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'World of Warcraft' Game Currency Now Worth More Than Venezuelan Money (theblaze.com)
schwit1 quotes TheBlaze:
Digital gold from Blizzard's massive multiplayer online game "World of Warcraft" is worth more than actual Venezuelan currency, the bolivar, according to new data. Venezuelan resident and Twitter user @KalebPrime first made the discovery July 14 and tweeted at the time that on the Venezuela's black market -- now the most-used method of currency exchange within Venezuela according to NPR -- you can get $1 for 8493.97 bolivars. Meanwhile, a "WoW" token, which can be bought for $20 from the in-game auction house, is worth 8385 gold per dollar. According to sites that track the value of both currencies, KalebPrime's math is outdated, and WoW gold is now worth even more than the bolivar.
That tweet has since gone viral, prompting @KalebPrime to joke that "At this rate when I publish my novel the quotes will read 'FROM THE GUY THAT MADE THE WOW GOLD > VENEZUELAN BOLIVAR TWEET.'"
That tweet has since gone viral, prompting @KalebPrime to joke that "At this rate when I publish my novel the quotes will read 'FROM THE GUY THAT MADE THE WOW GOLD > VENEZUELAN BOLIVAR TWEET.'"
Fair point: I do not think there are many people who would exchange real money for Bolivars.
Real life is overrated.
Can you define "leftism"? Some of the most successful economies in the world could be defined as "leftists" if you include social Democrat nations like Sweden and Germany.
The Chavista regime certainly can be defined as leftist, but a more accurate description would be a kleptocracy.
The world's burning. Moped Jesus spotted on I50. Details at 11.
Right, the CIA. I am Venezuelan. I know how this came to be. I saw it happen. If it wasn't for your signature I would have accused you of being a communism apologist coming up with another explanation that excuses the Venezuelan people for repeatedly and obstinately choosing an administration hell-bent on turning the the country into a communist utopia.
Are you saying the CIA convinced Venezuela to ditch capitalism and embrace socialism as a means to destabilize itself?
My God, it's Full of Source!
OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
I thought the target was Saudi Arabia. Drive down the price of oil, so that they are forced to dip into their savings and rainy day funds. It might take a few years but eventually they will be living hand-to-mouth in terms of bringing money into the country.
The side effect was that Venezuela also suffered a loss of earnings from the oil industry. There was a national strike, the government punished those oil workers that supported the strike, froze wages and fired experienced workers like geologists. Now with that knowledge lost, the replacements make mistakes when drilling which causes damage to machinery. which causes further loss of productivity. So oil production is in decline.
An international web site called Oil Pro is actually shutting down: www.oilpro.com
Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
Germany? "leftist"?
By European standards, Germany is economically conservative. But compared to America, Germany is "leftist". Like most people, Americans use themselves as the reference point. Plenty of Americans believe their own government to be leftist.
An example of "leftism" you forgot to list would be taxing the citizens to bail out failed investments by corporations. Oh wait!
Wonder who is the "kleptocrat".
Not sure what you think "my view" is. But Swedish Americans, Danish Americans, Finnish Americans all have a 50% higher standard of living than respective Swedes, Danes, and Finns living in the Nordic countries.
Selection bias. No poor Swede, Dane or Finn would ever consider emigrating to the US. The US is a great country to be rich and a terrible country to be poor. To be honest, if the only measure of my life was making money I should probably emigrate too. But you know, it's my home. All the taxes I pay means it's a fairly nice place to live, there's not so many violent and desperate people as in the US. And if any American wants to brag about charity, maybe it's a bit de facto charity.
I have a few friends that have worked in the US, they went to lucrative jobs with big international companies. They wouldn't have gone otherwise. If they became unemployed, they never would have stayed. Social democracies don't work magic, the money we spend giving everyone a basic standard of living comes from redistributing wealth not some magic well. The highs don't get so high and the lows don't get so low. You don't go the US unless you're already a winner.
Live today, because you never know what tomorrow brings