Peter Schiff gets a lot of shit for being into gold and hyperinflation, but, you know, he probably has a better track record than most.
He called the housing bubble, of course, and correctly diagnosed banking's exposure to it, but even after the crisis, he has been one of the few voices consistently predicting the next round of QE, etc, and he'll probably be right again when the fed back pedals on its rate hike. He makes a lot of sense when he diagnoses current problems in the US economy too.
Bad at Timing? Yes. Otherwise, kind of under-rated.
>>1070192 It's not really much of anything when you keep predicting it will rain and then eventually it rains.
I can also keep saying "THERE WILL BE A RECESSION SOON, A VERY BIG RECESSION AND VERY SCARY".
And then when nothing happens for years - I can make excuses. "Oh it just didn't happen yet, it will happen you'll see!", and then something small happens and it rebounds, I can say "Oh that's just some small waves before the tidal wave, don't worry it'll... Comment too long. Click here to view the full text.
Anyone have experience managing inventory for a small business? I've just started this year and am having a hell of a time getting it straight. I've been using excel to track changes but haven't yet come up with a reliable structure to give summary totals, keep a running record of ingredient use and set reliable thresholds for reordering. What tips can you offer from your experience?
How much money, collectively, could there be in the big illegal trades of the world? Drugs, weapons, human trafficking, etc. Could there be select people leading these crimes and living like kings. Seems simple to mass murder these people and/or take over the game.
>>1070125 It is difficult to calculate the figures of illegal immigration, but I can assure you it will always be larger than whatever is reported. The reason for this is because employers will obviously pay illegals with cash, because you require a social security number for a checking account (which is required to have paychecks forwarded into a bank account).
It is very difficult to track paper money. It just gets exchanged by the hand. There is no online index tracking the flow of this. Any reportso n illegal immigration... Comment too long. Click here to view the full text.
Many of these industries are estimated in the billions.
>Could there be select people leading these crimes and living like kings
Yes there is absolutely some "kingpins". - This is clearly proven when one "supposed major guy" gets arrested and then analysts see that all of a sudden there's a 50% decrease in a certain activity with clear characteristics that lump it all together.
>>1070131 No it's not a tech question. It is a question about if not having a SSL certificate will scare of visitors with a non-ecommerce site. If I was asking about how to install it or how to works you would have a point.
Let's talk investing. Which is a better option today for someone with a finance background? Picking individual stocks? A mututal fund? OIr going with an index fund with the market in the shitter? What do you all think/what are you doing? What are your returns so far? Opinions on the market in the future?
Could a gas company, personally fund electric cars, build solar farms somewhere with plenty of sunlight, and switch to using that as their product, in an attempt to decrease pollution, yet still make a profit?
>>1070029 well if you dont have a plan now then i assume you don't have any field experience through internships yet. but you've got what like 3 months or so? start putting your resume out there through hiring websites like monster.com and such, also look into getting your resume into newspapers. just put down that you're about to graduate and will have the degree. don't limit your audience to the local area, make sure you post the resume in places with industry for your line of work, you might be surprised.
you... Comment too long. Click here to view the full text.
Tune up your brand. You're selling yourself. LinkedIn and social media should be polished. Network with your professors and any connections you can. Call every recruiter you can find. The more exposure you have the more likely you will be to find something.
1. your dream job 2. a job related to your dream job 3. excel monkey, call center, and other jobs that need more than a HS diploma 4. drop the degree and get whatever gives 40 hours a week
Anyone who made it through college should be able to #4. Look clean and don't act like you are on drugs. Having a job is better than no job. You can jump to #2 or #3 through temp agencies. Temp jobs are willing to train the right person, but can dump you with a phone call.
The only way you get #1 out of college is through connections... Comment too long. Click here to view the full text.
>>1069990 My fed student loan accrued interest daily. That way if you pay it off a day before the 'interest application' date you wouldn't skip the year or the month you almost went through. Most loans work like this.
What is /biz/'s opinion on the US Federal Reserve being an independent entity and all those "conspiracy-theorist" videos on YouTube?
Who owns the US Federal Reserve? Why isn't it ran by the U.S. government? What about the claims that all the central banks are owned by the same groups of people? Why are more countries in debt now than ever before and why is this amount of debt constantly increasing?
>>1069968 The federal reserve is in the hands of an independent entity because politicians shouldn't directly control the source of funds for the government. The funds need to be allocated in a proper, organized way (like a budget bill) so that things don't get out of hand (or into the hands of congressmen). Basically it keeps elected officials' skin out of the game. It doesn't matter who owns it really, as long as they're not incompetent and the government can audit them then things should be fine.
Debt... Comment too long. Click here to view the full text.
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