Figured I should warn people against LARPing as Economists

[Incredibale]

Paul Krugman is a professor of economics and he talks all kinds of complete bullshit.

[LilSaihah]

i thought this was going to be a news story about an economist getting beaten to death with a foam sword or something

[Sunseeker]

Stock markets are bullshit anyway. They're games for the exceedingly wealthy to become even more exceedingly wealthy.

[Mad_Murdock]

There's no way individual nation states can survive in today's world. Imagine, for just a second, if South Korea decided to leave the United States. You think they can take care of themselves?

I'm just going to stop you right there. South Korea is never going to leave the US and I don't want you putting those silly thoughts in anyone's head.

[Celista]

There's no way individual nation states can survive in today's world. Imagine, for just a second, if South Korea decided to leave the United States. You think they can take care of themselves?

Is this part of the LARP? I missed the briefing.

[Thoughtful Trolli]

I put on my wizard hat and cast magic missile!

Unless you roll a nat 20 you're in trouble cuz you should have put on your hair pomade and cast buy/sell!-

[Gamdwelf]

Who the fuck cares about economics majors, you want someone who studied finance here, not economics

Markets are more related to economics. They are obliviously related but economics are more relevant than Finance.

- - - Updated - - -

Stock markets are bullshit anyway. They're games for the exceedingly wealthy to become even more exceedingly wealthy.

Define exceedingly wealthy.

[AwkwardSquirtle]

i thought this was going to be a news story about an economist getting beaten to death with a foam sword or something

That would be so much better.

[Sunseeker]

Define exceedingly wealthy.

Anyone whose income is largely determined by their stork portfolio's performance, or just generally makes 12+ times the national average /year.

[Gamdwelf]

Anyone whose income is largely determined by their stork portfolio's performance, or just generally makes 12+ times the national average /year.

Well then your original assertion is wrong. As I myself have used the stock market to increase their wealth without meeting those criteria. It is probably the best way to invest your money currently with the way interest rates are right now. Unless you make really bad choices.

[Nadiru]

Anyone whose income is largely determined by their stork portfolio's performance, or just generally makes 12+ times the national average /year.

You could do that, though. There are stocks which yield large quantities of their stock price in dividends each year; by simply investing some percentage of your paycheck into said stocks (after giving them a thorough examination, ideally) you could be making a majority of your money per month from stocks in a few years.

[Gamdwelf]

You could do that, though. There are stocks which yield large quantities of their stock price in dividends each year; by simply investing some percentage of your paycheck into said stocks (after giving them a thorough examination, ideally) you could be making a majority of your money per month from stocks in a few years.

Exactly. Don't be mad at the system use it to get ahead.

[Sunseeker]

Well then your original assertion is wrong. As I myself have used the stock market to increase their wealth without meeting those criteria. It is probably the best way to invest your money currently with the way interest rates are right now. Unless you make really bad choices.

Anecdotal "I did it, therefore your wrong" argument.

[Garnier Fructis]

Well then your original assertion is wrong. As I myself have used the stock market to increase their wealth without meeting those criteria. It is probably the best way to invest your money currently with the way interest rates are right now. Unless you make really bad choices.

Definitely not what you intended, but the wording here is just really hilarious. You've used the stock market to increase their (the rich) wealth.

[Sunseeker]

Exactly. Don't be mad at the system use it to get ahead.

The system is broken and needs to be fixed, encouraging more people to abuse a broken system won't make anything better.

[Kathandira]

For More on How Quickly the Britbong Stocks Rebounded see Andrew Neil's twitter (@afneil). A British Newsman.

I thought this was going to actually be about LARPing. I am disappointed.

[Gamdwelf]

Definitely not what you intended, but the wording here is just really hilarious. You've used the stock market to increase their (the rich) wealth.

Posting from phone doesn't always do what I want it too.

The intent of the post was me and people I know.

[Lord Berserker]

There's no way individual nation states can survive in today's world. Imagine, for just a second, if South Korea decided to leave the United States. You think they can take care of themselves?

.... Do you understand how silly you sound?

[Gamdwelf]

The system is broken and needs to be fixed, encouraging more people to abuse a broken system won't make anything better.

What's broken about VB it? You can choose to invest money you have now in companies you believe will have future returns on that investment.

[Lord Berserker]

What's broken about VB it? You can choose to invest money you have now in companies you believe will have future returns on that investment.

Capitalism is evil etc etc.