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The Official Economics/Finance thread

dartsndeacs

dartsndeacs

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Found this article interesting, we're worried about what happens when the Boomers retire to social security.... well China averaged 6 births per woman in the 70's to fuel growth then followed that up with a one child policy to deal with overpopulation. That group is now aging. What happens 30 years from now is going to be remarkable.

https://www.nakedcapitalism.com/2018/01/china-the-aging-dragon.html

This is my main blog I use for info, anyone have any other good ones?
 
The Chinese are therefore to be encouraged to have more children.
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Plama, is your Dragon Lady pushing for you to put a baby in her? She should.
 
Another consequence of the one child policy, albeit more social than economic, is the wide disparity of boys to girls. There are about 34 million more men than women in the country.
 
How do you ensure a child develops into a professional athlete
 
The Bezzle: “When I jokingly tweeted about ‘investing in Dogecoin’ in late 2013, I never imagined that the tongue-in-cheek cryptocurrency I had just brought into the world would still be around in the year 2018, let alone hit a $2 billion market cap like it just did over the weekend” [Vice]. And: “At the time of writing, it costs an average of $30 to send any amount of money using the Bitcoin network. At the same time, a token that touts itself as “the blockchain solution for the global dental industry” has just surpassed a $1 billion market cap. Something isn’t right here.
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https://motherboard.vice.com/en_us/...currency-hit-2-billion-jackson-palmer-opinion

How does one short doge coin?
 
What happens when a city of 4 million people turns off the tap water due to drought? Opening up 200 distributions centers expecting to service 5,000 people each per day. That math doesn't seem to work

Cape Town, South Africa

https://www.japantimes.co.jp/news/2...r-shut-off-day-zero-due-drought/#.WmlTWZM-dPO

Residents are now ordered to use just 87 liters daily — falling to 50 liters on Feb. 1 — to conserve supply.

A typical shower uses 15 liters per minute while a standard toilet consumes up to 15 liters per flush, according to WaterWise, a South African water usage awareness campaign.
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