Hubbert

7 ms·

1.
by Hubbert 16y ago
And since this is YCombinator: it means high wages for YOUR CUSTOMERS to afford YOUR PRODUCT by the MILLIONS. There are only so many Senators and Hedge Fund managers, and they spend their weekends in The Hamptons, not playing with your crap
2.
by Hubbert 16y ago
We all need income to SURVIVE, and indeed FORCED to take the market wage for our labor. The question is whether the market wage will tend toward "Modern Western Wage" or "Communist Slave Wage." Current trade and industrial policies favor th
3.
by Hubbert 16y ago
We are currently losing this non-war. The Chinese are playing to win this non-war.
4.
by Hubbert 16y ago
Uh, no. Aside from petroleum issues, it was a SUSTAINABLE CLOSED SYSTEM of trade among similarly-developed countries with similar standards. This could continue even if innovation had suddenly stopped in 1985. Far more sustainable than the
5.
by Hubbert 16y ago
* cheap products for consumers = higher standard of living. IIRC, consumer products are about 18% of a typical household budget. Housing, healthcare, and education are the majority. For the millions now with ZERO income, even Chinese-made
6.
by Hubbert 16y ago
"High labor prices" = "High wages." THIS MEANS YOU! Unless you are worth >$10M, are retired, or live off a trust fund, admit that you're labor not capital: just like highly paid executives, surgeons, and name-brand attorneys are more "l
7.
by Hubbert 16y ago
Aaronontheweb, why wait for government action? Come work at my apartment TOMORROW 16 hours/day for $0.20/hr. I'll try to find a way for you to inhale some heavy metals and asbestos while you work. Imagine the fun of trying to predict whethe
8.
by Hubbert 16y ago
No comment on whether the $1M AUD goal is reasonable (other than you have to start where YOU are and don't let the perfect be the enemy of the good). But, since you mentioned your age and other posters are also commenting on it: 1. Ignore t
9.
by Hubbert 16y ago
Better article from Failure Magazine: http://failuremag.com/index.php/feature/article/cool_custome...
10.
by Hubbert 16y ago
Newspapers' role in cheering on, validating, and accelerating the Trillion Dollar Housing Bubble helped seal their death warrant. In addition (especially in this case), many "reporters" functioned merely as stenographers for interested part
11.
by Hubbert 17y ago
The spirit of volunteerism and innovation that you admire is impractical when managers define the employee's primary responsibilities in a way that requires unpaid overtime every week.
12.
by Hubbert 17y ago
Security prices have two basic outcomes: "up" and "down." Usually they fluctuate, so almost any call will "eventually" be proven correct. Sporting events are also mostly binary outcomes, so "the Cubs will reach the World Series" will probab