any freelance skill that pays in usd will catapult you to upper class pretty much instantly. problem might be that your place lacks the infrastructure for it (like atm's to withdraw your paypal bucks from)
Arch Coal Inc (ACI)- declared a chapter 11 banktrupcy today. Says on wikipedia it produces 15% of the US coal (second largest coal producer in the US). Peabody energy is the biggest coal producer in the US, and it has a shitty balance sheet. Will it have a big effect on the US (or the world for that matter) electricity prices, since half the worlds electricity is produced with coal and coal producers are starting to get fucked real bad?
>and coal producers are starting to get fucked bad >starting to Hohoho I've been following the coal industry for 5 years now. It's literally "how long till this company bankrupts: the game" I still remember trading patriot coal, man, what days those were. When BTU was trading at like 20 times its current price. Good days. It was truly a perfect storm of bad timing for coal; no other industry has faced getting fucked so hard every single way since I can remember. I recently stopped... Comment too long. Click here to view the full text.
China is still sitting on a trillion million billion tons of its own coal despite its massive imports. Australia and Indonesia continue to supply coal to whoever wants it in Asia, the powder River basin in USA continues to export the quality coal that quality people want (through companies like peabody) and it's not like it's gonna stop anytime soon. Even if BTU files a chapter 11, they or somebody somewhere will be mining the PRB whenever someone wants it. Countries are essentially getting shitloads of cheap (but smoggy) energy right now, even if your electricity... Comment too long. Click here to view the full text.
Yes, that means more coal company bankruptcies are likely to happen. However, with the coming of a big liquid natural gas export scene (supposedly), with increases in renewable and or nuclear energy technology (hopefully), coal is, at best, staying put and profiting enough to survive one day. There isn't much room for growth in the coal industry in the foreseeable future unless clean coal technology somehow becomes feasible (they've been trying for years and nothing works) and/or natural gas prices skyrocket for god knows why. Some REAL SHIT would have to happen... Comment too long. Click here to view the full text.
jew here, im worried that my country won't last another 20 or maybe 10 years at this rate, let me run some numbers so you understand
estate prices went up by almost 100% in the last 6 years in every major city our food is 25% more expansive than europe (on average) we pay 70% more on cars than the rest of the world and by 44% more if you only compare basic things like milk bread and eggs we are currently on 5th place (OECD ranks) in in-equality,just behind mexico if the numbers are right, in 10-20 years from now you wouldn't be able to live here... Comment too long. Click here to view the full text.
>>1037158 Financializaiton of real estate, thats what you got. I don't think it'll ever get really bad in Israel, cause lets get real - the only people seriously considering living there are overseas jews from places where there is trouble (e.g. france currently).
You also got an amazing local tech innovation center so money will definitely cycle back into local economy (I invested in Mazor Robotics, an innovative startup for robotic surgery).
What you should do is find something made there that can be... Comment too long. Click here to view the full text.
>>1037147 Chipotle had a fuckup only reserved for companies that have either: a. Existed for 50 or more years b. Become too big to fail.
Food for hipster coastfags that want to feel cultured and spout "muh flyover" on /ck/ isn't an old or useful market, so Chipotle can't rely on its value in the niche to save it. That, and any benefit of the doubt they would have had after the food poisoning issue was resolved was thoroughly destroyed with the criminal case.
>>1037140 Try to pirate the books or borrow one. Try the campus library. If you're really desparate then go to the campus book store and just read the books and do the assignments there. Or take pictures of the pages you need. Hope this helps.
>Powerball Jackpot: 830 million USD >Price per Ticket: 2 USD >Odds of Winning: 1/292 million >Odds to Payout Ratio: 584 million/830 million= Less than 1
I am well aware of the fact that taxes would make the odds to payout ratio greater than 1, making this a shitty investment, but should I watch the lottery to see if the post-tax payout eventually becomes greater than 584 million?
OIL WILL NEVER GO UP!!!!!!! Petroleum is going the way of the whale oil. Millennials don't buy as much cars, don't drive as much and are inclined to purchase small cars. The world is heading towards more efficiency.
Iran will start to export oil, Saudi Arabia will get buttmad and try to depress prices further.
If the world were to fall into recession or depression, demand for oil will drop even more. The world isn't predicted to enter any economic boom soon, so demand for oil will not increase.
Don't invest in Royal Dutch Shell, these... Comment too long. Click here to view the full text.
Because they can't afford to anon people will still buy cars because they want to get laid, what are you going to do, take the bus to the bar and then tell the skank you pick up 'hold on we need to get the subway back to my place'
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