The trend of cutting social security with the demographics of an aging population will lead to an increasing gini coefficient. Now suppose that we achieve a society with 1000 people each having 40 billion dollars. So the entire wealth of the nation was held by these 3000 people. And they paid no taxes. And each was frugal and lived off 100,000 dollars per year. Would the velocity of money be zero? Also what would be the social implications? As our system is currently 70 percent consumption the GDP would basically collapse, by about 69 percent Just a thought experiment about the practical exigencies involved Is that what some would call an end game?
I really like the article. That said I find it interesting when people use 'Median household income' in such charts. Should Median household income be charted against sales of Rolex watches? John McCain owns 11 homes. If a large proportion of houses are being bought by people in the top 10 percent of income then the top 10 percent of income is better to look at than the medium income. Median income households cannot really afford to buy a house by my calculations. I have two income family coworkers who own multiple houses. They buy them and rent them out.
The Massive Underperformance Of Apple Vs. Amazon [View article]
Paul I am curious if the story is to just keep increasing revenues by double digits. Then selling cars would not be far fetched Sell anything just keep those revenues going up. As soon as revenue growth falls the stock crashes. However quality brands want to control the sales channel I would think Watch to see if bezo sells some kind of electric made in china yugo like car Anything to grow revenues
The Massive Underperformance Of Apple Vs. Amazon [View article]
Paul I would be curious how many other large cap outliers like amazon exist. Salesforce.com? If there are lots of them in the space then it is a hope thing. It seems like amazon grabs a piece of of every trendy thing that comes out. Cloud, kindle, cell phones whatever no specialization Gives me impression they will do everything in a poor way Personally I look to buy from best in class Heck next amazon will be selling there own electric car? Frankly wanted to buy some things there as a one stop shop but when looked at delivery cost ended up ordering books from b&n free delivery and stopping by Office Depot for the other item Then again could have made a fortune off amazon if knew why it keeps going up
IT how has the usa being doing for the past 30 years. 20k for medical insurance for s family of 4 for 1 year Why should anyone start a business here if it is a real free enterprise business and not on the dole Heard about the woman who spent 600k on her husbands cancer? What happened. He died Why can't people face death? Keynes said in the long run we all are dead I do not care if some rich person spends 600k of his own money. But not my money. And a European told me she goes to Europe for healthcare as she thinks it is better Both my daughters were born at Mayo clinic. I did not feel well served. One time we had a racist nurse. The other time a student doctor At 18k a pop Let me know if you ever decide to protest
Housing Inventory Continues To Drop [View article]
Yes had a fellow tell me that he, and his wife raised 2 boys in a 900 square foot house. 2 bdrm apartments go 1100 square feet these days. So are Americans just living beyond there means these days? Why were they willing to happily live in 900 square foot houses 40 years ago? I know these are social questions but find them interesting.
IT insurance coverage in the USA costs 12 times what it does in canada. How do I get that number. Healthcare costs in USA double those in Canada. Admin cost in Canada 5 percent in USA 30 percent. Viola 12 times. And united healthcare CEO pulls down 200 million per year. Boy they fight it out Looks like rip off to me That's good for other countries because they will be able to bury the usa
IBM: Despite Shenanigans, Big Blue's Still Got It [View article]
Moon what about TCS. Tata consulting services. It's companies like tcs that are creating big headaches for ibm. TCS is the next wave where chinese and Indian companies start beating on so called american multinationals. American multis have argued offshore the grunts to improve profits. But never offshore the ceo. But guys like tata are going to see that the CEO gets off shored. Actually the entire company. I love it. Look at Lenovo CEO from china and kicking hp butt. I have waited 30 years to see what's good for the goose is good for the gander. IBM will be torn to pieces and so will hp
Something Is Definitely Broken With The Market [View article]
Paulo I would be curious if there has been a stock like Amazon before. Say when eletricity came out? Or the diesel engine? Just curious. There must have been a similar stock before.
Low Nonfarm Payroll Number? Don't Blame Demographic Shifts Only [View article]
Also what would be the social implications? As our system is currently 70 percent consumption the GDP would basically collapse, by about 69 percent
Just a thought experiment about the practical exigencies involved
Is that what some would call an end game?
The U.S. Housing Bubble Is Back [View article]
I have two income family coworkers who own multiple houses. They buy them and rent them out.
The Massive Underperformance Of Apple Vs. Amazon [View article]
Sell anything just keep those revenues going up. As soon as revenue growth falls the stock crashes. However quality brands want to control the sales channel I would think
Watch to see if bezo sells some kind of electric made in china yugo like car
Anything to grow revenues
The Massive Underperformance Of Apple Vs. Amazon [View article]
If there are lots of them in the space then it is a hope thing. It seems like amazon grabs a piece of of every trendy thing that comes out. Cloud, kindle, cell phones whatever no specialization
Gives me impression they will do everything in a poor way
Personally I look to buy from best in class
Heck next amazon will be selling there own electric car?
Frankly wanted to buy some things there as a one stop shop but when looked at delivery cost ended up ordering books from b&n free delivery and stopping by Office Depot for the other item
Then again could have made a fortune off amazon if knew why it keeps going up
It Pays To Be Contrary [View article]
It Pays To Be Contrary [View article]
Why should anyone start a business here if it is a real free enterprise business and not on the dole
Heard about the woman who spent 600k on her husbands cancer? What happened. He died
Why can't people face death? Keynes said in the long run we all are dead
I do not care if some rich person spends 600k of his own money.
But not my money. And a European told me she goes to Europe for healthcare as she thinks it is better
Both my daughters were born at Mayo clinic. I did not feel well served. One time we had a racist nurse. The other time a student doctor
At 18k a pop
Let me know if you ever decide to protest
Housing Inventory Continues To Drop [View article]
So are Americans just living beyond there means these days? Why were they willing to happily live in 900 square foot houses 40 years ago? I know these are social questions but find them interesting.
It Pays To Be Contrary [View article]
Looks like rip off to me
That's good for other countries because they will be able to bury the usa
IBM: Despite Shenanigans, Big Blue's Still Got It [View article]
Housing Inventory Continues To Drop [View article]
Chinese And American Demographics Contrasted [View article]
Something Is Definitely Broken With The Market [View article]
Something Is Definitely Broken With The Market [View article]
Something Is Definitely Broken With The Market [View article]
Something Is Definitely Broken With The Market [View article]