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541  Economy / Economics / Re: Coping with Risk. on: February 12, 2024, 05:40:23 PM
Investing in bitcoins exposes you to technological risks, such as hacking and errors in cryptocurrency management. On the other hand, a physical business entails risks like fires, thefts, and market changes. Each of these options has its unique challenges, and people have different preferences. For example, older individuals tend to be skeptical about cryptocurrency, while the younger generation embraces new and innovative concepts and may take risks.
That's true, however, if we look closely and be honest about everything, there are more earning opportunities online these days than offline, and one can earn more money with less investment online while physical businesses and investments require more money and more effort and return of investment takes more time than it might take for online businesses or investments. Risks are present on both sides, and precautions must be taken for any business you start.

In my opinion, the severity of risks depends on a person's understanding of the area and niche they are getting into. A businessman managing businesses in the world will have a hard time starting an online business unless they hire specialists for it. Similarly, someone who has a better grasp on online stuff will barely be able to manage a physical business because of a lack of understanding.
The internet has opened up a plethora of avenues for people to generate income. The accessibility and potential for scalability in online businesses can lead to quicker returns on investment compared to their offline counterparts. But both online and offline ventures carry their own set of risks. While online businesses may offer lower barriers to entry and potentially faster returns, they are not immune to challenges such as market saturation, technological disruptions, or cybersecurity threats. Offline businesses can offer stability in certain industries and markets, but they may require more substantial initial investments and longer timelines for ROI.

The key to navigating these risks effectively lies in understanding the nuances of the chosen industry or niche. Success in either domain hinges on a combination of market knowledge, strategic planning, and the ability to mitigate risks effectively. People can make informed decisions to maximize their earning potential while minimizing exposure to potential pitfalls by carefully assessing their strengths, weaknesses, and understanding of the chosen field.
542  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: February 12, 2024, 05:31:19 PM

There are still a lot of matches that will prove to be a testament to De Rossi, but the question remains whether it will make them better or not. Again, I have to say it's a process, of course with a new coach there's going to be a transition, I can't say if it's going to be the way we want it to be or not. Time will tell.
The defeat against Inter cannot be used as an excuse for De Rosi not to be able to build the club well because after all he has tried very hard even if seen from the match in the first half they actually played very well and could even take the lead over Inter.
But the current situation with the few wins he got and the defeat received against Inter is still not a strong guarantee because after all we know that the end of the season is the right benchmark whether he can be called worthy or not to become Roma coach.
De Rosi's current contract is only an Interim coach until the end of the season and when he can pass Roma in the Europa League play offs and can bring Roma to finish better in Serie A then the choice of officials to replace Mou with De Rosi is the right decision but on the contrary if he fails to give his best because Roma do not qualify for the play offs and in the domestic competition his performance remains the same and even tends to decline then why is it forced to be maintained next season.
There is indeed a process to be seen in this case but the process in question and De Rosi future plans depend on his current performance until the end of the season he gives Roma .  
Despite the loss, there were glimpses of promise, particularly evident in the first half where Roma performed a good display and even scored two goals against currently the best team in Serie A. While De Rossi has undoubtedly exerted considerable effort, the number of wins attained and the recent defeat against Inter don't provide a solid guarantee of his coaching prowess. The end of the season will serve as the ultimate benchmark to assess his suitability for the role.

De Rossi's fate hinges on several key factors. Qualifying for the Europa League and achieving a better finish in Serie A could validate the decision to appoint him as Roma's coach. Failure to meet these objectives or a decline in performance could raise doubts about his continuation. De Rossi's future with Roma depends on his ability to deliver results and showcase tangible progress by the season's end. While there's a process at play here, it's contingent upon his present performance and the execution of his plans for the club.
543  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 12, 2024, 05:20:14 PM
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European leaders might soon start bidding against each other. Its interesting that Barcelona wants Mitoma because he looks like the missing piece on their side. Because of their money problems, they might have to come up with a creative plan. Putting Ansu Fati in place of Mitoma is a bold idea, but it depends on a lot of things, right?

Because Chelsea has a lot of money, they are in a great situation to sign Mitoma. However, Chelsea may only be able to solve the problem by spending more money on it. Brighton will demand a high price for its star player, similar to how Dortmund builds up and sells promising players. Brighton knows how to work the market. Whatever Mitoma decides must have more to do with than just money. It has to do with his growth and ability.
The potential bidding war among big clubs for Mitoma certainly adds an intriguing dimension to the transfer market. Barcelona's interest in Mitoma highlights their recognition of him as a key addition to their squad, potentially filling a gap they've identified. But, given their financial constraints, I'm doubtful that Barcelona's interest is genuine. Maybe the idea of swapping Ansu Fati for Mitoma is what makes the rumour coming up.

Chelsea may be one club who are willing to pay for 27 old player with their financial strength putting them in a favorable position to pursue Mitoma aggressively. Yet, acquiring him might require significant investment, considering Brighton's likely high asking price. Brighton's reputation for shrewd market dealings, akin to Dortmund's strategy of nurturing and selling promising talents, suggests they won't let Mitoma go easily. Mitoma's decision will likely be influenced by more than just financial considerations. His choice must align with his personal footballing ambitions, weighing factors such as playing time, development opportunities, and the overall project of the club courting him.
544  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: February 12, 2024, 05:08:58 PM
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Arsenal really taught West Ham a valuable lesson in yesterday match because West Ham defense was so bad in that match that Arsenal were able to score 6 goals in that match. West ham in their last 5 matches were unable to win and even their defeat against Arsenal made their situation even worse. So, for Arsenal, they have the ambition to return to the top of the standings, but the performance of the two teams above them also managed to get full points so there are no changes this week.

West Ham, which is starting to lose their best form, is starting to be overtaken by other teams in the standings where Newcastle United and Manchester United managed to overtake West Ham. Statistically, Arsenal managed to launch 25 shots at West ham goal, of course Arsenal's game was so good in that match that West Ham didn't have a chance to attack Arsenal's goal.
I was surprised that West Ham performed that bad, but it was indeed a remarkable display from Arsenal yesterday. Their clinical performance shows also the weaknesses in West Ham's defense. Scoring six goals in any match is no small feat, and it certainly implies Arsenal's determination to climb back up the standings. For West Ham, this defeat adds to their recent struggles, with a string of winless matches weighing heavily on their form.

The statistics paint a clear picture of Arsenal's dominance in the match, West Ham had little room to mount any meaningful attacks. While Arsenal may have their sights set on reclaiming a top position in the standings, the challenge remains Manchester City and Liverpool maintaining their winning momentum. Nonetheless, performances like this serve as a reminder of Arsenal's capabilities and aspirations for success.
545  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 10, 2024, 11:58:48 PM
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Jus as expected of inter Milan they did performed no less because if it had been they drew with Roma it would have been considered a weak performance from them because they are literally the biggest in the Italian serie A this season, because both in the domestic league and the elite league where they played they have been doing well.

Playing against an unstable team as Roma, linter Milan was expected to do no less and I will say they did delivered, Roam was playing from home and that's what makes it even more glorious fro inter Milan, even under the management of Mourinho Roma still wouldn't have been able to win inter Milan.this season especially in this game that's seen like a determier because so far this mean inter Milan is already a few steps to the trophy and will most likely not lose it, but then Roma did tried as I never expected this much performance from then but they did it anyways.
Inter Milan's performance against Roma lived up to expectations. As the fovorite contender for the league title, anything less than a win against Roma would have been considered a disappointment. Roma, with their new inexperienced manager, faced a formidable challenge in trying to overcome Inter Milan, especially considering Inter's consistent performance both domestically and in elite competitions. The fact that Inter secured the win, particularly while playing away from home, shows their superiority and determination.

While Roma may have put up a fight by scoring two goals, Inter Milan's quality and resilience prevailed. This win further solidifies Inter's position as frontrunners for the Serie A title this season, with the trophy seemingly within their reach. But Roma have put their best efforts and resilience, as they demonstrated determination and competitiveness despite the odds stacked against them. Inter Milan will undoubtedly continue to push towards their goal of clinching the Serie A trophy, but they must remain focused and determined in the face of potential challenges from Juventus.
546  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: February 10, 2024, 11:45:39 PM
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Are you Bayern Munich fan?  Grin
Sure, there must be many people who feel disappointed with Bayern Munich. People want to see a tight match, people assume Bayern Munich will score goals. Unfortunately, Leverkusen dominates the chances for scoring goals and they succeed to score 3 goals. Meanwhile Bayern Munich only won the ball possessions, they scored no goals.

Well, the point from this match is also very crucial. By this defeat, Bayern Munich missed the chance to overtake Leverkusen on the table. Leverkusen even leads the table with a more convincing point now, they have 5 difference points with Bayern Munich now. I think with the gap, Leverkusen is more confident to win the title of Bundesliga for this season.
The result of the game is a surprise considering Bayern Munich have reputation for scoring goals and dominating matches. Leverkusen's ability to capitalize on scoring opportunities and secure a 3-0 victory undoubtedly came as a surprise to many. This defeat not only affects Bayern Munich's chances of overtaking Leverkusen but also impacts their mentality to keep challenging for the title. With Leverkusen now leading the table with a five-point difference, Bayern Munich faces a more challenging task in their pursuit of the Bundesliga title this season.

The gap between the two teams certainly gives Leverkusen a boost in confidence and momentum as they continue their campaign. However, in football, anything can happen, and there are still many matches to be played. But the Bundesliga title race is far from over, and both Bayern Munich and Leverkusen will need to maintain consistency and focus in the remaining matches to secure their positions at the top of the table. Fans can expect an exciting and closely contested battle for the title as the season progresses
547  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: February 10, 2024, 11:35:59 PM
This match against Lille is important
So far, it has been a calm showing for PSG against Lille, as they lead by 2 goals to 1 thanks to a Ribiero own goal in the early stages of the second half. If PSG maintain their lead and get all 3 points; they will be top with 11 points over second placed Lille side.

It’s been a fantastic build for Luis Enrique in the French league with PSG
This victory made Paris Saint-Germain unstoppable at the top of the League One standings, and with this victory it also made Paris Saint-Germain lead with 50 points from 21 matches, 11 points ahead of Nice, the second ranked team. While Lille is stuck in fourth place with 35 points, of course this victory makes Paris Saint-Germain more relaxed and can make the Champions League their main focus this season. This was seen because Enrique deliberately did not play Mbappe in that match, in order to maintain the player's fitness to face Real Sociedad in the first leg of the Champions League. Enrique also wants to prove that without Mbappe Paris Saint-Germain can score goals and win. So Enrique wants to say that he doesn't just rely on one player to win.
This win further solidifies their dominance in the League One standings, with a commanding lead of 11 points. This significant advantage allows PSG to shift their focus towards the Champions League, knowing that their position in the domestic league is secure. The decision by coach Enrique to rest Mbappe for the match demonstrates PSG's depth and versatility as a team. Despite not having their star player on the field, PSG still managed to secure a victory, showcasing the strength of their squad and their ability to perform well collectively.

Enrique is sending a clear message that PSG's success does not hinge solely on one individual by prioritizing player fitness and squad rotation. This approach not only ensures that key players like Mbappe are rested and ready for crucial Champions League fixtures but also builds confidence within the entire squad. With their sights set on European glory, PSG's depth and tactical flexibility will be valuable assets as they navigate the challenges of the Champions League.
548  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 10, 2024, 11:30:30 PM
Real Madrid has proven to Girona that they are too strong for them and 4-0 is decent scores because all of Real Madrid forward players were showing fantastic performance especially Bellingham and Vinicius that Girona players were very difficult to guarded them and it makes Girona only focusing to defense and during the game Girona didn't gets much opportunities to scores and they only gets 5 total of shots however this result makes Real Madrid has 5 difference points above to Girona and i think they now very close to the title so it's almost be certain Real Madrid will being an the champion of Laliga this season


The League is entering the phase where mentality play its role to maintain the best form. It's clear that Real Madrid put on a dominant performance against Girona, with a convincing 4-0 victory showcasing their strength of mentality to keep competing at highest level. Girona struggled to contain them that leads to a defensive focus that limited their own opportunities to score.

Real Madrid's performance in this match has not only secured them a comfortable lead over Girona but also puts them in a strong position in the La Liga title race. With a five-point difference now between Real Madrid and their closest competitors, it certainly seems like they are well on their way to securing the championship this season. Real Madrid may be in a favorable position, but there are still matches to be played and potential challenges to overcome. The competitive nature of La Liga means that anything can happen, and teams must remain focused and determined until the end of the season. Nonetheless, Real Madrid's performance against Girona undoubtedly instills confidence in their supporters and strengthens their title aspirations.
549  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 10, 2024, 11:20:52 PM

Liverpool are also as serious as Manchester city to win the Premier League. Arsenal look like they will be dropped out at some point because of the heat of Liverpool and Manchester City. All three Liverpool forwards scored goals today against Burnley, Nunez, Jota and Diaz to get Liverpool back to winning. Bad weekend for Burnley and Everton who both loose their games and will remain at the bottom of the table.
Well the weekend is back and we’ve got some fun EPL matches going down as we have the results affecting both the teams in the top positions and the teams in the bottom of the table. The big matches of Liverpool and City were big worries for Burnley and Everton. But our focus remains on Liverpool and City’s strength in the league title. These two clubs have proven to be determined and relentless in how they chase for the league as we’ve got both teams all trying to meet up with each other and fight so hard.

 Manchester City had their wins this weekend and that saw them secure their spot on top of the table. Not long after, Liverpool got the win and this saw City drop down a little; this is the fun of the EPL. Arsenal will sure need a win tomorrow to show that they’re still rock solid in the league title chase, though I don’t see them keeping up for long in this chase as Liverpool and City are very dominant in this chase.
We love the drama unfold in the English Premier League, with each weekend bringing new twists and turns in the race for the title. The recent matches involving Liverpool and Manchester City have certainly kept fans being nervous, with both teams demonstrating their determination and resilience. Manchester City's consistent performances have helped them push their position to the top of the table, but Liverpool's win this weekend has kept the pressure on.

This back-and-forth battle for supremacy adds to the excitement and unpredictability of the league that showcases the competitive spirit of both teams. Arsenal's upcoming match presents an opportunity for them to assert their presence in the title race. With Liverpool and City showing strong form, it may be a tough challenge for Arsenal to sustain their momentum over the long term. Nevertheless, the unpredictability of football means that anything can happen, and surprises are always possible. Fans will undoubtedly be eagerly awaiting the outcome of the upcoming matches, because the race for the Premier League title continues to heat up.
550  Economy / Gambling discussion / Re: ? Lega Serie A ?? (Italian League) Prediction Thread 2023/2024? on: February 10, 2024, 11:06:03 PM
my goodness, what a bird of ill omen, it is very true in the end Inter are strong, but in football nothing can ever be said, sometimes teams like Udinese do a lot of damage to big teams, we have seen it
Maybe they are so euphoric that they play at 1000 and scare Inter, I think it is tough but it could work
In any case, even a draw is enough for me.. we hope ahah
Agreed. There is no such thing like a team won't ever lose just because they have a system running smoothly.  Smiley

In fact this kind of teams usually lose in exactly that kind of games rather than losing to a big team. Because some smaller teams really know how to deal with much stronger ones by discovering the weakness in them. For example Inter have lost only once in 22 games they played in the Serie A until now. That was against Sassuolo by even a comeback.  Grin

However at the end of the season I think Inter would still be the champions especially after beating Juventus at Giuseppe Meazza.   Roll Eyes
That is the defenition of competition, where there is the unpredictability of outcomes despite sometimes a team's apparent dominance or smooth-running system. Even teams with impressive records can falter against seemingly weaker opponents. Surprises are what make competition exciting. Smaller teams often possess unique strategies and strengths that allow them to compete effectively against larger, more established teams. They may exploit weaknesses in their opponents' gameplay or capitalize on specific opportunities during the match.

While losses can be disappointing, they are part of the sport, and what ultimately matters is a team's ability to bounce back, adapt, and maintain consistency over the course of the season. A single loss does not negate their achievements or potential to succeed in the long run. The winner of a competition is the one who has the best consistency, not just won big games. Inter would still emerge as champions despite their loss to Sassuolo demonstrates confidence in their overall performance and capabilities.
551  Economy / Gambling discussion / Re: How's problem gambling different from compulsive gambling. on: February 10, 2024, 10:50:52 PM
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Compulsive is when it's frequently occurring and we know that too much is not good anymore. It can cause a problem, so what you said is true that both have the same meaning. Yes, getting out of addiction is a kind of success. They are proud because the journey that they have been through is not easy. Other than getting out of addiction, some gamblers even became a pro and profitable gamblers.

By this, we can say that being addicted is not always or totally a bad thing because it can enhance our ability on that same thing we are doing. It's not always a happy ending though and then it is still possible to be successful even without going through that phase.
Overcoming addiction can be a significant achievement and can lead to personal growth and success. Even some people may find success and become profitable gamblers after overcoming addiction, but this is not the case for everyone. Whether it's to gambling or any other substance or behavior, can have serious consequences on people's physical health, mental well-being, relationships, and financial stability. It's a condition that often requires professional intervention and support to overcome.

Suggesting that addiction can enhance our abilities or lead to success overlooks the detrimental impact it can have on various aspects of life. While some people may find that their experiences with addiction have taught them valuable lessons or strengthened their resolve, this does not negate the harm caused by addiction itself. Success and fulfillment can be achieved through healthy and balanced pursuits, without resorting to addictive behaviors. The goal should be to prevent addiction, rather than glorifying or romanticizing its potential outcomes.
552  Economy / Gambling discussion / Re: Do you have a "gambling problem" which you can sometimes control for years? on: February 10, 2024, 10:31:11 PM
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people often get stuck in the mindset that they can get rich when they gamble, even though getting rich by gambling is something that is very difficult, you could even say the possibility is very low. this is because gambling is not only about strategy and consistency, but also how luck plays an important role in making someone win at gambling. you can't force yourself to win, because it all has to do with the luck you have. so, gamble for fun and don't get hung up on the fact that you have to become rich because it is very difficult.
The role of luck is a crucial aspect of gambling that many people tend to overlook. While strategy and consistency certainly play a part in some forms of gambling, luck ultimately determines the outcome in most cases. People who engage in gambling need to understand that getting rich through gambling is exceedingly rare and often unrealistic.

Gambling should be approached as a form of entertainment rather than a means to achieve wealth. People may overlook the inherent risks and potential for losses associated with gambling by focusing solely on the desire to become rich. Placing too much emphasis on the pursuit of wealth can lead to disappointment and financial hardship if expectations are not met. It's advisable to approach gambling with a mindset of enjoyment and moderation. Setting realistic expectations and viewing gambling as a form of leisure can help individuals maintain a healthy relationship with the activity. The primary goal of gambling should be to have fun responsibly, rather than chasing elusive riches.
553  Economy / Gambling discussion / Re: Taking a break in gambling on: February 10, 2024, 10:19:49 PM
How do you guys manage to take a break in gambling? I’m not asking for advice but rather I’m just interested to know what you are doing on your own or if you really do a break.
It is simple, by not gambling for a planned time.  Although I check casinos bonuses and promotions, I refrain myself from gambling.  the most I can do is simulate a session by playing demo mode and see if I can bag a good win if ever I play on that day.  No matter what the result is, I will not play with actual money.  It beats the purpose of taking a break in gambling.
That is a proactive approach to taking breaks from gambling while still staying engaged with the gambling world. Checking out casino bonuses and promotions can keep you connected without the risk of actual gambling, and using demo modes to simulate sessions is a smart way to satisfy the urge to play without spending money.

There is opportunity to step back and reevaluate the gambling habits by committing not to gamble with real money during the break. This break allows you to avoid the potential negative consequences of impulsive or excessive gambling while still staying connected to the activity in a controlled manner. You just need to stick to your plan and avoid the temptation to gamble with real money, because this could undermine the purpose of your break and potentially lead to unintended consequences.
554  Economy / Gambling discussion / Re: Focus on how much you may lose and not only the potential win. on: February 10, 2024, 10:07:29 PM
And i would believe that focusing on winning is much more higher of thinking on rather than on having those loses. Only a few of course would really be that mindful about on the losses that they could
possibly be able to make on which there's no way that you wouldnt really be having these kind of assumptions and thinking on the time that you do make some gambling.
I could say that it isnt really that bad for you to think off about those things on which the important thing on here is that you should really know on having that moderation
and having that kind of treatment on which it is really just that normal to have those outcomes, on which these things wont really be making you to be that impulsive.
That is the natural tendency for people to focus more on the potential for winning rather than the possibility of losing when engaging in gambling activities. ⁤⁤Many people may be more optimistic about their chances of success, which can lead to a mindset primarily focused on the potential rewards rather than the risks involved.

⁤It's understandable to be optimistic and hopeful about winning, but being mindful of the potential outcomes, including losses, can help gamblers make more informed decisions and set realistic expectations. ⁤⁤Moderation and self-control are key factors in maintaining a healthy approach to gambling. ⁤⁤Understanding that losses are a normal part of the gambling experience can help prevent impulsive behavior and excessive risk-taking. ⁤⁤It's about finding a healthy balance between optimism and realism that ensures the enjoyment of gambling in which is not overshadowed by the negative impacts of excessive risk-taking or addiction.
555  Economy / Gambling discussion / Re: Another health benefit of online gambling on: February 10, 2024, 10:00:21 PM
Online and offline casinos have their respective advantages and disadvantages, and we can just experience them, so we are the ones who have to choose. If you prefer to gamble online, we have to know the disadvantages so that we can overcome them and not be affected by them. And while we love physical casinos, we also need to know their negative impacts to avoid them. When someone already knows the advantages and disadvantages of offline and online casinos, then we can choose. But we still have to realize that both offline and online casinos have the same chance that we can become addicted to gambling, and that will be more risky.
Gamblers need to emphasize the importance of awareness and informed decision-making when it comes to gambling. Convenience is a significant advantage of online casinos, because they can be accessed from anywhere with an internet connection, at any time. One of the main drawbacks of online gambling is the lack of social interaction and the tangible casino atmosphere. There are concerns about the security of online transactions and the integrity of online games. Gamblers need to be aware of these potential risks and take necessary precautions to mitigate them.

Offline casinos offer a unique social experience, with the excitement of being in a lively environment surrounded by other players. Some players prefer the authenticity of physical casino games. One of the biggest drawbacks of offline casinos is their limited accessibility, because they may not be available in all locations. There's also the temptation to spend more money on additional expenses like food, drinks, and accommodations. The potential for impulsive behavior and social pressure to continue gambling can be higher in offline settings.

Both forms of gambling offer the same potential for addiction. Awareness of the advantages and disadvantages of each platform empowers individuals to make informed decisions that align with their preferences and mitigate potential negative impacts.
556  Economy / Gambling discussion / Re: Do you have a habit of tracking your gambling progress? on: February 10, 2024, 09:46:59 PM
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Tracking your gambling process is important, you shouldn't say due to gamble being a game if luck that you'll just be gambling any how without knowing of you've being losing money or not. If you don't track your gambling process, you won't know when to stop gambling as it isn't favouring you. Tracking your gambling process can change many things, it can make better aware if how much you're spending gambling and help you to prevent gambling addiction from chasing losses.

Regardless of the fact that you're gambling for entertainment or for money, tracking your gambling progress will be very helpful to you. Gambling shouldn't be done for getting money as it can make you become addicted to gambling but following some rules as tracking your gambling progress can help prevent that from happening. Gambling is a game of luck but some strategies are needed to help you win.
Gamblers need to understand the financial implications and their own patterns of behavior. Without monitoring the gambling activity, it's easy to lose track of how much money spent and whether they are actually winning or losing in the long run. Gamblers can gain insights into their habits and spending patterns by keeping a record of their gambling sessions. This awareness can help to recognize if the spending is beyond the means or if just chasing losses, which are common signs of gambling addiction.

Tracking your progress allows you to set limits for yourself and know when it's time to stop, whether you're ahead or behind. Whether you're gambling for entertainment or profit, responsible gambling practices like tracking your progress are vital. People need to approach gambling with a mindset of enjoyment rather than solely focusing on financial gains, as this can help prevent addictive behavior. While luck plays a role in gambling, employing strategies such as tracking your progress can increase your chances of making informed decisions and maintaining control over your gambling activity.
557  Economy / Economics / Re: Leadership and Economics on: February 09, 2024, 11:52:15 PM
what about you, do you agree with the right leader can make your life as a citizen, businessman or an investor comfortable?
I agree with this, great leaders produce great policies, great policies will benefit the majority of people. I am grateful to live in a country with a great leader, he was a carpenter who became president, but his ability to manage the country was extraordinary. The policy I like the most is the "one door" program. In the past, if we wanted to take care of permits, we had to visit a lot of rooms, it was too complicated, too many steps, but now just by saying what you need up front, the problem is resolved, money policies don't apply and it's very difficult because everything is done at "one door" . There are still many of his policies that side with the people, I am happy, but unfortunately this year he will finish his term as president. Hopefully our next president will be like him, at least continuing his good policies.
A leader who prioritizes streamlining bureaucratic processes and implementing policies that directly benefit the majority of people can indeed make a significant difference in the lives of citizens. The "one door" program you mentioned sounds like a fantastic initiative, simplifying procedures and reducing red tape for individuals seeking permits or assistance. By centralizing services and eliminating unnecessary hurdles, such policies not only improve efficiency but also enhance accessibility and transparency, ultimately benefiting society as a whole.

Continuity in policies that prioritize the welfare of citizens can contribute to stability and progress in the long term. Citizens to remain engaged and informed, advocating for leadership that upholds the values of inclusivity, accountability, and service to the people. Citizens can help ensure that their country continues on a path of positive development and prosperity by actively participating in the democratic process and holding leaders accountable.
558  Economy / Economics / Re: "Shrinkflation" is coming back as a narrative on: February 09, 2024, 11:48:22 PM
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Shrinkinflation happened in all countries around the world because as we can see the world population is already more than 8 billion and keeps increasing every year by around 0.8 - 1.0%, to fulfill the world's needs companies are forced to do shrinkflation also not only to fulfill the market but the raw materials prices is also increasing. In my country that affected by Shrinkflation right now is chicken, chicken right now is very small due to the fast harvest, many people put their money into something that gives us fast returns rather than investing in industries or production.

We need to open our eyes to care about this matter because our population does not match to our current production, not many young people want to dive into the production sector.
That is a critical issue regarding shrinkflation, which is indeed a phenomenon affecting many countries globally. Shrinkflation, where companies reduce the size or quantity of products while maintaining prices, is often a response to rising production costs, including raw materials, labor, and distribution expenses. This practice allows companies to manage their costs while still meeting market demand.

Shrinkflation can have significant implications for consumers, as they may receive less value for their money without necessarily seeing a decrease in prices. This can particularly impact lower-income individuals and families who rely heavily on these essential goods for their daily needs. The preference for quick returns over long-term investments in industries or production can exacerbate the issue, because it may lead to underinvestment in sectors critical for sustainable economic growth and development.
559  Economy / Economics / Re: The Current World Financial System Is Rule Based Order, The New One Must Not on: February 09, 2024, 11:44:23 PM
Rich people will always be rich, in no matter what type of system we are in, it doesn't really matter because rich is a mindset. Of course there are some rich people who do not have rich mindset, for example kids of rich people, they grow up rich, and do not have that mindset easily, they end up with some troubles because they do not know the value, or some poor people who were never given a single chance, so it causes them some trouble.

Altogether, I think we should consider this as a way to make it work, and that should be the most important part. In capitalist USA, the rich are the rich because it's a capitalist system, in Communist Soviets, some people were still rich because they got powerful positions. If you want to be rich, you will find a way in every system.
Mindset can play a significant role in financial success, but it's overly simplistic to suggest that all rich people maintain their wealth solely through mindset, or that all poor people are unable to achieve wealth due to lack of opportunity or mindset. Mindset and attitude towards wealth accumulation can certainly influence the actions and decisions, they are just one piece of the puzzle.

The assertion that rich people will always be rich disregards the dynamic nature of socio-economic systems and the impact of external factors such as economic downturns, regulatory changes, and societal shifts. Even people with substantial wealth can face financial challenges or setbacks under certain circumstances. There may be instances of people achieving wealth in various systems.
560  Economy / Economics / Re: Why does a country borrow money from the world bank even when they can afford it on: February 09, 2024, 11:23:10 PM
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Correct, while there are some people that seem allergic to debt as they have seen the effects bad debt can have on a person close to them, the truth is that debt can be useful if it is contracted for a reasonable purpose, so a government asking for money just to keep itself afloat is just wasting that money away and compromising the future of their citizens, but a government asking a loan to build a series of public works that will improve its infrastructure and will help the economy is doing the right thing.
That is how the purpose for which debt is incurred can significantly impact its consequences. Debt, when used judiciously and for productive purposes such as infrastructure development or investment in key sectors of the economy, can indeed yield long-term benefits for a nation and its citizens. Governments can create a more prosperous and sustainable future for their citizens by improving infrastructure, enhancing productivity, and stimulating economic growth,

Indiscriminate borrowing solely to finance day-to-day expenses or to cover budget deficits can lead to unsustainable levels of debt and potentially jeopardize the financial stability of a nation. Governments need to exercise prudence and foresight when borrowing to ensure that borrowed funds are invested wisely in projects that generate tangible benefits for society as a whole. While debt can be a useful tool for financing development and achieving national objectives, it should be approached with caution and responsibility to safeguard the interests of current and future generations.
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