is to be expected because the body does degrade at a certain rate over time as DNA and cell production gets weaker.
354  Economy / Gambling discussion / Re: The "loaded slots" scam on: February 04, 2024, 09:18:14 AM
I think there should be more discussion warning about scams here.
This particular scam is pretty old, and goes all the way back to a time where slot machines were physical coin toss and lever machines with actual spinning parts.
Back then it would actually kind of make more sense. A "loaded" machine could in theory give out more rewards.
But people unaware to the scam wouldn't know that hitting a jackpot doesn't actually pay from the money the machine holds anyway even back then. So we're talking about a scam that has been around for ages actually.

But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.

It's important to emphasize that this is an outright scam. Slot machines, especially virtual ones, are based on chance alone.
So the term "loaded slot machine" does not apply at all. If you have ever seen someone believing in this myth, do your best to dispel it.
If we're going to gamble, at least we should be educated about it and do it in a healthy manner, without falling into the trap of fallacies.

There is nothing particularly sophisticated in this scam, it just leads back to the old adage - a fool and his money are easily parted. Anyone who uses just a little bit of common sense would determine that what you've described is complete and utter rubbish. You have really got to be desperate and suspend all rational thinking in order to go along with something like this. Like with many things in life, just stick to a few ideas like "If it sounds too good to be true, it probably is" and "Why if this is such a successful and money making endeavor, would someone be selling this magical trick and not milking it for every penny themselves?". Honestly, it's such a dumb concept that people who lose money to it might need to be taught that lesson the hard way, because it's the only way they will learn - with a painful memory.
355  Economy / Economics / Re: If you want to get rich, you have to become immune to the money.......! on: February 03, 2024, 03:09:58 PM
If you want to get rich, you have to become immune to the money.

What does it mean?

  • Do not desire your own money. It turns you from a producer to a consumer.
  • Do not desire the money of others. Envy is a deadly sin. Because it will distract you from your own mission.
  • Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.

Only this way you will get rich from zero.

How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success?

This is just advice for having a good and healthy life in general. You should not envy what other people have and keep your head down with hard work. If you focus on improving yourself, you'll live a much happier life in general and nobody should be wasting their time wondering what other people are doing. You should definitely be putting any money you are able to get to work however, as too many people out there will frivolously spend on unnecessary rubbish. Not sure about point number three however, because people should often be seeking out ways to improve their own salary if they want to stay ahead in life, the minimum wage is always creeping up and often employers will take advantage of any people who don't ask for raises.
356  Economy / Gambling discussion / Re: VPN - Differences between countries where gambling is legal and not on: February 03, 2024, 02:46:45 PM
VPN is something that is popular and widely used, including for gambling. Regardless of privacy issues or access to sites that are prohibited in a country. Regardless of whether a casino's policy allows the use of vpn or not, are there any differences in protection for gamblers when they come from countries where gambling is legal?

Such as protection for gamblers who are cheated by casinos because their games are considered suspicious or because their accounts are blocked unilaterally by the casino. If yes, how do report it? if there isn't then there is no difference between countries that legalize gambling and those that don't


If you want to be safe when using a gambling site, you should really avoid ever using a VPN, as you will often find that they are explicitly restricted and forbidden in many terms. They unfortunately are often used by cheaters and abusers to hide, which makes them a target for casino companies who can only block them to avoid issues. They are often also shared between many users, which mean you might get accidentally mistaken for someone breaking the rules as there are few ways to identify you reliably outside of the IP address. If a casino does not want your business, because of jurisdiction limitations, you might set yourself up for failure when trying to cash out when you have to supply identity documents that say you are in a country they've banned from accessing the site.
357  Economy / Economics / Re: Business/Entrepreneurship. on: February 02, 2024, 08:26:22 PM
A wise man once said "Entrepreneurs are problem solvers" usually looking for new ways and solutions to both existing and newly discovered problems. So, the word innovation and entrepreneurship work hand in hand and cannot be put separately

Although the words business and Entrepreneurship have been used interchangeably they aren't the same. While Entrepreneurship has to do with the indulgence and bringing up of something new despite the risk, while, business has to do with capital and profit straight up. Here, you buy other people's products and sell them at a higher price.
Both have risks, but that of Entrepreneurship spells out risk itself. Even though I can't shake off the fact that entrepreneurship is simply capitalizing on People's problems to make a profit, I can say that entrepreneurship has positively helped a lot of people.

So, if you had the opportunity to invest your money into something would it be to start up something regardless of the amount of risks that come with it, or would you rather open a business or make a simple investment into assets?

Maybe it's more like problem solvers are entrepreneurs, instead of the other way around. People who are looking for better ideas and ways to improve the situation around them, will naturally make good entrepreneurs but they may choose to stay within an organization or company, rather than branching out to do their own thing. You can be a problem solver without wanting to bother with creating your own company or taking major risks however, some people get very well compensated within existing companies for doing just that. It's also possible to solve problems by over engineering as well - if you make something vastly more complicated or expensive, it is not necessarily a better solution for the majority of people.
358  Economy / Gambling / Re: How Crypto casino market themselves? on: February 02, 2024, 08:07:02 PM
I am curious to know who are their targeted audience and at what age group. In general gambling people target countries like thailand more but probably this is not the case with crypto. Do they target nerds or total dumbs? How efficient they are between their marketing tactics?


They will use every trick they can use and they are always looking for the best trade off, between cost to purchase marketing and converting users into paying customers. Often once they reach "critical mass" and become self sustaining, they will often have a lot more freedom to test different advertising mechanisms out. They may even float them for many months or even years if they are at the right price point, just on the off chance that low key adverts could send one or two whales their way which they may not even be able to measure. They are primarily looking for betting people, plenty of them might have intelligent but they have a blind spot when it comes to pouring their money into these games or they do it with eyes wide open.
359  Economy / Economics / Re: Why does a country borrow money from the world bank even when they can afford it on: February 02, 2024, 08:00:04 PM
This might appear a mere or cranky question but yeee. Its been one of the interesting discussions raised by the average and vulnerable citizens in the country usually at when the masses feels the governments are playing over their intelligences and making caricature of them and yet this question keep staying questionable even after being answered.
Question: Why does the independent, developed and  productive countries still borrows money from the World Bank even when they have enough to execute their excused reasons given why they have to borrows the money?
I am interested about this because in my country, we are independent and a productive country with revenues ought to be contented enough to execute the projects in demands of what they still borrows from the World Bank for and yet there is no economical improvements in the country instead we are running economical backwards.

You say this is happening, and maybe it is, but why don't you give an example of these countries that are in such dire straits that they have to borrow when they can supposedly afford it already? I can't say I know of any examples, the world bank is the equivalent of a pay day lender, no government wants to go cap in hand to them as it admits their country has hit rock bottom. There are often some quite heavy strings attached to unlocking loans from the world bank, like concrete steps and law changes that could be very uncomfortable for certain established powers, like oligarchs who might have their little fiefdoms threatened and try to strike back at politicians. You might think you live in a productive country, but it's a race to the bottom and hard to be profitable these days.
360  Economy / Gambling discussion / Re: Gambling addiction does more harm than mere financial loss on: February 01, 2024, 09:25:46 PM
Gambling addiction has been known to be associated with serious funds loss, bankruptcy, unsettled loan involvements, properties auctioning and other irritable financial behaviors that depicts frustration and desperations from the victims.
A little more observation shows clearly other effects of such addiction to just not the addict alone, but those around them, be it friends, family or neighbors. Here are a few of them:

Negative impression on children/ dependents: His addiction can corrupt the good intentions of the younger generation looking up to him for inspiration, they may grow up to see gambling as a way of life and follow the wrong footprints.

Decrease in overall productivity of individual: Addiction reduces the value that you add to wherever you are engaged career wise as you are mostly distracted with gambling thereby reducing your commitment and dedication to your duties, this might significantly reduce the overall company productivity and lead to job loss.

health Challenges: A gambling addict is always under pressure and tension and as such is prone to health challenges like high blood pressure, depression, and on the part of his people, they might be suffering from the psychological implications of his lifestyle which includes social stigma.

violence : most gambling addicts are prone to violent behaviors owing to anger issues from much losses and this might greatly affect his relationship with his immediate family and people around him who might start seeing him as a wild animal.

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.

What I've seen in life so far is that there are many different personalities, which can be a product of their upbringing and environment, but you can have people who lived poor and happy, or those who lived rich and angry - with the whole spectrum in between. If someone has got hate or nasty traits in their heart, to blame gambling on amplifying them is a bit of a cop out, if it wasn't betting they might still be likely to express those traits being triggered by something else. Stress can really mess people up and will bring out the best or the worst in some, but it doesn't excuse bad behavior. Knowing how to be a good loser, self evaluation on how to avoid that predicament in future and when to leave is one of the important things to learn in life, instead of taking it out on others.
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