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Eekonomists

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    #11
    Originally posted by suityou01 View Post
    Linky?
    Yeah, they put a website to draw people's attention to it.



    https://en.wikipedia.org/wiki/Rothsc...iracy_theories

    Comment


      #12
      You’d drive yourself bonkers if you tried to time your market moves based on self-appointed gurus.

      The question you have to ask yourself is if these guys are so good then why are they spamming you with offers to buy into their expertise instead of sipping Mojitos, perched on their piles of cash in their beachside mansions?

      After 27 years of investing and having seen about 7 world-ending crises I am tempted to back my own judgement and leave the prophets of doom and fill yer boots merchants to argue amongst themselves.

      Comment


        #13
        Originally posted by DimPrawn View Post
        Yeah, they put a website to draw people's attention to it.



        https://en.wikipedia.org/wiki/Rothsc...iracy_theories
        Any links that aren't conspiracy theories, I've run out of tinfoil.
        Knock first as I might be balancing my chakras.

        Comment


          #14
          Originally posted by LGDT View Post
          You’d drive yourself bonkers if you tried to time your market moves based on self-appointed gurus.

          The question you have to ask yourself is if these guys are so good then why are they spamming you with offers to buy into their expertise instead of sipping Mojitos, perched on their piles of cash in their beachside mansions?

          After 27 years of investing and having seen about 7 world-ending crises I am tempted to back my own judgement and leave the prophets of doom and fill yer boots merchants to argue amongst themselves.
          Quite. "Financial Analysis" is a case in point. About as good as astrology.
          Hard Brexit now!
          #prayfornodeal

          Comment


            #15
            Originally posted by sasguru View Post
            Quite. "Financial Analysis" is a case in point. About as good as astrology.
            I've found this to be the best approach.

            Profitable Stock Trading using Moon Cycles - Lunar Cycle Trading

            Comment


              #16
              So we democratically elect a government that has no power and is ruled by the unelected bankers, thus making a mockery of the democratic election process?
              Knock first as I might be balancing my chakras.

              Comment


                #17
                Originally posted by suityou01 View Post
                So we democratically elect a government that has no power and is ruled by the unelected bankers, thus making a mockery of the democratic election process?
                Well, regardless of who you "democratically" elect, they will:

                1. Bail out the (casino) banks regardless of moral hazard.
                2. Prop up property prices to breaking point, ensuring said banks receive maximum income from interest charges.
                3. Engineer booms (privatise profit making for the elite), and busts (nationalise losses for the masses).

                Comment


                  #18
                  So the only way to win is to become one of the elite? How does one go about doing this
                  Knock first as I might be balancing my chakras.

                  Comment


                    #19
                    In developed countries, tax reforms typically included: scaling back the progressive tax rates on personal income, particularly marginal rates at the top end of the income scale; reducing the number of income tax brackets; cutting back corporate tax rates; broadening the income tax base by eliminating loopholes and exemptions; and increasing rates of indirect taxes – in particular the value-added tax (VAT) – and social security contributions (Sandford, 1993: 10–20).

                    The changes in the tax structure, allegedly aimed at making the tax system more “neutral”, favoured some interests over others. The elimination of loopholes and exemptions in most cases reduced certain privileges of taxpayers in the higher income groups. At the same time, cuts in income and capital taxation, together with increases in consumption taxes, led to a redistribution of the tax burden which fell more heavily on lower income groups. The overall effect of these changes in the tax structure made taxation more regressive. Indeed, a review of tax reforms in OECD countries did not find a single country where the tax system became more progressive (Steinmo, 2003: 223).
                    UN TRADE AND DEVELOPMENT REPORT, 2012

                    http://unctad.org/en/PublicationsLibrary/tdr2012_en.pdf

                    Which leads to

                    Billionaires Worth $1.9 Trillion Seek Advantage in 2013 - Bloomberg
                    My subconscious is annoying. It's got a mind of its own.

                    Comment


                      #20
                      Originally posted by suityou01 View Post
                      So the only way to win is to become one of the elite? How does one go about doing this
                      For someone of your calibre?

                      Euro lottery.

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