2020 Collapse

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.

  1. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    ^
    Sorry mate, but what should we understand from this?
     
  2. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    Chicken wings are more rare in US fast food chains, so now they offer "chicken thighs":
     
  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

    Joined:
    Oct 17, 2016
    Messages:
    1,902
    Likes Received:
    3,420
    Trophy Points:
    113
    Location:
    Australia
    Nothing - just referring to the loose money sloshing about and lookin' for anything to invest in. $5.4M to a NFT is another weak signal of possible inflation to me. Plus it's a mildly funny story if you look at the code (in the link) - it does not look like it should be. That's all.
     
  4. Arch Stanton

    Arch Stanton Well-Known Member

    Joined:
    Aug 1, 2015
    Messages:
    191
    Likes Received:
    343
    Trophy Points:
    63
    Location:
    Pennsylvania USA
    I never understood chicken wings. 85% bone.
    I have been buying thighs for for many years (decades) to make "buffalo wings."
    Same taste.
    Lots of meat, juicier, much cheaper.
     
  5. Oddjob

    Oddjob Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2018
    Messages:
    3,760
    Likes Received:
    6,801
    Trophy Points:
    113
    Location:
    New Gulagland
    mmm....shiney! likes this.
  6. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    The meat on thighs is tougher and full of tendons. I prefer drumlets (the mini drumstick part of the wing).
     
    precious roar and dollars like this.
  8. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    This guy says Bitcoin is sucking the value out of gold and dematerializes value.
    He seems to believe that value can be dematerialized.

    He makes many interesting points, the video is worth seeing!

    But this makes me think of the "you will own nothing and be happy" crap. But he does make many strong points, we are after all headed to a utopian "Absurdistan" :D

     
  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,452
    Trophy Points:
    113
    He means negating the necessity to require physical property eg we don’t need records or CDs any more as music is digitalised.
     
  10. precious roar

    precious roar Active Member

    Joined:
    Sep 18, 2012
    Messages:
    283
    Likes Received:
    163
    Trophy Points:
    43
    True, but vinyl records are still better.
     
  11. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,602
    Trophy Points:
    113
    Location:
    here there everywhere
  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    I just read that the gold premium in india and china is rising again.

     
    TreasureHunter likes this.
  13. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,602
    Trophy Points:
    113
    Location:
    here there everywhere
    precious roar likes this.
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,452
    Trophy Points:
    113
    I couldn’t find anyone jogging with a record player, had to make do with a ghetto blaster.

    1CA927E6-7E9D-40CA-AF01-DF99540D425E.jpeg
     
    precious roar and spannermonkey like this.
  15. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    they look like ear rings
    [​IMG]
     
  16. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    The guy above is referring to the digitization of assets, value as well.
    He believes that gold will have less significance, because of the new crypto phenomenon.

    This makes me think of that "you will own nothing and be happy".

    It is disgusting to see how Kiyosaki flipped and became a Bitcoin-fan. He was pumping silver and gold like a permabull.
    Hypocrite.

    Talentless Max Keiser's oligophrenic outbursts are also promoting Bitcoin.

    I am more inclined towards believing it is a tulip mania-rather. But it could become a secondary currency if some countries actively accept and promote it (like El Salvador)
    and if the global economy keeps slumping downwards.
     
  17. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    ^ the system is USD based, corrupt to no bail
    trying to abscond the gold throne
    mortal world = body = asset based
    spirited = unseen = anywords are possible
     
  18. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,452
    Trophy Points:
    113
    Saylor argues digital assets have a host of advantages over physical and it’s been an evolutionary process.

    Value is subjective. That’s why some people prefer LPs over CDs.
     
  19. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    Progressive credentialism - everyone is doing it and it is an infinite rat race against a competition that is actually doing the same thing.
    Credentials, diplomas, degrees, certifications one on top of each other.

    This actually destroys the workforce (and takes away a lot of precious time from our lives).

     
  20. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,452
    Trophy Points:
    113

Share This Page