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#Post#: 14689--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: July 14, 2022, 2:28 pm
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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.
--- End Quote ---
HTML https://www.wired.com/story/cryptos-free-rein-may-be-coming-to-a-close/?utm_source=pocket-newtab
#Post#: 14734--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: July 17, 2022, 10:42 am
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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.
--- End Quote ---
HTML https://www.youtube.com/watch?v=F17JeRTDyyY
#Post#: 15447--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: September 1, 2022, 6:52 pm
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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?
--- End Quote ---
Entire article:
HTML https://www.forbes.com/sites/javierpaz/2022/08/26/more-than-half-of-all-bitcoin-trades-are-fake/?utm_source=pocket-newtab&sh=3a2ffe2a6681
#Post#: 15684--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: September 16, 2022, 2:17 pm
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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.
--- End Quote ---
HTML 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?
--- End Quote ---
HTML 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.
--- End Quote ---
HTML 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:
HTML 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.
--- End Quote ---
HTML https://www.fs.usda.gov/main/ltbmu/about-forest/about-area
See also:
HTML https://trueleft.createaforum.com/news/water-supply/
HTML https://trueleft.createaforum.com/issues/population-and-demographics/
#Post#: 15690--------------------------------------------------
Re: Monetary Wealth
DIR By: 90sRetroFan
Date: September 16, 2022, 6:59 pm
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"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.
#Post#: 15694--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: September 16, 2022, 10:38 pm
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--- Quote from: 90sRetroFan link ---
>
> Replace "person" with "Westerner".
>
--- End Quote ---
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
#Post#: 16348--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: November 9, 2022, 2:43 pm
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‘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.
--- End Quote ---
HTML 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.
--- End Quote ---
Entire article:
HTML 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!
#Post#: 16658--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: November 24, 2022, 7:16 pm
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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.
--- End Quote ---
HTML https://www.youtube.com/watch?v=lC1YAwwLyUA
#Post#: 16695--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: November 26, 2022, 4:27 pm
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Thom Hartmann | Milton Friedman Was INSANE
HTML https://www.youtube.com/watch?v=z6CuSD4plWQ
So was Leo Strauss...
--- Quote ---
> Friedman was born in Brooklyn, New York on July 31, 1912. His
parents, Sára Ethel (née Landau) and Jenő Saul Friedman,
were Jewish working-class immigrants from Beregszász in
Carpathian Ruthenia, Kingdom of Hungary (now Berehove in
Ukraine).[29][30] They emigrated to America in their early
teens.[29] They both worked as dry goods merchants. Friedman was
their fourth child and only son, as well as the youngest of the
children. [31] Shortly after his birth, the family relocated to
Rahway, New Jersey.[32]
--- End Quote ---
HTML https://en.wikipedia.org/wiki/Milton_Friedman
--- Quote ---
> Neoliberalism, or neo-liberalism,[1] is a term used to signify
the late 20th century political reappearance of 19th-century
ideas associated with free-market capitalism after it fell into
decline following the second world war.[2]: 7 [3] A
prominent factor in the rise of conservative and libertarian
organizations, political parties, and think tanks, and
predominantly advocated by them,[4][5] it is generally
associated with policies of economic liberalization, including
privatization, deregulation, globalization, free trade,
monetarism, austerity, and reductions in government spending in
order to increase the role of the private sector in the economy
and society.[14] The defining features of neoliberalism in both
thought and practice have been the subject of substantial
scholarly debate.[15][16]
--- End Quote ---
HTML https://en.wikipedia.org/wiki/Neoliberalism
This is primarily why in the U.S. we often see private
individuals having to step in to fund things that the government
should be responsible for...
Hartmann still gets it wrong in regards to the NSDAP:
--- Quote ---
> There are some good reasons why National Socialism belongs to
the left rather than the right politically. In any case,
[Hitler] had more in common with Stalin's totalitarianism than
with Mussolini's fascism. In Italy in the twenties and thirties
there were still the traditional class differences, while
Hitler, unlike the socialists of all shades, promoted social
equality. After the so-called seizure of power, contrary to what
some members of the upper classes hoped, he did not restore the
privileges lost in 1918. Instead, he simply replaced Marx's term
of classless society with the vocabulary of the ‘people's
community’ and sold the still terrifyingly socialist-sounding
term as a kind of permanent fraternity celebration. — Joachim
Fest, “Was Adolf Hitler a leftist?” Taz.am Wochenende (27
September 2003)
--- End Quote ---
Side note:
--- Quote ---
> Strauss was born on September 20, 1899, in the small town of
Kirchhain in Hesse-Nassau, a province of the Kingdom of Prussia
(part of the German Empire), to Hugo Strauss and Jennie Strauss,
née David. According to Allan Bloom's 1974 obituary in Political
Theory, Strauss "was raised as an Orthodox Jew", but the family
does not appear to have completely embraced Orthodox
practice.[36] Strauss himself noted that he came from a
"conservative, even orthodox Jewish home", but one which knew
little about Judaism except strict adherence to ceremonial laws.
His father and uncle operated a farm supply and livestock
business that they inherited from their father, Meyer
(1835–1919), a leading member of the local Jewish community.[37]
--- End Quote ---
HTML https://en.wikipedia.org/wiki/Leo_Strauss
#Post#: 16729--------------------------------------------------
Re: Monetary Wealth
DIR By: guest78
Date: November 28, 2022, 8:31 pm
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How Banks and Private Equity Cash In When Patients Can’t Pay
Their Medical Bills
--- Quote ---
> [...]As Americans are overwhelmed with medical bills, patient
financing is now a multibillion-dollar business, with private
equity and big banks lined up to cash in when patients and their
families can’t pay for care. By one estimate from research firm
IBISWorld, profit margins top 29% in the patient financing
industry, seven times what is considered a solid hospital
margin.
>
> Hospitals and other providers, which historically put their
patients in interest-free payment plans, have welcomed the
financing, signing contracts with lenders and enrolling patients
in financing plans with rosy promises about convenient bills and
easy payments.
>
> For patients, the payment plans often mean something more
ominous: yet more debt.
>
> Millions of people are paying interest on these plans, on top
of what they owe for medical or dental care, an investigation by
KHN and NPR shows. Even with lower rates than a traditional
credit card, the interest can add hundreds, even thousands of
dollars to medical bills and ratchet up financial strains when
patients are most vulnerable.[...]
--- End Quote ---
--- Quote ---
> “Hospitals have found yet another way to monetize our
illnesses and our need for medical help,” said Milcowitz, a
graphic designer. She was charged 11.5% interest — almost three
times what she paid for a separate bank loan. “It’s immoral,”
she said.
--- End Quote ---
--- Quote ---
> Debt Upon Debt
> Nationwide, about 50 million people — or 1 in 5 adults — are
on a financing plan to pay off a medical or dental bill,
according to a KFF poll conducted for this project. About a
quarter of those borrowers are paying interest, the poll found.
>
> Increasingly, those interest payments are going to financing
companies that promise hospitals they will collect more of their
medical bills in exchange for a cut.
--- End Quote ---
Entire article:
HTML https://khn.org/news/article/how-banks-and-private-equity-cash-in-when-patients-cant-pay-their-medical-bills/?utm_source=pocket-newtab
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