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741  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: January 17, 2024, 11:28:32 PM
6l
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We still have a good number of games just before the finals and before then, any thing can still happen and any team can be seen making it to the finals so it's not restricted to a certain group or set of persons or a team to win the champions league more often but to those who have got the form and the stamina to compete and win the trophy.

Manchester city stands a very big chance to the fact that they have a very good team with a good squad depth and their injured players who were away for sometimes which contributed to their set back for awhile is now back and the likes ok Kevin de bruyne is already playing and so far his impact has been felt in the team and their performance aswell, it's very possible they will be able to defend the trophy again this season ant that will be them winning the trophy twice in a roll a good record to set. Bayern Munich isn't as experienced as Manchester city and Real Madrid but they have got a good and strong team aswell who also got a very good team depth so let the best team win.
I think Manchester City depend on the fitness of their best players, while it's not the case for Real Madrid. Manchester City have exceptional team and squad depth but their dependence on their best players has appeared now. The impact of De Bruyne on the team's performance underlines the importance of having top-quality players back in action. The return of previously injured players as contributing factors to Manchester City's resurgence is a proof of their dependence. A fully fit and deep squad is crucial for sustained success, especially in competitions where physical demands are high.

The possibility of Manchester City winning the trophy twice in a row as a good record to set would indeed solidify Manchester City's status as a dominant force in European football. Bayern Munich is as experienced as Manchester City and Real Madrid that still can possesses a strong team. In Champions League, where top teams face off, the unpredictable nature of football often leads to exciting and closely contested matches. The anticipation of a competitive battle and the acknowledgment that the best team will emerge victorious reflects a balanced and sportsmanlike viewpoint.
742  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: January 17, 2024, 11:08:07 PM

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The Europa League have turned to jeopardy on the end of AS Roma because there's no presence of winning matches badly, rather they tend to stagger before winning. AS Roma have recorded one of the worst performances this season as they've failed to reach the ultimate stats of their targets, they keep setlting for lesser results, one of the major reasons they're struggling. The board couldn't take it anymore and fire the team's headcoach, José Mourinho and they're left with no option  than surf for new backup replacement that would be 10x better than José Mourinho, I know this task would be very difficult.
The decision to part ways with head coach José Mourinho reflects the high expectations and the need for a change to reinvigorate the team. The inconsistency can be frustrating for both the club and its supporters, especially when compared to the high standards expected at this level of competition. mayb Roma set ambitious goals, and but fell short that leads to internal evaluations.

The board's decision to relieve José Mourinho of his coaching duties underscores the club's commitment to addressing the performance issues. Mourinho, a seasoned manager with a successful track record, was brought in with high expectations, and the decision to part ways signals a proactive approach by the board to rectify the situation. Finding a new head coach who is better than José Mourinho would be a difficult task for a team of Roma's recent calibre. The board's determination to secure a coach should elevate the team's performance and meet the lofty expectations of the club and its supporters. Identifying a coach with the right blend of experience, tactical acumen, and the ability to adapt to the unique challenges of AS Roma will be crucial for the club's future success.
743  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: January 17, 2024, 10:58:15 PM
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Rashford was quite shining in the previous season but this season he was relatively unable to maintain his best quality. Statistically, of course there has been a decline in his performance in making a major contribution to Manchester United. I think Erik must be able to revive the quality of his players in the second half of this season because if he fails to bring about changes in the second half of the season I am sure Erik will be fired at the end of this season.

Manchester United has many quality players this season but they seem to have found problems in their style of play. I think Erik has to implement a strategy that is easier for his players to implement to be able to win again in the next match. If you look at Hojlund, he really needs time to be well organized with Manchester United game, even though he is a quality striker but he can't find his best form this season.
Rashford's shining performance in the previous season and the statistical decline this season is something to do with the change of play style. He's good at transitional attacks which is not what the teamplay provides him anymore. Erik must be able to revive the quality of his players in the second half of the season that includes understanding individual player strengths and implementing strategies to get the best out of each player.

The pressure to deliver results, especially in a club like Manchester United, is significant, and managerial decisions are often evaluated based on team performance. A mismatch between the manager's tactical approach and the strengths of the players can lead to underwhelming performances. Adapting the strategy to better suit the players' capabilities is a sensible approach to address this issue. Hojlund needs the adjustment period, even if he is a he is a quality players. Erik Ten Hag needs to integrates new players into the team and helps them find their best form. Finding a system that plays to the strengths of the squad can lead to improved performances and better results.
744  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: January 17, 2024, 10:47:05 PM
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Winning the first european trophy for Roma is impressive, but if we consider the funds spent in his time including wages offered to the players Mourinho vetoed; it can be considered a failure at Roma, inability to get top 4 places in the serie a and finishing 6th for consecutive season had its toll; the repeated player power struggle meant it was time for Jose to go

A top manager; a top coach; hopefully he finds a better adventure soon
It's understandable to evaluate Jose Mourinho's tenure at Roma based on financial considerations and league performance. But Mourinho's success in securing Roma's first European trophy is a significant achievement. Winning a continental competition is a testament to the team's capabilities and Mourinho's managerial prowess. This success should not be understated, because it adds historical value to the club's achievements.

Mourinho may have faced budget constraints, and the ability to secure a European trophy amid such challenges is a testament to his managerial skills and ability to maximize resources. The struggle to secure top-four finishes cannot be solely attributed to Mourinho's management. The league's competitiveness makes consistently achieving high positions a formidable challenge for any team. Mourinho may have faced challenges in managing player dynamics. While finishing 6th in consecutive seasons might be seen as a setback, Consistent performance in a competitive league requires a comprehensive analysis beyond the final league position. Building a team and implementing a managerial vision often takes time. Abrupt changes may hinder the development of a cohesive squad capable of consistent top-level performance.
745  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 17, 2024, 10:33:25 PM
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Atalanta have been doing brilliantly this season and I must commend them for a job well done. Scoring many goals in a match is very good as it will help to add to your goals when checking the goal difference when you’re tied in points with a club. Just like Atalanta and Lazio are same points but Atalanta will be ahead of them because of the number of goals he has scored which has supersedes the number of goals they’ve scored him. Atalanta next target is how to get ahead of Fiorentina to take over their place in the league standings, after that, they can now fight for the third position by replacing AC Milan again which i feel is unrealistic for now base on the point gaps.
Gasperini has made Atalanta a team that has great ability to score many goals in a match. This not only contributes to their match victories but also plays a crucial role in tiebreakers, particularly when teams are level on points. Atalanta's proficiency in finding the back of the net gives them an advantage in Goals difference scenarios. Atalanta is on equal points but ahead in goal difference that showcases the importance of not only securing victories but doing so with a considerable goal margin. This puts Atalanta in a favorable position in the standings and showcases the team's efficiency in both attack and defense.

Moving up in the league standings requires a step-by-step process, it emphasizes a focused and realistic progression plan. While the aspiration to overtake AC Milan for the third position is acknowledged, recognizing the point gaps and the challenges involved in reaching a higher position demonstrates a pragmatic assessment of the current league dynamics. Setting realistic short-term goals, such as overtaking Fiorentina, allows Atalanta to maintain focus and build momentum. It's an incremental approach that aligns with the team's current performance level and the challenges posed by the point gaps.
746  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: January 17, 2024, 10:23:32 PM
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The race for the league title is still wide open and if Barcelona are really interested to fight for the league title, they still have enough time for that and they shouldn’t give up hope on that so soon. Real Madrid and Girona have been consistent in their wins but that alone is not enough until their consistency see them through to the end of the season. As for Real Madrid, I know winning the title is their most preferred option now but for Girona; finishing at the top four and qualifying for the champions league is more important to them. Girona will try to win the league title but they won’t put much effort if they see that it’s already slipping through their fingers.
I think Barcelona is in position to fight for nothing to lose, because their hope for La Liga title is too slim. they just need to address and evaluate what things have gone wrong to prepare their campaign for next season. But despite any setbacks, there's still ample time left in the season for teams to turn their fortunes around. Barcelona's historical prowess and squad capabilities should make them a formidable contender, and strategic adjustments could potentially elevate their position in the league.

Real Madrid's consistency is what makes their competitors being underpressure. While winning the title is their primary goal, unforeseen circumstances, injuries, or shifts in form could impact their performance. On the other hand, Girona's focus on finishing in the top four and qualifying for the Champions League emphasizes their ambition and the significance of achieving a specific position in the league. Girona's strategic approach to the league title is pragmatic. While they may try to win it, the acknowledgment that their primary goal is securing a top-four finish for Champions League qualification reveals a balanced and realistic perspective. This approach allows for a more measured allocation of effort and resources throughout the season.
747  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: January 17, 2024, 10:11:13 PM
Union Berlin are a really big disappointment this season after having a really solid season previously. They finished the previous season in top 4 but now they are trying not to relegate.

But I believe Union Berlin can save themselves from their current position. Because their results started to improve as of the manager change they made not long ago.
Always expects dissapointing results this season from an average side. Union Berlin not in a secured position on the table, it's been caused prior to their reluctance performances in present and previous matches. I'm quite acquainted with the position of Union Berlin this season, they've struggled to make things right for them this season, having no good scores in matches and that's affecting their stats on the league table and also the supporters who have tried in everything to balance up by giving them the necessary supports but nothing seems to be working.
It's evident that the team is facing challenges that is reflected in both their performance on the field and their position on the league table. It's weird to see a team that was competing in Champions League this bad. They have a really bad goals difference so far. Their conversion rate, or the efficiency with which they convert scoring opportunities, shows how bad their offensive capabilities compared to other teams. This indicates issues in finishing chances. Defensive stability seems so fragile for a team that finished top four last season.

They stack up against their competitors. Their performance statistics aren't even better than teams in similar positions. Supporters, while offering crucial support, may find solace in understanding the specific areas where improvement is needed and how Union Berlin compares to other teams facing similar challenges in the league. Maybe the demands of competing in the Champions League have affected the team's domestic performance, because they weren't used to play in Champions League.
748  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: January 17, 2024, 09:52:45 PM
Le Havre shouldn't have been the team to break Lyon's winning streak but here we are. It was even a disappointing defeat like 3-1. Lyon are trying something recently but it doesn't last much long I'm afraid. At least their condition is better than the first weeks. Their number of points was really low before which was making things more difficult for Lyon to fight to be out of the relegation zone.

We are in the middle of the season now. They aren't late for anything. However they had better improve their form more to reach a safer position. No matter what the problem behind is Lyon should be able to stay in the Ligue 1 one way or another.  Sad
Lyon having signs of improvement in their overall condition compared to the initial weeks of the season. One positive aspect is that Lyon seems to be attempting changes or adjustments in their approach. The fact that they are trying different strategies indicates a proactive approach towards addressing their issues. The mid-season point is a critical juncture, and Lyon still has time to turn things around. It's noteworthy that they are not too late to make a meaningful impact on their position in the Ligue 1 standings. To secure a safer position, Lyon needs to consistently build on their recent improvements and work towards a more stable form.

Identifying and addressing the underlying problems contributing to their early struggles will be essential. Whether it's tactical adjustments, player dynamics, or other factors, Lyon must continue their efforts to solidify their position in the league. Considering Lyon's historical standing and the quality of their squad, it's reasonable to expect that they have the potential to stay in Ligue 1. However, sustained improvement and strategic decisions will be pivotal in ensuring their success and avoiding the relegation battle as the season progresses.
749  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 17, 2024, 09:46:46 PM
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It always looks very interesting any season that Liverpool is topping the Premier League table toward the end of the season because they hardly give up, so I believe that this ending of the season will be tough. Manchester City is now back in form, so these two teams and to drag each other at the end of the season if possible, no two will face any problems of player injury, and probably Arsenal may also just be in the title race, but I can't really talk about them now because of the decline in performance they are just facing recently. But let's see their few games to come. May they be in form and fight for this title.
Liverpool's resurgence brings back the aura of competitiveness at challenging the Premier League title. Liverpool is known for its resilience and determination that makes the title race particularly exciting when they are at the top of the table towards the end of the season. Manchester City having their best players back from injuries adds another layer of excitement to the competition. If both teams can maintain their form and avoid significant player injuries, the title race is likely to be fiercely contested, providing fans with thrilling matches and unpredictable outcomes.

Arsenal can be the the third team challenging for the title as they have experienced the challenge last season. I think their recent results doesnt describe their actual capability, because avery team experience such struggle. The upcoming games will be crucial for them, and if they can regain their form, they might become formidable contenders as well. In the world of football, unexpected twists and turns are inevitable. Fans will be witnessing the drama unfold in the race for the Premier League title.
750  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: January 16, 2024, 11:46:20 PM
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I think City will be favorites to win when they have Haaland and Kevin De Bruyne. These two players really brought City to the peak of their performance. So without those two players I think City are not favorites to win. We can see how City drew against Crystal Palace and was defeated by Aston Villa. Without KDB they cannot develop tactics and pass the ball well. And without Haaland they don't have a great finisher on the front line who will take the slightest chance into a goal. So I hope they both can return as soon as possible before City have to be eliminated from the Champions League.
Haaland has big impact on how finalising their attacks, because he is a great finisher on the front line. His clinical goal-scoring ability is indeed a significant asset for City who turns even the slightest chance into a goal. Without him, City may lack the cutting edge in the attack that can make the crucial difference., as evidenced by the struggles against Crystal Palace and Aston Villa.

Kevin De Bruyne has a big role in developing tactics and orchestrating the team's passing game. His vision, creativity, and ability to control the flow of the match are pivotal for City's success. Those are reasons to put  City as favorite, given their influential roles. While City has a deep squad, certain players have unique qualities that can be irreplaceable in certain situations, especially at the highest levels of competition like the Champions League. And Manchester City have a great squad depth when key players are sidelined.
751  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: January 16, 2024, 11:37:25 PM
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Jose is one coach with vast experience and yes implementing those experiences aren’t a big deal for Jose because he can real do that well especially when you watch with his time with Chelsea, Real and even Man United who were at their worst. Experienced and quality players will be better to help implement his philosophies. Well he’s achieved an European trophy while at Roma and gotten to an European final but without positive and effective changes the club won’t achieve good success and that’s what he’s suffering currently.
 
 Well I would agree that his coaching philosophy yes it’s quite old and also yes the players available might not be able to match the philosophy he has. Times are changing and also improvements is one factor to keep you going through it all.
Mourinho's vast experience is a key starting point on his ability to implement his experiences that has been evident in successful stints with Chelsea, Real Madrid, and Manchester United, especially during challenging periods for the latter. The success of his coaching style often relies on a squad that aligns well with his tactical approach. His achievements at Roma, including a European trophy and reaching a final, shows the positive impact he has had on the club, despite the current challenges.

But the club didnt achieve sustained success that shows the need for adaptation and evolution in response to the changing landscape of football. He needs indeed to have flexibility and adjustment for his coaching philosophy. Staying relevant in modern football requires constant innovation and openness to new approaches.
752  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: January 16, 2024, 11:28:23 PM
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I don’t think Mourinho will be returning to Chelsea. They really do not deserve him. There are speculations Newcastle are interested in Mourinho as manager, I would like to see that happen. I believe that could be the game changer Newcastle needs to become a better contender for the league title. Jose Mourinho has a track record of success, he’s been able to perform miracles in his career. I think people forget how he become the special one. IMO Roma shouldn’t have sacked Mourinho, no manager could have done a better job with that team. Pep Guardiola won the award for best manager yesterday, but Mourinho is one who also deserves that recognition in my opinion. If Pep was given the same team Mourinho managed in Roma, I doubt he will be able to get a better result.
Chelsea hiring Mourinho again is not a matter of deserve or not, but it's not the time for how the managerial style of Mourinho who will demand new players again. He is not the type of a manager who would build a team for the future which is what has been a trajectory for Chelsea right now.

The speculation about Newcastle's interest in Mourinho is intriguing. I'm sure it wont gonna happen because Newcastle seem to have policy of developing players which is not what Mourinho will do. Mourinho's tenure at Roma had challenges at Roma that was not having players he wanted to be in the team. But he has indeed done a good job given the circumstances, emphasizing the need to consider the context and limitations of the team in evaluating a coach's performance. It's amazing to see Mourinho and Guardiola debate is still continue to appear, but we know who has already won the debate, even a long time ago.
753  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 16, 2024, 11:12:40 PM
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I wonder what results Roma management expects? In the end, Roma are only 2 points behind the defending champions  Grin
Yes, this season is more bad than good, but there are still many rounds ahead and even the top 4 is only 5 points away, plus I think all of Roma’s hopes were aimed at the European Cups. I can’t call this decision rational and I heard that Mourinho was fired over the phone, this is very disrespectful, even Fabio Capello said that it was outrageous to do this to a coach who changed not only European but also world football.
In any case, this chapter is closed, now I am waiting for Mourinho in the Brazilian national team.
The decision to part ways with a coach is undoubtedly a significant and sensitive matter. Football management decisions are often based on a combination of short-term and long-term considerations. The Roma management believes that the team is not on track to meet its season goals or that there are systemic issues affecting performance, they saw the need for a change.

If there are concerns about the team's ability to achieve this under the current coaching setup, the management may feel compelled to make a change to salvage the season and maintain their competitive edge. The manner of Mourinho's departure, particularly if it occurred over the phone, is indeed a topic of concern. Dismissing a coach in such a manner can be perceived as disrespectful. Handling such decisions with professionalism and respect is crucial, especially when dealing with a coach who has made significant contributions to the footballing world. The objective is not just short-term success but also long-term sustainability and competitiveness, and these factors may have played a role in the decision to part ways with Mourinho.
754  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: January 16, 2024, 11:03:59 PM
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Barcelona will definitely have alot to do in this season and even the next season, the reason I say so is because of the present performance and even the future anticipated performance, because judging from the present condition with the club, it will be very difficult to say where the club will be in the next season regardless of who end up coaching the club after this season.

Let say if Barcelona is able to come close to what they hard in the last season where their performance was an excellent one, it will be fair enough then that the management doesn't change the coach who was able to place them at the top in the last season.
There is surely the uncertainty and the potential impact of their current performance on future coaching decisions. The uncertainties surrounding the club's performance make it difficult to predict their future trajectory, especially considering the present condition of the team. If Barcelona manages to come close to the excellent performance they had in the last season, it would suggest that the current coaching setup has been effective.

The club is observing for the management to retain or not the coach responsible for their success. The challenges Barcelona may face in maintaining or surpassing their past achievements that show the need for careful decision-making by the management regarding the coaching staff. I think Xavi is aware of this, and he, for the love of the club, will do his best despite some limitations.
755  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: January 16, 2024, 10:55:05 PM
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To be honest i think that match was one of their hardest this season and Xabi Alonso would had really cracked his brains to make sure he gets 3 points from the game, if you observed very well you'll see that they were very dominant and passive but luck wasn't on their side when it comes to finding the back of the net. It took them about 24 shots with 6 on target just to score a lucky goal that gave them the 3 points, Augsburg would had exposed their wickness if they had won or drawn Leverkusen, but the constant pressure from Leverkusen caused them to give up at last.

 I think Leverkusen should use this game as an eye opener for the outcome of their upcoming fixtures if they don't cover some of their errors, other teams might begin to come up with a pattern of beating them and ending the unbeaten record they've kept this season. Leipzig is a team they shouldn't take chances with, cause they could  be more dangerous than Augsburg.
The match against Augsburg looked indeed so hard for Leverkusen to build their gameplan, but Xabi Alonso was able to strategize extensively to secure the three points suggests the intensity of the encounter. Augsburg looked able to expose Leverkusen's weaknesses, but unluckily they losed the game against them that emphasizes the fine margins in football.

Leverkusen surely have become a team to be anticipated by many teams. Xabi Alonso should have various solutions for the upcoming fixtures that might pose similar challenges, because it's crucial for maintaining their unbeaten record. It would surely be harder to face Leipzig, because they are adangerous opponent. It needs a cautious approach with an awareness of the potential threats from other formidable teams.
756  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 16, 2024, 10:41:23 PM
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Of course, when De Bruyne was injured, Pep Guardiola felt lost because for him De Bruyne was the midfield general in building Man City's attack. For Pep Guardiola, De Bruyne is also a plus, apart from being good at providing assists, he is also very calm in front of the opponent's goal. That's why if you often watch Man City matches, most of De Bruyne's goals are unexpected goals.

During the match against Newcestil, De Bruyne's role was very clear in helping Man City get three points. When Newcastle managed to equalize, Alexander sobbed and the Newcastle fans immediately became arrogant and when De Bruyne came on everyone fell silent and Dubravka, who was performing well, blocked Foden and Alvarez's attacks, but when De Bruyne and Oscar Bobb came on, Dubravka became Onana.
Sometime great players prove their importance with their absence. This describe how important De Bruyne to Manchester City. It's evident that Kevin De Bruyne's impact on Manchester City is immense, not only in terms of his playmaking abilities but also as a stabilizing force for the team. Guardiola's reliance on him as the midfield general speaks volumes about De Bruyne's role in building and orchestrating City's attacks.

The match against Newcastle illustrates De Bruyne's significance. The shift in dynamics, with Newcastle fans becoming arrogant after equalizing, and then falling silent when De Bruyne entered the game, paints a vivid picture of the impact he has on both teams and their supporters. This narrative showcases De Bruyne's ability not just to contribute to goals but also to influence the entire atmosphere of a match, making him a pivotal figure in Manchester City's success.
757  Economy / Gambling discussion / Re: Making too many picks reduces chances of winning. on: January 15, 2024, 05:59:21 PM
One game at a time really makes sense, I don't bet on multiple games at the same time because its an overkill and completely ruins the actual fun and adrenaline part of our bet, I won't say it's quality over quantity cause its irrelevant to gambling in my opinion but it gives the complete experience and the part we supposed to enjoy will be satisfied only if we keep our concentration focused on a particular game and also it will help to make better analysis about the team and opponents and place the right bet.
It's about the experience, the thrill, the suspense, the full rollercoaster ride of emotions that comes with a single match. Betting on multiple games at once? Sure, it might sound impressive, but you're more likely to end up with just disappointed or satisfied information. It's not quality over quantity, it's about enjoying the spectacle and getting the most out of each game.

Concentrating on one match lets you become a football whisperer, a betting oracle, predicting moves and outcomes with the finesse of a psychic octopus. It's the deep dive into stats, the strategic analysis, and the satisfaction of saying, "I called it!".  So, let the high-rollers spread their bets thin like butter on toast; we're here for the deep, meaningful connection with a single game. It's not just about the money; it's about the art of the bet, the dance of probability, and the joy of saying, "I knew it all along."
758  Economy / Economics / Re: Demand of inside dollars on: January 15, 2024, 05:47:43 PM
Trump's quantitative easing to bring the US economy back faster. Biden increased qualitatively to consolidate the dollar, though that made the US economy recover more slowly.
Are you sure this is happening? As the US recently signed with the European Union to bring liquidity to the USD, I still believe that the US will continue to print more money. That also makes Donald Trump the winner. The capitalist business also likes that.
Indeed in this vast economic situation it can be seen from various perspectives, which must be different, for me I see Trump's quantitative easing aims to accelerate economic growth.
While from Biden I see he is very focused on consolidating the dollar in the long term. I feel that the contract with the EUROPEAN UNION will influence each other's policies and may lead to complex dynamics in the global economy.
International collaborations and agreements can have wider consequences that affect not only the economies directly involved but also the broader global economic landscape. Economic policies are often subject to change based on evolving circumstances. The intricacies of these policies and their effects can be interpreted in various ways, and perspectives may be different based on the focus, whether on short-term economic acceleration or long-term currency consolidation.

If we want to understand the complex dynamics of the global economy, it requires a nuanced approach, considering not only domestic policies but also international collaborations and their potential ripple effects. It will be interesting to observe how these economic strategies and agreements unfold and shape the future economic landscape.
759  Economy / Economics / Re: Reasons for personal financial accountability? on: January 15, 2024, 05:36:33 PM
The main reason should be because you wanted to be financially literate and potentially be in control of your future without having the need to work your back until you're in your 60s. Once you know these things and are hyperaware of them, everything will follow for you in terms of financial gains. It's a huge step, but something that is extremely helpful only if people paid close attention to it.
People empower themselves to make informed decisions about their money by developing financial literacy, potentially avoiding pitfalls and making choices that contribute to their long-term well-being. The idea that financial gains follow when there's a keen awareness and understanding of one's financial situation is a powerful motivator.

Financial success becomes a byproduct of intentional and informed financial management. It's not just about earning more, but it's also about optimizing the use of the resources you already have. People gain a level of control that can positively impact their present and future financial well-being, because they become more accountable for their financial choices,
760  Economy / Economics / Re: How is it possible to say there is no money in the bank on: January 15, 2024, 05:28:11 PM
It's because it's all electronic now, you don't really need that much money to prove that you've got money, just a piece of paper and a computer that stores your information and you're good to go, that's how banks are working ever since and it's called fractional banking, if I recall, the money that they receive from customers are quickly circulated or something like that and that they have only a limited amount of physical cash daily, I might be wrong or that's only how small banks or bank branches operate.
Banks don't put all their customers' money in the Bank office, but in Central Bank or somewhere safe. Fractional banking is indeed a practice where banks keep only a fraction of their total deposits in reserve as cash that allows them to circulate the rest through loans and investments. In the digital age, the need for physical cash is diminishing as electronic transactions become more prevalent. This electronic system not only streamlines financial processes but also allows for quicker and more efficient circulation of money within the banking system.

Fractional banking is a mechanism where banks can leverage a portion of their deposits to extend loans and investments, contributing to the overall flow of money in the economy. While larger banks often operate with a limited amount of physical cash due to the prevalence of digital transactions, smaller banks and branches may still handle more physical currency based on their operational scale and customer preferences.
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