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moana posted:Seattle is a bunch of new money tech people, they get paid mad bank and want to impress all their friends and have no idea what to do with money but spend it all. P.S Im from Australia.
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# ? Apr 10, 2015 06:11 |
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# ? May 16, 2024 21:52 |
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Suspicious Lump posted:WTF is the deal with rent over there? I've got someone going over there as part of a scholarship and shes asking for 30k for 12 months for a furnished apartment. I knew Seattle was expensive but daaaaamnnn. You're from Australia and you're surprised a fully furnished apartment is $590/week? That would be a loving steal for an unfurnished apartment in Sydney.
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# ? Apr 10, 2015 07:37 |
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Suspicious Lump posted:WTF is the deal with rent over there? I've got someone going over there as part of a scholarship and shes asking for 30k for 12 months for a furnished apartment. I knew Seattle was expensive but daaaaamnnn. When you rent a furnished apartment, think of it as paying rent-to-own prices on everything inside e: Except you never own it
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# ? Apr 10, 2015 13:31 |
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Suspicious Lump posted:WTF is the deal with rent over there? I've got someone going over there as part of a scholarship and shes asking for 30k for 12 months for a furnished apartment. I knew Seattle was expensive but daaaaamnnn. That's pretty much it. Seattle is a desirable city with a lot of high-paying tech jobs in the area thanks to Microsoft, Amazon, and friends. Because of the local geography, a transportation system that was designed for a much smaller population, and anti-sprawl urban planning, the supply of housing near major employers is constrained, commuting is difficult, and prices in desirable neighborhoods like Capitol Hill have skyrocketed. Developers are building new housing, but they're focusing on expensive luxury apartments so they can make more money, which keeps the prices high. With all that said, ~$1,875 USD/month is pretty high, even for Seattle (assuming it's expected to cover just rent, and not all living expenses). If this is coordinated through a school, there's a good chance they can help you find lower-cost housing. If it's not, it might be time for the student to adjust their expectations.
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# ? Apr 10, 2015 14:44 |
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OneWhoKnows posted:It Came From Reddit: God, reading this one makes me so sad. It's one thing to blow more money than you had to on dumb interest payments, impulse toys you don't even really want, and chalk it up as an expensive lesson but you'll get over it eventually and live an average to okay life. But this poor woman, 66 years old, has lost her entire retirement and her house she's owned outright for decades. Even though my grandma doesn't have a computer and doesn't answer the phone from numbers she doesn't recognize, I feel like I should still give her a call and have a chat about these just in case.
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# ? Apr 10, 2015 14:48 |
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Zo posted:blindly trusting the clickbait shitrag that is the NYT is bad with money Yeah man, that's why I get all of my news from the Daily Show and blogs that THEY don't want you to know about!
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# ? Apr 10, 2015 14:56 |
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Space Gopher posted:Seattle is a desirable city with a lot of high-paying tech jobs in the area thanks to Microsoft, Amazon, and friends. Because of the local geography, a transportation system that was designed for a much smaller population, and anti-sprawl urban planning, the supply of housing near major employers is constrained, commuting is difficult, and prices in desirable neighborhoods like Capitol Hill have skyrocketed. Developers are building new housing, but they're focusing on expensive luxury apartments so they can make more money, which keeps the prices high. Yeah, Seattle is so "anti-sprawl" that only 85% of the city is zoned for single family use, rather than 90% like most other cities
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# ? Apr 10, 2015 15:14 |
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Suspicious Lump posted:WTF is the deal with rent over there? I've got someone going over there as part of a scholarship and shes asking for 30k for 12 months for a furnished apartment. I knew Seattle was expensive but daaaaamnnn. I depends on where in seattle you're looking. A "funished apartment" downtown or in u district int he right spot will end up costing you that kind of money. Tell her to find a place in Freemont/Ballard/Wallingford and you get to live in the cool cheaper spots. Also rent a room jeezey Petes. The dorm studios were only 600 bucks a month when I was going there and that was too much so I just rented. If you do enough research you can find a good place on CL easily.
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# ? Apr 10, 2015 15:54 |
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"Furnished apartment" is code for "only price-insensitive tenants need apply", the world over.
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# ? Apr 10, 2015 15:56 |
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pig slut lisa posted:Yeah, Seattle is so "anti-sprawl" that only 85% of the city is zoned for single family use, rather than 90% like most other cities It's 54%, but that's not even all that important. When it comes to sprawl, the city itself doesn't matter; it's King County and the urban growth boundary that make the difference. In most urban sprawl situations, the biggest offenders aren't in the city core itself - they're the bedroom communities outside the city, where people build McMansions on cheap land. Dallas-Fort Worth is a perfect example; they have cheap land on the edges of the metroplex, almost no restrictions on growth, and big fat Texas highways, so development moves to the edges, the edges move out, and the process repeats itself. King County has established fairly strict limits on development in rural areas, and that's made a major difference in both sprawl and housing supply. If the rules were looser, you can bet that North Bend and Snoqualmie would be jammed full of developments like that mega-"community" they keep trying to build out in Bonney Lake.
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# ? Apr 10, 2015 16:16 |
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drat Bananas posted:Even though my grandma doesn't have a computer and doesn't answer the phone from numbers she doesn't recognize, I feel like I should still give her a call and have a chat about these just in case. My grandma almost got caught by something similar a couple years ago. What they decided was to put my dad on her bank account too and then have the bank call him to confirm, if she tries to withdraw more than a couple hundred bucks at once. It seems to have worked.
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# ? Apr 10, 2015 17:21 |
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Craptacular posted:My grandma almost got caught by something similar a couple years ago. What they decided was to put my dad on her bank account too and then have the bank call him to confirm, if she tries to withdraw more than a couple hundred bucks at once. It seems to have worked. Isn't that a bad idea because if your dad goes bankrupt or has creditors going after him, granny's life savings is considered an account that he owns?
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# ? Apr 10, 2015 18:29 |
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canyoneer posted:Isn't that a bad idea because if your dad goes bankrupt or has creditors going after him, granny's life savings is considered an account that he owns? I believe the point is that the risk of that is much, much lower than grandma getting suckered in by some malicious party. Also I would bet granny would be more than happy to give her life savings up if she thought it would help her son out of serious trouble.
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# ? Apr 10, 2015 18:46 |
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quote:Allen was the first guy that showed me how NBA players spend money in strip clubs. That guy went. HARD. He'd throw so much money, and this was when I was first in the league, that I used to take my foot and scoop the s--t under my chair and either re-throw it or put some in my pocket. He'd throw $30,000, $40,000 every time we went. I'm like, "You realize what I can do with this money?"
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# ? Apr 10, 2015 19:31 |
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Knyteguy posted:http://bleacherreport.com/articles/2426481-matt-barnes-says-allen-iverson-routinely-dropped-40k-at-strip-clubs "Athletes? I don't hang out with athletes. I used to, and I stopped. Why? Because athletes don't respect money." https://www.youtube.com/watch?v=yhM1dGyUca4
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# ? Apr 10, 2015 19:36 |
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Going out once per game, not including playoffs, that's over 3 million in a year.
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# ? Apr 10, 2015 19:47 |
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Blinkman987 posted:Going out once per game, not including playoffs, that's over 3 million in a year. Clubbing after an away game against the Jazz is probably pretty cheap and good with money.
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# ? Apr 10, 2015 20:05 |
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quote:He stayed in his lane, balled within his means. Barnes knows thrown cash is just as green as yet-to-be thrown cash, so why not stretch those funds a bit? He balled within his means. Something SlowMo will never do. Haifisch posted:Considering that a lot of them are probably more invested in the ~dream~(technological revolution! currency of the future! down with fiat! untraceable and secure! be your own bank!) than anything, and the rest are greedy idiots, this really shouldn't surprise you. Part of doing this is to see if there was anyone in the subreddit actually knew something about investing. Nope, there's not a single sane or competent person left in there. I did get one angry redditor who responded to me pointing out that bitcoins are worth less. I responded to his message that if he was so sensitive to the price of bitcoin then he should diversify. He responded saying his investment is bitcoin was doing well. That's kind of hilarious because that's not possible. Devian666 fucked around with this message at 20:41 on Apr 10, 2015 |
# ? Apr 10, 2015 20:34 |
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Man, I hope I'm not too late for horse equuity chat. I had at least a couple rich horse girls in my class in grade school. I rode horses too because my family has land in the country where we keep a herd of reject Standardbreds that you can pick up from the racetrack for a song and a dance, but I was never a "horse person" - I never did shows or competitions or anything. I took some English riding lessons, but my grade-school self couldn't get over the idiotic prissy outfits, so I stopped and stuck with Western where it was okay to wear jeans. Also never obsessed about horses, and wouldn't have been too upset if we stopped having horses. In talking to this other horse-riding girl in my class, I quickly discovered that we were speaking entirely different languages and I couldn't compute because Her horse and setup? A $100,000 (maybe less, but 100k sticks in my head for some reason) Thoroughbred hunter jumper that was a neurotic shithead and would spook at the drop of a hat (probably literally). Boarding it cost at least $500/mo, not including feed and vet bills and the farrier, and then she had expensive lessons and all the brand new gear and fancy leg wraps or whatever you put on your precious fragile six-figure beast. And special vitamins and hoof polish and whatever other stupid poo poo horse girls waste their parents' money on. Then I heard about how she (or maybe a different rider, don't remember) was on a jumping course, horse spooked or took a bad step or something coming up to a jump, careened over into the jump, threw the rider (she was fine), and landed on and fractured its back. I thought that was the end of the horse (would've been the end to my horse, for sure), so my first reaction was "sorry for your loss." But no, horse's back wasn't completely broken, so it went into some sort of intensive rehabilitation and surgery and took forever to recover and couldn't really compete at the same level and had lingering back issues, so it was definitely not worth its original price tag anymore, especially after all the vet costs, which were no doubt absurd. All that horse equuity down the drain. Just, holy crap. I get having horses - they can be wonderful creatures (when they're not spooking at a rock or tripping over themselves/breaking their legs) and you can get good horses for cheap if you know where to look and are willing to work with them a bit. So if you can afford to board and maintain it/have land, that's great. I've just never understood paying 5+ figures out the rear end for some fancily-bred horse for your 13-year-old just so she can make it jump over things when you can literally teach a cow to do the exact same poo poo:
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# ? Apr 10, 2015 21:29 |
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Chinese retail stock investors: investing like it's 1929. Right down to getting hot tips from people on the sidewalk outside the exchange.quote:Gan Li, who teaches economics at Texas A&M University, says people's perceptions — and not fundamentals — are driving the Shanghai market, and several factors are pushing up valuations. Jumpingmanjim posted:
5.8% of new investors are literally illiterate. These people have no idea what they are doing and will be so screwed when the market crashes.
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# ? Apr 10, 2015 22:11 |
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Getting your kid a cow is good with money. Cow equity is a solid investment, just don't trade it for magic beans.
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# ? Apr 10, 2015 22:31 |
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Mr.Radar posted:Chinese retail stock investors: investing like it's 1929. Right down to getting hot tips from people on the sidewalk outside the exchange. yup. That's a classic bubble. What happens outside of China when it pops?
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# ? Apr 10, 2015 22:46 |
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Authentic You posted:Man, I hope I'm not too late for horse equuity chat. Can you brush a cow's pretty, pretty mane while gazing into its giant brown eyes and telling it all your secrets like how you totes have a crush on Jimmy from fourth period algebra no you can not
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# ? Apr 10, 2015 22:46 |
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Mr.Radar posted:Chinese retail stock investors: investing like it's 1929. Right down to getting hot tips from people on the sidewalk outside the exchange. Nah, they're investing like it's 1925. Savings rates of 30-50% are common with some being more extreme with 80% savings. There's a lot of money people can pour in as the economy is relatively strong relative to western growth rates. However that article has every single sign of a 1929 and 1987 type bubble getting underway. Add a lot of people with no understanding of the stock market buying shares with increasingly larger borrowing to invest and you have a lot of trouble. The wealthy people in China invest little or nothing inside the country other than for their own businesses.
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# ? Apr 10, 2015 22:58 |
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Parallel Paraplegic posted:Can you brush a cow's pretty, pretty mane while gazing into its giant brown eyes and telling it all your secrets like how you totes have a crush on Jimmy from fourth period algebra no you can not Sure you can.
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# ? Apr 10, 2015 23:11 |
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Ox-eyed was a trait of beauty 2000 years ago when good with money meant good with cattle. A cow may not scare like a horse but it will crush your foot, pin you against the side of the stall, and then decide it is done moving for the day. Still though, if you can handle the beasts, bovine equity ain't a bad thing to have.
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# ? Apr 10, 2015 23:20 |
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Rudager posted:You're from Australia and you're surprised a fully furnished apartment is $590/week? That would be a loving steal for an unfurnished apartment in Sydney. A friend of mine pays ~500/wk for a small 1br in a brand new luxury building in downtown sydney. dunno if 2360 would be a steal... Space Gopher posted:
?? A 2br in a 2-3 unit home in somerville ma is $1800-$2000. I pay $1775 for an unfurnished 1.5 bedroom in Boston. This rent seems pretty normal to me for desirable locations heavy on tech. I don't understand the confusion over that price.
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# ? Apr 11, 2015 00:29 |
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Authentic You posted:I've just never understood paying 5+ figures out the rear end for some fancily-bred horse for your 13-year-old just so she can make it jump over things when you can literally teach a cow to do the exact same poo poo: This is a fantastic picture. There is nothing not awesome about it.
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# ? Apr 11, 2015 01:05 |
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xie posted:A friend of mine pays ~500/wk for a small 1br in a brand new luxury building in downtown sydney. dunno if 2360 would be a steal... Cue Jastiger to come in and post about rural Iowa or wherever
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# ? Apr 11, 2015 01:22 |
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I just spent the last week in Midland, TX, which is basically ground zero for the oil boom in West Texas. So, so much truck equity. The lowest unemployment in the nation and high earning 20 year-olds trying to buy a bigger truck than the last guy as far as the eye can see. It's an interesting place to say the least.
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# ? Apr 11, 2015 06:31 |
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Barry posted:I just spent the last week in Midland, TX, which is basically ground zero for the oil boom in West Texas. So, so much truck equity. The lowest unemployment in the nation and high earning 20 year-olds trying to buy a bigger truck than the last guy as far as the eye can see. It's an interesting place to say the least. I've been to Midland a couple of times and what always struck me was how there is very little in the way of a "business" district. It seems like the entire place is nothing but neighborhoods made of McMansions.
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# ? Apr 11, 2015 07:26 |
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The way the oil boom goes in TX makes me think of the stories of 1849 and the Gold Rush in CA. I wonder if TX is going to be rife with ghost towns when the oil dries up.
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# ? Apr 11, 2015 11:21 |
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Taco Box posted:The way the oil boom goes in TX makes me think of the stories of 1849 and the Gold Rush in CA. I wonder if TX is going to be rife with ghost towns when the oil dries up. I thought people all commuted for 7 or 14 to trailers at these rigs in west bumfuck Texas and North Dakota; I didn't realize anyone actually lived near them
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# ? Apr 11, 2015 13:36 |
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Taco Box posted:The way the oil boom goes in TX makes me think of the stories of 1849 and the Gold Rush in CA. I wonder if TX is going to be rife with ghost towns when the oil dries up. "Dallas" was on the air in 1978. Texas has been drilling oil for decades and decades. It's not quite the same as the gold rush. Devian666 posted:I posted a thread in /r/bitcoin to ask how they manage their investments. Only got one good bad with money reply. He thinks investing is the same thing as gambling, so he cuts the poo poo(in his mind) and only invests with Bitcoin. It's a pretty common mindset, actually. The 2008/2009 crash really really hosed up a lot of people's views on investing in the market.
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# ? Apr 11, 2015 14:11 |
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ChipNDip posted:He thinks investing is the same thing as gambling, so he cuts the poo poo(in his mind) and only invests with Bitcoin. Fair enough, but with that mindset I'd say even gold makes more sense.
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# ? Apr 11, 2015 14:46 |
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Folly posted:yup. That's a classic bubble. What happens outside of China when it pops? Cheap Chinese stock takes over American investor money. Stop shipping our stock brokers over seas!
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# ? Apr 11, 2015 15:13 |
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jon joe posted:Cheap Chinese stock takes over American investor money. Stop shipping our stock brokers over seas! We have a glut of capital that no one wants to spend. Sending it elsewhere is fine because it sure is doing nothing here.
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# ? Apr 11, 2015 15:34 |
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MickeyFinn posted:We have a glut of capital that no one wants to spend. Sending it elsewhere is fine because it sure is doing nothing here. Hmmm, yeah, the capitalist system falls apart when the wealthiest horde their wealth instead of continuing investment like they're meant to do.
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# ? Apr 11, 2015 15:39 |
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jon joe posted:Hmmm, yeah, the capitalist system falls apart when the wealthiest horde their wealth instead of continuing investment like they're meant to do. But if they have all that wealth it'll trickle down to the poors! Are you sure you aren't just being too impatient to notice it trickling???
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# ? Apr 11, 2015 15:55 |
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# ? May 16, 2024 21:52 |
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BEHOLD: MY CAPE posted:Cue Jastiger to come in and post about rural Iowa or wherever Its not rural Iowa. Rents in Des Moines and other midwestern cities are way more reasonable than that bullshit you quoted. There are lots of places where you can do tech jobs that don't require you to live in a shoebox for $2k a month. Its all about inflation and ~urban charm~ that jack up and gentrify these places.
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# ? Apr 11, 2015 17:28 |