Jim Mosquera - Comments
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Uber, Taxis And The Omnibubble
5 years ago

Wendell,

The purpose of the article was to show how expansive the Omnibubble can be, in this case, even in the world of taxis. My sense is there are some who don't know that a medallion is required (certainly not at $1M) to operate a cab. Those that don't know would question why someone would spend such amounts to operate a cab. That's the rational response, which is why bubbles form in the first place — those that aren't in the bubble (outside of NYC cabbies) aren't part of that herding.

Also, in the article I said, "I'm not claiming first use of this term though I've been consistent in its usage in many posts and articles since September 2018."

Thanks for your commentary!

Medicare For All. Can It Work?
5 years ago

Thank you!

Income Inequality May Resolve Itself
8 years ago

I have other data on wealth inequality with a similar pattern.

Toto, We're Not In Kansas Any More
8 years ago

Hi Gary, thanks for the comment. Like Rasputin, the subprime is returning. Apparently there are special programs with 3% with Fannie taking on the risk. I pen articles for Seeking Alpha as well. I hope the TalkMarkets platform is successful.

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