A Quote by Marvin Ammori
In software and many other online markets, even dominant firms face potential threats because of the low costs for competitors to enter those markets. Threats more easily emerge because of better or newer technologies leapfrogging older ones.
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It's harder than ever to build an enduring company. As soon as a product strikes a nerve with customers, competitors emerge globally because the costs to start are so low.
In some ways, the challenges are even more daunting than they were at the peak of the cold war. Not only do we continue to face grave nuclear threats, but those threats are being compounded by new weapons developments, new violence within States and new challenges to the rule of law.
There's no substitute for taking a clear-eyed look at the threats we'll face and asking how our force will adapt to meet those threats.
We must build toward the future so that we are prepared to deal with the threats we will face at home and abroad and understand how those threats may be connected.
The U.S. and European markets have become mature, profit margins are lower, and equipment isn't so new. Because profits are relatively low, it limits the willingness of companies to invest in newer equipment.
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.
The U.S. and European markets have become mature, profit margins are lower, and equipment isnt so new. Because profits are relatively low, it limits the willingness of companies to invest in newer equipment.
Exporting firms are more productive and pay higher wages than their domestically focused counterparts, especially in places like Sub-Saharan Africa. If firms manage to thrive in world markets, they tend to increase their productivity even more.
Obamacare's not imploding. The main goal of Obamacare was two-fold. One was to cover the uninsured, of which we've covered 20 million, the largest expansion in American history. The other was to fix broken insurance markets where insurers could deny people insurance just because they were sick or they had been sick. Those have been fixed, and for the vast majority of Americans, costs in those markets have come down, thanks to the subsidies made available under Obamacare.
Even when a person is frightened by threats into doing something, the threats work only because the person has an instinct of fear. If he has not, or if, though having it, it is under his own control, the threat has no more influence upon him than light has in causing a person to see who has no eyes.
Capitalism has taught us that markets are always more efficient than hierarchical managerial coordination. But in a situation where those three conditions aren't met, I can't outsource or partner with you because markets don't function in the absence of sufficient information.
To the extent that Israel does face threats, like from say Hamas or Hezbollah, those are threats that do not jeopardise Israel's existence.
The military budget must reflect the threats we face, rather than the budget defining those threats.
Government isn't there just to administer life support to failing markets. Without the government, many of those markets would not even exist.
So not only do we need to deal with threats as they emerge, we have to be thinking in anticipation of future threats, and the things we do have to be things that enable the system to continue to work.
It's important to recognize the vital role that the financial markets play in our economy and that so many of you are contributing to. To function effectively those markets and the men and women who shape them have to command trust and confidence, because we all rely on the market's transparency and integrity. So even if it may not be 100 percent true, if the perception is that somehow the game is rigged, that should be a problem for all of us, and we have to be willing to make that absolutely clear.
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