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Thread: Economy and Finance Thread
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August 20, 2021, 02:49 PM #201
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August 20, 2021, 03:02 PM #202
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August 20, 2021, 04:10 PM #203
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August 20, 2021, 04:38 PM #204
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August 20, 2021, 04:38 PM #205
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Re: Economy and Finance Thread
Smartest thing I have heard in a long time
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August 20, 2021, 07:33 PM #206
Economy and Finance Thread
I
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August 21, 2021, 04:57 PM #207
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Re: Economy and Finance Thread
Nothing like wasting money on wars and arms and arming the adversaries with your own weapons...
Taliban celebrate their new US arsenal: Rifles, Humvees, ammo - CNNPolitics
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August 21, 2021, 05:18 PM #208
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August 21, 2021, 05:31 PM #209
Re: Economy and Finance Thread
See, I told you guys that this thread could not exist without Politics. We all need to pray that the White Hats turn this mess around or we can all kiss our money and economy goodbye.
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August 21, 2021, 07:26 PM #210
Re: Economy and Finance Thread
What mess ? its all going according to plan ..... !
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August 21, 2021, 07:56 PM #211
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August 21, 2021, 08:28 PM #212
Re: Economy and Finance Thread
Gold???
Jock
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August 22, 2021, 02:34 PM #213
Re: Economy and Finance Thread
Gold doesn't bring water (rain). It's useless. Water brings forests, irrigates food crops, vineyards, saves lives, children, men and women. Water is life. Invest in water supplies, regenerating potable water, clean water, contaminant-free.
EXPLAINER: Western states face first federal water cuts
Pure gold, 24karats, 💎 diamonds, guns have no properties in saving the planet. ...Just the total opposite ... destruction, wars, etc. ...Bad investments, not good for a sane, safe, healthy and prosperous economy ... just like make-ups and mascara products (oil and animals based); bad for the face, bad for the oceans, for the 🐳 whales.
Nuclear fusion; that's one spot to invest for a better economy. IMO ... calculated opinion.~ Bob ~
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August 22, 2021, 07:12 PM #214
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Re: Economy and Finance Thread
This bit of news/update made me laugh. Space suits were not a problem in 1969 but NASA needed 14 years to design them this time around and still not done? Hmm…
NASA Wants To Return To The Moon By 2024, But The Spacesuits Won't Be Ready | 90.1 FM WABE
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August 22, 2021, 07:55 PM #215
Re: Economy and Finance Thread
I like this article same subject. A little more detail as why they need to spend up to a billion dollars on new suits. Current spacesuits won’t cut it on the moon. So NASA made new ones. | MIT Technology Review2chl : Vincent Sp331MkII, W4S STP-SE Stage 2, Kef 201/2, KEF 140, Vapor Breeze, Lumin, Bryston CD, BHA-1, Quicksilver Headamp, HD650, HD800s, HD820's, Dan Clark 1.1, Focal Stellia, OPPO 203, 105. ( Boxed up: Pass Xa-30.5, VPI Classic, Dynavector DV-20XL, Manley Chinook, Cadenza Bronze)
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August 22, 2021, 08:30 PM #216
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Re: Economy and Finance Thread
Sure, it is a serious project but 14 years??? Give me a break! Take a look at how things developed for Apollo 11 mission in 1969. 50 Years Ago: Apollo 11 Preparations | NASA
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August 24, 2021, 08:19 AM #217
Re: Economy and Finance Thread
2chl : Vincent Sp331MkII, W4S STP-SE Stage 2, Kef 201/2, KEF 140, Vapor Breeze, Lumin, Bryston CD, BHA-1, Quicksilver Headamp, HD650, HD800s, HD820's, Dan Clark 1.1, Focal Stellia, OPPO 203, 105. ( Boxed up: Pass Xa-30.5, VPI Classic, Dynavector DV-20XL, Manley Chinook, Cadenza Bronze)
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August 24, 2021, 10:10 AM #218
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Re: Economy and Finance Thread
Well, believe it or not... Only recently have the "radiation levels" on the Moon been actually measured. The Chinese had to do it with their lunar probe Chang E4 in 2019. It wasn't good news. The radiation is 3 times the level of the dose experienced on the ISS in low orbit and 200 times the amount of surface radiation on Earth. Again, wasn't a problem in 1969 supposedly but a few days is not exactly a prolonged stay as they are planning this time around. To stay on the surface of the Moon is to dig deep and stay protected.
First measurements of the radiation dose on the lunar surface | Science Advances
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September 28, 2021, 10:41 AM #219
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Re: Economy and Finance Thread
If Lehman Brothers was the trigger for the financial collapse and worldwide ripples with their $3 Billion bad debt back in '08, I would imagine the Chinese Evergrande with their $300 Billion default will also have an impact this time around. There are over 100 banks and various funds that are directly connected to the Chinese corporate titan. China has many tricks up its sleeve and the impact will be much softer internally but in the mean time, the US Bonds of Evergrande are selling at 30 cents on the dollar...
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September 28, 2021, 11:02 AM #220
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Re: Economy and Finance Thread
Evergrande's 15 residential blocks worth of buildings that sat unfinished for over 8 years are demolished... Poof goes investor's money...
https://twitter.com/Ian_Fraser/statu...de%2F100472190
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September 28, 2021, 11:22 AM #221
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Re: Economy and Finance Thread
While on the topic.. Didn't think it was even possible to make such brittle steel. That has to be some kind of talent?
Learned a new term.. TOFU-DREG.
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September 28, 2021, 11:32 AM #222
Re: Economy and Finance Thread
Or even check out Vegas. So many, "LOTS", never opened or got to a construction completion stage. Hate to use Wikipedia but List of Las Vegas casinos that never opened - Wikipedia
2chl : Vincent Sp331MkII, W4S STP-SE Stage 2, Kef 201/2, KEF 140, Vapor Breeze, Lumin, Bryston CD, BHA-1, Quicksilver Headamp, HD650, HD800s, HD820's, Dan Clark 1.1, Focal Stellia, OPPO 203, 105. ( Boxed up: Pass Xa-30.5, VPI Classic, Dynavector DV-20XL, Manley Chinook, Cadenza Bronze)
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September 28, 2021, 11:44 AM #223
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September 28, 2021, 12:29 PM #224
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Re: Economy and Finance Thread
A 1400 year old bridge still stands yet China lost 37 new bridges within 5 years. They definitely don't build like they used to...
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September 28, 2021, 08:54 PM #225
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Re: Economy and Finance Thread
China's massive power outages are leaving many factories closed and is threatening global supply chain. Europe is also experiencing tight energy supply...
Prepare for some empty shelves in 3,2,1... ?
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September 29, 2021, 10:20 AM #226
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October 29, 2021, 06:49 PM #227
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Re: Economy and Finance Thread
This is starting to sting the average Joe more painfully than usual... (quotes from a few various sources)
Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income, the Commerce Department reported Friday.
Headline price pressures as gauged by the personal consumption expenditures price index including food and energy increased 0.3% for the month, pushing the year-over-year gain to 4.4%. That’s the fastest pace since January 1991.
Stripping out food and energy costs, inflation rose 0.2% for the month, in line with the Dow Jones estimate, and 3.6% for the 12-month period, unchanged from August but good for the highest since May 1991.
The headline inflation rate was pushed by a 24.9% increase in energy costs and a 4.1% gain in food. Services inflation rose 6.4% on the year while goods increased 5.9%.
The inflation and income numbers come as the Fed is grappling with the specter of higher prices and lower growth. Gross domestic product increased at just a 2% annualized pace in the third quarter, the slowest since the recovery began off a recession that ended in April 2020.
You’re not imagining things. The price of gas is getting absurd. Unfortunately, it’s going to go even higher before things get better—and there’s no telling where the ceiling might be.
The national average for a gallon of regular unleaded stands at $3.27, according to AAA. That’s $1.09 more than a year ago, when most people were long past the stay-at-home orders of the pandemic. And it’s a 10-cent increase over a month ago.
With food prices surging, many Americans have found their household budgets upended, forcing difficult choices at the supermarket and putting new demands on programs intended to help.
Food banks and pantries, too, are struggling with the increase in costs, substituting or pulling the most expensive products, like beef, from offerings. What’s more, donations of food are down, even as the number of people seeking help remains elevated.
Even well-off Americans have noticed that many items are commanding higher prices, but they can still manage. It’s different for people with limited means.
Prices of meat, poultry, fish and eggs in U.S. cities are up 15 percent since the start of 2020, according to the Bureau of Labor Statistics.
The run-up in costs at the supermarket comes even as gasoline prices have risen and natural gas and heating oil prices are predicted to be higher this winter, putting further pressure on those with low incomes.
In addition, the mammoth assistance programs rolled out by the federal government in response to the pandemic in 2020 have largely lapsed. While some households built up savings from government payments, others have little room for extra expenses.
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The AudioShark forum was created for sharing the passion of high-end Audio. We have Audiophiles from all over the world participating and sharing their knowledge. From novice to experts, you will find a friendly environment for discussing about High End Audio, Stereo System, Home Theater System, Home Stereo System, Home Theater Installation, Amplifiers, Speakers, Subwoofers, Integrated System, Acoustic treatments & Digital Room Corrections and many more.
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