Comments 97

Re: Ubisoft Is All In on Generative AI, Says It's as Big a Leap in Tech as the 'Shift to 3D'

ECharles

@Medic_alert "Abject poverty" in the US is upper middle class in many other countries. What matters is income mobility, and as I said before, wealth is mostly associated with age (the young will at be top when they retire; the extremely wealthy don't hinder this outcome). Inequality is natural and good in a market economy. Equality would mean the same wage for every job and person. Housing and taxes are different topics. With housing, you want to increase supply by making it very easy to build (not the case now because of regulations). The wealthy would move to new housing that would free up old homes that the young can afford. Have you looked at a US projected debt chart lately? This country is facing default/bankruptcy in a few decades. The debt is expected to be 200% of GDP by 2040 (banana republic levels). Increasing taxes won't come close to fixing. Huge entitlement reform including "cuts" will have to occur to avoid.

Re: Brazilian Gamers Infuriated by Sudden PS5 Price Hikes

ECharles

@KundaliniRising333 In a healthy market, you want prices to adjust based on fluctuating market conditions like currency instability. The principle of "eating your profits" is a destructive economic principle that leads to less profits in the long-run. Profits are a sign of economic efficiency so the more the better. Losses are signals of market inefficiency that results in job loss. No need to create villains when markets are workings correctly.

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