Used to make stuff and they had value terms of the factories and their employees and their trade deals etc but now we have a situation that chart shows 84 percent of the value intangibles or the Knowledge Based on knowledge so take a look at tesla for example they must has knowledge about how to go on joe rogan and promote his means he has knowledge about creating means he has knowledge about branding he has knowledge about interesting engineering ideas but the actual book value of the company itself is nowhere near the hundreds of billions of dollars we see in the stock market thats true across the board for every Single Company really in the s. And p. 500. 00 they make their cash flow on the ability to game the system and to exert arbitrage spliffs on the data thats being rolled on the various cash tasks of different banks and like you have on lost so eloquently demonstrated on the joe rogan show so this is interesting use the Word Knowledge because you think about knowledge any thin
Were looking at these four tiers, color code, purple, red, orange and yellow. Reporter if your county is in the purple tier, it means most nonessential businesses can operate outdoors but some like hair salons and malls can open indoors at limited capacity. Red means more indoor businesses like museums and movie theaters can reopen with restrictions. Orange means places like indoor wineries and bowling alleys can open. And at the yellow level, all indoor businesses can reopen with modifications. Ans physal distancing is still required. So are masks and health screenings. Right now, every county in the bay area is purple, except San Francisco and napa, which are red. This new framework is up to the discretion of each county meaning they can be more rigid but not less. Heres where the governor says the stringent part comes in to play at the state level. We have a criteria, not just 21 days moves between tiers but two weeks, some stability and steadiness before you move into those tiers.
Some kind of foundation of wisdom but this is knowledge about how to use Artificial Intelligence and knowledge about how to use propaganda knowledge about how to use subliminal advertising that its evil its evil or they might as well just replace intangible with the word evil well i dont know about that but certainly it is an interesting time and we do see it you and i grew up in the 1970 so we saw what it was like to have a more tangible economy and that could be part of why so many people are having a meltdown while we are having problems domestically in the United States in terms of the economic disadvantage you know and the inequality growing so you know its not like an intangible thing as you mentioned tesla is worth 400000000000. 00 based on one guy you know i got his team of engineers its not all that other stuff is this one guy so you know you dont have to manufacture something to be worth tens of billions are one. Of billions of dollars right well how to get the valuation you
400000000000. 00 based on one guy got his team of engineers its not all that other stuff is this one guy so you know you dont have to manufacture something to be worth tens of billions or hundreds of millions of dollars right well how to get the valuation you get by multiplication of stock price times current number of shares outstanding and if you have knowledge on how to buy back your own stock and pump up those stock prices and executive Stock Options then you have a hierarchy where you actually didnt create anything for the economy you didnt engage in any capital expense expenditures a cap ex to expand your company in any way then what will happen is what will happen the i. B. M. You know they want to the whole stock buyback routine then eventually it played out in the companies a shambles or General Electric General Electric is almost absolutely out of business by trying to push me a miss instead. Products well find out one day if theres any if the fact that theres no there there
Of the 25th and. Welcome to news from the national. Russia is accusing germany of using various pretexts with old information on the case the russian opposition figure had recently came out of. Being treated for a suspected. Representative to the Global Chemical weapons watchdogs told requests for data. The Russian Federation has been waiting for answers from our german colleagues the general Prosecutors Office has sent 2 requests for Legal Assistance unfortunately we have not received any answers there were various explanations from the german side firstly there were references to National Secrets the german said they were afraid of revealing secrets and german technologies during our specialists acquaintance with the results of the analysis in a boon to swear laboratory. Then our german colleagues started talking about the necessity of the prior approval of look sane of all these relatives after that they referred to in a volley himself all in all the germans have delayed the respons