Readit NewsTo a large extent, career success is the result of a combination of hard work and luck. The more you have of one, the less you have to rely on the other.
Definitely a situation for reader mode.
Dr. Harari explains it better than I do in "21 Lessons for the 21st Century", but this tool is part of a suite of data collection utilities that will be dissected and used in order to further subjugate our mental energies to the will of the tech giants running our phones. If you don't believe that this is already happening, hang out with some teenagers. I would say that there is a large contingent of people for whom this is already true, and once that group is large enough, then how can you assert yourself against that pipeline of information?
Every bit of data we give away for free is a massive mistake. I hope that Europe figures out a regulatory framework that works.
I'm pretty sure that this type of data collection tool is in use today by the Chinese government.
Other countries do this successfully: wrong, other countries are far less progressive than the US with many more paying top rates. The lazy "we can be Sweden" thinking also indicates a fairly weak understanding of political theory.
Assuming no reductions in revenue, the only solution is raising taxes substantially on the wealthy below 1%. Simple.
Not exactly a mystery.
> Chinese mega star Fan Bingbing has been fined around 883 million yuan ($129m; £98.9m) for tax evasion and other offences, authorities said Wednesday. The star, who disappeared in July, posted a long apology on social media.
Making disorder the enemy is something of a distraction tactic. General rate of growth matters a lot more and much has been sacrificed in the name of trying to make the market look pretty at the cost of keeping the incentives properly aligned. Disorder is more of a code word for the wealthy and powerful being at risk of losing their social standing. The rest of us should be worried about general wealth and prosperity. Which, I might add, is maximised by the occasional dose of collapse in badly designed systems. Joseph Gentile has been given 2 goes now at wiping out his creditors; there was no need for that - the 2008 bailouts just gave him cover to go and get people wiped out a 2nd time.
The real question now is who is actually eating these losses? Is it old people with pensions? Because while it would be karmic justice to start wiping out elderly investors because they were the ones with political control ignoring all the problems building over the decades, but that would still be a huge problem.
They should have let 2000 or 2008 play out to their natural conclusions to minimise the overall damage. This one is a bunch of people going bankrupt in ways that could easily be predicted a decade ago. These losses have been created by Fed policy. And we'll probably find when the dust settles that they have once again stuffed everything up, there is no reason to believe this time is different. There have been bank crisises to safely assume that this time will not be different unless, miraculously, hindsight shows they changed tack.
Are you "ignoring all the problems" of today? Or do you just not have the "political control" to change things? What makes you think that "elderly investors" had more control during their lifetimes?