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The Bar For non Automotive Related Chat |
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19-06-2017, 04:08 PM | #1 | ||||
Bathed In A Yellow Glow
Join Date: Mar 2010
Location: NSW Central Coast
Posts: 2,530
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Quote:
http://www.msn.com/en-us/money/savin...Qbz?li=BBnb7Kz Quote:
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19-06-2017, 06:00 PM | #2 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,272
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Sickening.....How much bloody money do these corporations want?
Does anyone realise how much 1 Trillion dollars is? Its 1,000 Million dollars for gods sakes!!! |
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19-06-2017, 06:18 PM | #3 | ||
FF.Com.Au Hardcore
Join Date: Jul 2012
Posts: 3,878
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19-06-2017, 06:48 PM | #4 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,272
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Quote:
I never was very good at maths but i do know that 1 Trillion has a WHOLE lotta zero's on the end of it...... 1,000.000.000.000. And the U.S of A has nearly 20T of debt lol!!! Too much for me... http://www.usdebtclock.org/ |
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19-06-2017, 07:30 PM | #5 | |||
FF.Com.Au Hardcore
Join Date: Jul 2009
Location: melbourne
Posts: 4,668
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Quote:
https://www.youtube.com/watch?v=RWsx1X8PV_A |
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19-06-2017, 07:56 PM | #6 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
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Friedman and Austrian economics is the antithesis of the current economic paradigm based on Keynesian insanity.
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19-06-2017, 09:54 PM | #7 | ||
FF.Com.Au Hardcore
Join Date: Jul 2012
Posts: 3,878
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19-06-2017, 10:19 PM | #8 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
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Keynesian economics in a nutshell asserts that a free market economy is dependant on government intervention, via monetary policy, government spending or other means.
Austrian economics theorizes that the subjective choices of individuals including individual knowledge, time, expectation, and other subjective factors, cause all economic phenomena. Government intervention in Keynesian fashion is considered an obstruction, a hindrance that stifles any free market economy.
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19-06-2017, 10:30 PM | #9 | ||
Donating Member
Join Date: Dec 2004
Location: Sydney
Posts: 1,940
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Woohoo my company is in the top 20 (14th)
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My Resume: Current: Alfa Romeo Giulia Quadrifoglio in Vulcano Black MY18 Black WRX STi Spec-R Previous: '16 White FGX XR8 '09 Black FG FPV GT 5th Anniversary '04 Blueprint BA XR8 '97 Mocha Foam EL Fairmont |
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19-06-2017, 11:37 PM | #10 | ||
FF.Com.Au Hardcore
Join Date: Jul 2012
Posts: 3,878
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20-06-2017, 12:36 AM | #11 | |||
Guest
Posts: n/a
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Quote:
When you look at natural systems there is highly complex systems which manage to work together not because they were designed that way but because through trial an error over millennia they have been the victors in a battle against other forms of life and other systems which were not sustainable. Within a million failures there could only be one success and would could still be considered to be a success. If the economic system ever did stop or halt it is likely that a new one will spring up in its place and be far more effective and more stable. Like bitcoin and gold/silver bullion. |
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