Also, if the debts were net to zero, then the banks would lose out on the transaction fees that they charge every time a "payment" is made. Banks carry a lot of weight in the economy. More than I think people realizeMetalMagpie said:I have a feeling interest rates play a part in this? (Question mark to indicate I know I'm on shaky ground here.)FalloutJack said:[HEADING=3]And so, with very little discussion content from the OP, I would like to switch topics to recessions.[/HEADING]
Because I have been looking at these things where everybody owes everyone else in a massive cluster-flux worse than seven fishing rods tangled with each other, and I have to wonder...why can't we just roll shit back? Alot of the money owed is numbers only, data not hard currency. Is there no way to develop a program to list all the debts and financial snares, find a common denominator, and roll everyone down to a more managable number while at the same time keeping it all equal?
(Basically, I'm trying to ask if payment can't just be handled mathematically in accordance with what everyone owes everyone else.)
Let's have a shaky-example-I-just-thought-up!
Starting situation:
> America owes Bosnia £30 and pays 5% annual interest.
> Bosnia owes America £50 and pays 1% annual interest.
Situation after "rolling down":
> America owes Bosnia nothing.
> Bosnia owes America £20 and pays 1% annual interest.
Has Bosnia lost money? America has stopped paying any interest at all, while Bosnia is still paying interest on their remaining debt. Would Bosnia be in a better position if they stayed in greater debt to America (at the lower interest rate) in order to rake in the higher interest rate on America's debt to them?
Or - if my guestimation skills are lacking - can the above numbers be adjusted until it is true that one country loses out?
(New thought: Why on Earth was Bosnia the first country I could think of beginning with B?)
EDIT: Numbers were inconsistent when I first posted.
Darksiders 2 isn't out yet (at least I hope not, since I haven't purchased it). So, actually, the only "AAA" games to come out in recent months are Lollipop Chainsaw and Ghost Recon: Future Soldier. Neither of which are very enticing for me.maddawg IAJI said:Pretty much, I mean, what was the biggest thing to come out in the last few months? An obscure Suda 51, an underwhelming Ghost Recon Sequel and Darksiders 2, which hasn't been talked about at all in the last few months. It really has been a slow couple months.
Very good point. I hadn't thought of that.Spartan212 said:Also, if the debts were net to zero, then the banks would lose out on the transaction fees that they charge every time a "payment" is made. Banks carry a lot of weight in the economy. More than I think people realizeMetalMagpie said:I have a feeling interest rates play a part in this? (Question mark to indicate I know I'm on shaky ground here.)FalloutJack said:[HEADING=3]And so, with very little discussion content from the OP, I would like to switch topics to recessions.[/HEADING]
Because I have been looking at these things where everybody owes everyone else in a massive cluster-flux worse than seven fishing rods tangled with each other, and I have to wonder...why can't we just roll shit back? Alot of the money owed is numbers only, data not hard currency. Is there no way to develop a program to list all the debts and financial snares, find a common denominator, and roll everyone down to a more managable number while at the same time keeping it all equal?
(Basically, I'm trying to ask if payment can't just be handled mathematically in accordance with what everyone owes everyone else.)
Let's have a shaky-example-I-just-thought-up!
Starting situation:
> America owes Bosnia £30 and pays 5% annual interest.
> Bosnia owes America £50 and pays 1% annual interest.
Situation after "rolling down":
> America owes Bosnia nothing.
> Bosnia owes America £20 and pays 1% annual interest.
Has Bosnia lost money? America has stopped paying any interest at all, while Bosnia is still paying interest on their remaining debt. Would Bosnia be in a better position if they stayed in greater debt to America (at the lower interest rate) in order to rake in the higher interest rate on America's debt to them?
Or - if my guestimation skills are lacking - can the above numbers be adjusted until it is true that one country loses out?
(New thought: Why on Earth was Bosnia the first country I could think of beginning with B?)
EDIT: Numbers were inconsistent when I first posted.
Well the site I got those dates from claims its already out.auron200004 said:Darksiders 2 isn't out yet (at least I hope not, since I haven't purchased it). So, actually, the only "AAA" games to come out in recent months are Lollipop Chainsaw and Ghost Recon: Future Soldier. Neither of which are very enticing for me.maddawg IAJI said:Pretty much, I mean, what was the biggest thing to come out in the last few months? An obscure Suda 51, an underwhelming Ghost Recon Sequel and Darksiders 2, which hasn't been talked about at all in the last few months. It really has been a slow couple months.
According to IGN (the first google result), it says August. I honestly hope it's not out yet because I was hoping it would do well. Not hearing much about it tends to mean it doesn't do well.maddawg IAJI said:Well the site I got those dates from claims its already out.
http://vgreleases.com/Xbox360/ReleaseDate-471361.aspx
Could be a mistake though.