vijayr02

74 ms·

391.
by vijayr02 8y ago
Is that really the case? Let's say Amazon paid all salaries in cash. Also, for simplicity let's says employees view cash and stock compensation as perfect substitutes. Then the addition compensation has to be funded by Amazon - if
392.
by vijayr02 8y ago
bbl is market jargon for barrels, not billions of barrels...
393.
by vijayr02 8y ago
Wouldn't the larger driver be a potential fall in house prices?
394.
by vijayr02 8y ago
Yes, but that's a separate point isn't it? If the government spends every penny it taxes, that only moves purchasing power from one sector to another.
395.
by vijayr02 8y ago
Taxes don't cause people to have less money - they're purely a redistributive process
396.
by vijayr02 8y ago
Funnily enough I happened to read an O Henry story today that is exactly about this: http://www.bibliomania.com/0/5/221/714/17033/1/frameset.html As is usual with O Henry the sting is in the ta
397.
by vijayr02 8y ago
I don't read that? The quote says that taxes are not needed by a country that does not promise to convert its currency into gold etc. It says nothing about whether that country had issued debt outstanding or not.
398.
by vijayr02 8y ago
Check out Michael Pettis’s writings re China and its growth model. There’s a long and glorious tradition in SE Asia of squeezing domestic consumption to the benefit of investment and mercantilist policies. While this boosts growth, and has
399.
by vijayr02 8y ago
That’s not true if you have free movement of capital across the national border. Debt is a claim on future productivity of the nation, and if a necessary share of the national income is not being claimed through taxes to service the debt, c
400.
by vijayr02 8y ago
Parallels to 2008 and the personalities involved: https://en.m.wikipedia.org/wiki/John_Law_(economist)
401.
by vijayr02 8y ago
The question is not if they will become a Lehman, it's if they will become a GE
402.
by vijayr02 8y ago
The issue is that the tax system is a political/economic construct - so loopholes will take a very long time to be fixed. In the meantime, the white hat tax researchers have shown everyone else how to game the system.
403.
by vijayr02 8y ago
What about the variation where you're not a high profile target and you know it?
404.
by vijayr02 8y ago
Given the victim's name, Sherlock would be more appropriate
405.
by vijayr02 8y ago
Not OP, but I think the point being made is that his prior judgement on financial matters doesn't exactly inspire confidence. That said, I have some sympathy for any policy maker giving public statements in an overheated economy: the s
406.
by vijayr02 9y ago
Reminds me of how the Grauniad's negative review of the movie Legend was spun: https://www.theguardian.com/film/filmblog/2015/sep/09/legend...
407.
by vijayr02 9y ago
Or maybe... just maybe, an agency belatedly realised the "Defending Our Nation" part of its motto really means something.
408.
by vijayr02 9y ago
Don't forget the leverage they get from charging out juniors at high rates as well. Magic circle law firms could easily charge 500 pounds per hour for an associate and a significant part of that will go into the partners' kitty
409.
by vijayr02 9y ago
Let your boat of life be light, packed with only what you need - a homely home and simple pleasures, one or two friends, worth the name, someone to love and someone to love you, a cat, a dog, and a pipe or two, enough to eat and enough to w
410.
by vijayr02 9y ago
Assets - (External) Liabilities = Equity