Recent Content by 4thaugust1932

  1. Bitcoin mania is now worse than Tulip bubble

    I believe in https://en.wikipedia.org/wiki/Parable_of_the_broken_window
    Post by: 4thaugust1932, Dec 10, 2017 in forum: Crypto Assets

  2. Bitcoin Top?

    the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants...
    Post by: 4thaugust1932, Dec 10, 2017 in forum: Crypto Assets

  3. Insider trading hurts only HFT

    HFT makes money on https://en.wikipedia.org/wiki/Information_asymmetry https://en.wikipedia.org/wiki/Brad_Katsuyama
    Post by: 4thaugust1932, Dec 6, 2017 in forum: Trading

  4. Insider trading hurts only HFT

    HFT = https://en.wikipedia.org/wiki/Front_running + https://en.wikipedia.org/wiki/Algorithmic_trading
    Post by: 4thaugust1932, Dec 5, 2017 in forum: Trading

  5. We No Longer Live In A Democracy

    China + Voting = America; Feudalism + Voting = India; https://en.wikipedia.org/wiki/Vote_selling...
    Post by: 4thaugust1932, Jul 17, 2015 in forum: Politics

  6. It’s not the cartoons– a contrarian perspective from a Muslim cartoonist

    Religions are 2000 years old; Humans are 200,000 years old; http://en.wikipedia.org/wiki/Human http://en.wikipedia.org/wiki/Ancient_history
    Post by: 4thaugust1932, Jan 24, 2015 in forum: Politics

  7. Racism on ET

    Map Shows Most Racist People On Earth;...
    Post by: 4thaugust1932, Jan 24, 2015 in forum: Politics

  8. Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama

    Till https://en.m.wikipedia.org/wiki/Triffin_dilemma is resolved USA is exporting its inflation to rest of the world.
    Post by: 4thaugust1932, Dec 7, 2014 in forum: Economics

  9. Why are oil prices so low?

    I think it's due to LOW https://en.m.wikipedia.org/wiki/Global_strategic_petroleum_reserves
    Post by: 4thaugust1932, Dec 7, 2014 in forum: Commodity Futures

  10. Pure Flat Tax?

    Buffett's secretary Bosanek pays a tax rate of 35.8 percent of income, while Buffett pays a rate at 17.4 percent on profit....
    Post by: 4thaugust1932, Dec 7, 2014 in forum: Economics

  11. We should transition to an electricity-backed currency

    Cost of electricity by source. 1. Natural gas 2. Hydro 3. Coal 4. Nuclear 5. Solar 6. Wind...
    Post by: 4thaugust1932, Nov 22, 2014 in forum: Economics

  12. Why does China not see how their economic strategy will fail?

    USA can PRINT dollars to buy OPEC Oil. Rest have to EARN dollars to buy OPEC Oil. Since 1971 OPEC Oil is exclusively sold in US dollars....
    Post by: 4thaugust1932, Nov 22, 2014 in forum: Economics

  13. Indian regime names 3 persons holding black money accounts abroad

    Gandhi believed that sex for pleasure was sinful and that husband and wife should live together as brother and sister.
    Post by: 4thaugust1932, Oct 27, 2014 in forum: Politics

  14. The American Dream Is Dead

    Only $1.29 trillion is in Cash. Everything else is debt in America. http://www.federalreserve.gov/faqs/currency_12773.htm
    Post by: 4thaugust1932, Oct 27, 2014 in forum: Politics

  15. Indian regime names 3 persons holding black money accounts abroad

    Every foreign account held by an Indian may not be illegal, the Centre said, adding that names cannot be disclosed unless there is prima facie...
    Thread by: 4thaugust1932, Oct 27, 2014, 3 replies, in forum: Politics