- 1,526
- 737
- Joined
- Nov 28, 2012
Now this is just ignorant lol
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
Exactly what i was thinkingEven if we hit a lick and yanked that thing outta space, wouldnt the sudden abundance of trillions of platinum on the market drive the price down?
we need to fund our space programs a lot more than we do ... there's so much crazy threats out there from asteroids, solar flares/radiation, black holes, and hostile extraterrestrials, among other stuff...
yepEven if we hit a lick and yanked that thing outta space, wouldnt the sudden abundance of trillions of platinum on the market drive the price down?
Question for the economist/finance NTers:
Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question). Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?
I just imagined a grown *** man at NASA reading this and being like "God damn it, he called dibs"I call dibs on that asteroid lol
Even if we hit a lick and yanked that thing outta space, wouldnt the sudden abundance of trillions of platinum on the market drive the price down?
Question for the economist/finance NTers:
Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question). Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?
Where are you getting this 7% number from?
Also, what makes you think this boon would impact global economies equally? Don't discount the impact of territorial rights on this potential treasure.
If this asteroid crash lands in Russia or China, you really think the economy of Mozambique stands to appreciate by 7%?
...
Platinum's value would tank...According to the wikipedia the global economy is about 77 trillion and 5.4 is approximately 7% of that.Question for the economist/finance NTers:
Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question). Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?
Where are you getting this 7% number from?
Also, what makes you think this boon would impact global economies equally? Don't discount the impact of territorial rights on this potential treasure.
If this asteroid crash lands in Russia or China, you really think the economy of Mozambique stands to appreciate by 7%?
...
I'm noit saying that the economies would grow but rather inflation would go through the roof as the value of most currencies went down because of the surge in value to the world economy
I just imagined a grown *** man at NASA reading this and being like "God damn it, he called dibs"I call dibs on that asteroid lol