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As long exporter nations want to swap their real assets with digits (US dollars), US is solvent.

When PE has taken over trades, it still is a good option to become a quality tradesman, who can start his own business. Quality = higher premium, high end.

If you are looking for your next job, just consider that your future employers will read your blog and your comments here. Since you consider yourself as a CEO type, you are fine, …

RICO statues are slapped against a specific set of people: Mafia. Without RICO, you can't just percolate up the culpability to the CEO without a solid proof. The issue here: laws, …

The issue is who should one prove the culpability to? As long as the board of directors agree that CEO earned the credit for all things good, he/she will get a fat bonus. For culpa…

That requires a change in criminal law, with an exception of RICO. However, the DOJ will not use RICO against the elite class, as ex-prosecutors end up working for the same elite t…

If a business is a two person shop, it is very easy to prove the culpability of a CEO. However, in a large corporation, it is very hard to prove the culpability of a CEO, as too ma…

Reduce the cost of living accordingly. If people make $500K per annum, average 1000 sq ft home goes for $2M.

Yes, 99 percent of reviews are paid directly or indirectly. Mattress reviews are the worst offenders, as they are paid by mattress companies.

Nobel Laureate in Chemistry Omar M. Yaghi joins Tsinghua University full-time https://www.tsinghua.edu.cn/en/info/1244/14984.htm

It is like consulting/offshoring business: one competent person, with 10 underlings who can add 80 billable hours a day. That's what happened to trades too: one really competent wi…

It is called sycophancy. That's how the powerful and the wealthy are enabled by underlings.

At least people stop shorting SpaceX on fundamentals. Shorting just increases the momentum.

Government has a monopoly on violence. It is just that the developed world hasn't seen the abuses perpetrated by the enforcers of the government.

I'd love to see the cost of living go down. Unemployment raises fast; the cost of living goes down very slow, and it will take a few generations. That's why the underclass will go …

Nvidia needs to keep the hype train going, by throwing darts in every possible direction.

As long as they can cash out from these investments by dumping on others, they are safe.

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US workers are left with almost no systemic power to fight corporate exploitation, which creates a brutal race to the bottom. That's the structural context I was pointing out. But …

There are many ways to fix snoring: (a) if one is overweight, losing weight helps (b) Adjustable bed bases help (c) check with a sleep medicine provider to check for sleep apnea an…

Indian bureaucracy exists to enrich themselves for their next ten generations. The bureaucracy itself promotes, recruits incompetents. There is no way to reform such a bureaucracy.…

https://web.archive.org/web/20240507013554/https://web.cs.uc...

Why not both? It is a feedback loop. When the US allowed railroad/mine workers from China, it is true that Chinese labor wanted a better future and that capitalists want to use Chi…

Thanks to Indian constitution and other laws, incompetence is heavily praised and promoted. Go to any public high/elementary schools, go to any private colleges, it is rampant. It …