yeah universities want to make $$$$ its a big business in itselfthere is a bachelor of innovation and entrepreneurship at adelaide uni i mean cmon
Okay but no one has said otherwise it's not a permanent store of value, people are hedging while currencies are fucked like they do in anything else. What you're arguing is some 'inherent value' prices bullshit, gold is worth whatever people are willing to pay for it.definitely justifies $1700. mark my words gold will crash spectacularly, maybe not in the next 6 months/year, but it will.
hyperbole on the word crash, replace with correct. to be honest gold could go to 2k for all i know, but it will drift back in line with its $ historical growth eventually. i'm not saying in any way 'herpderp gold should be worth what it can be practically used for' but rather how it just has no real legitimate reason to be some store of value because only a certain amount of it exists in the world. like you could replace any rare substance with gold, it could be a store of value in a parallel world and people might be 'oh damn, look at the diamond price go up'.Okay but no one has said otherwise it's not a permanent store of value, people are hedging while currencies are fucked like they do in anything else. What you're arguing is some 'inherent value' prices bullshit, gold is worth whatever people are willing to pay for it.
CRASH SPECTACULARLY - there's no way gold is ever going south of ~1k an ounce in the next 5 years, you have Sovereign debt crises, the Chinese being fucking wary, the US looking particularly abysmal currency/recovery wise, the EU falling apart in front of our eyes and most of the main geopolitical bullshit hasn't even kicked off yet.
Is an increased population of educated people not an economic investment that also allows us to be more globally competitive?i think like maybe 20% of people should be eligble to go to uni
subsidies or free education for people studying shit like medicine/engineering w/e & free education for people studying anything that exhibit genuinely remarkable talent but cant afford to pay themselves otherwise no subsidised education and full fees for cunts wanting to do an arts degree in some trash so they can party hard for 4 years and be retards
allow workplaces to use high validity (higher than college degree validity) psychometric job testing extensively so they wont need to use arts degrees anymore to screen for ability/diligence when sorting through the applicants for their advertised receptionist job which means large numbers of people wont need to go to uni anyway
we all save $$$$$ and time lets not hear any of the bullshit about OMG WHAT A LOSS THIS WILL BE TO HAVE A LESS EDUCATED POPULATION hahaha yeah right
Cannot say how much I agree with this though, not sure what it's like at other unis or in other courses though but I suspect you could easily shave a year or more off quite a few degrees (probs not shit like engineering I guess).also ffs make degrees as short as they can possibly be
dont give me this bullshit about how you need 4 years of learning or w/e to become a journalist hahaha yeah sure
more like get rid of all the course padding and all the useless bullshit and cut the degree time to like 1 year
stop wasting peoples time and money
or you could just embrace anarcho-capitalism, no tax efficient industries win wintelstra ran a fear campaign against the nbn? that's news to me.
okay let me go back to square one. i'm not sure where this arguement got too, but it was originally about tax and now has moved onto having gov owned monopolies in markets to fund public spending?
hate to keep bringing up the same points but do you guys even remember how shit telstra was when it was government owned? horrible call out times on technicians, call centres jammed, super high pricing and all around poor service. this is what happens when you have a government controlled monopoly. no incentive to improve, no incentive to innovate. since then? just look at their financial reports today, no wonder the stock has shot up >4% even though the market is down. the australian public is better off now with internet/telecommunications choices then they were in telstras monopoly gov. enterprise days.
and re the stats on china, it is a socialist country, where they don't have elections, free speech is curtailed, the internet is censored, trials are held behind closed doors.
even so:
look at the ROA on those companies. if you're wanting to live in a world without tax, enjoy sacrificing efficient industry.
lol journalism degrees are a fucking jokealso ffs make degrees as short as they can possibly be
dont give me this bullshit about how you need 4 years of learning or w/e to become a journalist hahaha yeah sure
more like get rid of all the course padding and all the useless bullshit and cut the degree time to like 1 year
stop wasting peoples time and money
commodities illegitimate says internet experthyperbole on the word crash, replace with correct. to be honest gold could go to 2k for all i know, but it will drift back in line with its $ historical growth eventually. i'm not saying in any way 'herpderp gold should be worth what it can be practically used for' but rather how it just has no real legitimate reason to be some store of value because only a certain amount of it exists in the world. like you could replace any rare substance with gold, it could be a store of value in a parallel world and people might be 'oh damn, look at the diamond price go up'.
look based on the reasons people flock to gold (which i personally believe the reasons are stupid) it should keep on pushing up at least for a while. the whole concept is so bizare, owning a piece of metal rather than owning a bond or shares which can generate an income for you. but hey, if you can trade it and get out at the right time, kudos, you'll make a lot of money. just because something is illegitimate doesn't mean you can't make money from it.
like how many people do you know who have a degree but always say that what they learned in their degree doesnt help them at all in their job and that the work theyre doing now is tangentially or not even related to their education at allIs an increased population of educated people not an economic investment that also allows us to be more globally competitive?