Comments by "" (@ericp1139) on "Bloomberg Originals" channel.

  1. Think of it this way: Before you needed an alarm clock, a computer, a TV, a phone, a camera, etc. All of that is consolidated into a smart phone. So that’s less hardware.
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  2.  @tatsumasa6332  US with $34 trillion debt: those are rookie numbers.
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  3. I’ve seen that guy before. I think his circumstances were having a high paying tech job, dumping all his money into stocks during the crash to ride it up during the massive bull run, and not own a house.
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  4. It should be noted that most of the online proponents of FIRE usually come from high paying tech jobs, invested a lot during the stock market crash to enjoy the massive 10 year bull run, and make money off their FIRE blogs.
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  5. Nintendo stock also crashed when people realized it didn't make Pokemon Go.
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  6. Luis Treto they mean “financial freedom,” where you can do whatever you want without fear of money.
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  7.  @tatsumasa6332  what visible growth?
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  8.  @tatsumasa6332  and cost of living inflates higher than wage growth. What does GDP matter to an average American?
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  9. 7007007 vintage people have to learn to invest for themselves. Don’t give it all to some fund manager to eat you alive with fees.
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  10.  @tatsumasa6332  what constant, visible growth?
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  11. Recca yeah, it’s swing trading. But he was smart in expecting the stupidity of the masses (or maybe he didn’t know himself?). I knew Nintendo didn’t make Pokémon Go, which was why I never bothered to buy the stock. But I guess I should not have overestimated the intelligence of others. But yeah, if you are going to take massive positions in swing trades, you better know what you are doing. And luck helps.
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  12. Not sure these guys know what “dystopia” means. He seems more like a lost tourist. He’s going in with an ethnocentric mind, and when in China, he talks with a bunch of White dudes and only 1 actual Chinese person?
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  13. US doesn’t have the labor pool or infrastructure to compete with China. “Made in USA” is a fantasy.
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  14. It’s a fantasy to think the US can bring back a manufacturing core. It’s simply too costly and inefficient to produce in America.
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  15. He is the exception. Guarantee a lot of people will go to the poorhouse trying to replicate this.
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  16.  @fly463  and what does that data mean?
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  17. Allow all debts to be discharged by bankruptcy and the system will police itself. Otherwise, predatory loans will get worse.
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  18. Congrats to neoliberalism and capitalism.
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  19. He needs to work on his stutter.
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  20. Well, then you have to revitalize your rail network. More $$$
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  21. It’s not their fault. Boomers have been a terrible steward of the nation and crippling inflation is nipping the young generations in the bud.
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