Should poor people have kids?

[BrianSoddingBoru4]

'It's a shame that all the people who know how to run to world are busy driving cabs and cutting hair.' - George Burns

Boru

[Dmitry1983]

Why aren't you a billionaire like Buffet?

You have to prove that this magical thing called "capital management" is the recipe for succes (not innovation, expectional talent and luck).

Proof 1. All succesful countries have wealth inequality.
Proof 2. Despite near zero cost of borrowing in developed countries very few people can manage capital profitably

[notimportant1234]

It s hard to believe that you are under the poverty line given that you have the time to debate such things with us and you can afford to. Not to say that you spoke about spending 7 bucks on a condom pack like it was an expense that you could easily afford if you cut down on other disposable expenses. 
The kind of poor that you are speaking would need subsidized birth control.

---

If everybody had billions of dollars then they will  be the same as they are now, because the billions will lose all the value they have now. 
Maybe you wanted to say that if we would all produce soo much that it will look like we have billions of dollars, in which case you couldn't lose them. As a matter of fact, in that situation we wouldn't be speaking about money anymore.

I have subsidized birth control, and when you’re a disabled student it’s near impossible to work and go to school at the same time. Anyways yeah even the very impoverished have a tiny bit of spending money. 30$ to myself a month isn’t much, and like I said I could either buy junk food/go to a matenee or contraceptives.

7 dollars for a pack doesn't sound subsidized. The very impoverished in my country with a bleak future in front of them don t have the luxury of that tiny bit of spending money(30$).

[BrokenQuill92]

I have subsidized birth control, and when you’re a disabled student it’s near impossible to work and go to school at the same time. Anyways yeah even the very impoverished have a tiny bit of spending money. 30$ to myself a month isn’t much, and like I said I could either buy junk food/go to a matenee or contraceptives.

7 dollars for a pack doesn't sound subsidized. The very impoverished in my country with a bleak future in front of them don t have the luxury of that tiny bit of spending money(30$).

I don’t know where you’re from but 30$ isn’t much here

[notimportant1234]

'It's a shame that all the people who know how to run to world are busy driving cabs and cutting hair.' - George Burns

Boru

I'm not saying that I know how the world should be run, just not agreeing  with this management frenzy that has been debunked by some experts i.e Kahneman,  Nassim Taleb.

---

You have to prove that this magical thing called "capital management" is the recipe for succes (not innovation, expectional talent and luck).

Proof 1. All succesful countries have wealth inequality.
Proof 2. Despite near zero cost of borrowing in developed countries very few people can manage capital profitably

1) wealth inequality is not a cause, is a consequence of a course of action chosen.
2) your original statement was that people couldn't manage billions, you didn't imply that this billions were from debt.

---

7 dollars for a pack doesn't sound subsidized. The very impoverished in my country with a bleak future in front of them don t have the luxury of that tiny bit of spending money(30$).

I don’t know where you’re from but 30$ isn’t much here

Maybe I misunderstood you. I think that spending money are what remained after you ensured your basic needs. What I meant was that some people don't have enough money too get by.

[BrianSoddingBoru4]

'It's a shame that all the people who know how to run to world are busy driving cabs and cutting hair.' - George Burns

Boru

I'm not saying that I know how the world should be run, just not agreeing  with this management frenzy that has been debunked by some experts i.e Kahneman,  Nassim Taleb.

Yeah, I wasn't referring to you. 

'The first myth of management is that it exists.  The second myth is that success equals skill.' - Robert Heller

Boru

[Dmitry1983]

1) wealth inequality is not a cause, is a consequence of a course of action chosen.

Why is nobody changing course?

2) your original statement was that people couldn't manage billions, you didn't imply that this billions were from debt.

There is no functional difference between your own capital and borrowed capital if interest rate is zero.

[Chad32]

I’m referring to people who know damn well what birth control is and have access. They just make every excuse not to use it. For the price of that beer, or bag of chips you could’ve bought condoms. 7$ a box

Yeah, but condoms are fucked.
The regular ones cut off blood supply and what was once a raging monster becomes a sleepy wrinkled sloth.
The large ones are great until you lose interest, even only for 10 seconds, and next minute the whole affair becomes a rescue operation.

---

The real question is, should stupid people have children. Prove that you can adult, and only then can you has cheese-I mean children.

Being able to adult has nothing to do with intelligence.
I know so many smart people who are stupid idiots when it comes to love and sex.

Uneducated, then? What would the proper word be? Obviously a lot of people lack something that would otherwise prevent them from having more kids than they could care for.

[Figbash]

Been around the world and found
That only stupid people are breeding
The cretins cloning and feeding...

[notimportant1234]

1) wealth inequality is not a cause, is a consequence of a course of action chosen.

Why is nobody changing course?

2) your original statement was that people couldn't manage billions, you didn't imply that this billions were from debt.

There is no functional difference between your own capital and borrowed capital if interest rate is zero.

Ask yourself a question. If you would artificially inflict wealth inequality in an economy will that generate added value?

There is a very big difference between debt and personal wealth. The first one being that in the case of debt you have to give the money back regardless of your succes. 
The second is that the value from debt doesn't exist yet, there is nothing to back debt. Basically debt is money/wealth shifted from one person to another person i.e if you have 10 thousand dollars in the bank probably they have been given to another person already. So debt is future value that will be gained through the investment of it. Again, this value does not exist in the present moment,this is why banks evaluate the risk of your debt.