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This single coin is doing almost 10% of Bittrex's entire volume. Rumors on 4chan and twitter that there will be a major exhange listing very very soon As everyone knows Brian Armstrong of coinbase is an investor. Does this mean coinbase is the major exchange listing?
r/altcoins
post
r/altcoins
2020-04-02
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​ [Bitcoin Futures Explained](https://phemex.com) Traditional Futures Contracts VS Perpetual Contracts To clarify this concept, it is best to begin by highlighting the differences between these two financial instruments. Traditional futures contracts always have an exact expiration or settlement date. Although its price deviates from the underlying asset’s price (basis) during its lifetime, they will always converge at expiration. Perpetual contracts on the other hand, never expire and never settle in the traditional sense. As such, their prices could end up becoming wildly different than the underlying assets that they derive their value from. To prevent this from happening, a Funding Rate mechanism attempts to tether a contract’s price to its asset’s price. How does a Funding Rate help tether prices? The concept becomes more intuitive as you being to understand the process. The funding rate is calculated by considering the interest rates for both trading pair currencies and the Premium Index. The calculation either yields a positive (longs pay shorts) or a negative (shorts pay longs) funding rate. Every 8 hours payments are exchanged with the funding rate deciding who pays who. This exchange of payments causes the Last Traded Price to move closer to the Mark Price. Let’s imagine that the current Last Traded price for a product on our exchange is significantly higher than the Mark Price. Logically, this means that there are more traders with long positions. As such, they will probably end up paying short position holders at the time of funding. Because traders are aware of when funding will occur, they then become less likely to want to hold these positions and more likely to sell. Hence, the Last Traded price will continually drop and approximate the Mark Price. Key Points Funding Rate fees are only paid between traders and not collected by the exchange at all. It is intended to help tether a perpetual contract’s price to the mark price. The rate can vary depending on the market. It is a mechanism that only applies to perpetual contracts and is used by all exchanges that deal with these type of derivatives. If you would like to learn and read more about how Funding Rates are calculated and applied, please visit our Funding Rate Trading Guide article.
r/altcoins
post
r/altcoins
2020-04-02
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Hey everyone, I'm sorry if this is the inappropriate place to post this. I came up with an idea for a flat-tax, community service based economic model that I believe could be, if not a solution, at least a decent start towards a prosperous system for most individuals. Challenging the argument that a flat-tax rate would not work in a society due to discrepancies in wage earnings, the bottom-earners having much more to lose than those at the top. To address these issues, I theorize that by allowing community service, charity work and charitable donations to be used as tax deductions, we could build a system that actually works. On paper, a flat-tax rate for all individuals, regardless of income would be, what I believe to be, of the most universally beneficial economic systems. I think that it only makes sense that if everyone is treated fairly and evenly at all levels, then the driving factors of success and innovation would remain intact as well. So by allowing anyone to earn their taxes back, by providing a service to their community, it would benefit the communities around the country, and help to ease the burden of tax dollars being spent on some public programs. If individuals staffing rescue centers, recreational centers, and other similar programs to be discussed later, were able to volunteer their time, while receiving a portion of their taxes back, then I believe that we could see some significant change. My theory is that over time, communities will continue to see benefit as their communities build around them, a society that addresses concerns most affecting their geographic location. Understandably not everyone will be able to benefit fiscally from this system, as there will always be outliers, but they should be able to receive the benefits of a stronger and more tight-knit community. I also think that if this program is successful, then over time one would expect to see most of their society begin to grow, as empathy and understanding begin to develop alongside with some tax savings. The idea driving this is that everyone should be given a fair chance at life, a universal tax would not diminish the value of effort put in and by allowing those that may have some additional spare time (or make time for it) the chance to either reduce or reimburse themselves by assisting their communities. We have reached a point in time where the threads holding society together are fringed and the consequences of them being lost forever is something that we should try to avoid. Rural parts of the country are experiencing tragic losses due to the opioid crisis, whereas urban city centers are flooded with displaced homeless people. By being able to provide some additional resources to our neighbors, I believe that we could work together to eventually find some type of universal policies that could help everyone have an equal chance of taking on life, without suffering the consequences of multiple failed economic and political systems of the past. If we were to set up community based support systems, youth centers, recreational centers, community gardens, etc. we should be able to help out some of those that we are most able to help, and also probably need it more than anyone. I think more so, now than ever recently, it has become apparent how desperately needed community is. However, I am relatively uneducated when it comes to economic figures, feasibility of this prospect and what the actual percentages would look like. If I were to throw a number out and say if everyone in a country was taxed at 15% of their income (all sources of income, dividends and capital gains included) I don't know what this figure would be, how it could be used most efficiently, etc. and that's why I'm asking for help. I figure during this quarantine/pandemic period, someone out there might be bored enough to actually read this. And hell, maybe a person that reads this will actually agree with me or at least be willing to have a conversation. Who knows, maybe someone might actually help me too! Well if you made it this far, thank you so much for reading this. I have been wracking my brain with this idea for a few months now and have had a lot of anxiety about telling anyone about it.
r/econpapers
post
r/EconPapers
2020-04-02
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r/levantinewar
post
r/LevantineWar
2020-04-02
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Only vs civilians as crowd control.
r/militarystrategy
comment
r/MilitaryStrategy
2020-04-02
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Creditcoin (CTC) currently trading on Bittrex. Invested in by Coinbase, Y comb, 500 startups and more ​ Volume picking up and doing more daily volume than ethereum on bittrex. ​ Rumors of a very big exchange annnoucement this month. Smart money already moving in. If you had listened to me yesterdy you'd be up 50% already.
r/altcoins
post
r/altcoins
2020-04-03
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r/altcoins
post
r/altcoins
2020-04-03
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hmm... I would say flooding. But maybe that counts as indirect.
r/militarystrategy
comment
r/MilitaryStrategy
2020-04-05
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Attention: International trade Enthusiasts Please pay attention : Anyone here looking to import products from China? At this special time of world pandemic, are you looking to import very important face masks , ventilators, and related products? Our company has great resources and background personnel experienced with this kind of products, We are currently engaged on export of Electric bikes from China to Europe and America, and other quality products, So if you have need to import from China, please contact me without hesitation, We will be ready to serve you from all over the world.
r/internationaltrade
post
r/Internationaltrade
2020-04-05
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r/internationaltrade
post
r/Internationaltrade
2020-04-05
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r/altcoins
post
r/altcoins
2020-04-07
Z0FBQUFBQm03SVg4bWZtWndwMWN5VTJXbmFfbTNMZ01hTE8yTEczaW8waWV2YVhrSklVNkZBYWppVGdjTjctemV6NzBic05mNjEzc3M4YkMyTGEzR1BJeWhZN3F5eUd5M19abFJXQUxPbWFLOXE1UUJSbElSYUk9
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r/levantinewar
post
r/LevantineWar
2020-04-07
Z0FBQUFBQm03SVg4RnNPbXk0RmRTUUxJcm9IbC1mMDFvVnRROTFUNTlLZWxqRVI1UlhNNWVxdnliSWFqbV9wOVptQUVPT1hXTms2MjdDWUZzWW1KbS1YYkU0WHgtcHhOeFE9PQ==
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r/levantinewar
post
r/LevantineWar
2020-04-07
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r/altcoins
post
r/altcoins
2020-04-07
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r/altcoins
post
r/altcoins
2020-04-08
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r/levantinewar
post
r/LevantineWar
2020-04-08
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r/altcoins
post
r/altcoins
2020-04-08
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I need info about the panorama of international trade in this last year and what are the estimates for the coming years. Every piece of information is welcome.
r/internationaltrade
post
r/Internationaltrade
2020-04-08
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For the sake of accuracy and reliablity of the news in the subreddit, the other mods and I have decided to make a new rule regarding the posts in this subreddit. * Sources in English and Arabic are permitted * Sources with a political leaning are permitted, granted that they are not propaganda sites or organisations. * Titles to links should be descriptive of the articles or tweets. * Twitter is permitted, given the account behind it is reliable. That means: * no fresh/new accounts with barely any followers * preferably accounts belonging to reputable people/groups (news agencies, analysts, etc). We may permit tweets from politicians, ministries, NGOs. * Tweet titles should not contain hashtags or links. * Self posts are permitted for discussions and questions only. * Image posts should be relevant and useful. Preferably, link to the source of the image (Article, blog, tweet). Regarding sources, we will permit known Libyan sources, and reputable international sources, such as but not limited to: Libya Observer, CNN, BBC, Alarabiya, Associated Press, etc. Biased sources are allowed per due diligence of mods, granted that the article is accurate, critical and not highly leaning, such as: RT, Daily Sabah, Fox News, Andolu Agency **Note**: these rules may be changed over time, depending on the feedback we get from you and the quality change within the subteddit.
r/libyancrisis
post
r/LibyanCrisis
2020-04-09
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r/levantinewar
post
r/LevantineWar
2020-04-09
Z0FBQUFBQm03SVg4QzFDUHZ0Y0xlY1UyX3NXMDMzM3hDTDlNN194MFU0bmhYY2k4aFQzWFFrdjN5eFZSaktQenNPNFFoakZYVTZpX1A5VVFMS21Jc1RhYUxpaVp5ajlrM3c9PQ==
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Creditcoin (CTC) \>Invested in by Coinbase, Y combinator, 500 startups \>Currently listed on Bittrex \>Currently doing huge chinese marketing push \>Listing on OKEX in about 1 hour \>Coinbase soon? Anyone else excited about this? Finally a good project to recover some losses from sh&Tcoins
r/altcoins
post
r/altcoins
2020-04-10
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r/altcoins
post
r/altcoins
2020-04-10
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r/altcoins
post
r/altcoins
2020-04-10
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r/altcoins
post
r/altcoins
2020-04-11
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r/levantinewar
post
r/LevantineWar
2020-04-11
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r/levantinewar
post
r/LevantineWar
2020-04-11
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Z0FBQUFBQm03SVhUeGJOVjlfUE1BN1JjeUZWQ25CSFJOeW0zV1AxWGZpUTdmQUxlUDM0Z1dTdmYtcWU3M1EySTNiZDN0RzRwRnltTEFiaWZtVmdtVlNEalBVaHJReWw4NzhtTTV4Z3lBNUliVm9qX0FvWEZVeVVYeFpfdkJ2aWpPbktLSm1OUmR6Y3psWXVWUjczdU5nc0RvSTdxWU5fajFzbXN2VDctX0hoTzZycjNDd0s1RTJucHpNQmdWMWdYMzdnMjRvX0lIYktic0oxQzhSUVFDajZ4eEdicF9PT2cwZz09
[https://mycryptoview.com/mycryptoview-the-gateway-into-the-evergrowing-crypto-market](https://mycryptoview.com/mycryptoview-the-gateway-into-the-evergrowing-crypto-market)
r/altcoins
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r/altcoins
2020-04-11
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With Leasehold provide users with a decentralised way to take part in Short Term Rental profits through tokenisation. [https://leasehold.io/](https://leasehold.io/)
r/altcoins
post
r/altcoins
2020-04-12
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Hello Colleagues, How do I reach African timber buyers from Europe,America etc? Are there any groups on Reddit for those? I have available all kinds of African hardwoods that I can export. Thank you for the information.
r/internationaltrade
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r/Internationaltrade
2020-04-12
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This YouTube/Twitch operating in a blockchain-like type of platform announced that they [signed an agreement with Theta](https://www.bloomberg.com/press-releases/2020-04-06/contentos-announces-partnership-with-theta-network) to accelerate the development of video optimization and user experience with Contentos and its video platform. How it works is that individual users share excess computing power and bandwidth resources as a relay node for video streams. They seem to complement each other but have things like this worked in the past?
r/altcoins
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r/altcoins
2020-04-13
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r/altcoins
post
r/altcoins
2020-04-14
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r/globalaffairs
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r/Globalaffairs
2020-04-14
Z0FBQUFBQm03SVg4eWxBSmUya29GQy02R2hoc21tcGFhVG1zUGRud2FGS1phQnZsRjB1MU03S3RPWEZaTE5NbXNtcGhxRU5mMnc4dklvb0tpRkhkU2tnS01PaGJkWTZoUkE9PQ==
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r/altcoins
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r/altcoins
2020-04-14
Z0FBQUFBQm03SVg4MEp3TEsyVU5vNUlrWHJZQmdWZ1IyaUVVVWlwcjlNRG1oSzVoVmZ4YXdTTWJlUDJmZjFIQk5JazQ2UzRfc1Z0MlZYVnNJMjQ4Njh1VVBxeDVjODFBYWc9PQ==
Z0FBQUFBQm03SVhUQm1HaGMwbFNlX2wzOS1oNy1oR3hXLVliNkhKWjlPdF9sUU94d2t4M2FwWkpwS3hNMWJvTXdjNlUxVlhDX2pJeGRPclBVWVViRDV2ZlBFLVFncnZQaEgteDZaY1pKRkY1Zl9vNlZoNVRzaFI3bW81cXVxUDZMaXhfM2owa1Y4RkJKQUJaMUFsQXpvaUdocTJzSzhnTlQwRzBLcWRYUXVib0wyWUJpVVpTY01lOG9jSl9NSExXMkF5ZzlBeVFnMVVq
What are Stablecoins? These are newer cryptocurrencies specifically designed to avoid the price volatility that is characteristic of alternatives such as Bitcoin. Traditional cryptocurrencies are unfit for everyday usage as their prices can swing wildly even within a single day. In other words, users are not very likely to adopt a currency if they cannot accurately predict its daily purchasing power. Similarly, constant inflation or deflation will also significantly affect whether a currency is spent or saved. To solve these issues, Stablecoins peg their value to a more consistent currency or asset such as the US dollar or gold. How do Stablecoins achieve price stability? The primary mechanisms that allow Stablecoins to maintain their steady prices are essentially taken from the system of fiat currencies. The US dollar, for example, maintains its relative value through collateral and central authority. Different Stablecoin projects use different variations of these concepts. Fiat-Collateral A Stablecoin that pegs its value to a single US dollar can then hold the same amount of dollars for every token they issue. Having fiat currency as collateral helps them manage and control the value of their coins effectively. Crypto-Collateral Stablecoins that use other cryptocurrencies as collateral are slightly more complex. Because their underlying reserve cryptocurrencies are subject to high volatility, they must maintain a number of assets with a total value that surpasses that of its tokens. For example, to issue $100 worth of tokens, they must first acquire $200 worth of cryptocurrencies in reserve, or over-collateralize their coin. This allows for a cushion that can accommodate up to a 50% price swing. No-Collateral Some Stablecoins hold no collateral reserves, but rather imitate a central banking system instead. They rely on actions taken by a central authority that decides when more coins need to be issued or taken away. This close monitoring and controlling of supply helps maintain a target price level. For any inquiries contact us at [email protected]. Follow our official Twitter account to stay updated on the latest news. Join our community on Telegram to interact with us and other Phemex traders. Phemex, Trade Simple
r/altcoins
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r/altcoins
2020-04-15
Z0FBQUFBQm03SVg4R29teDVZdW1GQ2k4d2U5NUh3RHY3QzhLU3otdXJPSjZuUlplU0NvcUtRMkdTUnZra3ZrQzJCU3dFSWVIb2NxdjZJMTFQY3lzellLRHU2cjJLenBFcWc9PQ==
Z0FBQUFBQm03SVhUcl80T3lJNkRuUElnRjNGeVhhRU1oNWo3bDNpT0h2SUREdGQxZ2pxa3U5azk3eEhSd2pwLWVMUzBsclZjRXFBUTdoNHRjenpIcWNFUFRFbVhUd0xJUU1UNWIwTGhjdzRLajFPalZTWnEtYlJoM1o3SlJtLV9XUWNyZ1lNOVVkbkRYalpXSlhpa0tmMlU0Rm1oOHBFV1ZiVDZCbVNBWVVoR3hSMzVxbGRHV0NRPQ==
A higher hash rate is associated with higher levels of security. More processing power, naturally, requires more miners. For malicious attackers to be successful, they must control over 50% of the network’s mining power. If they did, these attackers would then have the ability to block new transactions and confirmations. Luckily, the more legitimate miners you have, the more difficult it becomes to coordinate a large enough group to carry a successful attack. Another important concept to understand is that an increase in processing power does not mean that blocks are mined or verified any faster. Bitcoin is specifically designed to have blocks be mined about every 10 minutes. To maintain this rate, it simply increases the difficulty of its mathematical puzzles to match the increase in computing power. [Hash rate](http://phemex.com/) , difficulty, and mining rewards have a strong interdependence. As mentioned above, when difficulty increases so does the hash rate, and vice versa, in order to obtain the reward. However, through bitcoin halving events, the reward is cut in half every four years. The combination of these factors plays a significant role in determining Bitcoin’s price. More computing power indicates stronger security, which then increases user and investor confidence. Halving events are also generally understood to raise prices as supply becomes more limited. Ideally, these increases would help mining remain profitable enough to maintain or increase hash rates once again. For any inquiries contact us at [email protected]. Follow our official Twitter account to stay updated on the latest news. Join our community on Telegram to interact with us and other Phemex traders. Phemex, Trade Simple
r/altcoins
post
r/altcoins
2020-04-15
Z0FBQUFBQm03SVg4MVVrQUhVd1VjR2FWTjBtMGZHb0xtQnZJeUFHX3I2UzVXZE1oMTczUWdzQkdPaE9zUExiSml0RzBPTmFKTm1NMVVZNmdhRzMxSW45UE8zb01ZdG8tOGc9PQ==
Z0FBQUFBQm03SVhUS2loNTh2WUZYY1RDQnM4ZS1MMmNNNEplLVgteUIyZnR3bzNhbVhtYVVyamVUYWhTczhDd2c2akdCS253ZUtWdUVjcHFRb1g3dFZYRHRHMkVOWlBHb3R6bkRYSkZWNkhIWHFiNzVBTHhCbkNqamN0VTJmTW1zTVFHSXo2OExDUm9ib1hRU25Ka2ZGb2ZkNlgtVmZZX0lLQ3hxMXJfS0tOLWtGc05sbTVwUGZsU2NMVThrZU1PVFcxOWgxaFNpekI5dVFZZ2dfeFNhVU9rSVQ4VTdBVDRoZz09
r/levantinewar
post
r/LevantineWar
2020-04-15
Z0FBQUFBQm03SVg4dW53TmsxUnFPQmlsajVGaFhmb3ltWE1aanVQVjd5cEpiSk9UREZRMlgzSklxbTFIUzRHQWxhY0R6dzhicWhtQjJyR18wYnJ3X3U1WmpvVVBjMlNodGc9PQ==
Z0FBQUFBQm03SVhUZl96aWFsQ1ZvSUhNUWFsMUtUNUc3OTdVT1ZUZ3JQVjJOZG9HUC1UeXp2XzNNSmp5M0FMekptX0dOM0tuTjR6aHFQSEtmdEM2ekJPM0ZXT1JKTF8tUE4zYnpza3c0UUZPTFBCTkt0Yjd4N041Y3ZtMGk1bW9zTGE5dXFEZmZ3ZHpjWEFoR1ZqdFNVbVI3dnM3b0pXSGR4Tm9UZ0g1N193dVV6cm1neVE3LVFFZjJGVHlNa0JNNlJpd1d1TzhoTG92ZnlJZjllUVJwRWdMN1l0LUM0VWlhQT09
r/econpapers
post
r/EconPapers
2020-04-16
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There is an increase in demand for loanable funds. How does that effect equilibrium quantities of savings and investment change by more or less than the initial change in the demand?
r/econpapers
post
r/EconPapers
2020-04-16
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Check it, ​ offering financial services including credit history and score on blockchain investment by coinbase, & y combinator ​ this is basically the future of finance and they are leading it.
r/altcoins
post
r/altcoins
2020-04-16
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r/levantinewar
post
r/LevantineWar
2020-04-16
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r/somaliconflict
post
r/SomaliConflict
2020-04-16
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[images-4.jpg](https://postimg.cc/N9x2CdZL) A Single sign-on (SSO) is an authentication scheme that allows a user to log in with a single ID and password to any of several related, yet independent, software systems. This is a recourse towards; 1.) Mitigating risk for access to 3rd-party sites (user passwords not stored or managed externally) 2.) Reduce password fatigue, from different username and password combinations 3.) Reduce time spent re-entering passwords for the same identity The integration of Single sign-on system into Chromia platform, is perhaps the most important UX improvement that Chromia offers the decentralized world, and is currently unique to chromia. It revolutionizes the way users interact with dapps, enabling user to login to different dapps with a single account, alsocurtailing instances when private keys and details are compromised or lost. The application of SSO, would also make DeFi secure and easy to use, rather than requiring rigorous processes. [download-2.png](https://postimg.cc/SjqvXjrG) Chromia’s SSO solution is helping to improve the user experience for dapps, while also increasing security, which would viably increase the mainstream adoption of blockchain technology in general and dApp usage in particular. Chromia has in store bundles of innovated technology, ideas, and mechanisms, that would be invariably beneficial to the blockchain industry, for users at each root in the blockchain industry. For more information on Chromia, please checkout the links below; Official website: https://chromia.com White paper: https://chromia.com/chromia-platform-white-paper-2019.pdf Programming dApps: http://rell.chromia.com/en/master/ Twitter: https://twitter.com/chromia Telegram: https://t.me/hellochromia Reddit: https://www.reddit.com/r/teamchromia Facebook: https://www.facebook.com/teamchromia
r/altcoins
post
r/altcoins
2020-04-16
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r/altcoins
post
r/altcoins
2020-04-16
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r/levantinewar
post
r/LevantineWar
2020-04-17
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r/altcoins
post
r/altcoins
2020-04-17
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r/chinapolitics
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r/ChinaPolitics
2020-04-17
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r/altcoins
post
r/altcoins
2020-04-18
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I didn't understand what it is that Sweden is doing different. Did I miss something?
r/globalpolitics
comment
r/GlobalPolitics
2020-04-18
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I dunno...we don't have lockdown, I guess?
r/globalpolitics
comment
r/GlobalPolitics
2020-04-18
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No lockdown, but following basic social distancing protocol? Something like that?
r/globalpolitics
comment
r/GlobalPolitics
2020-04-18
Z0FBQUFBQm03SVg4ZEtXdC1MdDlZUk9jdHdfbWN3c2VUT2ZjU2c2ZjdKYVNHT0Fra0lMd1RsS29vSUF3TlZsVllrdmlzSVFqSl8wY1ZlaTJZQ0pFM0JyaW1kc0lFX1lURFE9PQ==
Z0FBQUFBQm03SVhURjZsMVp0NWMzMWhmNDUtLVBiNDgxSXVmdXFKY1NDNFNFNXdpV3d1d003ZmxLMXF1NkJJWG1uWlZwWHpxS0xHZ2FqMGNSeHhzU0djUmY5SzNja09QdXRvNnlsdXdYalphS1RlXzh1ZE5HZEtJWHlabkc5alZuNS1tWVVDNlNpQnFBVThzTnBWaEJwM2pTRXRsU2IwbVB5RExFMGtjYnA0Y0gtdXN6WGx2cjZ5Zjc0U1huaFZ2UXh6Y3o5NTRkNzlCSjZ3MEhHZTUxakE2ejY3czY3aHJ1a3k3X2JIeGtKQjlCZDE0dDJkSjhzdz0=
Yes. :) And some regulations for stores/restaurants/schools (schools for 16+ are closed)
r/globalpolitics
comment
r/GlobalPolitics
2020-04-18
Z0FBQUFBQm03SVg4QWxyTkIzc2J6VXFaTnozZDR5eWgteEhsbnkzQ0xRMlM2RndjNEJNSFNrUS1ENFhFS2FsVldKTFBTSkxvSk1NZXg5a3prblRhbkNlR0FxYmZJdHd0T3c9PQ==
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r/altcoins
post
r/altcoins
2020-04-18
Z0FBQUFBQm03SVg4dmpKTWpBYjB6QUFMLXE0WmJTNDQtQUZYbmtTa3BZcTN0cXl0R05Kb2hQdVExN3ROZ0ZYQm5hOV9PRENaYTRBclUtN2dNZjNUWWotZ3BtejNUWVpHb2RGanUyZWkxaGRuZllORFdZckpLYjA9
Z0FBQUFBQm03SVhUXzJXYm8tVXZQVWVGZi1lTkdyRzI1TWt2ck1JTk50SEpLMzdRWGZxcy1PSGNpVW5Fa2Fad3gwVHJ3UTRrZ2VYVUdwUFA4eDlWYXFOclF0RFllX1NieThyT1FFUGVWT2ZNN01RRDNLLXBLR3JSeUFnNkZvUHJ5WmVfQ3B1d0NQd0ZNSVQ1aGNJd2FnTmlmaUVZYlZta1JOeHVzQUljYUVzNURuMGx6OERSOW1sS1NaVHNtYmY2NDZBZWs3MzNJMm55aHBLdkpvMm1RNVpwbzNtY256WVh2QT09
r/disinformationwatch
post
r/DisinformationWatch
2020-04-19
Z0FBQUFBQm03SVg4ZUt4QXVVTWFxVXZHUm5Ca2IyYkZ6YzRBa2NvRWJpeDNPSUdKR0FfcWVOQjNtRTFwMTV5WV9FXzh0NmxXMlpuM2xWZjFHazFPanMxcldXbDhMZE5DZUE9PQ==
Z0FBQUFBQm03SVhUdEJSdVVDLU9SRzZfNW15X1BxdXdVSG5JX2dlcHFOY2syTllHc3U3S3U0Z3hmR2xZa0FOUlp6WWozUC1hT1ZwbEVlTmNNWFJQTVNaZjJ3aDJBQ19VSlI2THBZaE0xN2wyME5CbUlPdHBJd2ZPajE3M1VOcG92am4xREFjaC1kZHp1eFg4X25oajFaTi1DazNFcUNaQ2ZkYzk0bFdxeEx5amtPa2sxbmF6cmdNdFF5N3hCVGxldGFDNUVCalRQRWxMYlJ0RHRjNFVPTlZBTmprQUE2RF9IQT09
Got to be either a great trick, bribery or treachery
r/militarystrategy
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r/MilitaryStrategy
2020-04-20
Z0FBQUFBQm03SVg4aTEwLTFxSXBjQ1pUdXdkbTA0LWEySm1pOXdIN25vTnYyT3JsMXNXVTJodURrbnNvVC1tRHpScGlmR1dnUjZXWTVhRXJCUGFMQXRJM2xnTk9ObnR2V0E9PQ==
Z0FBQUFBQm03SVhUUGgzVVJHYnlnS1NZc3NMTGdaVzl6S2tDWVBoRGtTYThrYW8zY3RLQzhqUXNmdnhhd3JjRFRZZzZvYUh6ZVEwZTN3ME1oMWhZVzRWVWsxMTl2S09ob3JmY0VvSE9TekEydUpiRHdSdHpqcjZGNDZPZk5XbnY2OVBLT1BhOFRJY1J1c1NXQUJ1SUNiQnBBVllQaFh5V21mZlBVbExvQmdYeGd6VjY5c0ZkcUpBUXdfcVBGczdmUVk3dFhISldHem1sXzBBdWhaeERxUU9VbUtNcXIxU3ZmY2F6NDZuT0MwdE1lY0dycE1hb0JfST0=
r/levantinewar
post
r/LevantineWar
2020-04-20
Z0FBQUFBQm03SVg4cF85aDc0MjNTMXYzZFZNSzlFRjdWdkYwY0tyZ1A3Mkw4cGN1S2N0S1lfUEtySzVpVTlyUGJabzNZLVJPdDgxTjFuWm9Ic1AwVEpYZTViQTNwaE4zbFE9PQ==
Z0FBQUFBQm03SVhUT2FoeC1RSk5oSk5Kdm5ZX1hucnpBQUdEYndEbk50NW1scWNBSHoycnhjNmRyeVlrTXZ6X1A3ZG5oOVNyV0R1TmdrSzF1ZzFNcTkya2l1aTVxZHJackYwZDBieHl6NzAzSkhYbkd6TlE0ZDJpVHFfd1ZCdzRaS0xJUVJxZXRhUEdNN0wtUDRPdC1DdklJWTF0TmFJMmFMME0xbzRFd00xcE9md0RDQ0x4WGJmcC1Xa090RFgzbHktTks3UDk0TldLSzFqWlN3OFpDTWg4SE5LWnZ3SDhpQT09
Got ambushed by a coworker today talking about how Fauci is bought off by Big Pharma "hydroxychloroquine kills 98% of the virus but only costs pennies but he wants a drug that costs thousands to cure!" and and how Bill Gates wants there to only be 500M total world population "and now he's wanting everyone to get a vaccine?!" I feel like I have to be up on every single conspiracy theory just to be able to have a decent argument against some of these people. Sorry for the rant, but does anybody have any info on the Bill Gates conspiracy theory?
r/disinformationwatch
post
r/DisinformationWatch
2020-04-20
Z0FBQUFBQm03SVg4WE94UHBVUnhQX25VX0FiSEJsTWdmUGdVV0pWdGNDdERpN2dSbXFjakdnc3RPZU1jTWhMTGxpb3VXOFp4MWJzZ0ROeTNuQWo0dHhteE1uc3R1dThnbnYxNDRPVjJqenhzRDJncUtNRHRRazg9
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r/levantinewar
post
r/LevantineWar
2020-04-21
Z0FBQUFBQm03SVg4MVFwNmVBOXFHb2FidFA2bmVSVjcwVXMyOE5wVjR2XzBKWU9UcDNRU0tPRGMtZ0hQbHY4RW0weDlqcG0xbkQ0N3JvU2loN3RPM1FyMjBDbzcxOF9qYXc9PQ==
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r/disinformationwatch
post
r/DisinformationWatch
2020-04-21
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Long term lurker first time poster, been seeing this coin popping up alot so decided to do some research. Creditcoin looks to be a collaboration between two fintech firms: Aella Credit Gluwa Source: https://www.coinspeaker.com/creditcoin-turns-digital-wallets-investment-market/ Gluwa and Aella Credita have joined forces to launch Creditcoin, an inter-blockchain P2P lending market that operates across distributed ledgers ensuring permanent record of transactions that cannot be alter or tampered with. So what are Aella Credit and Gluwa? So Gluwa is a Fintech / Finance firm based out of Silicon Valley working on some sort of Stable Coin (USD-G) Source: https://www.crunchbase.com/organization/gluwa and lists 500 Startups as its main investor, which is a global VC withh over $500m in investments. Aella Credit looks to be another fintech/finance firm based out of sillicon valley & Nigeria working on some sort of credit solution for loans https://www.crunchbase.com/organization/aella-credit#section-investors and lists Brian Armstrong (CEO of Coinbase), Y Combinator, Vy Capital, 500 startups, Zeno Ventures, HQ Financial Group, Unis Venture Fund, Steve Chen (Founder of Youtube) as investors. This seems like a pretty solid backing. In terms of what Aella is doing, https://techcabal.com/2020/02/10/nigerian-fintech-aella-credit-is-pivoting-after-raising-10-million/ Over the last five years, the company said growth has been impressive. Two months after it launched, Aella provided 90 million loans, Jones told TechCabal in 2015. But in the last two years, it said its user base has grown 674% and revenue grew 193%. Aella’s latest funding round is its second investment. It previously raised $2 million seed funding from YCombinator, 500 Startups, VY Capital and Gluwa. A number of important individual investors also participated in the round including Michael Siebel from YCombinator, Coinbase’s Brian Anderson and former NFL cornerback, Shawntae Spencer. With the new investment from HQF, Aella has announced three important moves. First, the company plans to expand across Africa and South-eastast Asia. Second, it is working on a blockchain lending solution called Creditcoin. Not much is known about the product. But according to a press release, Creditcoin will provide creditworthiness information “and aid in the acquisition of one million additional users by the end of 2020”. It sounds like Creditcoin will be used to process the loan history along with creditors history through the Aella App, which will offer Loans, investments, Health Insurance, and bill payments. https://play.google.com/store/apps/details?id=com.aella.comportal&hl=en Currently has over 500,000 Installs with an average 4 star rating. Overall I would say its a solid project and I can definately see why its being hyped here, but it does definately seem like a moonshot.
r/altcoins
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r/altcoins
2020-04-21
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r/disinformationwatch
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r/DisinformationWatch
2020-04-21
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r/disinformationwatch
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r/DisinformationWatch
2020-04-21
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About me: recent grad, masters degree in political science with a focus on global affairs. It’s with a private agency in Seattle. I’m really looking to get into this field so I’d appreciate some advise. Will they ask me specific international trade questions? I feel like although I study international relations I don’t know much about trade policy..... But the job description didn’t require any prior knowledge exacly, just relevant work experience/transferable skills.
r/internationaltrade
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r/Internationaltrade
2020-04-21
Z0FBQUFBQm03SVg4eTZ2X3ZYRHpXUlh6UjZWdkZjLTBmS2k5ZWk0dER6eXdWYUJtQ0lERllQRlcxTExPWWw4bGNtVFRFMm5aLXRJWkFTX1JocFpDREFEaUR4VlN4aXZqZEE9PQ==
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r/wardocumentaries
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r/WarDocumentaries
2020-04-22
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When I look it up on Google I'm seeing red flags but it seems to keep going up in price, let me know if someone knows more about it. https://youtu.be/s0QUD2Mvzx0
r/altcoins
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r/altcoins
2020-04-22
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Get paid to spam your referral links - [https://bitcoinforums.me/go/forum/post-your-referral-links](https://bitcoinforums.me/go/forum/post-your-referral-links) System is in BETA testing, join our telegram here - [https://t.me/howtoearnbitcoinonline](https://t.me/howtoearnbitcoinonline) Bitcoin payments can be requested instantly via faucet pay - [https://faucetpay.io/?r=169458](https://faucetpay.io/?r=169458) Get paid on every single page view, upvote, comment, likes, referrals and more! Learn more about our payment system here - [https://bitcoinforums.me/about](https://bitcoinforums.me/about)
r/altcoins
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r/altcoins
2020-04-22
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r/altcoins
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r/altcoins
2020-04-22
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r/altcoins
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r/altcoins
2020-04-22
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r/altcoins
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r/altcoins
2020-04-23
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r/levantinewar
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r/LevantineWar
2020-04-23
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r/altcoins
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r/altcoins
2020-04-23
Z0FBQUFBQm03SVg4VGhXaDRMSVlydkljLTVzWUltYU80VUxGZk1pSFg3ckhmN1RaeHVRMDdDOWRmU3lEb1NrczFzY2wxQVBtd2VKa0QxUUd5TUxWR25KZFlabExCQlRHRnc9PQ==
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I was also wondering why trezor does not support every coin. are some of them not ERC20? or how does it work? how do I invest money into iliquid garbage coins ;) and safely store them?
r/altcoins
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r/altcoins
2020-04-23
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r/wikileaks
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r/WikiLeaks
2020-04-24
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r/altcoins
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r/altcoins
2020-04-25
Z0FBQUFBQm03SVg4LU9jcW1WYi1BTm5PRXV1eUJfSHF5TzRpV2pRWllVYVZSU3NPSTZZUk5kTnFJUVhrSGhCdGQ4QWpzU003Rk9wQS1aWGRNTVo5a2M2RkJpYWI3ODAwTWN4WFlvcklwb3hDcmN0UUJlT0l3YzA9
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r/altcoins
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r/altcoins
2020-04-25
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r/altcoins
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r/altcoins
2020-04-25
Z0FBQUFBQm03SVg4LVBQcHFFVlRuT2Rheno0NG5qTklGaE54VnpYS2dJd0kwNUktN2dMTWo4U0FEZEZnMEczc1EzZXVXbUNRUUNOWE1UWkpZOUVnbm5XUjBFMmNTUE00Mmc9PQ==
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​ [''Youengine''](https://preview.redd.it/1mawc5xkm5v41.jpg?width=600&format=pjpg&auto=webp&s=88e2ed03551bc764d97eed786d3689727ff200b1) [Youengine.io](https://Youengine.io) is a decentralized advertising platform, token where more than 200 million advertisers connect with 4 billion paid users to view ads.please join me in a great project hey. Info: [http://youengine.io](http://youengine.io/?fbclid=IwAR1jfWL7lW8Ze_lHxMkK0TVVfg5mtY72OvNHLSlBfYIJCsAdDlLoiT32yXc) [\#YOUengine](https://www.facebook.com/hashtag/youengine?source=feed_text&epa=HASHTAG) [\#YOUC](https://www.facebook.com/hashtag/youc?source=feed_text&epa=HASHTAG) [\#blockchain](https://www.facebook.com/hashtag/blockchain?source=feed_text&epa=HASHTAG) [\#crypto](https://www.facebook.com/hashtag/crypto?source=feed_text&epa=HASHTAG) [\#cryptocurrency](https://www.facebook.com/hashtag/cryptocurrency?source=feed_text&epa=HASHTAG)
r/altcoins
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r/altcoins
2020-04-26
Z0FBQUFBQm03SVg4MGRYaTNYNzNhYlhuamY4djZ4YWo2YmZPOGNVQmgzRm9UM1F3cTRSZ0ZtQ3pGUWRqMnZ6d1VUT0xDQkdENkNaUV9MZC1va2k3TXpJYUxVMEJfcGpjanc9PQ==
Z0FBQUFBQm03SVhUS3NTQjFka3UtRGNHTkFQNE9zLTh5MUlrU0JaelBVcHQ5UkhyWVU3VWVPZVA2X0t2bngzV1lMNi1lc1pVdEtHVmRWS1A2MVpSbHUzM3RVVmdZc2drdmRGeDBVYWJITDZsZ0EzV19rZFZqZ2NBMDNZSzZWYmI2RXFFS0kzc3lyUDE5SFphTHIxZVBGTFllZjhyZ0hZQ0ZTakFNeWtkQVdrVDA2anVOWkwzb0hzTDF6Sm9vRTU3LTYxdjlHZ3VfYUVW
Hey all, I'm starting my own import export business in Australia. I have a strong connection with China and can source quality products. That to me is the easiest part. I have done research about what could be good to import, but I lack the clients. My business model is focusing on importing for other businesses with a plan to later expand into importing and being a wholesaler in the future. The thing I would like help with is how can I find clients that need my services? Alibaba and other similar sites just connect me with a supplier, but as the middle man, I need to connect with businesses that products. Thank you!
r/internationaltrade
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r/Internationaltrade
2020-04-27
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Z0FBQUFBQm03SVhUSFhNSzVkUXZORXNvekFpRXZBVERXVGJ5UnBqVi00dmJ5QVVRWW44TnYyTGstbS1pdVhUeUhUVVdEbV9MQlBEMkZieHIyRnV6UWJrdFk3V0Z2N2dSdUlVcG9GQ1FDY3dsZkZENDhpbTV2WDlmMnBadWdJc3FfdEY5WWFndnFHUUxxR1V3bk1SWUJJbllydF93LThHdEl5SDJpTGhTVjU0LTBlQmNQNkx0a0k1cEYwd2tObUdvX2tTSzVyaF95RkRJ
A very attractive project for long-term investments! A well-designed roadmap, transparency and predictable growth - all this does not leave anyone indifferent and does not miss! Definitely worth taking part! Good luck to the team! Info: [http://youengine.io](http://youengine.io/?fbclid=IwAR1jfWL7lW8Ze_lHxMkK0TVVfg5mtY72OvNHLSlBfYIJCsAdDlLoiT32yXc) [#YOUengine](https://www.facebook.com/hashtag/youengine?source=feed_text&epa=HASHTAG) [#YOUC](https://www.facebook.com/hashtag/youc?source=feed_text&epa=HASHTAG) [#blockchain](https://www.facebook.com/hashtag/blockchain?source=feed_text&epa=HASHTAG) [#crypto](https://www.facebook.com/hashtag/crypto?source=feed_text&epa=HASHTAG) [#cryptocurrency](https://www.facebook.com/hashtag/cryptocurrency?source=feed_text&epa=HASHTAG)
r/altcoins
post
r/altcoins
2020-04-28
Z0FBQUFBQm03SVg4WHQzM041WFlGVWhNOWhTN2h1SF83ZlctVzREeEtHb080cWh6YXYtb0tsZk9ZSmE0N1dkU3dYclZjLVBVcGtjM2kxRlhzOHJEb3ltcGc3VkJuNlg2bEE9PQ==
Z0FBQUFBQm03SVhUd3Z3N1BqZW1UYjJVOFNvWm1XSjlGQ1BHWGozOWNWTnB0ODYzMDJRT2tmb3p1aDZUREdWQ1k5UDFqdTZNOVFBT2Rnai1SUU1wdnhvZkVZb3N3MEdCSTJHNEdOLWZyanA2TXVsMmN6SDRtSmdiR25qMDVRSzJzd1d1Uzd3SXRxV3hvaFZKQmFjZWgxam5XZ1FCakZwWGFIaGpnMGtNbWloNXdSdC1EYWpCWDBZPQ==
r/altcoins
post
r/altcoins
2020-04-28
Z0FBQUFBQm03SVg4dUdWWDYtNHpQV1p2U2poY290YTQ0MjZCaUlvTmEyMXZzU1prM2JBY0ZjRWJTQzU5ZDVMLVIzdXMyNmFvM3AtS1I4dU5GWTJnTjdEMmNpWEhTbVRiSVRHbktacW1FbTlmdUxuVTEwVC1SaDg9
Z0FBQUFBQm03SVhUSFFOTlpEa012WkxlWWtpekxXRFVibXppSkNUZ3RybDJ1WXlzS3BLekplSnA3VHJMcEljODAzeWRDMU5JSVB4N21DQlp1NkRJQUtOeTZmQXE3eURRVjVUaV9MOVlab21wcGlabjNkV2V5clVVbjJ3bnh2YXJCdDJ2Y2ctZ0FzWlpaNUhndWF5UjZUMjc2YWZaZ0xrc0lwbThoNUFNSktuM3c2cDM2Q1lVR3Vfb3RzZ1AxZU5rUFZhR1k1RUE3UTRpbk4wTmFJLXZKbGpSdXZZMTZ4dDRqQT09
They wouldn't have a choice, Kim Yo-Jong's risen through the ranks and is acknowledged as the successor by the DPRK's elites. The North Korean people don't really get a say in the matter. Even if they did, she's also Kim Il-Sung's child and Kim Yong-Un's sister, so she's already part of the divine Kim family.
r/globalpolitics
comment
r/GlobalPolitics
2020-04-29
Z0FBQUFBQm03SVg4d0pnRlU2aTBRbm95RUxvZ0I4UjdvZWhpOUNQU3R4SFc2ejNzRjVvbUEtc0NIUk9nMjBOalFpVlJwYlU3b2RCRTBkaXNDMXo3TlRhTWdYNWFDTzVfcHc9PQ==
Z0FBQUFBQm03SVhUa2V4WTE2bzFPaFlKN3ZNeEZBWWhsQVM5TDN2WUxXT25Cc25YOHVMNnBEQ2lXQnd2WUNkWEdVNm9rWC1hUzVhWW5QRkgyQVc1Q0JuMDl5bGNfLWU3UWxNR3UwMVYtSWptcE9WdHhhYjVLT1paMXJHV3pWRkZKNzJQajBBcnRnZEFLem90RWEzZk1ZYlVwUjBqejdQeHppVmdfRHZ3UTQ4QVdvVnVLTFJHa3FJVW8wOHU2bWU2REdZa3dyTWF0RzQyTlhhTGVBYmo2NGZyNElzT3dsYkU0QT09
r/econpapers
post
r/EconPapers
2020-05-01
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Z0FBQUFBQm03SVhUZjBFYXQtOXp2Z2NKYXJqSFpocXk3SkZXMzRXY2tZVVp1Zzlkb0c4NHZPb09wVDNSMzZaeS1xTnktbkhUaEFLUFNrZW1Rd0FHaUtVNklCX3ByZlVDWS1XYXZQY2hESnVFT0VFRW5JZFhaMlRmcDBfbWpUQWpTSGk4YTA1aThLbmJ3aGJrQlFrTXlPSGxLWktucFE3ajMwdmxVbFIwcUJwcC1hN3BnMHBsN2JvPQ==
r/econpapers
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r/EconPapers
2020-05-01
Z0FBQUFBQm03SVg4RGVWVFNlM0YwWnpiRmVLR0h1WEZBN25tRW9pU3BtV2hqSnlRQ0U3ZVZzM2U3cWVtR09yckhZdXNfbVlsUnc5R1l5ZlZWaHFDTnpuQzNuR3FuSnI2amc9PQ==
Z0FBQUFBQm03SVhUZ0hBOW5JT0c2SUZCU3YxNzFSZEwwdzROZTBTMnQ4dE41TUpyVnJPYjEtLXVtQkxQb0ZxOXBsNURTdGZackxHME1pWVJYRFo3YVAwcTQzMTB1c1pTT3VxQ1kxX2ZqVzc0MVR6Y19VemJaS3lzajJTcEUyMzkyV3hDU3JjTHBLWUpGbEhTaEZmeXQzX2ZZbl9qTzJUVnk2YVZocTVYcDRTalp2NVhOZW5IdTdZPQ==
Any interesting papers that would use/focus methodologies that can be used in analyzing immediate policy effectiveness? Let's assume I have a dataset consisting of fiscal/monetary policy responses and non-pharmaceutical interventions to the COVID-19 crisis in tens of countries. How would I go about analyzing their effectiveness in terms of, e.g., GDP growth (other variables also possible), in short term? What would be suitable methodologies? Let's say I would have quarterly GDP growth data up until Q2 2021.
r/econpapers
post
r/EconPapers
2020-05-01
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r/econpapers
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r/EconPapers
2020-05-02
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Z0FBQUFBQm03SVhUWmw0MEpCR2RWbEswczRFWWRDVDE2ZjJpcXA5STdqdmwtVExLbENxeVVRanhfU24xamlhY19VQzN6TFBpMDhsSmswMng5NHZMbFJOd2RXbEM1bmVvRmtHWWNGRk5BZU1oOUhEbUVYSEF2VXpyN3FGTGVOWjZUTUZDWDVTbUlFa3AtN1R0eV9WM3VLQU9MajRWVll2N01wd1l3dW4yRnBfeWx2NG9hWmtITE9RPQ==
[https://www.youtube.com/watch?v=8\_zUL4lU89c](https://www.youtube.com/watch?v=8_zUL4lU89c)
r/illegalimmigration
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r/IllegalImmigration
2020-05-04
Z0FBQUFBQm03SVg4cWJnOFlHM2xBWnRGVVZSNUN5c2w4RXI3ZmlhRnRfV3VESFJaOWo0Vl94QzFxdTVuSS0xMUtwMVBMZEhzS0xWdVRlREFGSWVCU3Z0eHlBTU5OZEJlUWc9PQ==
Z0FBQUFBQm03SVhUck1XQXZsS1Z1SEhPeWhYYUdSaE5yNE91MVZNUnhFUV9rLWhKTnh4dnlXS2pJbzFTTUh2Njd0Y0M0QnBjSHI5bWI2ZUNUeFB6ZmNROHMyYXZqM0ttWXY1Z296NDg3TXM4cmV5aEptLTNxaXIwb1dFS2JxTmp6bFRsdlBoUndGSVgyb1JGNEdQckNSMlJGN05WbENlbXFZcWszN3ZuNDlwX2huY240eUduV0llUTBON2xUNDZfUkp5eGhsYmVnYVFk
r/econpapers
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r/EconPapers
2020-05-04
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Z0FBQUFBQm03SVhUbFdhNnpBMld0b2dSaDJmNXY0djZNdTJNMFNscG9uWG15RkF6T0ZaYnpxX1FjcWtPa2h1VnhTOUtvSkJGaEdDQ3lWUlJIVG5RNmxxWS1HMDgtNWwzNWQ1YjJOeTlEQlNMTGxLOUhfUV9SN0NyNlVhTk5tRlZOcF8yQUxSMTJXUnhZSFhDT0dJSGF5amFlUEhIaUR5cW82TWw3YUlZWHpfNFlQSmZVT1FNUnoxbXNKSUx4cFNLb29CZ2lBaWVUdG4tZVRLWmc1WngwQU56Q2V1SkNhQVlFQT09
r/latinamericanpolitics
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r/latinamericanpolitics
2020-05-04
Z0FBQUFBQm03SVg4dDE1OHhDNXdEMlc0RUxUNVZiRDRCVlRaTWZ2a29Dc1RCSG9qc0tLaURPb3R0RzJwam45UjkybEVSdHplRTQwNjg3R1ZodExISU1iUUN3NWc5RkltMkE9PQ==
Z0FBQUFBQm03SVhUcFdBMEtvQlhoSWZwOXBfQnI3Mmp1UnJyTHlwaHlCa1BFVjlaWnhINmg1YUpURkFoUjNFLXJ5c04ydTBjczdfZkREWlZNOG5HTVk3NWJFU3c4MW5WOVdMQ3lrNnYyX0F2ZW9KMkRSSVhWVTRCMmJZQU45bkQ3dXc4NWUxLTg2WFF3d2lXN01wSmJidnVvY3ZTcTRoa2RhejVmUDNMU1VmeHZrSXktV1B4c2tUZk5YNlczYjl2ZnJNRV9tT1ZTdTlHZGVOMVJMSHE4NElxSDgyRjY0eXctbk5jb2NOejJlZjlyenZaNk94N202ND0=
I’m guessing his is gonna be the new r/worldpolitics
r/globalpolitics
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r/GlobalPolitics
2020-05-06
Z0FBQUFBQm03SVg4T0VFYU0tZTQzdExQeEVSeTJsUHBTQVpfTDQ5SUszM3JaLXFnWTl2bmozaHFkWEMtVkZtNU90aHdXVXJPZXNnaDE2ejFkYng0VVFlaGYxdWg2OXFuYnc9PQ==
Z0FBQUFBQm03SVhUMlduYU95QmdIUWhIdGdFclhjeDN0Z01WWXZFTnk5VUR6UEZibnJCQnhUS0UzOVlzdDQwTnN5R1dOQ2s3alpnNDVXaWdWc1VKMVk3SkIzS1lkMEFodkNOVjhuSWNiRmVETDlJRVAxYzlQNExWbnBrYjVjT3MwMFZHNnhnVlp4OW9XLURPQm9XQXczM0NMU0ltVy13TEZYalRTUFNKNFFDWW9BWUNwbXdHVGVmOXNwWWtRenJKcHlrcXNGVER2dTJUWDFuSU9maDgxbkVjZkxOamFic2dPZz09
**The Evolution of Monetary Policy: Age of the Bailout** In the years leading up to 2008 Wall Street had been celebrating massive gains; top finance executives were awarded up to $53 billion dollars in total compensation in 2007. Lloyd Blankfein, former CEO of Goldman Sachs, made $68 million himself. These profits were the result of financial innovations and financial derivatives, specifically mortgage backed securities (MBS). A mortgage backed security is an asset backed security which is secured by a collection of mortgages. The mortgages are aggregated and securitized so that investors can buy them and receive periodic payments similar to a bond’s coupon payment. Mortgage backed securities were doing so well in the years leading up to 2008 that lenders were running out of people with good credit to lend to. Everyone was buying and building houses so much so that the real estate market became a bubble and all the prices inflated. At first everyone was celebrating the gains in housing prices, since price increases generally meant profits for home investors, mortgage brokers, and even big banks. Not too long after the party, the real estate bubble burst. Everyone was immediately impacted; mortgage giants, Fannie Mae and Freddie Mac, were on the verge of bankruptcy. Some of the biggest investment banks in the world, each having upwards of $10 trillion assets under management, such as Bear Stearns, Lehman Brothers, and Merrill Lynch were about to collapse. The whole financial sector was in shambles. “In a period of 18 months, Wall Street had gone from celebrating its most profitable age to finding itself on the brink of an epochal devastation.” Banks were heavily involved with mortgage securities. Most of these securities were financial derivatives which means they derive their price from an underlying asset. “Banks were creating increasingly complex products, many levels removed from the underlying asset.” The first bank to really be shallow waters was Bear Stearns. Bear Stearns was a global investment bank whose main area of business was capital markets, wealth management, and investment banking. In 2008 Bear Stearns had roughly $13 trillion in derivative financial instruments, $2 trillion of which were in options and futures contracts. The company had a highly leveraged balance sheet with a lot of illiquid assets that were potentially worthless. Bear Stearns was the seventh largest securities firm in the world. Since their business was highly intertwined with other huge financial institutions, their potential collapse would be detrimental for the global economy. U.S. Treasury secretary Hank Paulson knew that if Bear Stearns and Lehman Brothers collapsed there would be a domino effect across the financial sector and other huge financial institutions such as Citigroup, Merrill Lynch, and others would fail while consumers would start to lose confidence in the banking sector, more banks would be subject to bank-runs. In order to prevent the worst from occurring the U.S. Treasury Secretary put together a task force which included Jamie Dimon, CEO of J.P. Morgan Chase, Ben Bernake, Chairmen of the United States Federal Reserve, and Tim Geithner, Head of the New York Fed. After pondering possible loans and other solutions in order to rescue Bear Stearns, they deemed that there was no way to save Bear Stearns. This is not because of insufficient capital but because confidence had been lost in Bear Stearns. J.P. Morgan Chase ended up acquiring Bear Stearns for $10 a share, much less than their 52 week high of $133 per share. After Bear Stearns fell the next bank about to collapse was Lehman Brothers. Lehman Brothers was the fourth largest investment bank in the United States. Its CEO at the time Richard Fuld blamed the declining stock price on short sellers. However the short sellers argued that the way Lehman viewed non-liquid assets such as mortgages was disturbing. Fuld refused to accept that the bank essentially had a bunch of junk mortgage backed securities on their balance sheets and tried to solve Lehman’s liquidity problem with more cash. He reached out to Warren Buffett to try and secure a loan, but Buffett said it was too risky. Richard even reached out to the U.S. government for a bailout, but Treasury Secretary at the time Henry Paulson refused to bail out Lehman with public tax payer money and instead said that the bank must secure funding from the private sector. Paulson gathered all the CEO’s of major banks and told them to come up with a solution for saving Lehman Brothers. Likely contenders to buy out Lehman Brothers were Bank of America and British bank, Barclays. However neither of which were willing to take on the Lehman’s real estate assets which were basically worth half of what Lehman was valuing them at. After failing to secure capital, or merge with another bank Lehman Brothers filed for chapter eleven bankruptcy protection on September 15th, 2008. Chapter eleven bankruptcy protected some creditors and most employees. In the bankruptcy agreement, Lehman Brothers’ shareholders paid the ultimate price and watched their fortunes from a year prior be worth a fraction of what they were. At the same time Lehman Brothers was crashing, insurance giant American International Group (AIG) and mortgage giants Fannie Mae and Freddie Mac were tumbling down cliffs of their own. James Lockhart, head of the Federal Housing Finance Agency (FHFA) issued a plan to make the two mortgage giants into a conservatorship as government sponsored enterprises. The two mortgage companies were now and still are U.S. government enterprises who facilitate the secondary mortgage market. The United States Treasury Secretary, Hank Paulson, as well as Federal Reserve Chairman, Ben Bernanke, both agreed with the housing agency's decision. On the other hand, AIG executives were assuring everyone that the company was in sound financial standing. At the time, AIG had $1 trillion in assets and roughly $40 billion in cash. In addition, executives argued that they had an extremely profitable business supporting insurance on collateral debt obligations (CDO). A CDO is a financial tool that banks use to package individual homeowners, credit card, and auto loans into securities sold to investors on the market. CDOs at the time were mainly used to refinance mortgage backed securities.. Most of AIG’s business was traditional insurance products such as health, life, and home insurance. However during the real estate bubble the company began taking a lot of risks in the form of credit default swaps (CDS). A CDS is a financial exchange agreement where the issuer of the CDS will compensate the buyer if the buyer’s asset defaults (similar to investment insurance). Essentially investors were buying credit default swaps as insurance for their mortgage backed securities. Once the real estate bubble popped, everyone came to claim insurance for their MBS that just went bankrupt. AIG had over $500 billion in subprime mortgages on their balance sheet. Its officials were revaluing credit default swaps and losses started to pile up at AIG. By May of 2008 AIG had suffered a first quarter loss of roughly $8 billion, their largest loss ever. Hank Paulson knew that if AIG went bankrupt it would trigger the collapse of financial institutions that bought these credit default swaps. As the MBS tied to the swaps defaulted, AIG was forced to come up with the capital to repay their investors. Shareholders started dumping their shares which made it even more difficult for AIG to produce the capital it needed. Even though they had the assets on their balance sheet to cover the losses, AIG could not liquidate them fast enough before the swaps were due. It was clear that they were about to go bankrupt. Hank Paulson and Ben Bernanke did not want AIG’s huge influence to hurt lower and middle class families since AIG sold lots bonds, annuities, and insurance products to these people. An AIG bankruptcy would’ve hurt lower and middle class families as well as the whole financial sector which owned credit default swaps issued by AIG. They were just too big to fail. So the Federal Reserve along with the U.S. Treasury planned a bailout of an $85 billion loan to AIG. To put that loan amount into perspective, “Eighty-five billion dollars was more than the annual budget of Singapore and Taiwan combined; who could understand a figure that size.” The loan itself was not enough to calm the markets. Investors were left puzzled as to why the federal government would bailout one company and not the other. What were the rules for a bailout? Did Hank Paulson’s background as a top executive at Goldman Sachs have anything to do with the government allowing Lehman Brothers, a competitor of Goldman, to collapse? These questions forced Hank Paulson, Ben Bernanke, and Tim Geithner, president of the New York Federal Reserve Bank, to come up with a solution to calm confusion. Now with the whole financial sector on the verge of collapsing the Treasury and Federal Reserve came up with a fiscal policy to purchase toxic assets from nine of the largest financial institutions in order to stabilize them. The institutions include J.P. Morgan, Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, Bank of New York Mellon, Merrill Lynch, Bank of America, and State Street Corp. The program to bail them out was known as TARP. However congress was not too attached to the idea of bailing out Wall Street. Republicans saw a bailout as socialism creeping into the United States, and Democrats saw it as Paulson bailing out his Wall Street buddies. Congress voted against TARP and the Dow Jones Industrial Average fell roughly 800 points that day. Paulson, Bernanke, and Geithner went back to the drawing board. Now desperate for a solution Paulson decided to follow the advice of his assistant Neel Kashkari, which was to purchase equity in the nine largest banks in the United States. Paulson reached out to Sheila Bair who was the head of the Federal Depositors Insurance Corporation (FDIC) and told her about the Treasury Department’s new plan. Sheila agreed to increase the nine bank’s coverage limit. Without wasting any time Hank Paulson, Treasury Secretary of the United States, called all the nine executives together for a meeting at the NY Federal Reserve. “It was the first time - perhaps the only time - that the nine most powerful CEOs in American Finance and the people who regulate them would be in the same room at the same time.” Without knowing what the meeting was about, the CEO’s of all nine banks had shown up. To stress the severity and seriousness of the meeting, Paulson had brought along with him the Chairman of the Federal Reserve, the president of the NY Fed, and The head of the FDIC. Paulson unveiled his plan to purchase up to $250 million in preferred stock in the leading banks in order to stabilize them and restore confidence. He strong armed all of them into taking the deal even though a few of them claim that they did not need the capital, such as Wells Fargo and J.P. Morgan. He also informed the banks that the collapse of Lehman Brothers will spillover into other banks, Merrill Lynch was of most concern. Paulson agreed to let Merrill get bought out by Bank of America in order to save them. They were sold to Bank of America for $29 per share or $50 billion far from their 52 week high of $88 per share. The banks had agreed to the deal and so did Congress on October 3rd, 2008 President George Bush signed the TARP program into law. The program normalized the big banks and brought back investor confidence in Wall Street. The following year, President Barack Obama introduced legislation that would transform the whole financial regulatory system. This act was known as the Dodd-Frank Wall Street Reform and Consumer Protection Act. One specific provision known as the Volker rule forbids banks from making speculative investments that do not benefit their consumers. This type of overhaul has not been seen in the U.S. financial system since the Great Depression of 1929. In regards to the subprime mortgage crisis, the United States’ Congress, Treasury, and Federal Reserve acted appropriately however they should have acted more quickly and effectively like Jerome Powell’s Federal Reserve has during the COVID-19 crisis. Some say because of the catastrophe in 2008 and the lessons we have learned, the U.S. The Treasury and Federal Reserve acted the way they did in 2020. Thus far, they both have combated the current financial market crisis with immediate action. If the Federal Reserve and Treasury could’ve bailout Bear Stearns, Lehman, AIG, and Merrill Lynch the way that they bailed out Boeing, that would have been the best case scenario. In March of 2020 Boeing Co. the airplane manufacturer went to Washington with its hands out begging for a bailout. The company had spent $50 billion on stock repurchases within the past year and now was asking for a $60 billion bailout. Instead of giving the company a direct handout, the Federal Reserve boosted liquidity in the credit markets by purchasing corporate bonds, thus, Boeing was able to secure $25 billion from private investors via the corporate bond market and withdrew its original request for a government bailout. Despite the 33 million unemployed, many people are applauding Jerome Powell and Steven Mnuchin for quickly passing emergency monetary policy measures. Like 2008, these policy measures have insulated the financial markets from total ruin. Author: #$%\^#\^%, Economist Editor: @#$%!\^&\*, Attorney Any constructive criticism, feedback, and opinions are greatly appreciated.
r/econpapers
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r/EconPapers
2020-05-09
Z0FBQUFBQm03SVg4aDJDWXNoMjZtX0dESnZsaFdCaHVTUllHaXk4RnFDNi1WREJMV3o5UzZxUUZ4OWpXZkh5dFk4eFMxRXE3YXNKaEdqY1BXaXNIOV9JelNVbXBUSHJpdUE9PQ==
Z0FBQUFBQm03SVhUdnN3WkEtYk9TZHMwZG40ZlFjZlRhc2dMLVgtLXB4QzJCS1Yyb0psaU5qelJ4ZTF6TXhfMVhxY0pqTDZVWWszSHAweU9UWHV3MldpUzI4WFN5bFJGMDhvM2pkUUxxRmY1X09YaWJmOWpYVEM0TUZFUnpNTVdaSDZrWDlkU0lwb2dDUUxoVUZPZVA4T201SXMyOFNQcFgzeHRfTE1JNF9wN05MVGN0OTFoeDl4YzduVmtLdFp2VE1Ta3NMVmhzc3p0
r/levantinewar
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r/LevantineWar
2020-05-09
Z0FBQUFBQm03SVg4QjFnYzM0UUkwNVc3Q0JFc1R2RFB4d3l5aGpmQTNOR29xbHAyekFaSXRTZlNLVjJFVXFuZDVFYkhoczR5T0s2R1hkS2xQLUFwdksyVzRNeHhZWEVKdmc9PQ==
Z0FBQUFBQm03SVhUVmNBLTU1UVpybjd5UE1vdVBOVFN0MUZfeTdBSjFVNFdJdERqZ3ZndWN6RXNFTVhVbDQycFROVWphd0k2X0R3RTU2WURJQjdVcTRWWlVfc0tlNDJDaVhkSFdEM3lTZXBPLXFER2Q1T1d6d0VQcHBIanVJWmdkTDhuaVMwREJpYVdMdnIxUFFMMHRsYkhwTXZXWXBKQlczOHdkZW03clFGT2NVUnhqS2taUDZrSU5hNjVRS1ZfMVk1WGVlYTJvWHNmN0NuaTBCSDFoV0lKTE1HSzJBV1NIdz09
HOUTHI INCOMING! YEEEEHAAAAW! WOOT WOOT!
r/levantinewar
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r/LevantineWar
2020-05-09
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r/econpapers
post
r/EconPapers
2020-05-11
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Still interested in suggestions?
r/militarystrategy
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r/MilitaryStrategy
2020-05-16
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r/econpapers
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r/EconPapers
2020-05-17
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Of course :)
r/militarystrategy
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r/MilitaryStrategy
2020-05-18
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I was in the same position when I was young as you are now. What I would tell my younger self is to stop poisoning your mind by starting with reading tactics and stategies and instead start with the real basics: You start with Logic & Math. Sounds dumb I know but the first things you should get a grip on are probability theory and game theory including heuristic. If you understand the processes and concepts behind it you learn how to get a grip on uncertaintly, stategy and decision making with insufficent information. Something I would call the grand fondation. The next thing is to estabish a critical mindset, questioning everything. Everything. Whenever somone presents you a concept you should strife to take it apart until you understand which core assumtions its based on, what its limits are and what cababilites it has. Personally I think Math is perfect for that again as by focusing on practical apprications it additionally deepens your understanding of things and happenings in the world. Then you start playing games which circle around ranged combat. As different as possible: Go play Airsoft, play strategy games, play shooters. There you push all the thing aside someone told you, you read or else. You purely focus on what works and what not and play concepts around it to why. By interconeccting a wide variety of games to a bigger picutre of understanding a net develops that now can stand some literature. Now is the point to decide what you are interested in and get literature for it. A would again suggest variety as it help to not get biased and be more open minded. Or maybe you cant really decide then you might want to start with classics like Clausewitz: On War, Sun Tzu: Art of War or maybe something more concrete like Infatry Attacks from Rommel. When you do all that and then start studing one book after another time flys by and it wont take long until your hit your legal age. Since your interest held so long and you proably build up a quite decent understanding of military tactics you might want to consider to enlist and become an officer. Here you have it. My life plan for you. I hope you put it to good use\^\^
r/militarystrategy
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r/MilitaryStrategy
2020-05-18
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r/econpapers
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r/EconPapers
2020-05-18
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r/levantinewar
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r/LevantineWar
2020-05-20
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I woke up this morning to see this being sent around at the college at which I work. I am absolutely disgusted. This is why the Democrat Party needs to be DESTROYED in November. [https://budgetandpolicy.org/schmudget/its-time-to-include-undocumented-immigrants-in-state-response-to-covid-19/](https://budgetandpolicy.org/schmudget/its-time-to-include-undocumented-immigrants-in-state-response-to-covid-19/)
r/illegalimmigration
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r/IllegalImmigration
2020-05-22
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Hey I'm an econ and finance undergrad - since the academic year has now ended I'm looking for some good economics and finance papers to read over the summer. Any recommendations? Have you read any standout papers? Can be anything related to the field. Thanks
r/econpapers
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r/EconPapers
2020-05-22
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