user1873

Earth

BG.SE

Age: 39

The economy is in fact over-expanded, particularly in railroad construction, and the weak link turns out to be the banking house of Jay Cooke and Company, which helped the U.S. Government finance the Civil War and also underwrote the construction of the Northern Pacific Railroad. Jay Cooke and Company, a large and respected banking house declares itself bankrupt, and announces its failure on September 18, 1873.. (The bank's collapse precipitates the "Panic of 1873" and the ensuing three yea depression during which more than 10,000 businesses fail.     The basic economic problems are overproduction, a declining market and deflation. Investors in Europe, where a depression is already underway, begin to call in American loans. The New York Stock Exchange closes its doors for 10 days; other businesses fail; and railroad construction is curtailed, with some railroads defaulting on their bonds. The unemployed begin to move about the country seeking jobs, and bread lines appear in the cities. The hard times drove numbers of laboring people and those in humble circumstances to the West and other portions of the country, to seek the rewards which the stagnation of business in the great commercial centre denied them.

8h
answered Why is stopping climate change prioritized significantly below the economy and other issues?
2d
awarded Popular Question
2d
comment Why don't German workers ask for the money they deserve?
LYou really need to link to your sources for the charts. I found an older one, but not the 2000-2010 version. This 1999-2010 doesn't have those charts.
2d
comment How much does those bombs and missiles cost which are not used up and get outdated?
Don't know exact answers, but WWII bombs were used in Vietnam. Some nuclear weapons are recycled.
Jul
23
awarded Nice Answer
Jul
22
comment Do the rich get richer and the poor get poorer?
@BjarkeFreund-Hansen, "real" dollars are inflation adjusted by definition.
Jul
16
answered Risk Legacy "Riots" event card is ambigious
Jul
8
comment How does the US justify its drone attacks?
The Justification from the White House is a countries right to self-defense. The best way to protect your Yemen wedding from drones, don't invite terrorists with automatic weapons and mid-level al-Quida
Jul
7
comment Deriving statistics from original card games
A university computer science professor wrote a program for UNO in Java. The only "easy" way to do this for your game is to do something similar. Create objects for players, games, hands, decks, points, etc. and then create strategies for individual players. Make sure to keep track of important information you want to track. The UNO simulation on a reasonably powerful processor can play tens of thousands of games in the time you could play 1 game.
Jun
20
awarded Enlightened
Jun
18
awarded Notable Question
May
14
comment How could the government encourage more women study higher education
How does the government encourage anything, "tax what you want less of, subsidize what you want more of."
May
13
awarded Nice Question
May
7
comment What are the President's responsibilities in executing judicial order?
Congress can impeach him for that reason, or no reason at all.
May
7
comment What are the President's responsibilities in executing judicial order?
There isn't such a thing as judicial law. The Constitution requires that the President faithfully execute the law. If he failed to follow a judicial order, only congress could remove him.
May
4
awarded Famous Question
May
2
comment Countries with loose regulations
There are always nosy officials you need to pay off. That is why they became officials in the first place. So, you are looking for a place where they don't have many regulations, hay will cost the least amount in bribes. I would suggest any county with a good US$ to [government $] conversion. That will make your 2 million go the furthest.
Apr
28
comment How would the Libertarian non-coercion policy apply to a business being required to bake a cake for a gay wedding?
How exactly does this answer the question? I thought you were supposed to be saying whether a libertarian would side with the bakery or accept state intervention in discrimination protected classes. Yes, libertarians would be against tax subsidies (that pay for public schools) , but that isn't the question at hand.
Apr
23
comment How is it that in the US there so many laws being enforced that the majority of people never agreed to?
@PointlessSpike, you should remove this then, " Smoking bans occur because smoking does real damage, even if people don't realise it. This is backed up by facts and statistics that they have available to them" Unless you would support a ban on living indoors too
Apr
23
comment How is it that in the US there so many laws being enforced that the majority of people never agreed to?
@Bregalad, I stand by my statement. SHS just isn't that dangerous. The EPA estimated lung cancer deaths at about 7k, where radon deaths from breathing indoor air were estimated at 21k. This fear of SHS reminds me of people who are afraid of having their kids visit a home with guns, but have no issues with having their kids go to a house with a pool (drowning more likely to kill them). If you don't like SHS, we have these things called legs, walk away.
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