education / 学校 [學校] / учи́ть / Bildung

Jacque Fresco (March 13, 1916 – May 18, 2017, age: 101) was an American futurist[1] and self-described social engineer.[2] Self-taught, he worked in a variety of positions related to industrial design. (src)

A great thinker of our time, Jacque says he can build a house for $5,250 (today USD? or 1960 USD? probably today 15.000€, still very cheap) that can be build with 8 men in 10 hours – if concrete foundation already in place.

he built planes – that’s i guess – why he wants to use Aluminum for the roof…?

Actually not a bad idea X-D depends on the thickness of the Aluminum.

pros: will last 500 years X-D

cons: while a lot of brilliant ideas make complete sense – the law and market situation needs to be kept in mind.

Market situation: people need affordable housing – check.

Law situation: Aluminum requires a lot of energy in the production, thus companies move to iceland – because there you have a lot of geothermal (renewable) cheap energy.

also: a square house allows wind and storm more “attack surface” – i would go with a more aerodynamic shape 🙂 that SHOULD withstand a hurricane – anything else will not survive climate change. also: can it withstand a bush fire or easily repaired after such event?

I think “OpenSource” – sharing housing plans for free – “WikiHouse” is “THE WAY” to go: https://en.wikipedia.org/wiki/WikiHouse

Because it allows mankind (especially students of architecture) to dedicate thinking, design and planing – thanks to the Internet –  on a global scale – maybe someone can “OpenSource” Jacque’s plans 🙂

src: https://www.thevenusproject.com/tvphistoryevent/trend-home/2/

Ein großer Denker unserer Zeit – er starb im Alter von 101 Jahren.

Jacque meint er kann ein Haus für $5,250 bauen (vermutlich heute 15.000€)

er hat Flugzeuge gebaut, deswegen will er für das Dach Aluminium verwenden…?

Eigentlich keine schlechte Idee X-D kommt auf die Dicke des Aluminiums an, Aluminium benötigt sehr viel Energie in der Herstellung, hält dafür 500 Jahre X-D

src: https://www.thevenusproject.com/tvphistoryevent/trend-home/2/

Videos:

the magic of the invisble market hand at work: “i can let 5% to 20% of your hard earned money vanish in 1 year”

Who invested 2018.1.1 in the most valuable top 30 US companies now owns -5%! works! but for whom?

Who invested 2018.1.1 in the most valuable top 30 German companies now owns -20%! works! but for whom?

Resultat der “unsichtbaren Hand des Marktes” – die auf magische weise alles regelt – in 2018 lässt es wie von Zauberhand “Geld verschwinden”:

Wer am 2018.1.1 in den DAX investiert hat hat jetzt -20% X-D

Wer am 2018.1.1 in den Dow Jones (30 wertvollsten Börsen-notierten Unternehmen) investiert hat hat jetzt -5% X-D

Germany: workoholic people

src: https://www.finanzen.net/index/DAX

USA: hard working people

src: https://www.finanzen.net/index/Dow_Jones

https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

Japan: insanely hard working people

The Problem: Professional Stock traders even make money on falling stock market – they can make money by betting on falling stock prices – “short a stock“.

Show me one baker store – that can make money by selling less.

Also: There is an old investor advice that says: buy – when there is blood running on the streets. means: buy when everything is in ruins.

So stock traders actually hope for ups and downs and at worse: might even try to trigger them. One protester got his hand blown off by trying to throw back a grenade. it is terrible. Let’s not forget – Macron used to work for Rothschild – he knows how the game is played.

“In September 2008, Macron left his job as an Inspector of Finances and took a position at Rothschild & Cie Banque.[36] Macron was inspired to leave the government due to the election of Nicolas Sarkozy to the presidency. He was originally offered the job by François Henrot. His first responsibility at Rothschild & Cie Banque was assisting with the acquisition of Cofidis by Crédit Mutuel Nord Europe.[37]

Macron formed a relationship with Alain Minc, a businessman on the supervisory board of Le Monde.[38] In 2010, Macron was promoted to partner with the bank after working on the recapitalization of Le Monde and the acquisition by Atos of Siemens IT Solutions and Services.[39] In the same year, Macron was appointed as managing director and put in charge of Nestlé‘s acquisition of one of Pfizer’s largest subsidiaries based around baby drinks. His share of the fees on this €9 billion deal made Macron a millionaire.[40]” (src)

Das Perverse ist: BörsenZocker auch auf fallende Kurse setzten und damit Geld machen können. Im Gegensatz zur realen Wirtschaft. Ein Bäcker der -20% weniger Brötchen verkauft… was für Möglichkeiten hat der?

Noch krasser: Es gibt einen alten Investor Spruch und der heißt: “Kauf ein – wenn auf der Strasse Blut fließt (von Demonstranten? von Kriminellen?)”

Leider war der Crash 1929 auch deswegen so verheerend weil auch rennomierte Ökonomen überzeugt waren dass AktienWerte ins unendliche weiter wachsen werden.

Und jeder Handwerker jeden Dollar sofort in Aktien gesteckt hat.

Copperfield Effekt – das Geld ist nicht weg – es hat nur ein anderer.

src: http://fortune.com/2018/12/14/stock-market-today-correction-financial-stocks-bear-market/

 

how shorting a stock works: “sell borrowed stocks first – then buy it back later at a cheaper price”

“Here’s a simplified example of how shorting works:

Say you think Company ABC is overpriced at $50 a share.

You borrow 100 shares from your broker – pay interest on the loan – and sell them for $5,000.

Time ticks on, and as you suspected, the stock price falls.

At $40 a share, you buy 100 shares for $4,000 and return them to your broker.

You walk away $1,000 richer, minus investing costs.

That’s a successful short.

But what if the stock gains in popularity?

Say the price rises to $60 a share, or $6,000 for those 100 shares you need to return.

You’re out $1,000.

Shorting, in short, is a strange transaction.

You’re selling something you don’t own.

And the goal is to sell high and then buy low, says Ryan Bend, co-portfolio manager of the Federated Prudent Bear Fund (BEARX), as opposed to the common game plan of first buying low then selling high.” (src)

The DAX consists of these companies:

Zusammensetzung

Die Tabelle zeigt alle Unternehmen im DAX (Stand: 24. September 2018).[13]

Name Symbol Branche Logo Indexgewicht in % (Letzte) Aufnahme Sitz Bundesland
Adidas ADS Bekleidung Adidas-group-logo-fr.svg 3,54 22. Juni 1998 Herzogenaurach Bayern Bayern
Allianz ALV Versicherungen Allianz.svg 7,81 1. Juli 1988 München Bayern Bayern
BASF BAS Chemie BASF-Logo bw.svg 7,98 1. Juli 1988 Ludwigshafen am Rhein Rheinland-Pfalz Rheinland-Pfalz
Bayer BAYN Chemie und Pharma Logo Bayer.svg 8,27 1. Juli 1988 Leverkusen Nordrhein-Westfalen Nordrhein-Westfalen
Beiersdorf BEI Konsumgüter Beiersdorf Logo.svg 0,95 22. Dez. 2008 Hamburg Hamburg Hamburg
BMW BMW Automobilproduktion BMW.svg 2,75 1. Juli 1988 München Bayern Bayern
Continental CON Automobilzulieferer Continental AG logo.svg 2,38 24. Sep. 2012 Hannover Niedersachsen Niedersachsen
Covestro 1COV Chemie Covestro Logo.svg 1,28 19. Mär. 2018 Leverkusen Nordrhein-Westfalen Nordrhein-Westfalen
Daimler DAI Automobilproduktion DaimlerLogo.svg 5,62 21. Dez. 19981 Stuttgart Baden-Württemberg Baden-Württemberg
Deutsche Bank DBK Banken Deutsche Bank logo without wordmark.svg 1,73 1. Juli 1988 Frankfurt am Main Hessen Hessen
Deutsche Börse DB1 Börsen Deutsche Börse Group Logo.svg 2,10 23. Dez. 2002 Frankfurt am Main Hessen Hessen
Deutsche Lufthansa LHA Luftfahrt Lufthansa Logo 2018.svg 1,07 1. Juli 1988 Köln Nordrhein-Westfalen Nordrhein-Westfalen
Deutsche Post DPW Logistik Logo Deutsche Post DHL.svg 2,82 19. Mär. 2001 Bonn Nordrhein-Westfalen Nordrhein-Westfalen
Deutsche Telekom DTE Telekommunikation Telekom Logo 2013.svg 4,47 18. Nov. 1996 Bonn Nordrhein-Westfalen Nordrhein-Westfalen
E.ON EOAN Versorger Logo E.ON.svg 2,03 19. Juni 20001 Essen Nordrhein-Westfalen Nordrhein-Westfalen
Fresenius FRE Medizintechnik und Klinikbetrieb Fresenius.svg 2,77 23. Mär. 2009 Bad Homburg vor der Höhe Hessen Hessen
Fresenius Medical Care FME Medizintechnik Fresenius Medical Care 20xx logo.svg 1,80 20. Sep. 1999 Hof an der Saale Bayern Bayern
HeidelbergCement HEI Baustoffe HeidelbergCement Logo.svg 1,11 21. Juni 2010 Heidelberg Baden-Württemberg Baden-Württemberg
Henkel HEN3 Konsumgüter und Chemie Henkel-Logo.svg 1,88 1. Juli 1988 Düsseldorf Nordrhein-Westfalen Nordrhein-Westfalen
Infineon Technologies IFX Halbleiter Infineon-Logo.svg 2,72 21. Sep. 2009 Neubiberg Bayern Bayern
Linde LIN Industriegase und Anlagenbau TheLindeGroup-Logo.svg 3,49 1. Juli 1988 Dublin Irland Irland
Merck MRK Chemie und Pharma Logo Merck KGaA 2015.svg 1,06 18. Juni 2007 Darmstadt Hessen Hessen
Munich Re MUV2 Versicherungen Münchener Rück logo.svg 2,72 23. Sep. 1996 München Bayern Bayern
RWE RWE Versorger RWE Logo 2018.svg 1,07 1. Juli 1988 Essen Nordrhein-Westfalen Nordrhein-Westfalen
SAP SAP Standardsoftware SAP 2011 logo.svg 10,56 18. Sep. 1995 Walldorf Baden-Württemberg Baden-Württemberg
Siemens SIE Elektrotechnik Siemens-logo.svg 9,34 1. Juli 1988 Berlin und München Berlin Berlin und Bayern Bayern
Thyssenkrupp TKA Mischkonzern Thyssenkrupp AG Logo 2015.svg 1,10 25. Mär. 19991 Essen und Duisburg Nordrhein-Westfalen Nordrhein-Westfalen
Volkswagen VOW3 Automobilproduktion VWAG-Logo.svg 2,88 1. Juli 1988 Wolfsburg Niedersachsen Niedersachsen
Vonovia VNA Immobilien Vonovia Logo.svg 1,85 21. Sep. 2015 Bochum Nordrhein-Westfalen Nordrhein-Westfalen
Wirecard WDI Finanztechnologie Wirecard Logo.svg 24. Sep. 2018 Aschheim Bayern Bayern

1) Daimler, E.ON und Thyssenkrupp waren durch ihre Vorgängerunternehmen seit dem 1. Juli 1988 im DAX vertreten.

src: https://de.wikipedia.org/wiki/DAX#Unternehmen_im_DAX

The Dow Jones index consists of:

Components

Since June 26, 2018, the Dow Jones Industrial Average has consisted of the following companies:

 
Company Exchange Symbol Industry Date Added Notes
3M NYSE MMM Conglomerate 1976-08-09 as Minnesota Mining and Manufacturing
American Express NYSE AXP Financial services 1982-08-30
Apple NASDAQ AAPL Information technologies 2015-03-19
Boeing NYSE BA Aerospace and defense 1987-03-12
Caterpillar NYSE CAT Construction and mining equipment 1991-05-06
Chevron NYSE CVX Oil & gas 2008-02-19 also 1930-07-18 to 1999-11-01
Cisco Systems NASDAQ CSCO Information technologies 2009-06-08
Coca-Cola NYSE KO Food 1987-03-12 also 1932-05-26 to 1935-11-20
DowDuPont NYSE DWDP Chemical industry 2017-09-01 Essentially, as continuation of E.I. du Pont de Nemours & Company‘s appearance since 1935-11-20, but officially a new company due to its merger with Dow Chemical Company on the same day.[7]
ExxonMobil NYSE XOM Oil & gas 1928-10-01 as Standard Oil of New Jersey
Goldman Sachs NYSE GS Financial services 2013-09-20
The Home Depot NYSE HD Retail 1999-11-01
IBM NYSE IBM Information technologies 1979-06-29 also 1932-05-26 to 1939-03-04
Intel NASDAQ INTC Information technologies 1999-11-01
Johnson & Johnson NYSE JNJ Pharmaceuticals 1997-03-17
JPMorgan Chase NYSE JPM Financial services 1991-05-06
McDonald’s NYSE MCD Food 1985-10-30
Merck & Company NYSE MRK Pharmaceuticals 1979-06-29
Microsoft NASDAQ MSFT Information technologies 1999-11-01
Nike NYSE NKE Apparel 2013-09-20
Pfizer NYSE PFE Pharmaceuticals 2004-04-08
Procter & Gamble NYSE PG Consumer goods 1932-05-26
Travelers NYSE TRV Insurance 2009-06-08
UnitedHealth Group NYSE UNH Managed health care 2012-09-24
United Technologies NYSE UTX Conglomerate 1939-03-14 as United Aircraft
Verizon NYSE VZ Telecommunication 2004-04-08
Visa NYSE V Financial services 2013-09-20
Walmart NYSE WMT Retail 1997-03-17
Walgreens Boots Alliance NASDAQ WBA Retail 2018-06-26
Walt Disney NYSE DIS Broadcasting and entertainment 1991-05-06

https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average#/

Leitzins / funds rate:

Country: Current / Aktueller Wert Since / Seit
Euroland 0,00% 10.03.2016
USA 2,0 – 2,25% 26.09.2018
Japan 0 bis -0,1% 01.02.2016
Großbritannien 0,75% 02.08.2018
Schweiz -1,25 bis -0,25 % 15.01.2015
Schweden -0,5% 11.02.2016
Russland 7,25% 23.03.2018

https://www.finanzen.net/leitzins/

Other Central Bank Interest Rates:

Central Bank Rates 2019-01-08 (src)

the central bank interest rate / federal funds rate – is the “cost of money” – meaning how much does it cost to borrow 100USD of CASH from the FED as a private bank.

Only the FED as the ECB is allowed to print and lend CASH.

Fun Fact: Private banks actually can lend 1000USD – when they actually only have 100USD from the FED – 900USD (90%) is created out of thin digital air and only exists in digital form.

Thus: If people would request only 20% of all funds of a bank to be paid out in cash – the bank could not do it.

“The Federal Reserve will conclude its final policy meeting of the year Wednesday.

With traders widely expecting the central bank to raise short-term interest rates, many say the focus will be on Fed officials’ comments on the economy.

Volatile markets and mixed inflation data have amplified investors’ doubts about how many times the Fed can raise rates next year.” (src)

“The current federal funds rate rose to 2.25% when the Federal Open Market Committee met on September 26, 2018. This benchmark rate is an indicator of the economy’s health.

The Federal Reserve signaled it would raise rates to 2.5 percent in December 2018, 3.0 percent in 2019, and 3.5 percent in 2020. The rate is critical in determining the U.S. economic outlook.

The 2008 recession caused the Fed to lower its benchmark rate to 0.25 percent. That’s effectively zero. It stayed there seven years until December 2015, when the Fed raised interest rates to 0.5 percent. The fed funds rate controls short-term interest rates. These include banks’ prime rate, most adjustable-rate and interest-only loans, and credit card rates.

 

FOMC Raised the Rate to 2.5 Percent

“If the rate is raised, expect slower growth. It will also raise the cost of home mortgages, loans, and credit cards.” (src)

Jerome Powell

 

Photo by Alex Wong/Getty Images

The FOMC raised the fed funds rate a quarter point to 2.25 percent on September 26, 2018.

Prior to that, the Fed had raised rates to the following levels:

  • 0.5 percent on Dec. 15, 2015.
  • 0.75 percent on Dec. 14, 2016.
  • 1.0 percent on March 5, 2017.
  • 1.25 percent on June 14, 2017.
  • 1.5 percent on Dec. 13, 2017.
  • 1.75 percent on March 21, 2018.
  • 2.0 percent on June 13, 2018.

 

The Fed finished tapering off its quantitative easing (printing money) program in 2013.

That was a massive expansion of the Fed’s open market operations tool.

The Fed still had $4 trillion of debt in 2017 on its books from QE.

In October 2017, it began allowing its holdings to gradually decline.

 

“The FOMC sets a target for the fed funds rate at its regular meeting. Banks charge each other this rate when they lend each other funds. Those are loans banks make to each other to meet the Fed’s reserve requirement. Technically, the banks set these rates, not the Federal Reserve. But banks usually follow whatever rate the Fed sets as its target. ”

https://www.thebalance.com/current-federal-reserve-interest-rates-3305694

If you a Tripple-AAA rated US-company would need to borrow money – you would have to pay 5% interest according to: https://www.bankrate.com/rates/interest-rates/wall-street-prime-rate.aspx