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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%4:00 PM EST

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To: John Vosilla who wrote (120963)7/20/2016 9:08:58 PM
From: GPS Info  Read Replies (1) of 219167
 
Stock market boom the new tech darlings winner take all types that are squeezing margins in much of the economy like Amazon, Google or Apple are concentrated is the new trickle down

I can understand that Apple force their suppliers to cut margins. I can't understand how Google force companies to cut margins because their revenues come out of advertising budgets. Amazon's revenues produce no margins to speak of:


These tech corporations cannot be the sole source of the middle income trap. I would agree with your argument that their employees have greatly benefited from the tech boom, and they have contributed to housing price increases. If you argue that they benefit from the loss of others, then these successful multi-national corporations have drawn capital from the entire world, and not just from middle America.

Those great universities in NE and Bay Area were around 40-60 years ago when wealth inequality was far less

Yes, I agree, however these university were a necessary enabler of the success of their alumni during the tech booms, and during the overall financialization of the economy since the1980s.



Chart is from: oftwominds.com
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