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1  Economy / Economics / Wealth inequality among the world , USA you are the best. on: March 20, 2017, 01:35:38 PM
Congratulation to USA as the top wealth inequality of developed nation among others.
Let us look closely on data, I have summarized the data from one of the report http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=AD783798-ED07-E8C2-4405996B5B02A32E .
 The inequality is calculated by using mean wealth divide with median wealth. If you learn math before, you should know what is mean and median and hence inequality can be calculated from those two values.

 Country                 Median    Mean         Inequality
1. United States    $ 44,977    $344,692   7.66
2. Denmark    $ 52,279    $259,816   4.97
3. Germany    $ 42,833    $185,175   4.32
4. Austria    $ 52,519    $206,002   3.92
5. Israel    $ 54,384    $176,263   3.24
6. Kuwait    $ 40,803    $119,038   2.92
7. Finland    $ 52,427    $146,733   2.80
8. Canada    $ 96,664    $270,179   2.80
9. Taiwan    $ 63,134    $172,847   2.74
10. Singapore    $101,386    $276,885   2.73
11. United Kingdom    $107,865    $288,808   2.68

Wow, the inequality of united states is  54.12 % higher than denmark. It is clearly state that citizen of usa, please ask your representtives to do and act with actions! ! !


2  Other / Off-topic / When do employee raise pay , how do you think? on: March 18, 2017, 02:26:48 PM
Hello,
Employer have the power to raise the pay for their employers but normally pay was raised and evaluated based on
1. The basic pay of the country law
2. Employee performance
3. Company performance and profit and some industry pay well than other industry.

How often do you receive pay raise and what percentage do you increase? Do you think the economic status is fair to majority employee?
However, it is very hard for HR and employers to have an fair and accurate evaluation to promote good performance.
For example, a relatively small business will value top performance workers because the boss know majority of his employee.
However, in large organisation, CEOs and top management team only know small amount of labor.
Do you agree?
3  Other / Politics & Society / Why do people hate Jew on: March 13, 2017, 11:52:04 AM
Hello, everybody.

I am here to ask something, do you hate Jew? If ok, can you please state your religion so that we can know more about the true world(hatred between religion)
I know majority of muslim hate Jew people and I am non muslim or jew.
if you are muslim, do you agree that Jew should stay in israel only because
1) no need to find jew people in order to hunt them down
2) or should not stay in israel because this is not your hometown

Again, I grow up in muslim society and being a non-muslim and most muslim i meet don't like jew or western people.
They always stated that their poor economy status or any bad things is related to western plot.
So, I am so confused why muslim hate jew so much and jew was afraid of muslim?

4  Other / Politics & Society / Your big brother can watch your every move, CIA vs wikileak on: March 10, 2017, 01:20:27 PM
In short, wikileak mentioned that CIA can look every move if they intend to find your information.
WikiLeaks on Tuesday said it had obtained a secret trove of hacking tools used by the CIA to break into or circumvent the security of phones, communication apps and other devices, and published confidential documents describing those programs.

Among the most noteworthy WikiLeaks claims are that the Central Intelligence Agency, in partnership with other U.S. and foreign agencies, has been able to bypass the encryption on popular messaging apps such as WhatsApp, Telegram and Signal, by hacking phones that use Google Inc’s Android platform to collect audio and message traffic before encryption is applied.

Reuters could not immediately verify the contents of the published documents, but several contractors and private cyber security experts said the materials, dated between 2013 and 2016, appeared to be legitimate.

But relax,

It is illegal for CIA to do those stuff right? and apple company says it fixed the bug.
Anyway, as one who don't do evil stuff will not become a target for CIA.
5  Economy / Economics / Do you care on interest rate of FED that will increase the rate on incoming date on: March 07, 2017, 01:44:55 PM
Hi, all. Long time no see.

I wonder do anybody care for the Monetary policy of the FED? because I don't see any post are discussing the relationship between interest rate and bitcoin price.
We can see that FED is going to increase the interest rate on the incoming day.
Do the bitcion price is going to drop down due to this policy change?
I think it is going to drop down the value of bitcoin and balancing it value in the range of 1000 - 1200 usd on the coming next 4 months.
The value of US dollar will increase when the rate increase and all other value of currency would decrease.
And top 5 market exchange for bitcoin include china,usa and europe.
Although the decrease of currencies is expected, investors and traders will seek other assets such as bitcoin as safe monetary system.
However, we can see the things recently shown that bitcoin isn't the first choice for investor,
the S&p dow jones indices is increasing generally which lead by bank and president trumph is going to invest huge amount of money into infrastructure which i think is a better way to earn for most investor.
Whereas for China, they are helding National People's Congress (NPC) and National Committee of the Chinese People's Political Consultative Conference (CPPCC) which highlight the importance of real economy compared to virtual economy.
Besides, they are going to invest hugely in infrastructure too.

So, some traders will possible will not consider bitcoin as a wealth management product due to policy change.
What do you think?
6  Economy / Economics / The slowdown of economy growth around all world- How you lose your money. on: January 16, 2016, 06:04:05 AM
NOW, the market is experiencing a sudden loss of capital.
The DOW jones has been dropping since early of this year. What factors is causing these problems?
The drop of value in yuan, the  North Korea’ nuclear bomb problems or others?
Let see some graph,
The pump of money in QE started in 2008 and end in 9/2012. It has greatly increase the money(monetary base) in market,
you can see the effect of QE 1, QE 2 AND QE 3. source : https://research.stlouisfed.org/fred2/series/EXCSRESNS


The DOW JONES effect is very obvious, it has increased so much from 2011 until 2015(CNN only provide 5 years track back).
I believe before 2007, the value is much lower than 2011. So it has increased very much. source: http://money.cnn.com/data/markets/dow/



The reason of dropping is that FED is taking the currency back, u can see from the sudden drop in figure 1
 and the worse is that the increase of interest cause people don't want to invest their money into market.

The FED are pumping money into market, help majority?
The unplanned QE method are pumping money to help rich people while poor people aren't benefit more than rich people.
That why the richer are getting richer, the poor are getting more pore.
Can u calculate how much percentage of your personal wealth increase compared to rich people or DOW Jones market?
If FED are collecting back their currency, who will benefit?
So can anyone list some accountability bitcoin trading website(volume of buy/sell) or statistics for me,
so that I can see whether sudden drop of bitcoin value is relevant to this adjustment of monetary base.
Thanks.
7  Economy / Economics / Sign of collapse economy of Bank in USA-RISE OF BITCOIN IN NEXT 4 MONTHS? on: October 08, 2015, 08:05:21 AM
Hi, all.
Do you all notice FED just put in lot of money into banking system of USA?
I just read the article,
http://investmentresearchdynamics.com/a-liquidity-crisis-hit-the-banking-in-september/
8  Economy / Economics / Bitcoin value in the next future 50 years- rubbish or global currency? on: January 27, 2015, 07:01:01 AM
Hi, all.
I am not fully understand on bitcoin mechanism.
I would like to ask the advantages and disadvantages of bitcoin,
as far as I know, the most advantages for it is the reduction of transcation cost.
but with the recent development of technology, I'm skeptic on it.

1. The code for bitcoin can't be edited, right?
Is it possible to decode bitcoin on the next future 50 years?


2. With the increase in the price of bitcoin, there are many new crpto-currency in the markets,
This bring to a new questions, since there are not authrity that can controlled crpto-currency,
those new crypto-currency will eventually create chaos in the market.
Especially in order to create wealth, those who have lots of money can suddenly enter the new crypto-currency,
due to a high demand and new crypto-currency will be more valued.
How bitcoin increase its value in a month in 2009.
And those wealth people are going to be more richer than before.
Do you agree that authority should be given to certain parties to control the flow of crypto-currency?

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