NTDF9

26 ms·

241.
by NTDF9 8y ago
> Presumably the Saudi and Japanese softbank investors are hoping to extract an ipo profit. Greater fool theory?
242.
by NTDF9 8y ago
I hear you and that's the dire situation. Our whole economic system caters to stock owners while the vast majority of the population is not (and should not) be invested in that casino. But we (average citizens) vote to keep making the
243.
by NTDF9 8y ago
Do what other economic immigrants do. Move to a high growth country. At some point, a lot of us in the US will be asking: "Is a trillion dollars in interest payments every year, with social security cuts, medicare cuts, bad school fund
244.
by NTDF9 8y ago
"Your tax deficits at work" Reference: https://www.alamy.com/stock-photo/your-tax-dollars-at-work.h...
245.
by NTDF9 8y ago
I think we're going to hit economic recession sooner than we think simply because the US govt needs to borrow so much money to keep itself running. I have an idea. How about the politicians who voted for this deficit be on the hook for
246.
by NTDF9 8y ago
> I don't believe the situation you outline is the case in reality. Dollars are not, in a sense, "debt" to the Fed. But they are. The origin of fiat currency is exactly that. Historically, dollars were backed by something
247.
by NTDF9 8y ago
Thanks for the details again! The phrase "selling your soul" has a new meaning to it now :) > Normally this takes the form of buying Treasury Bonds back from the public This is the scary part though. The major way "new mon
248.
by NTDF9 8y ago
Walmart couldn't use Jet's technology in the US. What they want to do with FK is two-pronged: 1. Not lose, arguably, the second most important market in the world 2. Bring some of that web/app first executives in the fold and
249.
by NTDF9 8y ago
Very good explanation. Thank you! > Its easy to say "we should just get rid of debt", but the issue there is that we know debt works, when used well, even over the long run. Think about it: If I want to open a business, there&#
250.
by NTDF9 8y ago
The best explanation. Thank you. I wonder if there's a better way to do this though. Maybe letting lenders fail, arresting bankers for not pricing risks in loans and setting an example is a better way to set up the money supply? The bu
251.
by NTDF9 8y ago
Why can't the government do that with structural changes? What is the role of the money supplier?
252.
by NTDF9 8y ago
Does anyone know why the FED has to keep manipulating the supply of money? Let's say we have a very responsible government which taxes well, reinvests well in productive work, private markets that operate smoothly, why does the FED hav
253.
by NTDF9 8y ago
How is wage growth getting higher because of higher rates?
254.
by NTDF9 8y ago
> China and Japan both use far more cash than the USA. Cloud, especially cloud providers, is way more mature in the USA. Car sharing ditto. Try finding a car charging station at a Chinese supermarket parking lot like you’d find at Whole
255.
by NTDF9 8y ago
Singapore, Tokyo and Seoul comes to mind. But other major asian cities like Shanghai, Shenzhen, Taipei, HongKong, Kuala Lumpur all have 70% or more of those. You'll find some of those even in Vietnam, Thailand and India.
256.
by NTDF9 8y ago
I personally am ok with silicon valleyesque hubs coming up around the world. But what's really surprising is the speed. The reason? The best markets and the best people are not coming here anymore. Sometimes when I go to Asian countrie
257.
by NTDF9 8y ago
I think it is more unsustainable to build infrastructure for small towns sized 7000. We should want more consolidation so as to spend less on infrastructure creation and maintenance. 7000 is too small.
258.
by NTDF9 8y ago
> Her passport and cell phone had been confiscated; her husband and children had no idea where she was. Sandoval begged to be released. “I was shaking and I was in tears,” she told me. This is happening to citizens. Imagine being an actu
259.
by NTDF9 8y ago
The biggest trick that the FED has pulled is that it convinced the world that inflation is at 2% yoy. What a disgraceful joke! Had they been real about the inflation, the interest rates on savings would've been higher. Sure, it would c
260.
by NTDF9 8y ago
> Her company screwed up her Green Card. So she couldn’t extend her H1 beyond 6 years. She had to move to H4 too What was the screw up?
261.
by NTDF9 8y ago
> It is clear that the driver to higher rates are endless and large deficits in the dollar, which going to lead to printing more dollars That only happens for the 2 yr fed fund rate. When the FED sees a sudden spike up or down in 2-yr ra
262.
by NTDF9 8y ago
> I'm not sure that's true. Availability of VC capital is a tricky thing. There's some in Canada but only seems to be in small pockets. But that is the reality TODAY based on the talent pool accumulated YESTERDAY. For othe
263.
by NTDF9 8y ago
> Why would salaries increase? If anything, they would drop due to increased supply. As paradoxical as it might sound, competition attracts more and more work and raises wages for top talent. That's why SV has high salaries for engi
264.
by NTDF9 8y ago
I don't think US realizes that Canada and Australia are actively poaching talent. These guys work there for a couple of years, some of them start startups, businesses. They hire other top people (both local and talented immigrants). Th
265.
by NTDF9 8y ago
> As an Amazon employee, I really hope this factors in highly in the HQ2 decision. Seems like a natural hedge against anti-tech, anti-modern US establishment.
266.
by NTDF9 8y ago
More importantly, with more and more talent present in Canada, more and more startup funding will move there.
267.
by NTDF9 8y ago
> I don’t know what that means, can you elaborate? A political move where some external country is portrayed as doing something against American interests, without any proof, only to serve a political agenda by lying to their own populac
268.
by NTDF9 8y ago
Who else thinks this is another Vietnam, Gaddafi, Saddam Hussein moment?
269.
by NTDF9 8y ago
Wow. What a crazy system. It is so so easy to manipulate this with fiscal policy.
270.
by NTDF9 8y ago
It seems to be that a currency is a commodity that most countries have to earn in order to use it. A better way to look at this is let's imagine a world where copper was currency. Today, US copper has the following characteristics: - M

More ›