Search results

I tend to agree with the assessment that the industrialization/export path to development is closing or closed. This topic has been brought up on PDF before: The End of Chinese Manufacturing and Rebirth of U.S. Industry Delhi’s tortoise limbers up to Beijing’s hare | Page 6 A Chinese...

I've viewed the clip--did you want feedback on a specific point?

I actually consider myself a fairly active user, with an average of over 4 posts a day since I joined. If my frequency of participation has dropped off in the last several months, it's because I've been demoralized about the quality of discourse, and more specifically (without naming names)...

For all of your hysteria over the Indian users here, you yourself are a troll. They are not real think tank analysts, no. My point is that there is no indication that they are subject matter experts, either, because they do not write incisive analysis. Instead, many or most of them troll...

After losing patience with the low-quality contributions of several TTAs and adding them to my ignore list, I wanted to return to this thread almost a year after starting it to revisit the idea of formal qualifications for TTAs. Therefore, I propose the following: Open a new sub-forum called...

I'm sorry to hear that, I hope the treatment you received at least made you healthy. I've never done this personally, but I have read that some people have had success in negotiating a lower bill with the hospital (they collect cents on the dollar if they send it to collections, so it's worth...

It will hurt, but not as much as it once did: FICO Score 9 Introduces Refined Analysis of Medical Collections | FICO™

There is no natural limit to GDP/capita, Japan hit the wall because it was no longer able to use credit to expand its economy (real estate crash, zombie banks). US innovation in financial engineering, and competent clean-up after the savings and loan crisis and then the 2008 financial crisis...

I see where the fissure is. You're talking about a business just starting up, before it has any cash flow. Yes, it can fail, and the entrepreneur will lose his investment. But after the business starts generating cash flow, that cash can be used to pay a salary, or secure financing to pay a...

Hmm, I'm not entirely sure we're arguing at this point, but just to make sure: Clearly you've never worked for a company that went bankrupt, or was engaged in questionable practices, or fired you. Working for someone else is all risk, because you don't control your own fate. Yes, most...

Don't get me wrong, I'm as capitalist as the next guy, and I hate class warfare. Please let me elaborate on my previous point. As @Edison Chen explained, at lower income levels, the tax system is unquestionably advantageous. Not only are taxes waived, but tax transfers mean that the tax rate...

Sure, and the OP isn't even asking about the top 1%, but rather the top 20%. At 20%, it's even easier to understand why wealth is concentrated; just as there are fewer employers than employees, or fewer physicians than patients, or fewer bankers than companies, or fewer generals than soldiers...

@Yorozuya As @Edison Chen detailed, the way the taxation system is set up (to favor capital with lower tax rates vs tax on income earned from labor) is certainly one major factor in the accumulation of wealth in a few hands. I'm sure you have read articles about how partnerships in private...

On a mobile, so no links or fancy charts this time. You and Viet are correct, in that China (and Japan) have the vast majority of their debt denominated in their own currencies, which means that the government has total control over the ability to repay or monetize debt. As Viet also points...

The two main barriers, from what I understand at this point in time, are a solution to Japan's agricultural sensitivities (the latest proposal I've seen is to have a long, gradual decline of Japanese import tariffs to below 9% over something like 15-20 years, but Japan wants the ability to...

While I welcome any reform measures, I am skeptical that this will directly help the TPP--it will make the agricultural lobby even more defensive. In addition, I don't remember if you had posted this already, but the political machinations in the LDP seem to indicate that their negotiating...

Hey xenon :wave: I still lurk on PDF, but I'm a bit burned out by the keyboard nationalists and trolls, so I'm taking a break from actively participating. I still respond to tags from those whom I hold in high regard (you included), but I generally don't volunteer anymore (or at least, I won't...

Happy hunting, Lord Zen, and may Fortune smile upon you.

My absence won't be missed, if for no other reason than because I'm not a good fit for PDF. But not to worry: there are several highly intelligent users here on PDF, if one is patient enough to filter out the detritus--I merely find that my patience has largely run out. But I do enjoy reading...

One thing about Midway that has always resonated with me is the emphasis on information analysis and damage control used to overcome disadvantages in force size and quality, which seems to have played a significant part in allowing the Americans to employ more force than the Japanese expected...