- A Bluefin Tuna sold for $3.1 million in Tokyo the other day. A painting that most experts think might have been painted by L. Da Vinci sold for $450 million a while back. What is going on here? Some people are spending like there is no tomorrow.
- I read a 7-year-old who reviews toys was the highest paid U-Tube star last year – making $22 million after having 26 billion views. I knew this was going to happen. Nothing surprises me anymore. I want to create a site for reviewing games for old people. They have the money; and there are a lot of them.
- Japan needs more workers. We need more workers. A lot of countries need more workers. They are needed to do the jobs and to pay into the Social Security & other social programs. But nobody really wants more people. It is a puzzlement.
- When I was in college you could pass Econ 101 if you grasped “What’s good for General Motors is good for the country – and Vice-versa. Today, if you touted that – you would flunk the course. What is good for the country – and Vice-versa today? I wonder.
We’ll leave this section with an upbeat piece of advice: “Slow down you are going to fast…Got to make the morning last.”
- This just came in: Studies show: Underpaid CEOs tend to fire workers – so they can show (short-term) profits – for their Bonus’s. And other studies show: Overpaid CEOs do the same thing. (But you knew that.)