Thursday, October 10, 2019

Why Negative interest is bad?

1) Negative interest is bad for economy
2) Negative interest is to sink countries with debts as they buy more on credit
3) Banks have to make profits and negative interest will affect their revenues and profits and they will have to cut staff.
4) Banks may also have to face bankruptcy and bail out by taxpayers.

Monday, September 23, 2019

What is Liveability?

Liveability most important factors:
1) affordable housing
2) prospects of jobs
3) quality of healthcare
4) quality of education
5) quality of transport
6) availability of space

Monday, August 26, 2019

Why offshoring of jobs (esp banks) is bad?

1) short term profit at long term cost
2) increase unemployment
3) increase social costs
4) increase tax (esp gst) as less tax payers more social costs
5) data leaks
6) grooming/ arming of hostile country

Solution: ban offshoring of jobs esp banks.

https://cs.stanford.edu/people/eroberts/cs181/projects/offshoring/laws.html

https://www.telegraph.co.uk/finance/jobs/10671738/Why-are-UK-firms-bringing-manufacturing-back-home.html

https://www.ft.com/content/6e60e386-ab9a-11e8-89a1-e5de165fa619

Monday, August 12, 2019

Why all the hate in this world?

This is what all elites want the people to do : HATE (other races, religion, cultures), so that they can continue to screw the people (left, right, top, bottom) and cover their incompetency. Silly people always fall for this trick.