All things Money Thread

adsatinder

explorer
Change is constant !
LOL !



But who pay the corrupt political bosses get VIP welcome 8n economy.
It is a PR type agencies which work like agents between these MNCs or other companies.
In India you can't enter without greasing anyone.
This is not US of A where you say almost no corruption. But you have to spend on someone the other way like Howdy type programs !
LOL !

Secrets opened now ?

Sorry !
 
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Big Daddy

Super User
Well, people with money are only interested in returns. Bribes lower returns. As I said before, previously Indians funded Indian organizations. Now those Indians are either bankrupt, ran away from India or stacked bad unpayable debts. So either India attracts foreign money or lives in eternal depression. To make the problem worse, the Indian population is skewed towards youth. Failing banks is hidden taxation due to corruption. Additionally, a poor economy will risk a credit rating degrade increasing borrowing costs. Time for easy solutions is long gone. This is the time for hard work or poverty.
 

adsatinder

explorer
Time for easy solutions is long gone. This is the time for hard work or poverty.
Indian Bosses in Govt are not competent at all.
They run it like private property.
No team is there to take welcoming measures for good investment environment.
They want it like rain that comes naturally or invite investors.
Investors these days are not fools who will come without any preparation and research.
All companies hire research agencies etc to check the depth of market. Only then they enter here.
Govt / officials think that these are coming just to earn huge, churn out whatever you want to.
Thinking is not to provide right kind of environment overall in establishing any business, office, industry.
All types of inter contradictory laws are there to churn money from you at many phases of time. Even after establishment, you have to do it same way and feed these Leeches regularly.
 
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Big Daddy

Super User
That is why no one is buying Air India, but India government is turning to NRIs and thinks it owns them. It is taxing them and expects them to buy Air India so that politicians can still go about their irresponsible ways. Modi flys Air India like Trump's Air Force 1 and is probably the main reason why AI is deep down in debt.
 

cat

Senior Billi
^^^And Dubai. They base themselves in Dubai, some sort of hawala banking. Noted for dodgy operations, not much exposure by media...money power influences.
 

cat

Senior Billi
Indian Bosses in Govt are not competent at all.
They run it like private property.
No team is there to take welcoming measures for good investment environment.
They want it like rain that comes naturally or invite investors.
Investors these days are not fools who will come without any preparation and research.
All companies hire research agencies etc to check the depth of market. Only then they enter here.
Govt / officials think that these are coming just to earn huge, churn out whatever you want to.
Thinking is not to provide right kind of environment overall in establishing any business, office, industry.
All types of inter contradictory laws are there to churn money from you at many phases of time. Even after establishment, you have to do it same way and feed these Leeches regularly.
You could be describing SA situation exactly. 1000x worse.
Almost any night, i can watch tv and see the same shxt about "investment." President and the rest telling "open for business"..."make it easier to set up business" ...but turn the page, see the news or other tv programmes the same night, you see more red tape and so on that goes against it.
And you will see reporters talking to 'masses' in the township, in the street, people think govt. must "create jobs." I feel like asking them, "And just how will govt. be creating jobs."
Govt. already created so many jobs - in govt. - that it is draining the revenue - salaries and corruption and wasteful expenditure.
 

adsatinder

explorer
You could be describing SA situation exactly. 1000x worse.
All countries are same in operations. 3rd world has more problems. Each and every country is like that only.
Only language and look of people change. Other factors remain same !
LOL !

Govt has it's own limits.
Private Business / manufacturing / farming for masses is only survival game. They do it on their own, capabilities and with own money only. Traders, manufacturers, farmers etc work according to market. Govt's role is only to give support to these activities and get a marginal income to run its own job smoothly.
What happens here is the Govt start thinking otherwise, they start to churn out exorbitant amounts from businesses for their own personal or party funding activities.
This where they start abusing power to kick each and every opponent. They kick common man too if they raise questions.
Why ?
How ?
Who is culprit here ?

Instead of supporting the normal activities of common man, they are driven by their own interests.
Their should be system to control these goons. Every country makes own ways to control these goons. Some are successful in short term. Some goes for longer terms.
Every dictator has gone with the times.
No one is able to rule forever.
LOL !
 
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adsatinder

explorer
The Worst Economic Collapse In History Is Starting Now: Be Prepared
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Jack Chapple

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Published on Mar 16, 2020

The worst economic collapse in history is on its way. Be Prepared This is a chart of the 2008 Financial Crisis. Over the course of 517 days, The stock market dropped by more than 56%, millions of people lost their jobs… their homes… and their life savings. It was the worst time for the global economy since the great depression. And this is the 2020 Economic Collapse…so far… Over the course of just 21 days, the market has dropped by roughly 20%, the world has seemingly shut down, and we just might be on the worst economic trajectory in history. So how did we get here…and what could we expect going forward. Well lets start off with the first part. The first thing is that…as most of you know, there is a global illness going around that many people are worried about. And from my previous videos, you might know that my position on this is that if you get the disease, you will almost certainly be fine. But it is disproportionately bad for the elderly, and those with underlying health conditions such as myself. So its good to be cautious on a social level, but also there isn’t need for you to panic on an individual level. Initially when the disease had its first outbreak in China, it caused the Chinese Government to shutdown its manufacturing sector in order to help prevent the spread of the virus. Now, that wouldn’t be a problem…if 1/3 of all products in the world weren’t made in China. You see, China is the global supply chain of the world, so when China experiences delays in production, the entire worlds economy experiences delays as well. Now I made a whole video on why this is…. which you can check out on my channel… but I won’t dive into that in detail here… So, because of this supply chain slowdown, we have seen many large companies experience a slowdown in their sales and revenue. And this makes sense, because if you don’t have your product to sell, then you can’t make any money. And here’s an example. The car industry is very dependant on tools, die, and machinery in order to manufacture their cars. But each on of these industries is experiencing 1 to 3 month delays because of the shutdown of the manufacturing sector. This means that car companies will not be able to launch their new annual vehicles on time, therefore missing out on billions of dollars worth of sales. And also, because people are being asked to stay inside, be cautious, and work from home if possible, we have seen up to an 80% drop in automotive sales in some countries like china. And this effect keeps trickling down. If the Car companies are seeing a drop in sales and revenue, then so will its suppliers. And if the suppliers see a drop in revenue, so will the raw industries that work with suppliers. And this effect radiates to all other companies that are connected to the automotive industry. And what happens when a company sees a drop in sales or revenue? Well, we tend to see things like layoffs, or even bankruptcies. This would lead to a higher unemployment rate which would lead to less purchases being made by consumers, which would lead to less sales being made by businesses. And the cycle continues until the economy hits a low point like the great recession or the great depression. And keep in mind, this is just the automotive industry. This drop in sales will apply to virtually every other industry in the world…except the toilet paper industry because that’s actually manufactured in a bunch of different countries around the world…yet sales have increased for some companies like KP tissue by almost 50%. So…there is no toilet paper shortage everyone…just a bunch of hoarders buying 100 rolls at a time. Transcript out of room in description. recession 2020 Discord: Discord - Free voice and text chat for gamers
 

adsatinder

explorer
Trillions of Dollars Have Vanished and No One Is Talking About It
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Jack Chapple

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Published on Mar 19, 2020

This is a chart of the unemployment rate throughout modern history. Here is the average unemployment rate…at about 4.5% Here is the unemployment rate after the dot-com burst and 9/11, at about 6%. Here is the unemployment rate during the financial crisis of 2008…at about 10%. And here is what Treasury Secretary, Steve Mnuchin said could happen to The unemployment rate at some point this year. It is reported that the senate and US lawmakers were warned of a 20% unemployment rate could be coming in the near future. This would be the highest unemployment rate since the worst parts of the great depression. And if you don’t believe me… well, we are already seeing signs of this. Unemployment websites for the state of ohio, New York, New Jersey, and Washington D.C have all crashed this week. And in Ohio specifically, the received 36, 645 unemployment claims on monday. That is typically what they would receive during an entire month. And the results were similar pennyslyvania where 50 000 people made unemployment claims. And Minneosota had 31 000 claims. In fact, The American Hotel & Lodging Association has already reported that 4 million jobs in travel related industries have already been lost in the last month, or are on the verge of being lost in the next few weeks unless there is drastic change. That would almost double the current unemployment rate by itself. And it is also being reported that nearly 50% of all hotels in the United States could face closures by the end of this year alone. Lastly, several respected economic institutes have reported that it is likely 3-4 million jobs will be lost in the next several months, which would be on pace with the worst months of the great depression. The economic trajectory of the global economy might be the worst it has ever been in history. And to prevent this, governments all around the world have been firing off every possible economic policy that they can think of, in order to create economic stability. And thus far, nothing has worked. For Example, When the Federal reserve reduced interest rates to 0%… the very next day was one of the worst trading days in the history of the stock market. Another Example is that The United States government announced an $850 billion dollar stimulus package to the economy… yet the market cratered another 9%. And Finally, The Big Banks have received 2 Trillion dollars worth of loans from the federal reserve in the last 7 days, in an attempt to stabilize the market. Yet, market volatility actually increased and is at a higher level than it was during the financial crisis of 2008. So far, the Global economy has taken between 25 and 40 trillion dollars worth of losses since february. Think about that. 40 trillion dollars has just vanished and this is not even being talked about by most people. It seems that everyday, we are waking up to trillion dollar losses in the economy, yet no one is mentioning the potential repercussions that this will bring to the lives of the average person. And some of these repercussions might actually be quite surprising. Let me explain. During the great Depression, Worldwide GDP fell by more than 15%, Unemployment shot up to over 20%, and global production of virtually everything fell by more than 50%. And because of this, the world became poor. All of a sudden, a family that was living pay check to pay check in the middle class…struggled to be able to purchase food. You saw many people lose their jobs and lifesavings which caused a doubling of the suicide rate during this period. And you also saw infants and children weighing significantly less than normal, which caused some long term negative health effects such as much higher blood glucose levels, and a much higher risk of obesity by about 50% when these children grew up. Overall, the quality of life for the average person around the world dropped off a cliff during this time. But a strange thing happened. Despite all of the negative consequences that came with the horrible economy…life expectancy and overall health actually increased. Here’s why. End of transcript. too long for description. What do you all think of the stock market right now? Are you guys investing right now? Don't want to invest?
 
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