A Quote by Arundhati Bhattacharya
Our huge infrastructure that we need for keeping cash is very expensive.
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For countries such as Kenya to emerge as economic powerhouses, they need better infrastructure: roads, ports, smart grids and power plants. Infrastructure is expensive, and takes a long time to build. In the meantime, hackers are building 'grassroots infrastructure,' using the mobile-phone system to build solutions that are ready for market.
We need strong public health institutions to respond to any challenge. We need to deal with critical infrastructure. The reality is that very little money has flowed to communities to help our first responders; to help our hospitals; to help the public health infrastructure.
Obamacare will never work. It's very bad, very bad health insurance. Far too expensive. And not only expensive for the person that has it, unbelievably expensive for our country.
In so many ways, our business is very, very unique. For example, in India, people pay with cash, and we accept cash from day one. And a lot of people in India pay with cash. And that's part of our business model.
All of the easy oil is gone and what's left is requiring more energy and money and this has an effect on everything. Our problem is that we've created an infrastructure that's so dependent on oil. As oil becomes more expensive we're going to be locked into the transportation modes that our economy depends on. So we really need to start building an alternative economy before we get caught in a trap of our own making.
Germany has great skill levels, great infrastructure, high-quality plant. If you go to the U.K., we're very creative, and we've got the language, but energy costs are pretty much the most expensive in the Western world; pensions are pretty expensive, and the skills are significantly below those in Germany and the U.S.
Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
There is a huge need and a huge opportunity to get everyone in the world connected, to give everyone a voice and to help transform society for the future. The scale of the technology and infrastructure that must be built is unprecedented, and we believe this is the most important problem we can focus on.
I`d say is stimulus infrastructure spending is not instant jobs. I think the real reason the president [Donald Trump] wants to do this is because we have a crumbling infrastructure problem and you need a good modern infrastructure for economic growth to occur.
The people of South and Central Texas and the Coastal Bend need jobs, they need health care, they need water infrastructure improvements, they need a quality education, and they need the resources to keep our borders safe and secure.
We saw firsthand how a collapsed bridge in Skagit County impacted our local economy, which is why we must fix our infrastructure now before it's more expensive to maintain in the future.
We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
In Liberia, our main obstacle is infrastructure: the lights, the water, the roads. Companies can't operate without those things. And even though we have commitments from our partners, it takes time to turn commitments into cash.
As we try to compete in this global marketplace, we need to rebuild our infrastructure. We need to rebuild our schools. We need to make sure that teachers and first responders and veterans who are coming home from serving our country so proudly have jobs waiting for them.
The investment in our mining industry has been very positive for Australia but we need to be doing more if we want, as I do, more revenue for our defence - which I think is under-resourced - our police, our elderly, our hospitals, roads, infrastructure and communication, to be able to repay our debts and enable sustainable job opportunities for existing and future generations.
There are very few fundamental shifts in global infrastructure that can happen in our life times. The financial infrastructure is one of them, and the Blockchain is changing the way we think about the transfer of value.
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