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Forums - General - I don't know anything about economy or politics, I feel stupid.

VGKing on 20 December 2012
Adinnieken said:
VGKing said:
Most people don't(including me).
They just don't teach these stuff in school.

You're not a US Citizen are you?  Every school in the US teaches American Government.  It's a required course.  And then, when you get to college/university, you typically have to take a 2nd course of it. 

I am from the US and I can tell you that they don't do a very good job teaching about politics. They mainly teach history, not politics.



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the2real4mafol on 20 December 2012

I just read newspapers sometimes, but i am also generally interested in politics and global events anyway. The fact that I do an A-level in politics help too



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dsgrue3 on 20 December 2012
sethnintendo said:
Soleron said:
sethnintendo said:
happydolphin said:
Cub said:

...

Wasn't Ali or someone praising THQ rebound recently in that thread?  Now they filed bankruptcy and down 73% on the day. 

And one of the key things you need to know about the economy is that a reorganisation bankruptcy is not bad! THQ can reduce or eliminate debt, more easily lay off or renegotiate with employees, and in general focus on a few profitable projects and their valuable IP.

Chrysler and GM seem to be doing decent after their 2009 bankruptcies.  Chrysler lucked out with Fiat and GM seems to taking a better approach at selling cars that people actually want (not just focusing on gas guzzling SUVs and trucks).  I'd rather see failing companies file for bankruptcy than getting bailed out by the government.  I remember when US automakers (mainly GM and Chrysler) kept going back to Congress begging for more money every month or so just to keep them afloat.  I understand there can be a turnaround after bankruptcy but it seems like someone might need to buy out THQ for their IPs. 

Not really. Chrysler was bailed out and then purchased by Fiat circa 2009. 

And GM? Not doing well at all, I'm afraid.

http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/

 

OT: Research, research, research is all you can do. Avoid partisan news outlets, or view them from both sides. FactCheck.org tries to remove the partisan from the politics. Believe it or not, most of the time there isn't one party at fault for anything, contrary to what most people tend to shout.



Adinnieken on 22 December 2012
VGKing said:
Adinnieken said:
VGKing said:
Most people don't(including me).
They just don't teach these stuff in school.

You're not a US Citizen are you?  Every school in the US teaches American Government.  It's a required course.  And then, when you get to college/university, you typically have to take a 2nd course of it. 

I am from the US and I can tell you that they don't do a very good job teaching about politics. They mainly teach history, not politics.

You were supposed to have taken an American Government course in your Junior or Senior year of high school. 

Were you college bound in high school?  Like AP or College Prep?