81–90 of 165 posts
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So if the economy gets bad its the job of the US military to invade something to get their resources?
Yes. It's like clockwork. The US is coming due for another war soon.
Oh, wait...
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Not to get too bogged down with details, but this winter she is looking to change EMR systems. The current one is the most expensive/established EMR for her field. Rent is 12,000 dollars of expenses. EMR is almost trivial.
Vast majority of private practices are closing or being purchased by larger hospital systems.
Turns out that telling your patients to go to ER or a walk-in clinic every weekend/evening/holiday/illness/leave isn’t the best care.
And continuity of care if you retire/fall ill is rarely done well.
Multi-practitioner clinics can share an on-call schedule or evening/weekend hours, get bonuses for doing so and save money.
Also allows for flexible schedules. Want to work 3 days a week? Sure! Had a child and want to still work the occasional weekend only for a bit? Ok!
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No wonder you are hiding behind a throwaway, as you clearly don’t know what you’re talking about and are just posting mindless drivel. If you want to know the outcome of “we can always make more money” attitudes, look no further than Zimbabwe. In ~2007 they had a 50 cent paper note. ~6 months later a common paper note was $10,000,000,000. Just a short while after that, paper notes were being printed in one hundred tr…
Zimbabwe did not run out of money. I did not say that a bank can make everybody rich by printing money just that there is no limit to the money that the banks can print, as is evidenced by Zimbabwe. They ran out of everything else but not money. We are basically expressing the same thing from different viewpoints.
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Yes. It's like clockwork. The US is coming due for another war soon.
Sure. That's why we kept Grenada's beaches, and Kosovo's industry, and Iraq's oil. Oh, wait...
AKA On behalf of our banking customers we're going to be advising that governments get ready to do another bailout.
It amazes me how long and how slowly the value of our money can be eroded without casing a hard crash. This has been going on for over 100 years in the US. Money used to pay things used to be gold, then fully gold backed, then partially gold backed, then no gold but security backed, then securities are diluted more and more. The next logical steps would be that the central banks buy up the bankrupt economy and introd…
And if you're a bank, guess who is conveniently standing by ready to fix it for you with an army of $2000 an hour consultants? McKinsey. Same exact scam as the shady mechanic who wants charge you $400 to flush your transmission fluid and convinces you that your car will surely blow up if you don't do it.
The difference is that in most cases, the shady mechanic is not somebody you already know from college, or from golf or your national frat society. McKinsey gets paid ungodly sums in part because they are the archetype of the old boy's club. Their new hires usually come only from top business schools, and likely already have several years under their belt at the types of companies McKinsey gets business from. In addi…
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They are pretty late to the party, Gamma [0] is more mature and more experienced than their McKinsey counterpart. [0] https://www.bcg.com/beyond-consulting/bcg-gamma/default.aspx
Not really. They're pretty much the same. *current mckinsey data scientist who got an offer from both Gamma and McKinsey, and turned down Gamma despite being offered a higher salary.
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Sure. That's why we kept Grenada's beaches, and Kosovo's industry, and Iraq's oil. Oh, wait...
To suggest that the American foreign interventions have been positive for the economy is crazy. Neither left nor right believe that lunacy.
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Central banks printing money to acquire bad assets from collapsing commercial banks would not cause any inflation.
It’s blowing up the cost of many equities as borrowing has been so cheap for so long. I live in a boring small city with awful schools and mediocre economy. My house value went up in real dollars about 3x from 1999-2018z The apartment complex that I rented from in 1998 is about 2x more expensive in real terms since that time. The supply of capital is inflating real property values even without growth in demand. Given…
I believe this is the actual article https://www.mckinsey.com/industries/financial-services/our-i... Broadly it seems to be less extreme than Bloomberg’s summary and more nuanced to particular conditions. I like how exhibit 6 is rotated to encourage reading it from either direction. Haven’t seen that before in charts.
Well of course it's more nuanced. Bloomberg is about speed not MECE.