A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
In previous comment , I failed to acknowledge author with thanks for a fine article. The money laundering shell game and Ponzi scheme that has now reached conspiratorial levels with agencies of the Government and private enterprise will no doubt continue to wreak havoc for many years to come. The author has given us much to research, chew on , and ponder, and my concerns are that much of it , and even much more hidden in the woodwork, will yet prove to be true.
A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
I agree with AV Altendorf about computer productivity if referring to the PC variety ,i.e..
Disastrously flawed software, a punitive learning curve, persistently bad hardware, esp. Hard Drives and latent flaws, (which continues to this day), outrageously high prices, and frequent replacements prevented productivity from being positive. But it did get people to spend money and learn some skills, so it had some positive effects even back then . Also it advanced the state of the art faster than what it otherwise would have been. Another plus was the incorporation of computer technology into a variety of products. Did it increase net productivity in the early years, and "save us " from anything ? Definitely NOT.
A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
The money laundering shell game and Ponzi scheme that has now reached conspiratorial levels with agencies of the Government and private enterprise will no doubt continue to wreak havoc for many years to come.
The author has given us much to research, chew on , and ponder, and my concerns are that much of it , and even much more hidden in the woodwork, will yet prove to be true.
A Summary of Q1 Bank Earnings: World, You Just Got Hustled [View article]
Disastrously flawed software, a punitive learning curve, persistently bad hardware, esp. Hard Drives and latent flaws, (which continues to this day), outrageously high prices, and frequent replacements prevented productivity from being positive.
But it did get people to spend money and learn some skills, so it had some positive effects even back then . Also it advanced the state of the art faster than what it otherwise would have been.
Another plus was the incorporation of computer technology into a variety of products.
Did it increase net productivity in the early years, and "save us " from anything ?
Definitely NOT.