I suppose that makes sense, though. In a shipping/supply chain crunch situation, the country where everything comes from wouldn't have to deal with inflation as much. Add in that they are enjoying cheap Russian blood oil and there you go.
perhaps it has less to do with communism and more to do with the lack of reckless government spending/stimulus
They wanted to take all of Ukraine. They got whooped in the North and are now in a slog for a relatively worthless part of land (Donbass) while Ukraine is destroying their infrastructure from afar with HIMARs and is preparing a counteroffensive near Kherson and the coast.
But you're not. That's the thing. Ukraine is making territorial gains in the South every day and you don't talk about it. There are opinions written every day about how Russia is in a campaign that will get them, at best, a pyrrhic victory and, at worst, a humiliating defeat that will crush their economy. The war isn't really being "won" by anyone right now except maybe China who is licking their chops at potentially making Russia a vassal state if their economics worsen.
Thanks for explaining the obvious things to us that most people already know.
Why, thank you, my genius does shine through. Just what in the heck is Transnistrian? A new age religion? Is that like Trans Gender? I haven't tried that, yet!
Some of them were far right nationalists. Not all. You'll get that with nationalist here and there. They were like the Proud Boys of Ukraine. Except, you know, actually competent.
It is and always has been a speculatory asset.
Not how it works. Social security is a pay as you go system. You are taxed, that money goes straight to those eligible for the program. There is a trust that was created in the 70s/80s to deal with the extra receipts SSI got from there being way more baby boomers than retirees. Now it's the opposite there aren't enough workers for all the retirees. So now the trust is currently paying for the boomers and will run out in the early 2030s. When this happens, retirees will only be subsidized by receipts from direct payroll taxes. Benefits will be reduced, but not go away entirely. Once the boomers die, there will be a huge burden relieved from the system. And then when the millennials (which as a cohort, is an echo-boom, larger than the generations around them) gets old, they will probably vote in massive social security and medicare benefits just like how the boomers keep perpetuating the system that supports them in spite of everyone younger than them.
the wage limit increased each year based on inflation. what will 2023’s number be, 160k? this is probably the end of most pharmacists getting past FICA max
that and increasing retirement age by a year or two every decade or so.
That won't change. It's still 55/59.5. That's your private money.
www.asiafinancial.com
It's literally supposed to be socially acquired economic security for retirees.
Nope. Never has been like that. It's a Trust paid for by workers to support the retired. That's why when someone dies at age 65, their kids don't inherit their social security money they accumulated. They just don't get any payments, ever.
Because that's how the trust is set up.
Presumably it won’t matter to him at that point.
this chart is literally a double top reversal...
Perhaps he should retire then.
Not enough.
Won’t be his problem anymore.
Oh there is probably plenty more bottom. But it’s pointless to try and find the bottom imo. Keep buying and holding.
None of these companies do anything proprietary. Is TDOC even profitable yet? People want to see their doctor in person, not online. Roku has PE over 80. I don't know anyone who uses one.
There is a giant no fly zone over the entirety of Ukraine, so I doubt that will be a problem.
I use Roku. I like it. The product, not the stock. There is nothing “disruptive” about a box/stick/service that let’s you access content on a TV. I like it because it is easy to use and responsive but I wouldn’t care if I was using Fire stick or any other similar product/service instead.
I bought an extra $5k like a month back, I posted about it the day I did it.
Same on Roku. I literally have one connected to a smart TV. The Roku is simply faster and easier to use than the smart TV functionality.
Literally all of those are nothing new. The US is always at conflict with itself and externally. They are always "printing" money. There have always been huge wealth gaps. There are frequent financial crises. The 2007-2011 years were considerably worse than this.
I don’t understand. It’s not over a hundred degrees in Los Angeles today, but it gets that hot with some frequency. There might be some places in California at elevation or in coastal far northern Californian where it never gets that hot, but these are not the expensive parts of the state.
Are you reading the forecast or do you live here? It’s nice today, but you’re looking at a very small section of “Los Angeles”. The wind is blowing the right way and Downtown always runs a little cooler because the buildings provide shade/insulation. Go a few miles away into, say Glendale and it’s mid 90s. And again, it’s a nice day. I can’t tell you how many times recess was cancelled growing up because it was over 105 degrees. People don’t die here (in large numbers) when that happens because we’re used to it. We have air conditioning and swimming pools. These are not normal features in UK homes.
