we ain't talking about the economy going to hell right now?

Tunez

Lloyd Banks Stan
Supporter
Joined
Jun 29, 2013
Messages
44,607
Reputation
7,115
Daps
77,680
Reppin
Southside, 2gz Up
Total Invested:
$35,210.24
Market Value:
$30,671.82
Cash on Hand:
$110,789.00
Net Worth:
$141,460.82
Profit Margin:
down_r.gif
4,538.42 (12.89%)
Im struggling :mjcry:
 

The Bilingual Gringo

Tucked in to the socks
Supporter
Joined
May 11, 2012
Messages
4,948
Reputation
975
Daps
10,096
I use Acorns for a "round up" account on all of my transactions for my checking and CC accounts and they just sent me an email about the panic, etc.

It's cyclical USUALLY, but it'll be interesting to see how this pans out w/ China and our debt.
 

Broke Wave

The GOAT
Joined
Apr 30, 2012
Messages
18,704
Reputation
4,580
Daps
44,606
Reppin
Open Society Foundation
Its not the actual oil but the fact that its backed by the dollar. That's the main reason they took Ghaddafi out cuz he was moving to get away from the petro dollar. Putin is doing the same. If more countries do it the dollar is worthless. Yall might as well start rolling weed in your dollar bills
Breh... I think you need to do more research on what actually drives the value of the US dollar...the purchase of oil is one of them but... Ever heard of uhhh... t bonds?
 

Yakno1

Banned
Joined
Mar 2, 2013
Messages
3,555
Reputation
56
Daps
6,273
Reppin
NULL
See China, Russia. India is mostly held down by dysfunctional culture and politics. Brazil is the only big country on the up and up in the next 100 years.

I would do more research on this buddy. Even rus not completely finished and china tanking but no where near done. Were in a global economy. We been running this show for many decades and hopefully more but other countries want to run it now and will try to undermine at any chance they get so that presents challenges as you would expect.

Will India Surpass China over the Next Decade?

Indian economy can double in three years: Suresh Prabhu - The Economic Times
 

itsyoung!!

Veteran
Bushed
Joined
May 1, 2012
Messages
38,914
Reputation
6,545
Daps
110,448
Reppin
Bay Area
The average person only wants to be entertained and will only complain about meaningless shyt. Every year, the largest corporations in the country find loopholes to avoid paying taxes, which ultimately affects the state of the country since it's either more taxes (not happening) or budget cuts. This also causes the country to resort to borrowing at low interest rates in order to cover expenses. The average person doesn't care though. :yeshrug:
think it also has to do with them making even more houses after the housing market crashed just in 2008, and them charging insane pricing for these new houses that are also horribly built (houses are merged like duplexes now in california, finding a new stand alone house in bay area under $500k in bay area is almost impossible, or is completely impossible. So between how they are built and the pricing, no one wants to move in). Its like they aint learn from 2008...

they keep making these houses and no one is moving in :heh: the housing market in California is back to 2007 joke levels :heh: I was talking to my dad just a few weeks ago saying the economy is boutta fukk up again, I could tell from what they tryna sell these houses for and no one moving into them :heh: it amazes me how these people become rich when they are so oblivious to the market :snoop:

coupled with what you are talking about, we will be right back in 2008 mode by end of the year :snoop:
 

Ghanaian Armor

Colonel
Joined
Jul 3, 2015
Messages
1,147
Reputation
-300
Daps
2,030
Reppin
Queens, NY
I would do more research on this buddy. Even rus not completely finished and china tanking but no where near done. Were in a global economy. We been running this show for many decades and hopefully more but other countries want to run it now and will try to undermine at any chance they get so that presents challenges as you would expect.

Will India Surpass China over the Next Decade?

Indian economy can double in three years: Suresh Prabhu - The Economic Times

India done dude. They can't even stop gang rape. Both India and China by 2050 will have something like 1 out of 5 Men will not be able to get a Wife purely because of statistical reasons (they preferred boys over girls in reproduction the past 20 years which fukked up everything) so when these young Men grow up and can't get laid best believe bad things will happen.

Indian politics it takes 10 years to get legislation passed to punish nikkas who throw acid on chicks for "suspected" infidelity. They don't even need to prove it in court of law just a kangaroo community court with circumstantial evidence. Their social ails will be what holds them back from even comparing with the U.S. That same bureaucracy makes it almost impossible to open a profitable business in India even as an Indian.

China their healthcare system is fukked. They have an aging populace plenty of workers to pay into the system but the problem is the wages are not high enough. They are stuck in a catch-22 consumerism needs to improve domestically before wages can go higher and vice versa. FDI (Foreign Direct Investment) is being stopped because they are fukking with the currency and everything else.

Brazil is the only country making serious strides to stop corruption, decrease poverty and improve education and overall globalization. Most Brazilians know a 2nd language. How many Chinese know English??? Indians can speak English if they are middle class but they are still culturally completely different so communication remains difficult. IT stopped the outsourcing to India en masse years ago. So India now has to come up on it's own. Brazil is becoming the country to outsource many complex tasks to. The quality of Brazilian work is better compared to India or China. The culture seems laid back from the outside but they are actually very hard working. With Argentina imploding the stage is set for Brazil to lead the Western Hemisphere in growth in 2016 and beyond. They have their problems like everyone else but there is much more upside to this country than any other right now. Immigration continues to increase there. FDI will not stop any time soon.
 
Top