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Greg Greg
CNBC Television
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Comments by "Greg Greg" (@SlowhandGreg) on "CNBC Television" channel.
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What's going to drive the price up is their grid stuff, large mega pak factory just opened the
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Past basic needs people don't work to create wealth they work to be successful and past a certain point in successful there drowning in assets which just get larger over time no matter how much they spend. Paying off or reducing college debt will boost the economy paying a living wage will pull people out of government subsidised programs building infrastructure will aid new business ventures all need tax revenue.
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There running around like headless chickens Most of the top companies are making a lot of money apple google Microsoft are pretty cash rich all this does is put a brake on them wasting it on share buy backs
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Same as Joe's, investment in social and physical infrastructure growing the economy from the bottom up middle out
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@kushagrashukla3403 debt to GDP has fallen under Biden from 133% under Trump to 122% The economy has grown substantially in the last 4 years
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Since when did Pat Tooney become an Economist? We won't know if the Fed got it wrong till later next year because no one has ever run it in a pandemic Consumer spending is through the roof were off an Oil price high and the cost of container shipping has gone up by 330% over the last 18 months there is nothing the Fed can do about that. If it raises rate too much it will affect US manufacturing which has been increasing and expanding month on month for the last 18 as more people try source goods and components from the US as the pandemic has taken its toll on world trade. The behemoth of the US economy is slowly restructuring itself it wouldn't surprise me if a lot of those technically leaving the workforce aren't starting up their own businesses given demand.
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@nickl2883 debt to GDP has fallen from its peak of 133% at the end of the Trump term to 122% under Biden If you look back in history the debt ratio always goes up under a Republican
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@redearaser5026 the thing is if they actually bothered to dig into this stuff they'd find out how corrupt the GOP are and how much of the Hunter story was manufactured by right wing operatives for a made for TV campaign. He's certainly stupid for taking the Barisma job and gone off the rails with drugs but aside from some legal mild nepotism he's a saint compared to the likes of Kushner and Co
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Apple is still the world leader in processing power on a phone its new chip is faster than a fast thing on steroids Didn't they make record breaking profits last quarter?
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Big tax increase? Who's got 10+million to bung into the stock market? Pensions are exempt by the way.
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OPEC is more powerful than world economies
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@veizagajp Its a lot more complex than that, I think its better to put those forward than just name calling. The Fed started quantative easing beginning of 2020 to try stop the US going into a tail spin recession that would have been hard to climb out of. The Biden economy has recovered quicker than the Fed anticipated and is running hot. There is some remarkable data under the surface if you look, container prices worldwide up 330% for shipping goods, Oil up 25%, Natural gas Up , crops damaged by the late Polar event and summer drought (climate change). On the plus side manufacturing is up in the US for the 18th month straight US firms are building factories in the US again (Intel Arizona Tesla Texas and Arizona Ford Kentucky) Employment is at near full employment with small businesses springing up all over especially in manufacturing as costs to ship from across the globe skyrockets. The Trump economy was pretty much a low wage economy wage rises were always going to add to the overall inflation Have a nice day
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Tesla isn't just a car company, its grid tech and solar development is still bubbling away
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She's 20 years younger than the mental patient doubling as the Gop candidate
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You've been able to get a coffee from a machine for decades.
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@yehimstone5492 not true global shipping ground to a near standstill during the worst of the pandemic the current administration has given the SF port licence to operate 24 / 7 to clear the backlog caused by increased demand.
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When the pandemic hit the economy split into 2, those that could upgraded systems networks and production facilities basically went their own way. We're at the start of the 4th industrial age which got a Covid boost, biotechnology automation remote working green energy development etc. If you look at some of the fundamentals of say Tesla their costs are coming down, working for a Tech company ours are too less travel and a hybrid work model with 1 to 2 days a week in the office at most and all customer upgrades installs and maintenance is done remotely.
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A side effect of the pandemic is people are spending a lot less by a huge amount on services (Holidays, bars even the Gym) and are now feeling positive enough to spend more on physical goods. Me we've not really travelled much in a couple of years the money I saved is going on a house extension and renovation
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That's not going to happen the war needs to stop asap
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I work in IT we have huge shortages of qualified staff, there is no way a company can force people to work as before rather than remote for part of the week or even dictate hours. 2 days a month is all I'm in the office theses days and that's here to stay if the company don't like it others will offer the remote working to suit because it broadens the employee base. Quite a few companies have built on the distributed model and got rid of office space reducing costs as well as introducing more cloud based systems.
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So says the guy who supports someone that wants to bring coal back thinks windmills cause cancer and climate change is a Chinese hoax Get your story straight man
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All Warrens proposals do is make the markets sharpen up their act and earn their profits, the investment that she is proposing would boost/kickstart various sectors by creating more competition so everyone wins..
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The inward training and investment simply won't happen. Vlad chose his inner circle for loyalty not brains
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Job numbers? Unemployment is at 4.2% there are vacancies all over the Jo. Spectrum Your half a point off technically having full employment
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@tonyk8592 You do know that what you just wrote is wrong on multiple levels?
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Yawn capital gains of plus 1 million per annum like who has a portfolio that gains that much even in a bull market oh yea Jeff Bezos and Elon Musk Omg this will break capitalism foreverrrrrrrrrrr noooooo the ultra wealthy need thier space rockets
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@zachhenry8537 spot on most of the feds printed trillions has spiralled up to the 1% and taxing them properly will bring down inflation
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Market brand recognition, its supposed to help your other models and also keep you in the mind of investors as a go ahead EV company
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Just to recap in a communist state the entire gdp of that state is controlled by the government in the US 35% of the GDP is controlled by state and federal government of which 8% is spent on military policing and prisons. To get to a socialdemocratic type figure as an example of Norway or Sweden is round the 55% mark they include healthcare The US spends 18% of its gdp on private healthcare which is way over market rates in government run systems which are typically between 13-15% So even if the the US had an epiphany on government run healthcare it would still be below what is regarded as a social Democratic run country, by the way have you seen how many trillions are wasted on the prison system and military? If you want to badmouth Biden get your facts straight don't just parrot factless garbage propaganda from right wing media
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What do you expect? The Oil companies will gauge as long as they can get away with it
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@adeebihabibi In all the years I've been driving a car (+40) the price rockets when there's shortages and takes ages to come down when the price drops
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One million earned income in capital gains which can be offset over the years you hold the stock is like you have to be pretty rich and a huge majority of general stocks are held by pension funds. Who does this really clober oh yea CEO's who skirt round taxes by getting payed in share options or have huge share bonuses
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@Rikimkigsck you can buy a coffee or snack from a machine now! People choose not too and who would have thought you'd need aa personal trainer :) I started in IT eearrly 80s you needed a team of people too operate the computer another team for data entry, things change
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@kornpop4887 you already pay for junkies weather its through emergency medical care prison housing policing theft there is no escape in costs somewhere in the system - its just a dumb argument
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President Brandon to you
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In a strong Labour market its the other way round
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@chain-breakingsage the underlying problem was the whole grid was dropping dangerously close to a full shutdown because they couldn't maintain the frequency. Wind turbines froze due to lack of winterization solar stopped because there was no protocol to sweep snow off them gas flow stopped due to water vapour freezing up pipes coal couldn't come on stream due to frozen instruments. The list is pretty extensive
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if Biden says it will be 2 Trillion it will be 2 Trillion
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Were at the start of the 4th industrial age, just look at the strides in manufacturing made by Tesla its Giga Berlin has increased efficiency on its line with Giga Casting that its even putting robots out of work. It will produces double the number of cars with half the space of the comparable VW factory. Driver autonomy mainstream level 5 will be achieved according to the experts by 2025 Etc..
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It will ramp up anyway Green electric is half the price per kilowatt hour of fossil and Oil will keep going up, were only at the start of EV adoption and large scale production.
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There running 30% profit on each car
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I'm a middle class investor i use managed invest funds rather than straight shares to spread the risk across sectors and I'd love to pay this tax that would mean my portfolio was growing like it was on steroids. For an investor who is savvy and gets say 10% PA growth your looking at savings of +10million.
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We don't have a recession the economy is booming which is part of the reason we have a higher than anticipated inflation rate
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@mspaic10 2% inflation means stagnation in wage growth especially at the bottom, the labour shortages means realignment from a low wage economy with added few points of inflation + oil prices anyway it should settle fairly quickly
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Tariffs will start a trade war that will impact 3 trillion in US exports combined with mass deportation and Musk taking a chainsaw to government departments sending the US economy into a depression and causing a world recession. The follow on impacts are a run on the dollar and the Dow collapsing
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Food inflation isn't caused by the increase in money supply, you could blame consumer spending on luxury goods for that. Its caused by scarcity along with increases in supply chain costs The economy is expanding at its faster rate since 1980 the Fed has already announce an end to Tapering they will also raise rates. The balance to be struck is to keep the economic boom that is under way maintaining high employment while introducing interest rates that will stymie inflation growth. A small amount of inflation is actually good for the economy (3.5-5%) it shows that wages are growing with inflation at say 1-2% your into a place where wage growth is low and there's a level of stagnation in the system.
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There hitting on the lower grade harder to extract stuff now which will have the inevitable impact on prices.
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So do people who want and have renewable energy, the last few years has seen the development of microgrid tech allowing home to be run from your car when the main grid either goes down or needs a boost. There are multiple storage solutions in development, the underlying reason why green electric is the future is price its half the cost of Fossil per gigawatt hour and getting cheaper all the time.
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You can't buy any of the so called competitors they've not geared up and there supply chains are a mess thier tech is all over the shop because over the years they've outsourced various processes. You can order a Tesla for delivery in 6-9 months hopefully that will come down
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Are you aware that if ICE car sales collapse Toyota will be one of the 1st to go bankrupt? They currently can't transition we've seen in Europe how quickly its going and gas pri es just speed up the pace
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