FTN discussed this a few weeks back and they think the Chinese space program is just a show to save face on the international stage. Their culture has spent so much time focused inward that were they to become the global superpower all off world ventures would cease to be.

eh, I don't watch FTN so idk what was considered. But I think the Asians would eventually do it

But they don't have our drive

But anyways, any kind of off world financial ventures I’m all for. What are your thoughts on Elon Musk and SpaceX?

Definitely a fan, Forever butthurt that Spacex is private not public

hard to find related investments

Agreed

Wait, so will offworld resource mining literaly crash the shit out of gold/silver?

like, most rare earth metals won't be worth shit

Unlikely

Those who mine it will probably disperse it like diamonds

Selling just enough to keep the price high

They will also probably use large portions of it for themselves.

Something to consider as well, with emerging successes in fusion energy, it opens the door to element transmutation.

>Making gold

Alright Newton

Put the alchemy kit away

Nevertheless, most of these elements are much more useful than what they would transmutate to

It's been demonstrated with supercoliders already, but I'm just adding that fusion is soon going to be feasible.

https://youtu.be/-jJ4yuF497U

we literaly are building them now

green energy ain't got shit on literal fusion.

I have associates from Houston TX that work at Exxon and Shell who are hyped about fusion energy.

It would make energy so incredibly cheap that things we haven't even thought of yet will become possible.

It would be one of the radical step-changes in human advancement, comparable to the invention of the internet.

If exon and shell are producing it then they sure as hell ain't going to give away that tech

Human advancement means nothing to them without profit

As far as fusion tech goes, it's being heavily funded by corporate interests.

So, whatever that tells you

Exon and Shell have lots of government contracts. If they end up with a working fusion reactor that thing is going to get scooped up by the military faster than you can say Black Budget. Also even if they get one running there will still be tons of money in the spare parts market. I worked on nuclear fission reactors for the Navy and trust me spare parts aren't cheap. We're talking $60,000 for circuit cards developed in the early nineties type expensive.

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AmEx Blue Cash Everyday card $0 annual fee and 5% cash back on groceries

Everyone get their finances in order, get a budget, and save more of every paycheck. That’s how we build wealth.
https://www.youtube.com/user/DaveRamseyShow

Truth

I have already budgeted my Trump money into assets. Will continue my steady savings. We need multi-generational wealth that can't be confiscated, so our great grand children can prosper.

What we can do with ambition, frugality, and investing:
* Financial independence
* Raise a large family
* Build inter-generational wealth
* Save western civilization through political philanthropy

building multigenerational wealth is an absolute goal

@Zyzz Do you have any recommendations o. Preserving wealth through 3 and 4 generations?

My dad got me into the saving mindset by not spoiling me. He forced a frugal life on me and made it clear that I’ll get a good education and a safe neighborhood, but everything else will be my doing. Any funds would only be received after he dies. Makes sense to me.

@Freiheit - CA good question. i am in the building stage at the moment. once i have it built and i have the family i will think about how to preserve it. although i think it has a lot to do with instilling good values into your kids/grandkids. once you die you have 0 control over what happens

Family trusts give you a good amount of control.