Yes, it's also in my self interest to prevent someone who can work more cheaply than me from getting the job I want! So I should vote for a...
No, in a capitalist model, wealth is transferred from worse to better, in a socialist model it is transferred from better to worse. It beggars...
My point was that those who are implementing outsourcing are acting rationally by choosing lower paid workers regardless of race, i.e. they just...
On the contrary, wealth redistribution is largely CAPITALIST, not socialist. The market has been dynamically transferring wealth from those with...
Yes, but the essence of my question was why is it ok for people in the third world to live like that but not ok for Americans? The question needs...
It seems that 'patriotism' - or a particular interpretation of it, i.e. economically favouring people who share the same nationality as yourself -...
There is always going to be some kind of liquidity/systemic risk when a large player in the markets suddenly disappears. What happened at LTCM was...
No matter how complex a large bank's affairs are, if it's not risking depositors' money, the complexity is purely academic. It'll be up to the...
There are two fundamental flaws with your obesity analogy. Firstly, it is possible for a bank to be very large and also very well managed, i.e....
You're talking about a number of different things here: 1. Citi needed to be bailed out precisely because it was a deposit taking bank gambling...
In any decent society, banks are *always* too big to fail, no matter how small they actually are. Let's actually look at the underlying reason why...
WHY??? The eternal cry of the confused fundamentalist..
So, GS is predicting that the stock market will go up. What business is GS in exactly? Among other things, they like to flog tons of stock to...
And what happens on the other 1%? :)
What are we, traders or socialists? Panic driven contagions are what we WANT, right? That's how we, er, make money, right?
$2500? Well, it's cheaper than Scientology then!
Stop losses. If you're not getting anywhere with a girl, stop wasting your time and money.
No, no, NO! That's an immediate red flag. It's usually the worst systems ever that have a high proportion of winning trades.
I hope you're being sarcastic. This is a disaster waiting to happen. This system is clearly over optimised and will almost certainly lose money in...
The Fed's current "trickle down" (monetary) policy has nothing whatsoever to do with the hugely successful supply side/neo-liberal fiscal policy...
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