Thursday, May 2, 2013

North Korea isn't a Capitalistic State

This is a really hilarious short article by an adorable feminist who argues against capitalism by talking about how poor North Korea is and how she learned about it on CIA Factbook. It is a pretty amusing read.

Monday, March 11, 2013

The Social Security Trust Fund

lets just say that you have two bank accounts, you have A account for general funds (rent, utlities, food) and you have a B account for retirement. you are able to put $2500 a month away for retirement, but you decide to sell bonds from your General account to your retirement account, you put the $2500 cash into the general fund and spend it on groceries, and bills After 10 years you have $300,000 worth of bonds in your retirement, how much money do you have to retire with?

This is the problem of the Social Security Trust Fund