hogFeast

15 ms·

61.
by hogFeast 5y ago
It explicitly criticises the inability of the economy to create enough jobs. It says that Marx was correct about capitalism (btw, contrary to what people think, this is a fairly common view amongst conservatives who tend to be well-read eno
62.
by hogFeast 5y ago
You should have read to the end...you also probably should have actually read more about what conservatives think, rather than what people who aren't conservatives say conservatives think.
63.
by hogFeast 5y ago
The point isn't that McKinsey is solely to blame but that a hugely powerful consultancy firm that expounds upon their higher morals at any opportunity was recommending something that was, at the very least, morally bankrupt (and btw, i
64.
by hogFeast 5y ago
Saying that management bought at prices higher than model is not the same thing as saying they bought houses expecting to lose money. All that was said was that management increased the prices they would pay and changed the model so they co
65.
by hogFeast 5y ago
Seriously? Berlin's tower blocks are the favelas of the developed world. Also, the reason why Berlin hasn't had the same pressure is because it is one of the few cities in the developed world that has actually shrunk over a multi-
66.
by hogFeast 5y ago
They didn't eliminate their fees (fee is the wrong term to use). Their model was built, maybe this changed, on being within 200bps of breakeven. Obviously, they only bought when the model would say: this will make money. Or are you say
67.
by hogFeast 5y ago
I am not sure what your point is about intention. Institutional and systemic causes of what? You are extremely non-specific about what your actual argument is, you just say repeatedly how in vogue it is and that people intend things differe
68.
by hogFeast 5y ago
Cognitive distortions are explicitly defined as a thinking pattern that occurs regardless of reality...that is why it is a distortion. Referring to a specific example makes no sense because it is a pattern of thought. Referring to reality m
69.
by hogFeast 5y ago
It takes an extraordinary level of ignorance about basic elements of how business works (which I am sure the investors in this company have in spades) to think this makes sense. In order for someone to make money for something, there has to
70.
by hogFeast 5y ago
Saying that a non-dividend stock is a Ponzi is like saying a private business that doesn't pay dividends is a Ponzi...it misunderstands how a company works at a fundamental level.
71.
by hogFeast 5y ago
I am baffled how this makes sense to you. You are complaining about the State Department censoring news but imply that the CCP which literally controls all information isn't as bad? Again, you realise that the US being as bad as China
72.
by hogFeast 5y ago
Again, the doublethink is amazing. My point is precisely that people in democracies are not forced to trust the govt. They don't have to trust the media, they are totally free. The only context in which your logic makes sense is one in
73.
by hogFeast 5y ago
The reason why it has spread is American retailers, particularly Amazon, entering international markets. In the US, Black Friday is the busiest shopping day of the year so American retailers discounted on that day. As they went into other c
74.
by hogFeast 5y ago
Suffering for people who have never suffered. This comes up on here again and again (the last one was why rich people do triathlons). People who have done well in life need to justify themselves with some organised (and usually artificial)
75.
by hogFeast 5y ago
The West's propaganda is just as clumsy, civil servants everywhere are far removed from real people (the stuff the US used in Iraq/Afghanistan is comic, I believe they are used leaflets drops in Syria too...you could also include
76.
by hogFeast 5y ago
A distinction that the CCP is clear to confuse. I believe his wife is Chinese, he lived in the country for a long time and his videos clearly show that he has no real problem with the Chinese people (if you had a problem with Chinese people
77.
by hogFeast 5y ago
It is truly bizarre to me that someone who is taking a very pro-CCP stance will justify this with reference to propaganda that other nations create...it is really something. Every nation creates propaganda, every nation does not have media
78.
by hogFeast 5y ago
Johnson, Eton. Cameron, Eton. Douglas-Home, Eton. Macmillan, Eton. Eden, Eton. I am not sure what you are trying to prove to yourself. You are grasping as straws trying to prove that Blair, who went to fee-paying schools was actually a work
79.
by hogFeast 5y ago
Yes, despite what I said, I don't think comps have been the answer. Bullying is rife, the stats on sexual abuse of girls in UK schools is unbelievable (one of the highest in the world, bullying is only as high in Europe in Finland anot
80.
by hogFeast 5y ago
That is because no-one in the US could possibly conceive of a system in which college wasn't the thing that separates people. But if you are a Brit, you understand that almost all of the people you name went to the same high school and
81.
by hogFeast 5y ago
Barclays is largely US after the LEH acquisition, and is run terribly (and largely by Americans). Lloyds isn't an investment bank. Rothschild is a mid-market (and is actually a combination of British and French). Natwest Markets is par
82.
by hogFeast 5y ago
They also have substantial foreign assets that can be sold. The situation in Japan is very unusual because the financial system has a massive synthetic net short JPY position. Because rates are so low, savings have been effectively dollariz
83.
by hogFeast 5y ago
This is specifically not what this is. Banks in Japan have a central role in the economy so the govt has no wish to remove the ability of banks to create money (they are also have a lot of political power). The digital currency will be back
84.
by hogFeast 5y ago
Yes. Still a great uni but known more for the people who studied and went elsewhere than the people who stayed (in AI).
85.
by hogFeast 5y ago
It is everything. Customers too risk-averse, class boundaries still endemic (it is amazing the US tech companies went into this, Google/Facebook/etc. seem to have hired the Notting Hill set as soon as they came to London), compani
86.
by hogFeast 5y ago
The commercial culture in the UK is, generally, nothing like the US. You have companies with great products that refuse on principle to hire lots of salespeople. I actually can't think of a SaaS company that is as aggressive in investi
87.
by hogFeast 5y ago
The issue isn't pay itself but companies not knowing how to operate with higher wages (i.e. how to economise on labour usage) and not knowing how to deal with tight labour markets. In agriculture, you have farmers complaining about no
88.
by hogFeast 5y ago
I think some newspaper groups in the US had TV stations. I know some newspaper groups that own printing works have tried to sell those too. But, generally, no. The reason to buy newspapers is using the cash flow to turn around the business
89.
by hogFeast 5y ago
That guess is incorrect. And yes, as I explained but will repeat, strikes happen within a political/legal/cultural/economic context. In some contexts, that has increased the frequency of strikes. By your account, the proporti
90.
by hogFeast 5y ago
If you own a paper, and revenue starts dropping 10% YoY for multiple years then you are going to need to put in place changes to the business, finances, corporate structure that most people who owned newspapers do not want to do. In some ca

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