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#speculative finance
system-architect · 22 days
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the gw3 concept hasnt even been greenlit yet calm your horses
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dailymarx · 1 year
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The perpetual fluctuation of prices completely deprives trade of its last vestige of morality... In this continuous up-and-down, everyone must seek to hit upon the most favourable moment for purchase and sale; everyone must become a speculator – that is to say, must reap where he has not sown; must enrich himself at the expense of others, must calculate on the misfortune of others, or let chance win for him.
Engels, 1844
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orcelito · 1 year
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They're gonna monitor meeee & also I'm gonna get adhd testing. Also I nearly just fell off my bike. Not used to having a basket
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ancientorigins · 2 years
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Tulipmania like bitcoin or dotcoms or housing was a crazy, very short era and some bulbs sold for over thirty times the yearly salary of say a carpenter. What happened, why, and how bad was it?
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dollfairy · 2 years
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find it very funny that everyone acts like it's this big rude taboo to talk about money, when really it's only frowned upon when you're talking about your OWN money (which is extra stupid since people talking about their own finances is the only time money talk can be productive??)
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judarist · 7 days
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Watching this report on Janet Y*llen recent trip and her deranged ramblings and its crazy how #that government will spend billions to stop the PRC from developing high end tech for the good of humanity bc it got itself into the mess that is deindustrialisation instead of working on themselves I JUST
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I don’t have the time or bandwidth to make an essay on this at the moment (not that it’s out of the question for the future), but I occasionally think about how the Awakening arc of BEN Drowned has a very strong anti-capitalist message. And it seems it was purely by accident lol
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upcomingtradera · 5 months
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Explore the shift from traditional investments to active trading, including the impact of media narratives and the rise of futures trading in finance.
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felixwylde · 6 months
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Can I hedgefund against the Tories?
How do hedge funds really operate, you might wonder? Well, it’s basically about investing in things that can cause a company to tank.Now, could a similar approach work on a struggling political party? Just a thought for anyone up for investigating. I think it might be possible to push them into financial ruin, but I’m not exactly a genius at figuring it all out.These folks in charge are a bunch…
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immaculatasknight · 1 year
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A dog's life
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BEIJING — China’s struggling real estate developers won’t be getting a major bailout, Chinese authorities have indicated, warning that those who “harm the interests of the masses” will be punished.
“For real estate companies that are seriously insolvent and have lost the ability to operate, those that must go bankrupt should go bankrupt, or be restructured, in accordance with the law and market principles,” Ni Hong, Minister of Housing and Urban-Rural Development, said at a press conference Saturday.
“Those who commit acts that harm the interests of the masses will be resolutely investigated and punished in accordance with the law,” he said. “They will be made to pay the due price.”
That’s according to a CNBC translation of his Mandarin-language remarks published in an official transcript of the press conference, held alongside China’s annual parliamentary meetings.
Ni’s comments come as major real estate developers from Evergrande to Country Garden have defaulted on their debt, while plunging new home sales have put future business into question.
In 2020, Beijing cracked down on developers’ high reliance on debt for growth in an attempt to clamp down on property market speculation. But many developers soon ran out of money to finish building apartments, which are typically sold to homebuyers in China ahead of completion. Some buyers stopped paying their mortgages in a boycott.
Authorities have since announced measures to provide some developers with financing. But the national stance on reducing the role of real estate in the economy hasn’t changed.
This year’s annual government gathering has emphasized the country’s focus on investing in and building up high-end manufacturing capabilities. In contrast, the leadership has not mentioned the massive real estate sector as much.
Real estate barely came up during a press conference focused on the economy last week, while Ni was speaking during a meeting that focused on “people’s livelihoods.”
Ni said authorities would promote housing sales and the development of affordable housing, while emphasizing the need to consider the longer term.
Near-term changes in the property sector have a significant impact on China’s overall economy.
Real estate was once about 25% of China’s GDP, when including related sectors such as construction. UBS analysts estimated late last year that property now accounts for about 22% of the economy.
Last week, Premier Li Qiang said in his government work report that in the year ahead, China would “move faster to foster a new development model for real estate.”
“We will scale up the building and supply of government-subsidized housing and improve the basic systems for commodity housing to meet people’s essential need for a home to live in and their different demands for better housing,” an English-language version of the report said.
next time you complain about how things are in America, consider that if you lived in some kind of scary communist country like China, you wouldn't even get to fund a bailout for the real estate company owners who ruined the economy like you can (whether you like it or not) in the good old US of A! 🇺🇲
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cosmicpuzzle · 1 month
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5th Lord in Houses- Where is your Positive Karma?
5th lord in 1st House: Positive karma with respect to one's body, appearance, self-esteem and confidence.
5th lord in 2nd House: Positive karma with respect to one's family, finances, money, languages and food.
5th lord in 3rd: Positive karma with respect to one's siblings, teammates, siblings, crafts, arts relatives and communication.
5th lord in 4th: Positive karma with respect to one's family, houses, vehicles, emotions, mind and mother.
5th lord in 5th: Positive karma with respect to one's love life, children, intelligence, speculation, investments, sports, arts.
5th lord in 6th: Positive karma with respect to one's health, coworkers, job, maternal uncles/aunts, distant cousins, doctors, service providers.
5th lord in 7th: Positive karma with respect to one's spouse, business partners, public, business partners, trade, contracts.
5th lord in 8th: Positive karma with respect to one's sexuality, research, spouse's wealth, inheritances, longevity, taxes.
5th lord in 9th: Positive karma with respect to higher education, gurus, mentors, foreigners, other cultures, children, grandchildren.
5th lord in 10th: Positive karma with respect to one's profession, public status, authority, leadership roles, spouse's family.
5th lord in 11th: Positive karma with respect to one's friends, network circle, gains, wealth, speculation, love life, communities.
5th lord in 12th: Positive karma with respect to foreign lands, spirituality, angels, sexuality, live in partners, losses, charity.
Note: Conjunction of other house lords like 6th, 8th or 12th lord may reduce beneficial results and placement/aspects of malefics means those things can come by in a difficult manner.
Example: Saturn as 6th lord in 5th house for Virgo rising may not mean positive karma with respect to love life or children because the nature of Saturn and 6th lord both can supersede the benefic results of 5th lord in 5th house.
For Readings DM
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medifiguy · 2 years
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adsvibeonline · 2 years
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filipevb · 2 years
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Cours du blé ces 10 dernières années scarifié sur amphore🏺🌾📈 - Session 2 : après une première cuisson biscuit (merci @katkatnova) j’ai ajouté 3 couches d’émail (cf. les derniers tests de @__azais__ et @calla.ceramics) ponçage et petit clean. . #wwy #speculation #blé #amphore #bourse #highfrequencytrading #financehautefrequence #stockmarket #dataart #datavisualization #digitalart #datafada #ceramics #finance #geopolitics #artnumerique #boulognebillancourt #filipevilasboas #callaceramics #artcontemporain #contemporaryart (à Boulogne-Billancourt, France) https://www.instagram.com/p/CewibKWLQcw/?igshid=NGJjMDIxMWI=
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yourtongzhihazel · 1 month
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Three pointers. The first is the nature of China's economy. The second is the framing of economic news on China. The final is the consequences of the dashing of political-economy into its constituent peices, specifically economics.
The PRC is a DOTP with a mixed planned and market economy. In the PRC, the state has final say on the matters of economy. As such, the foundational assumptions of bourgeois economics (e.g. invisible hand, anarchy of the market, etc.) do not apply to the same degree as it does in DOTB capitalist economies. The PRC has armies of technicians, economists, engineers, scientists, logisticians, programmers, etc. , etc. which meticulously plan and then fine tune the economy in order to achieve their desired outcome. Markets exist at the whims of the state. For example, real estate, which forms one foundational pillar in western economies, is being wiped out by state intervention as a market. It is being "reduced" merely to its use value, rather than a commodity for trading, speculation, and investment.
Western journals exist as an arm of the bourgeoisie whose goal is to construct and maintain capitalist superstructure; they have a strong bourgeois class character. Thus, the reporting of a DOTP mixed economy is framed with the language and ideas of the bourgeoisie. In this case, reuters sees falling commodity prices as a deflation crisis driven by the abarchy of the market, ignoring the fact that the manipulation of the market in such a way is intended as a part of the "common prosperity" goal.
Michael Parenti calls bourgeois economists the "high pirests of capitalism". Why? DOTB economies have been based largely on finance and debt for decades now; significantly removed from the material reality of the world. As such, bourgeois economics have also been shaped and curtailed to this reality. As such, economic theories are also removed from material reality. In effect, they run explantions for the effects of capitalism which only reinforce capitalist superstructure. Explanations which are as supernatural as that of a priest. Thus, bourgeois economics, which may explain the largely abstract mechanisms of a finance capital and debt based economic system, run into significant difficulties explaining the actions of a fundamentally material economic system.
SN:AZ40
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