DOOM! (Insert extra Os as you see fit)

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JasonL
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Re: DOOM! (Insert extra Os as you see fit)

Post by JasonL » 24 Jan 2019, 12:31

The Kling version on it was better, which is to say there was structural misalignment of skills, locales, and jobs. So, you get back through better coordination of those factors - i.e. the people working in job A now aren't the same people with the same skills as before.

I think there is a case that firms were overstocked with a certain kind of employee that was of limited value to them, but that doesn't mean they were of limited value to anyone for all time.

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Painboy
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Re: DOOM! (Insert extra Os as you see fit)

Post by Painboy » 24 Jan 2019, 13:10

Along with ZMP I thought Cowen's Great Stagnation and no more "low hanging fruit" were always extremely myopic, especially for him. There is almost always low hanging fruit to find but it's not obvious to everyone else until after it's already been harvested. And when one sector of an economy's efficiency starts topping out that often means another is now poised to take advantage of that.

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JasonL
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Re: DOOM! (Insert extra Os as you see fit)

Post by JasonL » 24 Jan 2019, 14:20

Productivity growth has been barely positive for like 15 years now. That's a real thing. The amount of cash firms are sitting on when flush instead of investing in the new big thing - that's also a real thing. Lots of people seem to behave with real dollars as if they don't know what kind of investments will drive productivity growth. That's worrisome to me. I take secular stagnation more seriously than zero marginal product employees in the non Klingian sense.

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Mo
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Re: DOOM! (Insert extra Os as you see fit)

Post by Mo » 24 Jan 2019, 16:07

JasonL wrote:Productivity growth has been barely positive for like 15 years now. That's a real thing. The amount of cash firms are sitting on when flush instead of investing in the new big thing - that's also a real thing. Lots of people seem to behave with real dollars as if they don't know what kind of investments will drive productivity growth. That's worrisome to me. I take secular stagnation more seriously than zero marginal product employees in the non Klingian sense.
It’s because productivity growth is a flawed measure. By the metrics we use, the internet has not increased economic productivity because it makes things cheaper. More people listen and own to more music than ever before because of new technology. There’s more music being created and sold and shared than ever in human history. However, by traditional measures, productivity in music is waaaaay down because revenue is down.
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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JasonL
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Re: DOOM! (Insert extra Os as you see fit)

Post by JasonL » 24 Jan 2019, 16:55

But money also staying parked or if not chasing Juicero?

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Mo
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Re: DOOM! (Insert extra Os as you see fit)

Post by Mo » 24 Jan 2019, 17:18

Juicero was dumb and poorly executed, but Nespresso made Nestle billions off of what was a decade of failure.
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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Mo
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DOOM! (Insert extra Os as you see fit)

Post by Mo » 31 Jan 2019, 16:21

OFFS. Now the new Fed Funds rate will be 9 9 9.

https://www.bloomberg.com/news/articles ... erve-board
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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Aresen
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Re: DOOM! (Insert extra Os as you see fit)

Post by Aresen » 31 Jan 2019, 16:40

Mo wrote:
31 Jan 2019, 16:21
OFFS. Now the new Fed Funds rate will be 9 9 9.

https://www.bloomberg.com/news/articles ... erve-board
I wonder if there will be 'Trump Deniers' 70 years from now like there are Holocaust Deniers.

"The numbers are absurd. Nobody could have fired that many Cabinet members and Chiefs of Staff. The government would have shut down."
If Trump supporters wanted a tough guy, why did they elect such a whiny bitch? - Mo

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thoreau
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Re: DOOM! (Insert extra Os as you see fit)

Post by thoreau » 31 Jan 2019, 16:49

"The historical record frankly shows more ties between Trump and Russia than Trump and America. Yet they seriously try to suggest that he was President of the US rather than a member of Putin's Cabinet?"
"just build a quantum foam wall and make the tardigrades pay for it."
--Hugh

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Mo
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Re: DOOM! (Insert extra Os as you see fit)

Post by Mo » 10 Feb 2019, 14:23

The percentage of IPOs of negative EPS companies is currently 83%, exceeding the peak ratio of the dotcom boom, which was 81%.
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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JasonL
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Re: DOOM! (Insert extra Os as you see fit)

Post by JasonL » 10 Feb 2019, 14:26

This stuff is dooomey to me. There’s a lot of dumb money - it looks like nobody knows what investments will actually matter.

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Mo
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Re: DOOM! (Insert extra Os as you see fit)

Post by Mo » 10 Feb 2019, 14:57

The only thing that makes it feel less doomy is that the people that are losing money are VC investors, Saudi and Asian wealthy doodz and the like. There’s a lot fewer of the mom and pop “I heard of this internet thing” money sunk in.
his voice is so soothing, but why do conspiracy nuts always sound like Batman and Robin solving one of Riddler's puzzles out loud? - fod

no one ever yells worldstar when a pet gets fucked up - dhex

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