Fourth, I like the idea of bringing more people into the FIRE community. The current FIRE influencers spend a lot of energy marketing to people with low net worth levels, say, the folks who just graduated from Dave Ramsey, got out of debt, and are now ready and willing ...
Technology has been diffusing power away from governments, and empowering individuals and groups to play roles in world politics – includ- ing wreaking massive destruction – which were once reserved to governments. Privatization has been increasing and terrorism is the privatization of war.[…] ...
A debt-ridden Roman consults a psychic/witch in desperation, hoping to wipe out his debt with one massive bet—a bet consisting of his wife’s holdings. He loses, and we soon see that the witch was a charlatan. Other characters make mention or pay homage to their own local gods. When...
My personal experience with it was that I stayed as quiet as I possibly could, but it wasn’t enough. It was generally known that I wasn’t really on board with the whole thing, and thus I was always on the outside looking in; other people got the “creative” assignments and the r...
everything changes faster: demand, supply, product prices, employment, production, investment, inventories, interest rates and exchange rates. In one quarter the economy is booming; the next quarter it is on the brink of recession and requiring massive Federal Reserve interest rate cuts. Sound fami...
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“i think people will get depressed. i think there will be suicides and massive depression. we’ve all read about the domestic-abuse victims who are trapped in their homes with their abusers…. it’s kind of scary.” he worries, too, that “people with no stake in the economy”...
Die Rückkäufe der europäischen Staatspapiere aus den Portfolios der Investoren der ganzen Welt bedeutete ein massives Angebot an Euros auf den Devisenmärkten, die schon vor dem eigentlichen Geschehen spekulative Abwertungseffekte erzeugte. Zu einem sinkenden Eurokurs gelang es den ...
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The UAE is one of several Gulf states that were rapidly ushered into the capitalist world order due to massive oil wealth. The early Emirati sheikhdom’s wealth had traditionally rested on its pearling industry, which around the 1900s made up about 95 percent of Sheikh Zayed bin Khalifa Al...