Last week, I was reading the paper and I saw the most insane comment I have read in a paper for years.
It in relation to taxation changes in the Resources sector. “Most of the Venture Capitalists I talk to say their biggest issue is access to capital”.
If you are a Venture Capitalist without Capital you are simply a Venturist. These people are not capitalists, they are parasites, they add no real value and take huge fees, I hope they all go broke and quickly.
These clowns seem to have completely ignored the evidence that says their economic models (rational economics, etc), the financial engineering, and new management religion don’t work. You’ve had 20 years and it failed.
I want to hear from a new voice, one that understands logic, history and evidence.
Can we now get back to considering productive capacity as value and not the money that describes that value please?
Recent Comments