Hi /pol/. I am a banker working at one of the largest IBs globally

>>132951737
Why you on /pol/

>>132951737
If I gave you how much money would I be promised how much return?

>>132951737
Nice LARP

>>132951875
>>132951848
this is copy pasta unless the same guy came back

>>132951737
define long term growth and prosperity, how do you see the world over the next 10 and then 20 years, if it were all up to you, the majority of everything is fine and right, right? Great even, there is private and there is government, and there is how they mix. The world is exactly in the state is it in. What are the most important things to look at and consider?

>>132951848

I'm bored and depressed from watching footage of G20 riots. I used to be a nationalist so I came here occasionally in the past

>>132951875

I don't do that stuff

>>132951957

Ask me literally anything. I don't want to divulge any specific info but ask me anything about banking, no matter how technical

>>132952030
Weird

>>132952030
>I don't do that stuff
If I gave you to give to your company how much money would I be promised how much return?

File: 1499214842249.jpg (102KB, 768x960px) Image search: [Google]

102KB, 768x960px

>>132951737
look at me I am a border faggot that want to larp. kys and sage

>>132952030
>but ask me anything about banking, no matter how technical
How is making money from money not the number one most important and technical aspect of banking?

I hope you newfags realize that this is a larp.
Sage

>>132952026

In the western world, inequality is a big one, from automation/globalization. We need to figure out how to tackle it. Real compensation for everyone has grown since 1970 but the rich have reaped greater gains and we could definitely do some redistribution to everyone's benefit. Shit like a global coordination to avoid tax avoidance would be nice.

For developing nations, per capita output should be the big focus rn, especially Africa. That will drive other good outcomes

>>132952149

We don't promise return. Go buy a market ETF

>>132952238

You keep saying that but you have yet to ask me anything about my bank. Why would I larp as a banker? If I wanted to get people mad I'd larp as Antifa or something

>>132951737
For/Against Global Government

>>132952167
this freak makes me feel so uncomfortable, i would run away if i saw him in real life. i cant put finger on what it is

>>132952269
>We don't promise return. Go buy a market ETF
So what does your bank do?

Just hold money? In different programs that offer potentially differing gains of interest?
Does that come from loans? And a percentage of that comes to giving to investors to make investments?

And then there is also just giving people interest regardless. Oh, maybe just that, banks get the printed money.

"but I think socialism is the biggest current threat to globalism"

Kind of like how milk is the greatest threat to ice cream, right mr. banker?

File: 1499017471559.jpg (145KB, 936x728px) Image search: [Google]

145KB, 936x728px

>>132951737
Die

>>132951737


>Democrat

Stop shilling.

Bankers are not democrat, they are conservative.

>>132952650
sauce?

Why do you think your opinion matters enough to warrant an AMA? Sage.

>>132952558
does globalism mean, international governments and corporations, nation building, nation organizing, nation developing? At least always in parts. International utilization and mutual benefit?

Allow people from all over the world to have access to products made all over the world, to have companies from all over the world operate in any nation in the world, to make deals with them for their resources, and property, and labor.

>>132951737

If you understand how retarded socialism is why don't understand how retarded a global new world order would be?

It's basically putting all your eggs in one basket, except you also set up a system where the most deceptive basket available is the one you're using and all your eggs immediately disappear because it's actually a portal to a sociopaths fridge.

>>132952546

You're thinking more of retail banking. I'm in investment banking, we help firms raise capital and acquire other firms.

>>132952650

I'm actually rabidly centrist and I think the right wing of the Democratic party (i.e Clinton and co.) is where I belong. I would vote for Trump over Bernie.

>>132952558

Alt-globalization is retarded. Human rights are a meme

>>132952030
You dislike Globalism yet you are not a nationalist. Why is that?

>>132953067
>I'm in investment banking, we help firms raise capital and acquire other firms.
oh, so If I gave you how much money would I be promised how much return?

>>132952821

It's just a casual AMA if you want to know anything about banking. Hide the thread if you want. I'm just bored m8 this bitch is ghosting me and I have no plans

>>132952911

What's wrong with a system of globalized capitalism?

>>132953152

WTF I love globalism, globalism is my favorite thing.

>>132953214

We don't do it like that. Firms come to us and we act as the underwriter, helping them sell shares to investors, for a fee. There's no holding money or returns involved. We do market making and other trading as part of our operation but none of what you're implying

>>132953067

At your bank what BI programs do you use?

In your particular department where does your data come from? How do you consolidate information to run reports and analysis?

Also, what do you think of crypto?

>>132953497

Bloomberg is far and away the gold standard for information and data. I've been using it since uni and I'm still floored at just how much stuff you can do on it. There's a function called BMAP which tells you the location of any ship in the world in real time, and people trade off of that, its fucking nuts.

Some people use Capital IQ as well, it is similar to Bloomberg but not nearly as comprehensive (although it has some additional features)

>how do you consolidate information

Well it depends on how it's accessed and what I'm doing with it but the answer to your question is probably Excel. like all of our models are made in Excel, using VBA occasionally.

>what do you think of crypto

I wouldn't invest long-term in it and my bank doesn't touch it. I trade it on the side algorithmically

>>132951737
for computer science grad student from non-target school, i'll never make to ib, right?
my other impression was also that all top programmers go to bay anyway, so who actually do quant/cs stuff at ib?

what is the best stock to invest in for quick cash big money

>>132952030
Why aren't you an Ancap?

>>132951737
also, how long do you think current banking system will hold? i feel like QE was mistake to begin with, and eurozone will fuck shit up, so will chinese bubble. do yall talk in such macro terms, or don't really care, but only about hedging upto max 5 years?

>>132953912

I'm actually not sure what the recruitment process is for some of our more quant roles, but it's definitely less stringent than Bay. I know this because the school I went to was a target school for banking/finance but NOT for CS, and we still had Goldman come in to do engineering recruitment

>>132953939

UWTI :)

>>132954017

Market failure is a real phenomenon that occurs

>>132951737
is there a science to approving mortgage amounts ? first time buyer here

>>132954113
Yeah and? That's not an argument

>>132954113
what would you do if you are cs grad? i personally would prefer bay, even though i would hate such hipster culture, but for the sake of newest tech, and possibility of startup boom.

also, im gook with little bit of accent. will never make to white bois club.

anyway, do you even like your ib job? i always fancied econ job cuz i like macroecon and geopolitics stuff, but didnt even bother as im not white boi

>>132952539
Because he is an impostor.

>>132951737
Go fuck yourself

>>132951737
is it true that national currency is being borrowed and our national debt is to private owners of these money printing institutions?
Is fiat currency truly a fixed scam in which we are forced into competition with each other and the vast majority can never get out of?

>>132951737
Your first two thoughts directly counter each other, didn't read the rest. Who gives a fuck if you work at the bank.

>>132951737
>For the record, I believe Hillary Clinton was far and away the superior candidate
Could you elaborate? In what ways do believe she was superior? The election strongly suggests that she was an inferior candidate who had a poor grasp on how to relate to the electorate. She never articulated a reason for running beyond "it's my turn." You can reasonably argue her policies were superior I suppose. But she never articulated those policies in any meaningful fashion. Trump is arguably bad, but the fact that she lost to him makes Clinton demonstrably worse than Trump.

>>132954113
You mentioned you used to be a nationalist what changed, how did you flip from that to globalism, also why do you want all of earth to turn into a single big favela ghetto and end to all human progress?

>>132951737
Fake and gay. Sage.

Why do you prefer Hillary's economics over Trump's? (Apart from super obvious stuff)

It won't end. War can and would fix it.

File: jewishness.jpg (3MB, 1966x1895px) Image search: [Google]

3MB, 1966x1895px

why do you idiots believe in the kooky Holocaust religion?

so when the blockchain gonna turn all in AI shitlords that get literally rape women with our memes?

>>132954097

QE wasn't a mistake, QE saved our shit lol. Europe is recovering slowly but surely thanks to market based reforms. Just look at spain. Greece is the exception but they are beyond fucked

About our current system...

I want to say that it'll be stable since our economic arsenal is getting better with time. By that, I mean that the level of rigor employed is insane; the Fed probably couldn't have stopped a crisis of 2008 magnitude 20 years ago. Even now I foresee central banks moving into a NGDPT regime soon that further smooths out the business cycle and ensures financial stability.

As for big banks, stronger international standards, fewer information asymmetries make me optimistic.

Yet a small part of me is still scared as fuck that we're nearing another collapse. You're right to worry about Chinese debt, for one, and I think that contagion from that is something we need to prepare for.

I personally am really concerned that regulations will be rolled back a bit too far. Niggas wanting to ditch Dodd-Frank entirely is madness, I work with people like that, they are not nearly as calm and informed as they should be yet they are the voice lobbying against regulation.

Honestly though, we should be fine. Hopefully. Maybe. Probably, though.

>>132954119

Not my job, but I'm assuming it just depends on local regulation and your credit??

>>132954311

Lots of asians in finance, don't be discouraged by your race.

Idk what I would do as a CS grad. The world is your oyster. Find out what appeals most to you. If you like finance there are many ways to break in as a CS major. But if you prefer something like security or frontend or whatever, stick to that.

I do like my job, my bank offers protected Saturdays so I can safely plan things without having to be called in. I've also always loved economics so it's nice something related for a living. It's not a white boys club dude, if anything Asians are over represented. Most of my friends are Asian.

>Hillary Clinton was far and away the superior candidate, but I think socialism is the biggest current threat to globalism, the liberal world order, and long-term growth and prosperity.

OP, your the problem! You don't even know your the problem and that makes you even worse to society!

Same recycled thread...

>>132955268
https://www.youtube.com/watch?v=8YTyJzmiHGk
I landed on this video while back, was fairly convincing. I thought from the getgo that instead of QE, literal helicopter money,or massive fiscal stimulus would be better, etc. but whatevs. we'll see.

also, for job, what do you do? analyzing data and stuff? if that is the case, i think i'll just stick with bay, and do some machine learning/ai stuff b4 the bubble bursts or something. thx for tip tho.

>>132951737
Leave faggot.

Sage

Prosperity is a mistake. It makes people soft and cowardly.

>>132953878

So your data models and whatnot - is that something done at the individual/team level or does your department get application support on that stuff?

In other words, how much of your job is using data models/reports rather than creating or developing them?

Also, what is role, and at what level are strategic decisions made? Are you autonomous in being able execute your own initiatives?

>>132955268
Hey answer me mr pishposhmoneybagsberg i really want to know what your argument against nationalism is.
old question was here
>>132954899

Should I buy Gold, Silver, or Lead? Or what percentage of the three?

will London lose it Financial status once Brexit is in it's full force?

>>132951737

>>globalism

Why are you even here?

>>132956471
a pound of feathers is worth the same as a pound of gold

>>132954206

The state is needed to correct market failure due to information asymmetries, anti-competitive behavior and irrational decision-making.

>>132954782

NO NO NO NO. This is so not true, this is not what the Federal Reserve or any central bank does. This is a Ron Paul economically illiterate tool to convince you to join these weird movements that are all based on misconceptions.

Our national debt is owed to investors willing to buy it, most of whom are domestic. Sometimes, that is the central bank - the central bank often injects money into the economy by buying debt from the government. BUT THAT MONEY ISN'T COMMANDED BY SOME GLOBAL CONSPIRACY - IT GOES RIGHT BACK INTO THE TREASURY. This is a point everyone misses! It's literally just a money supply expansion!

>>132954851

Sorry. She was an inferior candidate. She had superior policy. But she was weak and failed to hit the same notes Obama did.

>>132952376
If you won't assert that you can give a specific return, tell us what function your investment bank serves that's better then buying index funds, or do you think there is no purpose. What do you think of efficient market hypothesis and if it's true what benefit is there for any specific individual or group to expend extra energy to gain an edge? Or do you guys gain an edge by cheating, insider trading and such?

>>132954899

Idk most of my friends were from diverse backgrounds and I realized nationalism is usually associated with shit movements that also support protectionism, social conservatism, etc. I still believe there is value in cultural diversity across the planet but time will flesh out a superior cultural mix (probably based on western culture). To that end I am a supporter of greater integration initiatives in Europe, for instance. Who wants multiculturalism when the other culture is fucking Islam lol

>>132954992

The super obvious stuff, lol. Way better for free trade, way more reasonable tax plan, way more reasonable regulatory plan, way more reasonable immigration, etc. etc.

>>132955146

:(

>>132955411

No, YOU don't know the problem.

>>132955712

Lol LKY rolling in his grave.

>>132955628

I'm not gonna watch this but I'm assuming he is pulling a Krugman and talking about liquidity traps and shit. I'm not educated enough to make an authoritative comment on this but I feel like that argument has a lot of Keynesian ideological strings attached. I'm a fan of market monetarism which suggests further unconventional monetary policy in a liquidity trap and is hugely supportive of QE. But again, I don't really have a strong opinion.

Also yeah I just make models in excel and pitchbooks and shit. It's interesting working on the stuff but nothing that requires super problem-solving skills like a CS job would.

>>132955804

On the team level, multiple people review/work on the same deals and have access to the same models.

>using data models

Well, we all use standardized models and do research to tweak them as appropriate. I don't make any new models, lol.

I'm an analyst, so I'm basically a bitch. I don't make big decisions.

>>132956539

Depends how Brexit goes, but probably to an extent.

>>132956471

Don't buy metals, buy real fucking investments my dude. Don't buy into libertarian memes.

>>132951737
Was Hillary your first choice in the election or would you have preferred other Republican candidates? How about Bernie vs. Rubio or Cruz? Bernie vs. Trump?

File: 1497915284087.jpg (59KB, 780x395px) Image search: [Google]

59KB, 780x395px

>>132951737
>Globalist
>Liberal

In Europe alone, you already have Germany forcing (or trying to force) Poland, Hungary and the Czech Republic to take in more migrants. You also have police forces cracking down and jailing "hate-preachers" and others who oppose these waves of rapey muslims like pic related, all just to keep the EU alive.

Now imagine that shit on a global scale.

>>132951737
Give me your thoughts on delcath (DTCH). Are they going for an R/S or are they getting a BO or partnership?

I think an RS would be premature, given they can file for a 180 day extension, which they can do after August. It wouldn't make sense to RS until they are forced to.

What say you, faggot?

>>132953067

>>human rights are a meme

So basically, why should anyone support you if you believe deep down in your heart that everyone is equally disposable and that there should be no protections, mandated by law, to protect the people either from oppressive regimes or financial corruption?

>>I identify with Clinton
And the reasons above are why Clinton lost you out of touch moron. You are not god, you work in an industry which makes a lot of money. You are not a king, you may lord over the people by manipulating government officials but you will NEVER be a king and that fact alone must eat away at your soul everyday. For all your fucking money, you will never be someone who another man lays his life down for and in fact- you are one of the most despised men in the entire country. You are a fucking sociopath but you have no power over anyone apart from financial manipulation. Must suck to be you. I have power over others and men die for me because I'm an officer with rank, something you will never understand is the IMPLICIT RESPONSIBILITY to others that LEADERSHIP carries.

>>132952539
It's the arms, the expression and the drastic difference in hair color between it's head and it's face.

>>132956975
apparently the video guy, richard koo, was one of the advisors for reagan, and full freemarketeer. just that he works for nomura, thus entirely different mind of thinking. it surely is interesting to learn a thing or two from japanese perspective, of which europeans utterly failed to do. anyway, thanks for info. im off to bed. good night.

>>132956975
So you think the immigrant masses flooding into the old homogeneous white nations will adopt the more rational and superior western culture, considering your cosmopolitan work and past i suppose it's easy to support that conclusion. I hope you're right instead of destroying all progress western civilization has made during the last 2000 years.

What about IQ differences though, you're not one of those people that thinks giving abbos education is going to make them into rocket scientists are you?

>>132956984

I lean liberal/democrat on a lot of things (gun control, foreign policy, etc) so she was my first choice, but I could see the merit in Jeb!. Cruz is too far to the right. I don't like Rubio. Trump over Bernie.

Bernie was the worst in this election, because in addition to being an economic illiterate he and all of his supporters always think they're on a moral high ground

>>132956907

I was told in school to believe in EMH and I still support it vigorously. Notice that I don't tell anyone what to 'buy'. I just think you will never win.

Again, we don't do investing, that's not what we do. You're thinking more asset management.

with EMH, the winners are arbitrageurs with the fastest connections and super hyper nerdy quant Rentech types that identify next level inefficiencies us mere mortals can't comprehend

>>132957110

Literally 0 fucking idea my dude. Is this some WSB meme penny stock? I've never dealt with it before.

>>132956817
>NO NO NO NO. This is so not true
How so, you seem to say the same thing in you next paragraph.

>Our national debt is owed to investors
Who are privately owned institutions, who have somehow been given national bank status and granted the exclusive right to buy these debts, that can effectively never be written off, unless the whole country were to declare bankrupt. Is this not true?

And also, does this debt not exist, because our currency, a tool for trading, was lent to our system in the first place? The ever increasing debt resulting from this has now spiralled out of control and cannot possibly be repayed, hence making the actual situation for somebody born into this system, assuming not into a family with massive wealth hoardings or even ownership of parts of this national debt, an insurmountable disadvantage. With none of the trading tool he needs available to him and the state that might have provided him with startup assistance so massively indebted, it will just need to service those debts before giving any funding to its citizens, he will have to borrow at huge rates to even get access to enough of the trading tool (money) he needs to start any kind of entrepeneur venture of his own. Is this not true?
I

>>132951737
just leave you big headed ginger nigger

>>132957812
based Japan

Don't bother arguing with this guy though, he's either clinically delusional, really hardcore god-tier troll or a legitimate textbook psychopath.

>>132957701
Its not formally a penny stock. Once valued at $2k+ a share. I threw $50k @ 0.02 a share. Currently pulled a lot of money on it. Since you're connected to overpriced Bloomberg, I thought you'd be more informative.

Currently up $300k, $50k above my annual salary. Although, I want a fucking yacht, and am a greedy pig that wants fuck you money. Also lots of cocaine and hookers.

Real post, not a larp... Although I have been drinking.

>>132951737
What's your position and how many years have you been in IB?

>>132957504

Good night niqqa

>>132957567

I mean, in some places we see that happening. There are cities in Canada and the United States where integration and multiculturalism exist successfully. I agree that European immigration policies are naive and not as well thought out as they should have been. If there is a long-term, quantifiable harm from immigration then countries will stop permitting it since it will make them more competitive. So you can't really lose, either way.

I think IQ differences are overplayed. Like in IQ and the Wealth of Nations, I find it hard to believe that the average IQ in Equatorial Guinea is 57 or whatever. I think that the majority of variation can very much be explained by culture, nutrition, education, etc.

Even if there is some that cannot be explained away, we are like 50 years away from some next cyborg singularity shit so who gives a fuck about 95 vs 100 IQ when we're all gonna be robots

>>132957311

I'm kidding. People need to be protected, of course. But I think the populist conception of what policy needs to be implemented is flawed and based more on feels than facts.

I'm sorry to hear that other part. Listen, people in finance are normal people. They don't control shit. Thank you for serving. My goal and the goal of many people that you would consider evil globalists is to make life as better as possible for as many people as possible. But sometimes, people get hurt. Or rather, in our current times, inequality rises. But we can fix it through logical policy that DOESN'T force us to regress into things that we KNOW are bad, like protectionism.

>>132958007
i have a friend who was arguing similarly with me, but we never got further than this point. He was also in finance and make big bucks, as much as I like him, he seems to have been so educated to assum that the current ((system)) is the only way, he could not fathom how money could function purely as a trading tool without interest, i.e. no reward for hoarding it. In fact, the most convincing ideas I have read would where based on "money" devalueing the longer it is held.

And no, i don't mean negative interest rates, which are just a tiny piss into the vast oceans of already existing national debts.

>>132958262
you make great money if you are telling truth.

>>132952639
Is your picture about quantum immortality?

>>132954311
So a load of subjective reasoning is why you aren't an ancap?

>>132957110
It's probably gonna be an RS my nigga.

>>132958425
your cyborg singularity argument can be used for about everything, do you realize that?

>>132958461
The money I make is small relative to my career and location. I am bottom tier in my field. Living costs are also astronomically high. We're talking studio condo living.

>>132951737
you aren't a banker if you don't believe elections are rigged.

money isn't meant for the masses to vote on.

loser

>>132958896
ny/la/sanfran? i'm in those and half of 250, i feel that i'm okay. you are doing well friend, as we continue the hunt for more.

>>132958645
They tried, but if they did it will roll the company. An attempt at a RS would be stupid unless necessary given a the 180 day extension on the nasdaq.

>>132951737
Bad LARP

>>132958425
What I will say is that people follow you because of the feelings you impart to them, not because of logic.

That said, on a more fundamental level, your feeling about globalism being the right solution and my feeling that globalism is delusional are just that : feelings. Life isn't science.

Final word, people want more than money and the perception from regular Americans is that the ONLY thing the globalist faction cares about is THEIR money over the wellbeing of every other American. It is hard to see how sending factories to China and then glutting the labor market by flooding America with illegals is going to help an average American. Further, from a military perspective, should China go to war with the US- you bankers just fucked the country by gutting our national economy on your pipe dream and delusions of grandeur. Sure, I suppose we could get some products from India or Mexico but you sent highly valuable manufacturing technology secrets- things which took tens of thousands of years for Europeans to learn- to China. For what? So you could make money off of a labor price displacement?

Populism is the way a king must manage his kingdom, China and Japan get this and understand this reasoning innately. China will never allow immigrants into their country and neither would Japan. This isn't some idea that is based on mere "fee fees" there is something fundamental to leaders protecting their own at all costs while carefully positioning themselves to take advantage of other leaders greed (which is what China just did to you).

Now, even if you wanted your factories back, you sold your soul to the devil and China would NEVER allow that technology to leave their country without a war.

>>132959051
Taxes are a mother fucker for a single with 0 dependants. Fucking brutal, actually. You might as well say I make $125k in NY.

>>132957812

It's not true since the concept you are peddling is wrong. It's not like it is money that the US owes interest on and is then paid to billionaires who earn off of it. There is no global cabal of billionaire bankers that make money off of central banking. That is a huge huge huge lie.

They are not private institutions in the same way a corporation is. They are operated non-profit (https://www.federalreserve.gov/faqs/about_14986.htm).

They are given a large degree of independence from the rest of government; this makes them less ideological and more academic and makes them better (see the Great Moderation as an example).

>And also...

I'm not sure what you're trying to say here. But ultimately the point of debt and deficits is to stimulate the economy in the short-run so that future growth offsets the debt and creates a surplus. I know Japan is kind of fucked when it comes to this but that's largely as a result of poor domestic demand due to a shrinking, aging, stingy population. But in all honesty, the national debt, unless it puts the country into or near default, doesn't really affect citizens' quality of life. I'd rather live in Japan than Russia, lol.

Think about why debt happens. If I spend $100,000 to buy a house, am I mad that I'm in debt? No, I did that on purpose so I could buy a house. If a government spends money on infrastructure at a deficit, should we be mad because we'll need to pay it off? No, it's something our society needed.

>>132958262

Holy shit I just saw that. That's insane. Also, kudos Anon. I'm at home so I don't have Bloomberg now unfortunately.

>>132958411

Analyst, 2 years.

>>132958812

Yes, it could, it'll make everything better and more productive, so let's try to get there ASAP through good economics and global efficiency.

File: 8b5.jpg (3KB, 165x115px) Image search: [Google]

3KB, 165x115px

>>132951737
>I believe we have encountered, "The Bait"

>>132959154
Even if it's larp it certainly isn't a bad one since he has answered many questions with good reasoning

>>132958425
To me it seems that the west has collectively for decades done everything it can to degrade it's national competitive capabilities and capabilities in a more general sense of the word as well, i find your stance to be hopelessly náive and optimistic. We shall see what ultimately happens.

>>132951737
>working at one of the largest IBs globally in a top 10 financial center

DNB fag here. If you're really part of a large IB, you'll be able to state the newest trend in which Mexican drug cartels launder their money.

The complete step-by-step, which is known to all of the largest OBs, is nowhere to be found online.

>>132951737
>>132952269
just please confirm to the morons here that while there are probably many jews in IB, the vast majority aren't.

Also, what's your group?

>>132959445
Nevermind. Saw above that you're just an analyst.

>>132958425
For the record, I respect bankers and merchants for their place in society but they must know their place and leadership/social wellbeing just isn't what a merchant is good at doing. I kill people, or more precisely, figure out how the military is going to kill people in the most efficient way possible. My place in society is to end other societies and other people's way of life so that you don't have to worry about oil or whatever else.

But frankly, we could kill the bankers if we wanted to. Plenty of military coups in the past and the bankers are really starting to grind on the military higher-ups who need someone like Trump to keep the nation together. Should you ever gain a position of power at your current corporation, meditate on the fact that your life hangs in the balance of other people's decisions to support or reject you as an authority. If bankers keep going down the path of messing up the financial system, inflating the housing market, flash crashing wallstreet every other year, irresponsible oil speculating, etc. The military will eventually step in and put an end to you.

>>132951737
I want to work in Finance, I live in Israel (Inb4 merchant meme). IBs don't operate here and if they do, it's backend stuff like accounting and IT. There is a large industry of PE/ventures/Hedge funds though, but how do you break into the industry if there are no IBs? I'm planning on doing an Econ & business admin degree(finance major doesn't exist here, this is the closest) in a top uni here and then try to network into a PE, thoughts?

What are your realistic hours, and what's your role? I've been reading that 100 hour weekends are pretty standard as an IB analyst, but that's on wallstreet. places like scandinavia germany etc seem to be 60-70.

Do you think Chinese wealth is real? they artificially invest in infrastructure and don't promote consumerism, so most of the wealth they acquire goes unspent in terms of their population - chinese stock market is flatlining, even Japan's beating them just by the Yen's deflation

Speaking of Japan - will their economy ever recover out of the 30 year recession?

>>132959817
Spend 2 years working at an IB in City of London. It's the most cutthroat financial environment on earth, where babby goes to become a man. Once you've been there, every jew back in Israel will drool all over you.

>>132959445
Tell us senpai.

>>132959948
I will in a few minutes. Just to fuck with those Taconiggers.

>>132959160

I definitely agree that this globalist shtick is a bit callous. My personal view is:

1. welfare when considered in policy-making should try to quantify those 'fee fees' so they can be adequately addressed, instead of being left to fester

2. there should be some way to better connect people to economic reality. You might think things are worse, but objectively they really aren't. unemployment is low, people have access to greater variety and quality in goods and services than ever, millions of people in other countries have been lifted out of poverty, etc. I guess you could say that policy advanced faster than people could understand it and that has caused a lot of frictions.

>>132959411

I guess we shall. I'd like to see how Macron fares, for one.

>>132959445

Well obviously that isn't true since I don't know that and I am at a large IB. That has nothing to do with what I do. I have a friend who works in AML and I can ask him about it. I really don't care though to be quite frank with you

>>132959464

I am not Jewish. My best friend at work is Jewish. Most people are not Jewish. At my bank, the higher ups are usually WASPs but I'm not based in America. In America I'd assume there's a fair share of Jews but certainly not the majority

>>132959627

Then I hope that whoever heads up the armed forces realizes the value of the financial services industry.

>>132959933
how would you go about that? I have 0 connections in london, and Israeli universities don't command respect abroad so there is no recruiting. Let's say I'm interested in an IB in london, who do I contact?

>>132959933
should we buy stock in china companies? what u saying?

You will be hanged sooner or later fucking kike

>>132956817
>NO NO NO NO. This is so not true, this is not what the Federal Reserve or any central bank does. This is a Ron Paul economically illiterate tool to convince you to join these weird movements that are all based on misconceptions.
into the oven with you.

>>132959287
spoken like someone who knows nothing about the state the vast majority of the non rich live in.

The States give the richest corporations and banks (pay them regular incentives, allow huge tax breaks, privatise publicly owned necessities, etc.) to get them to pay any sort of pittance of a tax and offer wage slavery to the poor masses, instead of funding public services and projects. The taxes that the poor pay (many different forms, not just income tax) should rightfully fund these things, instead ar servicing debts, in what is called austerity measure (even the richest nations in the world are hugely affected by these).

>But in all honesty, the national debt, unless it puts the country into or near default, doesn't really affect citizens' quality of life

This is therefore a huge lie!

The other lie being peddled, that hard work will get you out of poverty, is a huge kick in the teeth for the majority of people that have been disadvantage systemically since before they were born. It doesn't matter if there is a global cabl or not, that part is irrelevant. The systemic injustice remains.

Whether ownership of debt exists this way or that way, whether economical logic dictates more or less social measures is also irrelevant, the bigger picture is that our current financial system is devillish as there is no way for justice to exist in it. Debt should not exist. Simple as that. No-one should be able to profit simply by owning great wealth. Only because money never spoils and can be amassed infinitely (unlike any actual resource it is supposed to be traded for), do people actually need an incentive not to hoard. Because this incentive is debt (i.e. more profit by investing it), there is no peace possible, we will inevitably be driven further and further into ever more extreme competition. All the wars in living memory have happened because of economic need, the destruction that war creates is the only thing that keeps capitalistic growth possible.

>>132960306
>Only because money never spoils
El Chapo lost 10% of his money every year to rats and mold.

>>132959464
>while there are probably many jews in IB, the vast majority aren't.
Speak for yourself. Underlings typically consist of 50 percent women, there oddly have tended to be more black men than Asians, making minority men roughly 10%. About half the "white men " we're Jewish. So you're only looking at 20 percent white men in IN. I take it you never worked in IB?

>>132959948
>>132960008
Now, the biggest headache the Mexicans had wasn't moving drugs internationally.

It was getting their USD back to Mexico, laundering it and keeping it from being seized by the government.

>Instead of physically transporting USD across the border to Mexico, they buy BTC at a 7% markup for cash in the US by (((them)))
>BTC is exchanged with a cryptocurrency called Monero, in order to completely anonymize the coins
>Monero is traded back to BTC
>BTC is sold in Dubai/Ras al-Khaimah (tax free)
>Funds are stored in the accounts of offshore companies in Ras al-Khaimah, controlled by cartel strawmen

You don't even need to tax your money to launder anymore. It's piss easy.

>>132960044
>certainly not the majority
No shit most of them are at the top.

>>132960742
Hey Norgebro what is your opinion on Ronald Bernard the so called ex illuminati banker who was doing exactly what you're describing there.

>>132961086
Lots of weird shit goes on with execs, but I think he's full of shit.

>>132960460
kek, ok so cash can spoil but you know what i mean.

>>132960306

>Only because money never spoils and can be amassed infinitely (unlike any actual resource it is supposed to be traded for),


Outstanding Anon!.
Now take it further.

Since there is no Macro Value in Trade (everyone values their trade by their surplus they trade and the need of what they trade it for)

If Capital is a Proxy for Trade, and you can sell the Proxy for more Proxy, (Interest on a loan), you now have more Proxy than Trade!

This is called a Divergent System. The Divergence SOURCES the Proxy Space, and when it is cashed it it SINKS the Trade Space.

Grain not only spoils, IT DOESN'T GROW in the silo. Meat doesn't reproduce in the freezer.

The types of Divergence include: interest on loans, Rent, Insurance, Stocks or other crossing of the Production Space and the Consumption Space (like wage), and even the portion of the Profit created that is not attributable to the reduction of Resource usage won by Economies of Scale.


Welcome to the Dark Side my son.

File: 1473074698956.jpg (70KB, 600x799px) Image search: [Google]

70KB, 600x799px

>>132952269
>per capita output should be the big focus rn
>"rn"
LARP as fuck. There are no millenials in any major banks doing anything more than trying to hold on to theyre dogshit human ATM jobs as they get replaced by robots.
GTFO of here you LARPING faggot.

Sorry, had to take a shit

>>132959817

What uni, HUJ? Just curious.

I'd say that's definitely the best course of action if there really is no front end stuff. If your credentials are very strong, try for international as well. Maybe consider a foreign MBA, too?

60-70 is the norm where I work, yes. I think I would kill myself if I had to do 100 hour weeks. I am an analyst.

I'm not sure I get your China question. Are you asking if Chinese assets are overvalued? I don't think there's any reason they should be by and large. I'd also be careful about making any inferences from the stock market seeing as it's not as connected to or representative of the actual economy as a more traditional market would be, because of how the CCP approaches financial regulation and shit.

>will Japan recover

Not unless they find a way to stimulate consumption and boost population growth. Hint hint take on more immigrants hint hint

>>132960259

ey paisano

>>132960306

My family was thoroughly middle class and I right now am just a recent graduate with a decent salary. Never was rich.

>>132961135
>>132961086
To elaborate on that, he may very well have been part of it, but the satanic stuff makes me believe he's a fraud.

Cartels, warlords and major terrorist organization would not function without the consent of banks. That is a fact known by everyone, not just bankers.

>>132961446

How old do you think recent grads who go into finance are, dipshit? You have to start at some age, people don't get into banking when they're 50

>>132952030
>Ask me literally anything.
If a person has roughly 20 thousand dollars, what should they do with it?

>>132961575
And KYC/AML are just bullshit regulations imposed upon banks. The lower level guys has to abide by it, but the further up the foodchain you get, the less it matters.

In what way is it advantageous to import millions of persons of below average intelligence?

>>132961658
i'd rec'd a 5k into penny stocks, 5k into a rent-to-buy unit, and 5k into a startup. keep 5k in the bank

>>132961575
>Cartels, warlords and major terrorist organization would not function without the consent of banks.
Give further details

>>132953067
>I'm actually rabidly centrist and I think the right wing of the Democratic party (i.e Clinton and co.) is where I belong.
How do you feel about Clintons involvement with human trafficking?

>>132961834
but first speak to an accountant or lawyer.

>>132961684
After the Panama papers were released, every tax haven on earth was pressured by the OECD to abide by the automatic exchange of tax information, which killed any incentive of tax havens without having to go through the process of creating an offshore company with strawmen for Director and shareholders, and you with power of attorney.

There is, however, one stable country left that the OECD hasn't touched. And nobody seems to pay it no mind. I'll let the interested ones take a guess.

Hint: It's not Georgia. While they are not part of OECD agreement, they are sucking the EUs balls for entry to the EU, which means they will do whatever the international community requires of them.

File: sweating dog.gif (3MB, 300x169px) Image search: [Google]

3MB, 300x169px

>>132961304
>Since there is no Macro Value in Trade (everyone values their trade by their surplus they trade and the need of what they trade it for)
>If Capital is a Proxy for Trade, and you can sell the Proxy for more Proxy, (Interest on a loan), you now have more Proxy than Trade!
>This is called a Divergent System. The Divergence SOURCES the Proxy Space, and when it is cashed it it SINKS the Trade Space.
>Grain not only spoils, IT DOESN'T GROW in the silo. Meat doesn't reproduce in the freezer.
>The types of Divergence include: interest on loans, Rent, Insurance, Stocks or other crossing of the Production Space and the Consumption Space (like wage), and even the portion of the Profit created that is not attributable to the reduction of Resource usage won by Economies of Scale.

Thanks Anon, but gotta admit I don't follow what you are saying there. Will have to look up some of those words to try and make sense of it, unless you can explain it to me like I am an idiot/kid.

>>132961889
i doubt they were ever directly involved. don't worry about non-issues

>>132961580
>How old do you think recent grads who go into finance are?
>recent grads who go into finance are
>recent grads
Theres no room in that industry for some recent grad to step into without extensive work related experience.
Of you have some idea of what youre talking about, thats fine, but LARPing this hard is soo faggot breh.

>>132961991
>While they are not part of OECD agreement, they are sucking the EUs balls for entry to the EU, which means they will do whatever the international community requires of them.
Pls don't tell me it's who I think it is

>>132961991

jersey?

File: 1428188226984.jpg (132KB, 800x778px) Image search: [Google]

132KB, 800x778px

>>132962079
Israel will be implementing the system by 2018, so no.

>>132961658

Depends on risk profile but I would personally suggest the typical meme mix of bond ETFs and equity ETFs. Don't try to pick your own stocks.

/r/investing and investopedia are good resources.

Anyway, I'm going to bed. Nice talking to all of you.

also what the hell is the country of jersey?

Why is a different conspiracy board registered to that country...

>>132962113
No. All the classic tax havens such as Panama, BVI, Seychelles, etc, etc, etc were the first targets of the OECD.

>>132962159
I thought Turkey

>>132962190
The US as in Delaware?

>>132952269

>We need to figure out how to tackle it
I see this phrase a lot when used for gentrification but there are already a solution. don't automate. if you automate, you will create "redundant" people in society. people don't like being redundant.


>we could definitely do some redistribution to everyone's benefit.

you dislike socialism though.

>>132962166

you were smug tonight anon.

I know your job provides a nice life for you and a sense of self esteem and importance, but its very rude to do to the have nots.

If you grew up in poverty, you would not be in the spot you are in. If you were born in a highly dysfunctional home, you would not be in your shoes.

I am tired of hearing about the one percent of people who make it out of their shitty situations, people are products of their environment.

Good for you for your success, but its rude to be smug

>>132962190

so just tell us.

>>132961493
Foreign MBAs in top schools like Oxford or london school require years of experience in the industry already. I'm planning an MBA regardless because of the knowledge/networking it gives, but I don't think they take anyone straight out of college

How about management consulting? The program I'm doing has McKinsey come and recruit from, for example. Would that be a good in?

Traditionally buy institutions like PE and hedgefunds are much harder to get into in the US than sell, right? Is that strictly because of supply and demand or because of some skills/knowledge you first need to acquire in an IB?

>>132962245
No, but I like the answer. Since the US is technically not part of the OECD agreement, but they'll still share tax information through FATCA and their agreements with almost every country. So they could just as well have been a member, except the murricans don't like to share things automatically in case it doesn't benefit them.

>>132962354
You'll have to work a little harder, considering clients will pay 7 figures just to hear the name of the place.

>>132962331
Hes a LARPer anon, I exposed him here >>132961446 and he respond with >>132961580 and now he's going to sleep >>132962166

>>132962397
Hm. Maybe the Vatican?

>>132962331

I'm sorry anon, I didn't meant to be smug. I don't have much going on in my life besides my job and my education. I don't have a lot of friends and I don't have a girlfriend, all I do is read economics stuff all day and work like a dog. I don't feel better than everyone I just like talking to people online since I don't have many people to talk to IRL. I know I'm being a bit of a provocateur but I sincerely enjoy having conversations with some people here that actually want to talk

>>132962397
I'd guess lichtenstein or turkey or ukraine tbqh

>>132962448

that is a shame... I come here to learn things.

I used to go to GLP but that went to shit in early 2010s, well it went to shit be4... but it was still decent because of the happenings.

I found pol in late 2015 and have been lurking to occasional learn new stuff.

Im poor as fuck and will probaly hero due to health problems. I just wanted to learn, i guess i understand why you keep it secret.

>>132962556

you get a lot more out of people by being as less incendiary as possible.

thanks for apologizing, now i see you in a diff light.

also dont let this world turn u into like all the other shitty people in the world.

>>132962699
>Im poor as fuck and will probaly hero due to health problems
fug
what problems do you have?

>>132962699
>an hero
Are you fat anon? Why not try starving yourself to death before any other method? Maybe you'll turn out ok once youve lost the weight?

>>132962546
Again, I like the answer. Not a signatory of the OECD agreement, but they've been pressured by the international community with the sharing of tax information through individual agreements, like the United States.

>>132962624
>lichtenstein
Individual tax sharing agreements, and will implement the automatic sharing no later than 2020.
>turkey
Will implement the automatic sharing in 2018
>ukraine
Not a tax haven. Not stable. No sane person would keep their assets there. Same reason no African country is a tax haven.

>>132962812
>>132962770

Money is not even close to the most important thing. The most important thing is love

Now I'm actually going to sleep good night

>>132961996

Sorry. That is a Mathematicians take on what is going on.

It is sort of like if you had a paper pie that represented a pie, and you cut up the paper, but you added to the paper by loaning it to someone for more paper back, when you went to exchange it for real Pie, there would be more Paper than Pie.


1. You cannot determine value in a large barter system, because the value of every trade is independent: you can't know every trade, every marketplace, every thing the one guy has in surplus that the other needs or visa versa.

2. So we use a Proxy. This is a measure that doesn't measure directly the trade.

3. Trade is Supply/Supply: I trade something I don't need for something you have I do need.

4. To make Trade universal and easier we introduce an intermediary called Currency or Money. (In the past that was just the thing in the market that was worth the most. Now we use currency that has no value other than the promise we can use it for anything.)

5. But HEY!. Now we have a Proxy to Trade that we can value all by itself: the currency or money we use as an intermediary to Trade.

Depending on what you trade your surplus Supply for in currency, you can trade it back for what you need. With the addition of Proxy, Trade goes from Supply/Supply to Supply/Proxy/Supply, and the Value of that Proxy is a stand in for the Trade value we cannot ever hope to measure.

(cont)

>>132957311
Oh look, it's a butterbar. No one fucking gives a shit about Officers, they're the faggots of the military.

>>132962907
All I can think of are norway or some goddamn thing in the balkans

>>132951737
>I believe Hillary Clinton was far and away the superior candidate

...for your profit margin, at the expense of the nation, right?

>>132962699
Knowledge requires work.

While it'd be fun to just blurt out a secret that every bank keeps extremely close to their chest in order not to poke the hornest nest, and reveals only to very trusted clients for a huge sum of money, I feel as if it's better if you guys discover it for yourself.

>>132951737

Oh christ, this bait again.

>>132962946

(cont)

Now the shit hits the fan.

6. You loan someone the Proxy for the promise of more Proxy at a later date. This creates Proxy where there is no Trade of consumed goods. It creates Proxy out of thin air that no longer represents or is an intermediary of the trade. The completed trade, Supply/Proxy then Proxy/Supply, now has an extra step: Supply/Proxy, Proxy/More Proxy, Proxy Supply.
7. Now you have more Proxy than Trade

If the Proxy determines the Value of the Trade, and you now have more Proxy than Trade, when the Proxy is Traded back for Supply, the value of the Trade is reduced.

In math terms, you started with a conservative field – there is real stuff you trade that doesn’t disappear or reappear, nor does it get smaller or larger – but now you have a Divergent field – things suddenly appear and disappear; they well up (Source) from nothing and disappear (Sink) to nowhere.

See? That is how you get rich. You run a bank or a stock brokerage, or insurance company.

>>132963174
Right?

>>132963105
Don't feel too bad. Even the people over at OECD haven't been able to persuade, or identify this country as a potential goldmine for tax dodging.

>>132962556
good night anon, i know you are a good person, hell, everybody is. We all just do what we think is best, even if that is psychopathically think its all just about personal pleasure/happiness/release.

I truly believe trade and prosperity is possible without a debt based monetary system, but I don't judge you for trying to make the best of the shitheap we have right now.

>>132963272
This is fun tho.
Drop one more hint before you go

It'd have to be balkans or iceland imo

>>132951737
STOP larping. The toilet is not going to clean itself!

>>132963398
This

>>132963387
It has a shoreline.

>>132951737
SAGE Kike blueshare poser...

>>132962907
>>132962907
is it this:

Trinidad and Tobago

if so the secret is out:
http://truepublica.org.uk/global/laughable-oecd-tax-haven-blacklist-just-one-country-listed-trinidad-tobago/

File: 1497547536331.jpg (11KB, 225x225px) Image search: [Google]

11KB, 225x225px

>>132963463
..and its near the indian ocean.

File: 1412375564764.png (344KB, 691x510px) Image search: [Google]

344KB, 691x510px

>>132963593
Trinidad and Tobaco is a signatory, and will implement the system in 2018.

>>132963612
pic for you

>>132963721
CRAWWWLLLLING IN MY SKIIIINNN :^)

>>132963463
Balkans seem somewhat strict on taxation, at least judging from a quick google search

Moldova? But that seems like something every financier would know

>>132951737
What's it feel like to know the left wing and anarchists want to tear you limb from limb in the streets, and the right wing want nationalists want to try you at Nuremberg style courts for selling out your country's? Either way when all this is over your fucked no matter who wins

>>132952030
>>132951737
larp

>>132963721
Cuba maybe? They aren't known to be a tax haven, but maybe the oppertunity is now there with the changing relations?

Also, is it a proper nation or some bullshit island state?

>>132963979
He said it's in the indian ocean, so it'll be some territory that doesn't have membership.

File: Obi-Wan dissappoint.jpg (22KB, 480x346px) Image search: [Google]

22KB, 480x346px

>>132963211
Thanks anon, i get what you where saying. I should really learn the language of your first post, for my next discussion with my economist friend.

File: 1421020893532.png (2MB, 1065x902px) Image search: [Google]

2MB, 1065x902px

You guys have deserved it.

Sultanage of Oman.

It's everything you want in a tax haven, and practically untouched. Consult a local lawyer to figure out how to bypass the KYC/AML regulations in Oman.

>>132964139
Sultanate*

It's almost 9am and I've been up all night.

>>132952030
Are Zionists making money from stolen shit?

What is bank security like?

Digital security.

>>132963721
Its India

>>132964221
India already implemented earlier in 2017.

See >>132964139

I'm guessing 5 years before the OECD manages to make the Saudis and Dubai pressure Oman into signing the agreement.

File: World Bank History.jpg (3MB, 5344x3776px) Image search: [Google]

3MB, 5344x3776px

>>132963849
>>132964211
he's gone to bed, read the thread.

>>132964139
thanks norway bro, i feel smart now!

>>132964318
Damn only did a quick glimpse on google. that was fun

>>132964139
Care to say a word or two why they are the exception? I would have no idea why, I would guess maybe it's got something to do with Saudi-Arabia, but beats me, honestly. No idea.

File: 1492663169378.gif (320KB, 287x713px) Image search: [Google]

320KB, 287x713px

This is a good thread! Thanks OP!

File: jkmn,.jpg (148KB, 936x526px) Image search: [Google]

148KB, 936x526px

>>132964318
And if any of you have assets to hide away, make a vacation of your trip to Oman. Muscat is a hidden fucking gem for both holidays and financial fuckery.

>>132964318
>>132964426
Just read that they have a 0% income tax rate.. interesting.
Just wondering why they are so much under the radar.

>>132952650
>Bankers are not democrat, they are conservative.

What bullshit, Wall Street has been giving more money to Democrats than Republicans for decades now. Hillary Clinton by herself got more donations from Wall Street moneybags than all the other candidates in the race combined.

>>132964426
Politics plays a heavy part into the OECD agreement. The Saudis, Dubai and other larger Arab countries were pressured into the agreement under the guise of international co-operation to choke the money supply of terrorist organizations. They couldn't say no.

But Oman? Nobody gives a fuck about Oman. They're rich and don't give a fuck about geopolitics, which makes them hard to force.

>>132951737
Justify the existence of the Federal Reserve which has stockholders and private unelected controllers.

Quick rundown: https://youtu.be/iFDe5kUUyT0

Pro-tip: you can't.

>>132964566
>wondering why they are so much under the radar.
Oh they're on the radar. Everyone is just waiting for a collapse before they step in and offer aid at the cost of cooperation.
Why fight when you can wait?

>>132951737
Hi!

Please expand or deny this conjecture:

Cryptocurrency is a program to vacuum money from the ppl and test run the digital money Central Banks want to implement.

The only real power for regular ppl is Silver, Gold, Farm land, knowledge and arms. In a broad spectrum anything from that wont be valuable when SHTF and DeepState/England/CentralBanks fight Russia and the remaining allies.

If I can have a full response to this would be awesome.

Thanks and hope you haven't gone to dark places doing what you do.

>>132962907

hong kong?

london?

>>132951737
>socialism is a threat to globalism
>that socialism that needs to spread to whole world or else it will eventually die

>>132962907

iran?

syria?

>>132964792
Big brother Saud will be used to force Oman to bend the knee. But it will take years. If the OECD was in the process, or even thinking about asking the Saudis, the banks would know.

>>132956817
>Sorry. She was an inferior candidate. She had superior policy. But she was weak and failed to hit the same notes Obama did.
The Democratic Party has a bad habit of trying to foist policy wonks with little understanding of actual politicking off on the electorate. Dukakis, Gore, Kerry, and H. Clinton are all examples of technically competent people who have the personality of dry cardboard. Democratic successes at the presidential level since Johnson have all been outsiders to the party establishment who sweep in and excite the electorate. And for some reason after a Bill Clinton or Barack Obama shows how the party can actually win, the party invariably goes back to formula and nominates a Gore or Hillary. The mind boggles.

>>132964906
Isnt the sultan sick?
Hasnt the price of oil fallen?
Sri-lanka even went to the IMF for help. Oman will need help soon as well?

don't tell me OP left :(

>>132964657
They are neither but they infiltrated both.

>>132961834
>Has 20K
>Tell him to put 25% of it into a "startup".

get out kike larper

>>132965183
OP is a larper >>132962512

>>132965261
ty

was a good question, sorry for the OP LARPing

>>132965100
Haven't heard anything recent about declining health, but once he eventually dies, the Saudis have measures in place to make sure things stay stable in their back yard. What that is, I have no clue of.

They'll manage to keep their head above water for at least another 10 years with the current oil price.
https://www.pwc.com/m1/en/services/tax/me-tax-legal-news/2017/2017-oman-state-budget.html

>>132951737
What are your specific duties in the IB?

>>132951737
What do you think about recent mass surveillance initiatives such as OECD's Common Reporting Standard, the campaign for public registers of legal persons' owners or push to limit use of cash? Do you think these are significant or just window dressing for mostly business and usual? Will tax havens/offshore financial centers survive? Are we destined for a future where every transaction is tracked?

>>132960742
How do they avoid being absolutely skullfucked by price volatility? I wouldn't want to be in a position of cartel's money launderer who has to explain to bosses back in Mexico that half of their money has just evaporated because some neckbeard tokens took a dip.

>>132961991
>automatic exchange of tax information, which killed any incentive of tax havens without having to go through the process of creating an offshore company with strawmen for Director and shareholders, and you with pow
Is it impossible to subvert it? I've already seen straw/nominee owners being advertised on the web, if I can find it, wealthy people certainly could too.

>>132963167
Belarus? Quite stable, weak AML laws, established free trade zones, wasn't even considered in any of these mass surveillance laws and most people seem to always forget it even exists. Or maybe some other post-Soviet republic?

Taiwan? Stable, wealthy, pretty Westernized, Chinese clients would feel more familiar there, actually has an offshore banking industry, yet the thing with China prevents it from being part to many international agreements.

>>132970720
I don't know. I assume they'll settle for a slight loss in price volatility, considering the amount of money they save from not having to transport, tax it, and all other costs of laundering very large amounts of currency.

>>132970991
It's still possible to open offshore accounts, with straw directors/shareholders, and with you as power of attorney. But OECD are now pressuring countries/banks to include not only the director and shareholders, but also those with POA. So this loophole is in the process of being closed.

>>132971395
Belarus and Georgia are the only semi-stable states in which I know there is a market for tax evasion. Belarus is mainly where Russians keep their assets, now that Cyprus is gone. Western banks don't like it, because of its unpredictability.

Georgia on the other hand is leaning towards Western Europe rather than Russia, which means they'll be signing on for the automatic exchange of tax information with the OECD very shortly.

File: Karl_Marx.jpg (980KB, 1280x1500px) Image search: [Google]

980KB, 1280x1500px

>>132951737
>I think socialism is the biggest current threat to globalism, the liberal world order, and long-term growth and prosperity.

You're goddamn right it is. Bernie was not a socialist, but his use of that word combined with the victory of Trump has broken the dam of leftist radicalism.

Banker scum. Be fucking afraid. We will bury you.

>>132951737


>>132951737

>looks at dow
>Looks at ÓP

Fuck off liar.

http://www.marketwatch.com/story/dow-rally-from-election-to-trumps-first-100-days-on-track-for-postwar-record-2017-04-27

>>132972043
>Bernie was not a socialist,

He said in the 70s there should be a 170 percent tax on anyone making over 1 million dollars, so no IBM. No Microsoft. No Apple.No facebook. No Google. No twitter. No uber. No tesla.
no company that relied on angel investors or wealthy idealists.
your politics are for failures by failures that lead to failure. I grew poor, I'm an executive now, you're not because you're lazy and stupid.

>>132951737
Ethnicity?

>>132972087
He isn't lying, dumbass. Hillary was indeed the preferred candidate of the international corporatists, 1. global capitalist trade agreements 2. getting the leftists to sit the fuck down. It's the same reason Goldman Sachs bought Obama. Get a nice person talking "progressive" this and that and maybe it'll keep the proles satisfied enough to not come and fucking hang the banker scum. It didn't work, Trump is busily shitting on the workers, and leftist radicalization is growing at record pace.

Guarantee you this guy is scared shitless right now. The jig is up, the game is over, and the people want blood. His blood.

>"When our turn comes, we will make no excuses for the terror." - Karl Marx

>>132972239
>taxes are socialism
>none of these companies that used government taxpayer-funded research to produce private profit would exist :(

To the gulag with you.

>>132951737
>>132951737
>>132951737

What's your plan for when the Central banks reset their rates upwards and the whole thing comes crashing down?

>>132972541
Go to the nanny-state gubmint for a trillion dollar bailout, of course. Problem is that Trump is so incompetent they might not be able to stop us from gulaging him this time, thus his fear.

>>132972662
print off another bailout and the currency plummets. We don't have savings for them to loot this time. There's nothing Trump can do. It's been in the making since the rates were lowered 7 years ago. That and another hoursing crisis/student debt.. it's not going to be pretty.

File: Protest-in-Hamburg-during-the-G20-Summit.jpg (280KB, 1199x1227px) Image search: [Google]

280KB, 1199x1227px

>>132972756
Nope, it will not be pretty at all. But seeing people like this guy get what they've had coming to them since the beginning of the neoliberal era will be good, clean fun.

But as he has said, *we're* the "economically illiterate" ones. We'll see how literate he is when the guillotine arrives.

>>132972907
I know you want to spin this toward a conservative, but i'd like to know which mechanisms involved are Trumps?

The ECB/FSB/BIS have been quantative easing for almost a decade, propping up the most liberal countries in the world... under leftist governments. You want this to be about a guy who's hardly been in office 6 months.

>>132973028
I don't want this to be about Trump at all, really. I do think he is clearly mentally ill and not very competent, but Trump is small potatoes. A distraction. A joke. A symptom, not the disease.

It's about global capitalism, the financialization of the economy, and the purchase of government by corporations since the mid-70s.

>>132972432

I have two innovations to my name that would not exist if not for the free market. I climbed out of poverty and am now paid in deep six figures.

all you offer is me absorbing your failures. why would I want to prop you up?

>>132973213

yeah, sure..
this isn't about Trump.. i just keep eluding to him and spouting out MSM talking points... Forget central banks.. those aren't in the talking points i get from my leftist sources so they're not important. But, i'm certainly no "economic illiterate" even though i won't mention how fractional reserve banking effects economies and currency zones.. whatever those are..

>>132973236
Why do you think I care about what you want? If your story is true, there's no hope for you, anyway. It would be like trying to convince a lottery winner that gambling is bad.

You aren't the target audience. You're the target.

>>132951737
>Investment banker
>Prefers Hillary
Kind of redundant

>>132973371
Central banks are authoritarian institutions primarily ran by people who believe in the religion of neoclassical capitalism just like the OP and probably just like you, too. They should be dismantled.

>fractional reserve banking

doesn't even exist anymore.

File: IMG_8764-1-411x450.jpg (35KB, 411x450px) Image search: [Google]

35KB, 411x450px

>>132973377

So the target is people who are more talented and hard working than you. You think you can defeat people more motivated, more intelligent and more capable than you. you only count as allies those that continually fail.

Good luck with that, scrub.

>>132951737
Who is you're waifu? What's your favorite gun?

>>132973371
And btw, when did I allude to Trump? I trashed Hillary and mocked OP/fantasized about gulaging him. Read better.

>>132965441
I've been thinking about visiting Oman for a while. I think it along with Iran are the two gems of the middle east.

I have a noob question re: tax havens-- they're solely for stashing profits, right? As in they only only useful for those with money coming in, rather than sitting on a large amount of investments. There's no way to also use them as a way to prevent you from paying capital gains on something like, for example the stock market?

>>132973650
My target is the bourgeiosie and all who stand with them. Your gun won't save you, if you even make it that far. You'll probably kill yourself of a heart attack the second there aren't any people serving you your Starbucks. The numbers don't add up, stooge. You're nothin'.

>>132951737
>, I believe Hillary Clinton was far and away the superior candidate,
you people over there have no mental health left

amazes me
good that I dont have to live with....oh wait I do.

Are you still here OP? How fucked is the Australian property market, is it worth buying/investing in it?

Will western property markets eventually be the cause of the next great depression?

>>132973831
>they're solely for stashing profits, right?

Not necessarily. I'll give you one example that used to be very common for people with wealth.

>Create offshore company in British Virgin Islands (0% tax)
>Director/shareholders are strawmen, but you control the company through power of attorney
>Offshore company opens bank accounts in jurisdictions where banks are not required to report on their clientele
>With your POA, you can make the bank invest your funds on behalf of your company
>Profits are reported back to the British Virgin Islands, which does not tax you

The second way tax havens are used is to store illegally acquired assets.

But things have gotten a lot more complicated in recent years.

>>132971841
Thanks for confirming my suspicions about Belarus. What about Taiwan? Not very secret (I learned about it from a butthurt article by pro-surveillance think tank), but its peculiar diplomatic status means it cannot be pressured to take part in international agreements if the organizers want PRC to participate.

Also, as you seem to have at least some first-hand knowledge: why all of these initiatives even happen? I think it's common knowledge at this point that the financial sectors has disproportionate influence in politics, yet it seemingly cannot stop governments from increasing their costs and diminishing their business this way. Why is that?

>>132972239
>no IBM. No Microsoft. No Apple.No facebook. No Google. No twitter. No uber. No tesla.
So basically no globalist, rent-seeking parasites? I hate socialism, having almost first-hand experience with it, but some "pro-capitalist" arguments get me wanting to bang my head against a wall.

>>132951737
Are you enjoying my tax money?

File: bloomberg_upskirt.gif (2MB, 320x180px) Image search: [Google]

2MB, 320x180px

>>132951737
How long until OECD BEPS becomes our global tax system and the SDR becomes global money?
What needs to happen first?

>>132973645
>doesn't even exist anymore.
Care to explain or did you just reflexively deny it to appear smart?

>>132973650
Nice gun (btw - I thought Canada banned these after Montreal massacre), but the commie has a point - could you fight against ten gunmen?

OP was a faggot. Hope he hung himself. Fucking transhumanist larper

>>132974721
I'm reading up on Taiwan now. I'll be honest, East Asian tax regulations are not my strong suit, except Singapore. A colleague of mine who deals with the far east removed Taiwan from his list last year.

It has been a long time coming. Their need to extract taxes from their citizens exceeds the needs of our profitability, no matter how much we lobby. Every influental member of OECD wants their citizens' money, and together they coerce/threaten the less infuental tax havens into complying.

Add in the "war on terrorism" and the increasing power of drug cartels, and they received the perfect catalyst to get their asses in gear to implement global transactions' surveillance. I assume it was also used as a potential shield against any public backlash, but nobody likes a tax cheat, right?

>>132975058

What she got going on under there?

>>132975393
>Add in the "war on terrorism" and the increasing power of drug cartels, and they received the perfect catalyst to get their asses in gear to implement global transactions' surveillance. I assume it was also used as a potential shield against any public backlash, but nobody likes a tax cheat, right?
Right. Do you think this momentum is unstoppable and we are really destined towards a cashless world with every transaction associated with personal identity and under surveillance; at least in the developed world?

>>132975576
Yes. It's nearly impossible to say what happens 20 years down the line, but I believe transactions through regular financial institutions will be so heavily surveilled that there will be very few ways of which you can hide your assets from the taxman. Ironically enough, my bank has been shilling immensely to rid Norway of cash within 2020, and politicians are taking the bait.

The factor that makes it so hard to tell how the financial sector will look like in 20 years is cryptocurrencies. It opens up a million ways to exploit the tax regulation of every country on earth.

I do believe that within 5 years we'll be seeing heavy regulations imposed on BTC by OECD nations. But these dense cunts will fail to factor in the vast amount of alt-currencies which can be created on a whim.

The only way I see them successfully cracking down on cryptocurrencies is through criminalization of ownership of all cryptocurrencies.

>>132973866
>My target is the bourgeiosie and all who stand with them.

I grew up in cloth diapers in a 20 thousand dollar house. people come here even POORER and still succeed because ITS FUCKING EASY. the reason you havent is because you're shit.

>Your gun won't save you,

It will if you're anywhere between 0 and 1000 yards, kid.

>if you even make it that far. You'll probably kill yourself of a heart attack the second there aren't any people serving you your Starbucks

There is no starbucks where I live, shitbird. I grew up on a farm, so, maybe try a new narrative.

You grew up middle class in the city and male less than your parents, to their justified embarassment, so all this is just to get back at mommy and daddy. you losers all come from the same background.

I was moving hay bails at my neighbors farm to pay for a bicycle when you were at fat camp Jayden, which is why I learned hard work and you didnt.

File: 1499402612562.jpg (230KB, 1050x660px) Image search: [Google]

230KB, 1050x660px

Well guys, won't you all sleep a little better at night knowing that OP really cares about making the world a better place, and that his employers' work is part of the necessary "controlling" of the "business cycle" while also stimulating the economy? I know I will. Thanks for being a trooper for us OP. It's excellent to know that OP is not merely playing the investment game put in front of him.

>>132975977
>The factor that makes it so hard to tell how the financial sector will look like in 20 years is cryptocurrencies. It opens up a million ways to exploit the tax regulation of every country on earth.
But are cryptocurrencies a real alternative? They seem to be somewhat useful for moving money (to a point, after all transactions are public and only pseudonymous, a well-resourced adversary probably could uncover an uncautious user), but you couldn't possibly recommend using them as a permanent store of value. The biggest obstacle seems to be simply lack of "normal" users who aren't speculators, libertarian neckbeards, cybercriminals or money launderers; unless there appears a crypto actually useful for everyday consumer transactions I can't imagine them becoming a viable alternative to cash or regulated payment systems.

>>132976358
He was an analyst with 2 years under his belt. It's the equivalent of a burgerflipper making a thread about McDonalds' corporate decisions.

In time he will learn.

>>132975977
Will the massively inflated housing markets in Aus/NZ/Canada cause a GFC?

What do you think of the ramifications from a potential of war with NK or a trade war with the chinks

File: 1491433543612.jpg (131KB, 1280x720px) Image search: [Google]

131KB, 1280x720px

>>132976673
It's weird right? I've worked with algorithmic trading for a while and have an econ/business ((degree)), and I don't know anybody who would think they could ama about the inner workings of the global economy. There's plenty of smugness but mostly about playing the 'game', not actual saving-the-world delusions about the role and importance of banks. He also seemed very confident about why he would vote for hillary, i.e. everything more "moderate". Kind of puts the thread into a sad perspective when you realize it's just some kid that doesn't mind stepping outside of his rather slight expertise with algos, stocks and excel sheets.

>>132976579
That's the thing about the blockchain technology. It could very well spawn something that'd be excellent for storing wealth. As of today, it's way too volatile.

BTC in and of itself is pseudoanonymous, but alternative currencies, as I mentioned earlier, such as Monero opened a market for those who wish to be truly anonymous. Mainly criminals and tax cheats, of whom banks prey upon.

>>132976743
>Will the massively inflated housing markets in Aus/NZ/Canada cause a GFC?
You're not the only one in a current real estate bubble. Nobody knows what will be the catalyst, or when it will occur. One central bank deciding that enough is enough, and increasing the interest rate could be enough to set off the chain of events.

In the US, the consequence of a recent 0.25% spike in the interest rate will lead to somewhere in the range of 30,000-40,000 people defaulting on their mortgages within 8 months. (don't quote me on the exact numbers. been awake for nearly 30 hours)

>>132951737
Do you think that jews own the banks?

>>132951737
i hope you fucker burn in hell.after the financial crisis 2008 you are still in this whore-business? playing with non-existent money till the next crash comes? congrats you are rich now.other people loosing their money and their lives. burn in hell

>>132977031
Since you're a fellow financialfag, I'm a little curious. I was asked earlier whether I believed Ronald Bernard was for real. Which I didn't.

Do you?

>>132977195
>That's the thing about the blockchain technology. It could very well spawn something that'd be excellent for storing wealth.
I hope you're right, hearing it from a banker instead of usual libertarian evangelists and startup shills is somewhat reassuring.

>>132977195
Is it wrong if I'm looking forward to a hard burst?
In Sydney the mean price for a very average 30minute commute 3 bedroom house is 1.2 million dollars.

I have a very secure and high income (train driver) and the only investments I have are in boeing and other domestic/international businesses.

Seeing the greedy pig investors that eat up everything around me in this country lose everything would give me a throbbing financial hard-on that would never go flaccid. If only these turds invested in something that would help grow our nation, but like a disease process they follow the easiest path and squander the nation's wealth.

>>132974532
Wow, what a great example & explanation! Thanks, interesting stuff.

>>132977712
>Is it wrong if I'm looking forward to a hard burst?

So am I. I sold my apartment in late 2016, since we've seen a steady increase of >10% every year since 2009.

File: 1499377719716.gif (960KB, 430x324px) Image search: [Google]

960KB, 430x324px

>>132977609
Well I don't think that he is a charlatan if that's what you're asking. The man believes what he's saying and much of that interview seems to come directly from his memory. Obviously he says a lot of things, but the idea that we're using monopoly money and that banks steal from us with interest rates and inflation is not new.

I guess most people are interested in whether all institutions are engaged in global crime, and whether they are satanists. Again, I don't doubt his story, and I think he was involved in some serious crime and saw some seriously fucked up shit. Even in ordinary normie celebrity circles the degeneracy and perversion is off the charts, and there is plenty of evidence that the elite are much worse. Similarly, there is no doubt that there is an ungodly amount of crime going on in which official authorities are involved. But the central matter in all of this is whether it is a conspiracy or something satanic.

I think there are plenty of corrupt people since capitalism and free trade puts no constraints on evil, and I also think most organizations do "deals" with each other in spite of moral grandstanding in the media. This could be for profit (fuck capitalism) or for satanic (fuck degenerate atheists) reasons, although even the satanists have to play by their own rules (which he understands). One of the problems with an analysis like this is how it's unclear what the role of belief really is. Christians are more likely to view satanic things everywhere, but on the other hand being a degenerate whore actually has reliable consequences too. Similarly, you might not believe in magic and ritual, but if you get sodomized by 8 chanting guys in robes it will change your personality for life. Eh, I'm ranting, it's a difficult topic for me so I'll try to summarize
>he believes his own story
>i believe his personal story
>his economic ideas are not new
>most organizations are criminal, yes
>what corrupts the world? ideas? greed? people? demons?

>>132977654
Be assured that every bank from Europe to China have their eyes locked on cryptocurrencies. I don't deal with it directly through my work, but we have a department consisting of 5 people whose sole purpose at the company is to research cryptocurrencies and blockchain technology.

Now imagine Citi, Goldman or Barclay's.

A bank may very well develop some blockchain technology which sole purpose is to safely store wealth.

>>132978526
Appreciate the answer.

The only thing that stood out for me as inherently false were the parts about rituals. The way in which he spoke, and all other parts seemed believable.

I suppose my skepticism stems from the fact that I cannot relate, or imagine the higher-ups I've worked with through the years ever doing that. I spent 4 years in London and NYC, wining and dining with execs of various financial institutions, and not a single thing left me with the impression that they were into the occult.

But who knows? Maybe I wasn't invited because I wasn't one of (((them))). It's intriguing nonetheless.

>>132952167
I have an incredible urge to punch him.

>>132951737
>believe Hillary Clinton was far and away the superior candidate
Why would I want to ask someone with shit opinions anything? Well besides the rhetorical question I just posed.

>>132951737
Do you think Mnuchin is ste up in the cabinet to inform Trump and his rich buddies when it's about time for the next big short?
On a sidenote: I actually use GS as an anti-indicator, e.g. when they talked down whole foods with their analysis, I bought.

File: DT3.jpg (229KB, 800x488px) Image search: [Google]

229KB, 800x488px

>>132979242
Why would you suck dick without asking further questions?
Hillary is over, now it's time to watch Trump close.

>>132951737

Hi there my friend! I have a lot of free time at my current job and I'm curious about online trading. I've been reading a lot for the past couple of months and I'd like to learn more. Can you recommend me any books or articles? For now it's just a hobby, but the more I learn the more I like it.

>>132951737
Is there a particular problem in banking that would take down the industry is exposed? (Like the DTCC in financial markets?)

>>132979380
You just have to answer to questions:
1. Do you know what style is?
People don't buy because of good numbers alone, people need visions like Apple, Tesla.
2. How strong is your confirmation bias?
Do you only see what you want to see? If so you have nothing to win on the stock market.

>>132979608
Not yet, but when you let Trump deregulate (Dodd-Frank e.g.) you will have 2008 all over again.

>>132951737
How many btc/eth you holding?

File: 1499197427242.jpg (9KB, 220x229px) Image search: [Google]

9KB, 220x229px

>>132979156
Oh mate, in that case I have some very bad news for you... The rituals he spoke of are not just a delusional conspiracy, they are very real, very old, and still very much practiced. It is not actually that difficult to find evidence of such matters, although it has mostly been surpressed in the media because of how obviously horrible it is.

To make the connection easier to swallow, you could consider gay orgy parties (every weekend in berlin) and something like the Dutroux pedo ring in belgium. Are such things thematically related? They are if you believe in the occult, and also if you believe in Christianity. The line between greed and crime, perversion and sexual deviancy etc are very hard to draw, but most people are disgusted when the line gets crossed. Consider a psychopathic manager on top of his game, why wouldn't he go to a party with underage girls provided by somebody at the venue? Surely you believe that Hollywood is full of pedos for instance? So as far as I can tell, the question becomes two-fold: does the occult/rituals work, and do they actually believe it? For me there is almost no question that some actually believe it and most are just followers. Like Ronald says, the way it works is you are invited to parties of escalating degeneracy. It has now become normal to have big booze parties with sex and girls even for ordinary office parties. What do you think the super rich are doing? Last year we watched all of Hollywood participate in spirit cooking. Does that affect people, do they believe in it?

My position is that yes it affects people if they don't believe in it, no most people don't believe it, and yes some really really do. I mean, even if you concede that most illuminati/satanist conspiracy people are not the brightest, isn't is slightly creepy how coherent their story is? You can read about jewish child sacrifice from over 2000 years ago and the rituals sound similar. Is that because religion is poison or just tradition?

>>132979608
The last banking crisis exposed a lot of dumb practices banks and outlawed them. Those exotic financial instruments pegged to baskets of subprime mortgages, ect. Banking reform since then has really reigned in the most attractive rope banks would use to hang themselves with.

There are no huge problems any more. I can see plenty of minor ones though, leveraged ETFs, Gold ETFs, many REITs and worthless stock that banks of underwritten (Snapchat IPO) could collapse and cause damage and pessimism.

There was talk of a bond market collapse for a while, but with the Fed steadily raising rates, banks are probably safe for the foreseeable future.

>>132951737
Ya you can get fucked you one world government fuck, day of the rope for you can't come soon enough

File: 42125457.jpg (6KB, 275x183px) Image search: [Google]

6KB, 275x183px

>>132951737

>LARP: Or how to trick /pol/ into serious conversation 101

never change /pol/, never change

>>132955817
That's a question for a real estate agent.

>>132980023
>The rituals he spoke of are not just a delusional conspiracy, they are very real, very old, and still very much practiced.

you forgot to post proof

File: 17190629_10211720298946857_2869766471695761543_n.jpg (34KB, 329x480px) Image search: [Google]

34KB, 329x480px

>>132979156
its been going on for years. years and years, thousands probably.

and it's absolutely rife today, more so than it has been in a long time

if you ever get invited to the inner circle and witness it, take this advice: leave. turn around, walk away, get out if you are still able. it's not worth it. it will never be worth it.

>>132980255
instead of being sarcastic and expecting someone to provide solid evidence on a complicated and elusive matters before you entertain them, why dont you do your own research?

take what you've heard, fact check it yourself. read up and around the subject. come to your own conclusions, face your own questions.

noone is going to spoonfeed you the truth about anything.

File: 1498584589549.jpg (270KB, 750x728px) Image search: [Google]

270KB, 750x728px

>>132980255
Babby leaf go back to r eddit, nothing i could post would be proof to you. You spent all thread arguing about how much money you make and how self-made you are, how about you self-make yourself some google searches and try to understand the occult? What Ronald talks about takes years to investigate and understand, it's not just a smattering of facts. Besides, I don't actually think you really believe that child sacrifice isn't old and still with us, cause that's just silly and naive

>>132980500
Would you say those occult fear/fight traditional Christianity more than any other religion?

>>132980691
anon i asked OP this:
"Hi!

Please expand or deny this conjecture:

Cryptocurrency is a program to vacuum money from the ppl and test run the digital money Central Banks want to implement.

The only real power for regular ppl is Silver, Gold, Farm land, knowledge and arms. In a broad spectrum anything from that wont be valuable when SHTF and DeepState/England/CentralBanks fight Russia and the remaining allies.

If I can have a full response to this would be awesome.

Thanks and hope you haven't gone to dark places doing what you do."

can you give your insight into that? ty

>>132980971
You are anarcho-capitalist but know shit.
Behind the dollar is not 'nothing' but one of the most dynamic and biggest economies in the world - the US.
Same goes for Euro and all other currencies.
Your ideas are meme's nothing else.
Bitcoin will be worth 100k or more in 50 years.
If it didn't had inherent value it would be valued at 0 and nobody would pay 2,5k for it.

>>132980255
listen to
>>132980691

> takes years to investigate and understand, it's not just a smattering of facts
is true. even after several years of research on the topic, that's still only baby steps towards the big picture. this isn't something people discuss with earnest because there's some concentrated cold hard proof we can just post on an image board to show everyone. there's an huge collection of different things you need to have understanding of.

start your research, or stay blind

File: 1498348499872.png (550KB, 632x600px) Image search: [Google]

550KB, 632x600px

>>132980809
Yes, although keep in mind that "the occult" is an enormously varied bunch of people. Some even consider all sorts of pagan varieties to be part of it. The problem here is that we have to ask ourselves to what degree Christianity is 'right' about anything, and whether it is just a belief system with certain perks and downsides for the individual and society. For example, a typical fedora atheist can have a lot of hatred for Christianity, but the reason for that is kind of irrelevant since he's just a kid, and besides he still follows most of the tenants (most normal people do). Similarly, someone who becomes a degenerate faggot is also 'fighting Christianity' in a sense, but does that person care? In Europe he wouldn't.

Anyway, if we narrow things down to the general jews/satanic/illuminati/NWO/etcetc people, then yes they are fighting Christianity in all forms. In fact, most of their philosophy and religion is predicated on the idea that the Christians are basically right about the state of affairs, but are batting for the wrong team. And once you believe that the devil tried to bring the light of reason to the world, whereas God wants to keep us ignorant and enslaved, things go sour very fast. But you can consider it on a much smaller scale: why are people in favor of "free love" and not big fans of marriage these days? Indoctrination, education, bad parenting, racial differences, sure. But if it IS a psyOP, then it was somehow managed without explicitly giving any Satanic reasons for degeneracy. But how?

Anyway the NWO Occult (if there is such a thing) fights Christianity both in practice (capitalistic/communistic degeneracy) as well as in spirit (they like their boy Lucifer). But this is essentially theology/psychology so it's hard to get concensus.

>>132981177
"50 years from now" did you skip your anti-retardation pill?

File: 1400833955290.jpg (192KB, 1600x1232px) Image search: [Google]

192KB, 1600x1232px

>>132981318
It's funny because it's what got me interested in christianity. I saw that all the "others" were fighting hard against it, and Jesus seemed to scare them a lot somehow.
I used to not believe any of it and call myself very rational. Now I believe in Christ and I'm asking for baptism.

>>132981423
maybe earlier, maybe later.
Bitcoin is here to stay, mark my words and feel ashamed in few decades for having invested in gold.
I make money off mongs like you on WS each day, guess why.

>>132981602
https://www.youtube.com/watch?v=oxrr_3YO81E

this video about UFOlogy made me believe in Jesus Christ

>>132981326
Are mortuguese allowed to join?

>>132981691
ok let's discuse the issue

what happens when the government that has the monopoly of money(DeepState/England) in the planet faces a hyperinflation?

they go to war with the one that wants it for them AKA China/Gold

>>132981888
I barely understand what you are saying but if I got it right you want to tell me:
If murrica starts to print away it's problems it will have to face the party liable aka China and there is a potential of war?
China and Russia are the biggest buyers of gold since 2014/15 (not 100% sure when they started to buy more than usual).
What is it you want to say?
Let's assume there is WW3 or any major conflict rendering computers useless.
THEN you MAY be better off with gold as bitcoin will be wiped off the face of the earth.
No computer = no bitcoin
But if you seriously want to be the guy buying your bread with gold in a mad mad setting?
Not so sure about that. You should hoard plant seeds, you will probably be much better off with those.

File: 1498666900337.jpg (124KB, 1024x819px) Image search: [Google]

124KB, 1024x819px

>>132980971
I appreciate the question but this is an insanely complex topic, and is riddled with the problem of "it's just a tool, it depends on how you use it". So we all agree that there's nothing bad about guns or weapons, and that they are necessary for self-defense etc. On the other hand, war and crime and death. Similarly, we can say that money was a brilliant invention but oh shit degeneracy and corporate exploitation. Everybody has their own theory about why the system fails, but not a lot of people really disagree about morals, so I'll try to focus on that.

The problem with cryptocurrencies is that its opponents do not see a potentially literally unbreakable contract platform, but a potentially catostrophic technology if controlled completely. What you said, the theory that "the only real power is..." assumes that people have agreed on a currency and the markets have settled so that prices are agreed on etcetc. Upheavel and abuse can happen, for instance it's easy to steal gold with violence. Fiat money has many other problems, some of them you could consider fundamental (like the debts/interest rates). But on a small scale, with family/friend you trust, it's an easy and efficient system to use. It's just not feasible to transport gold across the earth, and if it takes time you need a contract based on trust anyway. So then what? It's also possible to use fiat money backed by gold to get rid of some of that, etcetc.

Cryptocurrencies try to remove the problem of trust from future contracts. The dollar works because the Fed backs it (meaning it will have value in the future), and it can do this because there is an underlying (oil-)economy that they basically run. This might sound a bit perverted, but it actually works quite well. Also many nice people believe Keynes, so it can't be all bad. On the other hand, cryptocurrencies try to get government out of the mix by decentralizing. The tech is legit, and I don't think it originated in a desire to abuse.

>>132982227
*mad max

>>132972087
>ÓP
>Ó
What keyboard are you using, leaf?

>>132982227
>But if you seriously want to be the guy buying your bread with gold in a mad mad setting?
Where does this meme of societal collapse/decline being synonymous with Mad Max setting? Even in Nazi-occupied Poland there still were markets and trade, with people who converted their assets to gold or dollars ending up in better situation than those stuck with currencies of conquered nations or, say, real estate razed by bombardment. I'm not some hardcore goldbug, but holding some assets that would retain their value during a collapse doesn't seem like a stupid idea.

>>132982962
*where does the meme come from

>>132982227
first off a country handling the main currency of the world (stuck with a private bank ensuring its FIAT worths something) can't print away. Every time it printed it's problems away was to create a bubble (.com, subprime, shaleoil and always War). If there is not something for them, they (private banks holding the quality of the debt up) won't participate. That leads to strength. Who will be the strongest? China already surprased USA as the biggest economy in the world and they are mining its country and not letting any ounze of gold get away.

The real issue here is how the world Crosses the Rubicon from U$D to something for everyone. That is when a mix of crypto/gold is going to emerge but before that... Oh Boy

i'm happy that i'm in the country now watching all this develop

>>132982259
Also I would like to add that your doomsday scenario also applies to cryptocurrencies, since they require an impressive electrical infrastructure to even get off the ground. In WW3 with russia there might be some computers and electronic devices that no longer work... Maybe cryptos are the ultimate centralization tech, but I believe it was not developed for those reasons. Also right now most money institutes are not happy with crypto, so take that as you will.
>>132982962
I think it's a kind of thought-experiment purity test for a system. To examine if cryptos are bad, let us take the case of utter societal collapse and see what we get. Of course in reality markets are eternal and ineradicable, and trade will pop up wherever people have needs. You also hear mad max mentioned in the context of guns, shooting right past the "well-regulated militia against gov tyranny" straight to the almost religious principle of self-defense. When it comes to what you should prepare for, mad max is probably not the right model, although doing so can be instructive to show how much you actually depend on the system.

>>132982962
gold ended as a mean of international government trade in 1971. That's 46 years not 300! Is not even 50!!!

File: Le-Merchant-1.jpg (170KB, 1041x789px) Image search: [Google]

170KB, 1041x789px

>>132951737
What (((type))) of banker are you?

>>132983166
Don't tell me it can't print away, tell that to the Donald.
Countries like Russia and even China are dependant on Gold as a hedge for worst case scenarios.
Did you ever think about that having gold is not only protection against a devaluation of your own currency but actually a tool of financial warfare?
Let's say Russia buys gold and then starts a war...they will massively profit from the rising gold then. They can actively influence the value of Gold by that..quite worrisome at least to me.

>>132984000
Donald is playing with deficit without a crisis over him, until Sep anyway... After that if he didn't solved healthcare and taxes he is totally fucked

China and Russia had to go to Gold. No other why to lay low without causing real problems (Saddam -> trying to sell oil in Euros. Gaddafi trying to create the African Gold Dinar)

I see 2 scenarious:

1 things chill out globally, Greater Israel is postponed a few years and economy gets moving.

2 things get out of hand for Donald and no way a Twitter post helps. The Jews take advantage of that, kill him and induce War in ME and Putin starts the fan of bombs. First one to fall will be Saudi Arabia then no one knows...