tharmas

20 ms·

331.
by tharmas 2y ago
It's attitudes like this why the UK is the way it is today. Shame on you.
332.
by tharmas 2y ago
Its mostly Domestic owned debt. Very little foreign debt.
333.
by tharmas 2y ago
A big problem i see is how people are taxed. Not enough tax is collected on asset accumulation and too much is collected productive activities. And look at the madness of housing benefit. The taxpayer tops up a low income person's ren
334.
by tharmas 2y ago
Have you tried Lutein?
335.
by tharmas 2y ago
Or Neoliberalism. Trickle down economics. How rich are the rich now compared to the 1960s?
336.
by tharmas 2y ago
My bad. I wasn't clear on how I define "speculation". When i use the term "speculation" i refer to things like buying up assets such as housing to extract more wealth from those assets or even to help drive the pric
337.
by tharmas 2y ago
Are startups not "productive activities"? I said to REDUCE taxes on productive activities which in my definition includes Startups. Perhaps my definitions of "speculation" and "productive activities" go against
338.
by tharmas 2y ago
Tax speculation not productive activity. Tax asset accumulation.
339.
by tharmas 2y ago
What about LOWERING taxes on productive activities (e.g. making things) and RAISING taxes on asset acquisition (e.g. buying up real-estate, land)? And no more QE for asset acquisition, only for productive activities.
340.
by tharmas 2y ago
Heavily tax speculation and heavily reduce taxes on productive activities.
341.
by tharmas 2y ago
Absolutely agree with this. I haven't read the book: https://academic.oup.com/book/32913/chapter-abstract/2768518... Here is the Abstract CHAPTER 5 The Monopoly Enigma, the Reagan Administration's
342.
by tharmas 2y ago
Thanks for the links. I should have included AI in my Doomsday scenario. AI is very power hungry. Of course AI server farms will not be spread out the way electric charging stations are but will be more concentrated but I do know tech CEO&#
343.
by tharmas 2y ago
The tech behind Uber is fantastic. Its the way it was used that is nasty. Similarly with AirBnB. If AirBnB had restricted the use of its platform to people wanting to rent out a room in their house or their apartment it would have been much
344.
by tharmas 2y ago
It's not as black and white as that. The previous owners gave into pressure from the government to ban info about Hunter Biden's laptop. The previous owners had their own political bias which influenced what they censored.
345.
by tharmas 2y ago
I think if they were going to "mandate" what kind of engine to use it should have been the hybrid. This would've given the necessary time to build up the support infrastructure necessary for electric only vehicles. Along with
346.
by tharmas 2y ago
How about another problem: supply of electricity and then its price? For those of us who don't drive but use electricity, we are going to experience much higher prices of electricity when the masses are forced to drive electric cars. I
347.
by tharmas 2y ago
You could also have a look at this paper: "Utilising the Quantity Theory of Credit to Understand the Causes of the 2007 Financial Crisis" https://www.economicsnetwork.ac.uk/archive/starkey_banking2
348.
by tharmas 2y ago
It can be heavily skewed. The UK and Ireland are two examples. Ireland's GDP per capita is heavily skewed by the Big corporations that are registered there for low tax purposes. And the UK's GDP is heavily skewed by London's
349.
by tharmas 2y ago
Its the UK, minus London, that has a similar GPD per capita as Mississippi.
350.
by tharmas 2y ago
It can go into a few hands. UK is the 6th largest economy in the world. Yet if you factor out London, the rest of the country has a GDP per capita the equivalent of Mississippi, the poorest state in the USA. In short, UK has relatively high
351.
by tharmas 2y ago
Yes. Bernanke was a keen student of the Great Depression of the 1930s. He argued that a big part of that problem was the lack of money supply. So he did QE (a term coined by Prof Richard Werner, by the way). The only problem was too much of
352.
by tharmas 2y ago
Canada? How much of that land is habitable? I'd argue USA has more habitable land. Huge problem with housing costs in the Anglosphere is housing is an investment asset not a place to live. REITs. Over the last 15 years, maybe more, a m
353.
by tharmas 2y ago
It's off putting. It should say "please be respectful and polite toward one another".
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by tharmas 2y ago
Or its just intimidation like FBI raid on Scott Ritter.
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by tharmas 2y ago
Meanwhile Jihadists roam the streets stabbing people in the neck let in by Politicians the West needs people because of Demographics etc. Should those Politicians be held responsible for the actions of people they let in? Equal standards s
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by tharmas 2y ago
In Vancouver Canada supply was not the problem. When certain people raised the alarm about foreign buyers buying up the supply the charge of racism was trotted out to shut them up, even when the person raising the alarm was of the same race
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by tharmas 2y ago
Because housing is treated as an asset in the Anglosphere. Most of the money over the last 20 years has just gone into Asset purchases, little into in productive activities. Hence the asset price inflation.
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by tharmas 2y ago
Yes. Good post. In the English speaking world houses are a financial asset. In Singapore houses are homes to live in. No matter how many condos and houses you build they will be bought by speculators. A lot of the QE since 2008 went in buyi
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by tharmas 2y ago
Change ur first sentence from voters to Donors and i would agree with u. Govt funded medical care? That doesn't have public support?
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by tharmas 2y ago
I hope this is sarcasm.

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