Resistance is futileOriginally Posted by bogan
I rest my case
This guy invented confirmation bias.
Forum whore
Resistance is futile
Aio ki te Aorangi
In which case I should be getting royalties for every single scientific journal that has ever been published.Resistance is futile
I didn't think!!! I experimented!!!
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Just from the guy that does the title pages though right
"A shark on whiskey is mighty risky, but a shark on beer is a beer engineer" - Tad Ghostal
Aio ki te Aorangi
ha ha ha ha haaaaaaa... touche.Just from the guy that does the title pages though right
I am therefore I do
More good news...
http://thedailyblog.co.nz/2014/04/05...g-is-changing/
Bogeyman
Y'know, in the home of the brave the global warming phenomena is synonimouse with radical socialism.
With collections of random and fact free blame fests like that it's not difficult to understand how they might get that impression.
Go soothingly on the grease mud, as there lurks the skid demon
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The premise of that whole article seems to be, my selective science disagrees with scientist's latest findings, so I'm going to have to be more selective with my science
"A shark on whiskey is mighty risky, but a shark on beer is a beer engineer" - Tad Ghostal
Saving the goat....
Collapse of wealth....
Is it still beastiality if ya fuck a frozen chicken??
Aio ki te Aorangi
I see UKIP's Nick Farage sitting there too. The UK has already started down the tapping into the pension funds road. It won't end well.
Saving the goat....
Once more people hear about this scheme, then more people will take their money out of the banks, which will in turn cause a run on the banks which will start this whole scheme off!!
Is it still beastiality if ya fuck a frozen chicken??
Saving the goat....
'Laws are created to protect the government, Not you'
How true....
Is it still beastiality if ya fuck a frozen chicken??
KB's Chief Cats
open banking resolution much?
Banks will just say no. And you "customers" have no recourse...
Just faidin away!
Government is all about biting (bluffing) the hand that feeds it ... the voters (victims) should be focussed on "less government", not more!
Smaller transparent clearly focussed and accountable governments have less areas to create confusion diversion and distraction from their core activities!
I.E. Somewhere to work, something to do and nowhere to hide ... surely a current politicians nightmare!
Aio ki te Aorangi
Pensions have been earmarked as unsustainable since the mid 80's. We've had the baby boom, now it needs to be paid for. Those who provide pensions cannot afford to pay them out without going broke because they have gambled with the money and have probably lost huge chunks of it in the GFC. Instead of bailing out the institutions until the rinse and repeat cycle breaks down into thud, it's fucked, they've decided to "bailout" the beneficiary directly. They've been looking to do this for quite some time and there are plenty of articles on the net that discuss giving the money being printed directly to the people. They simple haven't had the vehicle to do it. Now they do. I'd venture that the block of money being offered by the govt is being borrowed/printed. People will have money to invest. What do you invest in when there's nothing else to invest in? Govt bonds? Why would you? I mean, the govt issues bonds as a QE measure and with that comes interest and more debt that is lumped on to the very same public that are buying the bonds. That money supply will dwindle very quickly and it'll all go plop.
Bottom line. It's nothing more than a stealth bailout and a stealth money print. Something that doesn't work any more. It's a laughable last ditch attempt at fueling the economy and it's a short term measure at that. How many pension funds have been borrowed against I wonder? And who now owns them? I'm sure some smart cookie will dig into this further (it's a HUGE tangled ball of finance) and it'll all come out in the wash coz as mentioned, this has been no the cards since the 80's.
Saving the goat....
What he said.....^^^^^
Actually, 'derivatives' has been used already in another banking clusterfuck, what term will it be for the demise of the Super Fund? 'Derelatives'?? 'Superlatives'?? 'Retiratives'??
The worrisome concern I have about the Superfund, is where exactly do they invest it??? ...in offshore sharemarkets... and when they crash.... the fund is worth yip...
From NZSuperfund.co.nz:
Using derivatives to manage risk and liquidity
The Reference Portfolio is generally 100% hedged back to New Zealand dollars. (We do this to get the benefits of New
Zealand interest rates being higher than offshore interest rates. We are indifferent to fluctuations in the NZD relative
to other currencies.) This reduces our risk exposure to fluctuations in foreign currencies versus the New Zealand dollar.
Currency derivatives, such as forward contracts, allow us to manage this foreign currency risk in an efficient manner.
In addition, the actual portfolio tends to “drift” away from its target exposures through time due to differential
performance of the various asset classes we own and also due to changes in exchange rates. In other words, the
portfolio’s actual risk can drift away from the desired risk. Derivatives are a convenient way of re-balancing the portfolio
back to its targeted risk level.
Derivatives can also help us to manage our liquidity. When we enter into a derivative contract, we often are not
required to make any deposit on this exposure. Where we are required to set aside a deposit, it is often a relatively small
percentage of the underlying exposure. This means we hold a pool of collateral within the Fund, while maintaining the
desired market exposures through the derivative. In instances where we require liquidity at short notice, closing the
derivative position allows us to access an immediate source of cash.
Is it still beastiality if ya fuck a frozen chicken??
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