@TobiasHuch@TobiasHuch This is one of the stupidest things I've ever read. Somehow, "We are getting suspicious bookings, please verify you are a real person" got translated to "We are Judenrein." Yeah, right.
I wouldn't pay it out of my hard earned money. But if you offered me the choice of two tickets one that gave a good chance at $200 and one that gave a small chance of $90k, I would take the small change of getting $90k. $200 isn't a blip on my financial radar while $90k means two years of free college for my kid.
There are two questions. 1) the better to play as asked in post. My answer is B. 2) Expected winning are greater in which lottery? My answer is A, where you expect to win $10, as opposed to B where the answer is $9.
But as stated above I'd rather win nothing for a chance of $90k, as opposed to even a guaranteed $200. $90k would pay for half my kid's college education. $200 just isn't anything exciting.
@TCentrist39096@RockChartrand If my savings ran out I wouldn't be the greedy business stealing my employees' labor. And my employees would be free to get another job with no other consequences. I would just be bankrupt with no business and no savings. So, I am still the one who took all the risks.
Bullshit. I have had the same employees for 10+ years. Do you think I just reduce their wages during times I don't make as much money? The only people I have ever fired were for incompetence. Even during COVID when I lost a ton, I kept paying my employees with my savings because they had families to take care of. You clearly aren't a business owner.
@ArcCube1_@TheAliceSmith This is no longer true. North Korea is entering the demographic death spiral without having first gone through the prosperity phase. https://t.co/j2kYSGLu3P
Because they have zero risk if the strategies fail. A smart employer will reward hard working and innovative employees with higher salaries/bonuses to keep that behavior up, but thinking they automatically deserve the profit is ridiculous. What if the new strategy they suggest bombs? Should any losses be taken from their wages?
"Social Security functions as a "pay-as-you-go" system. Current payroll taxes from workers are immediately spent to pay benefits for current retirees and beneficiaries. When the program collects more in taxes than it pays out (a surplus), the money isn't sitting as cash in a vault. Instead, the surplus is lent to the U.S. Treasury and spent on other government operations. In exchange, the Social Security trust funds receive special-issue U.S. Treasury bonds (essentially government-backed IOUs)"
The money is spent the second the government receives it. Long gone are the days when the money was held in a trust fund. Plus you haven't addressed how private accounts can go to your heirs, where as giving the government the money means any excess from those who die early the government just gets to keep.
The system is particularly unfair to black men with an average age of death of 69.1 years. All their years of paying into the system and they get much less back and their heirs get a big fat zero..
You're just trolling, correct? The fund doesn't invest anything. The government just spends the money as it comes in and depends on the contributions of the still working to pay SS recipients. Plus if I spring my mortal coil before hitting retirement age all the money I contributed just disappears. If I could have invested it, my heirs would get the money.
I do invest my money in awesome investments. However I also have had SS forcibly taken from me for >40 years and the ROI will be shit especially if I don't live until 90. If I could have put that money into an index fund, I would have a lot more money than I'll ever get from SS, plus when I die my heirs would get whatever is left over. If I die today, my heirs get nothing despite me paying into SS for many years.
@TodayinHistory A. I went on a short trip to Iceland and Greenland but there was so much I didn't get to see, so they're still on my bucket list for a more thorough trip.
@kamikazecash I'm approaching retirement age so it's too late for me. If you'd offered me this in 2000 when W tried to privatize SS I'd have been all over it.
If I could get everything I paid into it and not receive any benefits I'd do that 100%.
Wow, I guess you are showing how stupid you are. Every change in 15C is the same as 27F. So my change is still almost twice what France says is safe.
You just went to a conversion and asked how much is 15c in F and got that it is 59F. That is one static point not how much things change if you add or subtract 15C.
@BladeoftheS I don't do drugs. I bathe every day. I have a job, maintain my home and take care of my family. I think I have more in common with billionaires than with the homeless, despite the wide gap in our net worth.
According to grok --
Geological evidence shows Greenland was dramatically greener (and largely ice-free) in the deep past:
~400,000 years ago (during a warm interglacial period called MIS 11): Large parts of Greenland, including areas now under thick ice, were ice-free. There were forests (including spruce in the south), tundra vegetation, insects, and even unexpected animals like mastodons. Sea levels were much higher globally.
Over the last ~2.7 million years, the ice sheet formed and retreated multiple times. Greenland was nearly ice-free or had much reduced ice for extended periods during the Pleistocene, with vegetation covering what is now the ice sheet.
The current ice sheet is hundreds of thousands to over a million years old in places, but it has waxed and waned significantly with natural climate cycles.