Bitcoin Forum
May 04, 2024, 09:16:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 ... 306 »
541  Economy / Economics / Re: Why is it difficult for people to get capital easily? on: November 18, 2023, 06:34:48 PM
I came to discovered that, there are many opportunities all over the world for people to embrace by investing some huge amount of money on a particular business and start living a big man life in the country. I have been working hard to get capital to start my own business, so that I will have financial freedom to invest in BTC and any kind of business that will make me not to reduce to zero level in the country but I have worked with many companies but to save the money is the issue because of the disturb of my siblings which I love so much. I was in their shoes before when I was in school some years ago before I became a graduate, and anytime I made demand of anything from my elder brother and sister they must respond to me well by sending the money and food stuff when I was in school, and the day they refuse to respond to me, I will be seriously angry with them not to pick their calls or reply their chat at the moment until they look for way to solve my problem.
How did you get your capital to start that business you are doing today? Or do you experience some things like this from your relatives, because to get capital these days is not easy for me, and there are some people all over the world looking for way to get this capital to start a good business but is not easy for them. Can you share your experience on how you get your capital.

Money is easy to spend but hard to come by, that is obvious to anyone who has been walking this planet for a few years. It's hard to accumulate money with so many expenses in life, people pay large chunks of their salary on renting or mortgages, along with all sorts of extra services and utilities, many will be funding a car too, which makes it hard to accumulate much extra on the side. Banks will lend money to many people every year, but they want to see a solid business plan with a proven track record, if you want to launch something new then you should see if a prototype works first, otherwise you could be wasting a lot of money and will never see much profit out of it - banks want paying bank with interest on top.
542  Economy / Gambling discussion / Re: Math and Gambling on: November 17, 2023, 10:28:59 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Well mathematics is important to known, but it also tells anyone with experience that most casino games cannot be beaten, especially things like slot games which have a fixed RTP which eventually means you will leak out your whole wallet given enough time. Poker is definitely perfectly positioned for mathematical whiz kids, but they will also need to master the bluffing game as well which involves human psychology. There are some games like blackjack which are also vulnerable to exploitation, but the casino has more visibility of abuse in that game so you'll never get ahead of them long term. There is definitely an opportunity out there for new angles on most skill based games, like the example you highlighted.
543  Economy / Economics / Re: House to consider stopgap funding measure today to avert government shutdown on: November 17, 2023, 08:40:35 PM
https://www.cbsnews.com/news/government-shutdown-2023-mike-johnson-stopgap-funding-bill/

House Speaker Mike Johnson's plan to prevent a government shutdown will be considered by the House on Tuesday, according to a notice sent to lawmakers late Monday night.

The stopgap measure to temporarily fund the government, known as a continuing resolution, will be put on the House floor under a procedure known as suspension of the rules. This enables it to bypass the House Rules Committee, where Republicans had signaled they would not advance the bill. Considering the measure under suspension comes with some caveats: it cannot be amended, and it requires a two-thirds majority to pass the House.


This type of situation seems like it is happening every few months now in the USA. Ridiculous. Shut down the government and lets start saving some money! I think by now we can all see that it's just smoke and mirrors and most government jobs are really not essential we could do without them. eventually we'll have to. because they can't keep approving bills like this forever...

what do YOU guys think?  Shocked


The Republicans are a complete shambles and have been for quite a few years now. The fact that you can have totally sensible, what should be middle ground politics, that descends into taking the most extreme positions from the single other party that poses opposition is terrible for America and democracy in general. Politicians should not be seeking to throw up barriers at every opportunity, but work with each other to reach a fair compromise on some of the trickiest questions that society has to face. The fact that over a hundred Republicans are being held hostage by 8 of the most extreme right wing supports is destroying the country and the fastesr these extremists are voted out the better, as they are only serving themselves at this point.
544  Economy / Gambling discussion / Re: Can a mega winner say no to public presentation? on: November 17, 2023, 08:13:55 PM
I created this topic as a result of this news, a young Ghanaian man won 6,000,000 GHC ($501,664) with a bet of 40 GHC. This happened few days ago and it trended on social media. Some of the comments from netizens are that the young man should leave Ghana to avoid being robbed or poisoned.

I know some of us must have seen the formal presentation of a mega winner to the public by a gambling platform. Most times, these bookies invite media outlets to their offices to cover the ceremony, so that the news could be captured on newspapers, tv, internet etc. My questions are...  Can a bettor reject being unveiled to the public? Are gambling platforms paying an extra money for the publicity?

It depends on the location and the rules of the game that you're playing. Most setups will allow you to stay anonymous, but it's highly dependent on the laws of the country your in which could restrict the publicity that the company could force upon you, but just out of general decency a company that gives away free prizes of this size will often allow people to hide their identity. However I can see in certain countries where these sums are even more life changing, that it could actually put people at great danger if the poverty line is much lower. There is no single answer to this, because there are so many different configurations around the world and you should look at the particular rules of the game you're playing.
545  Economy / Economics / Re: How to survive hyperinflation? on: November 16, 2023, 10:30:18 PM
How do you strategically navigate hyperinflation to safeguard your financial well-being?

Would you invest on crypto, stocks or household when the cash is not the king?

Few countries ever seem to experience real hyper inflation, which would be the far extreme of the inflation spectrum. It should be saved for referring to situations like Zimbabwe, where it literally got to the point where you needed a wheelbarrow full of trillion dollar notes to buy small amounts of household shopping. If you have inflation in the double digits, or even triple digits, that could be considered high but it's still fairly controlled and possible with some wise government action to get back under control. Cash is not the king that it used to be, in certain transactions it can be desirable but take cars for example - most dealers would rather hook you into a finance plan rather than have you contribute any sort of cash instead of discounting a down payment on a new car.
546  Economy / Gambling discussion / Re: Do Owners of betting companies bet? on: November 16, 2023, 10:03:47 PM
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.

I would imagine that the owners of betting companies do place the occasional bets, but only because they are often rolling in money and simply don't have enough places to spend it. They are some of the people who are most aware in the world about the dangers of betting, because their fortunes are built on top of it. Of course they'll have the odd flutter, but they have often built an empire based around financial control and calculated risk, so they are going to be much less susceptible at falling into dangerous gambling habits. It's likely that they'll join in as part of entertaining guests, because they will have very deep pockets and it is not going to make any long term impact on their wealth, they only see it as a small bit of fun.
547  Economy / Economics / Re: Is academic pursues enough to get incomes? on: November 16, 2023, 09:50:00 PM
I really want know if getting more degrees can make life financially better because I come from a country where their are no job and I have seen people that the only thing they can do in life is to read books, getting more degrees attaining all these degrees yet no still go job for them with good pay. Do think people who read in a region with slim job opportunities are doing the right thing?

Most people who go for more degrees believe they can get better job at the end of the day. People that only go for more degrees in a stare with high unemployment rate are they doing right thing by putting all their focus on academic because this is the only thing they can do best.

Sadly teachers may not get paid what they deserve but it can also be hard to be a great teacher because of all the pressures put on them these days. They have to deal with lack of discipline with sometime inadequate tools to police their students and the digital age has made attention spans ever shorter to name two of the problems they face, but technology has also enabled improvements in a lot of schools which is a big positive. Let's face it though, very few teachers, unless they reach the very limited position of head teacher, will ever be getting paid as much as the private sector but in many countries they can get fairly good and subsidized state pension contributions, which can somewhat offset the lack of earning potential.
548  Economy / Gambling discussion / Re: Conclusion after losing millions! that games are rigged. on: November 15, 2023, 08:59:57 PM
hey guys,
I was watching this video, where a popular twitch streamer who used to gamble and stream on twitch, had betted millions on slots and on online casino and losing till now.
watch and listen that video he tells why he thinks slots is rigged, the games are not random as the website shows. if you will see his more videos you will understand why is think like that.
I think he just talked about slots, but I also think games that are told provably fair by casinos are rigged in someway.


Here's a example what happens with me:
When I bet big suddenly on crash game on stake it every time stops and seems like the computer is thinking about results after waiting for sometimes i bust at 1x to 1.10x, I would had believed that it is random when this incident happens with me once or twice but it happened with me more than 10 times, I betted my all funds but every time on crash it waits and think to how to bust me on short time.

other incidents are with mines when I bet big on mines even when selected on one bomb when i click to flip that box, the computer thinks and gives me small two or three wins then bust my all funds.
this incident is happened with me more than 6times on stake. dragon tower is father of all games here I never won on even taking lowest risk.

what do you think about this? are games which are played by computers are rigged? don't answer like we play for fun, we are responsible, we are bitcoiner we know to verify bets, etc.

If you're going into a casino or gambling environment with the mentality that it's rigged, you've probably already lost regardless because you are in the wrong state of mind to play. You could look at online poker sites for example and realistically there is a heavy chance they are rigged in certain ways, sometimes rewarding terrible players who happen to deposit a lot of money, in the name of "fairness". However if you're in that poker mindset and thinking the house is against you, it'll put you on tilt so it's better to either conquer your doubts or even try to play with that disadvantage in mind. Fact is, it's highly unlikely you'll ever be able to tell that online sites are really rigged because random numbers can equally screw you over.
549  Economy / Economics / Re: India is the new economic leader of global south. And replacement for China?... on: November 15, 2023, 08:29:23 PM
India is the new leader of the global south .... And a replacement for China ?

China has recently started to openly surrender its position. both politically and economically.
politics is not the place to discuss, but the economy leaves much to be desired. Although it is partly a consequence of politics Smiley)

But to the main point - in the "Global South" today there is a situation when yesterday's leader, China, can no longer fulfill this role (although it wants to), and no one can take this place except India, due to many reasons.

At the same time, India looks much more attractive to the "Global West" than China, which has decided to go into a dictatorship inside, and has a rather dubious foreign policy. China has ceased to be a profitable global factory, plus purely political contradictions with the West. It was the outflow of Western investments, and the decline in demand of the Western market for products manufactured in China, that became the catalyst that accelerated the 3 processes:
- Import growth
- Reduced exports.
- And as a consequence, a shrinking trade surplus.

At the same time, a very complicated situation is brewing inside China with a chain of bankruptcies of budget-forming companies. Of course, China will hide it, but as they say "you can't cheat arithmetic, and 2+3 will never be 10". Another problem is the relocation of Western assembly sites from China. Large regional high-tech companies are also leaving Chinese sites - for example, Samsung.

And guess where all this is moving to ? That's right - to INDIA ! Stable, predictable, adopting the Western vector of development, and moving away from contacts with "dubious countries". India does not "beat in hysterics of dedolarization", does not conduct dubious negotiations, and does not support economic terrorism of some other countries against the world economy. India benefits from stability, long-term mutually beneficial relations with the developed world, a well-deserved place in the world economy and financial system, and realization of its regional ambitions, which China is beginning to lose by failing to implement 2 projects:
- "Yuanization" of the BRICS countries
- An attempt to "put the same BRICS club members on the needle" of importing Chinese products.
It was a poorly concealed but absolutely understandable attempt to save the economy, but ...

What about India? A country with a huge territory and great human potential, developed industry, and long-established ties with the Western world. India has a very good education, and not a small middle class, with good education from western educational institutions. In India, stealing Western technology is not part of the economy as it is in China, for example. In terms of logistics to EU and African countries, India is more conveniently located. Plus in India there is no problem of population aging, which started to give itself in China "thanks to" the policy - "one family - one child". It is also worth paying attention to the IT market - it is perfectly developed in India and continues to compete with other markets. Plus - wiser, more balanced and liberal business policy is what China is losing and will not contribute to the free development of the economy.


So the question is - what do you think about India's potential, opportunities and prospects, in light of the idea of India becoming at least the economical "Head of the Global South", and possibly "one of the poles of the world system" ?


India is definitely not an economic leader compared to China. The fact they are a democracy is a great thing, but China has actually been able to grow at the pace it has over the last few decades because their "communist" party leadership has been able to push through a lot of changes that hurt but allowed them to expand rapidly. They now have brilliant infrastructure, highly developed cities and industrial networks which put them leagues ahead of India. India's tiny population advantage right now is dwarfed by the dysfunctional state of the country that barely seems to progress and still has big pockets of subsistence level existence. This may change however as many countries are getting unsettled by the more confrontational and aggressive approach of Xi Jinping.
550  Economy / Gambling discussion / Re: A gambler's family action. on: November 14, 2023, 09:06:56 PM
During the weekend I was listening to an evening programme from one our the local radio stations they were discussing about gambling, the effects and how to manage it if you might be struggling with  addiction. And they had listeners calling in to share personal experiences or of a loved one that gambles and amidst many callers there was this very caller story that caught my interest and curiosity.

She told about how the family members of a particular young man that is like a plunger when it comes to gambling, his compulsive gambling is to the length of him selling his personal properties and gadgets to make sure he gambles. So what he family did was to print a photograph of him and giving it to all the gambling shops within their neighborhood and around the locality, threatening that any of the gambling shops they have pasted the photo of their brother should they find their brother allowed to gamble in the shops they will sue the gamble shop owner to court as one that is abetting their brother's compulsive gambling lifestyle.

Now, while I was quietly listening to the story in my head I began to ask myself several possible  questions and one of such questions was; is it not possible that this young man can take a cab away from their location and move to a far area to carry out his gambling since his a compulsive gambler.

Just two questions here:
1. Dis the family of this young man went too extreme in trying to help stop their brother from gambling addiction or not?

2. Assuming you are this young man and you had to run to a distant location to carry out your gambling as you are allowed to gambling within your neighborhood and luckily you won huge sum of million dollars. Would you share that money with your loved ones who were barring you from gambling or you will just stay off from them and live new found wealthy live alone?

Share your thoughts!

It sounds like an incredibly dumb and made up story that has zero truth behind it, either you made it up or the radio station. If a gambling shop is legally allowed to operate and the man is of a legal age to place a bet, then there is nothing that could happen to those shops. A judge would not even hear a case in that scenario, because the man has willingly entered into a legal activity on legal premises. They could politely ask that this person be refused, but that is also unlikely as it raises the threat of abuse or violence against the staff members that refuse him. Nor does it solve any problem as the person might just search further afield and the internet makes it so easy to gamble now anyway. The whole story sounds ludicrous.
551  Economy / Economics / Re: Why is it difficult for people to get capital easily? on: November 14, 2023, 08:59:55 PM
I came to discovered that, there are many opportunities all over the world for people to embrace by investing some huge amount of money on a particular business and start living a big man life in the country. I have been working hard to get capital to start my own business, so that I will have financial freedom to invest in BTC and any kind of business that will make me not to reduce to zero level in the country but I have worked with many companies but to save the money is the issue because of the disturb of my siblings which I love so much. I was in their shoes before when I was in school some years ago before I became a graduate, and anytime I made demand of anything from my elder brother and sister they must respond to me well by sending the money and food stuff when I was in school, and the day they refuse to respond to me, I will be seriously angry with them not to pick their calls or reply their chat at the moment until they look for way to solve my problem.
How did you get your capital to start that business you are doing today? Or do you experience some things like this from your relatives, because to get capital these days is not easy for me, and there are some people all over the world looking for way to get this capital to start a good business but is not easy for them. Can you share your experience on how you get your capital.

People can spend money very easily, but often make very poor judgement when it comes to making more money from anything they borrow. Most people who borrow money are doing it to enrich their own lives, such as buying a car or even going on a clothes shopping spree, because they want instant gratification. Advertising is very manipulative and targeting people every single day, through hundreds of methods, in order to empty their wallets and it can take a lot of practice before you become immune to it. Banks and other lenders are in business to make money, they do not make money if the person who borrows money cannot repay it because they spent it on trash and avoid the contract they agreed to when taking out the loan.
552  Economy / Gambling discussion / Re: Quit gambling and Invest in gambling. on: November 14, 2023, 08:17:25 PM
I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions

This sounds like an absolutely awful idea and is basically a form of loan sharking / illegal money lending that will lead you straight to jail in many countries. It's also a pretty horrible act to be preying on people that are feeling their lowest and most desperate, not that I believe that you're doing this at all because it's such a foolish idea. Unless you take collateral, which you seem to describe as optional, then you are unlikely to come up with any contract that could stand up in court if you had to pursue these people for non-payment. I cannot picture any legit casino or bookmaker wanting you hanging around the place either, because of the heat that you would bring them when people start complaining.
553  Economy / Economics / Re: Boycotting iSrAEl's product? think again. on: November 14, 2023, 08:04:25 PM

They forget if it's a franchise, it's not the McDonald's headquarter is supporting Israel. The franchise in other country has no relation with Israel, yet people boycott them. This can give effect to their own economy because the franchise will not make money to pay the employees, resulting salary cut or get fired, unemployment rate will increase.

that clearly supporting Israel, after all it's your choice to boycott them or not.

It's really not make sense to boycott franchise's product, if you want to boycott Israel's product, here are their brands https://en.wikipedia.org/wiki/Category:Israeli_brands

If you want to support Palestine, find the trusted charity in your respective country and make a donation on there.

Think smarter, don't ruin the economy in your country because of sUppOrTInG PaLEStinE by doing that.

Boycotting any of the brands in your infographic is pretty dumb, especially when you consider that their earnings from that country are pretty insignificant to their overall revenue each year. You're right, if you want to target some companies for some reason (few people actually remember all the things they are supposed to be mad about every day) then targeting Israeli companies is the only thing that makes sense. What Israel is doing is hurting a lot of civilians, however they faced a massacre conducted by Hamas recently and they then took away hostages - that is one of the most barbaric acts imaginable and nobody who supports Hamas should receive the slightest bit of sympathy. Give the hostages back, then I might start to care.
554  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 13, 2023, 08:43:17 PM
I base my question about whether a gambler can become a good bitcoin trader, because both of them share one factor which is risk. A gambler is a risk taker, he stakes his money without knowing the outcome of the game that he is about to play. There is no guarantee that he will win, yet he goes ahead to play, knowing fully well that he can lose his bet. Same thing with a bitcoin trader, he goes ahead to engage in trading knowing fully well that the market can turn around  negatively for him, making him to lose his bitcoin. Yet he goes ahead to trade in the hope of making profit.

Although there are some differences between the two, like most gambling depends mainly on luck. You play and let luck decide fate of the game, that is the risk factor, because the gambler doesn't have any control or influence to determine the outcome of the bet. Also a bitcoin trader doesn't have any control or influence to determine how the market swings, he takes the risk to trade his bitcoin without knowing the outcome whether it'll be profit or lose. The diffidence between the two is that a bitcoin trader can predict the market, while a gambler can not predict the outcome of a bet, except in sports bet.

So if a gambler where to go into bitcoin trading, do you think that the experience of taking risk in gambling will be an added advantage to face the risk of bitcoin trading?

You have a distorted view of how the stock market works, or at least compare random rookies who throw a lot of money at the casinos with the casual traders who saw wolf of wallstreet and throw away thousands before figuring out it isn't easy. There are actually professional traders and legitimate strategies to grind out a fairly large, ever growing fortune from the stock market with just a bit of research. It's not a roulette wheel that many movies and the media make it out to be, but it is easy to throw away large amounts of money if you are greedy. In that sense it is probably similar. Casinos often require zero talent to play, especially things like slot games, however the financial markets require intense knowledge but can be mastered.
555  Economy / Economics / Re: The Thailand government will distribute money to its citizens. Economists critic on: November 13, 2023, 07:48:31 PM


The policy of mass cash transfers was one of the campaign slogans of the centrist Pheu Thai Party (For Thais), which came to power in the Asian country in the summer. The aim is to stimulate the economy by giving the equivalent of over a thousand Dollars to 50 million people, encouraging them to spend more and thus helping local producers, shops, and small businesses. Under the influence of opposition criticism, Prime Minister Srettha slightly reduced the initially planned scale of the program, which was originally intended to cover 56 million people. Income limits and savings limits were introduced. Ultimately, anyone who is at least 16 years old, earns less than 70,000 baht per month, and has less than 500,000 baht in their bank account will be eligible for the transfer.


The money is intended to reach the broad masses of the population exclusively in electronic form, through an e-wallet available via the government application used by millions of Thai citizens. Citizens will not be able to convert the virtual wallet contents into cash, and the funds will need to be spent within six months of receiving them.

The authorities also want to control how the money is spent. Recipients of the government program will not be allowed to use the received funds for debt repayment, bill payment, tuition fees, gas and petrol purchases, gold or gemstones, internet products and services, alcohol, cigarettes, or marijuana.

-------------------------------------------

Question : is this a planned experiment regarding money supply manipulation and full control over society? Is this an attempt before implementing "temporary" currency internationally? A test on the population? What are your thoughts on this?

You've not explained how it will be possible to spend the money, just said it's targeted at internal use and will not be possible to cash out? Sounds like a recipe for abuse, as many companies will take advantage of this in a whole variety of ways. To me it seems like a vote buying exercise with little substance to it. The Thai currency does not exactly have much faith in it and these sort of actions further dilute any trust that the world has in good governance of debt. It seems strange that it's not possible to use it towards things like debt repayments or tuition fees, as these can have a very beneficial effect in helping young people in future, as the burden can be quite crushing early on.
556  Economy / Gambling discussion / Re: sites with bonuses without deposit on: November 13, 2023, 07:42:23 PM
Hello everyone, do you have sites with no deposit bonuses or no deposit free bets?

Unfortunately these sort of sites will be quite rare as they are too open to abuse by people who set up multiple accounts and you would surprise what little amounts people will chase when doing this. These sort of promotions are a two way affair, casinos are happy to "buy" new customers by giving them rewards for depositing, because there is a chance that player might turn return many times in future and deposit much more money. However casinos are not interested in freeloaders who may not even have access to any money but will withdraw winnings in an instant if they happened to unlock it. It also acts a little bit as a regulator against encouraging under age players wh are less likely to have access to money to deposit.
557  Economy / Economics / Re: Foreign reserves on: November 13, 2023, 07:21:11 PM
Foreign reserves are the foreign currencies reserved by the government of a nation. If the reserve is decreasing, the central bank increase the price of their local currency leading to inflation. A positivity in the value of the foreign reserves indicates good economy.

I just want to ask a question. Assuming people are buying the foreign currencies and hold it in their domiciliary account and not used in another country for buying of goods to be imported, is the foreign reserves decreasing like that? I mean if the foreign currencies is bought by the citizens of a country and hold in their bank account, and not used to buy from another country.

Countries that make a surplus each year like to stockpile some of their excess income by storing additional funds in other currencies, this in turn can help support the value of their own currency because it's shown to have some reserves and the value is not completely based on thin air. However it is a tricky situation, because those currencies are controlled by another country that has the ability to print even more and devalue those holdings. It's a fine balance, because they don't want to devalue it too much, but by devaluing those currencies it is possible to make any money the government has borrowed from overseas worth less over time - so it makes a lot of sense to do this.
558  Economy / Gambling discussion / Re: Your parent disinherit you eventhough you have not proven to be chronic gambler on: November 13, 2023, 06:16:26 PM
Your parents are very rich and they have made a will while they are still alive Your parent is disinheriting you on the ground on one of the laws in our country about disinheritance that
Quote
When a child or descendant leads a dishonorable or disgraceful life;
because of gambling but they have not proven that you are a chronic gambler and you think you are a responsible gambler.

Do you have a case here on the ground that it is not proven that you are a chronic gambler and have not lost a fortune in gambling, can you appeal this case in court to make the will invalid and get your part in the inheritance?

Here in our country, you cannot disinherit your heirs as long as the heir does not violate what's stated in the law about inheritance and they just used the quoted message as their ground.


What's your take on this and what do your country's laws say about this?


Firstly I would make it my mission in life to move out of the sort of shit hole country that puts wording like that into the wording of their laws. So much of this crap is driven by religion and it's really driven by stone age mentality which is ridiculous with all the fantastic improvements that intelligent science and logical reasoning led improvements have created for humanity. If your parents are ready to disown you in such a manner, or try to manipulate you with such a strategy, then it may be better to reciprocate such cold feelings back towards them. I don't know of any country that has such laws, but I can believe they exist out there with so many religious extremes being pushed or held on to in the world today, it's so backwards.
559  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 Official Partner of Newcastle United Football Club on: November 13, 2023, 12:10:01 PM
Congrats Sportsbet, really enjoy your beers with Steve promotions and shows how you give lots of extra perks to the community Smiley Good luck to all who pick up a free bet!
560  Economy / Economics / Re: What has really been behind china's economy on: November 12, 2023, 10:51:33 PM
Sometimes as a rational thinker,  I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL  GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.

I see a lot of countries with much lesser population struggling to sustain their economy at this point,  with global inflation, the after effect of COVID-19 other multi-dimensional economic problems. Because I can remember vividly that China,  are one of the highest hit of COVID-19 but yet they are still waxing stronger economically.

The other day,  Pawal7777 was talking about recession hitting CANADA, and that's how other countries are having one difficulty here and there economically. So my point is, what economical indices is china adopting to keep their economy afloat?

It's actually pretty straight forward and simple, there's no need to overthink it. For many years they had the biggest population on the planet. After Mao's disastrous policies were overturned and the current government (although a much more progressive form) positioned the country on a path away from basic subsistence into manufacturing. Before "Made in China" there was "Made in Taiwan" and probably other countries before that. They dragged hundreds of millions up by improving education, housing, production standards and enforcing laws to a certain degree. They could build on a much bigger scale than was ever imagined because the government helped drive it forward. It's just a shame Xi Jinping is choosing to drag it back down again now.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 ... 306 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!