You really don't want to know.... As Kylneth famously told me: "Don't be concerned at your State, dismay is the province and right of all True Alchemists". He left out that it - like intelligence - increases only with age. He was right - again.
You really don't want to know.... As Kylneth famously told me: "Don't be concerned at your State, dismay is the province and right of all True Alchemists". He left out that it - like intelligence - increases only with age. He was right - again.
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Latest Comments
Productivity, Robots, China, Growth
Hey Mish,
Excellent view - but what are the prospects?
You know and I know the looming Tsunami, but isn't anyone anywhere going to come up with a solution - we really do know the problem, don't we?
Just realised my post below is only restating the problems, too.
Productivity, Robots, China, Growth
The "Elephant in the room" is growing. Fast.
When I was very young, I had an answer for everything in Business.
Now I have none.
Even other old fossils like me left over from the pre 2000's have no ideas either.
We all knew how to calculate simple things like Stock Values, R.O.I. potential, how to check the fake/inflated profits, but THEY WERE THERE.
We simply discounted every claim made by 75% and if it was better than bank interest.....
Now there is virtually no profit.
Manufacturing "edge" is non-existent. Like Patent Protection - is non-existent.
Now we no longer create buyers. WE eliminate them at the source.
HINT: Robots do not buy toys, cars, or anything.
The only thing they consume is consumers.........................
We really do need some answers - fast!
AS China fades out of the scene, the biggest source of everything "nice" is vanishing, they can't solve this dilemma either.
THey will have the world's biggest Real EState collapse any moment now.
What will that alone do to the world's expectancy of "China's recovery any time now, yeh, real soon"?