search results matching tag: Crashes

» channel: learn

go advanced with your query
Search took 0.003 seconds

    Videos (1000)     Sift Talk (46)     Blogs (219)     Comments (1000)   

Plane crashes in China with 132 people on board | USA TODAY

surfingyt says...

dont rule out foul play either. after the initial big drop, the plane leveled out and gained altitude but then proceeded to go vertical again till the crash.

newtboy said:

Reports I read said between the loss of control and impact was over 3 minutes of abject terror for all involved. Yikes!!!

*snuff?

BSR (Member Profile)

BSR (Member Profile)

Why I’m ALL-IN On Tesla Stock

vil says...

Yes but to converge the two sides have to acknowledge the arguments of the other side, unfortunately I am probably not arguing well enough and Im perfectly willing to just give up.

Anyway you seem to be able to research complicated topics well, you can read up about the history and end of the gold standard and about deflation for your own sake in your own time :-)

Fighting against fiat money, reserve banks, inflation and national debt is like fighting against democracy or free speech.
Sometimes democracy gives you Trump, sometimes free speech gives you porn (or worse, Fox news), sometimes the economy gets out of hand, but mostly these things work better than their alternatives and prevent or minimize crashes, based on the experience of the last 200 years. Every time someone thought better, they made things worse.

newtboy said:

No, the point of discussion to come to an understanding IMO, not to just argue.

Ummmm

CNN Confronts Biden Advisor on Ukraine

luxintenebris says...

thought it was gauche to self-promote videos. let alone posting a ménage à trois (or 3 f'n'ing ) videos as 'support'.

give it up comrade.

biden gots US infrastructure; hair hitler rewarded the rich w/tax cuts. if that's a joke, i don't get it.

just some other thoughts while here...

what if the 't' social site ̶r̶o̶l̶l̶ stumble out was dolt 45's doing? having all the red hats make it look like a real going - but they ended up crashing the servers themselves?

also s.o.p. regarding the logo. likely don jr. (or ilk) scrolled for 't' logos and ended up w/an active company's logo. someone gets paid to bilk the organization.*

'hit me w/a feather' forecast: the site goes down and money goes missing. wonder what vegas odds are on this?

just the idea that a notorious liar throws up a site labeled 'truth' makes one think of this famous phrase...

[roy cohen, fiction, and fear. history rhytms.]


*is the 'period' by the 't' suppose to throw us off?

C-note (Member Profile)

Surveillance video of Brightline crash

Why I’m ALL-IN On Tesla Stock

newtboy says...

A German mark had value….until it didn’t. Your opinion of “fiat money” isn’t universal by any stretch. You say it’s universally better. I wholeheartedly disagree, and point to Germany and Venezuela as proof. They aren’t outliers either, (looking at Africa).

Gold is useful and valuable. Digital footprints aren’t. Paper notes aren’t. Printed circuits, connectors, anti oxidation, actual physical money, jewelry, etc. gold has intrinsic value, a dollar bill has about 13210 joules, so its intrinsic worth is about 1 small 1 gram stick as kindling and little more….no matter if it’s a $1 or $500 bill or a check for billions. Again, see Germany, where bills were more valuable as firewood than money.

This deflation idea again. Give me 3 examples of deflation harming/ending a nation on the gold standard please, I’ve never heard of it happening. (Edit: as far as I can find, I’m no economics professor, for the most part the gold standard was abandoned worldwide in the early 1930’s and the last remnants removed in the early 70’s by Nixon)

Explain how unsecured notes guard against speculation….don’t just claim it. I don’t see it, people made a mint short selling Venezuelan (and other failed) dollars….speculating they would crash….they did. What?

GDP is the metric that imparts value to unsecured notes offered by countries.

I think you had a mini stroke, the paragraph starting USofA is a word salad with no meaning.

Name 3. I named Germany post ww1….they didn’t get to borrow or ignore their debts. What are you talking about?

So, the only ones that don’t/can’t borrow are all the ones that need to.

Pretending basing your dollar on Bitcoin is the same as basing it on gold is outrageous idiotic bullshit. Just nonsense. Utterly moronic and pure fantasy. Don’t try moving the goalposts, that’s what you said.

Yes, the fed will take gold. They don’t take Bitcoin, do they? How about shells? Pebbles?

Jesus, you just want to argue. You’re rambling, switching positions and going off on tangents.
It’s not about whether someone might accept it, it’s about whether it’s universally accepted at one value and about holding its accepted long term value. People once gladly accepted beanie babies as payment….stupid people.
Arcata Ca printed up Arcata dollars….you could get them cheap, businesses took them. Wanna put your nest egg into them? You say that’s good money, as good as dollars. I’ll sell them to you for gold, and let’s see who’s doing better in 10 years. Or I’ll sell you pebbles for gold. Any currency you want, I’ll sell you for gold. How’s that working with pebbles or shells? Can you buy currency with them?

It has everything to do with how much it’s worth. Stop jumping subjects because your point is failing to convince. An economy based on pebbles fails because their neighbors don’t value pebbles, but if their pebbles are gold, they succeed because gold is valued universally.

What are you talking about, the gold standard’s ability to keep up? Huh?! No keep up necessary, no slow down required, gold trades exactly as fast as everything else. What is this nonsense?!?

You mean you can’t overspend and go deep into debt?! And that’s bad?! In your opinion, not many economists….and what makes you think you can’t borrow against gold? Secured loans are easier and cheaper to come by. WHAT?!?

Yes, unsecured paper money can just be printed forever, you CAN “sell the universe”. (Or sell dollars who’s overall value is based on your country’s value) over and over, then print more and sell 9/10 again, print more, sell again. Eventually that money is worth less than it costs to print, and your creditors get paid off in dollars worth a tiny fraction of what they lent you. Not if it’s backed with gold.

Miracle cure?!? Quote it. I think you misread. Secured notes being better than unsecured notes is not “miracle cure” or perfection, it’s just measurably better, safer, and more stable. No system is perfect.

vil said:

A dollar has value if you can buy shit for a dollar.

Gold likewise has no exchange value if you cant exchange it for goods and services. Its rare and chemically stable and good for memorial coins, has many technical uses and looks cute, but otherwise it hardly matters what symbol for money you choose. There is 200 years of experience with fiat money and gold and silver standards and fiat money has been better, not just usually better or better in some scenario, universally better.

Symbolic money is practical and facilitates quicker turn around prevents deflation makes speculative runs on currency harder and smoothes the economic bumps in the road in general.

GDP is just a metric. Not a bad one but not the actual goal.

USofA is teh most developed. Should have used growing. Deflation in an economy that is growing kills growth.

Restarting countries not only get to ignore their debts, they immediatelly start borrowing again.

The only countries that dont borrow are countries no-one will lend to and countries so rich in some silly resource they can float high in the international currency system without borrowing. Borrowing is good for bussiness.

What is outrageous idiotic bullshit? Believing pegging the value of your paper note to some hoarded luxury makes it a better representation of the mean value of goods and services bought and sold? I could do without gold except for the jacks on my audio cables (just kidding). It does not matter what I exchange for food and gas, if it gets me food and gas, its good money.

Money is what you can pay taxes with. Do they take gold?

If you insist your dollar has the value of some weight of gold how does that influence the willingness of someone else to sell you shit? Unless they specifically intend to buy gold at a fixed price they dont care. They are going to use your dolar to buy some other shit from someone else. So if you take the actual currency out of the equation, when you decide on buying and selling shit you are intuitively comparing that decision with all the other decisions about buying and sellin that you know of. The currency is just a good way to count the measure of usefullness of a product or service and compare among many. Pebbles, bottletops, dollars, gold, pearls, all just a number.

A dollar could be backed by gold or it could not, this has zero impact on the transactions made. What matters is how many transactions are made, at what value, and how much money is available to the entire marketplace in a given period of time. Transactions quickly pass the ability of a gold standard to keep up. If you want a gold standard you have to slow transactions down because you dont have the money for them.

This is why markets need some regulation, otherwise someone might sell the universe twice and then default on one. But a gold standard, at least the type of gold standard I believe was talked about in this thread as a miracle cure, would be too limiting.

Why I’m ALL-IN On Tesla Stock

surfingyt says...

IMO they will raise rates. the economy will stall. they will be forced to increase purchases of equities and reduce rates (again). the fed will not let another 2008 happen however they will make the crash that much harder. the house of cards has been built for a long time over many administrations and its waay past the point of any attempt at recovery. delaying the pain will make the pain even worse but when it comes crashing down USD will be gone forever and alternatives (like metals and yes BTC) will reign. you will have time though as petrodollar is king at this point other nations will fall before us. make your time.

Why I’m ALL-IN On Tesla Stock

bobknight33 says...

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

StukaFox said:

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

New Rule: First Lady Barack Obama | Real Time (HBO)

newtboy says...

You are one of that (lowball) 5%.
Trump is one of those 5%ers.

Almost all republicans think Biden’s performance is head and shoulders above what they claimed they expected.
You said the economy would crash.
You said unemployment would explode.
You said China and Russia would overpower us and take over.
You said he would fold for Putin and Xi.
Not one of those things have happened….not in the real world, maybe in Republican delusions.

I ask you, do you think your predictions are better or worse than reality? (We know the truth, don’t bother lying).

Biden has undoubtedly done better than any Republican predicted, way better. That you all still answer that he’s doing worse only shows there are no honest Republicans. You set a low bar….so low he could crawl like a reptile and be above it, but he’s walking upright and capable of jumping, unlike the previous president who needs help on stairs, ramps, inclines, etc and burrowed deep under that same bar.

I think he’s doing about as well as can be expected considering the fractured, divided, crumbling, sick, eroding country the last president left him, better in some areas, worse in some. Since his only expectation by most was “beat Trump”, it’s utterly ridiculous to pretend he’s not already 100% successful. 😉

bobknight33 said:

@newtboy Are you 1 of those 5%ters who think Biden performance is better than expected? Talk about setting a low bar.

The Death Couloir - Mont Blanc

newtboy says...

Or not. Seems they’ll be covered in rocks naturally within days. Leave them. No SAR, you get to feed wildlife or become scenery. Just like Everest. A few bodies might make a good deterrent for anyone on the fence or over confident.

Reminds me of when I was in New Zealand. Our flight out of Milford was cancelled for low clouds, and some Japanese tourists took the plane sightseeing around Milford fjord. They crashed into the fjord, hundreds of meters deep. The family wanted to send robots to recover the bodies, but I couldn’t fathom (no pun intended) why. For a fraction of the cost the entire family could visit them in New Zealand every few years for eternity….no brainer!

I’ll never understand you humans.

StukaFox said:

No, I'm all in favor of Morons--

However, I'm not in favor of the amazing people in SAR putting their lives on the line to recover the smears lefts on rocks that used to be these people. Living in WA, we have a lot of "really wants to kill you" wilderness here, including North Cascades Nat'l Park and Olympic Nat'l Park. Every single year, someone's predated body needs to be pulled out of the middle of one of these places by either a helo crew or the poor bastards who have to hike a bazillion miles to pack out what's left of Chuckles.

The number of SAR people who've died here is sobering. Every single one of them could have just walked away, but they went into danger's way to save people too stupid to save themselves. Sometimes their reward is to be spit on, like the ranger at Yellowstone who was berated by the father of a kid who dived into a hot spring after his dog (by "kid", I mean adult kid, not Timmy). The father wanted his kid's body recovered, no matter what. The ranger had to explain that the kid completely dissolved about five minutes after he fell in. The father then refused to speak to the ranger any further.

This shit doesn't happen in a vacuum. Someone's going to have to look at these human bird droppings and see that shit in their sleep for the rest of their lives.

The Death Couloir - Mont Blanc

newtboy says...

No problem whatsoever with waivers. Are you worried that too many brain dead slugs will Darwin themselves? Why? Do you foresee some future shortage of morons?
The problem is trying to make everything safe for morons….how are we supposed to cull them if you remove ALL evolutionary pressures.
Idiocracy was a documentary from the near future.

Besides, if they’re dumb enough for all that, they’re dumb enough to know that if they can’t see the danger, the danger can’t see them, so just walk the cliff edge with your towel wrapped around your head, for safety.

If I want to risk my life climbing an active rock slide, that should be my and the recovery team my estate hires’s business. The idea that suicide is against the law is moronic to me….the only crime that is prosecuted only against those who fail at committing it. Suicide by overt stupidity or intentional high risk lifestyles not only doesn’t bother me, I fully support it as long as it doesn’t involuntarily endanger others.

BTW, the skier death doesn’t sound sad one bit to me, she died doing what she loved, and part of that love was undoubtedly of the danger level of skiing out of bounds, the rush of skiing with a 1000ft drop as the punishment for crashing (or stepping too far). I would think she probably really enjoyed 99% of her last day. Definitely the kind of horrific, quick death I hope for. Way better than prolonged disease or decline.

StukaFox said:

Therein lies the problem: most people HUGELY over-estimate their 'Acceptable risk level'.

- "This crumbling cliff edge above a 1,000 foot gorge is the PERFECT place for a selfie!" (one of the saddest deaths in WA was when one of the best skiers in the state decided to look over the edge of a cornice. It gave way and she fell almost a thousand feet to her death.)

- "100f and 0% humidity? What a perfect time to go for a 10 mile, uphill hike with only a can of Coke and some salty beef jerky!"

- "10 essentials? Beer, pot, lighter, cellphone, hat, earbuds, that little map they give you at the visitor center, more beer and is that 10?"

- "I can read a map just fine! This off-trail hike through a rugged part of the park will be breeze!"

- "I can get signal anywhere in this enormous national forest!"

- "Aww! What a cute little baby bear!"

- "Can we get an Uber at the bottom of this ravine?"

- "Let's go swimming! This raging river of snow melt will be the perfect place to cool off!"

etc etc etc

Meanwhile In Russia



Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists

Beggar's Canyon