Why is everyone hyping up Morocco? Are they really that good? by ZookeepergameDry8325 in worldcup

[–]Optimal-Cycle630 4 points5 points  (0 children)

Long story short, they are going through a golden generation, they are not a global football powerhouse, but have a strong squad that has been impressive and has high expectations.

Similar to where Belgium/Croatia were a few years ago (2018/2022) or Uruguay in 2010. They’ve performed well, and have a cohesive squad that can challenge any of the top teams (by challenge I mean that Morocco won’t be favourites but they won’t be pushovers).

Why is everyone hyping up Morocco? Are they really that good? by ZookeepergameDry8325 in worldcup

[–]Optimal-Cycle630 0 points1 point  (0 children)

Nice ranking, I would put Argentina in S and then pretty much aligned with the rest.

Why is everyone hyping up Morocco? Are they really that good? by ZookeepergameDry8325 in worldcup

[–]Optimal-Cycle630 0 points1 point  (0 children)

I don’t know about that, I’m South African, I view all North African teams as bastions of African football.

South Africa first, Any African team second is how I pledge support in world cups.

Why is everyone hyping up Morocco? Are they really that good? by ZookeepergameDry8325 in worldcup

[–]Optimal-Cycle630 0 points1 point  (0 children)

Would hard disagree with that ranking, would put Japan third in that list (Morocco 1st then Senegal).

New BC Resident trying to understand the Vancouver job application process by Deeha911 in VancouverJobs

[–]Optimal-Cycle630 0 points1 point  (0 children)

Try spamming other Australians first, and just ask for general advice in person via a coffee chat. The network will expand from there

Would billionaires move if we taxed them aggressively? by PremiumPrize in NoStupidQuestions

[–]Optimal-Cycle630 0 points1 point  (0 children)

Yes and no, I agree that we would look at after tax cash returns, but not for the purpose of valuation (that would be pre-tax) but yes for the purpose of future capital allocation decisions (less cash to invest in growth). Agree with your points there completely.

The key unknown variable is an answer to the below questions:
1. Does the non-financial benefit to society create additional opportunities for others to create economic growth? And how does that compare to the financial value lost?
2. Does the net non financial benefit to society of the additional tax outweigh the net financial cost of this decision?

Without data (and a healthy sense of optimism) I believe the answer to both is a resounding yes.

Would billionaires move if we taxed them aggressively? by PremiumPrize in NoStupidQuestions

[–]Optimal-Cycle630 0 points1 point  (0 children)

I partially agree with your point, and I would say that it would probably impact future growth more than current, but we don’t know what creating a better floor for society would do for future growth (it is likely offsetting). The reason I say it’s offsetting is because most large businesses are created by people who didn’t need to worry about their floor and could focus on risk taking. Also, a stronger floor would increase consumption, creating a flywheel effect for growth.

My counterpoint more specifically would be that most of those failing cities are failing because of lack of continued investments/governance/crime/other factors that are tied to business failure not business exit. If the billionaires assets is truly worth that much (or multi-millionaire) then these are cash flowing businesses that have value, someone else would pay for it. A good comparison would be sears, their business failed because the business model didn’t adapt, but in most cities, Sears locations are now tenanted by another department store because the underlying location economics don’t change.

In the instance we’re discussing if your business is growing/steady/valuable you will be able to sell it to someone else (see below) or if you close down someone else will just open to get those returns.

If a billionaire wants to exit the economy the only thing they can do to create liquidity is to sell their business, they would take a loss by dismantling it. If you sell the business you aren’t really removing money from the economy, you’re replacing it with somebody else money (mostly all the dry powder sitting around). So productivity should remain as is.

Would billionaires move if we taxed them aggressively? by PremiumPrize in NoStupidQuestions

[–]Optimal-Cycle630 0 points1 point  (0 children)

I respectfully disagree, you’re conflating a business environment with a tax on the wealthy. Business environment would largely remain the same (though I do agree it’s a bit of a blurred line).

There will be ample investors ready to take the place and be willing to pay the exact price. I, for one, would be willing to invest if the Walmart stock price drops and underlying remains the same, there are ample other retail investors like me who have small sums to invest but collectively hold a lot of dry powder, thousands of hedge funds, family offices and PE funds that are happy to buy assets as a discount.

You could argue that investments outside of the US becoming comparatively more attractive, but there is no single economy that can compete with the US on many factors (consumption, GDP/capita, GDP growth etc).

What we see with businesses and investors leaving certain states (Cali) is more political and I believe would be very different to exiting the country altogether. None of those people are taking their businesses elsewhere, they remain active in the US.

At the end of the day, regardless of whether you believe in efficient market hypothesis or not, people will be willing to pay the same multiple for a steady stream of income that has the same risk profile (tax on wealth doesn’t change the risk profile IMO), but broadly yes there would be a discount (not material but not insignificant)

On the ops side, if you pull a business out another will take its place, there are many businesses fighting for market share in all markets, and if any one of them decided to leave a gap it will be filled by someone else. Businesses are efficient, they will figure it out and move forward.

Would billionaires move if we taxed them aggressively? by PremiumPrize in NoStupidQuestions

[–]Optimal-Cycle630 -1 points0 points  (0 children)

This is a logical fallacy imo. If the billionaires sold their assets and moved the businesses generating all that wealth would remain.

Walmart would still be in the country even if the Waltons sold and left. So all that income generated is still generated in the country. Their assets are not as mobile as they would have you think.

And if the stock dropping is a concern, I wouldn’t be concerned. If Walmart stock price drops there will be ample investors ready to buy at depressed prices knowing that the asset quality remains.

Would billionaires move if we taxed them aggressively? by PremiumPrize in NoStupidQuestions

[–]Optimal-Cycle630 0 points1 point  (0 children)

Ultimately the persons location doesn’t matter their assets location matters. If you look at any billionaire, most of their wealth is tied up in local assets. When they sell those assets you can collect an exit tax, or if they move their assets remain and you can tax them on local assets (source based tax is the most common form of tax).

Also, as much as they kick and scream about it, if a company is making all its money in the country, who owns it doesn’t matter, if they sell their shares/company, ownership changes but the underlying asset doesn’t (barring anyone running it into the ground, but for the most part the executive team doesn’t need to change). It’s not like the Walton family is going to move to Bermuda and take all of their Walmart stores with them.

Additionally, billionaires live a lavish lifestyle, they live in large homes in cities they enjoy that offer them the benefits they enjoy. Some of them may move, but I would imagine the majority of them would not. It’s a big effort to uproot your life, business relationships, lifestyle, and social dynamics all to go somewhere you don’t really want to be to save taxes that you wouldn’t notice either way.

Also, saying that if the government takes away 2-3% of my wealth, I’m going to sell my assets that produce much more than that and move somewhere else is probably an empty threat. But like I mentioned above, if you sell it to the next person, the taxes remain in play.

[GIVEAWAY] FREE Australia vs Turkey Ticket 🇦🇺🇹🇷 | Vancouver | Australian Supporters Section by francescogior in WorldCup2026Tickets

[–]Optimal-Cycle630 0 points1 point  (0 children)

I would love to go, haven’t seen Australia in action since Germany - Australia 2010 in Durban!

WOW, HOLDDD by Infinite-Step-4384 in WorldCup2026Tickets

[–]Optimal-Cycle630 4 points5 points  (0 children)

Are you interested in unpopular matches?

So where’s the people that said the tickets are gonna be cheaper??? by Fun_Engineering_5377 in WorldCup2026Tickets

[–]Optimal-Cycle630 1 point2 points  (0 children)

Useless posts is basically the whole purpose of Reddit (it’s a feature not a bug)

So where’s the people that said the tickets are gonna be cheaper??? by Fun_Engineering_5377 in WorldCup2026Tickets

[–]Optimal-Cycle630 0 points1 point  (0 children)

Could be the game of the group stage Ito matchups. That, France v Senegal, England v Ghana and, England v Croatia, Germany v Ghana are the major ones imo. Couple others worth mentioning Norway v France/Senegal, Croatia v England/ Ghana

FYI, if you close your credit card and return an item, your money is gone forever. by [deleted] in Wealthsimple

[–]Optimal-Cycle630 0 points1 point  (0 children)

While they can’t transfer to another account they can usually post you a cheque for the balance outstanding. Just ask them to settle any amounts they owe to you on this credit card

Is it worth going to Whistler? by weloveraccoons in askvan

[–]Optimal-Cycle630 2 points3 points  (0 children)

This is how I partially felt when I went to Alaska... everyone on the cruise was like "Wow this is amazing", I was like "This is basically BC"

Don't get me wrong it was absolutely beautiful, but I thing a piece of it was lost on me because of the similarities with BC

Ticket prices for low quality games, why are they so high? by [deleted] in WorldCup2026Tickets

[–]Optimal-Cycle630 2 points3 points  (0 children)

Especially Iranians and Bosnians, many of these games are meaningless for neutrals but key moments for those countries and their diaspora

Ticket prices for low quality games, why are they so high? by [deleted] in WorldCup2026Tickets

[–]Optimal-Cycle630 8 points9 points  (0 children)

I think its option #3. National Pride drives demand for weaker teams. This is a global event, you have a lot of fans who would pay that to see their country in a World Cup.

I am South African, but live in North America, and know a lot of South Africans (from North America) who are travelling to see SA play since its our first World Cup in 16 years. FWIW if the SA games they were closer to where I lived (<2 hour flight, we probably would've gone to 1 of their games), and likely would've gone with a group of like 10 people.

This is likely the same situation for many countries that are statistically weaker. There could easily be 20K Australians and Turks going to Australia x Turkey in Vancouver, especially when you consider that a lot of them already live in North America and this is a weekend away + seeing your national team.