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#71
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Looks great. | |||
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#72
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Your goal will never be achieved though because your criteria are so nebulous. "We could do the thing where everything is good for everybody". That will never be the case, that is called utopia and it is not attainable; it's a fantasy. The soviet union tried it, china tried it, venezuela tried it, cuba tried it and the list goes on and on. There's a reason the world's poor are scrambling to come to the US though, because it's the closest we've ever gotten to good conditions for the largest number of people. | |||
Last edited by douglas1999; 12-15-2020 at 01:56 AM..
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#73
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![]() It doesnt. It works, but it works best for those with money.
Did you know you're not even ALLOWED to be an accredited investor if you dont make 200k a year. Because too many poor people owning stock and businesses can crash the economy for the rich people... They are the only ones privileged to crash the economy and make big investments. They are allowed to bet the farm. You're not. | ||
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#74
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The AI standard applies to private funds and private stocks. And the reason it exists is that the SEC wants to ensure people with less money are more protected so that they don’t go out and buy into higher risk situations. The idea is that someone below the AI threshold is 1. Less financially able to bear the risk of the loss of their investment and 2. Potentially less sophisticated from a financial knowledge standpoint and therefore might not be able to fully analyze the investment and it’s risks. The AI standard isn’t some scheme by the rich to keep themselves as the only people able to buy private stocks and funds...trust me; as an example, the rich want as many people as possible to be able to buy shares in their hedge funds haha | |||
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#75
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![]() Remember movies about the black life in the hood the older characters were like, "my generation didn't bring guns, we used our hands"
But now all the whites in good neighborhoods this generation are like, "if you dont bring guns you dont deserve hands" | ||
Last edited by Jibartik; 12-15-2020 at 02:20 AM..
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#76
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![]() Cause the people who crashed the economy every other time were so smart and protected america and themselves from ruin, right? People with more money are allowed to be less protected, invest more, and get a bigger return. Always keeping them ahead of those making less. In the end, who always wins?
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#77
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![]() Once you see how stupid the human race is and how pointless all of their concerns are and have always been, you realize that the titans of the world are the biggest losers thinking that it all mattered, and the folks that stayed at home and enjoyed their favorite video game were the real winners.
Food for thought. | ||
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#78
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![]() Bank with infinite liquidity which cannot fail = aristocracy
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#79
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Communism is effective at quickly industrialising and raising living standards in a nation, but America is far beyond that being useful. People enjoy consumerism, they just want to ensure their dignity and basic needs are protected. It’s not so different to why gun ownership is popular. | |||
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#80
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