I guess it depends on how you measure 'smart'. Do you mean Daniel Tammet smart, or Vladimir Putin smart?
Stupid violent people always do. It's a theme that crosses history and geography.
No, wrong. By the law of averages I would say your IQ is below 85.
The law of averages tells the rest of us you have not got a clue.
herbie
10 Sep 2016, 09:44 PM
Just personally, I'd guess me ole mate Skamy's IQ is 120 plus? (Hmmm - Hi'ish 120s ta lo'ish 130s even?)
'Though doubt it's 140 or over just so's all youse highly sensitive Mensa type dudes out there don't gotta start feelin' threatened ... LOL
I used to hit Mensa scores in my youth - doubt I could these days - but still we have a lot more smarts than some of these young smart alecs come latelys who try to tell us winter is coming lol.
Jon Snow
11 Sep 2016, 12:12 AM
IQ is like GDP. Fairly pointless measurement, but people seem to place great stock in it.
I would put Skamy's IQ at about 105 to 110.
And most heuristics used by the common man are fallacious, including the law of averages, which is the fallacious application of the law of large numbers to sample sizes that are too small to be statistically meaningful.
But you know that already.
You are behind the times - heuristics are very useful indeed, without them you are destined to repeat every single error of your predecessors.
If you choose to ignore heuristics like "rent money is dead money" and "Don't wait to buy property, buy property and wait" well you will just follow in th paths of the many financial fools who have traveled this well known pathway to impoverishment and scraping rent money to live in the boondocks when they retire.
Simon_S
11 Sep 2016, 09:37 AM
No I'm seriously asking why FINANCIAL INSTITUTIONS needed to be BAILED OUT during the GFC.......
The Emergency Economic Stabilization Act of 2008 commonly referred to as a bailout of the U.S. financial system, is a law enacted in response to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage-backed securities, and supply cash directly to banks. The funds for purchase of distressed assets were mostly redirected to inject capital into banks and other financial institutions while the Treasury continued to examine the usefulness of targeted asset purchases.[1][2] Both foreign and domestic banks are included in the program. The Act was proposed by Treasury Secretary Henry Paulson during the global financial crisis of 2008 and signed into law by President George W. Bush on October 3, 2008.
Or are you saying that that never happened?
Wait a few years Simon and you will get the answer yourself.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
The law of averages tells the rest of us you have not got a clue.
I used to hit Mensa scores in my youth - doubt I could these days - but still we have a lot more smarts than some of these young smart alecs come latelys who try to tell us winter is coming lol. You are behind the times - heuristics are very useful indeed, without them you are destined to repeat every single error of your predecessors.
If you choose to ignore heuristics like "rent money is dead money" and "Don't wait to buy property, buy property and wait" well you will just follow in th paths of the many financial fools who have traveled this well known pathway to impoverishment and scraping rent money to live in the boondocks when they retire. Wait a few years Simon and you will get the answer yourself.
Who owns the IMF Simon?
So Skammy you actually Believe that Central Banks can create Growth............
LOL....
So after QE ZIRP and NIRP the Global Economy has Recovered fully to begin the Next Boom.......
You are behind the times - heuristics are very useful indeed, without them you are destined to repeat every single error of your predecessors.
I didn't say they are not useful Mensa, I said that most heuristics used by the common man (average person) are fallacious. You read at a year 8 comprehension level but your IQ is Mensa ... Wait ... better use gender neutral language in this age of PC. I'm saying that most heuristics used by the common person (average fool) are fallacious.
Quote:
If you choose to ignore heuristics like "rent money is dead money"
That's a great one. I suppose interest payments are 'live money'. No wait, grocery money is dead money. You should grow your own food, or own your own supermarket. Ever heard of specialisation Mensa? You know, that what built civilisation? Civilisation Mensa, heard of that? Or are you still growing potatoes in preparation for the next famine?
Quote:
and "Don't wait to buy property, buy property and wait"
Thank god no one of any intelligence listens to this fallacious crap or we would still be living in mud huts and dying before we reach puberty.
Quote:
well you will just follow in th paths of the many financial fools who have traveled this well known pathway to impoverishment and scraping rent money to live in the boondocks when they retire
Blah blah blah , chitty chat chat.
Speak when you are angry and you will make the best speech you will ever regret. Ambrose Bierce
I used to hit Mensa scores in my youth - doubt I could these days - but still we have a lot more smarts than some of these young smart alecs come latelys who try to tell us winter is coming lol
Good on ya Sis - I reckon me 'average' IQ would vary between 60 'n 120 these days - Just dependin' on how far inta me bottle of grog I are ...
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy