Author Topic: Monetary Wealth  (Read 3322 times)

NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #120 on: July 14, 2022, 02:28:53 pm »
Crypto’s Free Rein May Be Coming to a Close
Quote
Lawmakers in the US and Europe are considering ways to regulate crypto and crack down on money-laundering and other illicit activities.
https://www.wired.com/story/cryptos-free-rein-may-be-coming-to-a-close/?utm_source=pocket-newtab

NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #121 on: July 17, 2022, 10:42:32 am »
How China's Banking Crisis Could hit the World
Quote
China's economy is struggling at the moment, and has been for a while. So in this video we look at the latest looming issue, China's banking crisis. It's small at the moment, but it could eventually impact the entire world.
https://www.youtube.com/watch?v=F17JeRTDyyY

NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #122 on: September 01, 2022, 06:52:18 pm »
A new Forbes analysis of 157 crypto exchanges finds that 51% of the daily bitcoin trading volume being reported is likely bogus.
Quote
Within the emerging and turbulent market for cryptocurrencies, where there are no fewer than 10,000 tokens, bitcoin, is the great granddaddy, the blue-chip, representing 40% of the $1 trillion in crypto assets outstanding. Bitcoin is crypto’s gateway drug. An estimated 46 million adult Americans already own it according to New York Digital Investment Group, and an increasing number of institutional investors and corporations are warming to the nascent alternative asset.

But can you trust what your crypto exchange or e-brokerage reports about trading in the most important digital currency?
Entire article: https://www.forbes.com/sites/javierpaz/2022/08/26/more-than-half-of-all-bitcoin-trades-are-fake/?utm_source=pocket-newtab&sh=3a2ffe2a6681

NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #123 on: September 16, 2022, 02:17:10 pm »
The Euro Is Failing: Why € Fell Below the $
Quote
Over recent months the Euro has been struggling, plunging to lows not seen since the currency properly launched in the early 2000s. So why is Europe's central currency struggling, what does it mean for regular people and is the EU headed for recession.
https://www.youtube.com/watch?v=pQdea8tPm6k

Is China at Risk of a Major Financial Crisis? - VisualPolitik EN
Quote
How close is China to a financial crisis, and is the banking system of the world's second largest economy really at risk?
https://www.youtube.com/watch?v=5aHy_40FyRw

Quote
Poverty, the state of one who lacks a usual or socially acceptable amount of money or material possessions. Poverty is said to exist when people lack the means to satisfy their basic needs. In this context, the identification of poor people first requires a determination of what constitutes basic needs.
https://www.google.com/search?client=firefox-b-1-d&q=poverty

Reminder:

If 8 billion people only use 1 gallon of water per day, that is 8 billion gallons of fresh water being used around the world per day. The average person uses 101.5 gallons of water per day:
https://water.phila.gov/pool/files/home-water-use-ig5.pdf

At this rate of water usage Lake Tahoe in the U.S., which is estimated to contain 37 trillion gallons of water, is being drained every 46 days.

Quote
Lake Tahoe contains an average of 37 trillion gallons of water. That's hard to imagine, but it is enough water to cover a flat surface, the size of California with 14 inches of water. If you did ever manage to drain Tahoe, it would take around 700 years to fill back up again.
https://www.fs.usda.gov/main/ltbmu/about-forest/about-area

See also:
https://trueleft.createaforum.com/news/water-supply/
https://trueleft.createaforum.com/issues/population-and-demographics/

90sRetroFan

  • Administrator
  • Hero Member
  • *****
  • Posts: 7321
  • WESTERN CIVILIZATION MUST DIE!
    • View Profile
Re: Monetary Wealth
« Reply #124 on: September 16, 2022, 06:59:52 pm »
"The average person uses 101.5 gallons of water per day"

Replace "person" with "Westerner".

I wonder how many fewer gallons of water a person would use per day if they themselves had to lift from a well and carry home all the water they wanted to use (1 gallon = 3.79kg water). This is how superior ancient life was. I am not against labour-saving automation of water delivery in theory so long as it does not lead to more water used, but if in practice it leads to people using more water than they actually need to, it becomes decadence.

NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #125 on: September 16, 2022, 10:38:12 pm »
Replace "person" with "Westerner".

Indeed! Now add upon that equation the water used to raise non-humans for meat consumption by Western standards and the average 'person' may actually begin to realize the stress Westerners\human-beings have placed upon this planet!  :o
« Last Edit: September 16, 2022, 10:43:16 pm by NSFAN »

NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #126 on: November 09, 2022, 02:43:37 pm »
‘Pig Butchering:’ A Text-And-Crypto Scam Costing Victims Millions | Tech News Briefing Podcast | WSJ
Quote
Scammers are using friendship, fake cryptocurrencies and text messages to con millions of dollars out of unsuspecting victims. An increasingly common scam known as “Pig Butchering” is targeting professionals.
https://www.youtube.com/watch?v=k8RNPtbLhzs

In other news:
What Hunter-Gatherers Can Teach Us About the Frustrations of Modern Work
Quote
Research on early human societies offers lessons about improving our jobs today.
Entire article: https://www.newyorker.com/culture/office-space/lessons-from-the-deep-history-of-work?utm_source=pocket-newtab

Without even reading the above article, I would not be at all surprised if the author fails to recognize the fact that any society based on the Paleolithic era of hunter-gatherers will always do unnecessary work, and sees no problem in traveling large areas in-order to do this unnecessary work, i.e. commuting to work.

Only a civilization based on the Neolithic era, the actual era that made civilization possible in the first place, has a problem with unnecessary work in general, and even more-so with commuting to unnecessary jobs to do so!



NSFAN

  • Hero Member
  • *****
  • Posts: 521
    • View Profile
Re: Monetary Wealth
« Reply #127 on: November 24, 2022, 07:16:08 pm »
Making The Case For Abolishing Billionaires
Quote
"One after another, four of our best-known billionaires laid waste to the image of benevolent saviors carefully cultivated by their class," Anand Giridharadas writes in a recent New York Times column. Giridharadas joins Morning Joe to discuss the case for abolishing billionaires.
https://www.youtube.com/watch?v=lC1YAwwLyUA