Opie & Anthony: Louis CK Explains…The Financial Collapse – Part 1 of 3
Filed Under (Loans) by admin on 08-09-2010
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Louis talks most the ceding and the fucked economy. He also describes the man-made insufficiency of diamonds low the De Beers’ dominated supply. gladiator after mentions the program “The Giant Pool of Money” from This dweller Life on NPR, which you crapper center to here: www.thisamericanlife.org Part 1 of 3.
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Wow, some failed ass predictions and assumptions here.
Liberals are nice people, but they are economically retarded.
@dslcobra
But actually I’m not wrong. The price of diamonds is artificially inflated by the diamond industry. It’s not a matter of free market demand since it’s NOT A FREE MARKET. They create an artificial scarcity and an impression that they’re rare and valuable to the general public despite the fact they’re not very rare at all. The supply of diamonds by far outweighs the demand of diamonds. You really need to brush up on your knowledge of history of the diamond trade.
@singedrac
I know that. But actually you’re wrong. The only reason why dimaonds are worth anything is because THE PEOPLE DESIRE them and have shown they are willing to pay huge amounts of money for them. If everyone STOPPED BUYING DIAMONDS SUDDENLY and started going after Rubys…the Demand would outweigh the supply and the price of Diamonds would fal while the price of Rubies would skyrocket.
@dslcobra
That’s because the industry fixes prices. Diamonds are expensive not because they’re rare (they aren’t rare at all) but because industry collusion keeps the price artificially high.
@singedrac
artificial diamonds aren’t worth anything near what natural diamonds are.
” I’m not saying I do it better, I just don’t cry like a little bitch when I can’t open my milk. “
“My mother’s cunt.”
@mophead2345 I’m pretty sure he means a headquarters not a store, it seems stupid that they could do that but everything is pretty stupid
@sniper6081 Because it’s still there. Good point anyway, later.
@gfuzzy Huh? Are you actually responding to a post made eight months ago? This whole thing is irrelevant to me now. I don’t care about this anymore. Why do people respond to posts this old anyway?
@sniper6081 Hurr,durr because you know it all pal.
hes way fucking smart than i thought he was…
Girls are cunts and they don’t care who dies for their fucking sparkles
Steal the bread, like a man!
Yeah, gold is actually scarce as an element. Diamonds are made of carbon, which is common. They can be grown synthetically now.
Ted the Jewel Hack!
….
Dear God, marry me.
who didnt know diamonds are a nasty thing people are idiots and they’re better off buying shinny rocks like a retard than investing in their life.
DIAMOND HATS!!!!!
i think when louis said have a garden so you have food, was probably the best advice
Not only diamonds. Roses cause droughts in African villages, gold jewelry is dangerous because of the environmental damage from mining, cheap chocolate is picked by children laborers… Nestle is evil. I don’t approve of any of the supposed traditional romantic gestures. Something about the downfall and destruction of human lives so I can have a gift kinda puts me off. Fuck a diamond ring or roses that die. I’d rather have guy give me orgasms over jewelry any day.
they need to come up with a car that runs on diamonds
This was surprisingly educational. I knew Louis CK was pretty switched on but this kind of thing – stocks, DOW index etc. – totally goes over my head 99% of the time.
De Beers is illegal in the US? Wikipedia says they are in: NYC, Houston, Beverly Hills, Las Vegas, Dallas, San Francisco, Honolulu, and other places. It is wikipedia afterall tho.
How did you find this video you shitcunt without seraching OPIE AND ANTHONY LOUIS CK?