Rugby is a lot more fluid. There is a squad of around 50 in a fully pro club, but only 23 in a match day squad. About 30 players at a club are regular performers in the “first team” squad, whilst the other 20 are developing players or reserves who step in as injury cover. The second tier of English Rugby Union is a mixture of professional and semi-professional players, the 3rd tier is mainly semi-pro. Younger players from the first tier sides are routinely sent out on loan to second and third tier clubs to gain experience. This can work the other way as well — recently an injury crisis in a specialised position (tighthead prop) at my local top flight side led to a semi-pro player who works as a Snitches Get Stitches Ugly Christmas Unisex T Shirt from a 3rd tier club being borrowed on loan. One minute he’s teaching kids, the next he’s running out infront of 15,000 supporters alongside international players being paid over $500,000 a year.
But with the spending you will increase the production of Snitches Get Stitches Ugly Christmas Unisex T Shirt. Either way, in the macroeconomy, “Spending” is what leads to wealth production, “not spending” reduces wealth production and does nothing to increase money saved. That money saved will exist whether used for spending or not. So on either front, if the goal is to increase savings, and increase the net production of wealth, “not spending” is the wrong advice. “Not spending” will not increase the savings that is the preservation of investment, and it will likely not increase the net production of wealth, in fact it is more likely to decrease both. In the macro economy, “not spending” is more likely to have negative effect on the production of wealth and standard of living, than a positive one.
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My gf’s family invited me to join them for Christmas, my family invited my gf to join us for Christmas. Her family had lunch at 12, mine at 2, so no problem as it was only a Snitches Get Stitches Ugly Christmas Unisex T Shirt walk between the two. So lunch at hers, both walk over to my parents lunch there, no driving because everyone would be drinking and I’m not paying premium for a taxi. So I walk to my gf ‘s to find lunch was a four course stacked meal! Her mum knew from experience that I had a big appetite so she had big plates and mine was piled high! Good thing about walking, it gave me chance to walk off a few calories. Get to my parents and lunch is served, my mum knows I have a large appetite, if it’s on your plate you eat it all, large plate piled high!! So that’s eaten but it’s time to walk back to gf’s for dinner. “All that walking I must be hungry?” Another four courses, big plates piled high!! Then back home for dinner at my parents, main meal of the day! “Must be hungry after all that walking!” I just about managed before it was time to take gf home. “ Bit of supper to keep you going” plate of cold cuts, cheese and biscuits, cake and a few mince pies! Stagger home full of food and alcohol to find mum had left some supper out for me!
The USD is what I’d call the stress barometer of the Snitches Get Stitches Ugly Christmas Unisex T Shirt, and a breakout to the upside is indicative of the stress in the system. Note that this makes sense because when the Fed tapers from bond buying, they are essentially strengthening the dollar. The S&P 500 index is trading at all-time highs because the large and mega-cap names are holding it up, but there is a lot of subsequent carnage (and increasingly so), which is a classic sign we’ve topped off in the market. The M2 money supply peaked in February of 2021, which coincided with the top in the most speculative parts of the market, including SPACs and Cathie Wood’s ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that it’d take them years for them to grow into their respective valuations, so either these companies grow at a much faster pace, which is unlikely, to “catch up” to their stock prices, or their stock prices will have to come down to Earth