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Author Topic: Armchair Economics Thread - Re-Resurrection  (Read 34077 times)

MorleyDev

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #315 on: August 02, 2023, 05:58:29 pm »

It is aimed at categorizing the UK population in particular, so it probably won't match other countries as well (Massive Student Debt burden is a very American problem, for example).
« Last Edit: August 02, 2023, 06:01:30 pm by MorleyDev »
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EuchreJack

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #316 on: August 02, 2023, 06:54:21 pm »

It is aimed at categorizing the UK population in particular, so it probably won't match other countries as well (Massive Student Debt burden is a very American problem, for example).
The lack of property ownership at all income levels, in contrast, seems to be spreading from the UK to the US...

MorleyDev

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #317 on: August 02, 2023, 08:37:51 pm »

US rate 65.9%,
UK rate 64.3%

eh, home ownership looks like it's always about equal. UK has gone from a bit higher in 2003 (70.9% vs 68.3%) to a bit lower nowadays but they more or less track out the same trends and within a couple of percentages from each other.
« Last Edit: August 02, 2023, 08:39:45 pm by MorleyDev »
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EuchreJack

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #318 on: August 03, 2023, 12:15:42 am »

US rate 65.9%,
UK rate 64.3%

eh, home ownership looks like it's always about equal. UK has gone from a bit higher in 2003 (70.9% vs 68.3%) to a bit lower nowadays but they more or less track out the same trends and within a couple of percentages from each other.
Yes, but when we have them, they're bigger.

Loud Whispers

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #319 on: August 03, 2023, 02:20:29 am »

US rate 65.9%,
UK rate 64.3%

eh, home ownership looks like it's always about equal. UK has gone from a bit higher in 2003 (70.9% vs 68.3%) to a bit lower nowadays but they more or less track out the same trends and within a couple of percentages from each other.
Idk what it's like in USA but if you look at home ownership by age it's just all pensioners and working age people do not own homes

MorleyDev

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Maximum Spin

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #321 on: August 03, 2023, 03:30:38 pm »

Idk what it's like in USA but if you look at home ownership by age it's just all pensioners and working age people do not own homes

The USA seems to stabilize after you pass the 35+ range instead of massively spiking.
Those are two different statistics. Loud Whispers has posted a statistic that shows that, surprisingly, people pay off more of their debt over time and therefore have less debt when they're older.
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Loud Whispers

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #322 on: August 03, 2023, 04:45:25 pm »

Those are two different statistics. Loud Whispers has posted a statistic that shows that, surprisingly, people pay off more of their debt over time and therefore have less debt when they're older.
It is home ownership split by financing, to get the total just add the two together

Maximum Spin

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #323 on: August 04, 2023, 01:44:37 pm »

Those are two different statistics. Loud Whispers has posted a statistic that shows that, surprisingly, people pay off more of their debt over time and therefore have less debt when they're older.
It is home ownership split by financing, to get the total just add the two together
Well yes, but I assumed you wanted to know the split in the US, which obviously the other statistic doesn't provide. If you didn't actually care about that, then, sure, never mind; I just thought that's what you were getting at since it's what you posted.
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McTraveller

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #324 on: August 10, 2023, 09:09:03 am »

Quote
But Wednesday’s move to significantly bump prices, marked an acknowledgment by Iger of the media giant’s intent to squeeze more revenue out of streaming by pushing consumers to the advertising-supported plans, which have proven to be more profitable.

“The advertising marketplace for streaming is picking up,” Iger told investors on the quarterly earnings call. “It’s more healthy than the advertising marketplace for linear television. We believe in the future of advertising on our streaming platforms, both Disney+ and Hulu.”

What a bizarre world.
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EuchreJack

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #325 on: August 10, 2023, 09:14:19 pm »

Quote
But Wednesday’s move to significantly bump prices, marked an acknowledgment by Iger of the media giant’s intent to squeeze more revenue out of streaming by pushing consumers to the advertising-supported plans, which have proven to be more profitable.

“The advertising marketplace for streaming is picking up,” Iger told investors on the quarterly earnings call. “It’s more healthy than the advertising marketplace for linear television. We believe in the future of advertising on our streaming platforms, both Disney+ and Hulu.”

What a bizarre world.
I was just about to post that here.
After pouring billions and billions of dollars into constructing supposedly revolutionary streaming platforms, and decimating the business models that had offered the industry stability for decades, the ultimate product looks awfully similar to what companies and consumers were trying to break free from in the first place.

MrRoboto75

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #326 on: August 10, 2023, 10:28:24 pm »

It was inevitable.
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Duuvian

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #327 on: August 11, 2023, 06:32:39 am »

Yeah if you bring back Bob Iger
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Loud Whispers

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Re: Armchair Economics Thread - Re-Resurrection
« Reply #329 on: August 14, 2023, 09:12:32 am »

I was just about to post that here.
After pouring billions and billions of dollars into constructing supposedly revolutionary streaming platforms, and decimating the business models that had offered the industry stability for decades, the ultimate product looks awfully similar to what companies and consumers were trying to break free from in the first place.
Not least to say the practice of spending billions to acquire and produce franchises, whilst simultaneously streamlining all franchises with strict creative control so all media pieces are "modular" and interchangeable with all their media arms (including, painfully enough, the need to make them fit in with their theme park goals), and you get this insane frankenmedia monopoly where they alienate the franchise's original fans by producing an incredibly watered down and generic product that appeals to no one in particular. Which wouldn't be so bad economically if they didn't come with budgets that exceed the economy of entire countries and get pumped out every two months

Lahaina residents worry a rebuilt Maui town could slip into the hands of affluent outsiders
I think that is good guess...
Sad but true. Disasters like covid or climate change turbocharge the pressures already exerted on powerless communities
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