At least one college professor had nothing good to say about the majority of the Keynesian theology. While some of the terms and expressions sound good and make sense,a fair amount of the basic premise does seem rather defective, to put it politely.
So the article carries some good insights.
And the common means for evaluating theories is how well they agree with what actually happens.
All of the gambling businesses, regardless of how "legal" they may be based on local laws, tend to have the aura of corruption surrounding them, at least as I see it. Others can say it is good business, and certainly it can be profitable. But that does not make it honorable.
One thing is certain is that the Chinese government is quite willing to take on those who it believes to be doing wrong. AND there are a lot of very smart folks in the higher Chinese government.
This would not be the first time in history that a bunch of "experts" have been fooled or otherwise mislead into incorrect pronouncements, with the result that the wrong people gained a large benefit.
So will things be held together or will they fall apart? And if things fall apart, will any lessons be learned? It is certainly unhappy to see those in a position to solve a problem instead take actions that did not work the previous thirty times, or so. The only way to benefit from failure is to learn from it, and the only way to avoid repeating failure is to not make the same errors again. Surely others should see that also, it can not be that all others are unseeing, can it?
Quite interesting indeed. But it is puzzling as to what creates the trust that allows folks to invest in a nebulous entity.At least that is how I see it.
"Having the potential" is not the same as completing the act, And certainly there is no potential so wonderful that it can't be mismanaged towards a disaster. Just consider the USA economy with regard to debt. So a question as to just how much thei new scheme is going to alter the real estate, travel, and retail industry will certainly be an interesting show.
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Why Money Matters
At least one college professor had nothing good to say about the majority of the Keynesian theology. While some of the terms and expressions sound good and make sense,a fair amount of the basic premise does seem rather defective, to put it politely. So the article carries some good insights. And the common means for evaluating theories is how well they agree with what actually happens.
DraftKings, Airbnb, And The Future Of IPOs
All of the gambling businesses, regardless of how "legal" they may be based on local laws, tend to have the aura of corruption surrounding them, at least as I see it. Others can say it is good business, and certainly it can be profitable. But that does not make it honorable.
Chinese Seize Over $4 Billion In Cryptoassets
One thing is certain is that the Chinese government is quite willing to take on those who it believes to be doing wrong. AND there are a lot of very smart folks in the higher Chinese government.
Guggenheim To Invest Up To $530 Million In Bitcoin After Roubini Twitter Meltdown
This would not be the first time in history that a bunch of "experts" have been fooled or otherwise mislead into incorrect pronouncements, with the result that the wrong people gained a large benefit.
Tesla Might Have 'wider Beta' In Two Weeks, Elon Musk Says
Just wait until the product liability lawsuits start coming in, as it is not likely that the software will be adequate for a long time.
UK To Approve Pfizer-BioNTech Vaccine 'Within Days,' Secures 2M More Doses From Moderna
The challenge will still be in the logistics of administering the vaccine. The benefits may be real but not nearly as fast as we hope.
US Stock Market Weekly Review Nov. 23 - 27, 2020
We see that a lot of things are looking a little bit better. That certainly beats looking a bit worse.
Risk Ratios: An Early Indication Of A Short Squeeze
It appears that a fair amount of insight and experience is required to see these clues as to what comes next. Much more insight than math.
Will Markets Hold It Together Till Year End?
So will things be held together or will they fall apart? And if things fall apart, will any lessons be learned? It is certainly unhappy to see those in a position to solve a problem instead take actions that did not work the previous thirty times, or so. The only way to benefit from failure is to learn from it, and the only way to avoid repeating failure is to not make the same errors again. Surely others should see that also, it can not be that all others are unseeing, can it?
DraftKings, Airbnb, And The Future Of IPOs
Quite interesting indeed. But it is puzzling as to what creates the trust that allows folks to invest in a nebulous entity.At least that is how I see it.
"Having the potential" is not the same as completing the act, And certainly there is no potential so wonderful that it can't be mismanaged towards a disaster. Just consider the USA economy with regard to debt. So a question as to just how much thei new scheme is going to alter the real estate, travel, and retail industry will certainly be an interesting show.