President Joe Biden
Right now, we need VP Biden, we need him to step down and drop out so Bernie sanders can save this country from this global crisis just like FDR.
A thread to debate the efficacy of a Joe Biden Presidency in the midst of a global pandemic and impending Great Recession/Depression.
Where is Joe Biden? Can he beat Trump and is he even trying to? What would a Joe Biden Presidency look like in these times? Where is he and why isn't he leading?
Montrealcorp, there is something here you're not getting. Maybe it's lost in translation.
People are greedy. They have always been greedy. They will always be greedy.
Nothing that has ever changed about the world can be blamed on an increase in greed.
"Now u tell me what happen the last 4 years is on trend of what happened previously ?"
I cannot tell you what happened B in the last 4 years to change that trend.
What I can tell you is that the reason why it changed was not greed.
Montrealcorp, there is something here you're not getting. Maybe it's lost in translation.
People are greedy. They have always been greedy. They will always be greedy.
Nothing that has ever changed about the world can be blamed on an increase in greed.
"Now u tell me what happen the last 4 years is on trend of what happened previously ?"
I cannot tell you what happened B in the last 4 years to change that trend.
What I can tell you is that the reason why it changed was not greed.
People are greedy by nature so when they reached an all time high in the last 100+ years doesnt means they are more greedy ?
i guess u see no distinction between a killer and a serial killer either...
a person that got caught once or twice driving drunk and someone else getting caught 15-20 times.
if i drink 1 glass of beer per day im an alcoholic like the guys who drink 20 beers a day because we both like beers ?
ps: we are talking about corporations not people.
the distinction of how an economy works changes based on that.
Corporations have also always been greedy. You're not showing they have gotten greedier, you're showing they made more money. Those are not the same things.
Corporations have also always been greedy. You're not showing they have gotten greedier, you're showing they made more money. Those are not the same things.
ho boy.
ok lets try this.
stocks always go up on the long term right ?
so no period of bubble or excess greed ever exist in the stock market because stock usually go higher is what you are saying ?
ho boy.
ok lets try this.
stocks always go up on the long term right ?
so no period of bubble or excess greed ever exist in the stock market because stock usually go higher is what you are saying ?
He is saying that companies have always been and will always be "infinitely greedy", i.e. try to make as much money as possible, so how much money they are successful in making is controlled by other factors.
If the desire for money translated directly into money, there would be no unsuccessful companies or poor people.
I'm intrigued by the concept of "excess greed". How much greed is just the right amount? Do we need Goldilocks to figure it out?
I'm intrigued by the concept of "excess greed". How much greed is just the right amount? Do we need Goldilocks to figure it out?
https://en.macromicro.me/collections/34/...
if i bluff 1% because i am a nit or i bluff 80% because i am a maniac is there a distinction about bluffing ?
He is saying that companies have always been and will always be "infinitely greedy", i.e. try to make as much money as possible, so how much money they are successful in making is controlled by other factors.
If the desire for money translated directly into money, there would be no unsuccessful companies or poor people.
Ah ok i see .
Well I’m Pretty sure ceo doing fraud is a bit more greedy than those not doing it huh ?
Seem to me level of greed can exist .
I'm intrigued by the concept of "excess greed". How much greed is just the right amount? Do we need Goldilocks to figure it out?
Let’s phrase it differently ?
Do u believe there is a distinction between investing in a long term sustainable way and investing to maximes profits in the short terms without any long term view ?
What factors would make a distinction In both of them ?
Isn’t level of greed a factor for differentiating the 2 ?
Ah ok i see .
Well I’m Pretty sure ceo doing fraud is a bit more greedy than those not doing it huh ?
Seem to me level of greed can exist .
I guess so. I'm not taking a view, you guys were talking past each other so I was just helping bridge the gap. Intuitively I'd probably be tempted to agree with chillrob, but you also have a point regarding maximising short vs. long term profits and acting ethically vs. unethically.
Stop wasting your time trying to explain to Montreal that people have always been greedy. He will never understand that corporate profits increasing does not equal an increase in greed.
There could be hundreds of reasons for an increase of corporate profits and advances in technology being probably the biggest one: the invention of the printing press allowed a book maker to make x amount of more books a day than before so he could by way more profitable, the invention of multi-use rockets saves companies a lot of money making them more profitable, personal computers and smart phones both made companies more profitable, etc. These advances aren’t unique to modern times either.
Stop wasting your time trying to explain to Montreal that people have always been greedy. He will never understand that corporate profits increasing does not equal an increase in greed.
There could be hundreds of reasons for an increase of corporate profits and advances in technology being probably the biggest one: the invention of the printing press allowed a book maker to make x amount of more books a day than before so he could by way more profitable, the invention of multi-use rockets saves
Mickey, tell us the one about how if a pencil company pays less in corporation taxes then their cost of making pencils goes down again. That one gets me every time.
Stop wasting your time trying to explain to Montreal that people have always been greedy. He will never understand that corporate profits increasing does not equal an increase in greed.
There could be hundreds of reasons for an increase of corporate profits and advances in technology being probably the biggest one: the invention of the printing press allowed a book maker to make x amount of more books a day than before so he could by way more profitable, the invention of multi-use rockets saves
There is a distinction between having corporations increasing their revenues line and where corporations reaching all time high in market share profitability from the economy .
Corporations today are far above historical trend on how much money they should get from the economy .
The party will end through reversion of the mean soon enough and then I wonder what baham will say why the stock market crashed ….
Stop wasting your time trying to explain to Montreal that people have always been greedy. He will never understand that corporate profits increasing does not equal an increase in greed.
There could be hundreds of reasons for an increase of corporate profits and advances in technology being probably the biggest one: the invention of the printing press allowed a book maker to make x amount of more books a day than before so he could by way more profitable, the invention of multi-use rockets saves
Mostly I agree w this
twitter community notes had to correct that NYpost edited video of biden and the paratrooper.
but yet it was a grave sin for real media outlets to slow a different NYpost lie story. it's more like almost all the NYpost stories should be slowed to authenticate them.
gee i wonder what the actual truth is
spoiler alert: Biden having no f'in clue
There is a distinction between having corporations increasing their revenues line and where corporations reaching all time high in market share profitability from the economy .
Corporations today are far above historical trend on how much money they should get from the economy .
The party will end through reversion of the mean soon enough and then I wonder what baham will say why the stock market crashed ….
This is correct and it’s amazing that there isn’t more chatter about the trend. I guess there is a sense among the 1% or whatever just to get while the getting is good.
Mickey, tell us the one about how if a pencil company pays less in corporation taxes then their cost of making pencils goes down again. That one gets me every time.
I think it is pretty straight forward. The companies they buy the lead from sell them the lead cheaper because their costs are down because taxes are lower. Since every pencil companies costs go down because of lower taxes they then charge less per pencil. Pretty simple stuff.
There is a distinction between having corporations increasing their revenues line and where corporations reaching all time high in market share profitability from the economy .
Corporations today are far above historical trend on how much money they should get from the economy .
The party will end through reversion of the mean soon enough and then I wonder what baham will say why the stock market crashed ….
Can you explain what you mean by”market profitability from the economy”. Also what do you mean when you say companies are above the trend on how much they should get from the economy.
