KimDeep

Kim is passionate about empowering individuals and business with financial clarity, consciousness , and love of lifelong learning.

[KimDeep @Kimdeeppockets]

https://t.co/0Wkpdowluu

[KimDeep @Kimdeeppockets]

Out today 🙌 check it out Raymond shares strategies and life lessons on keeping more of your money and putting it to work for you. https://t.co/irCdRzdC2Q

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

🚨BREAKING

A video has surfaced of Mark Carney stating that he offered pro-bono consulting to politicans

SO THAT BROOKFIELD SHAREHOLDERS COULD PROFIT FROM THE POLICIES!!

THIS IS MASSIVE!!

[KimDeep @Kimdeeppockets]

RIP Richard Chamberlain. Condolences 💐 to his friends and family. Talented and well loved actor. 🙏🙏

[William Shatner @WilliamShatner]

Condolences to the family of Richard Chamberlain. He was such a dedicated and wonderful actor. 😔

[KimDeep @Kimdeeppockets]

@TuckerCNews No

[Michael Rosmer @MichaelRosmer]

Regarding the Murder of Health Insurance CEO

Lots of people cheering the killer, says a lot for someone who leaves a family who probably loved him dearly.

I don't hear anyone talking about the root cause though.

There seems a reasonable likelihood of this sort of actions increasing because when you don't give people healthy ways to deal with their frustrations they resort to unhealthy ways, that's poor societal design. It's one of the advantages of a system of voting is even if it's ineffective it gives people a tool to express their views in a healthy way. Similar for protesting, petitions, etc.

One should be able to simultaneously hold the view that many corporations behave very badly, are extractive and abusive and yet that murdering CEOs isn't a positive solution.

The issue as I see it lies mostly with late stage capitalism and burdensome restrictive regulation.

How does this work?

The idea within properly functioning capitalism is supposed to be that there is an alignment of interests between shareholder value and customer interests. This occurs because as a company serves customers better they gain market share, which increases shareholder value.

But in highly regulated late stage industries you can get this decoupling.

Insurance is clearly an adversarily game, more claims = less profits = happier customers

That's not good

Insurance companies rightly need to combat fraud, etc. but they also play games with coverage, they utilize fine print, they exploit negotiating asymetries with customers.

If you've got a highly competitive environment then the check on this is the emergence of competition, new players can come in and steal your market share by treating customers better.

The issue is these insurance industries have become excessively regulated meaning it is virtually impossible to start a new company in the space and erode the market share of the incumbants leaving them with a sort of oligopoly.

The consequence of these oligopolies is the companies can't grow much through increased market share but still face pressure from shareholders to grow so they instead resort to cutting back on what they provide from customers and taking a larger share from those customers (boosting margins).

This of course isn't additive, it's detrimental to the consumers, the interests with shareholders are no longer aligned.

It's worse than this because the same regulations that keep competitors out of the market also drive up costs so consumers have to pay more to cover the increased expenses created by the regulatory burden and are getting less from the insurance companies effectively raising their costs in real terms.

The behavior of companies, executives, shareholders, etc. in these scenarios is predictable, but taken too far the response from the market is also predictable.

You'll see more and more of this in a system of late stage capitalism unless it gets torn down and reforms, or we innovate through it.

Innovating through it to a post-capitalist system is the optimal solution but at this stage seems to be getting almost no attention so I'd expect either of the other two approaches is more likely.

[KimDeep @Kimdeeppockets]

@GlobalEdmonton It’s most likely for marketing and data collection to analyze who comes into Costco and compare to the actual sales (input vs output) basic analysis. Makes sense to see what their conversion rate is. Always showed the card but now they can better utilize the data.

[KimDeep @Kimdeeppockets]

Meet Cass Ole, the Real ‘Black Stallion’ | HORSE NATION https://t.co/IHyJlWKyUJ

[George Stroumboulopoulos 🐺 @strombo]

Prince was about the art.

He said you can't own art and you can’t own me. He fought a system and that many lose at and got his name back.

But he lost his own battle on this day in 2016.

[George Stroumboulopoulos 🐺 @strombo]

Bonus content !
Harry in Ry Cooder's Get Rhythm video.

[KimDeep @Kimdeeppockets]

Maybe Hugh was being Hugh with his dry British humour. Too much ado about nothing 🙌🤦‍♀️ Ashley Graham Addresses Awkward Interview With Hugh Grant at Oscars 2023 https://t.co/EPg71EBbhN via @enews

[KimDeep @Kimdeeppockets]

Celebrating life today and gratitude for all the blessings in my life 🙏💕 #gratitude #grateful #beyou #bekind #bereal #blessings #livelifefully https://t.co/W5211hjEwk

[KimDeep @Kimdeeppockets]

Xena reminds me to FOCUS Have a terrific Tuesday 🙌😎 #tuesday #focus #getshitdone #workhard #balance #gratitude https://t.co/82pT28MIcS

[KimDeep @Kimdeeppockets]

Just posted a photo https://t.co/q0w1nIlreV

[KimDeep @Kimdeeppockets]

Feeling gratitude 🙏 🥰 small things matter 💯💕#gratitude #grateful #smallthingsmatter #smallthings #livefully #keepsmiling #momentbymoment https://t.co/M1YMRn8KiF

[KimDeep @Kimdeeppockets]

We get what we tolerate 💯🙌 #tolerate #choice #toxicrelationships #toxicpeople #perceptions #innercircle #boundaries #knowyourworth https://t.co/n6DpU8CV5A

[KimDeep @Kimdeeppockets]

Just posted a video https://t.co/D5AnZOSERJ

[KimDeep @Kimdeeppockets]

Just posted a video https://t.co/VSpFGhm13t

[KimDeep @Kimdeeppockets]

Just posted a video https://t.co/Hwpx2vOkg3

[KimDeep @Kimdeeppockets]

Manifest Monday 💯🙌 create the life you want and deserve #manifest #believe #create #lifebydesign #liveyourbestlife #gratitude #manifesting #monday #mondaymotivation https://t.co/rU73vOi57M