ML - The way the world works - analyzing how things work

Bubble pathology: a. The bubble starts smoothly with some increasing production and sales or demand for some commodity in an otherwise relatively optimistic market. B. The attraction in investments with good potential gains leads to increasing investment with leverage coming from international investors. Price appreciation occurs. C. This in turn attracts less sophisticated investors, leveraging is further developed which leads to the demand for stock rising faster than the rate at which real money is put into the market. (earnings) D. At this stage, the behavior of the market becomes weakly coupled or practically uncoupled from real wealth. E. As price skyrockets, the number of speculative investors decreases and a period of nervousness starts until a point when the instability is revealed and the market collapses.

The analysis of Japan’s 40plus year monetary driven economic depression

https://www.statista.com/statistics/268411/countries-with-the-most-millionaires/ Chances are, you assume that most millionaires are in the United States, Western Europe, and Japan, and that the rest of the world is far behind According to the Boston Consulting Group, there were more than two million millionaires in China in 2010, and fewer than one million in the United States https://tradingeconomics.com/china/gdp-per-capita?back=https%3A%2F%2Fwww.google.com%2Fsearch%3Fclient%3Dsafari%26as_qdr%3Dall%26as_occt%3Dany%26safe%3Dactive%26as_q%3Dwhat+is+the+per+capita+of+China%26channel%3Daplab%26source%3Da-app1%26hl%3Den Now, it’s true that China’s population is more than four times that of the United States But that’s not a good reason to be impressed by the number of millionaires in China After all, there are more than four times as many people in China than there are in the United States So let’s divide the number of millionaires in China by the size of its population, to get a number that reflects the proportion of the population that is millionaire The result: There are roughly three times as many millionaires per capita in China than in the United States As recently as 2000, there were only about 700,000 millionaires in China But since then, the number has grown at a brisk clip By 2010, there were more than two million Chinese millionaires, and their total wealth exceeded $4 trillion China’s economy is still a long way from catching up with America’s In 2010, the United States produced roughly $14 trillion in economic output, while China cranked out only $6 3 trillion And China’s per capita GDP, at just $5,600, is only a quarter of America’s But as China’s economy expands and its people get richer, more and more Chinese will join the ranks of the world’s millionaires India is another emerging market that is home to a large number of millionaires In 2010, there were about 500,000 millionaires in India, and their total wealth was about $950 billion

Thoughts on water from the air

The article says to break up the banks is "political demagoguery" and "embraces a dubious 'too big to fail' doctrine " It's a bunch of baloney The "too big to fail" doctrine was created by the banks themselves in their lobbying to deregulate the financial system It's the opposite of "dubious " It was one of the biggest lies ever told by the bankers They made it up to get the Congress and the President to repeal the New Deal system of regulation The repeal of Glass-Steagall was the most important of the deregulations that the banks pushed for It allowed the banks to create the most destructive financial crisis in history, which they then used as an excuse to get the government to bail them out That's why they lied and said they were "too big to fail " The banks are not now, nor were they then, "too big to fail " They were too big and too politically powerful to be held accountable for the damage they did The government would have had no problem breaking them up and letting them go bankrupt That's what it did in the 1980s when it broke up AT&T The government has no problem breaking up companies for far less damage than the banks did For example, it took apart Enron for a tiny fraction of the damage caused by the banks What the banks want is to be "too big to jail " That's what the "too big to fail" doctrine is all about It's not "dubious " It's pure evil It is so evil that the government went along with it and made it the official policy of the United States President Obama, who could have done something about this when he was elected, instead gave his blessing to the banks by appointing as his Secretary of the Treasury Timothy Geithner, who was one of the people who created the "too big to fail" doctrine while he was working at the NY Fed The media has been part of the conspiracy While the banks have been getting more and more concentrated, the media has been promoting the lie that they are not The New York Times is the most to blame It has a huge amount of influence It could have changed the course of history But instead it has chosen to help cover up for the banks

The financial sector was crucial to the creation of corporations and corporate capitalism When Europeans first entered into the American and other continents, they did not find a system of corporations The same was true of the Ottoman Empire and China Even in Britain, which had a long history of corporate organizations, the early 18th century was the time when corporations came into existence In the 18th and 19th centuries, the financial sector created corporations and corporate capitalism—both the owners of corporations and their employees THE FINANCIAL SECTOR CREATED ENTREPRENEURSHIP, NEW TECHNOLOGY, AND CAPITALISM Entrepreneurship: In the 18th century, the financial sector created the idea of entrepreneurship, which is a person who takes risks to start a business and make a profit New Technology: The financial sector was crucial to the development of new technology and capitalism Without the financial sector, a company would not be able to borrow money to build factories and it would not be able to get the technology necessary to make the goods it produces Capitalism: The financial sector was also crucial to the development of capitalism, because the financial sector creates capital, which is a combination of money and property Capital can be used by the company to build factories Without capital, the company would not be able to build the factories The financial sector also creates new organizations The financial sector is also crucial to the creation of corporations and corporate capitalism WHAT IS THE DOMINANT ORGANIZATION OF CAPITALISM? The dominant organization of capitalism is the corporation The corporation is a result of the financial sector's creation of capital Corporations are legal entities that can do business They are given certain rights and privileges by society The corporation is a dominant organization because it is able to legally buy and sell capital The corporation can buy and own capital It can hire people, who can buy and own capital The corporation is also able to buy and own other corporations This is called vertical integration Corporations are also able to buy and own other companies that specialize in a different product This is called horizontal integration

One of the main reasons for the rapid growth of the Internet and social networking sites is the fact that they create a culture of sharing and a sharing economy As opposed to traditional economies, in which exchange is based on scarcity, the sharing economy is based on abundance With the Internet, it is easy to share ideas and knowledge, software, designs, music, and videos, and even to find a peer mentor or collaborator When I was in high school, I had to do all my homework by hand Today, you can search for the right software, get the program for free, or even crowdsource the work It is a great way to be resourceful Software is designed to be used and shared In today’s world, real success is determined by how much you give, not how much you own This is the main idea behind the commons, an area of common interest and resources, owned by all of us, but managed by none The commons is a resource that belongs to the public, but because it is not private, it is open for use It is free for everyone to use, but it should be respected It is a common resource that is available to all, and it is our duty to take care of the commons We have to take care of the air, the water, the land, and the oceans, as well as the Internet A commons, however, requires an economy of contribution, not an economy of profit On the Internet, we have to earn our respect and our reputation We have to be generous and helpful to other people, because if we don’t, we will lose our reputation The economy of contribution is based on the idea that we have enough to share For example, if I share my knowledge and give my time, I can create value and income without owning anything The idea that we have to own something to create value and earn respect is outdated I can share my knowledge and get paid for it Another way to create value is to connect people and create networks Through our connections and networks, we can create value for other people The value is not in the connections, but in the connections between connections This is the value of the network To understand the power of the commons and the network, we have to understand the power of the network

As you know, culture is the shared assumptions, values, and beliefs that characterize how an organization operates Unfortunately, many leaders don’t think much about the role they can play in shaping their organization’s culture They believe they have more important things to do—like getting the revenue, profits, and growth that are the ultimate measures of an organization’s success But culture is important It is a huge factor in how people behave, whether they are managers or employees It is a big reason why an organization succeeds or fails So how do leaders change culture? The next time you see a mistake in the organization or a behavior you don’t like, look for the leader who is responsible for that mistake or that behavior We have seen leaders who have changed the culture by refusing to tolerate mistakes or misbehavior They have changed the culture by setting the example with their own behavior They have changed the culture by promoting people who are better role models And they have changed the culture by giving people in their organization the opportunity to change Sometimes it is as simple as changing the way an organization does business with one customer For example, at the beginning of our leadership program, we worked with a furniture manufacturer One of their plants was in the Northeast The plant manager had a problem with customer service He kept hearing reports that the customer service reps were rude and even abusive to the customers We decided to pay a visit to the plant to find out what was going on We decided to go in undercover We went in as customers, posing as a couple looking for a new dining room set The customer service rep was polite, but not overly friendly She gave us the price list, but when we asked to see some products, she said they were all out in the warehouse and would have to be brought in We had to wait for about thirty minutes When she came back with a selection of dining room sets, she seemed to be in a hurry As we looked over the dining r

WHY IS MANAGEMENT A SYSTEM OF COMMUNICATION www.listensoftware.com Management as a system of communication is a very important concept and it is all around us It is so real that we are all a part of it It is a part of the way we work, our way of thinking and communicating with each other If a company is not functioning well, the problem lies in the system of communication in that company If a company is functioning well, it is because the system of communication is functioning well Let us take a look at some of the examples of the system of communication In a small company, the owner’s son who is working as the manager of the company is not communicating well with the employee The employee is not happy with the system, the way he is being treated, the way his suggestions are being ignored, and the way the company is run This is the system of communication in that company In a company where the employee is not happy, he stops communicating with the management He does not cooperate with the management and is not open to the ideas of the management In a company, there is a good communication between the management and the employees The employee feels there is a good system of communication The employee has trust and confidence in the management The company where there is good communication, the employees are happy, they are willing to work, they are willing to share their ideas, they are willing to act on their ideas, they are willing to improve and they are willing to work together Another example of the system of communication: The manager of a company has a good reputation in the market He can communicate with the customers His communication is so good that the customers are willing to believe him They are willing to buy his product Another example of the system of communication: The manager of a company has good communication with the employees The employee feels he can communicate well with the manager The manager is always there to help The communication system is working in both the examples The communication is good There is trust between the two parties The two parties are willing to communicate with each other They are willing to communicate with each other

HOW TO MAKE HYDROGEN CHEAPLY 1) Take water and feed it to a large tree, or massive patches of algae This will produce a lot of oxygen 2) Feed that oxygen to a large tree, or massive patches of algae This will get rid of the extra hydrogen 3) You can then feed the hydrogen to algae or trees too, turning it back into water 4) You can then feed the water to a large tree, or massive patches of algae You now have cheap hydrogen If you have cheap hydrogen, you can produce cheap fuel cells HOW TO MAKE THE FUEL CELL CHEAP 1) Start with a cheap hydrogen source, or use the example above to make a cheap hydrogen source 2) Feed that hydrogen to a cheap fuel cell 3) Feed the electricity from that cheap fuel cell to a cheap battery 4) Now feed that cheap battery to a cheap motor 5) Finally, feed that cheap motor to a cheap car You now have a cheap car With a cheap car, you can produce cheap hydrogen With cheap hydrogen, you can produce cheap fuel cells With cheap fuel cells, you can produce cheap electricity With cheap electricity, you can produce cheap motors With cheap motors, you can produce cheap cars How to make a cheap car:1) Take water and feed it to a large tree, or massive patches of algae 2) Feed that oxygen to a large tree, or massive patches of algae 3) You can then feed the hydrogen to algae or trees too, turning it back into water 4) You can then feed the water to a large tree, or massive patches of algae You now have cheap hydrogen 1) Start with a cheap hydrogen source, or use the example above to make a cheap hydrogen source 2) Feed that hydrogen to a cheap fuel cell 3) Feed the electricity from that cheap fuel cell to a cheap battery 4) Now feed that cheap battery to a cheap motor 5) Finally, feed that cheap motor to a cheap car You now have a cheap car With cheap hydrogen, you can produce cheap fuel