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701  Economy / Economics / Re: How do you deal with financial stress? on: October 12, 2023, 04:49:25 PM
The situation in the country is now very bad, the price of every thing is increasing at double rate. 
It is not just bad but getting worse everyday, people are really struggling to survive.  The least thing one can buy right now is even more than a dollar, I mean the the least thing you can think about talk much about basic things like food and other things. This is critical period that one needs to take note on how they spend money, it will be very shocking that money is being spend unnecessary their won't be any money left at hand . This period their is no need to crave for designers wears , hangouts that requires much money. Every life style needs to be cut short to meet up the hard economy .
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I agree with you. With how everything is going, everything needs to be planned out. Back then I don't have to be strict about what I buy when grocery shopping, but these days I need to list everything down, find cheaper options, and even calculate everything to the very last item to ensure that I don't go over my budget. I also used to mindlessly order food and get takeouts often but these days I rarely do so due to how expensive they are now and even the delivery fees are high. Hence, it is ony smart if we really plan and be smart about our money.
702  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 12, 2023, 04:16:24 PM
I disagree.

Marriage is not always mean higher income because you have a partner, especially if you are both planning to have your own family soon. If you have a child or children, you can't both work since your child or children will not have any company in your home, no bonding with your child, no whatsoever emotionally needs as your child grows if you two are working.

So the one who has the higher salary should be the provider, and the other one will stay at home, will take care of the children and the house, so on so forth.
Good point here and I do agree with you; hence this is why planning is important and that of course includes communicating with our significant other. If both parties know where they stand and what the plan is before, during, and after marriage then expectations will be set and roles will be given. For example, if my partner and I decided that after marriage the plan is to focus on our careers and save up for a business then we'll ensure that we take birth control pills and use protections so no unexpected pregnancy will happen that can jeopardize the plan. To put it simply, not even married couple are the same as every single one of us have our own priorities and reasons to get married.
703  Economy / Economics / Re: Save your environmental economic cycle on: October 12, 2023, 03:55:36 PM
When countries like Sri Lanka have gone bankrupt, my country (Bangladesh) is currently in a chaotic stage of economic uncertainty, food shortages and economic disaster have arisen due to the daily increase in the prices of essential commodities.  Even almost worldwide, economic problems have become a major factor in many countries.  The government is now failing to maintain economic balance.  It has become very difficult for those who run grocery stores with little capital, because it is not possible to compete with the big stores on price, also supermarkets now offer various discounts for promotions, due to which the situation of small stores is getting worse day by day.
Many countries that have been dealt with economic problems and most of them are having hard time to recover.
Food security problems, inflation, financial crisis and all sort of those problems that are making a lot of noise to their citizens that causes them to rally.
It's not an easy problem that can be gone with just a day or weeks or even months for them to push the government to solve it.
It's true, it's not magic that can easily be solved no matter how powerful and persistent the government can be. Various factors needs to be considered and dealt with, following the capacity and capabilities of the various sector of the government that answers to these problems. Hence, it does take years for plans and projects to counter these issues to even make any progress. While the general public may think that the government isn't doing anything, truth is, most of the time, they are just working in the background and by the time the public is looped in on the actions being taken a lot of steps and decisions were already done.
704  Economy / Economics / Re: Are short-term rentals to blame for the lack of housing? on: October 12, 2023, 03:15:32 PM
I think the rental price depends on the location, if we have the patience to find a cheaper house to rent then we can easily get it, I once worked in an area where the rent for a place was very expensive, but I was looking for a small road that was not far away and could get it at a very low price cheaper maybe only about 30% of the market price.

Location do play a big role when it comes to rental price. Location shows how accessible, modern, safe and secured the place will be. Location also shows the places that figure tenants can easily go to like hospitals, restaurants, malls, and other places that will be nice to
conveniently have nearby. However, there are also other things to consider like the aesthetics of the place, the amenities, the other rental price of nearby places, and the maintenance fees that landlords/land ladies often need for quick repairs. I'm sure there are a lot more factors that comes with setting a rental price but I agree that if we want to find a cheaper place we can start by researching locations.
705  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 12, 2023, 02:49:23 PM
The United States is a power country, no matter how big the debt is they will be fine. Various smaller countries borrows money all the time, it's nothing new. Besides, what they mostly do is pay off the debt that was possibly due after 10-20 years then borrow again to use it to make more money like investments and projects. As for the situation of the United States, perhaps they will do exactly what they did during the COVID-19 pandemic-- print more money and let their currency take a bit of hit. Will it affect them? Sure, but will it cause their downfall? Certainly not. Hence, if we're talking about huge debt and just how bad it might get for a country we should discuss about developing countries instead of a power country like the United States.

They will not default even if the debt figure increases to millions and trillions of dollars because they control the world's money printing machine and they always use their enormous power to export inflation to the world. But that doesn't mean it could never happen, if their position of power were threatened and overthrown their downfall would be swift. They are not the only empire that exists in this world that never collapses, let's see how long the American empire can last. Everything has a life cycle and the American empire is no exception.

I don't know and I'm not sure where in my reply I said that United States will never fall or the possibility is non-existent. Perhaps you have comprehended it wrongly. All I am saying is it will take more than a bit of currency shift for the United States to fall. Of course there's always the lingering possibility that US will fall, that it will one day lose its dominance over the rest of the world but will it happen overnight? Possibly not, it will take a lot for that to happen. Perhaps you should read my reply and the original post again to see that we're talking about debt here and how it may affect United States and not any outside factors.
706  Economy / Gambling discussion / Re: Gambler avoiding friends after a big win. on: October 11, 2023, 11:58:37 PM
Maybe the gambler thought that his 'friends' will hound him of the money that he won from whatever game he was playing at the time. I mean, most people certainly don't want people around who are only asking for handouts, and so he thought that distancing himself to these people as early as possible will save him from that treatment. IMO, he's not really a good friend, and he only treat these people as gambling buddies and would likely not want to share personal connections with them at all. That in itself is not understandable, and anyone who thinks that that is a good idea would not develop connections that are strong and not only rooted because of monetary reasons.
707  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: October 11, 2023, 11:41:28 PM
Do you know when CS:GO will be left finally and they will pass to CS 2 in official tournaments as well?

Because some time ago they said that it was the last tournament in CS:GO however there must be a few more tournaments which have been organized since then. I assume they are waiting for CS 2 to be fixed more for some more time. I saw even s1mple saying that this game wasn't playable yet so there is still a need to make it much better.

I have been seeing big updates regularly whenever I launch Steam. I hope the game would be ready for tournaments as well soon. 

That's actually their plan. They are to abandon CS:GO to move forward with CS2. There's not many tournaments left for CS:GO while it's still being the official game for CS and major tournaments, although we can't say that CS2 is polished enough to be a platform for huge tournaments specially if there are still some bugs here and there that could potentially destroy a team's strategy.

And now that this is mentioned, the movement still feels off whenever you try to walk or run in CS2. It's as if your character is using rollerblades or something because everything feels so slippery.
They had made an announcement of which tournaments were to transistion to the new Source 2 engine and Sydney's tournament was one of them.
But they had some dates which fell this week of others who would be having the update incorporated into theirs as well.
From the looks of it the match between BIG and The Chosen FEW in the ESL Challenger Jönköping EU Closed Qualifers were already using it.
And why not since everybody else being non-pro players are already playing on it! Since CS:S2 was released to the public late last month.

Even if a lot of people are using it and are reporting no issues whatsoever, it's very evident as a player that the game still needs some smoothing and a lot of polishing on the movement side. I've played it for a few hours and I can tell that I'm playing a very different game because the movement feels slippery and crude, like I'm playing an anime shooting game wherein sliding is a game mechanic/feature and not a bug.

Just look at this meme-worthy peek in the game. I believe an official match happened wherein the same thing happened although I'm not certain which game it was, but it only happened yesterday or a day before that.
708  Economy / Gambling discussion / Re: Sustainable Approach For Your Earnings in Gambling on: October 11, 2023, 10:59:20 PM
Taking a break after a win seems to be a lot more important compared to chasing another win. There's no guarantee that you will be keeping all of your winnings anyway because of your tendency to gamble again, but at least making sure that it's not spent in a single sitting is extremely important. At least, you won't have to withdraw from your personal funds for some time in order to gamble as you already have a buffer that is your winnings.

For me, being honest to oneself is extremely important in an event of a win. If you know that you'll be gambling again, just manage that fund and treat it as part of your bankroll and you'll have no problems at all.
709  Local / Pilipinas / Re: Bakit nga ba sa dami ng babala at mga nagppost nasscam parin ang iba? on: October 11, 2023, 02:05:59 PM
Sangayon ako sayo kabayan pero may mgs scammer din kasi talaga na magaling at mautak. Katulad nalang ng bagong balita tungkol sa mga artista na nabiktima ng scam, pinakagat muna sila na maayos ang sistema at may kinikita talaga (at hindi yung kahinahinala na good to be true na profit at bilis ng investment), ilang beses pang naging maayos ang transaction hanggang isang araw nawala nalang bigla at tinakbo na ang pera nila. Oo, may mga steps at paalala na pwedeng isautak at isagawa pero may mga pagkakataon talaga na kahit anong higpit at ingat na natin ay naiisahan pa rin tayo.
710  Bitcoin / Bitcoin Discussion / Re: I want to fulfill my mother's dream of building a house with Bitcoin. on: October 11, 2023, 01:31:23 PM
Hope your dreams come true soon. But you said that your father spent all the expenses for your education. So where did you get the money to invest in Bitcoin? I definitely think that the money invested is what you earn. Since it is difficult for your father to run the family now, then I would think that your extra money should be paid for the family first. So you should never invest in Bitcoin without meeting the real life needs of your family.
I understand and see your point but I somehow disagree with it. While it is true that it is a good thing for anyone to always think of their family first, we cannot put the responsibility of the parents to provide the family's needs to their kids. Perhaps, it is better to see OP's dream and situation of them helping out and doing their best for their family and not them preferring to invest instead of help out by giving their money to their family immediately. We have to remember that OP is still young and do not have their own family (like a husband and a child) hence they do not have any responsibility to provide to anyone but themselves, instead they are just being a good child to their parents by thinking of building a house for them as a means to help out. I'm sure you get my point.
711  Bitcoin / Bitcoin Discussion / Re: Lessons of my experience and knowledge about Bitcoin on: October 11, 2023, 01:09:21 PM
Bitcoin twitter has been awful lately. Sorry to admit it but it got worse after Elon took over. Basically you got nothing but bots posting phishing websites and scams.

Doesn’t matter what you are trying to search for? Whether bitcoin, Ethereum, alts, defi you will get nothing but massive replies about scams which try and steal your bitcoins.
I was actually curious about this. Although there is completely nothing wrong with socializing with a community online, specially through social media (as that is basically one of the main purpose of these platforms) I was worried about the risk it might bring. Scammers and hackers are everywhere, in fact one of their most well-known style is to pretend like they are a member of the community and earn information and trust of the actual members, once they are able to do that they strike. With such events always occuring, I am skeptical about joining threads and social media communities like groups or forums that are just open for everyone to see and be a part of. At least here it isn't as loud and as open as Twitter or Facebook.
712  Economy / Economics / Re: Ideas without action: An overview of a successful entrepreneur and a dreamer. on: October 11, 2023, 12:43:19 PM
Op, you have hit on several significant points but I have to comment on the point of not taking action, This has killed or buried a lot of good ideas and dreams today,  Getting an Idea is one thing but swinging into action immediately is one beautiful thing and acts as a catalyst to helping you reach your success. Ideas can become reality when immediate actions are followed up with. We must learn to back our ideas with immediate action.
Instead of the term immediate, I'll go for initial. Immediate action may lead to reckless decisions and actions thay may navigate to negative outcomes. While I agree with you that ideas will only remain as ideas without any action being taken, it is still best to be smart about it. Hence, initial action is preferable. Initial action ensures that something is being done with the idea but not everything at once. It may seem like there is no significant difference but trust me there is, and sometimes that difference can lead to either making or breaking someone's dream. It's good to take action but being smart about it is still vital.
713  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: October 11, 2023, 12:22:31 PM
I don't see a reason why you can't do both. If you decide to teach then ensure that you will only be teaching one course, that way you'll have time to spare. With the free time you have you can do number 2 as a side job and even do crypto investing at the same time. It's honestly all about time management and improving your skills. If you really want to do it you can always find a way around things to do so. You have to try things first before you can make a definite conclusion on whether or not it will work out for you.

The key point is to make a plan and put it into action, after doing so you'll soon find out what you can adjust and change overall.
714  Economy / Economics / Re: The future of Farming. on: October 11, 2023, 11:45:20 AM
Land has been one of the factor affecting farming system in my area, in area the want of land has been increasing, no land but we have labourers. And also the sale of land is very expensive so not everyone can afford buying a land, both in rural and urban center suffers from this.
But you didn't mention the major factor affecting agriculture, in my country the major factor affecting agriculture is flooding. This flood comes every year and destroys peoples crop and food and destroys poultry farm, and the sales of food becomes expensive
It's true that rates of land are getting higher these days, at least it is the same in the country I live in. Farmers are either forced to sell their lands due to the high maintenance fee they need and land taxes or they resort to borrowing money from either the bank or someone rich (who most likely takes advantage of them, there has been a lot of news regarding this). Additionally, I agree with you regarding problems that are brought about by natural disasters that cause issues regarding crops and the lands. While governments may offer help and assistance to farmers when such an event happens, we cannot ignore the big loss it causes not only to the profit of the farmers but also to the supply we need.
715  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 11, 2023, 11:24:13 AM
Just like we think about our future rich people also think about their childrens future. Its not like that they have their children relationships with everyone,but they always prefer relationships between their rich people. I have seen many people who have married people who are richer than them and they are living their lives in luxury because of these rich people. So there is no harm in having relationships with rich people to make yourself financially stable. For those who adapt themselves to all kinds of situations, there is no problem in marrying such people. So in my opinion, if there is an opportunity, it should be taken.
Rich people always prepare their children to be more successful than them and most importantly they have access to make their children more successful, although sometimes not all rich people's children are able to follow their parents. Marrying someone who is much richer than us will have a bad social impact, a different life and an environment that is not the same will make us feel uncomfortable with these conditions. It takes balance to achieve happiness in the household, money or possessions are not a benchmark for someone to reach the stage of happiness and be able to live in peace.

There are many people who marry people who are richer than themselves and end up in divorce because the man has no self-esteem because his wife's family has a lot of money. At this level I think marriage must have a balance between the two and if one of them is unable to accept the differences and shortcomings then eventually the relationship ends.
First of all, I agree with you regarding rich people ensuring that their legacy continues with their kids. They have various different reasons as to why they are ensuring the future wealth of their heir (some for selfish greed while others for actual care and concern for their kids' future) there is no doubt that rich parents want to make sure that their wealth lasts for years and years of different generations. However, I do not agree with you regarding the conflict of marrying someone who has a higher economic class than us. While it may be true that it will cause social impact and possible effects due to the changes on both us and our partners, conflicts like this can happen even if we marry someone of the same economic status as us as we are merging with their world. There is no such thing as complete balance when it comes to relationships, one day we will be the ones to fill what is lacking, and some days it will be the complete opposite. There will always be someone who is getting more and someone giving more.
716  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: October 11, 2023, 09:49:53 AM
Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.
Such a person has no plans for his future and he only enjoys the moment when he receives money from whatever it is including parental gifts because he thinks he is rich easier to get even without working, but this will lead to regret later.

This person will be happy at the beginning will be tragic at the end because they do not prepare anything for an emergency fund let alone prioritize investment, it is clear that they will not think about it, this is only some people who do not care, maybe because of the lack of financial advice from those closest to them.

Not all rich people are the same, they will definitely think about the future if they have long-term thoughts and plans during their lifetime and now prioritize their investments.
I'm not sure if any of you are familiar with the term "one day millionaire", but for those who don't know what that means it basically refers to an individual or people who spends whatever money they have or earn for a single day or a short period of time. They are basically those who just spends and spends until nothing more is left, and are slave to their desires. These type of people are the ones who often regrets their decisions and actions after some time, once they finally realized just what they wasted.

Shocking part is these people can either be rich individuals or those who are just average earners.
717  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 11, 2023, 08:43:33 AM
The United States is a power country, no matter how big the debt is they will be fine. Various smaller countries borrows money all the time, it's nothing new. Besides, what they mostly do is pay off the debt that was possibly due after 10-20 years then borrow again to use it to make more money like investments and projects. As for the situation of the United States, perhaps they will do exactly what they did during the COVID-19 pandemic-- print more money and let their currency take a bit of hit. Will it affect them? Sure, but will it cause their downfall? Certainly not. Hence, if we're talking about huge debt and just how bad it might get for a country we should discuss about developing countries instead of a power country like the United States.
718  Economy / Gambling discussion / Re: Why do you not gamble on women sports? (tennis not included) on: October 10, 2023, 11:58:36 PM
The main reason is I don't watch that much women sports. I know women can excel in a lot of sports and are sometimes better than men when it comes to certain categories, but it just isn't my cup of tea. If it's something like motorsports then sure, I'll watch them race in blazing speeds across different tracks, but for your regular sports like football, basketball, and the likes? You'll be sure that I'm not one bit interested in something like that - even in Men's sports, too.
719  Economy / Gambling discussion / Re: Not keeping records makes me a bad gambler? on: October 10, 2023, 11:48:35 PM
I don't keep a detailed record of such, but I do keep a record of how much money is going out of my wallets every time I gamble or bet on something. It's something that is important more than keeping track of your win/loss IMO. You will be aware of what's happening with your money if you know how much is going towards leisure and 'fun' activities compared to what you really need to live day by day. Not keeping a record of things doesn't make you a bad gambler, it just makes your financial moves bad because you are not making informed decisions by missing a lot of details.
720  Economy / Gambling discussion / Re: Relying on gamble wins is dangerous to mental health on: October 10, 2023, 11:28:35 PM
People shouldn't really be counting the chicks before they hatch. I guess your friend has already made some plans for the prize that he's 'supposed' to receive, that's why his reaction went like that. Had he not made the allocations and budgeting in his head when his initial legs on the parlay were winning, he wouldn't have suffered that much IMO. I mean, everyone will be kicking the air after a missed x2500 return on their stake, but it's still something that isn't yours to begin with unless you have won every leg so why suffer that much?
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