techsummoner

[techsummoner @Techsummons]

@zoetoshi It won’t. The speculators and gamblers are leaving.

[techsummoner @Techsummons]

@XCzsnx Let’s ignore the logistical and infrastructure problems behind hunger. To stop chronic and extreme hunger (so still some hunger) for the next decade, per the UN, would cost $93B/year in direct cash + $267B/year in agricultural subsidies. Thats a total of $360B/year.

[techsummoner @Techsummons]

@jonbrooks 1) low rates, 2) high LTV loans, 3) fha loans, 4) everyone should have a house politics. Similar thing happened to the cost of education.

[techsummoner @Techsummons]

@RonWyden @ChrisMurphyCT I like automation too. Bring it on.

[techsummoner @Techsummons]

@StumpGuyTy A lot of white collar would be shocked to hear many blue collar workers make a lot more than them.

[techsummoner @Techsummons]

@cmsinvests @XMoney It’s a promotional rate. It drops later.

[techsummoner @Techsummons]

@VoodooDahl @AnnieForTruth Ok

[techsummoner @Techsummons]

@VoodooDahl @AnnieForTruth You are asking why companies go public and become part of the stock market?

[techsummoner @Techsummons]

@realsaadasad Companies reinvest with corporate profits.

[techsummoner @Techsummons]

@realsaadasad It becomes a problem with private companies and market valuation multipliers. If you ARR is $100M and your valuation is 10x, 2%*$1B = $20M, which means you need to extract that from your company, pay hefty taxes on it, then pay it as wealth tax. Basically 40% goes to tax.

[techsummoner @Techsummons]

@realsaadasad 40% of revenue, or more likely 90-100% of company profits.

[techsummoner @Techsummons]

@realsaadasad @incogni17344541 It encourages billionaires to pay themselves more I guess.

[techsummoner @Techsummons]

@Heccles94 Sarcasm is lost on the masses

[techsummoner @Techsummons]

@Heccles94 This is operating on the fixed pie method: that there is a limited amount of wealth in the world and if someone makes more money, others get screwed. So the best approach is to ensure everyone makes the same regardless of what they do, which means the government is the employer.

[techsummoner @Techsummons]

@shawtown740 @chucktodd lol, ask the IRS

[techsummoner @Techsummons]

@MAGAShagster Rockets and feathers.

Retailers are selling the older barrels that cost more. Then there is refining which has fixed costs. You aren’t simply pumping crude into your F-150. Logistics takes time.

[techsummoner @Techsummons]

@travisakers For Europeans, work is more of a necessary evil until you get off work. They are much less passionate about their jobs than Americans are.

[techsummoner @Techsummons]

@travisakers Europeans make do with a lot less. The wages they are comfortable with to be considered “fair” are much lower than in the U.S. Wages between jobs are much more similar due to the tax system, so instead of doing a job for the money, you do it because it is what is available.

[techsummoner @Techsummons]

@XBToshi AI IPO’s

[techsummoner @Techsummons]

@JamesTate121 Pure democracy is majority vote wins every time. If you force capitalism to work a certain way, you end up with poverty for everyone because the majority will vote themselves more money for less work every time.