ktt is like the truman show where only one person actually takes the discussion seriously and the rest of us are just trolling his dumb ass lol
ktt is like the truman show where only one person actually takes the discussion seriously and the rest of us are just trolling his dumb ass lol
In a vacuum I actually agree with brehs.
Just that the practices don’t translate to real life
In a vacuum I actually agree with brehs.
Just that the practices don’t translate to real life
Yeah you're right finance and economy aren't interchangeable terms
what does he talk about
I only of him claiming systemic racism isn't a thing whilst not mentioning basic historical facts such as gentrification i'and the 70s - I stopped giving him any time of day right then and there
Maybe he has some credibility the US but over here no one rates him/recommends him so why would I bother.... (does he have anything of value to say? If yes? What are his theories that every student of economic studies must learn about?)
can you respond to the edit? You dodged the main question at hand which was... Which sowell theory is worthwhile for you?
this ktt2 s*** is pure comedy
@Synopsis 16 yr old alt makes a thread and then he realizes he's not getting enough intention so he comes in to sockpuppet his own thread.
what page did this turn to socialism argument
1
this ktt2 s*** is pure comedy
@Synopsis 16 yr old alt makes a thread and then he realizes he's not getting enough intention so he comes in to sockpuppet his own thread.
Not sure you know what an alt is bud...
"why doesnt this guy just lend me his money without anything to gain, this world is so unfair!"
Synopsis has birthed so many little comrades
Facts, I agree with this. I’d feel the same way if it was a thread around terrorism & somebody would say “idk ask the Muslims”.
this 2021 bro, the Abrahamic religions not gonna take no disrespect.
"this 2021 bro, the Abrahamic religions not gonna take no disrespect"
Dawg look at the planet y'all not being able to handle disrespect is half the issues on this b**** believe me we know
this ktt2 s*** is pure comedy
@Synopsis 16 yr old alt makes a thread and then he realizes he's not getting enough intention so he comes in to sockpuppet his own thread.
Faygo is def not an alt
Okay, why should risk be equal though?
Beyond “all humans are equal” type jazz, why should risk be equal?
It doesn’t have to be a perfect 50/50, but my point is there should be some better way to improve your conditions that doesn’t result in you literally gambling based off s*** you can’t control.
And the issue is, it’s not just you gambling at your own expense, someone is winning on the other side of that. There are things that you should be able to take calculated risks on, but it shouldn’t set you back no matter what because you had s***ty RNG because your parents had s***ty RNG and so on and so forth.
Everyone wants to work dude, or at least contribute. The problem is some people benefit way too much for exploiting other people’s situations. When you give someone no options, and their only choice is to either stay the same with no marginal improvements, or at some point, take a risk and it potentially be disastrous, imo that’s an issue that needs to be addressed.
Sorry if that was long winded or was convoluted, I’m tryna stay organized but I’m on my phone rn
Genuinely curious, you have any links or articles to show me? I'd be interested to read
dash.harvard.edu/bitstream/handle/1/41626986/25612880.pdf?sequence=1
everything else id have to get from scihub but you can just read the wiki on the topic lol
Thread is devolving into lame shots at Synopsis but I would genuinely like to know why there should be equal risk?
This is horrible logic. First of all they do not NEED the money. Who in their right mind is taking out loans for food and basics? Virtually no one. People take out loans on ventures or assets they believe will add EXCESS value to their lives.
Also recognize that virtually every institution or business out there has some outstanding debt. A loan does not mean you are impoverished. Aapl, the biggest company ever, has 200MM in outstanding debt, but they are in better financial shape than the vast majority of their creditors.
It’s simply a tool to allow more liquidity and leverage. Unfortunately most people do not understand it but that is irrelevant to it’s ‘intrinsic morality’. I will agree of course that predatory loan structures like the pre-2008 mortgages are cancerous but that is not representative of what debt/interest at large is.
Imagine being this out of touch and privileged god damn
https://www.pnas.org/content/117/1/251
https://dash.harvard.edu/bitstream/handle/1/41626986/25612880.pdf?sequence=1
everything else id have to get from scihub but you can just read the wiki on the topic lol
Aight bet, good looks
Oh now we turning it into a religious thread too
"it's a big cult! you can be in it!" - George Carlin
Synopsis has birthed so many little comrades
a lot of the comrades on this site have been socialists/communists waaaay before me so this aint true
Oh now we turning it into a religious thread too
you ever stop to think about why we have a male smiley with a fancy hat on and not a female one or a nonbinary person with a fancy hat smiley?
you ever stop to think about why we have a male smiley with a fancy hat on and not a female one or a nonbinary person with a fancy hat smiley?