jpadkins

73 ms·

841.
by jpadkins 16y ago
> not just moving it from one place to another at a loss. By definition, unprofitable ventures will run out of capital and stop without government intervention. > There seems to be a common misconception that free markets will arise
842.
by jpadkins 16y ago
Can you give examples of natural monopolies? The only ones I can think of government granted (including US broadband, because of the local city/muni exclusive contracts purchased).
843.
by jpadkins 16y ago
Probably a better title would be "How we raised $250k of angel finance in twenty years" The point is they received funding from friends and established contacts. My guess is it would have been much longer than four days if they didn't have
844.
by jpadkins 16y ago
Interesting. I thought it would come from the international B2B space, not consumer. Facebook credits is very interesting, thanks!
845.
by jpadkins 16y ago
So the answer is to keep the corrupt system going as long as possible? I think a collapse of the USA could be the best thing for ordinary US citizens in 10 years.
846.
by jpadkins 16y ago
loans and swaps on toxic assets are essentially handouts. The real market value was probably less than 10% of the collateral price. A different way to show it was a handout: What if the Federal Reserve gave out loans to all Americans with u
847.
by jpadkins 16y ago
This could be a good opportunity for a new international credit and currency system. I think an open standard, private sector based currency has a better chance than the G20 agreeing on a new reserve currency (nobody wants to anoint the ne