Steve’s Barking; What about the seventh largest market cap stock

 

My understanding that the seventh largest market cap stock is Tesla today.

 My understanding that the seventh largest market cap stock in 2000 was Enron. 

 Maybe that why I don’t give much credence to the worth of Tesla. 

Steve’s Barking; Is Donald Trump a Republican Socialist?

 Wtf, Donald Trump a Republican Socialist. First of all how can one be a Republican and a Socialist at the same time. Well Mr. Trump says put a cap on credit card interest rates, that’s kind of like what a Democratic Socialist would say. Donald says that drug companies charge too much so let’s pressure the drug companies to drop the price of drugs, now isn’t that what a democratic socialist would say? 

 Hold on, is this blogger saying that the president of America is a socialist and not really a Republican or is the President of the United States trying to turn the Republican Party, which I’m told he represents from a Conservative Party to a populist party.

 Nah this bloggers is just making fun of ( not very good I might add)  what we call socialist, populist and sometimes conservative is crazy.

 Good thing this blogger doesn’t have too many followers, because what he just wrote is kind of hard to understand.

Steve’s Barking; Is it Commuism - Socialism that retards growth or something else

 Ah… I keep reading and hearing on the idiot box that Communist and Socialism makes a country poorer. They tend to talk ( write) about the Soviet Union and Cuba and for some reason they don’t talk about The People’s Republic of China. They also don’t seem to remember Haiti under Papa Doc and a very robust economy of Argentina before Juan Perrone  and the collapse of  Argentina’s economy. The 10 top countries with the highest GDP, most of them Germany, Italy United Kingdom,  Canada ext, with non socialist counties US of A and India (?) Japan (?)industrial power houses in the top 10 ten. ( I’m really not sure we’re to place Australia). 

 In the fog of my writing, I’m saying that you can be a country with communist/ socialist tendencies and be an economic powerhouse while you can be a strong capitalist country and be an economic dud,

 “I” believe that the most effective countries economically are countries that have mixed socialist capitalist  tendencies.

Steve’s Barking; Were is the money coming from???

 Oh this dumb blogger has a problem, he just doesn’t understand were the  money is coming from to finance “AI” computing. I keep hearing that companies like Amazon, Meta and Google are going to spend 2 Trillion dollars in the next year. Now I keep hearing that most of this money is going to be borrowed. Ok where the heck are they supposed to borrow this money from. Now as I do recall from one of my economics classes that would create higher interest rates. Hmm would this hurt the debt of governments, making it more expensive to borrow? While I’m at it, would this raise the cost of borrowing for housing? Now my feeble brain seems to think that the money in circulation is shrinking because of layoffs and consumer spending is slowing. 

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I keep hearing of national debt and how will these countries pay off there debt, yet some of these same people don’t worry about company debt. 🤔

Steve’s Barking; Question of the day is a person who has $100,000 in liquid assets richer then a multi billionaire?

 Sounds like an idiotic question, how can a person who only 100,000 dollars in a checking account be richer then some one who is supposed to be worth billions of dollars. Well if the person who has $100,000 and has no debt except living expenses and has income that more then covers his living expenses then his net worth is over $100,000. 

 A so called billionaire who has his money tied up stocks and Real estate and his income which may be huge doesn’t cover expenses, so he borrows against his holdings really richer then the person who has liquid $100,000.

 Don’t forget gross value of stocks and real estate fluctuates and some even collapse.

 What happens to the person if he can’t borrow against his holdings? Is he bankrupt?

 If the holdings go down greater then his debt, is his net worth negative, especially compared to the person who has $100,000 liquid.

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 If the person who has $100,000 liquid in the bank and the bank loans money to billionaires is the person with money in the bank third party holder of the billionaire’s debt?

Steve’s Barking; If you have money in the American market and it goes up can you still lose money

 If you have money in the American stock market and it goes up, can you still lose money? Sounds like a stupid question, if the stock you own goes up of cause you’re wealthier, unless the dollar does down against other currencies. Is it possible that that lets say the Euro goes  way up against the dollar in reality you wealth is going down. Is it possible that if inflation is greater then the growth of your stock, then therefore the value of your stocks even though it went up in dollar terms is actually losing value?

 

Steve’s Barking; If you’re not ignorant then you’re stupid

 As I grow older I have a great desire to learn something new every day. If I am learning something new every day then yesterday I was ignorant of what I learned today. If I think I know everything then I must be G-d, because I know I’m not G-d then I know that I’m ignorant of many, many things. If I believe that I know it all then I’m stupid. Even in things that I have pretty decent knowledge, I don’t know it all and because I realize that I don’t know it all keeps me from being stupid.

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I hear on the idiot box from people whom tell those who happen to be listening (looking) on this particular show from some supposedly knowledgeable person who gives only part of the story and because they give only a partial part of the story the story is incomplete at best or totally wrong as in most cases.