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Business and Economics Discussion Thread

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Aureumterra
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Business and Economics Discussion Thread

Postby Aureumterra » Sun Sep 01, 2019 5:40 pm

Surprised we haven’t had one yet. This is a thread to discuss business and economics news, companies, stocks, etc. As of this thread’s creation, another global recession is supposedly going to happen, many companies are starting to go down like Tesla, Ulta, and more, and the trade war continues to rage between the US and its allies vs. the “Chinese Bloc.” Cryptocurrencies are showing some promises of rising up again, most notably Litecoin. Many countries are fast on the rise economically, notably in Eastern Europe and English Africa, and talks of an African economic union are going around. Please don’t come here just to talk about capitalism or how corrupt the system is or whatever, there are other threads to do that.
Last edited by Aureumterra on Sun Sep 01, 2019 6:03 pm, edited 1 time in total.
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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 5:41 pm

now THIS is my kind of thread

Recession is actually not as imminent as it seems, Dow Jones has been on the rise since last fall
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Postby Aclion » Sun Sep 01, 2019 5:51 pm

Time to buy soon. C:
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Kowani
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Postby Kowani » Sun Sep 01, 2019 5:56 pm

An African Economic Union? Is this related to the East African Union thing?
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Grand Proudhonia
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Postby Grand Proudhonia » Sun Sep 01, 2019 5:58 pm

This is definitely not going to collapse into another socialism vs capitalism thread lol
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Aureumterra
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Postby Aureumterra » Sun Sep 01, 2019 6:01 pm

Grand Proudhonia wrote:This is definitely not going to collapse into another socialism vs capitalism thread lol

I should probably add in the OP that this isn’t a place to rant about capitalism but to discuss economic news

Kowani wrote:An African Economic Union? Is this related to the East African Union thing?

No, it’s the AU, basically Africa’s version of the EU which supposedly has plans on adopting a continental currency like the Euro
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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 6:04 pm

Aureumterra wrote:
Grand Proudhonia wrote:This is definitely not going to collapse into another socialism vs capitalism thread lol

I should probably add in the OP that this isn’t a place to rant about capitalism but to discuss economic news

Kowani wrote:An African Economic Union? Is this related to the East African Union thing?

No, it’s the AU, basically Africa’s version of the EU which supposedly has plans on adopting a continental currency like the Euro

More specifically the planned Free Trade Agreement
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Grand Proudhonia
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Postby Grand Proudhonia » Sun Sep 01, 2019 6:05 pm

Aureumterra wrote:
Grand Proudhonia wrote:This is definitely not going to collapse into another socialism vs capitalism thread lol

I should probably add in the OP that this isn’t a place to rant about capitalism but to discuss economic news

Kowani wrote:An African Economic Union? Is this related to the East African Union thing?

No, it’s the AU, basically Africa’s version of the EU which supposedly has plans on adopting a continental currency like the Euro

Ehhh, its kinda hard for a lot people to discuss economic news without looking at some of the follies of capitalism.... This thread should honestly be titled Market Watch Thread as that seems to be the intent
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Kowani
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Postby Kowani » Sun Sep 01, 2019 6:05 pm

Aureumterra wrote:
Grand Proudhonia wrote:This is definitely not going to collapse into another socialism vs capitalism thread lol

I should probably add in the OP that this isn’t a place to rant about capitalism but to discuss economic news

Kowani wrote:An African Economic Union? Is this related to the East African Union thing?

No, it’s the AU, basically Africa’s version of the EU which supposedly has plans on adopting a continental currency like the Euro

I know what the AU is. I just didn’t think it had any power.

That continental currency is gonna be even harder to implement than the Euro...
Narcissistic (Hedonistic) Nihilist. Yes, I am edgy. I know.
Atheist and still proud of it. Spanish Expat.
Post-Capitalist, Post-Nationalist.
Rights are functionally just privileges society has deemed important.
Prydania wrote:
As a Canadian? I find Americans and their deep, deep distrust of the government to be fundamentally, critically, laughably flawed. I find some aspects of your country completely absurd. The distrust of anything remotely resembling authority is one. The gun problem that stems from that is another.

Seangoli wrote:You are spouting nonsensical drivel with no coherent thought, little logic, and at the end of it all just angry opining at the clouds based on a truly astonishly low level of knowledge or understanding of the subject matter.

0% Capitalism

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Grand Proudhonia
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Postby Grand Proudhonia » Sun Sep 01, 2019 6:06 pm

Steppe Khanate wrote:now THIS is my kind of thread

Recession is actually not as imminent as it seems, Dow Jones has been on the rise since last fall

The stock market is not and never will be an accurate predictor of the strength or weakness of the economy
The Mutualist Society of Grand Proudhonia
"Property Is Theft, Property Is Liberty"


If you have any questions about Mutualist Political Philosophy, feel free to send me a telegram!

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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 6:06 pm

Just a question for Europeans here, is it wise to invest in Europe based startups that may or may not come into conflict with Article 13 once it is fully implemented, if we’re going with the assumption that it is?
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Imbalistan
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Inoffensive Centrist Democracy

Postby Imbalistan » Sun Sep 01, 2019 6:06 pm

Ya like business and deal?

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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 6:09 pm

Grand Proudhonia wrote:
Steppe Khanate wrote:now THIS is my kind of thread

Recession is actually not as imminent as it seems, Dow Jones has been on the rise since last fall

The stock market is not and never will be an accurate predictor of the strength or weakness of the economy

Exactly, many people make that mistake, however, it does reflect the health of the economy to some extent. It’s really odd considering many times NASDAQ and Dow show completely opposite results, on particular days while their overall trend seems to always align.
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Grand Proudhonia
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Left-wing Utopia

Postby Grand Proudhonia » Sun Sep 01, 2019 6:10 pm

Steppe Khanate wrote:
Grand Proudhonia wrote:The stock market is not and never will be an accurate predictor of the strength or weakness of the economy

Exactly, many people make that mistake, however, it does reflect the health of the economy to some extent. It’s really odd considering many times NASDAQ and Dow show completely opposite results, on particular days while their overall trend seems to always align.

The stock market is operated on a basis of mass hysteria in my opinion which always leads to skewed results... The president can do so much as say a naughty word and the market could collapse
The Mutualist Society of Grand Proudhonia
"Property Is Theft, Property Is Liberty"


If you have any questions about Mutualist Political Philosophy, feel free to send me a telegram!

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Aureumterra
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Postby Aureumterra » Sun Sep 01, 2019 6:12 pm

Steppe Khanate wrote:Just a question for Europeans here, is it wise to invest in Europe based startups that may or may not come into conflict with Article 13 once it is fully implemented, if we’re going with the assumption that it is?

Really depends, but I wouldn’t worry about it too much.
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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 6:13 pm

Grand Proudhonia wrote:
Steppe Khanate wrote:Exactly, many people make that mistake, however, it does reflect the health of the economy to some extent. It’s really odd considering many times NASDAQ and Dow show completely opposite results, on particular days while their overall trend seems to always align.

The stock market is operated on a basis of mass hysteria in my opinion which always leads to skewed results... The president can do so much as say a naughty word and the market could collapse

How so?
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Kowani
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Democratic Socialists

Postby Kowani » Sun Sep 01, 2019 6:14 pm

Steppe Khanate wrote:
Grand Proudhonia wrote:The stock market is operated on a basis of mass hysteria in my opinion which always leads to skewed results... The president can do so much as say a naughty word and the market could collapse

How so?

The current President dropped the Dow 600 points with a tweet.
Narcissistic (Hedonistic) Nihilist. Yes, I am edgy. I know.
Atheist and still proud of it. Spanish Expat.
Post-Capitalist, Post-Nationalist.
Rights are functionally just privileges society has deemed important.
Prydania wrote:
As a Canadian? I find Americans and their deep, deep distrust of the government to be fundamentally, critically, laughably flawed. I find some aspects of your country completely absurd. The distrust of anything remotely resembling authority is one. The gun problem that stems from that is another.

Seangoli wrote:You are spouting nonsensical drivel with no coherent thought, little logic, and at the end of it all just angry opining at the clouds based on a truly astonishly low level of knowledge or understanding of the subject matter.

0% Capitalism

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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 6:16 pm

Kowani wrote:
Steppe Khanate wrote:How so?

The current President dropped the Dow 600 points with a tweet.

I know, but the economic collapse wouldn’t happen with a “naughty word” as mentioned. Anything related to politics can affect stocks, but never to the extent of collapse
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Grand Proudhonia
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Postby Grand Proudhonia » Sun Sep 01, 2019 6:16 pm

Steppe Khanate wrote:
Grand Proudhonia wrote:The stock market is operated on a basis of mass hysteria in my opinion which always leads to skewed results... The president can do so much as say a naughty word and the market could collapse

How so?

Its a bit of a hyperbole but sell offs occur more often than not due to world events more so than anything else.... and people always buy into what they think will be the next big thing which causes over inflated prices that lead to yet another sell off due to company failure or worse... or at least thats the way I see it... The stock market is a strange beast but you cant deny the role of mass hysteria
The Mutualist Society of Grand Proudhonia
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If you have any questions about Mutualist Political Philosophy, feel free to send me a telegram!

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Grand Proudhonia
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Left-wing Utopia

Postby Grand Proudhonia » Sun Sep 01, 2019 6:17 pm

Steppe Khanate wrote:
Kowani wrote:The current President dropped the Dow 600 points with a tweet.

I know, but the economic collapse wouldn’t happen with a “naughty word” as mentioned. Anything related to politics can affect stocks, but never to the extent of collapse

Like I said, hyperbole lol
The Mutualist Society of Grand Proudhonia
"Property Is Theft, Property Is Liberty"


If you have any questions about Mutualist Political Philosophy, feel free to send me a telegram!

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Steppe Khanate
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Postby Steppe Khanate » Sun Sep 01, 2019 6:19 pm

Grand Proudhonia wrote:
Steppe Khanate wrote:How so?

Its a bit of a hyperbole but sell offs occur more often than not due to world events more so than anything else.... and people always buy into what they think will be the next big thing which causes over inflated prices that lead to yet another sell off due to company failure or worse... or at least thats the way I see it... The stock market is a strange beast but you cant deny the role of mass hysteria

You definitely can’t, but the stock market is much better than what it was even a decade ago on the topic of mass hysteria. If it truly was based on mass hysteria, all of Elon Musk’s enterprises would be dead by now
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Aureumterra
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Founded: Oct 25, 2017
Iron Fist Consumerists

Postby Aureumterra » Sun Sep 01, 2019 6:21 pm

Steppe Khanate wrote:
Grand Proudhonia wrote:Its a bit of a hyperbole but sell offs occur more often than not due to world events more so than anything else.... and people always buy into what they think will be the next big thing which causes over inflated prices that lead to yet another sell off due to company failure or worse... or at least thats the way I see it... The stock market is a strange beast but you cant deny the role of mass hysteria

You definitely can’t, but the stock market is much better than what it was even a decade ago on the topic of mass hysteria. If it truly was based on mass hysteria, all of Elon Musk’s enterprises would be dead by now

Tesla is basically dead
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Steppe Khanate
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Founded: Apr 16, 2018
Corporate Police State

Postby Steppe Khanate » Sun Sep 01, 2019 6:21 pm

Aureumterra wrote:
Steppe Khanate wrote:You definitely can’t, but the stock market is much better than what it was even a decade ago on the topic of mass hysteria. If it truly was based on mass hysteria, all of Elon Musk’s enterprises would be dead by now

Tesla is basically dead

-Every market analyst since 2010
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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Aureumterra
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Founded: Oct 25, 2017
Iron Fist Consumerists

Postby Aureumterra » Sun Sep 01, 2019 6:22 pm

Steppe Khanate wrote:
Aureumterra wrote:Tesla is basically dead

-Every market analyst since 2010

tbf this time it seems more real than ever, investors are leaving Tesla fast
Last edited by Aureumterra on Sun Sep 01, 2019 6:22 pm, edited 1 time in total.
♔-Put this in your sig if you’re a Monarchy/Empire
Global Politics Roleplay!
Pro: Trump, MAGA, Capitalism, Gender Equality, MAGA 2020
Anti: Democrats, 3rd wave feminism, Racism, Socialism, ANTIFA
Icelandic Nationalist and proud
I’m your average Íslandic NS player (yes, I live in Ísland, and it’s NOT called Iceland)
I DO NOT USE NS STATS!
A 12 civilization, according to this index.
Kragholm Free States wrote:oooh daddy hitler I've been a naughty little untermensch gas me harder

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Steppe Khanate
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Founded: Apr 16, 2018
Corporate Police State

Postby Steppe Khanate » Sun Sep 01, 2019 6:24 pm

Aureumterra wrote:
Steppe Khanate wrote:-Every market analyst since 2010

tbf this time it seems more real than ever, investors are leaving Tesla fast

ehhhh… really depends on how you view it
The Steppe Khanate| Степпе Кhанате | תטעפּפּע כּהאַנאַטע
WE ARE NOT AN ISLAMIC NATION, IN OUR TIMELINE, THE TURKS NEVER CAME
Not Mongol, but a mix of all Steppe cultures
This is my 3rd nation, I used to be Jupcount a year ago, but it ceased to exist due to inactivity
I KNOW HOW TO PLAY NS AND RP, I’M NOT NEW TO THIS
Steppe News Network|Dushenger loses T. Council Seat to Uralistan newcomer Feshnork Errgosh|Khan Appoints new Attorney General, Dr. Shgon Khemesh|Khan signs royal decree to reduce heavy taxes in the Ulanbaatar City District

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