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Last Shout - Posted by: Dirtweasle - Thursday, 02 September 2010 14:08
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| He did a test session for Red Bull in a stock car, he is *NOT* a NASCAR driver.
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Welcome, Guest. Please login or register.
September 03, 2010, 10:01:45 PM
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News: The Wiki is back - Logins are now required.
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2
on: Today at 08:33:31 PM
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Started by rleete - Last post by Sasquatch
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...I'd just like to say that the military side of things in Civ sucks massive balls...
I agree. HTF did that happen???  Michael |
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3
on: Today at 06:43:08 PM
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Started by Dirtweasle - Last post by Egbert
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What's the cost to rent an anchored tanker for a month? $1/barrel?
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4
on: Today at 06:42:21 PM
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Started by Dirtweasle - Last post by Egbert
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Isn't the price set by contracts, not the actual purchase of the product? My thought is that people are more willing to hold those contracts in lieu of dollars, for that period. These people don't want to actually end up owning a barrel oil at the time of delivery. They expect to unload the contract to someone who does. In which case they're speculating that: A) the demand for oil will rise in the interim or B) the demand for oil will maintain in the interim or C) the pool of dollars will increase in the interim thus increasing (or at least under B preserving) their purchasing power. Maybe it is entirely incidental, but the price of oil in dollars was pretty stable from initial discovery under the gold standard and during the Bretton Woods era, and only began gyrating wildly after Nixon closed the gold window. I believe that act unleashed the deluge of credit we're still coping with now, and with it increased speculation in search of 'paper profits'. Entrepreneurs will continue to struggle in this currency regime much as a carpenter would struggle to complete a building if each morning you changed the length of an inch. you are in part correct I think when the contracts mature the oil is delivered that is the rules of the Nymex the delivery dates are set at the months end... all that months contracts mature collectively you can hedge into the futures but the oil will be delivery on the day.. like musical chairs if your left holding the contract on the last day the oil goes into your backyard the expiration dates for the contracts have to find a end user who actually wants the oil... hence speculation can not last beyond the next expiration date..any speculative price between expiration dates will show up as a bulge with a lot of speculators losing there shirts on the final day. there is no data supporting this distortion some people hoarding oil will effect the price as storing it is end use. Yeah but, couldn't you just take delivery and then sell the contract for delivery to someone else next month? |
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5
on: Today at 06:39:51 PM
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Started by Dirtweasle - Last post by Egbert
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It's not communism to have a plan. Unless it's a 5-year plan. If Europe had bigger roads they would have bigger cars. Ever try to drive an Escalade through Paris? I haven't, in fact. Driving through Paris would be as crazy as driving through London (although IIRC Paris is its own special hell due to the driving technique of the Parisians) There are efficient, fast and reliable public transport systems for moving through places like that. I can quite understand if it was a sad-making experience. Seriously, though - Metro/Underground....it's your friend, apart from during rush hour. Forgot to add - yes, 5-year plans are definitely Communist. But having, say, a 20 or 30 year plan for where you want to be isn't a bad thing. At least then there's a chance the politicians are looking beyond re-election. Maybe. Or maybe I'm just being hopelessly optimistic. In many places in the U.S. decent light rail exists though it had to be built after the government hindered the private commuter rail industry and substituted buses in it's stead. I wonder what percentage of oil use is by federal state and local governments. |
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6
on: Today at 06:27:45 PM
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Started by Dirtweasle - Last post by Egbert
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Americans "just have to go down in their living standards" after years in which their living standards soared in part based on foreign credit which is no longer there," said University of Munich economics professor Hans-Werner Sinn. Jacob Frenkel, Chairman of JP Morgan Chase International, urged the United States to rein in entitlements as part of a "political deal" that recognizes reality. [/quote] I do not think the average American has benefitted all that much from the obnoxious spending of the Federal Government. I think some targeted groups and politically connected groups and individuals have benefitted disproportunately, especially lately. |
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7
on: Today at 06:15:37 PM
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Started by Dirtweasle - Last post by Egbert
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One reason to support the flat tax. I'd vote for Teve Torbes. When I read about the Fair Tax it seems to me that it invites corruption to the supply chain and 'Family Consumption Allowance' part looks rife for abuse (by politicians) as well. From an economic standpoint I think a consumption tax is wiser than an earnings tax. I'm just leery about how this would turn out in practice, as prescribed in the Fair Tax. yes, I think a consumption tax would be a much better idea but, I do not trust politicians to institute a consumption tax AND remove all income taxes. I think they would find a way to do both. |
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8
on: Today at 06:11:41 PM
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Started by Blackhorse - Last post by Egbert
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WTF do you get matchboxes these days??!!
Wal-mart Not if he's British. Those models are spectacular. That's correct. The evil Walmart hates British. I frequently sneak products from Walmart to my British friends. |
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9
on: Today at 02:15:12 PM
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Started by Elvis - Last post by Elvis
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10
on: Today at 02:12:49 PM
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Started by Wolfpack - Last post by Wolfpack
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Softwipe seems to have broken their matchmaking system. I was pretty much horrified by most of my battles last night. When it worked, the teams were great, like best balance I've ever seen. Unfortunately, with the wipe and free gold, it seems everyone but me went straight toward the IS-7, Maus, and JagdTiger. I played a game last night with my Leopard, and here was the team lineup:
3x IS-7
2x IS-4
2x IS-3
4x JagdTiger
3x Tiger II
1x Leopard
Yeah, both sides, exactly the same. I challenged the other Leopard to a duel, since we wouldn't be able to do anything else, but he didn't respond. I tried scouting, and died inside of 30 seconds. Like I posted on the forums, scouting against a couple of heavies isn't a huge problem. I'll run around and dodge, and if they hit me, well, them's the breaks. But if I'm going up against 14 other super heavy tanks, random chance says at some point they're going to hit me, and when they do, I go splat.
So I had to start taking my heavier mediums out just to have a chance to maybe damage something and/or live more than a minute. Hopefully people get tired of playing with their big toys and start going back to smaller tanks to bring in more balance, but apparently the increased credit gains from battle, so playing the high tiers aren't even unprofitable anymore like they used to be. Until something changes, I think I'm going to buy a little tank and go back to the recruit battles.
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