Forum » General » deflation | Date | |
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its more fundimental for me @ p im against our current form of world capitalism, the man u case highlights for me why its wrong: the Glaziers loaded it with depth and sqeezed the business for more profit to increase share price and pay themselves dividends football clubs in particular should have been protected from vulture capitalist 'greed is good' in the 200AD there was A roman charioteer, named Gaius Appuleius Diocles, amassed a fortune 35,863,120 sesterces in prize money – the equivalent of $15 billion (£9.6 billion) we say history repeats itself and here it is ... |
17/07/2014 11:01 |
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superkrapper said: its more fundimental for me @ p im against our current form of world capitalism, the man u case highlights for me why its wrong: the Glaziers loaded it with depth and sqeezed the business for more profit to increase share price and pay themselves dividends football clubs in particular should have been protected from vulture capitalist 'greed is good' in the 200AD there was A roman charioteer, named Gaius Appuleius Diocles, amassed a fortune 35,863,120 sesterces in prize money – the equivalent of $15 billion (£9.6 billion) we say history repeats itself and here it is ... if he had performed as bad as United last season he would have been fed to the lions |
17/07/2014 11:08 |
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Haha I'm a massive man u fan and that was funny I agree super there's a lot of dodgy stuff going on. It's hard to blame the people who use the system to their advantage though, I think greed will always be a problem but coupled with de-regulation you have major issues. For me, greed and regulation are yin and yang, and I believe it's the imbalance in that area where a lot of the problems are. I'm not sure here is the right place to discuss these things but if other people want to get involved then I'm all for it, otherwise I'd be happy to talk in private Edited by @practicesquad 17-07-2014 12:46 |
17/07/2014 12:45 |
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mrkxk said: superkrapper said: no its worst itrw its now the norm to buy any public listed club using the clubs own money!! man u case and point - they bought a club cash and asset rich using a 'bridging loan' asap they own the club - they borrow against the club to pay back bridging loan now they own a club all be it with massive depts having not risked a penny of own money this world makes me sick man u make me sick Go see a doctor asap...to me I think that's business strategy...I don't want to talk much...according to Forbes Man United are among the top 3 most Valuable sport team in the world now worth an estimate of $3.6bn Real Madrid taking the lead, I think...it's all about good management Edited by brighteejay 17-07-2014 13:27 |
17/07/2014 13:11 |
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normally i would agree with P that this is going off topic and not suitable for general. however, as now the forum is near dead any discussion is better than none i mean i guess we are still talking about sm and possible maga deflation coming whilst also discussing wider implications itrw after all its only a game and we need to keep our focus in reality :S so back to off track brighteejay brings a good point that asks the question i am driving at: what do we want from our football clubs? on one side we have the current commercial vision; profit driven to excellence, highly regulated and thus ever more progressive (expense and quality) to the fans and entry level players on the other side we use to have the opposite of the above and more local control why should it cost anything from £50-£100, ultimately what will these ever inflating costs achieve? well lets guess in 50 yrs = clubs worth trillions, players making billions, ever increasing revenues make watching via tv really expensive (it wont be possible to illegally stream anymore) as for a seat these will be all reserved for sponsors but would be too expensive for anyone below middle management level. Edited by superkrapper 17-07-2014 16:55 |
17/07/2014 13:49 |
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Yeah but you have to have a middle class. Without it, you can't sustain an economy. With that in mind it's all relative, clubs might be worth trillions, but you're average income will increase 20-30 times in proportion. Ever inflating costs are just another way of keeping the balance with ever increasing income. The issue for me is resources, and how the seemingly infinite increase in value should in some way be contrasted with the sale and production of goods. You can buy and sell commodities till the cows come home (pun intended), but there are some things you can't just reproduce forever without using up the resources that create them. It just seems like a giant black hole to me and something that can't last forever. I'm not a student of economics though so I could be way off. If someone could enlighten me in this area I would be very grateful Edited by @practicesquad 17-07-2014 14:37 |
17/07/2014 14:36 |
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opps Edited by superkrapper 17-07-2014 16:54 |
17/07/2014 16:52 |
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@practicesquad said: Yeah but you have to have a middle class. Without it, you can't sustain an economy. With that in mind it's all relative, clubs might be worth trillions, but you're average income will increase 20-30 times in proportion. Ever inflating costs are just another way of keeping the balance with ever increasing income. The issue for me is resources, and how the seemingly infinite increase in value should in some way be contrasted with the sale and production of goods. You can buy and sell commodities till the cows come home (pun intended), but there are some things you can't just reproduce forever without using up the resources that create them. It just seems like a giant black hole to me and something that can't last forever. I'm not a student of economics though so I could be way off. If someone could enlighten me in this area I would be very grateful i think we are all students of economics @P As u say economies are sustained by ever inflating prices, u also worry about world finite resources (the two being mutually exclusive when born out in long run). RU right: whilst population is expanding the fiat fractional reserve banking capitalist system we use will expand with it (inflation or growth) soon as that pop levels or falls the system will fail (see pyramid/ponzi schemes) also note world sperm counts have dropped over 50% in last 50yrs! world pop is now 7bn by 2050 it will be 10bn - world birth rates per female currently 2.2 projected to fall to 1.9 by 2050, thus world pop is due to stabilize around 10bn for the very long term --ages comprising roughly as follows... 2bn 0-15, 2bn 16-30, 2bn 31-50, 2bn 51-70 and 2bn 71+ (check out the work of statistician Dr Hans Rosling) U might have heard India is set as the main net increase, today India is biggest spender on arms imports in the world by 2050 fresh water supply will be world issue no.1 scarcity of resources will leads to more conflicts in mans entire history there has never been a year without a war - ww1 civilian casualties =10% ww2 " " =50% Vietnam " " =70% Iraq2 " " =90% its not a pretty picture i paint but if i couldnt get u guys who love football to agree that there is a better way of running clubs than the profit motive then i felt its all hopeless and i should suck a tail pipe now /o\ we have a window of about 10yrs to change our direction b4 we are locked in by our choices nb of course there was thomas malthus in the 1700's who said food would run out due to pop increase - he failed to predict mechanisation of farming |
18/07/2014 13:22 |
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