The gap between GDP/capita and wage growth says it all. The rich have taken all the gains.

Fed has screwed capitalism by rescuing time and again, failing businesses. Fed has socialized losses of big corps and capitalism applies to small businesses and individuals. They have rained capitalism.

@papayayaya5049

3 күн бұрын

The fed didn't screw capitalism, capitalism is working as intended

@tuckerbugeater

2 күн бұрын

@@papayayaya5049 are you excited for dog eat dog to work as intended?

@sparkyfromel

15 сағат бұрын

@@tuckerbugeater ... True sad story , the condition of the elderly and poor was so bad that it was common knowledge that Dog food were part of their diet . For Christmas , the dog food can had decorations .. merry Christmas 🥺

Rising cost of living is the problem. People are unable to marry early, have family and retire at 60 - 65 years of age.

It’s not just about economic growth. Also a lot of the government intervention is favouring the rich and well off. Government policy should be set by socioeconomic cost benefit assessment not by lobbying

Socialism exists already, but only for the rich. We’re literally living the Hunger Games here. And note that just because a society calls itself democratic, socialist, or communist, doesn’t mean it is. The worst societies call themselves idealistic, yet only cater to a wealthy few. This system is monarchic/plutocratic only. Hence why it causes so much suffering and fails the majority. When you have a man demanding $53 Billion pay while the majority cannot buy a home, buy food enough to last a month, or even save, something is severely wrong. Money needs to be democratically held to maintain or label your society democratic, in my opinion. After all, there are two systems that truly govern: the economic system and the government. If your economic system is plutocratic (due to the abuse of capitalism leading to massive wealth inequality), it’s not long before your democratic government falls. We see this embodied in Trump, who is now lobbying the wealthy to lobby for him as president and to provide him money to escape his charges in exchange for whatever they want (tax cuts, ESG regression, etc.). Things are also getting worse, not better, which causes more worry and unrest.

@ssuwandi3240

6 күн бұрын

You confused the value of patents with paycheck. Tesla IPO was about the prototype

@ssuwandi3240

5 күн бұрын

@@maeteluna1111 but the parent is. You can whine about any tech but the valuation is always tied back to the patent development and royalty deal. Elon got paid peanuts in the first decades he often stared the stories 20 years ago when no billionaires gave him a blink of time.

@maeteluna1111

5 күн бұрын

@@ssuwandi3240 Elon lived in one of the most expensive houses in South Africa, flew private jets, was bought a computer at an age when it was a pure luxury, got lucky with shares he owned in PayPal (which was nothing to do with his own tech), and stole Tesla from its founders using (abusing?) that money. He was also in with one of the key figures handing out US government money for space programs. He’s a bad accident, not a purposeful success. But mainly because he was born wealthy. Nothing more to say on this, really. Oh, except: 4. They have (delusional?) followers who will follow and defend them no matter what (including abuse they suffer like paying an exorbitant amount for a death trap on wheels, or still wanting to have that “opportunity” or living their entire lives believing Elon is god and they are an ant).

@ssuwandi3240

5 күн бұрын

@@maeteluna1111 I know that he's rich but I don't hate where he's from. Why do you hate diversity? I shared the story of being a startup entrepreneur i didn't defend using hearsay but you can go back to the early days of the Tesla IPO and the next decades what he's doing. I stopped right here since I see you focus on things the media loves to entertain the emotional gymnastics.

@welcomeuser8150

4 күн бұрын

If you are not capitalizing, Then we do not live in a free market.

Everybody wants socialism for themselves and capitalism for others. Everybody thinks only the others are greedy. Everybody wants the rich to be taxed more. Everybody thinks anybody who has more money than them is rich.

I am sure that AMS49X will go 100x just like you said

It’s also about monopolies, political donations, lobbying and corruption

Let the recession clear the deadwood, stop bailouts and inflating the asset prices

@adiintel1

3 күн бұрын

But won't banks and poorly run company's go bankrupt? 😅 I know I could live with that.

Why everyone is talking about AMS49X?

@user-pd9jx9ck6f

6 күн бұрын

Much better than all those shits altcoin with no utilities

@DeepakKumar-cb3tw

6 күн бұрын

I'm All-In

@sudhanshupriya990

6 күн бұрын

this is a life changing project

@Rajashtan

6 күн бұрын

It will soon all over the news

@Bittushaiyer

6 күн бұрын

my portfolio: BTC, ETH and AMS

Neither democracy nor capitalism but perhaps leadership is the problem

The challenge is that socialism has crept in since the Great Depression. We do not have pure capitalism.

Big trees don't let small ones grow up in its shade. They give fruit to take away far from its land. That's how expansion happens.

Nothing went wrong w/ capitalism. It’s doing what it was predicted to do.

@ssuwandi3240

6 күн бұрын

Well Russell 2000 is still the largest stocks collective vs NASDAQ. It shows 3 years of flat growth capitalism.

@tuckerbugeater

2 күн бұрын

@@ssuwandi3240 it's built on fake money created by central banks

A country has the politicians it deserve

Bought AMS49X at 1$, I will keep it until 2025 when it reach 250$

the super rich know how to dodge taxes.. that's a 40% gain every year. Compound that my friend and you gonna become super rich very quickly

I am fan of his analysis capability.

@alystero8838

12 сағат бұрын

Yes, he's a fantastic economist. Check out Satyajit Das, he's also very good.

Isn't a lot of this demographics? The US is younger than Europe. Europe is largely older. Politicians pander to where the votes are and most of the old are not productive at all. Plus so much of US GDP is devoted to healthcare moving to nearly 20%. In Europe it is widely 10% or less. Healthcare requires a whole volume to explain it in the US. Even though twice as much GDP is spent on it life expectancy in the US is less than in Europe.

@amitpadgaonkar8830

Күн бұрын

Partly its because of demographics

I agree with everything he said, especially about the government intervention at minute 3:30

If you are not capitalizing, Then we do not live in a free market.

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

@Peterl4290

3 күн бұрын

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

@larrypaul-cw9nk

3 күн бұрын

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

@sabastinenoah

3 күн бұрын

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

@larrypaul-cw9nk

3 күн бұрын

Her name is “VIVIAN CAROL GIOIA” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

@sabastinenoah

3 күн бұрын

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

Great clarity of thought

Rescuing banks is necessary. Other companies, maybe less necessary. And much of the current angst is because lives are harder, which is more because international supply chains never recovered post Covid, and we also got the Russia and China sanctions. It's natural that people's lives get worse.

The clarity and ambition of Cyberopolis roadmap are impressive. This is a project that knows where it's going and how to get there.

"Ruchir Sharma" is an anagram for "Hurrah, Racism!!" o/

Social media. Comparison is the thief of joy.

Very ironic with how media portrays Economic models like socialism/capitalism. Ironically socialism is for the rich and capitalism is for the poor. Few will get this

We are a mixed economy; that being socialism (statism) and capitalism. If the feeling of not getting ahead one needs to introspect of what is at the root of not getting ahead. Do we have too much statism ? I would recommend Capitalism: The Unknown Ideal.

This book is a very entertaining and long session of mental gymnastics...

The problem will not be solved because the same people will become rich again no matter what you do.

Good example is SVBank and Credit Suisse.

@rajx7120

4 күн бұрын

Bailing out SVB was justified. Because was the govt's fault. It is easy to say, SVB didn't have a risk manager who would have sold the govt bonds in advance. But it was the govt that raised interest rates, making old bonds lose value and also cause a funding winter, which made depositors withdraw en masse. And the whole issue happened because of the inflation caused by reckless quantitative easing and cash stimulus after pandemic.

@AH-fm7rj

4 күн бұрын

@@rajx7120 yes you are right, under communism, it is always government’s fault.

@alystero8838

12 сағат бұрын

​​@@rajx7120 not really, it wa s SVB reckless risk appetite, no diversification and bank run that bought it to collapse. Bailing such banks would only fuel incompetence in the banking industries. Don't see the thousands of banks in the US failing with a very high interest rate environment...

Cyberopolis blend of cutting-edge technology, strategic partnerships, and a vibrant community is a formula for success. Excited for the future.

Rightly said by Ruchir Sharma

Cyberopolis strategic positioning in the market, combined with its innovative approach, makes it a project with untapped potential.

Your book also talks about bidenomics which has a big challenge from china..

Socialism can still be capitalism. It just means ensuring sharing the benefits across society not just the rich, I.e. ensuring sufficient redistribution optimised by socioeconomic cost benefit assessment.

@gtgd_797

3 күн бұрын

I'm sure then that society itself can create industries on its own instead of relying on individual entrepreneurs and VCs.

@user-jz6pq4zx3e

12 сағат бұрын

🤣🤣🤣

Cyberopolis dedication to solving real-world problems with blockchain technology is why I'm all in. This project has purpose and vision.

The young will, when they grow older and smarter, reject socialism and embrace capitalism. It is not rational to be envious.

But, look at China where it is the State that is guiding the economy successfully.

There's never been capitalism. Politics makes it so

The aim of capitalism is to make the richer, richer and it has succeeded fabulously well.

@georgecobbold2234

3 күн бұрын

That’s what the media prevents this. Ironically socialism/communism is for rich and capitalism is for the poor. Few will get this

As I say in the book…

"Capitalism BAD!" "Please buy my book"

Wait .. isn’t this the genius who told us not that long ago that Muslim countries would dominate the emerging economy. Par for the course outa MS

I am not a fan but the measure of happiness vs growth has highlighted the lopsided imaginary selected capitalism.

Hei Sharma, "America" is not a country! ...it is actually the name of our CONTINENT... having 35 sovereign countries and over one billion people! Many American countries are over 100 years older the even Jamestown (our oldest US city). Many Europeans became accustomed to emigrate to North and South America as they sought greater opportunity and freedom. The United States as well as Mexico, Brazil, Argentina, etc. Welcomed millions of Europeans over hundreds of years. During WWII, many Canadians and Unitedstadians plus a smaller amount of Latin Americans were the AMERICANS that helped the Europeans fight against Hitler. The United States does not own America, nor do they speak for the interests of all Americans! Stop this name ignorance!!! I love my country, USA!!! What to call the fine people of the USA? South Americans call us UNITEDSTADIANS! I agree with that!

I !ove a chicken sharma shish kebab

He miscaracterizes the "european model". Welfare state isn't (or shouldn't be at least) about bailouts or central bank markets manipulation... it is about regulation (protecting consumers and employees) and public schooling and healthcare. He's right that limiting small businesses ability to scale by bad regulation and bailouts are against competition and "creative destruction". Key should be correcting that without lowering taxes for the ultra-rich and privatizing schools (which is really not necessary and negative for democracy)

Investing in Cyberopolis is more than just a financial decision; it's a vote of confidence in a brighter, decentralized future.

Do even economists not understand that inflation is money being worth less than it was before? Combine inflation with assets becoming worth more than they were before due to consolidation of capital. Adjust for that and then write another book showing how your first book was idiotic and wrongheaded. If you're capable of figuring out how to use google you only need one quote to figure out the problem. "Liquidate labor, liquidate stocks, liquidate the farmers. … It will purge the rottenness out of the system.” Unless you're going to show me a First World country who was the holder and creator of the world's reserve currency who also went bankrupt, due to inflation and not due to external factors causing systemic failures, then you should not respond. If you have an example I would love to know about it. Nobody else does. Stop spreading misinformation and ignorance. You have the ability to find information proving you wrong. Do that first.

BITCOIN OR GO DOWN WITH THE SHIP

@ZenKaizen7

5 күн бұрын

BITCOIN AND GO DOWN WITH THE SHIP? 😂

@adiintel1

3 күн бұрын

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”

He's right about the symptoms, I'm not so sure about the cure. Americans are indeed increasingly struggling to make ends meet, but the issue is not overregulation and too many bailouts, but rather growing inequality due to overly generous tax cuts to the upper classes and globalization, where many manufacturing jobs have gone to China. He mentions that only financial services was deregulated - which is precisely the sector that brought us the savings and loan debacle in the 1980s and the financial crisis of 2008. Not to mention the 2000 tech bubble under Ayn Rand acolyte Alan Greenspan, chairman of the Federal Reserve (who also presided over the 2008 disaster). He also fails to cite a single firm by name that has supposedly been zombified by bailouts. The solution? Continued reindustrialization as initiated by the Inflation Reduction and CHIPS Acts, tariffs on China which is aggressively dumping its products using technology copied or stolen from the West, and reducing inequality with moderate tax increases on those in the upper brackets. It's no accident that the countries that score at the top of the Happiness and Human Development Indexes are nations like Norway, Sweden, Finland, and Denmark with more equitable tax systems and strong social safety nets.

Hei Sharma! "America" is not a country! ...it is actually the name of our CONTINENT... having 35 sovereign countries and over one billion people! Many American countries are over 100 years older the even Jamestown (our oldest US city). Many Europeans became accustomed to emigrate to North and South America as they sought greater opportunity and freedom. The United States as well as Mexico, Brazil, Argentina, etc. Welcomed millions of Europeans over hundreds of years. During WWII, many Canadians and Unitedstadians plus a smaller amount of Latin Americans were the AMERICANS that helped the Europeans fight against Hitler. The United States does not own America, nor do they speak for the interests of all Americans! Stop this name ignorance!!! I love my country, USA!!! What to call the fine people of the USA? South Americans call us UNITEDSTADIANS! I agree with that!

What we call socialism is what Europeans call normal. Sick of this gaslighting.

A typical capitalist is someone who wants more and more, particularly in terms of financial returns, e.g. from a millionaire to becoming a billionaire.

You forgot to add the qualifier, “and, most young people today are genuinely idiots”

It is funny that not everyone knows about AMS49X

My investment portfolios are Bitcoin, ETH and AMS49X