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Theodore Lee

What Happens When A Country Doesn’t Pay Its Debts?

March 7, 2023

Most sovereign governments can, in theory, ignore their debts and default. The repercussions will depend on who lent the government the money.

It is extremely likely that no private investor or enterprise will consider lending more money (in the short term). They might go so far as to cease or curtail lending to private enterprises in that country due to perceived instability and unreliability of the government.

It is also likely the currency will devalue and there will be little incoming investment.

[Read more…] about What Happens When A Country Doesn’t Pay Its Debts?

Filed Under: Answers, Finance

Picture of the Day

March 7, 2023

György Dózsa

The Execution of György Dózsa

History has taught us that committing high treason is a sure fire way to get tortured and executed in the most excruciating ways. Of course, this isn’t a problem if you actually manage to succeed in overthrowing a ruler or monarch, but those who fail are made an example of in the worst ways possible. Such was the case of György Dózsa, a Hungarian soldier of fortune who led a peasants’ revolt against the kingdom’s nobility in 1514. Despite achieving some early decisive victories against the Hungarian army, the revolution was eventually suppressed with force and Dózsa captured.

[Read more…] about Picture of the Day

Filed Under: History, Picture Of The Day

Linkage

March 6, 2023

Highs, lows and heartbreak: How a pair of California eagles developed a worldwide fanbase – USA Today

3 unexplainable mysteries of life on Earth – VOX

For $50, these bookshelf speakers a great introduction to the budget audiophile world – Amazon

Texts From Crypto Giant Binance Reveal Plan to Elude U.S. Authorities – WSJ

Inside the Plan to Fix Baseball – Esquire

The inside story of how ChatGPT was built from the people who made it – MIT

How To Turn Your Hobby Into Money and Eventually Something You Hate – The Hard Times

China has banned women from modeling lingerie on online shopping livestreams — so men are doing it instead – Insider

Van Dyck Painting Bought for $600 Sells for $3 Million at Auction – My Modern Met

9 Best Exercises for Men To Get Bigger, Stronger Legs – Eat This Not That

How do top athletes get into the zone? By getting uncomfortable – Ideas

12 Questions to Ask a Woman to Get to Know Her Better – Knowledge For Men

Awesome insulated carrier for anyone who brings their lunch to work or school. Great, sturdy materials, water repelling outer shell, and lots of extra storage space for utensils, a book, or anything else you may want to enjoy on a break – Amazon

How to Recover from Romantic Heartbreak – Scientific American

There’s a Good Reason Europeans Think American Chocolate Tastes Like Vomit – Mental Floss

Six Observations From the 2023 NFL Combine – The Ringer

Here’s How F1 Engines Make 1,000 HP From Just 1.6 Liters – The Drive

Are You Using Social Media or Being Used By It? – Cal Newport

Filed Under: Links

The Dumping Grounds

March 6, 2023

[Read more…] about The Dumping Grounds

Filed Under: Dumping Grounds

What’s It Like To Date A Woman 25 Years Older Than You?

March 6, 2023

I dated a lovely woman that was exactly twice my age. I was 25 and she was 50.

She’d been through a terrible, abusive marriage, and had 3 grown children, 2 of which were older than I.

Her ex and her kids treated her like shit and unfortunately she let them.

Together we made a life running a business together that was successful enough for us to afford 2 homes, 3 nice cars, and a 30+ foot house boat.

[Read more…] about What’s It Like To Date A Woman 25 Years Older Than You?

Filed Under: Life Experiences

What Was it Like Living in Occupied France During WWII For the Average Person?

March 6, 2023

In France, the Nazis split France into an occupied and unoccupied zone – occupied being the north, unoccupied, or Vichy, being the south. Nazis would have been living in the occupied zone – you would have had to board one for several days at a time – from 1940, and into the unoccupied zones from 1942.

[Read more…] about What Was it Like Living in Occupied France During WWII For the Average Person?

Filed Under: Answers, History

Picture of the Day

March 6, 2023

Suneung

Every November in South Korea, there’s a day where everyone makes silence to help students concentrate for their most important exam of their lives. Planes are grounded, constructions are paused, banks close and even military training ceases. This day is called Suneung.

The infamous Suneung, an abbreviation for College Scholastic Ability Test (CSAT) in Korean, is an eight-hour marathon of back-to-back exams, which not only dictates whether the students will go to university, but can affect their job prospects, income, where they will live and even future relationships.

[Read more…] about Picture of the Day

Filed Under: Culture, Picture Of The Day

Happiness Is A Choice

March 6, 2023

(photo: @phammi)

We all want to be happy.

We all want to experience joy, love, and abundance on a daily basis.

We all want to live the best life possible.

But very few of us actually know how to achieve the goal of lifelong happiness.

We are always thinking once we get this done or accomplish that goal… then we’ll be happy.

This was me:

Once I graduate high school then get into college then I’ll be happy…

Once I graduate college then get a job I’ll be happy…

Once I get this promotion then I’ll be happy…

Once I make enough to retire then I’ll be happy…

Once I get a date then I’ll be happy…

[Read more…] about Happiness Is A Choice

Filed Under: Life Advice, Life Advice

Linkage

March 4, 2023

Catherine Bach - Dukes of Hazzard

She Played Daisy Duke on The Dukes Of Hazzard. See Catherine Bach Now at 69 – Ned Hardy

2 BJJ Guys VS Two Gym Cholos – Reddit

If you have shoulder pain and have a hard time with the bench press, this bench press block takes the pressure off your shoulders and keep the tension in the pecs and triceps – Amazon

Visualized: The Most (and Least) Expensive Cities to Live In – Visual Capitalist

L.A. man wrongly imprisoned for decades declared innocent after DNA evidence points to different suspect – NBC

“I Was Tricked” Female Tennessee Cop Now Claims She Was “Sexually Groomed” Into Letting The Police Department Run A Train On Her With New Lawsuitm – NY Post

15 People Whose IQs Are Higher Than Albert Einstein’s and What They Do For a Living – Bright Side

He Played Ray in Jerry Maguire. See Jonathan Lipnicki Now at 32 – Ned Hardy

Dave Grohl Showed Up With No Publicity To Cook And Serve For 500 Homeless People – Sunny Skyz

9 Best Ghost Towns to Visit in Idaho – Van Life

Roughly 40 percent of single Japanese men in their 20s have never been on a date – SoraNews

Fascinating Vintage Photos of Girls Attending Home Economics Classes, 1920s-1930s – Rare Historical Photos

A damn fine picdump that your cerebal cortex will thank you for – Leenks

Why Judging People Is Really About You (Not Them) – Tiny Buddha

Betting Against Jim Cramer Now A Reality: What Investors Should Know About The Inverse Cramer ETF – Benzinga

What Happened to Bath Salts, America’s Freakiest Drug? – Mel Magazine

15 Ways to Lower Your Blood Pressure Naturally, According to Experts – Prevention

How To Regain Your Masculinity In A Relationship – Knowledge For Men

Top 10 Stupid Mistakes That Ended A Serial Killer’s Career – Listverse

Filed Under: Links

The Dumping Grounds

March 3, 2023

[Read more…] about The Dumping Grounds

Filed Under: Dumping Grounds

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