* I was tricked to go to restaurants with high recommendations from Yelp. Wish I never read their 'reviews'.
FIT is one-trick pony and there is a horse around which may kick it out
of existence. With today's market, most likely it will make a lot of
money on the first day of IPO and then the management cashes in...
If you believe Niki could bring so many jobs back, you must also
believe in Santa Clause. Our min. wage, our regulations (to 'protect'
the worker), high taxes...are the reality the politicians want to cover
your eyes. Even China has to outsource jobs to Vietnam as they have
* Today's blooming market is obviously caused by
supply and demand. The demand is due to excessive printing of money that
leads to our record-high margin debt. The limited supply is due to
share buybacks - again with cheap money.
It will not last forever
and excessive borrowing from the government would lead to Japan's lost
decades (do not tell me the situations are different). We need to
service our huge debts (as a percent of our GDP) that would make us
non-competitive. We should not pass our problems to next children in
order to look good today.
I never have taken any
business classes unless required for my engineering degrees and I can
understand it via common sense. I wonder why our highly-educated (at
least by the Ph.D. certificates), smartly-looked (look could be
deceiving) decision makers (making many times my salary) do not
understand and act on it.