NTDF9

21 ms·

151.
by NTDF9 7y ago
Sure. But I don't know what's better. A life of $10/day with dirt cheap healthcare or a life of $60/day with the constant fear of losing healthcare. This is why PPP comparison matters.
152.
by NTDF9 7y ago
But is there an acceptance that the exceptionalism cannot be had by massive global bullying, wars, lack of investment in people vs corporations? I mean, its literally impossible to be number 1, if the competition is investing in their peopl
153.
by NTDF9 7y ago
Yup. So much printed money in the hands of "investors", who are all chasing yields. No one wants to invest to create actual products. QE has been a failure
154.
by NTDF9 7y ago
I can't be the only one noticing so much noise about China in American media. Is America really so scared of being number 2?
155.
by NTDF9 7y ago
>> I think this doesn't quite jive with human nature. People have a naturally strong drive to build something and give to their kids. Sure. Give something. But let a huge percentage of it be returned back to the society you got i
156.
by NTDF9 7y ago
Yes. Government is required but needs to be not influenced by money, by law. Taking money in any form needs to be an arrest-able offense. Do you really really really think that a bunch of billionaires will self correct themselves?
157.
by NTDF9 7y ago
- By letting big businesses fail - By letting stock prices fall for stagnation and mistakes - By not making regulations such as the one posted, allowing competition to thrive - By putting in penalties on executives who presided over fraud,
158.
by NTDF9 7y ago
Money, votes, influence in local businesses, college admission for their kids, trust funds. America is more corrupt than one thinks
159.
by NTDF9 7y ago
> Then are we kidding ourselves that capitalism is our best shot at a social system? No you are kidding yourself if you think America is fair capitalism. It's closer to crony capitalism or welfare for the rich/private businesse
160.
by NTDF9 7y ago
What does that trend line look for top 1%?
161.
by NTDF9 7y ago
Phew. It only took pumping some trillions into the pockets(assets) of multimillionaires to finally trickle down to 1973 levels.
162.
by NTDF9 7y ago
That was back when US immigration and state departments were sane. Imagine applying and going through those hassles today.
163.
by NTDF9 7y ago
I can't believe this isn't obvious to most people. Equitable (not the same as equal) distribution of resources allows people to invest in their society, community, neighborhood, state, country and the world. If I were disenfranchi
164.
US refused his visa eight times, now zoom CEO is a billionaire(bloomberg.com)
2 points by NTDF9 7y ago|0 comments
165.
by NTDF9 7y ago
It's a logistics/risk balancing/new demand move. 1. Logistics: Cheaper to ship to rich Middle east and maybe even Europe 2. Risk balancing: With uncertainty at political levels about tariffs and trade rules, it makes sense to
166.
by NTDF9 8y ago
If so much negligence happened in any other country, that countries currency would be fcuked. But America has privileges and unfortunately, time and again, those have been abused. The only and only thing stopping this Trainwreck from collap
167.
How to Make a Country Rich(youtube.com)
5 points by NTDF9 8y ago|1 comments
168.
by NTDF9 8y ago
>> It's not now? You are kidding right? The only city in US that even compares to world class cities (London, Tokyo, Singapore, Hong Kong, Sydney even Shanghai, Paris) is NYC. SF is beautiful and amazing in its own right but worl
169.
by NTDF9 8y ago
>> Individual US tax payers pay for most of the world's security. Security from? Also, do you know that, in exchange, the rest of the world accepts US dollars as reserve currency?
170.
by NTDF9 8y ago
Happens when you have kids. Especially when they are < 5 yrs or > 13
171.
by NTDF9 8y ago
Let's just say something breaks and we're in a recession (declining GDP, declining immigrants, declining production, declining population). What happens then?
172.
by NTDF9 8y ago
Well looks like YC is stepping up their game to get a bite of the future.
173.
by NTDF9 8y ago
> Are there any park-n-rides in the areas that are a long commute from city centers? There are two train lines, Caltrain and Bart. Both have park and ride in stations outside city limits. For people working in the city, they would park i
174.
by NTDF9 8y ago
Living in the bay area was good as long as you were single with no stuff, no attachments, no desire to run home to your spouse/kids. It's very easy to live with roommates who you don't care about. As soon as those come in, th
175.
by NTDF9 8y ago
> Changing interest rates doesn't change the money supply. It does by discouraging creation of new money by way of loans. The uneven distribution of money is because of an unbalanced wealth creation system. Money trickles down from
176.
by NTDF9 8y ago
> This sort of thing is why I've started to wonder if employment rate is really all that meaningful as a general socioeconomic index. It is what it is, of course, but I'm not sure it's use as a proxy for well-being is real
177.
by NTDF9 8y ago
The rich got richer after the financial crisis and have nowhere else to invest. Classic example of massive misallocation of resources.
178.
by NTDF9 8y ago
Indian numbers could be fudged, but is out in the bare for financial firms, banks and bond holders to examine. And yes, India's GDP is probably higher because of the gigantic informal economy. People are richer than their tax documents
179.
by NTDF9 8y ago
>> I’m curious just how messy those wires were in 1960’s China. Sounds like they weren’t a huge investment and could be scrapped when it was time to actually build something. During electrification of America, American cities were tin
180.
by NTDF9 8y ago
China did have ailing infrastructure. Entire cities with no bathrooms, no drainage systems, no solid roads, no road stripes, messy wires for electricity delivery. The only difference is that the govt there can do whatever they want and they

More ›