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Author
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Topic: The Changing World Order
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Re: capital gains
We already know that Phat thinks it is ok to cheat on taxes.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 41 by Tanypteryx, posted 11-27-2022 11:39 PM | | Tanypteryx has not replied |
| Replies to this message: | | | Message 44 by Phat, posted 11-28-2022 11:16 AM | | Theodoric has replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 43 of 302 (902870)
11-28-2022 9:45 AM
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Reply to: Message 38 by Phat
11-27-2022 8:43 PM
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Re: Phat's adoration of the wealthy continues
Then how do you know anything about investing in gold?
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 38 by Phat, posted 11-27-2022 8:43 PM | | Phat has replied |
| Replies to this message: | | | Message 45 by Phat, posted 11-28-2022 11:18 AM | | Theodoric has replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 56 of 302 (902890)
11-28-2022 12:20 PM
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Reply to: Message 45 by Phat
11-28-2022 11:18 AM
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Re: Phat's adoration of the wealthy continues
Because I invest on stocks and know people that have invested in commodities. It is not my expertise that is why I use a professional financial planner. We are doing quite well.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 45 by Phat, posted 11-28-2022 11:18 AM | | Phat has seen this message but not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 58 of 302 (902892)
11-28-2022 12:24 PM
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Reply to: Message 51 by Phat
11-28-2022 11:50 AM
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Re: Phat's adoration of the wealthy continues
There are many differences. There is not one thing. Economics is an extremely complex issue, but you need a simple answer for everything Do you know what debt levels were then compared to now? Is our debt the highest now? Do you know debt vs defecir?
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 51 by Phat, posted 11-28-2022 11:50 AM | | Phat has seen this message but not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 59 of 302 (902893)
11-28-2022 12:26 PM
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Reply to: Message 50 by Phat
11-28-2022 11:44 AM
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Re: Phat's adoration of the wealthy continues
Yeah it is and we don't discuss videos. Read the book bring his arguments. I have already shown this dude is out of his league. A good investor does not make an economist.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 50 by Phat, posted 11-28-2022 11:44 AM | | Phat has seen this message but not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 60 of 302 (902894)
11-28-2022 12:28 PM
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Reply to: Message 48 by Taq
11-28-2022 11:32 AM
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Re: Back On Topic...Sort Of...
He has no idea. He a read a blurb on a book jacketed thinks he found the answer to all economic problems.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 48 by Taq, posted 11-28-2022 11:32 AM | | Taq has not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 61 of 302 (902895)
11-28-2022 12:30 PM
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Reply to: Message 44 by Phat
11-28-2022 11:16 AM
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Re: Back On Topic?
You advocated it earlier on this thread when you said keep transactions under 3k. Still taxable just makes it easier not to claim.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 44 by Phat, posted 11-28-2022 11:16 AM | | Phat has not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 62 of 302 (902896)
11-28-2022 12:31 PM
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Reply to: Message 46 by Phat
11-28-2022 11:24 AM
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Re: Back On Topic...Sort Of...
So you know nothing about Biden and digital currency, but is in the book so it must be something bad.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 46 by Phat, posted 11-28-2022 11:24 AM | | Phat has replied |
| Replies to this message: | | | Message 64 by Phat, posted 11-28-2022 1:44 PM | | Theodoric has replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 67 of 302 (902913)
11-28-2022 4:12 PM
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Reply to: Message 63 by Phat
11-28-2022 1:41 PM
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Re: Phat's adoration of the wealthy continues
I have no resentment for him. He is out of his league. The book has been shown by knowledgeable critics to be dross. Just because he is a rich dude does not make him.an expert on world affairs and economics.
Ray Dalio is respected among political, financial, and social analysts throughout the world
Easily said. He is a billionaire. Of course people blow smoke up his ass. Edited by Theodoric, . Edited by Theodoric, .
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 63 by Phat, posted 11-28-2022 1:41 PM | | Phat has seen this message but not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 68 of 302 (902914)
11-28-2022 4:19 PM
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Reply to: Message 64 by Phat
11-28-2022 1:44 PM
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Re: Back On Topic...Sort Of...
The prevailing thinking is that a new blockchain digital currency will be created, backed by Gold. Dalio didn't say this, however.
Who said this? How would it work? Blockchain backed by gold seems to antithesis of what crypto is. Who is going to provide the gold? If it is backed by a set amount of gold then the value of the currency will be equal to the amount if gold backing it. It will have an extremely small base as no one has or can acquire enough gold to back a currency. Unless maybe it is Liechtenstein.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 64 by Phat, posted 11-28-2022 1:44 PM | | Phat has replied |
| Replies to this message: | | | Message 70 by Phat, posted 11-29-2022 10:08 AM | | Theodoric has not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 71 of 302 (902958)
11-29-2022 10:31 AM
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Reply to: Message 69 by Phat
11-29-2022 9:23 AM
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Re: Long Range Planning
If you make 1k in an investment and you sell that investment you owe taxes on 1k. You made a profit, it is income. It is taxable. That is how taxation works. There are many other reasons, income level, deductions, how long you held asset, that it may not be fully or at all taxable. You truly have no clue how taxation works why. Done here. You prefer youtubers to an actual evidence based conversation. My wife and I do well. Alas, we are in a place that we do cannot afford investments that would decrease ou tax burden, but make enough to pay a lot of tax. You know how I feel about this? I feel great. I see the wonderful society my taxes support. I have family members that are on various types of gov't assistance. My taxes support that and I do not have to deal with the issues every day because of the gov't support
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 69 by Phat, posted 11-29-2022 9:23 AM | | Phat has seen this message but not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 79 of 302 (903136)
12-04-2022 6:14 PM
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Reply to: Message 78 by Phat
12-04-2022 4:10 PM
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Re: Back On Topic...Sort Of...
Does not make him smart or an economist. Good chance it makes him an amoral asshole.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 78 by Phat, posted 12-04-2022 4:10 PM | | Phat has replied |
| Replies to this message: | | | Message 80 by Phat, posted 12-05-2022 9:59 AM | | Theodoric has replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 81 of 302 (903149)
12-05-2022 10:29 AM
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Reply to: Message 80 by Phat
12-05-2022 9:59 AM
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Re: Back On Topic...Sort Of...
Watched it. It is pure bullshit to wow the rubes.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 80 by Phat, posted 12-05-2022 9:59 AM | | Phat has replied |
| Replies to this message: | | | Message 82 by Phat, posted 12-05-2022 10:35 AM | | Theodoric has replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 85 of 302 (903164)
12-05-2022 1:41 PM
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Reply to: Message 82 by Phat
12-05-2022 10:35 AM
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Whatever Phat
I really don't care if you believe me. That you can not understand that someone successful in selling and buying stocks does not make one an economist is classic Phat. I keep an open mind but unlike you prefer to listen to experts in the field.
At one point, he paid a stripper to drop her clothes in front of a crowd at the annual convention of the California Food and Grain Growers' Association.[24] His creative ways of blowing off steam continued, and exploded on New Year's Eve in 1974 after he went out drinking with some colleagues, including his boss. After a disagreement with his superior, a drunk Dalio punched him in the face. Soon afterward, he was let go from his job at Shearson Hayden Stone. Ray Dalio - Wikipedia Ass. Maybe if I had caddied for Wall Street titans and given a job by one I would be a successful investor. You seem to think I am attacking him personally and his success. I am not. I am pointingt out he is not an economist. He spouts a litany of aphorisms and shallow concepts. He is not a great thinker. He is a salesman.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 82 by Phat, posted 12-05-2022 10:35 AM | | Phat has not replied |
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Theodoric
Member Posts: 9202 From: Northwest, WI, USA Joined: 08-15-2005 Member Rating: 3.4
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Message 86 of 302 (903166)
12-05-2022 1:47 PM
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Reply to: Message 84 by Phat
12-05-2022 1:22 PM
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Re: Addressing The Book
Before I would decide to waste my time reading a book with such a pretensions title, I am going to read what experts in the field have to say. I am also going to research what background the author has to make such claims. Neither experts nor his background give any assurance he has any expertise to write a book I should give a rats and about. He has no expertise in economics or international relations. Show me his expertise in these fields. Do you even know what a hedge fund manager is and what they do? Go ahead tell us.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
| This message is a reply to: | | | Message 84 by Phat, posted 12-05-2022 1:22 PM | | Phat has replied |
| Replies to this message: | | | Message 88 by Phat, posted 12-05-2022 6:37 PM | | Theodoric has replied |
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