Binary Economics w/ Prof Ashford and Blastingcaps pt 2

[MarkProffitt]

There is no such thing as insurance for investments. If you plant a seed and it doesn't grow the seed is gone and the time spent is gone.

The only real protection from a failed investment is to keep some wealth in savings and the economy on whole to produce more than was invested.

LENDING IS THE PROBLEM. If you can't get a people to risk their capital in the investment then you investment is too risky.

The solution is true partnership. Investing time and materials and receiving dividends.

[paulagloria]

good thoughts here about ownership - I ponder this often - our relationship to matter and each other

[MarkProffitt]

It not just owning versus not owning, its what you own. If you own things that produce something, the Rich Dad Poor Dad definition of asset.

Labor is rapidly becoming a worthless commodity.

One very simple solution is stop taking a salary and instead get shares and receive payment in dividends. That way you could design yourself out of a job and be happy.

[blastingcaps]

haha!

I figured you out a long time ago. I just didnt think you that big of a piece of shit.

You are aware you played yerself as much as you "play" anybody else.

Yer a scuuuuummmy person...hahaha...holy shit. like baby raper sick.