GaryTang

26 ms·

211.
by GaryTang 5y ago
Many people would never have exposure to trading in the markets if it weren’t for these apps. It’s a double-edged sword but it’s a net positive to society IMO.
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by GaryTang 5y ago
When the climate change movement starts to hold China more accountable, it will gain more steam.
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by GaryTang 5y ago
weird how no one wants to mention china either
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by GaryTang 5y ago
FYI: There are multiple asset types categorized under CRE. Offices are just one of those types.
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by GaryTang 5y ago
> “… could it be if people have more money for discretionary spending there could be more businesses to service them?” This would be true if people did have more money for discretionary spending, but increasing the minimum wage has shown
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by GaryTang 5y ago
> “…there seems to be no discernible correlation between minimum wage increases and a rise in business failures, either in the year the increase occurred or in the following year. If anything, the evidence leans the other way” Yes but th
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by GaryTang 5y ago
Individuals should have the ability to choose where they work and increasing the number of small businesses allows that. Reducing the number of small businesses means individuals have fewer employers to choose from. Communites with a higher
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by GaryTang 5y ago
Food for thought: Raising the minimum wage does not help the bottom class. Raising it directly reduces the volume of wealth distributed to the bottom class and solidifies monopolies by reducing the ability for small businesses to compete wi
219.
by GaryTang 5y ago
This is precisely why alternatives to traditional education are accelerating now and will eventually replace all but the boys club institutions and capital intensive science programs.
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by GaryTang 5y ago
I agree with you. This is another propaganda piece.
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by GaryTang 5y ago
> “In essence, these company towns were doing what Google does today, competing for workers with amenities.” This. These companies bring a greater level of prosperity to the locals as well. In my experience, far more exploitation occurs
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by GaryTang 5y ago
In small towns these employers usually provide a significant boost in prosperity for the constituents. It’s in cities where I see most exploitation. Anyone who has lived in both will agree.
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by GaryTang 5y ago
Why are Americans more likely to get vaccinated than most other nationalities?
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by GaryTang 5y ago
A take I don’t usually see is how it is selfish to not focus on yourself. For example, if you are consuming more than producing, why are you not focusing more on yourself in order to produce more value for the people around you?
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by GaryTang 5y ago
I’d wager the additional people caught “cheating” will likely be small business owners while the fat cats continue business as usual.
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by GaryTang 5y ago
But USA is ‘going down’ isn’t it? Media is created more and more for Chinese audiences. The market there is simply more appealing for producers. What gets produced has always been economically motivated, why would that change now?
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by GaryTang 5y ago
High taxes and burdensome regulations. They lower the number of available jobs and lower the ability for individuals to start a business.
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by GaryTang 5y ago
I don't understand how you can compare someone being lit on fire to someone being fined for not returning a tray or someone carrying a knife in public.
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by GaryTang 5y ago
Which is ironic because high tax rates are likely the true culprit for high crime rates. https://www.newsoptimist.ca/opinion/columnists/how-high-taxe...
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by GaryTang 5y ago
He’s joking. It can be very difficult to understand humor but also very rewarding.
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by GaryTang 5y ago
First thing I did when Biden won was buy option calls on oil/gas. Was a no-brainer.
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by GaryTang 5y ago
Thank you for demonstrating why smartphones and computers should be exempt from the right to repair