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1  Economy / Economics / Re: Why we must study Economics at University? on: October 21, 2018, 01:52:20 PM
It is estimated that around 12% of male economics graduates earned above £100,000 some ten years after graduation; by contrast, 6% of those studying medicine or law earned more than £100,000. In terms of females, it is estimated that around 9% of economics graduates earned above £100,000 some ten years after graduation; by contrast, just 1% of those studying medicine and 3% of those studying law did so (Institute for Fiscal Studies).
2  Economy / Economics / Re: Why we must study Economics at University? on: September 22, 2018, 09:29:29 PM
I am of the belief that everyone needs to know what is going on in the world. How can you make decisions like what to do for a career, what to invest your money in or what bank to use, without having some knowledge about the economy? Through studying economics, you develop a financial awareness that is extremely beneficial, no matter what your career aspirations may be.
3  Other / Off-topic / Re: Places you want to travel to before you die on: July 03, 2018, 03:25:41 PM
The combined Redwood National and State Parks span over 133,000 acres across California’s north coast. These parks are home to the tallest growing species on Earth, the redwood tree, which can grow to be well over 300 feet tall.
4  Economy / Economics / Re: The HODL strategy is not actual on: June 04, 2018, 07:09:44 PM
There are a few things that I need to make clear. I am in no way saying that you could easily make that return. If it was easy, everybody would do it. My point is that it is easier to make a bunch of small gains and compound them together than to make huge gains buying and holding 1 coin. The odds of hitting an 1104% gain by buying Bitcoin or Ethereum is basically non-existent. The odds of trading them for a 5% gain per week is possible. You might miss out on big gains with this strategy but you really should not care. It is about your yearly gain. Charts go up and down and that 40% that your friends made could be pennies to you if you use my strategy.
5  Other / Off-topic / Re: How would you explain terrorism to a child? on: May 22, 2018, 09:03:28 AM
Yet another horrific and senseless act of violence has taken place—this time in Las Vegas, where an apparent lone gunman opened fire on a crowd of concert-goers and killed more than 50 people and wounded more than 400 others. It's the deadliest mass shooting in U.S. history. It also brings to mind another tragic and sensless act of violence that took place at a concert: The attack in Manchester, England, where children were among the 22 victims of a suicide bombing that took place at an Ariana Grande concert. When such senseless, devestating events make headlines, it's natural for children to hear about it and ask questions like, "Why do people want to hurt us?" How to answer this heartbreaking question is something no parent is naturally prepared to do.
6  Economy / Economics / Re: how can bitcoin help the community? on: March 27, 2018, 05:19:15 AM
It really depends on how willing various cryptocurrencies are to absorb certain "bad" aspects of fiat currencies in order to grow into a major currency with global volume. At current, I don't know what level of actual impact is likely - since you have to predict not just technology but the behaviour of people: Both of those that use or might use Bitcoin and the adaptations of its traditional and contemporary competitors and their mindshare.
7  Other / Politics & Society / Re: Why are people scared of taxes? on: March 11, 2018, 06:24:56 PM
Not having enough money to pay your bill. I can't tell you how many clients that I have that don't file returns or reply to letters because they can't pay their tax bill in full. While it's always better to pay on time, the world won't end if you don't. If you can pay the full amount eventually, you can work out a payment plan with IRS (more on this later in the week).
8  Other / Politics & Society / Re: World biggest problems on: February 26, 2018, 07:39:51 AM
Probably part of the reason most people aren’t immediately ready to jump into action is that there appears to be so many problems and no simple solution presents itself for any of them. Where then is an eager change-maker to start? Which of the current issues are most urgent to attack head-on and can one person, really truly, make that much of a difference?
9  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: January 28, 2018, 07:57:13 PM
Far from inflation being the problem, the money supply has shrunk and we are in a deflationary bind. The money supply needs to be pumped back up to generate jobs and productivity; and in the system we have today, that is done by issuing bonds, or debt.
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