Democracy only works in small groups. Countries as large and diverse as the USA should really have some more dictatorial form of government. Democracy always boils down to decision-making by groups, and the larger the group, the more incompetent the decision. Take for instance the United States Congress. Here we have 535 individuals almost all of whom are simply looking out for number one. The wind up passing laws and making decisions using the lowest common denominator of IQ in the group.
Either a benevolent dictatorship or a confederation of states would be better for the citizens of the USA.
Monday, May 4, 2015
188: How Does AMZN Do It?
I am a HUGE AMZN fan and customer. Amazon Prime is amazing. But financially, how the hell does AMZN stay afloat? Last year (2014) AMZN had almost $90 billion in revenue and lost money. The stock is solid at over $400 per share. The market cap approaches $200 billion. Is Amazon a house of cards?
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