Why I have left the SA Board
Posted: Sun Sep 09, 2018 5:42 pm
I promise this will be my last off-topic post, so to speak, to this board.
The below post of mine was made today to the SA Board. The post, which mostly consists of the following very brief quote, has disappeared. In other words I have once again been censored on that board.
I made the below post to the SA board since it was directly relevant to my prior posts on that board. I repost it here because it's directly relates to the recent reposts I made here. Got all that? I'm not sure I do. Life is confusing. Grin.
How is the below post relevant? Why is it important to you as an investor and how does it relate to GERN?
I believe investors who believe that the U.S. stock market and their own investments will continue to be unaffected by all of this are wrong.
Sooner or later the U.S. stock market is not going to be oblivious to the below because it cannot be. It is impossible. It is impossible because what is noted below affects millions of people in this country in a very negative economic and financial manner. I do not when the bottom will fall out but I believe that day is coming. Investors in my opinion would do well to shelter their anticipated profits on GERN.
In any case I have now left the GERN SA Board. I once found that board very helpful. I now find it to be exactly the opposite. There are now so many redundant posts on that board and so many separate and redundant articles that for the most part I no longer read them. In short the whole thing has lost its value.
Sep. 6, 2018
“French economist Thomas Piketty is one of the world's leading researchers of global income and wealth inequality, and became well-known in the United States when the English translation of his book "Capital in the 21st Century" became a surprise bestseller. His work has since informed nearly all subsequent studies on the subject.
For the past year, Piketty has been speaking about the 2018 World Inequality Report, published by the Paris School of Economics' World Inequality Lab last December. Piketty coauthored the report alongside Facundo Alvaredo, Lucas Chancel, Emmanuel Saez, and Gabriel Zucman.
The authors write that "the incomes of the top 1% collectively made up 11% of national income in 1980, but now constitute above 20% of national income, while the 20% of US national income that was attributable to the bottom 50% in 1980 has fallen to just 12% today."
Further, "while average pre-tax income for the bottom 50% has stagnated at around $16,000 since 1980, the top 1% has experienced 300% growth in their incomes to approximately $1,340,000 in 2014. This has increased the average earnings differential between the top 1% and the bottom 50% from 27 times in 1980 to 81 times today."
And while inequality has risen simultaneously in Europe, this particular rise of the top 1% paralleling the fall of the bottom 50% is unique to the US. For the past 40 years, when the economy has grown in the US, an increasingly smaller percentage of Americans capture that growth…”
https://www.thisisinsider.com/income-in ... tty-2018-9
The below post of mine was made today to the SA Board. The post, which mostly consists of the following very brief quote, has disappeared. In other words I have once again been censored on that board.
I made the below post to the SA board since it was directly relevant to my prior posts on that board. I repost it here because it's directly relates to the recent reposts I made here. Got all that? I'm not sure I do. Life is confusing. Grin.
How is the below post relevant? Why is it important to you as an investor and how does it relate to GERN?
I believe investors who believe that the U.S. stock market and their own investments will continue to be unaffected by all of this are wrong.
Sooner or later the U.S. stock market is not going to be oblivious to the below because it cannot be. It is impossible. It is impossible because what is noted below affects millions of people in this country in a very negative economic and financial manner. I do not when the bottom will fall out but I believe that day is coming. Investors in my opinion would do well to shelter their anticipated profits on GERN.
In any case I have now left the GERN SA Board. I once found that board very helpful. I now find it to be exactly the opposite. There are now so many redundant posts on that board and so many separate and redundant articles that for the most part I no longer read them. In short the whole thing has lost its value.
Sep. 6, 2018
“French economist Thomas Piketty is one of the world's leading researchers of global income and wealth inequality, and became well-known in the United States when the English translation of his book "Capital in the 21st Century" became a surprise bestseller. His work has since informed nearly all subsequent studies on the subject.
For the past year, Piketty has been speaking about the 2018 World Inequality Report, published by the Paris School of Economics' World Inequality Lab last December. Piketty coauthored the report alongside Facundo Alvaredo, Lucas Chancel, Emmanuel Saez, and Gabriel Zucman.
The authors write that "the incomes of the top 1% collectively made up 11% of national income in 1980, but now constitute above 20% of national income, while the 20% of US national income that was attributable to the bottom 50% in 1980 has fallen to just 12% today."
Further, "while average pre-tax income for the bottom 50% has stagnated at around $16,000 since 1980, the top 1% has experienced 300% growth in their incomes to approximately $1,340,000 in 2014. This has increased the average earnings differential between the top 1% and the bottom 50% from 27 times in 1980 to 81 times today."
And while inequality has risen simultaneously in Europe, this particular rise of the top 1% paralleling the fall of the bottom 50% is unique to the US. For the past 40 years, when the economy has grown in the US, an increasingly smaller percentage of Americans capture that growth…”
https://www.thisisinsider.com/income-in ... tty-2018-9