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681  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 10, 2023, 06:46:02 PM
If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

It's an incomplete and poorly thought out equation. Either the start up capital required is 20k or it can be trialed with a lower amount. If you need a license that costs $15k for example and then $5k to build a website, you simply would not be able to launch it without the remaining amount anyway. If you can partially launch the project, taking a few steps towards the end goal you're trying to achieve, it could be good to get started straight away. You'll often find that businesses take a year or two to start developing anyway, so it's better to put roots down earlier. You may also find that spending the $15k gives you a good idea of profitability which might save the remaining 5k input from being wasted or give you an idea of the return it will actually make if invested later.
682  Economy / Gambling discussion / Re: Do crypto sport books have better odds than "licensed" ones? on: October 09, 2023, 09:00:16 PM
In my view most "licensed" betting companies are more shady than others.

Supposedly a sportsbook having paid a license to opperate in your territory should make gambling safer. But you probably pay for it in other ways. For instance, odds on online platforms that are licensed might tend to be worse than those that operate without being officially licensed but get around this by mostly accepting crypto deposits.

So based on the above, the smarter gamblers should always go to a sportsbook that has better odds. But yet licenses are still to this day are promoted as something better. When in reality it's just probably states wanting a piece of gambling profits. I don't think anyone should be fooled by a platform being licensed. Because if a sportsbook wants to do wrong to people, it'll do it anyway. Odds and reputation are what matters.

It's a strange comparison you've decided to make, but then you need to give a bit more context. The casinos and sportbooks in my country, within Europe, are generally licensed and offer very competitive rates in comparison to crypto casinos. In many cases they will even use the same odds providers in the background and the method of payment they accept is completely separate from the odds they have on offer. You'll also find that many of the largest crypto casinos that are found here will be regulated or headquarters in places like Europe as well, even though they might rely on licensing out of places like Curacao. There is very little difference between the payment forms and odds offers any more, if there ever was.
683  Economy / Economics / Re: Another Coup in Africa: What is the economic effect? on: October 09, 2023, 08:46:39 PM
Just early this morning some group of soldiers in Gabon declared that they had overthrown the democratically elected government in Gabon, Africa. President Ali Bongo Ondimba has been placed under house arrest and there are also celebrations on the streets of the capital  Libreville.

Some observers believe that these coups in these former French colonies like the Central African Republic, Mali, Burkina Faso, and Niger is to reduce France's economic influence in Africa. Gabon has the largest manganese mine in the world and it is controlled by the French mining group Eramet. Manganese is a major raw material used to produce steel and batteries. The company that employs about 8,000 workers has suspended its operation due to this coup. There have also been concerns about the continuity of uranium mining by French-based Orano after the coup in Niger. Niger supplies about controlled 15% of France’s uranium needs.

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?


Sadly at this point, another coup has an almost negligible effect on the general prosperity of Africa. It seems to run through the veins of the continent that even democratic leaning countries are so fragile, they can be overthrown with pressure applied in the right (or wrong) places. To countries like Russia, where the governments are considered either vulnerable to manipulation or can be setup for a coup, they benefit from injecting their mercenaries in and profit from the highest bidder - almost as if it's a new industry they are creating. They'll definitely get paid first as well, when they are positioned to "guard" key locations like diamond mines or similar, so the politicians simply get brushed aside if they do not agree.
684  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: October 09, 2023, 08:36:57 PM
Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

One of the most simple things when it comes to gambling is staying within your means, maybe even creating a "bankroll" for certain games like poker which will dictate the size of room that you play in. If you have $100 allocated to spend on gambling each week, then you need to decide how to use that - either all in one session or you split $20 across five days for example. Then you need to keep track of the balance you've spent on a particular day, otherwise the gambling house can obfuscate it by a constant drip feeding of small wins. Lots of gamblers, even if they refuse to admit it, suffer from the problem of chasing losses but keep such a poor grip on their losses that they forever feel like they're in a black hole and are unlikely to climb out of it, the only way to get out is accepting the painful reality that you've lost all that money.
685  Economy / Economics / Re: Population: Economic strength or weakness on: October 09, 2023, 08:10:53 PM
We have had different analyses about the implication of population on the economy of a nation. Some economists will argue that the reason for the underdevelopment of most countries is because of overpopulation. Hence they are advised to cut down the population through diverse means like birth control and so on. In other countries, economists are also predicting economic woes because of underpopulation. These nations have been advised to increase the birth rate through diverse means. Some nations are giving citizens diverse welfare packages to increase the number of children they have. Some are encouraging immigration to fill the gaps created by the labor shortages.

A close look at this situation shows that many of these overpopulated nations mostly in Africa and Asia are underdeveloped. While these underpopulated nations are economically buoyant. I think the reason for the poverty of these developing nations is not the population but bad governance and the inability to maximize and distribute available resources equally.  We cannot deny the fact that these overpopulated nations are economically important to these developed nations in terms of human resources. And they contribute immensely to the development of these first-world nations in terms of cheap labour.

How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?

It feels like the institution, religious stance and general culture of a country can make a huge difference compared to population. Take for example certain countries that might take the religious viewpoint of everything being a byproduct of "God's will", which is basically an excuse and a cop out for lazy behavior or not questioning different alternatives to a failed action. Science is a leading force that drives forward a lot of innovation, but at times it can be in conflict with certain religious interpretations and stunt growth in such societies. Without science we would not have many of the medical marvels we see today, or things like GPS systems in space which satnav's rely on or even the internet which makes communication so much easier.
686  Economy / Gambling discussion / Re: Will you gamble till old age or not on: October 08, 2023, 01:50:26 PM
I was in the garden this evening and I was think on my bet that I placed on this evening game, then something came into my head like...are you going to gamble even when you are old, or you will quit gambling at a certain age.

There are so many of us that are responsible gamblers and we only gamble to entertain ourselves not for making profit. Since gambling is done for fun, it becomes part of us, this is because we enjoy the fun, and some persons uses it to relieve them after a long day stress at work. We always assign some portion of our income for our gambling activities because it has become a habit in us. I know that some of us hasn't thought of quitting gambling because we are responsible gamblers.

My question is this, will you continue to gamble till old age, or you have planned to stop gambling at a certain age?
I am not referring to addicted gamblers that will learn a hard lesson before the quit, but only responsible gamblers that are taking all prevention measures to addiction.

I will answer first.
I will love to quit gambling when I am 42yrs because I don't want to give gambling much time and I will prefer to look for an alternative means to have fun.

Age is just a number, and as long as you have not completely lost your critical thinking and logic skills you should be free to choose your own entertainment. Maybe certain checks should be in place, which should be true for gamblers of all ages, to make sure you are gambling within your means or maybe get a simple "check up" screen every year to make sure you have basic reasoning skills, could be contemplated. The important factor is whether you are still competent to make financial or risk based judgements, which do diminish as you get very old.
687  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 08, 2023, 01:43:40 PM
Marriage mean double your passive income, rental property mean double your passive income, work hard is a myths.

Come and debate. Marriage to a spouse quickly establish to a facts that you would provide financially.

But marriage can only happens once in a life, so the gold digger is missing out so much of gain, compare to owning more than one rental property.

I would like to quote this

"First rental property would fund your travel expense
Second rental fund your sport car
Third rental fund your private jet
Fourth rental fund your yacht
Fifth rental fund your private island
... and so on"


Btw boomer get the land for free, you would have to pay for it, which also get their rental from no money down.

As long as your passive income far bigger than your expense, you are free from slavery, you are free from financial problems.

So back to topic, is marriage, notably marry rich a sound advice today? Why having multple sugar daddy seem more appealing to me, one sugar daddy one passive income, two sugar daddy two passive income, 100 sugar daddy 100 passive income, simple maths! Btw I don't want to add crypto into the mix. I don't want to make consideration because it hardly existed more than ten years while marriage and rental has existed for thousands of years.

As others have said, you shouldn't simply see marriage as a business contract because that can lead to disaster. It's an additional perk that comes out of a loving relationship and should only be considered that way. It is also not some magic bullet to double your own income, but sharing costs, if both people in the marriage work can bring down your expenses considerably. Also, if one partner decides to stay home and actively maintains a household or looks after children, it can make life much easier for both.
688  Economy / Gambling discussion / Re: This is not Practical on: October 08, 2023, 01:37:54 PM
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?

Well you seem to live a different lifestyle to others, where you may consider that you cannot afford to lose any money. However if you look at it differently and as a form of entertainment, then it can make more sense. For a example some people find pleasure in going bowling or to the cinema, even paying $20 for the privilege. That is a fun experience to them. Other people choose gambling as a fun experience, outlet and way to spend their free cash. Neither is better or worse than the other, as long as the person stays in control of their budget.
689  Economy / Economics / Re: Women are more economical than men. on: October 08, 2023, 01:23:21 PM
We had this argument where I was the opinion that most men spend money on things that they are obligated to and cannot control it at times due to responsibilities, men are used to spending money already and because of being used to it, they can find it hard to be as economical as women can be. Do you agree with this unpopular opinion that women are more economical when it comes to money and are able to manage themselves and their homes better than men do?

I think in history, up until the last couple decades, woman have often been earning a fair chunk less in wages. This has left them somewhat reliant on others in some ways. That cultural shift has changed but mothers from older generation might still be passing the message of frugality onwards and it definitely is useful. In the current materialistic and instant gratification world, it's more important than ever to be careful where you spend your money. It's very easy to waste but increasingly harder to earn.
690  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 08, 2023, 01:13:51 PM
A lady cried seriously after losing her money in sports bet gambling. Navigate to the image for more info 👉👉👉


Gambling is not for the weak minded ones but for those who can withstand with the bad motion/feeling when it occurs. Any gambler that thinking to win always is not well prepared for the gambling space. As a Gambler, you have to prepare your mind that the game you are playing might favour you or against you and if the game against you, then you have to wear a thick skin to over come the lose. Gambling is not for butter and bread but for the better and the worst. So any of the above come to your way as a gambler, you take. No man/woman should cry for gambling though it is painful but you don't have to cry. The casino company never cry when you win. She would have known that gambling is not her loss is another person win and her win is another person loss. Casinos want you to loss and you want casinos to loss and that is how gambling game is. Many people don't understand gambling and all what they want is to play and win. And I believed that she didn't read the Ts of the casino and probably she was excited for the game and placed her bet and loss.
This is the first time I am seeing a lady playing gamble in the public domain. Though I have been hearing but not seen. Well she should take heart, the matter how she cried the money will not come back again. What do you say about the Lady? Did she do well in the public? As I said, gambling is not your mate, take precautions.

Some people will cry after getting served the wrong flavor ice cream or getting splashed from the pool, it doesn't really matter what triggers someone off. I don't think you should judge someone for this reason, we can all be caught off guard at times and should always be trying to support each other through life. However some people do set themselves up for failure, for example if they keep putting any money they find into this losing endeavour because they have zero self control and impulsively want to continue. There is nothing wrong with failure, as long as you learn from past mistakes.
691  Economy / Economics / Re: Agriculture vs oil on: October 07, 2023, 02:15:03 PM
We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

You're comparing apples and oranges, for no meaningful outcome. Oil is a commodity extracted for purposes like energy or production of materials like plastic. Agriculture in under developed societies can require a lot of back break labor by thousands of people on covering hectares of space. However those fields in more advanced societies with technological assistance can be looked after by less than 5 people. This frees up that hard working labor pool for other more useful jobs and is what every country is aspiring towards.
692  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 07, 2023, 01:12:23 PM
Take it or leave it, some part of me still want to make free money from gambling, even when I don't gamble every day, and while I am a very cautious gambler.

Some people are trying to hide behind the cotton, stating that they are gambling for the fun of it, I will like to ask them this question if I can get them to answer.

Is there any spirit of good will when you intentionally give your money away in order to just have a good time gambling?

Because taking money away from gambling simply makes the game not worth playing.

Will you still participate if money is not involved? Many people will easily quit if all casinos are to be turned into no-money games, isn't it?

Money is still the real reasons why we gamble, been addicted or not, mutual greed or not, all gambling is done to make more money or get some form of reward in the end.


You can only really say you're gambling if you have "skin in the game" aka you are risking something real. That's why you'll never get the same responses from players on free gaming apps, if you compared a free poker chip and a paid poker chip game for example. The aggression of the players and the unpredictability changes wildly between the two. That being said, if people work hard and want to spend small amounts of their income on these games because they find it entertaining - leave them to it, as it poses no real harm.
693  Economy / Economics / Re: I am forgetting the value of money. on: October 06, 2023, 09:33:20 PM
In my country, even $5 is considered a reasonable amount for the lower middle class. I spent $5 to purchase a seemingly worthless movie or music subscription, and I fall into the lower middle class category myself.

I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.

This realization struck me when I observed a lower middle-class woman desperately asking to borrow less than $1 for nearly 10 minutes, enduring shameful comments from the shop owner. She needed to borrow this money because her husband wasn't earning anything, and their financial situation was such that they didn't have the luxury of saving; they earned daily and spent daily.
What can I do to remember the importance of money and spend more carefully?

The value of money is forever changing and it's constantly shifting between all the currencies of the world. You have to learn to be dynamic and flexible in your lifestyle, it sounds like you're making these observations which is a good start. There are many super stores in competition for example and you should always be checking out the competition if you feel one has started to raise prices far too quickly. I've noticed it in my local area, one got taken over by private equity and they resorted to price gouging after borrowing massive amounts of money to fund it, however there is a lot of competition around which they underestimated. They were able to raise prices for 6-12 months,  but lost a large market share and started to drop prices heavily, but it's already damaged their reputation.
694  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 06, 2023, 04:41:39 PM
A lady cried seriously after losing her money in sports bet gambling. Navigate to the image for more info

Gambling is not for the weak minded ones but for those who can withstand with the bad motion/feeling when it occurs. Any gambler that thinking to win always is not well prepared for the gambling space. As a Gambler, you have to prepare your mind that the game you are playing might favour you or against you and if the game against you, then you have to wear a thick skin to over come the lose. Gambling is not for butter and bread but for the better and the worst. So any of the above come to your way as a gambler, you take. No man/woman should cry for gambling though it is painful but you don't have to cry. The casino company never cry when you win. She would have known that gambling is not her loss is another person win and her win is another person loss. Casinos want you to loss and you want casinos to loss and that is how gambling game is. Many people don't understand gambling and all what they want is to play and win. And I believed that she didn't read the Ts of the casino and probably she was excited for the game and placed her bet and loss.
This is the first time I am seeing a lady playing gamble in the public domain. Though I have been hearing but not seen. Well she should take heart, the matter how she cried the money will not come back again. What do you say about the Lady? Did she do well in the public? As I said, gambling is not your mate, take precautions.

She is one of millions who will have done this in history. It leads to two outcomes, either the pain that led to this crying was ingrained enough that it steered her away from making similar gambling mistakes in future or she may have come to the wrong conclusion of chasing losses. The only people winning long term in these situations are the casinos and bookmakers who offer odds which are stacked against you. Even if you have a good run on sports betting for example, they will find ways to either limit your successes or adjust the odds so they are more favorable to the house. This ignores the fact that there is a whole spectrum of sensitivity and some people will cry for any reason, while others find it hard to cry ever.
695  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 06, 2023, 04:28:30 PM
We all know that US borrowing heavily. There are a lot of information on US debt on the Internet. Just to make it short, I will ask few questions:

What do you think, how this situation will be resolved? What did happen to any other nations who had huge dept in history? Is there any ways offered by economists to resolve the situation?

When you owe the bank one million, you have a problem. When the bank owes you one million, they have a problem. America is in one of the most desired positions of any country in the world, they are so credit worthy that other countries will continue to lend to them even though they have these vast mountains of existing debt. Not only that, they owe the central bank that allows them to print as much money as they want, which effectively allows them to shrink the debt over time. As they have the main reserve currency of the world, they are able to negotiate excellent deals and even enforce actions on other nations that wish to trade heavily in US dollars, which they have done for many decades now.
696  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: October 04, 2023, 06:06:59 PM
Yes, Gambling addiction has strained a lot of relationships through financial instabilities emotional turmoil, social isolation, and family problems. Gambling which was meant to be a popular kind of entertainment for many and was designed to provide a temporary escape from everyday life and also help one to be more observant mentally task your brain and it is also good for your mental brain. When it becomes an addiction it causes financial strain the strain can manifest in various ways including the loss of shared savings, debt accumulation, and financial secrecy which may lead to strained communication between partners. This communication breakdown can prevent couples, friends, and associates from working together.

Gambling should never be that big a part of your life that it starts to over spill into things like your relationship with other people. If someone else perceives you have a problem, then it's possible you've taken things too far and may be facing a state of denial. At that point, even if you don't believe it to be true, then maybe it is fair to cut out gambling for a month and see how it mentally affects you. If you're able to cut it off and not give it a second thought during that time, then you should be ok. If you find yourself drawn back into it immediately, they probably have a point. You should then start to evaluate if you want to continue on the route of gambling or whether your relationship is more valuable, because eventually they will get fed up and leave.
697  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: October 04, 2023, 05:39:01 PM
First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

You're right in many respects, like locusts - humanity will consume all available resources and expend them if given the opportunity. Greed is a powerful motivator in human nature and is endless unless it is contained by laws or governments. However there are people who do find an equilibrium where your headline statement might not apply. Some people are happy with what they've got and achieved in life, not wanting for anything extra, but they will be quite rare. The super rich are also generally in a position where all their needs are met, but they don't have a salary like regular people. The main point is, try not to go into debt and live within your means to get that extra bit of happiness out of life.
698  Economy / Gambling discussion / Re: Will you gamble till old age or not on: October 04, 2023, 05:35:40 PM
I was in the garden this evening and I was think on my bet that I placed on this evening game, then something came into my head like...are you going to gamble even when you are old, or you will quit gambling at a certain age.

There are so many of us that are responsible gamblers and we only gamble to entertain ourselves not for making profit. Since gambling is done for fun, it becomes part of us, this is because we enjoy the fun, and some persons uses it to relieve them after a long day stress at work. We always assign some portion of our income for our gambling activities because it has become a habit in us. I know that some of us hasn't thought of quitting gambling because we are responsible gamblers.

My question is this, will you continue to gamble till old age, or you have planned to stop gambling at a certain age?
I am not referring to addicted gamblers that will learn a hard lesson before the quit, but only responsible gamblers that are taking all prevention measures to addiction.

I will answer first.
I will love to quit gambling when I am 42yrs because I don't want to give gambling much time and I will prefer to look for an alternative means to have fun.

This question is like asking "will you have fun until old age or not"? Anyone who has compulsion control would not have a problem with engaging in casual gambling at any age in their life. You might do it ten times a year, once or not at all - moderation is key to most things. If you have ever had a gambling addiction then you might just decide to never touch it again and that would probably be the best strategy for you to overcome it long term. As long as you are mentally competent to assess what you're doing and keep the amounts reasonable in comparison to your income, then it is a fairly harmless activity. If I was very old then you do have to consider if you have the ability to judge the risks, but would probably not derive that much enjoyment from it either.
699  Other / Off-topic / Re: If you are becoming a billionaire in 2025,buying a large ship should not be goal on: October 04, 2023, 05:30:39 PM
If you are becoming a billionaire in 2025, buying a large ship should not be a goal

If you are becoming a billionaire in 2025, buying a large ship should not be not be a goal, it should not be your manifesto, Because money doesn't matter, but humanity matters, Money will increase with time, (While we should talk about equal resources, equal wealth for all people) maybe we are traveling towards the free world?, Because of me, many people have become whales in the last 4 years, governments have become financially strong in the last 4 years, And now they are all doing good, Regardless of all these things, what should be your manifesto? Let's look at all these things

1. People have no home and there is hunger and poverty in the world
2. People have no money and many people will remain poor in 2030, while many governments are running the manifesto of eradicating poverty from the world by 2030. (We have to completely eradicate poverty from the world by 2030, The goal of ending poverty is that everyone has everything so that no one is deprived of anything)
3. Many people are deprived of treatment facilities and good physical health


To overcome all these things you must do things that remove all these deprivations,
1. Build free homes for people who don't have houses
2. Provide free quality food to people (And do it all before 2028)
"You can launch a project with the help of cryptocurrency or do something through AI"
3. For those who are deprived of wealth, the means to provide wealth should be created (As the maximum purchasing power of a person in poor countries is 2 dollars, converting these 2 dollars into 2000 dollars per month should be our next step)
4. Many things are necessary to improve people's health and eliminate death

Can you build free robotic hospitals in every country or every city in the world?

Billionaires aren't interested in advice from people like you or me. They live in a different reality to everyone else, where they can be chaffeur driven and brought breakfast in bed by a butler, from their private chef. The one main reason that billionaires *might* not choose to buy a boat, is primarily because they cost a ridiculous amount and the upkeep costs are huge. You should be complaining to governments around the world for not properly taxing or encouraging them to spend their vast wealth, not the individuals themselves who are bound by capitalism rules. You'll also find that plenty of billionaires are very philanthropic and give vast amounts of money to charity compared to the average person.
700  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: October 03, 2023, 08:45:59 PM
Quote
Stereotypically, gender is also cited as one of the reasons why people like to gamble. One of the research findings shows that women tend to prefer percentage-odds-based games and men tend to prefer skill-based games.

For example, poker, from a man's point of view is considered a skill-based gamble. While women see it as a game of calculating the odds.

In gambling, generally, women don't like it when others see them lose. Girls probably prefer slot machines because no one sees players win or lose.

Gambling with slot machines is often a personal experience free of guilt or shame. While the men are not like that.

According to research, when a man loses a gamble, there's a machismo attached to him saying, "Yeah, I lost £500, but I can afford it."


And when you win big, guys like it to be exposed right away. Because, they consider this as part of the skill.

This difference in reasons does not necessarily indicate whether men prefer to gamble than women. Women who like to gamble or men who like to gamble are both related to the courage to take risks.

For different reasons, people who like to gamble see it as fun and for reasons that are more complex than just economics.
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Do you think the results of the research above are correct?

I know that the number of women involved in gambling is very small because in some countries, people's views of female gamblers are still very bad and they are considered dirty and unfit to be a wife. maybe the results of this research can be used by gambling business owners in developing their business.

In my experience you'll find a lot less women if you enter a casino and there seems to be a multitude of reasons for that. They generally would not enter by themselves like a man who has more common exposure to gambling venues. Lots of women already get hassled in other settings and to be surrounded by a bunch of potentially unstable males is not a winning proposition for them. They're also better at handling money, or at least a higher proportion of women are likely to be looking after children and that should be where the vast majority of their finances are going to be focused, on providing a stable environment for their family. Unfortunately fathers can sometimes get an easier angle and more freedom in that respect, if the relationship is not properly balanced.
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