Kung-Fu Jesus's definitions
Where people expect financial investments to rapidly increase, like in the economic boom of the eighties. It is so called, because masses of first-time investors rush head-first into the markets with thier money, expecting to amass riches beyond belief.
Japan's 1980's bull market was so good that, in 1989, Japan was expected to overtake the United states as the world's richest economy. The reccession of the 90's prevented this.
Today, it is just recovering from a bear market
Today, it is just recovering from a bear market
by Kung-Fu Jesus April 18, 2004
Get the bull market mug.(n.) a social gathering, where many people will take thier families along to eat pre-cooked food outdoors
(v.) to participate in a picnic as defined above.
(v.) to participate in a picnic as defined above.
Apparantly, the source of the word picnic is "pick a nigger", where after eating, sack-races and incestous activity, the redneck community of the southern United States would randomly pick an enslaved black person to abuse and lynch.
by Kung-Fu Jesus April 28, 2004
Get the picnic mug.Nike, General motors and a bunch of other Transnationals already have turnovers far far above the GDP of some LEDCs.
It's a well established fact that these transnationals can push the LEDC governments to change legislation in thier favour, with the threat of simply moving business elsewhere for a lower production cost. But remember, it's the governments of these LEDCs that have the final say, just allowing the scaremongers at the transnationals to trick them. Your theory that no government would have it in thier power to stop them is proposterous. Even at the very worst, they could simply become isolationist and nationalise all foreign owned business, a la Fidel Castro.
But think about it, suppose Nike didn't like the deal it was getting in Thailand, and moved production to somewhere else (been done before). Would the people of these countries feel better then, with no income at all? I think not.
The benefits of capitalism still outweigh the negatives. Communist governments have never contributed anything to the world except genocide and games of economic catchup.
=Communism does not benefit the human race.
It's a well established fact that these transnationals can push the LEDC governments to change legislation in thier favour, with the threat of simply moving business elsewhere for a lower production cost. But remember, it's the governments of these LEDCs that have the final say, just allowing the scaremongers at the transnationals to trick them. Your theory that no government would have it in thier power to stop them is proposterous. Even at the very worst, they could simply become isolationist and nationalise all foreign owned business, a la Fidel Castro.
But think about it, suppose Nike didn't like the deal it was getting in Thailand, and moved production to somewhere else (been done before). Would the people of these countries feel better then, with no income at all? I think not.
The benefits of capitalism still outweigh the negatives. Communist governments have never contributed anything to the world except genocide and games of economic catchup.
=Communism does not benefit the human race.
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by Kung-fu Jesus June 24, 2004
Get the y halo mug.(n.) A man who commits unconsented anal sex, particularly on other men. See homosexual or gay rapist
(n.) Friend of smokey
(n.) Friend of smokey
He broke in to his house through the window and stole John's money, DVD player and rolex. Before he left, he fucked john in his sleep, making him and arse bandit.
Somkey and the arse bandit.
Somkey and the arse bandit.
by Kung-fu Jesus July 27, 2004
Get the arse bandit mug.Money has a time value, net present value is future cashflows brought back to today's value against a discount factor (11% is standard), minus the initial investment. If the net present value of cumulative cashflows is positive, then the project should be accepted, unless a more profitable investment is also availiable.
To calculate the NPV of an investment, one must know the discount factor, cost of investment and expected incomes (based off accurate data)
by Kung-fu Jesus July 6, 2004
Get the net present value mug.What I've apparantley failed to mention, senor jb has failed to correct.
His incorrect and quite preposterous assertion that 'by the turn of the nineteenth century it was already producing more industrial goods than the rest of the world' is very much a joke. How 4.6% of the worlds population, living in 6.1% fo the total land area of the world can outproduce the rest of it is beyond logical thinking. While the united states may have been the country producing the most industrial goods, it was unlikely that per person it was the most or was, as this joker claims, making more than the rest of the world combined. The next coherable sentence (jb sure is smoking something, which is affecting his 'facts' and understandable english. Give me some of what you're smoking!) is about a status quo being interrupted? I'll assume this is a piss poor pseudo-intellectual statement, and that you actually meant I'm angry at america for whatever reason. Elaborate.
And didn't the commies in yugoslavia fund themselves with he marshall plan money?
His incorrect and quite preposterous assertion that 'by the turn of the nineteenth century it was already producing more industrial goods than the rest of the world' is very much a joke. How 4.6% of the worlds population, living in 6.1% fo the total land area of the world can outproduce the rest of it is beyond logical thinking. While the united states may have been the country producing the most industrial goods, it was unlikely that per person it was the most or was, as this joker claims, making more than the rest of the world combined. The next coherable sentence (jb sure is smoking something, which is affecting his 'facts' and understandable english. Give me some of what you're smoking!) is about a status quo being interrupted? I'll assume this is a piss poor pseudo-intellectual statement, and that you actually meant I'm angry at america for whatever reason. Elaborate.
And didn't the commies in yugoslavia fund themselves with he marshall plan money?
by Kung-Fu Jesus June 3, 2004
Get the lend lease act mug.(n.) A person who appears interested in buying your car, but on the day displays any of the following traits.
• Does not show up
• Does not bring money
• Kicks the tyres and complains about even the most minor faults
• Seems to know barely anything about the car
• Offers stupid money (a large amount either side of what you expected)
• Keeps asking if he can part exchange his rusty old Ford for your car, not wondering why anyone wouldn't want it
• Assumes the car is in fine working condition just by kicking the tyres
• Tries to drive a restoration project dozens of miles home with him.
• Asks questions repeatedly, specifically ones mentioned in adevertising the car
• Gets the manufacturers' name wrong
• Asks if you are willing to transport the car without charge.
• Makes a bid for a car placed on ebay or similar without any positive feedback
• Dresses up as, or asserts that they are a priest or mulla in an attempt to pay less for the car
• Is a young driver who just passed his test looking to buy a cheap old car, rice it up, and show off to thier friends. Quite likely to wreck it in a month.
• Does not show up
• Does not bring money
• Kicks the tyres and complains about even the most minor faults
• Seems to know barely anything about the car
• Offers stupid money (a large amount either side of what you expected)
• Keeps asking if he can part exchange his rusty old Ford for your car, not wondering why anyone wouldn't want it
• Assumes the car is in fine working condition just by kicking the tyres
• Tries to drive a restoration project dozens of miles home with him.
• Asks questions repeatedly, specifically ones mentioned in adevertising the car
• Gets the manufacturers' name wrong
• Asks if you are willing to transport the car without charge.
• Makes a bid for a car placed on ebay or similar without any positive feedback
• Dresses up as, or asserts that they are a priest or mulla in an attempt to pay less for the car
• Is a young driver who just passed his test looking to buy a cheap old car, rice it up, and show off to thier friends. Quite likely to wreck it in a month.
by Kung-Fu Jesus June 6, 2004
Get the tyre kicker mug.