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Registered on:9/2/2004
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Market isn’t biting on these head fakes anymore.
If Trump wants tariffs, why doesn't he go about it the right way and pass a law in Congress? Why is he trying to run the global economy by executive fiat?
quote:

a republican will lean towards spending cuts


Biggest myth in politics. Republicans haven't cut spending since HW.
In the Middle Ages, Islamic societies were much more advanced scientifically and technologically than Christian European civilizations (see, e.g., Toledo in Spain). Others have noted this point earlier in the thread, and the OP has subsequently dismissed it or written it off.

But this example poses a big problem for the OP's argument nonetheless, because it disproves one of the core assumptions of the post: That Islam is inherently limiting to technological and societal advancement. With such an obvious counterpoint in the centuries after the emergence and spread of Islam, it should be clear that this assumption is wrong.

With that reasoning in mind, the more interesting counterfactual question is not about the early spread of Islam, but rather : Why did subsequent Islamic civilizations turn their backs on European advancements, specifically during the Age of Exploration and the Enlightenment?


Many have mentioned the Turks -- they actually did adopt European technology, but failed to keep innovating after the Second Siege of Vienna.

Perhaps more recently, we could consider efforts by Islamic societies to modernize, and ask questions like : Why did the post-War Arab modernization programs of Nasser and the Ba'athists ultimately fail?

Clearly, this failure has a lot to do with the Luddite/anti-modern tendency in Islamic extremism, which emerged as a backlash to the Ba'athist approach.

Or, if you really want to get philosophical about it, you could consider the current popularity of modern Islam among the poorest segments of Asian societies, then ask : Does Islam make people poor? Or are poor people attracted to Islam for some reason?


There are all sorts of questions that are much better and more historically informed than the one you posed, which is laced with flawed assumptions about the nature of the religion itself (or perhaps its adherents, that part isn't clear, either).






Some have called the 21st century the "Deleuzian Century."

Should colleges stop teaching "Difference and Repetition" because you don't find it relevant to your career?

The Republic
Meditations
The Prince
Critique of Pure Reason
Thus Spoke Zarathustra

All pretty old at this point. Should we not read them?


quote:

It's 200 year old texts. Colleges could offer more relevant courses


How old is the Bible?
quote:

Yeah. I feel there are better courses suited for life than English literature.



If I had to draw it up from scratch, I would put engineering in trade school, and business schools would be split off into stand-alone institutions.

That would leave universities to do what they should have been doing from the beginning: Developing thought-leaders rather than workers and middle managers.

And yea, that shite SHOULD be expensive. Not just anyone can be a thought leader.
quote:

Why spend money on an English literature class? What career value am I getting from that?



College is WAY to expensive to merely be job training. It should be returned to its original purpose -- as a finishing school for future leaders.

With that purpose in mind, English lit is incredibly useful because it leads to a deeper understanding of humans and human nature.

quote:

Not at the moment, I appreciate your consistency



The problem is that his perception of who is freeloading and who is not is completely backwards. :lol:
quote:

All this map tells me is that communist states like California and Illinois benefitted the most from student loans being wiped clean. NO WAY the commies in those two states are prioritizing their student loan payments. Bunch of freeloaders got their loans taken care of the last few years.



Better explanation: There are more high paying jobs in those places, and people can afford to pay back their loans.

California communist? It is the 5th largest economy in the world, and it is a net contributor to federal tax revenue. Many states in the south are net receivers of federal revenue, making them ....

wait for it ....

freeloaders.

:cheers:
quote:

Gotta clean the wounds before they can heal. That usually stings a bit.


We've always been at war with Eurasia.

re: Gdp report

Posted by TxTiger82 on 4/30/25 at 10:29 am
quote:

This pre-tariff GDP number isn’t great especially when you pair it with the job report and PCE



Stagflation has arrived.
quote:

.Gov spends 30 billion per day. Cut that back, and the subsidies are nothing.



So you think paying farmers to grow nothing is a good use of taxpayer dollars? Agree to disagree on that one, buddy.
Allow the shares to be called away if your gains plus the premium collected exceed your potential gains minus the premium you would pay to close the position.

Mathematically, that would look something like this:

Allow call if : ($45-41) + premium collected > ($current price - $41) - premium paid

Buy back if : ($45-41) + premium collected < ($current price - $41) - premium paid.


The 10yr yield is down from the local peak, but up since liberation day.

Apr 2 close was 4.19.
Current is 4.33.

Thus, the 10yr yield is not “down.” Moreover, one bad move in negotiations sends the thing over 4.50 again.
Trump rushed into the tariff plan while making big assumptions about how Powell would respond. He apparently did not consider the possibility that bond vigilantes and foreign countries would dump bonds and drive up his precious 10-year rate. He did not consider the possibility that China would play hardball. Oops. Quite the corner he’s painted himself into.

re: ppi report comes in really cold

Posted by TxTiger82 on 4/11/25 at 1:57 pm
quote:

Explain this to me like I'm a 4-year-old girl with pigtails who just fell off my bicycle and hurt my knee while holding a sucker.



Businesses got more for their money in March than they did in February.

re: 10y treasury up to 4.48% overnight

Posted by TxTiger82 on 4/9/25 at 10:48 am
quote:

When people start talking about bonds, I know I’m about to lose some serious money.


Watch the high-yield spreads. Values higher than 5 indicate elevated recession risk. We're currently at 4.57, which is a tick down from yesterday's 4.61.

LINK

quote:

S & P 500 Forward P/E Ratio at great buy levels


Might want to wait and see where the "E" portion of that ratio is at in the coming weeks. Financials kick off earnings season on Friday.