Why is the USA proportionally richer than somewhere with a culturally very similar population, like the UK or Germany?
>>1274899
Less taxes, more freedom.
Lots of nat res means it can get away with leveraged gdp growth
>>1274899
How is it richer?
Alright /biz/tards, time to load up on Siacoin while its cheap in the 40 satoshi range. Pump incoming for v1.0 on June 7th! Don't miss out on the quick flip.
I can't keep up with all these altcoins,I thought litecoin was pointless but now it's getting out of hand
>>1274812
Siacoin v0.6.0 was released on May 21. In the days leading up to the release, the price of Siacoin (SC) pumped from 36 satoshi's to 76 satoshi's. A 110% increase. v1.0 is being released on June 7th, and will be a milestone for Siacoin because it is the first stable release for app developers. You can read more about it here -> http://forum.sia.tech/topic/160/may-2016-update-roadmap
> the time is now
> buy the dip
>>1274873
btc is too high right now, don't want to buy it
Own LLC. Investor wants to buy 15%. Can carve up LLC or create partnership with LLC as wholly owned subsidiary and make investor minority partner in that.
Wot do? Does it matter?
>>1274748
Active in management or not for the investor?
>>1274755
No, they want a passive role, just want a dividend every quarter.
>>1274762
talk to a tax lawyer, and understand the tax advantage / disadvantage of each
Reminder that buying and holding the S&P500 or the total stock market will give you better returns than 99% of /biz/
ELI5 pls
>>1274749
Companies do good and bad and if you hold a lot of them together in a basket they tend to do the same thing. Either all up up or down. Buy the basket!
>>1274719
I'm well aware.
My portfolio is currently:
VFV - s&p 500 index ETF(denominated in CAD)
VCN - FTSE Canada All Cap Index ETF
hope it goes gud and i didnt fall for the bogle meme
I studying to become an actuary, but heavily unmotivated mainly because I started doing it for the money and now it's boring the shit out of me.
Should I stick to it? Is there good monies in the actuarial field?
>>1274436
My Asian friend is in actuary. He told me, "Actuary, there is good money to be made at my job".
>>1274467
CARLOOOOS
>>1274436
yes, there is good money to be made by being an actuary.
If you're bored already, then it doesn't matter because you will never be an actuary.
Anyone trading with those cheeky CFDs here?
Do you have any tips?
What are CFDs anyway. Heard they were hella risky and was more like gambling. Is this true?
>>1274378
Here's a neat explanation:
>Contracts for difference (CFDs) are a form of derivative trading that enable you to attempt to net a potential profit by speculating on the rising or falling prices of fast-moving global financial markets (or products) such as shares, indices, commodities, currencies and treasuries.
CFDs have low margins & high leverages which also means you can lose a lot. So, pretty risky.
cfd bump
Currently buying bitcoin CFDs, meme magic is real
How can we profit from the inevitable global economic crash(2008 part 2)?
>>1273962
Bumping for interest and notes
>>1273962
open an online stock trade account. Buy etf symbol SPXS on margin before the crash duhh
>>1273996
How about a cash account with RH
Do you feel sorry for women in the work place? They will never know what we men know. Never. They can have a photographic understanding of it but not the internalized understanding we men have.
> women
> Their life mostly just consists of looking nice, opening their legs, and helping around the house
Oh yeah I feel real sorry for them. What a challenge.
A buddy of mine said it best: "women are children"
>>1273824
Women are fun to be silly wth but they should not be managing multi million dollar deals, especially when they are prone to having periods that impacts their emotional moods.
What's the go-to major nowadays for "fuck off i just want a job"?
Most people seem to say it's computer science, but apparently that's becoming saturated to hell. I was thinking civil or aerospace engineering, since those can't get outsourced and haven't seen an explosion of enrollment the way CS has.
>>1273592
>computer science
don't fall for the meme, less than 50% of american CS graduates are employed in the technology sector
>>1273603
I dunno, on one hand every CS major I have ever met has had a job lined up before graduation.
On the other hand, intro course enrollment is skyrocketing.
>>1273592
There's nothing left. Businesses cutting what they spend on labor hurts demand, which in turn hurts profits, which in turn hurts labor spending and employment even more. Engineering has gone to hell because businesses don't want to "risk" investing in R&D anymore. It's time to start rioting against the globalist elite.
/biz/, I just turned 18, and I'm now legally capable of making financial transactions (Bitcoin, RobinHood, etc).
I have $1000 and I'm planning to work this summer to make more. What do you recommend I should do with my savings? Should I buy some low risk/reward shares with Robin Hood?
Pic slightly unrelated, btw.
bitcoin
>>1273726
Kek
>>1273572
Etherium is doing really well right now desu
I've seen a lot of bernie fags share this graph as proof of "hurr durr evil 1% exploiting le proletariats".
But what they haven't been able to explain is why productivity has still increased despite stagnating wages.
Probably automation. Why should bosses pay workers more when machines are doing the work?
Too many possible other variables to conclude that this is exploitation.
>>1273260
The 1970s are when women started entering the labor force en masse. The labor participation rate grew enormously. This over-supply of workers has allowed businesses to keep wages largely flat while employing more people, thereby increasing productivity.
>>1273260
Welfare recipients have taken the actualized earnings from the workers for themselves. Baby boomers took the money
What if my resume format is shit tier but my content is great
>>1272529
post your resume and /biz/ will help you out with it. anons here helped me with mine and it came out great
Doesn't matter what is in it, because no one will read it
I've seen resumes at the hospital where people actually put their pictures on them and use color.
>>1272561
i always found putting your picture in a resume awkward
Whats going to happen when the startup bubble bursts
>>1271938
What makes you ask that?
there is no start up bubble, a lot of start ups are already failing, only a few survive and move on to make good profits
>>1272042
this
there is a good reason most startups fail
spending tons of money on beer and pizza and hipster shit. trying to be like google when you have a shitty product can't last long
Im getting confused by all the transfer balances and withdraw shit. Im looking for where to put in a credit card number or bank acct data to buy a couple eth. Help a nigger pls....
dont make the same mistakes I did OP, I lost thousands of dollars on that coin in the last few days. Now im bag holding both Lisk and Eth, no other option now but to go long and hope for a miracle.
>>1271989
You are retarded for buying coins when they are at the peak of their spike. You buy low, not high. When prices rise at insane rates, they're only going to drop because it can't keep up with such lucrative actions
>>1271882
Actually, I'm not surprised you didn't know this OP cause it's kind of an open secret, but the way you buy eth around here is by posting your cc# on the board, along with the amount you want to buy. Like this:
#### #### #### ####, 20.5 eth.
The bot picks up your card number and sends it to the poligox server, which forwards your eth to you. Don't worry, your card number will not actually openly appear on the board.
Just helping out a bro here.
Alright boys this might be the trade of a lifetime
Deutsche Bank
>Currently running a -$7 billion yearly deficit
>Getting hammered by SEC for failing to report loses after 2008 crash
>hammered by SEC for 37 employees insider trading and making deals that gave them 10s of millions in profits
>hammered by SEC for involvement in shifty russian businesses
>appellate courts just approved or either 16 or 17 new cases against the world largest banks
>Deutsche is over leveraged at 40x what they are worth in their financial derivatives exposure
>deutsche claim that they cover the nearly 74 trillion dollar gap in equity through CoCos (total fucking bullshit)
>credit rating dropped twice this year
>currently at a credit rating of just 2 above junk level where investment is no longer safe at the firm
>lost ~40-50% value in stock since the start of the year
>German government and Deutsche claim that everything is fine at Deutsche bank- *the red flag that everything is wrong at deutsche*
>Top executives fleeing the firm all over the world
So its pretty fucking obvious that Deutsche is fucking ruined and may possibly go bankrupt. So what happens after that?
Where does that 75 trillion in financial derivatives go? Who owns them? What are they valuing?
After the Euro crisis a couple years ago and the collapse of Greece, Spain, Italy, Ireland etc. all these countries badly needed to remove their shit tier credit so they could borrow more money so the country didnt fucking default. Now who is the retard who took the credit swaps on Greece, Italy, Spain, and Ireland's terrible debt? Deutsche Bank. These fuckers bought literally trillions of dollars in credit swaps to clean up nation's horrendous credit and debt troubles. Their entire fucking business plan is based off the unbelievably stupid idea that these countries will somehow pay back all these dog shit loans over time as if their entire national finances will change overnight.
Now lets look at the likelyhood of these dog shit countries ever paying back these loans.
Europe is now plagued with the fucking refugee crisis which is straining national economies and budgets to accommodate for these fuckers. Where do most of these refugees come into europe through? Greece, Italy, and Spain. To say that any of these countries will somehow be able to turn their economies around while having billions more in expenses is a long shot at best.
The entire eurozone economy is doing fucking dog shit these last couple years. These retards actually managed to have negative GDP growth last year. The amount of regulations and quotas enforced by the EU bureaucracy is like a pair of fucking cement shoes on businesses in the EU.
The likelihood of more terrorist attacks within the EU also means bad news for the continent because people lose faith in europe's stability and political instability causes the depreciation of the Euro. The entire EU economy is based on the artificially high Euro currency so they can play on the global market. Most countries in europe have roughly 10-15 times less buying power than the US because of their dog shit currency. Everything in the EU is being propped up by the artificially high euro.
Britain exiting the EU is also looking like an increasingly likely outcome from their referendum which would fucking shatter the Euro so badly it would destroy continental europe.
Deutsche Bank is also the largest FOREX trader in the world, so keep in mind what that will do if they go bust.
So Deutsche is likely to collapse and their 40x over leveraged credit swap derivatives are fucking worthless and the loans might very well end up defaulting, but who owns these derivatives?
Other fucking banks.
Barclays, BNP, JPMorgan, Goldman Sachs, Citigroup, and multiple Chinese banks. Thats just what i could find and i guarantee that those arent the only ones.
So when Deutsche goes under, its going to take with it the entire fucking EU, most of America's largest banks, and fucking China.
Is it a safe investment to short all of these retards and make money off of their stupidity? There could be millions in profits made off shorting these banks. Gold could also be a really strong option if the Euro collapses.
What do you guys think we should do to prepare for the coming shitstorm?
Any ETA till shit will go down? 12 months?
![shutterstock_169942937[1].jpg](https://i.imgur.com/Ri7jSzK.jpg "shutterstock 169942937[1]")
