The trend of cutting social security with the demographics of an aging population will lead to an ever-increasing gini coefficient. Now guess that we achieve a society with 1000 people each having 40 billion dollars. So the entire wealth of the nation was held by these 3000 people. and in addition paid no taxes. and every was frugal and lived off 100,000 dollars per annum. Would the rate of money be zero?Also what is definitely the social implications? As our system happens to be 70 percent consumption the GDP would basically collapse, By about 69 percentJust a thought test about the practical exigencies involved Is that what some would call an end game?
apr interest rates 21 10:26 AMI really like this article. That said I find it interesting anyone use ‘Median household income’ in such charts. Should Median spouse and children income be charted against sales of Rolex watches? John McCain owns 11 properties. If a large proportion of houses are being bought by people in the top 10 percent of income then the top 10 percent of income ‘s better to look at than the medium income. they are buying them and rent them out.
mar 20 12:07 AMPaul I would be curious what other large cap outliers like amazon exist. It is just amazon grabs a piece of of every trendy thing that comes out. fog up, Kindle, Cell phones whatever no specializationGives me impression they will do everything in a poor wayPersonally I look to buy from best in classHeck next amazon will be selling there own electric car?Frankly were interested in buying some things there as a one stop shop but when looked at delivery cost ended up ordering books from b free delivery and stopping by Office Depot for the other itemThen again could have made a fortune off amazon if knew why it keeps going up
scar 5 11:24 PMIT how has the usa being doing for the past 30 years. 20k for medical insurance for s family of 4 for 1 yearWhy should anyone start a business here if it is a real free enterprise business and not on the doleHeard about the woman who spent 600k on her husbands cancer? what went down. And a European told me she goes to Europe for medical related as she thinks it is betterBoth my daughters were born at Mayo clinic. i didn’t feel well served. One time we a racist nurse. The other time a student doctorAt 18k a popLet me know if you decide to protest
jan 17 07:12 PMMoon consider TCS. Tata referring with services. It’s the likes of tcs that are creating big headaches for ibm. TCS is the next wave where chinese and Indian companies start beating on so named american multinationals. American multis have argued offshore the grunts in your garden topsoil profits. But never foreign the ceo. But guys like tata will be see that the CEO gets off shored. Actually your whole company. I like it so much. take a look Lenovo CEO from china and kicking hp butt. I have waited 30 years to see what’s good for the goose is designed for the gander. IBM will likely be torn to pieces and so will hp