William K. - Comments

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Good News And Bad
4 years ago

I had a similar incident with my wallet a few years ago, it vanished in the crowd in Home Depot store, and was found, missing every bit of $250, a week later in a Meijers store that I never visit. And no attempts with the credit cards, partly because I stopped them just two hours after the incident.

Interesting news about the ups and downs of companies, and it is always a puzzle about Bitcoin which to me still seems a bit subversive from where I stand.

Canada Shifts Its Strategy To Finance COVID-Induced Deficits
4 years ago

Certainly the increasing debt must be considered, mostly relative to who gets how much benefit from that debt. And the presumption that the reduced interest rate will never change is not what I would call wise. No matter what, things can change for the worse. Certainly the scars from this pandemic will linger long, even if it ended today. The repeated waves of infection certainly show that the solution and salvation are not yet on the horizon, even. Given the continuation of the strings of poor choices the playing out of this pandemic, or plague, will leave those remaining in a rather different world..

Plenty Of News
4 years ago

Thanks for a condensed news package covering quite a bit.

5G and the internet of every little thing is a concept that will smother many areas in an electic smog that will impede all communications. And the really bad part about it is the lack of any efficient way to undo the damage that it brings.

December Monthly
4 years ago

Quite a thorough report covering a wide area.

TalkMarkets Tuesday Talk: Post-Thanksgiving Reality Check
4 years ago

Very interesting indeed, albeit rather depressing. As for inflation, my gripe is that it destroys the value of my own assets for the benefit of the stock market crowd. Inflation benefits them because it reduces the value of the dollars that they owe. so it becomes an issue of who gets hurt, and who can help us.

and the table demonstrating that inflation is happening right now is rather disturbing also.

As for different systems "being optimized for failure", it does not really appear that they are optimized for anything. The appearance is far more that it is one group considering only their friends and not having any concern for the others. Or it may just be a failure to consider the secondary consequences of most actions.

The unfortunate part is that I see nothing to challenge or dispute. Times are not that good presently, and the course does not seem to be pointed in the right direction. So it is not as encouraging as some tout it to be.

5 New Superstars
4 years ago

I see plots of some data showing a consistent rise. Interesting, I suppose, but I do question the lack of any statements of conclusion. Data does not always speak cohernetly for itself.

In this article: MRNA, CRSP, CHWY, NET, BNTX
BofA's Takeaways On Nio's 2021 Plans
4 years ago

It will be very interesting to see how the NIO business plan works out in China, especially the battery swap portion of it. I see quite a few issues in the basic concept, and I predict a stumble and fall of the whole battery swap concept.

But that is based on my observations of how rentals work in the USA, and China is vastly different.

In this article: NIO
How Does The Australian Financial System Look?
4 years ago

Interesting and certainly very educational. So it seems that Australia runs on taxes.It is not clear to me what total portion of one's income would go towards taxes, though.

That proportion would have a fair effect on the desirability of living in a given country, at least for me it would have a large effect.

The hope would always be, then, for governmental leaders to be very wise and totally honest, and not the slightest bit greedy.

I am aware that in some countries the overall tax rate seems to be about 89% of one's income, though.

Kenya Resumes Its Economy Amid Growing Cases
4 years ago

In some countries it seems that the government policies favor the friends of the government far more than the health of the citizens, I regard that as unfortunate for the humans.

Why Money Matters
4 years ago

I had a college professor who had nothing good to say about the Keynesian theology. Some of the terms sound good and make sense, but the basic premise seems defective.

Of course the proof of any theory lies in how well it correlates with actual events and happenings.

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