"not every country with a capitalistic leaning economy has the debt our country has - many are in the black...
That's actually technically impossible by the very nature of interest-rate-based distribution of continous fiat currency, but that's a whole other topic.
"they weren't the first and they probably won't be the last - history will repeat itself. that's like saying everything that's been invented has already been invented.
Um, actually they were the first and I don't see any others so I assume they're the last. I don't recall a past instance where somebody sat a computer, put some letters and symbols together in a certain context, then either started a multi-billion dollar company or got bought out by one. I think you misunderestimate how much of a carefully-managed distraction the dot-com boom was from underlying systematic problems. It tooks a small army to set the way for an economic boom so that the rich can sell off their shares to a newly-developed "bigger fool" class ...
"change is the only thing that's constant. if I don't take advantage of it, someone else will and the guard changes again...
If you studied the history of currency management, you'd be surprised how little has changed in the 6,000 years or so when money as we think of it was created. Most of what we think of as "modern" aspects of money were created centuries-to-millenia ago.
Or here's another one for you: Obama is related to both Bush and Cheney who, according to a Vanity Fair-sponsored bit of research are distant relations with the British Royal Family, which is descendent from German Royalty which is related to the Austrian Hapsburg Dynasty. So, here we are, about 800 years after they got kicked out of the "power structure" and now they basically, via proxy, are back in control again, albeit less visibly. I'm sorry to point this out, but those in the seat of power have money and resources and time on their hands which they use to ensure their continuity in ways you can't begin to fathom while the rest of us are busy trying to make money to eat.
> I have, and I beg to differ especially when I can compare with a lot of 3rd world countries I've been to. can you do the same?
Yes. But here it's worse. In 3rd world countries, poor people have to endure a few well educated rich snobs. But mostly the stress is less because everyone realizes everyone else is poor. Over here, many poor people have to endure watching disproportionately rich 18 year old ditzes driving by in the new Mercedes convertible Bank of Daddy just financed. Not too easy when the discrepency is side by side ... at least if you're in most developing nations most people around you don't have it that much better.
"Silicon Valley is amagical, artificial dream world that represents reality about as much as a commercial for a luxury resort."
that's a little strange to say considering in your past posts it seems like you lament not being in SV since "it's the startup hub". I guess you being here would do wonders for your startup "based on this reality"
--- I think my point was not communicated well or misunderstood. Just because I wish I could duplicate some of the better aspects of S.V., but can't, and realize that it seems to only happen there, doesn't mean that I don't distinguish that as a unique reality. Just the opposite. You're the one who's there, and imagine that the whole world either does or is on the verge of working like it does there. I'm trying to tell you that "there" exists almost nowhere else on earth, so it's not indicative of reality because it's not a duplicatable formula. Hence it's a special situation.
"Um, actually they were the first and I don't see any others so I assume they're the last."
I'm speaking of successful entrepreneurs in general and not just of successful internet ones (even then there were a lot of successful internet entrepreneurs that came after them)
"if you studied the history of currency management"
that's currency, I'm speaking of the world and trends at large including technology
"Yes. But here it's worse. In 3rd world countries, poor people have to endure a few well educated rich snobs... many poor people have to endure watching disproportionately rich 18 year old ditzes driving by in the new Mercedes convertible"
doesn't sound like you have been to the 3rd world. over there people care about more important stuff like food and water and maybe even basic education; you call suffering watching some guy drive a car you can't afford? we live like kings over here
"Just because I wish I could duplicate some of the better aspects of S.V..."
so you really do believe in what you wrote? I thought you were just messing with me. ironic
>> I'm speaking of successful entrepreneurs in general and not just of successful internet ones (even then there were a lot of successful internet entrepreneurs that came after them)
The tech boom was setup over half a century ago with massive investment by the military serving as the basis of the beginning of most of what we use in consumer land today. Same with the auto industry - it was systematically planned on purpose, like the high construction, by the oil cos. QUESTION: what "big infrastructure" investment is paving the way for the entrepreneurs of the future? Please don't say "alternative bio energy" ...
Entrepreneurs are important players, no doubt. But the game needs to be setup properly first. Our game is falling apart and needs to be reset just like you used to restart your Win95 based PC mid-day when it clogged up.
>doesn't sound like you have been to the 3rd world. over there people care about more important stuff like food and water and maybe even basic education; you call suffering watching some guy drive a car you can't afford? we live like kings over here
No, that wasnt' my point. My point is that it's different being "there" where most people are suffering and in the same boat than it is here where people suffer right alongside ostentatious wealth aquired via sometimes legit, sometimes not so means.
> so you really do believe in what you wrote? I thought you were just messing with me. ironic
Let me say this as clearly as I know how. I ADMIRE some things about S.V. ... I WISH I could duplicate them. Many people do. But so far it has not proven possible. Having said that, as an "outsider" I recognize it's uniqueness. You, as an insider, seem, to me, to be saying, basically, "Why don't you folks just, you know, come together and innovate like we do and the market will reward you for it."
What I'm saying is the over there it's like a well-oiled machine that seems to have biased your impression of the challenges everyone outside of there experiences.
I wish I could experience "that" over "here", but recognize "that" is not reality most places. You experience "that" there and see the word through S.V.-colored glasses ...
Come on, I know I'm not always super clear but I can't be killing this point that bad.
Look at it this way - imagine an NBA player telling you, "What's the problem - just jump up and dunk it like I just did - what's so hard about that?"
Imagine you're 5'6". Just once you'd like to put that guy in your frame and say, "Okay - go ahead - jump up and slam dunk it now like you just advised me!"
That's actually technically impossible by the very nature of interest-rate-based distribution of continous fiat currency, but that's a whole other topic.
"they weren't the first and they probably won't be the last - history will repeat itself. that's like saying everything that's been invented has already been invented.
Um, actually they were the first and I don't see any others so I assume they're the last. I don't recall a past instance where somebody sat a computer, put some letters and symbols together in a certain context, then either started a multi-billion dollar company or got bought out by one. I think you misunderestimate how much of a carefully-managed distraction the dot-com boom was from underlying systematic problems. It tooks a small army to set the way for an economic boom so that the rich can sell off their shares to a newly-developed "bigger fool" class ...
"change is the only thing that's constant. if I don't take advantage of it, someone else will and the guard changes again...
If you studied the history of currency management, you'd be surprised how little has changed in the 6,000 years or so when money as we think of it was created. Most of what we think of as "modern" aspects of money were created centuries-to-millenia ago.
Or here's another one for you: Obama is related to both Bush and Cheney who, according to a Vanity Fair-sponsored bit of research are distant relations with the British Royal Family, which is descendent from German Royalty which is related to the Austrian Hapsburg Dynasty. So, here we are, about 800 years after they got kicked out of the "power structure" and now they basically, via proxy, are back in control again, albeit less visibly. I'm sorry to point this out, but those in the seat of power have money and resources and time on their hands which they use to ensure their continuity in ways you can't begin to fathom while the rest of us are busy trying to make money to eat.
> I have, and I beg to differ especially when I can compare with a lot of 3rd world countries I've been to. can you do the same?
Yes. But here it's worse. In 3rd world countries, poor people have to endure a few well educated rich snobs. But mostly the stress is less because everyone realizes everyone else is poor. Over here, many poor people have to endure watching disproportionately rich 18 year old ditzes driving by in the new Mercedes convertible Bank of Daddy just financed. Not too easy when the discrepency is side by side ... at least if you're in most developing nations most people around you don't have it that much better.
"Silicon Valley is amagical, artificial dream world that represents reality about as much as a commercial for a luxury resort." that's a little strange to say considering in your past posts it seems like you lament not being in SV since "it's the startup hub". I guess you being here would do wonders for your startup "based on this reality"
--- I think my point was not communicated well or misunderstood. Just because I wish I could duplicate some of the better aspects of S.V., but can't, and realize that it seems to only happen there, doesn't mean that I don't distinguish that as a unique reality. Just the opposite. You're the one who's there, and imagine that the whole world either does or is on the verge of working like it does there. I'm trying to tell you that "there" exists almost nowhere else on earth, so it's not indicative of reality because it's not a duplicatable formula. Hence it's a special situation.