It is currently Sun Nov 24, 2024 10:54 pm

View unanswered posts | View active topics


Board index » GENERAL BULLSHIT SECTION » GENERAL DISCUSSION

All times are UTC - 6 hours [ DST ]



Post new topic Reply to topic  Page 1 of 1
  [ 10 posts ] 
  Print view Previous topic | Next topic 
Author Message
GoldenJet
PostPosted: Wed Nov 06, 2019 9:28 am 
Offline
User avatar

Joined: Wed Sep 30, 2015 9:13 am
Posts: 17583
Location: BLM Lake Forest Chapter
pizza_Place: Quonset
You know we're living in crazy times when even Ray Dahlio recognizes the system is pretty fucked up...and set up so that the rich get richer and everybody else gets to watch.

Quote:
Ray Dalio didn’t mince words in a post on LinkedIn about the paradox of free money in the global economy he titled “The World Has Gone Mad and the System Is Broken.”

“At the same time as money is essentially free for those who have money and creditworthiness, it is essentially unavailable to those who don’t have money and creditworthiness, which contributes to the rising wealth, opportunity, and political gaps,” the billionaire founder of investment management firm Bridgewater Associates wrote.


Like other billionaires, maybe he's just getting soft in his old age. Of course, the pessimist in me thinks he's probably selling something.


_________________
Don Tiny wrote:
Don't be such a fucking chump.
Top
 Profile  
 
Jaw Breaker
PostPosted: Wed Nov 06, 2019 9:35 am 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16486
pizza_Place: Boni Vino
He is absolutely right. I think his model predicts a reset every 75 years or so, when debt becomes too large and has to be written off.

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?
Top
 Profile  
 
Douchebag
PostPosted: Wed Nov 06, 2019 9:51 am 
Offline
User avatar

Joined: Tue Aug 19, 2008 3:03 pm
Posts: 43569
Image

_________________
Juice's Lecture Notes wrote:
I am not a legal expert, how many times do I have to say it?
Top
 Profile  
 
GoldenJet
PostPosted: Wed Nov 06, 2019 9:57 am 
Offline
User avatar

Joined: Wed Sep 30, 2015 9:13 am
Posts: 17583
Location: BLM Lake Forest Chapter
pizza_Place: Quonset
Jaw Breaker wrote:
He is absolutely right. I think his model predicts a reset every 75 years or so, when debt becomes too large and has to be written off.


Of course he's right. Brilliant guy, studies history.

_________________
Don Tiny wrote:
Don't be such a fucking chump.
Top
 Profile  
 
Peoria Matt
PostPosted: Wed Nov 06, 2019 10:14 am 
Offline
User avatar

Joined: Sat Apr 30, 2005 4:54 am
Posts: 22704
pizza_Place: A few...
Great movie.
Top
 Profile  
 
Frank Coztansa
PostPosted: Wed Nov 06, 2019 10:59 am 
Offline
100000 CLUB
User avatar

Joined: Wed Feb 08, 2006 6:17 pm
Posts: 102657
pizza_Place: Vito & Nick's
Jaw Breaker wrote:
I think his model predicts a reset every 75 years or so, when debt becomes too large and has to be written off.
All these big companies, they write off everything.

_________________
Joe Orr Road Rod wrote:
It's more fun to be a victim
Caller Bob wrote:
There will never be an effective vaccine. I'll never get one anyway.
Top
 Profile  
 
GoldenJet
PostPosted: Wed Nov 06, 2019 5:10 pm 
Offline
User avatar

Joined: Wed Sep 30, 2015 9:13 am
Posts: 17583
Location: BLM Lake Forest Chapter
pizza_Place: Quonset

_________________
Don Tiny wrote:
Don't be such a fucking chump.
Top
 Profile  
 
GoldenJet
PostPosted: Wed Nov 06, 2019 5:32 pm 
Offline
User avatar

Joined: Wed Sep 30, 2015 9:13 am
Posts: 17583
Location: BLM Lake Forest Chapter
pizza_Place: Quonset


If I were among GOP leadership, I would be pushing, nudging, coaxing, however you want to put it, Trump towards taking his victory lap. There's no way he's changing his stripes and becoming some "great unifier".

If yesterday's election results didn't shock them off the Trump Train, there's going to be devastation come November of 2020.

If I were the Dems, I would be worried that Donald actually does decide to take a victory lap and announce that he's riding off victorious into the sunset.

_________________
Don Tiny wrote:
Don't be such a fucking chump.
Top
 Profile  
 
beni hanna
PostPosted: Wed Nov 06, 2019 5:58 pm 
Offline
User avatar

Joined: Sun Dec 14, 2008 2:25 am
Posts: 10462
pizza_Place: Investigating
I agree with the thought that Dems should be worried IF, Trump decided to ride off into the sunset. BUT it won't happen. I don't think Trump could pass up another chance to campaign and tell everyone how great he is. Me thinks he puts the original FIGJAM to shame. That job in particular has to be hard to walk away from if you enjoy being the center of attention.
Top
 Profile  
 
Zippy-The-Pinhead
PostPosted: Wed Nov 06, 2019 8:43 pm 
Offline
User avatar

Joined: Mon Oct 03, 2005 1:04 pm
Posts: 13257
Location: God's country
pizza_Place: Gem City
Peoria Matt wrote:
Great movie.

Meh. It’s one of those movies that you sort of remember as being funny but then rewatch it and realize it’s really not that great...despite the star power.

_________________
“Mr. Trump is unfit for our nation’s highest office.”- JD Vance
“My god, what an !diot.”- JD Vance tweet on Trump
“I’m a ‘Never Trump’ guy”- JD Vance
Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  Page 1 of 1
  [ 10 posts ] 

Board index » GENERAL BULLSHIT SECTION » GENERAL DISCUSSION

All times are UTC - 6 hours [ DST ]

Who is online

Users browsing this forum: No registered users and 15 guests

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group