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Wandering Existence
Bloomberg Television
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Comments by "Wandering Existence" (@WanderingExistence) on "Bloomberg Television" channel.
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@TWN321 "a consumer ELECTRONICS company that happens to use good tech"..... Ummm, electronics are tech. Apple has been a technology innovator for decades. Smh. Buffett doesn't invest in tech because he doesn't understand tech.... He barely even uses a computer. He would have bought Microsoft if he didn't think it had a conflict of interest with his friend Gates. You can't tell me that technology is a bad field in an increasingly digitalized world. Are Google, Microsoft, Amazon, Adobe, Nvidia, AMD "bad" companies? Lol, big difference between speculative tech and entrenched tech.
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@TWN321 Are you really just falling back on pedantic semantics? Lol. Google, as listed in the NASDAQ, is technically a communications company... But are you really going to say that their software algorithms for ads and recommendations, data centers, and digital video platform with AI recommendations are not "tech". Amazon is listed as consumer discretionary, but they are also highly focused on AWS, which leads the market share in the data center sector.... But I guess big data isn't "tech". Sorry, not buying it.
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@bullymaguire1 Clearly a ma'am
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Capitalism routinely uses the state to empower capital owners.... Capitalism only exists because of the state. It's a fallacy to think capitalism equals free markets.
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@life_of_riley88 Is that not what American capitalism is? The only difference is they have lawyers with pens rather than soldiers with guns.
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I love how all these people understand and like the values of a cooperative but none of them would support cooperative economics 😅
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Yeah I was wondering why they didn't first collect it...
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Lol, they're literally super competitive in all of those sectors.
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Smh... You should take a page from Howard, learn not to speak about things you're ignorant of. The Bitcoin Network is a secure global settlement network. The really dumb thing about laughing at El Salvador, is the fact that they use it for remittances as well as a domestic currency. The fact that you can send Bitcoin faster and more cheaply than bank wire is a use value- and that monetary value is correlated to the opportunity cost between blockchain and wire transfer. And then you might cry about Bitcoin's volatility and who would use it as a transactional tool, to which I would reply look into stable coins. El Salvador has also leveraged Bitcoin into some of their national bonds, which allow them a higher degree of sovereign freedom from IMF and US Treasury policies. Having a decentralized secure ledger that's readable and addable across the world is very valuable, and that's just Bitcoin. Networks like Ethereum are decentralized computers that can run smart contracts called decentralized apps. Which opens up more avenues of DeFi and options for cash flow yielding crypto assets. I mean I get it's new and needs to be fleshed out before the general public will adopt it, but the current use cases are pretty convincing, that is if you stop and actually look at reality instead of just creating strawmanning ;)
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@johnbrion4565 Tech-dunces laughed at the internet too... Look at the population now, stuck to a screen, tethered to a wireless leash. Crypto is just the philosophy that created the internet applied to money and property. Oh, well, some will always be late to the game.
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@brandonnel4081 I love how you call Bitcoin a manipulated asset.... And then say the Fed can't control it. Uhhh, I hope you realize that the Fed and Congress manipulates the US dollar, as it's has done and is doing now. Bitcoins supply is fixed, thus you can't debase it without the whole protocol changing and forking. You literally just contradicted yourself because you're talking about things you don't understand. Smh.
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What free market? There is no such thing in reality. They're 99% regulated markets.
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Billionaires are the enemy and the media is owned by billionaires.
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"in the short-term the stock market is a ballot box, in the long-term it is a scale" - paraphrased Warren Buffett
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What does Obama have to do with this??
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@qwsa283 Because a random YT comment is more influencal then 4 years of a presidency??? 🤔🤔 Yea, that a be Nope. Try again.
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We live in a plutocracy where corporations buy out your politicians.... The politicians who you desperately want to protect. Lol, no wonder this country's falling apart.
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@jorgepizarro8828 What part did you not understand? American Democracy doesn't exist. You say you aren't in a cult, but you believe the lies of the cult. It's hilarious because I probably support more democracy than you do. Do you like economic democracy by giving everyone a vote in a company, rather than just shareholders? https://thenextsystem.org/learn/stories/infographic-preston-model
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@jorgepizarro8828 I hate Fox... and NBC, twit. Crazy house? So lobbyist don't buy out politicians? There are multiple papers that examine how public opinion doesn't change public policy rather the opinions of monied elites do a far better job changing policy. I guess you think there's bipartisan support to increase the world's largest war budget because they care about you.... No they care about their donors like Raytheon, Boeing, Halliburton, and Exxon. We've been overthrown Democratic countries for decades, from 1954 in Guatemala when we overthrew their democratically elected government to install a dictator that was friendly to the United Fruit Company to set up cheap banana plantations, and when we use "democracy" as a justification for oil imperialism.... You're a rube if you think America cares about "democracy". Especially ironic when I want more democracy than you do 🤔
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One bad story and you run for the hills? Lol, ok
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Look at this fascist
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@Dpaq13 Fragile child
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