asterisk2a + capital   474

(10645) Trump's New One Billion Dollar Tax Cut | The Daily Show With Trevor Noah - YouTube
Donald Trumps tax cuts hoovered up by the 1% (10%) via stock buybacks. It's a theme for that last YEARS. Years not just w Trump and Trumpian tax cut.
And after Farmer's bailout, to quell any potential moodyness pre mid-term elections, Trump team considering giving more tax cuts to the haves (inflations korrigierte capital gains tax)
DonaldTrump  Donald  Trump  wage  growth  income  USA  working  poor  buyback  stock  dividends  trickle-down  shareholder  profit  maximisation  mid-term  election  capital  gains  tax  taxcut  evasion  avoidance  American  Dream  social  mobility  downward  meritocracy  meritocratic 
11 weeks ago by asterisk2a
Capitalism’s Crisis of Stagnation and Austerity
After the 2008-09 financial crisis, the hope was that a combination of economic recovery, inflation and austerity would shrink the debt mountain. This, though, was too optimistic. Growth has been below par, inflation subdued and austerity self-defeating. (“Global debt is the danger: beware the butterfly moment” Financial Times 6 January 2018)
Kapital  Capital  productivity  Austerity  economic  history  secular  stagnation  demand  output  gap  UK  USA  Germany  income  growth  debt  bubble  inflation  service  QE  monetary  fiscal  policy  underinvestment  Exploitation  atomised 
february 2018 by asterisk2a
(2195) Mark Blyth Telling The US Senate That Austerity Policy Is Wrong - YouTube
Mark Blyth & Makers v Takers & Erbschaft & asset & capital tax // wolfgang schäuble George Osborne David Cameron // >> Growth cures debt, cuts / austerity causes debt!!!
Mark  Blyth  UK  USA  Austerity  taxation  corporate  corporatism  welfare  state  NHS  income  tax  GFC  asset  capital  recovery  underinvestment  secular  stagnation  bond  bubble  economic  history  ZIRP  NIRP  QE  BOE  productivity  budget  Super  Rich  Plutocracy  trickle-down  Oligarchy  1%  10%  profit  maximisation  shareholder  immigration  gini  Coefficient  FX  Forex  confidence  fairy  globalisation  evasion  avoidance  HMRC  bank  bailout  badbank  bad  Schuldenbremse  Fiscal  Pact  David  Cameron  George  Osborne  Wolfgang  Schäuble  Angela  Merkel  PIGS  Policy  IMF  BIS  ECB  Fed 
july 2017 by asterisk2a
Tax evaders exposed: why the super-rich are even richer than we thought | Inequality | The Guardian
The higher one moves up the wealth distribution, the higher the probability ​​of hiding​ assets [...] More broadly, the key to successfully fighting tax evasion is to change the incentives for the providers of wealth concealment services. Over the last few years, a number of banks have pleaded guilty in the US to criminal conspiracies to defraud the Internal Revenue Service – yet they were able to keep their banking licences, and the fines they had to pay paled in comparison to their profits. A more ambitious approach would put criminal organisations out of business. If tax evasion ceases to pay, it will disappear.
UK  tax  evasion  avoidance  taxation  corporate  welfare  asset  capital  Thomas  Piketty  lobby  Delaware  USA  Luxembourg  Ireland  offshore  banking  money  laundering  Super  Rich  1%  Plutocracy  Oligarchy  revolving  door  KPMG  PanamaPapers  Switzerland  moral  ethics  crime  White-collar  HMRC  Austerity  gini  coefficient  inequality  social  mobility  income  poverty  trap  state  Meritocracy  Meritocratic 
june 2017 by asterisk2a
UK pay squeeze breaks all sorts of records for all the wrong reasons | Larry Elliott | Business | The Guardian
As John Philpott, who runs the Jobs Economist consultancy, noted: “What’s remarkable is that pay growth, however measured, is so weak at a time when employment is at joint record rate of 74.8% and unemployment at a 42-year low of 4.6%, driven almost entirely in the latest quarter by relatively strong growth in full-time jobs for employees on permanent contracts. Hard times and near full employment make strange bedfellows, highlighting the extent to which a deregulated labour market with an abundance of workers available to fill low wage vacancies has altered the UK jobs landscape.”
UK  Brexit  GE2017  Austerity  wage  income  growth  inflation  living  standard  disposable  discretionary  spending  creditcard  credit  card  household  debt  personal  loan  secular  stagnation  GFC  recovery  bank  bailout  inequality  poverty  trap  tax  evasion  avoidance  taxation  capital  investment  economic  history 
june 2017 by asterisk2a
Yes this really is the end of Tory austerity – because it was never about economics in the first place | The Independent
[private sector will pick up the tap - the households did, but not corporations! bc long-term ROI growth in not attractive in the west w secular stagnation! see Richard Koo ] But it was a very long time coming. It became clear within a year of George Osborne’s 2010 “emergency budget”, which forced through huge cuts in capital budgets and an intense squeeze on Whitehall departments and welfare spending, that the austerity medicine was hurting, not helping.

The economy was flatlining, teetering on the verge of recession. Whether this was primarily due to the crisis in the neighbouring eurozone and a spike in global oil prices or because the negative knock-on impact of the government’s domestic spending cuts was bigger than initially thought is still debated by economists.
Austerity  Brexit  GE2017  Confidence  Fairy  GFC  bank  bailout  welfare  state  living  standard  deficit  debt  government  household  personal  loan  credit  card  creditcard  underinvestment  inequality  economic  history  social  mobility  income  growth  wage  disposable  discretionary  spending  gini  coefficient  tax  evasion  avoidance  taxation  corporate  taxcut  capital  labour  Productivity  output  gap  recovery  secular  stagnation  infrastructure  investment  Privatisation  Theresa  May  George  Osborne  David  Cameron  Ideology  neoliberal  neoliberalism  ZIRP  NIRP  QE  bond  bubble  asset  reflation  housing  distortion  malinvestment  stimulus  Tories  nasty  party  Conservative  RichardKoo  Koo  Richard 
june 2017 by asterisk2a
Internationaler Währungsfonds: IWF fordert höhere Vermögensabgaben in Deutschland - SPIEGEL ONLINE
Überraschende Wahlkampfhilfe für SPD-Kanzlerkandidat Schulz: Der IWF will von Deutschland laut einem Zeitungsbericht höhere Steuern auf Eigentum fordern. Untere Einkommen würden dagegen zu stark belastet. // System is Rigged in UK - https://www.youtube.com/watch?v=jujJ-QoBiFY
IMF  GE2017  Super  Rich  1%  Plutocracy  Oligarchy  lobby  revolving  door  Germany  UK  USA  inequality  social  mobility  income  gini  Coefficient  tax  evasion  avoidance  Capital  Picketty  Kapital  no  representation  Brexit  GFC  bank  bailout  recovery  trickle-down 
may 2017 by asterisk2a
The ten graphs which show how Britain became a wholly owned subsidiary of the City of London (and what we can do about it) – New thinking for the British economy
[ uk banks overinvested enabled by political policy into houses and high streets. underinvested in productive capital like R&D companies in general etc ] >> But it doesn’t increase the productive capacity of the economy one iota: a more expensive house doesn’t produce more intelligent children, and a higher share price doesn’t boost a company’s productivity (though it can indirectly boost its capacity to raise funds for investment). [...] Debt-financed asset purchases are thus fundamentally a Ponzi activity: // not just tight housing supply is increasing prices, but also easy credit/debt/mortgage market! // [...] ultimately, there is a limit to just how much debt individuals and corporations can take on – even with low interest rates
UK  ZIRP  NIRP  QE  housing  market  mortgage  household  consumer  debt  disposable  income  servitude  GFC  recovery  wage  growth  Ponzi  asset  capital  Kapital  BOE  credit  card  affordable  social  servicing  default  rate  insolvency  speculation  unintended  consequences  economic  history  consumption  secular  stagnation  Brexit  policy  fiscal  monetary  Mark  Carney  underinvestment  productivity  R&D  Career  Politicians  Margaret  Thatcher 
may 2017 by asterisk2a
Donald Trump, Marine Le Pen: Wie Wirtschaftskrisen Populisten helfen - Kolumne - SPIEGEL ONLINE
All das passt zu Zahlen, wonach - auch in Deutschland - eine große Minderheit seit Jahrzehnten real an Einkommen verliert. Und der Abstand zwischen Gewinnern und Verlierern atemberaubend groß geworden ist. Und es passt zum verbreiteten Gefühl, dass nur noch schwer nachzuvollziehen ist, welche Macht Konzerne ausüben. Und wie wenig die Regierungen dem noch entgegenzusetzen haben. [...] All das lässt sich nicht mit ein bisschen mehr Konjunktur beseitigen. Wie der französische Ökonom Thomas Piketty diagnostiziert hat, gibt es eine fast automatische Verschärfung der Ungleichheit - schon weil mit großem Geld mehr zu verdienen ist als mit harter Arbeit.
DonaldTrump  MarineLePen  Donald  Trump  Brexit  UKIP  UK  USA  Germany  AfD  France  Frankreich  Populism  demagogue  far-right  right-wing  alt-right  White  Supremacy  Centrist  GFC  recovery  secular  stagnation  dot.com  Abstiegsangst  Middle  Class  Precariat  working  poor  neoliberalism  crony  capitalism  Austerity  Schuldenbremse  Fiscal  Pact  European  Union  Privatisation  workers  trade  Hartz-IV  ALG2  Aufstocker  Altersarmut  Globalisation  insecurity  Geert  Wilders  Protest  Vote  voterturnout  turnout  Democracy  inequality  gini  coefficient  Super  Rich  1%  Plutocracy  Oligarchy  tax  evasion  avoidance  lobby  TTIP  CETA  income  distribution  poverty  trap  Kapital  vested  interest  Capital  Thomas  Piketty  structural  unemployment  underemployed  underemployment  part-time 
may 2017 by asterisk2a
(453) James O'Brien (and Incorrigible) solve the housing crisis - YouTube
thatcher banned councils from borrowing money to build council houses/flats. ie w 50, 100 year loans. Councils would be making profit in the end by owning capital. Thatcher didnt like it, banned it. market and private capital knows best how to make profit. governments not allowed to make profits ROI on investment. Now +1bn housing benefit goes to private landlord. and 1/3 of ex council social housing is rented out by private landlords.
UK  Margaret  Thatcher  Privatisation  Social  Housing  affordable  Council  Tories  Conservative  Party  nasty  crisis  profit  maximisation  capitalism  Government  Capital  Kapital  ROI  rent  seeking  rentier  underinvestment  infrastructure  investment  GFC  recovery  immigration  demographic  bubble  England  economic  history  Tony  Blair  Labour  GE2017  Thomas  Piketty  neoliberal  neoliberalism  Brexit 
may 2017 by asterisk2a
(200) Noam Chomsky - What We Really Want - YouTube
dignity and self-worth, independence. // primitive wage labour is slavery. // informed consumers making rational choices ... credit cards is the inverse! //
UBI  Grundeinkommen  Consumerism  Materialism  Alain  de  Botton  Chomsky  consumer  consumerist  Retail  Therapy  coping  mechanism  Selbstdarstellung  Selbstfürsorge  Capitalism  Capital  Advertising  TV  creativity  Universal  Basic  Income  creditcard  credit  card  Brand  Status  Anxiety  Social  Media  life  lesson  Minimalism 
april 2017 by asterisk2a
BBC investigating TV licence fee collectors - BBC News
Capita said its incentive scheme only applied to sales of licence fees and it only prosecuted as a last resort.
A spokesman added: "Capita is required by the BBC to ensure households are not breaking the law. Officers are expected to act in a professional manner.
"We strongly refute any allegation that officers are instructed to act outside of these requirements. Where we find employees have not acted as they should we act appropriately."
Downing Street said ministers would be raising the conduct of the enforcement officers with the BBC.
UK  Privatisation  Capital  Austerity 
february 2017 by asterisk2a
Mario Draghi in der Kritik: "Die Geldpolitik macht den Kapitalismus kaputt" - SPIEGEL ONLINE
Danach kamen die Übertreibungen am US-Immobilienmarkt, im Süden der Eurozone und auf den Rohstoffmärkten. Wir haben es mit einer Kette wandernder Blasen zu tun, die von der Geldpolitik getrieben werden. Die neue Blase bildet sich nie dort, wo zuvor die alte geplatzt ist. Die Regierungen reagieren auf einen Crash mit schärferen Regeln, aber die Spekulation ist ihnen immer einen Schritt voraus.
GFC  recovery  economic  history  ZIRP  NIRP  QE  ECB  BOE  Fed  USA  UK  Europe  European  Union  PIGS  secular  stagnation  household  debt  consumer  car  loan  student  credit  card  private  Austerity  IMF  OECD  Dodd-Frank  self-regulation  Regulation  regulators  FSA  BaFin  speculation  speculative  ROI  productivity  output  gap  inflation  targeting  monetary  policy  fiscal  Schuldenbremse  Pact  inequality  capital  assets  gini  Coefficient  Super  Rich  1%  10%  Plutocracy  Oligarchy  bank  bailout  zombie  NPL 
february 2017 by asterisk2a
Hannah Arendt - Die Pflicht zum Ungehorsam (2015) - YouTube
'as individuum you dont have power, only in collective' << see Byung-Chul Han the 'depressive, weak, singled out individual who exploits him or her or they self. // Eichmann wie Trump w Daniel Hannahn wie Boris Johnson ein Hanswurst! EINer von vielen HANSwurst. klug aber dumm, banalitaet. 'Der unwille was mit dem anderen ist.' // 'Je oberflaechlicher jemand ist, desto eher wird sich jemand der banalitaet des boesen ergeben.' ie use of bigotry, prejudice, stigmata, cliche, alternative facts, ... xenohobia, hate speech,// Totalitarianism 14:15 - for far-right to rise, authoritarians, populismus to rise, need to create Luegenwelt, post-truth, post- fact, emotions only, alternative facts, ... brotbrett mit brotkrumen aud ihr doktrinen schnallen. Eine welt nur mut brotkrumen, da kann das funktionieren. Wo man sich ueber die Brokkrumen streitet (see NHS foreign patients charges debate). Adressing the emotional needs better than the centrists and the left, which also isnt reality. // Brexit also perpetuated as "Allmaechtig" single solution to all worries, needs, wants. // Ideology creates the evil itself. Ideology to monopolise truth. destroyes thinking as individual and perosnal individual judgement. // arends totalitarianism is classic, today w social media and internet and filter bubble it is neo-totalitarianism!!! no central organ it is a network connected riding on the same wave length for the same purpose.
Hannah  Arendt  workers  union  trade  Byung-Chul  Han  Selbstdarstellung  Selbstausbeutung  book  Philosophy  Soziologie  Sociology  Alain  de  Botton  Status  Anxiety  rat  race  Consumer  Consumerism  Selfie  Self-Employment  gig  economy  1099  Platform  Capitalism  Corporate  corporatism  neoliberalism  neoliberal  crony  Zeitarbeit  Leiharbeit  zero  hour  contract  Contractor  Productivity  burnout  GFC  recovery  bank  bailout  Agenda2010  hartz-IV  DonaldTrump  Donald  Trump  Brexit  TTIP  Capital  CETA  TTP  TISA  Boris  Johnson  Theresa  May  Superficial  Evil  prejudice  bigot  bigotry  far-right  right-wing  White  Supremacy  alt-right  neo-Nazi  Xenophobia  Homophobia  transphobia  Fremdenfeindlichkeit  Ausländerfeindlichkeit  Racism  Stigma  Sexismus  Sexism  Misogynie  misogyny  gender-based  discrimination  inequality  BAME  Equality  Resistance 
february 2017 by asterisk2a
In Conversation with Mark Blyth: George Bernard Shaw - Theater, Economics and Social Justice - YouTube
we feel the narrative the story not facts. this is post-truth politics. [...] you dont create wealth w income. your create wealth w investment in assets/capital. you can save some of your income for pension. but you cant reate wealth w labour income.
Donald  Trump  economic  history  neoliberal  neoliberalism  AfD  UKIP  Brexit  Front  National  UK  USA  Germany  crony  capitalism  bank  bailout  austerity  wage  growth  globalisation  globalization  Mark  Blyth  Politics  Lobby  Capital  income 
october 2016 by asterisk2a
ARM chip designer to be bought by Japan's Softbank
ARM-Who? bbc.in/29OUgUM //&! 43% premium // on.recode.net/29On8LK - One key question is whether other firms will let SoftBank purchase ARM or if there will be a bidding war. Apple, arguably ARM’s most important client, and Intel, which lost the mobile chip war to ARM, are both potential buyers. The offer is already a generous multiple. As the FT notes, it’s some 70 times ARM’s net income last year. That’s around the same price-to-earnings ratio as Facebook stock. //&! politicians grasping for a positive headline - bit.ly/29OyjUD - bit.ly/2an8nk6 &! bit.ly/29PpN7N &! bit.ly/29ODbdM << calling a takeover/M&A an investment is criminal. Softbank will extract value out of it for its shareholders. What else?! &! Labeling Softbank as a japanese company; bbc.in/29OhqdK &! Vince Cable worried - bbc.in/2a3c95T &! youtu.be/T4IZdNW-e5U :: M&A is not investment, stupid! misleading people.
M&A  SoftBank  Capital  shareholder  value  shareholder  capitalism  dividends  smart  phone  IoT  profit  maximisation  profit  maximization  equity  bubble  distortion  hunt  for  yield  ARM  Venture  Capital  ROI  Tories  nasty  party  Conservative  technological  unemployment  research  R&D  productive  investment  Intel  Apple 
july 2016 by asterisk2a
Bancopalypse 2.0 - Some Disturbing Figures From The Looming Financial Crisis | Zero Hedge
Well-capitalized banks are supposed to have double-digit capital levels while making low risk investments.

Deutsche Bank, on the other hand, has a capital level of less that 3% (just like Lehman), and an incredibly risky asset base that boasts notional derivatives exposure of more than $70 trillion, roughly the size of world GDP.

Even the IMF has stated unequivocally that Deutsche Bank poses the greatest risk to global financial stability.

And the IMF would be right… except for all the other banks.

Because, meanwhile in Italy, nearly the entire Italian banking system is rapidly sliding into insolvency.

Italian banks are sitting on over 360 billion euros in bad loans right now and are in desperate need of a massive bailout.

IMF calculations show that Italian banks’ capital levels are among the lowest in the world, just ahead of Bangladesh.
Deutsche  Bank  derivatives  financial  instruments  BaFin  BuBa  European  Bank  Supervision  Italy  Spain  stresstest  PIGS  zombie  zombie  banks  non-performing  loan  capital  reserves  ECB  MarioDraghi  sovereign  debt  crisis  economic  history  Wolfgang  Schäuble  Angela  Merkel  banking  union  systemic  risk  systemicrisk  systemrelevant  systemrelevanz  TBTF  toobigtofail  too  big  to  bail  too  big  to  fail 
july 2016 by asterisk2a
The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
Is Stephen Crabb the man to tackle this age of extreme inequality?
The Panama Papers will lead to the dynamiting of Tory credibility, but new work and pensions secretary, Stephen Crabb, is unlikely to prove the saviour of his party’s reputation. [...] Last autumn’s U-turn over cuts to working tax credits was a smoke screen. The axe will fall, only not everywhere, not just yet. From this week, existing universal credit claimants will lose up to £220 a month as the work allowance is pared back faster than the national living wage increases to replace it. [...] Short of taking a vow of poverty and retreating like Charles V to a monastery, there is nothing he can say now that will change the perception that he is at the head of a party that has a fundamental personal interest in preserving the advantages of the 1%.
Stephen  Crabb  nasty  party  tax  credit  Universal  Iain  Duncan  Smith  welfare  reform  welfare  state  poverty  trap  poverty  child  poverty  social  safety  net  sanctions  JSA  ESA  PIP  Disabled  vulnerable  mental  health  austerity  George  Osborne  David  Cameron  Tories  Conservative  Positioning  PR  spin  doctor  manufactured  consent  snap  judgement  prejudice  triple-lock  pension  Generationengerechtigkeit  fairness  bank  bailout  budget  deficit  aggregate  demand  Budget2016  budget2015  general  election  2015  election  campaign  promises  Funding  constituency  Super  Rich  oligarchy  plutocracy  Confidence  Fairy  1%  democracy  food  poverty  fuel  poverty  tax  evasion  tax  amnesty  tax  avoidance  Panama  Papers  offshore  banking  tax  loopoles  lobby  No  Representation  Career  Politicians  Gini  coefficient  inequality  social  mobility  income  mobility  deprivation  crony  capitalism  shareholder  capitalism  corporate  welfare  HMRC  revolving  door  corporate  tax  rate  capital  gains  tax  DLA  Independent  Living  Fund  Holyrood 
april 2016 by asterisk2a
Yanis Varoufakis: »MONEY AND POWER«, Public Lecture 2015-11-04
3rd bailout loan $0 went to Greece. All to pay off banks. extend & pretend. 1st: ~90% went to the banks. [...] ESM does not exist [...] banking union plan not progressing at all. //&! Yanis Varoufakis @Oxford Union - youtu.be/zWB6lY2GBjQ - ACADEMIA LACKS ANTI-ESTABLISHMENT ATTITUDE! Because going against the grain has become anti-reputation. [...] it's all about expectations, predictions about where S&P500 will be in 12 months. [...] regression between theory and reality. economists have never been humble. [ see Wall Street cottage factory of analysis and prediction shops ] [...] if you torture the data and model enough it will confess. [< EU monetary union based on theory ] [...] [34:00] Brussels is technically incompetent and will not reform itself. I am a libertarian marxist. Schumpeter. true creative destruction. great wealth currently created - all going to 1%. = not humanitarian. not democratic. [...] 41:00 Q&A, <48:50> gov budget not same as household budget; George Osborne.
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april 2016 by asterisk2a
What the Panama Papers Tells Us About Global Capitalism
never seen David Cameron red-faced, so much! [...] sold in 2010!? And what was before that time? The time he was a MP!? [...] we are not all in this together, for sure! // book the hidden wealth of nations. - 7-8trn tax evasion and avoidance - not taxed. //&! Rumble - Just like FDR - Bernie Welcomes the GE CEO Hatred... - youtu.be/jT7NIoDS1gw - taking advantage of the tax laws THEY MADE.
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april 2016 by asterisk2a
The Week Ahead: the return of the nasty party and a good week for Brexit
David Cameron and George Osborne wanted to cut even more! //&! Nicky Morgan's embarrassing interview over Tory cuts to disabled welfare - youtu.be/hjk06tjx_xQ //&! Jeremy Corbyn - youtu.be/Ain-IP4pHCk //&! IFS: cutting disability benefits to fund tax cuts is a political choice - youtu.be/xVBf9dSa9Mw //&! MANIFESTO Election Campaign Promises - Tories hoist by their own petard over disability cuts - youtu.be/N8VijFKLQek //&! also closed Independent Living Fund - youtu.be/nurjzK5VPAI //& "The electorate don't mind. Those who vote aren't affected." *George Osborne - youtu.be/N8VijFKLQek - WCA to bring down bill by kicking people off was a pipedream & Universal Credit is a real cut in benefits. //&! Nicky Morgan's nightmare defending Osborne's nasty budget - youtu.be/Y9YNcQF4t8I - 12bn cuts were promised in Manifesto 2015. 4.4 tried through PIP. youtu.be/5-3Bp7qzj4Y (pre-election) //& cutting corporation tax (& capital gains tax) - youtu.be/gZ6qNHLnbs0 &! Analysis - youtu.be/v-qmvI9s3pE
Iain  Duncan  Smith  Brexit  Tories  Conservative  Party  DWP  austerity  George  Osborne  David  Cameron  Toff  dogma  ideology  Establishment  general  election  2020  economic  history  recovery  tax  credit  ILA  PIP  Universal  Budget2016  Westminster  Whitehall  ESA  tax  cut  welfare  reform  welfare  state  social  safety  net  Disabled  vulnerable  JSA  sanctions  PR  spin  doctor  Positioning  manufactured  consent  bank  bailout  budget  deficit  corporate  tax  rate  capital  gains  tax  Boris  Johnson  Gini  coefficient  social  mobility  income  mobility  inequality  child  poverty  fuel  poverty  Generationengerechtigkeit  fairness  poverty  trap  education  policy  Academy  Nicky  Morgan  Michael  Gove  Ofsted  nasty  inheritance  tax  Manifesto  general  election  2015  IFS  OBR  Fiscal  Pact  Schuldenbremse  triple-lock  pension  babyboomers  NHS  constituency  Party  Funding  property  bubble  constituency  babyboomers  pension  obligation  WCA  Foodbank 
april 2016 by asterisk2a
Public Investment Payoff Not Necessarily About Efficiency
electrification of public rail - reduce emissions and improve public health (health hazard of diesel train engines proven - for passengers and residents). also improve public health - people ditching their cars! // 8:40 each additional public capital investment might be less valuable after the first road to the sea port. but that does not factor in types and public health and safety. road vs train. diesel train vs electric train. slow train vs faster electric magnetic safe low maintenance train w auto pilot (augmented intelligence). less public health risks, less health hazard, more public safety = less economic damage through a less sicker population (health care cost, health care demand, less work hours lost, higher productivity - healthy, happy people) but micro and macro economists do not put this into their GDP - well being, happiness, public health. // beijings hazardous hair will prove to be hughe economic cost (public health) down the road (chronic pulmonary conditions and cancer = lower productivity, lower discretionary spending because of spending goes to medicine and medical care and down the road leads to old age poverty for some if not the family).
underinvestment  public  investment  austerity  infrastructure  investment  infrastructure  productivity  productivity  gap  productive  investment  rentier  rent-seeking  commute  commuter  commuting  well  being  public  health  UK  Fossil  fuel  industry  fuel  public  health  policy  Richard  Koo  economic  history  recovery  dogma  ideology  free  market  neoliberal  neoliberalism  microeconomic  policy  added  value  USA  investment  spending  R&D  nominal  GDP  targeting  GDP  George  Osborne  output  gap  public  capital  ROI 
april 2016 by asterisk2a
Börsenpläne von Spotify: Der Sound der Zocker
Eine Milliarde Dollar (880 Millionen Euro) leiht sich der Musikdienst laut "Wall Street Journal" bei Finanzinvestoren und der Großbank Goldman Sachs. Spotify verspricht den Geldgebern neben Zinszahlungen auch Anteile am Unternehmen. Wie viel Spotify zahlen muss und in welcher Größenordnung Anteile den Besitzer wechseln, hängt davon ab, wann die Schweden an die Börse gehen. Mit jedem Halbjahr, in dem das Start-up die Erstemission herauszögert, wird es jedenfalls teurer.

Das macht den Deal hochriskant für Spotify: Von Profitabilität ist der Dienst weit entfernt, 2014 fuhr der Dienst einen Verlust von 162 Millionen Euro ein. Die neuen Schulden könnten das Unternehmen in einen ruinösen Strudel von schrumpfenden Geldreserven, drückender Zinslast und immer mieseren Börsenaussichten reißen. [...] [ M&A out of question ] &! bit.ly/1MYHBK4 &! on.recode.net/1oo4GQ1
Spotify  IPO  growth  round  Private  Equity  Goldman  Sachs  liquidation  preferences  termsheet  Box  Aaron  Levie  Apple  Music  Apple  Google  Inc.  Google  Play  Music  Google  Play  Amazon  Prime  Amazon  M&A  Soundcloud  Deezer  Rdio  Pandora  Microsoft  Venture  Capital  Unicorn  business  model  subscription  model  freemium 
april 2016 by asterisk2a
German Banks Told To Start Hoarding Cash | Zero Hedge
In order to generate artificial economic growth, the ECB wants banks to make as many loans as possible, no matter how stupid or idiotic. They believe that economic growth is simply a function of loans. The more money that’s loaned out, the more the economy will grow. This is the sort of theory that works really well in an economic textbook. But it doesn’t work so well in a history textbook. Cheap money encourages risky behavior. It gives banks an incentive to give ‘no money down’ loans to homeless people with no employment history. It creates bubbles (like the housing bubble from 10 years ago), and ultimately, financial panics (like the banking crisis from 8 years ago). Banks are supposed to be conservative, responsible managers of other people’s money. When central bank policies penalize that practice, bad things tend to happen.
Richard  Koo  aggregate  demand  austerity  fiscal  policy  Pact  Schuldenbremse  economic  history  ZIRP  NIRP  QE  distortion  financial  repression  hunt  for  yield  speculative  bubbles  speculative  speculation  Venture  Capital  Mutual  Fund  Private  Equity  reflate  reflation  recovery  GFC  debtoverhang  liquidity  trap  zombie  banks  deleveraging  Debt  Super  Cycle  secular  stagnation  consumer  wage  stagnation  squeezed  middle  class  disposable  income  discretionary  spending  marginal  propensity  to  consume  tax  evasion  tax  avoidance  oligarchy  plutocracy  Super  Rich  1%  household  car  loan  credit  card  student  loan  student  loan  student  Bubble  generation  rent  OMT  job  creation  Service  Sector  Jobs  working  poor  precarious  work  Precariat  Zero  Hour  Contract  Contractor  Leiharbeit  Zeitarbeit  Agenda  2010  low  pay  low  income  TLTRO  LTRO  monetary  transmission  mechanism  velocity  of  money 
march 2016 by asterisk2a
Die Macht der Finanzkonzerne - Wie Blackrock mittels Geld die Welt regiert - YouTube
extraction of fat. no skin in the game. // Privatisation of housing stock - social and affordable, anglo saxon capitalism style; profit maximisation, dividends. // after Goldman Sachs the new vampiresquid // no skin in game; get money for speculation from pension funds, other investors, mutual funds. << that is the system! // nur wer geld hat, kann es vermehren. // nearly no governance, no guidelines regarding sustainability, ethics, transparency, morals. // no regulation = big profit and exploitation, corruption, bribery.
BlackRock  MBO  LBO  M&A  Private  Equity  financial  product  Hedge  Fund  Black  Swan  blackswan  Nassim  Taleb  self-regulation  Mutual  Fund  Venture  Capital  risk  governance  corporate  governance  lobbyist  lobby  Lobbying  Wall  Street  shareholder  value  profit  maximisation  activist  investor  Main  Street  accountability  transparency  mainstreet  arbitrage  squeezed  middle  class  wage  stagnation  bonuses  bonus  speculation  revolving  door  regulation  regulators  Career  Politicians  CEO  pay  dividends  Heuschrecken  ROI  speculative  sustainability  tax  code  ethics  corporate  scandal  accounting  scandal  oligarchy  plutocracy  Super  Rich  1%  GFC  sovereign  debt  crisis 
february 2016 by asterisk2a
Matt Taibbi: Mitt Romney and the Looting of America (1/2) - YouTube
https://de.wikipedia.org/wiki/Heuschreckendebatte // companies turned into financial instruments. // fictionalisation of economy // >> money spend (debt) on hostile takeover/LBO/MBO/M&A are tax deductible! << = invest in debt, rather than equity! & carried interest is only taxed at 15% max. still can reduce it w deductions xyz. // !!! NO SKIN IN THE GAME !!! Nassim Taleb //
Mitt  Romney  risk  capital  Venture  LBO  MBO  Wall  Street  M&A  shareholder  value  profit  maximisation  multinational  conglomerate  Mafia  Private  Equity  oligarchy  plutocracy  Super  Rich  1%  activist  investor  share  buyback  Hedge  Fund  Heuschrecken  bankruptcy  public  sentiment  public  awareness  creative  destruction  financial  product  self-regulation  regulation  regulators  BlackRock  Bain  CEO  pay  bonuses  bonus  squeezed  middle  class  Blackstone  dividends  mainstream  Main  Street  hostile  takeover  USA  lobbyist  lobby  Lobbying  tax  code  Nassim  Taleb  vested  interest  interest  groups  Career  Politicians 
february 2016 by asterisk2a
Inside How Mutual Funds Value Private Tech — The Information
The sudden and sizable valuation markdowns of high-flying private companies like Snapchat, Dropbox and Zenefits by mutual fund investors has been one of the biggest stories in tech, sowing fears that the market is deflating. They’ve also caused consternation among founders, who have had to defend their companies’ earlier valuations to employees.
downround  growth  round  Mutual  Fund  SPV  Uber  Zenefits  Snapchat  Silicon  Valley  DropBox  hunt  for  yield  ZIRP  NIRP  QE  speculative  bubbles  risk  capital  liquidation  preferences  termsheet  asset  allocation  distortion  Lyft  equity  bubble  reflate  reflation  financial  repression  New  Normal  secular  stagnation  hot-money  BRIC  emerging  market  Frontier  Markets 
february 2016 by asterisk2a
Pando: Does a VC’s unconscious hesitation to fund women start at home?
It’s widely acknowledged (by most of us anyway) that there is a culture problem within startups that makes women want to go elsewhere and that there’s some serious unconscious bias going on. But untangling that knot of unconscious bias-- even talking about it the wrong way-- is like defusing a gender bomb
Silicon  Valley  gender  inequality  gender-based  discrimination  gender-based  harassment  confirmation  bias  gender  bias  selection  bias  bias  snap  judgement  HR  human  resources  gender  policing  gender  politics  gender  pay  gap  gender  gap  meritocracy  meritocratic  boys  club  everyday  sexism  sexism  sexismus  misogyny  Misogynie  male  privilege  straight  white  male  white  male  privilege  Venture  Capital 
february 2016 by asterisk2a
The "Tourist" Investors Flooding Silicon Valley With Money Will Go Home One Day - BuzzFeed News
The tourist analogy comes from Mohamed El-Erian, chief economic advisor at the German financial company Allianz and former CEO of mutual fund giant Pimco. He fleshes out his theory of “tourist dollars” in his new book, The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse, describing what happens in emerging economies like Brazil and India when investors from the developed world respond to slow economies at home by seeking more profitable climates abroad. Ranjan Roy, a former emerging-market currencies trader who now runs a tech startup, wrote a Medium post this week connecting El-Erian’s “tourist” theory to the mutual fund investors that have flooded Silicon Valley with cash in recent years. The post was pretty convincing, so we decided to see if El-Erian agreed. He does. And he worries about what those tourist dollars are doing to the locals. [...] they don’t re-up [ like VC's and real Angels would do ] [...] push to stretch for return.
hunt  for  yield  distortion  speculative  bubbles  asset  allocation  Silicon  Valley  Party  Round  Angel  Investor  Seed  Round  ZIRP  NIRP  QE  hot-money  Mutual  Fund  growth  risk  capital  Venture  Frontier  Markets  emerging  market  credit  bubble  China  BRIC  2015  2016  2014  Unicorn  reflate  reflation  economic  history  equity  bubble  bond  bubble  property  bubble  asset  bubble  secular  stagnation  emerging  middle  class  India  financial  repression  behavioral  finance  behavioral  economics  psychology  fiscal  policy  monetary  policy  austerity  Richard  Koo 
february 2016 by asterisk2a
As growth falters, Osborne hopes Mark Carney can keep a lid on interest rates | Business | The Guardian
The chancellor faces lower GDP and lower tax receipts as a result. So it’s vital that consumers’ desire to keep spending isn’t hit by a nasty shock from the Bank [ // Confidence Fairy // ] The Bank of England has downgraded its forecasts for the UK’s GDP growth and the outlook for wages, most likely robbing the exchequer of vital income tax receipts. And without the funds to maintain pensions and health service spending, his critics will gleefully play back the speech from last November during which he declared that Britain was on the road to becoming “the most prosperous and secure of all the major nations of the world”. [...] Yet his words ring hollow when so many of the post-crash problems are still with us, from the burden of high private and public debts to Europe’s rapidly ageing population, which encourage saving over investment, and a reluctance from government and big business to boost capital spending.
George  Osborne  secular  stagnation  2016  2015  Mark  Carney  BOE  consumer  debt  household  debt  mortgage  market  subprime  credit  card  debt  zombie  consumer  UK  GDP  output  gap  productivity  job  creation  Service  Sector  Jobs  recovery  economic  history  austerity  underinvestment  business  investment  public  investment  fiscal  policy  monetary  policy  Richard  Koo  Paul  Krugman  David  Cameron  nasty  party  Conservative  Tories  short-termism  credit  bubble  debtoverhang  debt  servitude  disposable  income  discretionary  spending  marginal  propensity  to  consume  Funding  1%  financial  repression  New  Normal  constituency  babyboomers  oligarchy  Gini  coefficient  income  distribution  income  inequality  plutocracy  Super  Rich  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  income  growth  low  pay  low  income  wage  growth  economic  growth  precarious  work  Precariat  tax  credit  tax  free  income  corporate  tax  rate  minimum  wage  budget2015  Food  Bank  foreign  direct  investment  productive  investment  infrastructure  investment  demographic  bubble  western  world  USA  European  Union  ageing  population  CapEx  Capital  Expenditure  zombie  corporations  zombie  banks 
february 2016 by asterisk2a
Masters in Business: Yale Professor Robert Shiller (Audio) by Bloomberg View
history has proven again, markets are not efficient long-term // psychology is disreputable in econ department. // cognitive dissonance - justifying X action by looking around ... / Efficient-market hypothesis is a hypothesis for a reason; "it's a half-truth" "sometimes market moves don't reflect market news." // irrational exuberance // book fooled by randomness // 24:00 eugene phama - markets are very efficient, prices reflect all the knowledge out there, just buy the index, don't try to beat the market. buy passive index // don't play poker with your life savings. << robert shiller // 30:00 look at politics science, sociology, psychology - influence markets, people. broader disciplines. economists disregard them. // finance is about manage risk! about being a productive society and progress, and not suffer from boom and bust cycle! + financing activities ie VC gov supported R&D // & gov being a support pillar for all and not picking winners, can't forecast the future!
free  market  marketplace  efficiencies  marketplace  inefficiencies  efficient-market  hypothesis  complexity  human  Wall  Street  crowd  herd  herding  speculative  bubbles  distortion  economic  history  GFC  subprime  book  Robert  Shiller  robertshiller  behavioral  finance  behavioral  economics  finance  corporate  welfare  subsidies  subsidizing  corporate  tax  rate  R&D  Venture  Capital  Angel  Investor  Seed  Round  risk  pension  fund  pension  obligation  401k  public  pension  pension  scheme  pension  marginal  propensity  to  consume  plutocracy  Super  Rich  1%  Greed  oligarchy  self-regulation  disposable  income  discretionary  spending  negative  equity  boom  &  bust  secular  stagnation  shareholder  value  profit  maximisation 
february 2016 by asterisk2a
Pando: Sources: Vegas-based Work In Progress co-work space is shutting its doors
Organic is better is more sustainable // Vegas Downtown Project // have a framework (macroprudential policy), but don't pick winners, cities, regions, ... roundabouts. // semiconductor boom bust in scotland, outside glasgow, area - via tax breaks (ie IBM spango vallye)
free  market  Venture  Capital  subsidies  subsidizing  corporate  welfare  Silicon  Valley  Vegas  Downtown  Project  Berlin  Start-Up  Scene  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  Silicon  Alley  economic  history  fossil  fuel  renewable  energy  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  tax  code  fiscal  policy  industrial  policy  job  creation  STEM  Manufacturing  dogma  trickle-down  economics  neoliberalism  neoliberal  Career  Politicians  No  Representation  short-termism  Opportunism  opportunist  microeconomic  policy  macroprudential  policy  macroeconomic  policy  intellectual  property  IP  progressive  tax  code  tax  evasion  tax  avoidance  democracy  social  democracy  fairness 
february 2016 by asterisk2a
The end of Twitter? Not for its users – we love this great leveller | Dan Snow | Opinion | The Guardian
The greatest strength of Twitter – its revolutionary democratisation of discourse – is now its terminal weakness. It turns out the elite don’t like the global forum. [...] Twitter is not for telling your imaginary friends you have an itchy toe. It’s a personalised news feed, and I love it [ NEWSFEED ] [...] Twitter might not work for venture capitalists. But it works for me.
Twitter  Facebook  Newsfeed  Wall  Street  Venture  Capital  profit  maximisation  shareholder  value  capitalism 
february 2016 by asterisk2a
Pando: Two slides that could predict a worse quarter for venture capital is coming
All of 2015’s totals lived and died on mega-deals. Mega-deals were the reason that the total amount invested in the year was one of the highest on record, even though the actual number of deals fell. It’s the reason the fourth quarter’s venture capital total fell so sharply when mega deals declined some 45%. //&! As America faces the techpocalypse, how are things going in Europe? - bit.ly/1ndNFZt //&! If Doordash is struggling to close funding with Sequoia as a lead, how bad are things at your startup? - bit.ly/1njD8v9 - Doordash is a fundable company, just not at the prices originally discussed… and maybe not even at $600 million. //&! Asian venture capital in 2016: This could get ugly… - It has the farthest to fall, and the newest investors - bit.ly/1Pg8vla
growth  round  Venture  Capital  ZIRP  NIRP  QE  distortion  Silicon  Valley  Private  Equity  Mutual  Fund  Angel  Investor  Seed  Party  Private  Market  Hype  Cycle  Unicorn  China  credit  bubble  monetary  policy  liquidity  trap  speculative  bubbles  asset  bubble  asset  allocation  QT  Software  Is  Eating  The  World  mobile  homescreen 
january 2016 by asterisk2a
The Deflation Monster Has Arrived | Zero Hedge
the world’s grand experiment with debt has come to an end. And it’s now unraveling. [...] The next thing is to give money to Main Street. [...] Either way, money will be printed out of thin air and given to you. That’s what’s coming next. Possibly after a failed attempt at demanding negative interest rates from the banks. But coming it is. [...] Once people lose faith in their currency all bets are off. The smart people will be those who take their fresh central bank money and spend it before the next guy.
deflationary  deflation  debt  servitude  credit  bubble  squeezed  middle  class  working  poor  secular  stagnation  UK  USA  Europe  western  world  Precariat  precarious  work  household  debt  Richard  Koo  GFC  China  recovery  property  bubble  subprime  economic  history  neoliberalism  neoliberal  Wall  Street  shareholder  value  profit  maximisation  capitalism  crony  capitalism  exploitation  Super  Cycle  consumer  debt  credit  card  debt  car  loan  student  loan  debt  debtoverhang  NPL  sovereign  debt  crisis  private  debt  debt  monetisation  debt  monetization  ZIRP  NIRP  QE  bank  bailout  distortion  capital  allocation  asset  allocation  speculative  bubbles  financial  repression  2016  2015  fiscal  policy  monetary  policy  fiat  money  fiat  currency  trust  distrust  trustagent 
january 2016 by asterisk2a
Pando: Unicorns on fire: Funding falls dramatically in the fourth quarter, along with exits of all kinds
I predicted the second quarter of 2015 had to be peak mega round. Turns out, I was three months off. But now it’s official: The shit is hitting the fan. [...] In the third quarter, venture funding hit dot com funding levels with 2008 deals and $38.7 billion raised. In the fourth quarter, we saw the lowest deal tally since 2013, with just 1743 deals raising some $27.3 billion.
IPO  Unicorn  growth  round  ZIRP  NIRP  QE  distortion  Private  Market  Wall  Street  Fed  monetary  policy  USA  China  business  confidence  Silicon  Valley  Hype  Cycle  termsheet  liquidation  preferences  Private  Equity  Mutual  Fund  SPV  Venture  Capital  Angel  Investor  Seed  Oil  price  QT 
january 2016 by asterisk2a
Börsenabsturz in China: Der Kontrollverlust - Kommentar - SPIEGEL ONLINE
Der Börsen-Crash in China ist Symptom eines fundamentalen Wandels: Um den Wohlstand zu erhalten, muss die Regierung immer mehr Kontrolle abgeben. Die Allmacht der kommunistischen Partei gerät ins Wanken.
China  economic  history  SRD  Yuan  macroeconomic  policy  microeconomic  policy  corruption  bribery  regulation  regulators  liberal  economic  reform  economic  refugee  inequality  IMF  AIIB  World  Bank  Hegemony  PBOC  Gini  coefficient  social  safety  net  Services  Public  Services  discretionary  spending  disposable  income  pension  scheme  pension  pension  fund  asset  allocation  capital  allocation  ZIRP  NIRP  QE  credit  bubble  QT  monetary  policy  fiscal  policy  shadow  banking  NPL  2015  2016  shadow  economy  demographic  bubble 
january 2016 by asterisk2a
When a Unicorn Start-Up Stumbles, Its Employees Get Hurt - The New York Times
Just how punishing that price was became clear in late September. In an investor document about the sale that was distributed to shareholders, employees discovered their Good stock was valued at 44 cents a share, down from $4.32 a year earlier. In contrast, preferred stock owned by Good’s venture capitalists was worth almost seven times as much, more than $3 a share. The paperwork also showed that Good’s board had turned down an $825 million cash offer just six months earlier, in March. // via https://redd.it/3yehai
Unicorn  liquidation  preferences  Venture  Capital  termsheet  Start-Up  advice  Start-Up  lesson  downround  Private  Equity 
december 2015 by asterisk2a
BBC Radio 4 - Money Box, Student Finance - Necessary reform or the betrayal of a generation?
Student Finance - Necessary reform or the betrayal of a generation? Lord Willets, former Minister for Universities and Science and Sally Hunt, General Secretary of the University and College Union give their view on George Osborne’s plans. // shifting an item off the public balance sheet that he is held accountable, reducing the budget deficit. and the payback rate (threshold) is not progressive, gradual. the 9% added tax rate is fixed, after earning 21k. 29% tax vs 20%. also scheme does not subsidies interest rates as much as you would expected, as the state can loan at lower rates. broken also conditions at 2012, letters said conditions could change.
Student  Maintenance  Grant  budget2015  UK  austerity  George  Osborne  Career  Politicians  neoliberalism  neoliberal  social  mobility  income  mobility  Gini  coefficient  poverty  trap  debt  servitude  trickle-down  economics  education  policy  Generationengerechtigkeit  fairness  Tories  Conservative  Party  subsidies  subsidizing  inequality  income  inequality  STEM  attainment  gap  underinvestment  productive  investment  skills  gap  capital  skills  productivity  output  gap  job  creation 
december 2015 by asterisk2a
School debts 'have increased sharply' since 2013 - BBC News
State school debt in England and Wales has increased sharply in the past three years, as budgets tighten and cost pressures hit schools, a report says. [...] 'Cost pressures biting' The Department for Education added it was up to head teachers to prevent their schools from going into debt. "We have always been clear that local authorities need to work with schools to prevent any deficits and surpluses becoming significant," it said. [...] 'Protected budgets' Although the chancellor's Spending Review confirmed per pupil funding will be stable as numbers increase, the Institute of Fiscal Studies has warned there will be significant cost pressures of up to 8% on schools over the next five years. // [ Strong economy = Strong NHS ]
budget2015  George  Osborne  education  policy  austerity  Gini  coefficient  social  mobility  post  code  lottery  inequality  income  mobility  Generationengerechtigkeit  UK  Tories  nasty  party  Conservative  constituency  babyboomers  general  election  2015  election  campaign  promises  microeconomic  policy  macroeconomic  policy  economic  history  trickle-down  economics  tax  avoidance  tax  evasion  neoliberalism  neoliberal  PR  spin  doctor  reframing  framing  manufactured  consent  corporate  state  corporate  media  budget  deficit  fairness  bank  bailout  GFC  recovery  competitive  competitiveness  underinvestment  STEM  capital  skills  skills  gap  globalisation  globalization  borderless  flat  world 
december 2015 by asterisk2a
BBC Radio 2 - Steve Wright in the Afternoon, AA Gill, Simon Le Bon and Chris Ramsey, AA Gill talks to Steve Wright about his battle with the bottle
AA Gill talks to Steve Wright about his battle with the bottle - The columnist talks openly about his battle with alcoholism and his new book 'Pour Me'. // functioning. // still doesn't know why // may have a session with Gabor Mate about his childhood.
book  autobiography  Alcohol  abuse  alcoholism  mental  health  public  health  public  health  policy  sick  population  substance  abuse  childhood  development  childhood  trauma  Patriarchy  squeezed  middle  class  Escapeism  society  Wertegesellschaft  Gesellschaft  sociology  psychology  capitalism  human  capital  exploitation 
december 2015 by asterisk2a
The True Impact Of The Snapchat Writedown For Entrepreneurs | TechCrunch
Snapchat is worth a lot less this month than it was last month. Fidelity, one of tech’s most active late-stage cross-over investors, recently decided that Snapchat is worth about $23/share, instead of the $30/share initially estimated. It’s part of an ongoing trend of cross-over investors trying to figure out exactly what unicorns are worth. But what does that mean for the average entrepreneur? Not much. The bubble didn’t pop. It just landed back on our planet. The best thing you can do for yourself, your company, and your future investors is build a business that works in real life.
Snapchat  Unicorn  Silicon  Valley  Venture  Capital  growth  round  hunt  for  yield 
december 2015 by asterisk2a
Steuererhöhung: Nur für wen? - manager magazin
Cayman Islands, Ireland und Co sind aber nicht teil der G20. Duh. Und wo bitte ist beim sparen der progressive steuer satz? // Nun denkt Schäuble laut darüber nach, die Abgeltungsteuer abzuschaffen. Denn der automatische Informationsabgleich über Auslandskonten in den G20-Staaten rückt immer näher, 2017 soll es soweit sein. Der deutsche Fiskus wüsste also auch über Auslandskonten Bescheid. Erst am Donnerstag vergangener Woche beschloss der Bundestag ein entsprechendes Gesetz. Mit dabei sind mehr als 60 Staaten, darunter auch Luxemburg und die Schweiz. Bei soviel Transparenz wird Steuerhinterziehung schwierig. // Für Steuersünder werden die Verstecke weniger - bit.ly/1I6LteU
Wolfgang  Schäuble  capital  gains  tax  capital  gains  tax  evasion  tax  avoidance  offshore  banking  G20  fairness  Generationengerechtigkeit  income  distribution  income  redistribution  tax  code  inequality  Gini  coefficient  white-collar  crime  investment  banking  Career  Politicians  No  Representation  austerity  Angela  Merkel  neoliberalism  neoliberal  trickle-down  economics 
november 2015 by asterisk2a
The Information's 411-10/23 "Blood Feuds" by The Information Podcasts | Free Listening on SoundCloud
11:30 // science is hard. stupid. and a non-consumer product. duh. //&! HYPE CYLCE - on 5 magazine covers and not even public! because she is, as female science-based founder/ceo a rarity and it sells papers >> on.recode.net/1PcJ8zW - Theranos CEO Elizabeth Holmes’s Five Best Cover Story Appearances, Ranked
Theranos  Hype  Cycle  Silicon  Valley  Elizabeth  Holmes  Steve  Jobs  Leadership  vision  visionary  missionary  Trope  messaging  message  PR  spin  doctor  Mark  Zuckerberg  credibility  glass  cliff  glass  ceiling  gender-based  discrimination  gender-based  harassment  Venture  Capital  B2B  Box  Aaron  Levie  B2C  Google  Inc.  Google  Search  communication  TOS  EULA  consumer  product  Protection  23andme  Tesla  Motors  Elon  Musk  journalismus  journalism  investigative  journalism  Amazon  disruption  disrupting  markets  Uber  Travis  Kalanick  Jeff  Bezos 
october 2015 by asterisk2a
George Osborne vs John McDonnell - Treasury Questions - YouTube
"economic security for the country (& working people)" out of the mouth of Mr "Judgement Call" (that is what the tax credit cuts are, according to him, in front of select committee in house of commons hearing on the matter. // As if 12bn have no multiplier. 12bn for the corporate sharing it amongst their shareholders who have already bns, there is no multiplier at all. it just moves the digit after the comma. For the poop it is about paying for heating and new shoes. stupid. could afford welfare bill if corporates were to pay their fair share of taxes and not avoid and evade and no corporate welfare like for the steel industry (picking winners). = Show of Career Politician with some ideoligy and dogma and no principles. HE IS A MERCENARY. NOT A VISIONARY. A Career Politician. Calculated. Opportunistic. No long-term view. // IFS did say, in case of austerity, private sector has to pick up the slack. And it did since 2010. And new figures in household debt/credit card debt shows that.
George  Osborne  tax  credit  child  tax  credit  working  tax  credit  general  election  2020  Policy  Makers  error  renewable  energy  Hinkley  Point  C  TBTF  property  bubble  generation  rent  Housing  Crisis  tax  evasion  tax  avoidance  fairness  Generationengerechtigkeit  infrastructure  investment  underinvestment  industrial  energy  price  energy  productivity  output  gap  job  creation  Research  R&D  STEM  gender  inequality  gender  pay  gap  education  social  mobility  income  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  Toff  constituency  Establishment  election  campaign  promises  general  election  2015  babyboomers  Privileged  Entitlement  corporate  welfare  fossil  fuel  big  pharma  sick  population  Sugar  food  industry  obesity  epidemic  obesity  childhood  obesity  folly  nasty  party  Opportunism  opportunist  minority  No  Representation  Career  Politicians  David  Cameron  Conservative  Tories  capital  gains  tax  corporate  tax  rate  competitive  competitiveness  zombie  consumer  household  debt  consumer  debt  credit  card  debt  credit  card  budget  deficit  Super  Cycle  austerity  low  pay  low  income  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  secular  stagnation  wage  stagnation  income  growth  squeezed  middle  class  income  distribution  income  redistribution  income  inequality  wage  growth  lost  generation  House  of  Lords  UK  Parliam 
october 2015 by asterisk2a
Robert Reich - Timeline Photos
What about all the ballyhoo about manufacturing jobs coming back to America? Well, some have. But they pay lousy wages. The average wages of production and non-supervisory employees in manufacturing are lower today than they were in 1985, when adjusted for inflation. [...] Bottom line: Most Americans have got zilch out of this recovery. In fact, they’re worse off now than they were in 2000. Meanwhile, the top 0.1 percent is doing fabulously well. More and more people are concluding the game is rigged -- which it is. No one should be surprised at the surge in populist anger on the left and the right.
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october 2015 by asterisk2a
Isn't Your Body More Important Than Your Home? - YouTube
'general welfare', 'collective good' //&! youtu.be/7oXPWWDgaoo - The Myths & Lies Exposed in the GOP Debate - Carly Fiorina: Crony Capitalism = Big Goverment supporting tbtf/tbtj corporations? << POSITIONING. Blaming it on Big Government, that corporations feel they need to get bigger. LOL &! RT is not only one calling out Carly Fiorina - http://crooksandliars.com/2015/10/cnn-confronts-carly-fiorina-her-factless
Privatisation  Public  Good  Public  Services  Social  Services  neoliberalism  neoliberal  Public  Health  Care  Medicaid  sick  leave  sick  day  safety  net  homeless  homelessness  welfare  state  corporate  welfare  low  pay  low  income  shared  economic  interest  interest  Police  NHS  UK  USA  dogma  ideology  Wall  Street  racketeer  profiteer  republican  republicans  presidential  election  2016  Medicare  Privileged  Establishment  Toff  Entitlement  Super  Rich  1%  Gini  coefficient  American  Dream  squeezed  middle  class  Sozialer  Abstieg  job  security  Precariat  precarious  work  wage  stagnation  tax  credit  income  growth  income  distribution  capital  gains  tax  profit  maximisation  shareholder  value  ethics  morality  Bernie  Sanders  secular  stagnation  Niall  Ferguson  inequality  income  inequality  inequality  wage  growth  economic  growth  austerity  white-collar  crime  GFC  recovery  reflate  reflation  babyboomers  Generationengerechtigkeit  bank  bailout  TBTF  too  big  to  bail  too  big  to  jail  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  No  Representation  contract  Millennials  generationy  Carly  Fiorina  reframing  framing  Positioning  PR  spin  doctor  crony  capitalism  capitalism  oligarchy  plutocracy  Social 
october 2015 by asterisk2a
Warren Buffett Crushes Republicans On Taxes - YouTube
Not having a voice. No being heard. // Empört Euch! (German) Perfect Paperback – Feb 2011 by Stéphane Hessel
moral  imperative  morality  Super  Rich  1%  capital  gains  tax  capital  gains  income  tax  income  distribution  income  redistribution  infrastructure  investment  underinvestment  budget  deficit  fairness  democracy  No  Representation  Career  Politicians  austerity  tax  evasion  tax  avoidance  corporate  tax  rate  crony  capitalism  capitalism  Wall  Street  shareholder  value  profit  maximisation  exploitation  lobbyist  lobby  Lobbying  revolving  door  corruption  bribery  Party  Funding  USA  secular  stagnation  Niall  Ferguson  public  investment  Gini  coefficient  income  inequality  income  mobility  social  mobility  American  Dream  progressive  white-collar  crime  squeezed  middle  class  globalization  globalisation  flat  world  borderless  plutocracy  oligarchy  Sozialer  Abstieg  Millennials  Generationengerechtigkeit  generationy  corporate  welfare  subsidies  subsidizing  corporate  scandal  corporate  state  corporate  media  Polarisation  propaganda  populism  corporate  culture  corporate  values  corporate  governance  corporate  social  responsibility  Services  Services  dogma  ideology  neoliberalism  neoliberal  Greed  GFC  recovery  trickle-down  economics  bank  bailout  society  Gesellschaft  Wertegesellschaft  Rebellion  social  uprising  Richard  Wolff  Robert  Reich  Joseph  Stiglitz  inequality  stagnation  class 
october 2015 by asterisk2a
Chris Hedges June 8, 2015 Town Hall Seattle - YouTube
Ceased all power and rendered the citizen powerless. This is no capitalistic democracy. This is crony capitalism. Capitalism has no internal constraints. remove external constraints & it will see & use everything (private free market enterprise) as replaceable & commodity w a price (even the planet): the environment, workers health. &! non-violent revolution! // Revolutions are internal affairs w different dynamic. All succesful revolutions are fundamentally non-violent. No revolution is successful until sizable internal protection/security defects (Whistleblower et al) and refuses to fight for the discredited regime/plutocracy/oligarchy/Elite/Super Rich/1%/Corporation/crony capitalism/tax evasion/tax avoidance and joins the revolution. // Living in truth & speaking the truth to power. Pulling people into the streets & discrediting the status quo. Dont pit people against each other. Essay. The power of the powerless // If we do not break it. We & our children have no future!
Revolution  Super  Rich  crony  capitalism  Bernie  Sanders  Jeremy  Corbyn  SNP  Nicola  Sturgeon  Career  Politicians  No  Representation  bottom  up  democracy  Elite  oligarchy  plutocracy  regiem  climate  change  Generationengerechtigkeit  fairness  global  warming  economic  damage  ecological  disaster  environmental  disaster  corporate  media  corporate  state  manufactured  consent  propaganda  Polarisation  populism  corporate  scandal  Rebellion  Millennials  constituency  babyboomers  generationy  book  intellectual  corporate  welfare  corporate  values  corporate  culture  corporate  governance  self-regulation  regulation  regulators  post-racial  America  prison–industrial  complex  medical-industrial  complex  Surveillance-Industrial  military–industrial  complex  Oppression  abuse  of  power  American  Dream  injustice  Justice  System  white-collar  crime  Zivilgesellschaft  Gesellschaft  Wertegesellschaft  courage  Zivilcourage  Moral  Imperative  civil  courage  civil  society  civic  society  Protest  Protest  Partei  Protest  Party  civic  life  civic  good  social  tension  social  cohesion  social  uprising  social  capital  socialism  social  contract  austerity  social  mobility  income  mobility  Gini  coefficient  inequality  income  distribution  corporate  tax  rate  tax  evasion  tax  capitalism  economic  avoidan 
october 2015 by asterisk2a
Global Capitalism: September 2015 Monthly Update - YouTube
Private Education (Charter Schools) that get public money, without the public being involved in decision-making how to spend that public money ... were outlawed/illegal, by Seattle Judges 6-2. //&! Tax exception of universities. Yale (4th richest uni of USA with 20bn in endowments) is being subsidized by people of the 7th poorest state. no property tax (largest land owner & employer in New Haven (Connecticut)). Public Services (Fire, Police, Hospitals) & Infrastructure. //&! min 41 Greg Mankiw: carbon tax would discriminate (burden too much) the middle class & poor with no wage growth last 30 yrs in disposable income vs corporates, well off, Super Rich, 1%. Rebuttal: tax more progressively those who can afford it. The crux of a carbon tax & tobin tax, setting it nationally, corporate lobby that it "will" be anti-competitive. Destroy Jobs. // 47:35 Science & Money. 1:09:20 Hegemony 1:22:20 public transport, US dogma; THE CAR! Committed 2 Private Free Enterprise. << Ideology. LA traffic
USA  income  distribution  income  redistribution  tax  code  lobbyist  lobby  Lobbying  inequality  Gini  coefficient  capital  gains  tax  capital  gains  tax  avoidance  tax  evasion  morality  taxpayer  income  tax  budget  deficit  neoliberalism  neoliberal  Public  Services  fairness  society  Gesellschaft  social  tension  social  cohesion  Super  Rich  1%  Wertegesellschaft  democracy  minority  majority  carbon  tax  carbon  trading  scheme  carbonemission  carbonfootprint  emissions  VAT  tax  progressive  coldprogression  kalte  Progression  income  inequality  American  Dream  income  mobility  social  mobility  tobin-tax  tobin  tax  conglomerate  heavy  industry  competitive  competitiveness  corporate  tax  rate  G  Zero  climate  change  global  warming  Policy  Makers  Generationengerechtigkeit  austerity  Monsanto  Monsanto  Protection  Act  food  industry  Hegemony  China  creditor  debtor  AIIB  TTIP  TPP  NAFTA  CETA  trade  agreement  self-regulation  regulation  regulators  oversight  accountability  ideology  dogma  free  market  transportation  transportation  underinvestment  infrastructure  investment  UK  TISA  BRIC  trickle-down  economics  economic  history  academia  academics  macroprudential  macroeconomic  microeconomic  commuting  productivity  output 
october 2015 by asterisk2a
Robots are coming for your job. That might not be bad news
The problem with automation isn’t technology. The problem is capitalism. // [ Deflationary pressure, 3bn people in developing world and frontier markets unemployed, waiting to join workforce. ] [ who buys the gadgets and widgets when half the world is unemployed ] // This time, as Martin Ford argues in Rise of The Robots, education and upscaling won’t help us. There will simply be fewer jobs to go around, as everything from accountancy to journalism will be done faster, cheaper and more efficiently by machines. The result, as Jerry Kaplan agrees in Humans Need Not Apply, is that billions will be left destitute – unless we radically rethink our way of keeping people fed.
Software  Is  Eating  The  World  Robotics  automation  Marketplace  efficiencies  commodity  business  commoditization  mobile  homescreen  capitalism  Gini  coefficient  income  distribution  Super  Rich  Commanding  Heights  1%  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  Creatives  Creative  freelancing  freelance  Universal  Basic  corporate  welfare  welfare  state  social  safety  net  tax  free  income  Zero  Hour  Contract  Contractor  job  creation  6-hour  work  day  4-day  work  week  Robert  Skidelsky  leisure  time  burnout  chronic  stress  deflationary  technological  history  technological  progress  secular  stagnation  Niall  Ferguson  crony  capitalism  exploitation  lobbyist  lobby  Lobbying  inequality  income  inequality  capital  gains  tax  capital  gains  democracy  precarious  work  Precariat  working  poor  low  income  low  pay  globalisation  globalization  flat  borderless  free  trade  trade  agreement  TTIP  TPP  TISA  squeezed  middle  class  Sozialer  Abstieg  Soziale  Marktwirtschaft  Sozialpolitik  worklife  Future  of  Workers  Union  underemployed  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  part-time  job  security  job  market  labour  economics  labour  market  Minijob  book  Policy  Makers  revolving  door  social  social  social  tax  economics  of 
october 2015 by asterisk2a
Profit mean reversion and recession | Credit Writedowns
We are now in the seventh year of a cyclical recovery and bull market. Shares have tripled in that time frame. I would say this means we are much closer to the end of the business cycle than the beginning. Moreover, as Jeremy Grantham is quoted in the Business Insider piece, profits are mean-reverting and right now they are reverting from a phase that is “wildly optimistic” according to Warren Buffett. All of this is taking place against the backdrop of an economy in which wage growth is weak, household debt is still relatively high on a historic basis as a percentage of income and we have no policy room on the monetary side, with limited political appetite for policy on the fiscal side. To me, the pre-conditions for this profits recession speak to downside risk, ....
recovery  business  cycle  financial  cycle  private  debt  household  debt  consumer  debt  Student  Loan  Bubble  car  credit  card  debt  deleveraging  Richard  Koo  debtoverhang  austerity  fiscal  policy  economic  history  monetary  policy  job  creation  Service  Sector  Jobs  western  world  secular  stagnation  Niall  Ferguson  wage  stagnation  wage  growth  income  distribution  Gini  coefficient  inequality  trickle-down  economics  neoliberalism  neoliberal  Wall  Street  bank  bailout  budget  deficit  UK  USA  Schuldenbremse  Pact  sovereign  debt  crisis  Positioning  mainstreet.org  Germany  disposable  income  discretionary  spending  income  growth  low  income  crony  capitalism  reflate  reflation  Career  Politicians  constituency  fairness  Generationengerechtigkeit  Niedriglohnsektor  lobbyist  lobby  Lobbying  corporate  welfare  tax  evasion  tax  avoidance  income  inequality  social  mobility  social  contract  political  theory  income  mobility  Standard  American  Diet  equity  credit  ZIRP  NIRP  QE  BRIC  BOE  Fed  Fed  mandate  BOJ  PBOC  distortion  2015  ECB  Super  debt  servitude  zombie  consumer  zombie  banks  zombie  corporations  junk  bond  Taper  QT  irrational  exuberance  asset  allocation  capital  allocation  speculative  bubbles  commodity  prices  Oil  price  inflation  expe 
october 2015 by asterisk2a
Pando: “Is this thing on, bro?”
Earlier this week, The Information published the results of a three-month research project on diversity in venture capital. The results were exactly as you’d expect: There isn’t any. Diversity in venture capital is far worse than the tech industry as a whole. In an op-ed on the site, Social Capital’s Chamath Palihapitiya wrote something that was surprising: He aggressively called out the industry. Not off the record. Not in whispers with journalists. Not saying “some VCs.” He went full barrels on the industry writ-large
Venture  Capital  diversity  Software  Is  Eating  The  World  Female  Founders 
october 2015 by asterisk2a
Pando: The most patient man in Silicon Valley
Too much in Silicon Valley revolves around hyperspeed. Everything in the startup world is an emergency that needs to be solved in an all-nighter last night, if you allow it to be. The genius in Ravikant’s AngelList is its measured, methodical, brick-by-brick pace to build a software platform to replace, save, wreck, or augment – the verb depends on your point of view – a business that everyone insisted for decades was incurably human, boutique and done with deeply-trusted partnerships and eye-to-eye handshake deals. //&! bit.ly/1LS4aVg - The “The old Series A investor who put in $2 million and really cared and had resources is dead.” [...] “A seed fund doesn’t have the resources that a Kleiner Perkins or a Benchmark had,” [ Incubators are only 3 months long ] AngelList syndicate leads help, but they don’t care enough to help [as classic VC's] [...] Entrepreneurs have to stitch it together themselves.”
Naval  Ravikant  AngelList  Venture  Capital  Silicon  Valley  Networking  Software  Is  Eating  The  World  crowd  funding  Seed  Round  Angel  Investor  disruption  disrupting  markets  bottom  up  SPV  growth  Party  Round  Angel  List  angel-list  A  Round  Start-Up  lesson  Start-Up  advice 
october 2015 by asterisk2a
How The Socialist Surge is Growing - YouTube
via Robert Reich on.fb.me/1Pn6XFK - According to a New York Times investigation reported this morning, just 358 families and the businesses they control have contributed over half the money to the 2016 presidential election so far – mostly to Republicans who have pledged to pare regulations; cut taxes on income, capital gains and inheritances; and shrink Social Security and Medicare. On the other hand, two-thirds of Americans support higher taxes on those earning $1 million or more a year, according to a June New York Times/CBS News poll, and six in 10 favor more government intervention to reduce the gap between the rich and the poor. And according to the Pew Research Center, nearly seven in 10 favor preserving Social Security and Medicare benefits as they are. To an extent we haven’t seen since the Gilded Age of the 1890s, the upcoming election is between a tiny group of super-rich and the rest of us. We must do everything possible to reclaim our democracy.
lefty  Bernie  Sanders  Jeremy  Corbyn  USA  UK  European  Union  neoliberalism  neoliberal  crony  capitalism  bank  bailout  banking  crisis  squeezed  middle  class  injustice  justice  morality  TBTF  too  big  to  jail  too  big  to  bail  white-collar  crime  corporate  scandal  accounting  scandal  Wall  Street  profit  maximisation  shareholder  value  lobbyist  Lobbying  lobby  No  Representation  Career  Politicians  austerity  Generationengerechtigkeit  fairness  neoconservatism  neoconservatives  progressive  wage  stagnation  secular  stagnation  income  growth  income  distribution  income  inequality  income  mobility  social  mobility  low  income  income  redistribution  capital  gains  capital  gains  tax  tax  code  capitalism  post-capitalism  GFC  Super  Rich  1%  Gini  coefficient  post  code  lottery  NHS  Privatisation  tax  evasion  tax  avoidance  TINA  Alternativlos  Wolfgang  Schäuble  Angela  Merkel  character  barackobama  georgewbush  gwbush  presidency  David  Cameron  George  Osborne  Toff  Privileged  Establishment  Sozialer  Abstieg  precarious  work  Precariat  globalization  globalisation  working  poor  Labour  Party  Tony  Blair  GordonBrown  sovereign  debt  crisis  Positioning  Polarisation  corporate  state  corporate  media  Lügenpresse  social  Party  p 
october 2015 by asterisk2a
American Apparel: a trip from the height of cool to lows of bankruptcy | Business | The Guardian
[ your edgy and PR storm/press differentiation can become a liability to future growth especially if you use that kind of marketing to grow, clickbait is not sustainable. stupid. should have stayed private and nimble! wall street and the numbers call it a bluff of the founder, cant be bigger & more than it was pre-ipo. no growing endlessly as edgy brand ] American Apparel has faced growing competition in the US from cut-price overseas competitors such as H&M, who have effectively replicated the brand’s fashion for a lower price. [...] recorded a loss for ten consecutive quarters, which was unsustainable given its debts. [...] American Apparel is the country’s biggest manufacturer of clothing and it is based in downtown Los Angeles. The company claims to pay experienced factory works more than $30,000 a year, compared with $600 a year for workers in Bangladesh factories. [...] we are taking this step to keep jobs in the US, and preserve the ideals for which the company stands.”
American  Apparel  Fashion  Industry  Manufacturing  Branding  brand  awareness  differentiate  differentiation  USA  Fast  Fashion  commodity  business  commoditization  Retail  pure  play  e-commerce  Wall  Street  IPO  shareholder  value  profit  maximisation  mainstreet.org  fiduciary  responsibility  Venture  Capital  entrepreneur  entrepreneurship  Start-Up  lesson  Start-Up  advice  marketing  PR  advertising  advertisement 
october 2015 by asterisk2a
IMF warns of new financial crisis if interest rates rise | Business | The Guardian
Fund says governments in emerging markets should prepare now for a new credit crunch because of a 10-year corporate borrowing binge [...] “Shocks to the corporate sector could quickly spill over to the financial sector and generate a vicious cycle as banks curtail lending. Decreased loan supply would then lower aggregate demand and collateral values, further reducing access to finance and thereby economic activity, and in turn, increasing losses to the financial sector,” the IMF warns. [...] “Emerging markets must prepare for the adverse domestic stability implications of global financial tightening,” the IMF says.
credit  bubble  2015  Taper  centralbanks  IMF  OECD  Frontier  Markets  Developing  World  Richard  Koo  Debt  Super  Cycle  BRIC  AIIB  World  Bank  recovery  global  economy  global  trade  globalization  globalisation  flat  borderless  currency-war  currency  debasement  currency  war  BOE  BOJ  Abenomics  ZIRP  NIRP  QE  unknown  unkown  unintended  consequences  FOMO  asset  allocation  capital  allocation  malinvestment  speculative  bubbles  property  bubble  China  Brazil  commodity  prices  Oil  price  OPEC  reflate  reflation  equity  bubble  emerging  middle  class  demographic  bubble  secular  stagnation  western  UK  USA  Europe  Germany  austerity  divergence  faultlines  Structural  Impediments  imbalance  Niall  Ferguson  Fed  mandate  monetary  policy  unconventional  monetary  policy  zombie  consumer  zombie  banks  bailout  banking  crisis  crisis  fiscal  policy  fiscal  stimulus  economic  history  trickle-down  economics  tax  avoidance  tax  evasion  inequality  Gini  coefficient  NPL  shadow  banking  zombie  corporations  junk  bond  creditrating  distortion  financial  financial  crisis  GFC 
september 2015 by asterisk2a
Why the Work Programme didn’t get Sarah a job | Martin Bright | Society | The Guardian
The government’s flagship welfare-to-work programme institutionalises bullying, interrupted only by undirected job searches // Work programme creates just 48,000 long-term jobs in three years. Flagship jobs scheme the government insisted would help millions back into work is called into question by figures - bit.ly/1ipiBhW
DWP  Iain  Duncan  Smith  unemployment  long-term  unemployment  youth  unemployment  social  mobility  income  mobility  downward  mobility  Gini  coefficient  skills  gap  capital  skills  human  capital  skill-biased  technological  change  skills  practical  skills  practical  skill  set  vocational  education  professional  education  austerity  underinvestment  STEM  Tories  Conservative  Party  dogma  PR  spin  doctor  reframing  framing  Positioning  ideology  Toff  Establishment  Entitlement  Privileged 
september 2015 by asterisk2a
Save the World, Turn a Profit - Bloomberg View
Building on these initiatives, Yunus Social Business -- Global Initiatives and the Rockefeller Foundation’s venture-philanthropy Zero Gap project have jointly developed a new tool: the social success note. This innovative financial instrument brings together the interests of commercial investors, social businesses and donors to achieve concrete and measurable social outcomes. In this arrangement, a private investor agrees to make a concessional loan or provide equity to a social business.
mainstreet.org  Wall  Street  shareholder  value  profit  maximisation  closetphile  corporate  values  corporate  culture  vision  mission  social  entrepreneurship  Non-Profit  fiduciary  responsibility  Legacy  Venture  Capital  Kickstarter  B-corporation  Etsy  tax  avoidance  tax  evasion  lobbyist  lobby  Lobbying  conglomerate  Big  Sugar  food  industry  Desert  pharmaceutical  industry  pharma  pharma  banking  crisis  investment  banking  retail  banking  bank  crisis  Tesla  Motors  exploitation  revolving  door 
september 2015 by asterisk2a
Zumper: One-Third Of San Francisco’s Rent Is Attributable To VC Funding | TechCrunch
[capital efficiency?] // the other 1/4th is bidding up via credit bubble riches, diversification. other 2/4ths from planning restriction and natural biz cycle of sv //&! http://www.thebolditalic.com/articles/7266-an-open-letter-to-anyone-moving-to-san-francisco-for-a-tech-job - For context, people are right to be angry; shit is certainly fucked up. Since 2010, rents have risen by 40%, and eviction rates have risen by 38%—two rapid changes that have had very visual consequences all across the city. Much of SoMa, for instance, looks like an elephant graveyard. Sidewalks look like the surface of the moon; alleys are littered with broken glass; and streets are strewn with sleeping persons and human shit. All of this can be observed from in the shade of the brand-new office buildings and luxury condos that now line the streets everywhere east of 4th Street. [...] those who move to San Francisco and don’t engage with the community dilute and adulterate San Francisco’s sense of character.
San  Francisco  Venture  Capital  cost  of  living  cost  of  entry  standard  of  living  city  living  burn  rate  New  York  Start-Up  Scene  London  Scene  runway  Networking  Network  economies  of  agglomeration  ecosystem  community  gentrification  Gentrified  speculative  bubbles  property  bubble  credit  bubble  BRIC  QE  ZIRP  hunt  for  yield  FOMO  NIRP  centralbanks  asset  allocation  alternative  investment  allocation 
september 2015 by asterisk2a
Lab-grown kidneys work in animals - BBC News
Scientists say they are a step closer to growing fully functioning replacement kidneys, after promising results in animals. // shared economic interest (public good) = investing in research when it seems possible/likely/plausible is not good enough for moonshot projects (time when only investment by for-profit ventures come into play), thus need private-public partnerships like uni(s) + gov grants + joint venture = shared risk. // investing in science has ROI. even if it does not and will not produce a gadget after the first peer reviews paper.
3D  printing  biotechnology  biotechnologie  Organ  Donation  human  tissue  medical  advances  medical  profession  medical  research  STEM  R&D  University  shared  economic  interest  underinvestment  business  investment  Venture  Capital  public  investment  productive  investment  ROI 
september 2015 by asterisk2a
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