by Bombadil » Mon Mar 09, 2020 6:56 pm
by Hiram Land » Mon Mar 09, 2020 6:58 pm
Слава Україні!
#KyrusiaSoTrue
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_____ Hiram Land _____
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by Waldoven » Mon Mar 09, 2020 7:00 pm
by Hiram Land » Mon Mar 09, 2020 7:01 pm
Waldoven wrote:Well, hopefully, this won't affect SpaceX and tesla or no Mars for you!
Слава Україні!
#KyrusiaSoTrue
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uwu
National Information
Unidas et Hyramalunde
Nationbuilder
Old Dispatches
Alternate: Hiramia-Omfew
_____ Hiram Land _____
Hyramas or Bust!
Thank you to Nanako Island for providing help for the signature.
Proud UFN member
RIP UNoE and UoJ
by Drongonia » Mon Mar 09, 2020 7:02 pm
The Republic of Drongonia
The MT powerhouse of Oceania. New Zealand but richer.
Overview | Political Parties | Our Leader | Defence Force Info | 9axes | Faces of Drongonia | Drongonia - The Man Behind the Spreadsheet
by Fartsniffage » Mon Mar 09, 2020 7:03 pm
by Hiram Land » Mon Mar 09, 2020 7:04 pm
Fartsniffage wrote:Just shut down the markets. You can't stop people trading in country clubs and the like but it would stabilise things until we know the outcome of the virus.
Nothing has really changed here except confidence. Microsoft still has all its infrastructure and people. Why should it be worth less today than two weeks ago? Stop the slide and wait until people calm down a bit.
Слава Україні!
#KyrusiaSoTrue
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uwu
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Unidas et Hyramalunde
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Old Dispatches
Alternate: Hiramia-Omfew
_____ Hiram Land _____
Hyramas or Bust!
Thank you to Nanako Island for providing help for the signature.
Proud UFN member
RIP UNoE and UoJ
by Bombadil » Mon Mar 09, 2020 7:05 pm
Drongonia wrote:I'll be investing in local companies that are currently experiencing dips such as Air New Zealand. Their shares in particular are at a 5 year low due to COVID-19 wreaking havoc with the airline industry, dropping by about 35% in 3 days. A tidy profit will be made when they eventually recover.
I personally only support companies I believe in myself, and being a repeat customer I think they're the best in the business (at least in this part of the world).
by Waldoven » Mon Mar 09, 2020 7:08 pm
by Hiram Land » Mon Mar 09, 2020 7:09 pm
Waldoven wrote:I feel like a lot of airlines will become bankrupt this year due to the lack of passengers. A lot of them were bankrupt last year so this year should be even worse thanks to the coronavirus.
Слава Україні!
#KyrusiaSoTrue
he/him
uwu
National Information
Unidas et Hyramalunde
Nationbuilder
Old Dispatches
Alternate: Hiramia-Omfew
_____ Hiram Land _____
Hyramas or Bust!
Thank you to Nanako Island for providing help for the signature.
Proud UFN member
RIP UNoE and UoJ
by Harkback Union » Mon Mar 09, 2020 7:12 pm
by Galloism » Mon Mar 09, 2020 7:18 pm
Lamenia wrote:Always glad to see the absurdly rich crash and burn.
by Farnhamia » Mon Mar 09, 2020 7:18 pm
Harkback Union wrote:Here is what a lot of people dont get:
THE STOCK MARKET IS A PYRAMID SCHEME!!!
Its also a casino.
Or a game of musical chairs.
People buy/sell stocks at increasing prices even though the value of the stocks (their returns) are not increasing nearly that much. This then attracts even more people to buy stocks because "LOOK, THE MARKETS ARE BOOMING!!! YAY!!! LETS INVEST!!!" and then every wannabe stock broker buys into companies they have no clue about and prices skyrocket and once ppl run out of money to spend and there is the slightest hint of a recession they start to sell, and then you get the exact opposite effect and suddenly everyone wants to sell AND THERE ARE NO BUYERS.
Its like you buy tulips for 1000$ thinking you can sell for more, and then nobody wants to buy your 1000$ tulip, except millions of people bought into the goddamn tulip.
Who win? Where did all the money people put into the market go? Those who shuffle the money got them in bonuses.
Who lose? Anyone with savings in a bank (They gambled your money away, but also they pay no interest on it because low fed rates). Anyone who pays taxes (cause your tax money will bail out the next dozen banks to fail). Also, anyone who will lose their job in the next couple years because of a completely needless recession.
I lost count of how many youtube ads I get about investing in stocks. Never do that. Ever. Its for suckers. Might as well go to the casino, you have better odds and you won't ruin other people's lives.
by Bombadil » Mon Mar 09, 2020 7:25 pm
by Kaystein » Mon Mar 09, 2020 7:43 pm
by Bombadil » Mon Mar 09, 2020 7:46 pm
by Galloism » Mon Mar 09, 2020 7:47 pm
by Saiwania » Mon Mar 09, 2020 7:50 pm
by Kaystein » Mon Mar 09, 2020 7:51 pm
by The Holy Therns » Mon Mar 09, 2020 7:52 pm
Gallade wrote:Love, cake, wine and banter. No greater meaning to life (〜^∇^)〜
Ethel mermania wrote:to therns is to transend the pettiness of the field of play into the field of dreams.
by Uiiop » Mon Mar 09, 2020 7:56 pm
Kaystein wrote:Here's a tip for the risk-taker: Buy bitcoin right now. It's price has dipped along with the market, and it's guaranteed to rise again in value after people can't mine for it anymore.
by Nobel Hobos 2 » Mon Mar 09, 2020 7:56 pm
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