Dow 650,000

newfie

Well-Known Member
We have an all-volunteer military that is currently meeting it's recruitment goals even in the face of seemingly never-ending wars in the middle east. Americans have always been willing to fight for their country and that hasn't changed.

Army meets recruiting goal for 2019 after revamping how it attracts prospective soldiers

the empire needs a lot of troops . Wikipedia estimates we are in over 150 countries

nice little map of our efforts to fight terrorism ,

This Map Shows Where in the World the U.S. Military Is Combatting Terrorism | History | Smithsonian

do we need troops in all those places or is it american arrogance to think we are the only ones that can do the job.

is it world ambivalence that realizes ignoring the problem is ok because the US will gladly send their troops in harms way for them?

are we the keepers of the world or the schmucks that are always willing to risk our lives doing the dirty work?

do we really need to deploy and risk our troops in so many places.

Trumps push for nationalism will never take us to total isolationism but it does ask a legitimate question are we doing way more then what should be our fair share while other countries slack in their shared responsibility.
 

Old Man Jingles

Rat out of a cage
Anyone have a fifty year time frame?

Billionaire investor Ron Baron sees Dow 650,000 in 50 years — about 25 times higher than today

Thank the robots, our next exploited class.
That means that the interest rate or ROI must equal 7% on average over the next 50 years.
Not that much of a dream ... normally I = 4%.

Applying the Rule of 72
72/(I=7.2%)

Doubles 4.5 times to get from 30K to 650k in 50 years
30K
60K
120k
240k
480k
960k

Einstein is attributed with the saying "There is no force in the universe more powerful than compound interest," and that he in fact invented the famous Rule of 72.

The Rule of 72, as you may recall, tells us how many years are required for an investment to double, by dividing the interest rate into 72.

For example, an investment paying 8% will double in approximately 9 years, because 72 divided by 8 equals 9.

This simple arithmetic computation is not exact, but it is close enough to the exact results of a logarithmic equation to make it extremely useful.

As for Einstein? No proof can be found that he ever even mentioned the Rule of 72, much less invented it.

In fact, it was first cited nearly 400 years before Einstein's birth, by Italian friar Luca Pacioli, in his 1494 book “Summa de arithmetica geometria, proporzioni et proporzionalita,” a guide to arithmetic, algebra, geometry, accounting and weights and measures.
 
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