"Managers" cannot acquire and 'manage' businesses without capital, something that Americans have very little of since they refuse to actually...
...yet our most educated can't afford to go on cruises, and can't afford homes, or any sort of 'luxuries' because they're perpetually on $25k/year...
Most US engineers are unemployed or underemployed anyways, with salaries that do not even provide a ROI on investment in education. Why go...
God (Allah, Buddha, etc.) help us if this so-called 'top talent' goes into something other than banking. Last thing we need collectively is for...
"top talent" doesn't nearly drive firms, like GS, into bankruptcy. Stuffing cash in one's mattress created more value than the boys over at GS,...
Yeah GOOG produces *nothing* of value. They produce nothing's exportable. They derive practically no income from outside the United States....
I'd disagree. Most of those tech companies were producing products, or services that resulted in lasting wealth. Whereas, with the banks, most...
The rally might last, but in vastly depreciated dollars, of course.
Techies can sell you 10 hard drives and charge for more than 10, if they're integrated into a nice package with a RAID controller.. :) And at...
Yeah, no kidding, any dumbshit can write loans and collect spreads. It takes real talent to work in the tech industry and produce a usable...
It runs much deeper than that. Basically most R&D in the tech industry stopped after 2000. There is nothing left in the pipeline. Around...
Pushing up stock values permits companies to raise equity funding to perform exactly the sort of business and infrastructure renewal that you talk...
Yeah why own a company with a fundamentally flawed business model? Can't imagine 'earnings' would be any good...
The great decoupling has begun. Economies that are based on 'fluff', like the UK, will continue to see declining stock markets and declining...
Sure stocks can soar, but will the purchasing power in physical goods and services increase with your soaring stocks?
Oh boy... Public lending to private sector organizations that have consistently shown a pattern of destruction of capital? This can't end well...
Just buy a SPY index fund and hold it. As the recent episode has shown, even 2X leverage is by no means safe over the long term. You'll...
If the unemployment were limited strictly to bankers, mortgage brokers, used investment salespeople ('brokers' and 'financial advisors'), used...
Oh really? That's why they're digging up my backyard and the rest of Northern Canada as we speak, just to satisfy the whims of hedge funds?...
Why do you think there's a downtrend ahead? What are you using to measure a downtrend, the USD$ value of stocks? Gold? Barrels of oil? Dollars...
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