Mac flew higher than my hopes for the future *ago

MAC FLEW HIGHER THAN MY HOPES FOR THE FUTURE *AGO FREE

One cannot offer any new cars without them, every airplane has them. Another detail that probably contributed to the casualty number: in the shots of Transrapid interiors I could not detect seat belts. The service car was on the Transrapid track by stupid negligence. This looks like a typical screw-up, just like the only two accidents of the Wuppertaler Schwebebahn were. Best of all: there was NO FIRE (because there is no fuel on board). But considering the human error angle of the crash and the relatively accident-free operation over the >20 years they have been testing it and the operation in Shanghai, the casualty number is relatively low and the survival rate (~30 percent) relatively high, comparing the incident to airplane, car/bus and conventional railway crashes. I'm sorry to hear about the crash of the Transrapid and express my sympathy to the victims and their families.

The Transrapid project should NOT be abandoned because of the untypical absence of a failsafe mechanism / technology. Every new technology has its first-use tragedies, i.e., the airplane, the rocket, the space shuttle, even the automobile.

Their will be attempts to stop maglev, but if handled openly and correctly, it will go on and grow and be better for the experience. This is certainly a serious blow to maglev, but hopefully German officials will get to the heart of what caused the tragedy. DW-WORLD.DE reserves the right to edit for length and appropriateness of content. Not all reader comments have been published. George, UT 84790 - 43 вЂ“ Securities and Advisory services offered through Commonwealth Financial Network, member FINRA/SIPC, a registered investment advisorвЂЇ.The following comments reflect the views of our readers. I believe both of these will be a drag on the economy, and the stock market, in 2022.ДanВ Wyson, CFPВ®вЂЇis author of вЂњThe Gold Egg,' and вЂњ21 Financial MythsвЂќ and owner ofВ WysonВ Financial/Wealth Management 375 E. Two of the biggest challenges we face are our loss of energy independence and our taxation through deficit spending. So, my take is that we are not in as strong a position as we were two years ago. Dumping trillions of stimulus dollars into the economy created high inflation, which is nothing more than a tax on everyone. But the problem here is that in the past two years we have seen, in my opinion, one of the biggest tax increases in history, although it was not a direct tax. Americans generally donвЂ™t like higher taxes and the more money they are allowed to keep, the more they can use it to reward businesses that produce great goods and services. This is an area where I believe American lives will continue to improve as science and medicine develop better and more cost-effective technologies.ДҐ вЂ“ Reduced Taxes вЂ“ This is the toughest of all. I am not as positive in this area as I was two years ago so will continue to watch and see if government overreach will hamper business.Д¤ вЂ“ Technological advancements.

MAC FLEW HIGHER THAN MY HOPES FOR THE FUTURE *AGO FREE

It is a downside of having a free society that every time we get a new government, the rules can quickly change. At the same time, old regulatory policies are creeping back in threatening to hinder the growth of business. This is a tricky one because Covid policy has introduced new regulations that hinder many businesses, but these are supposedly temporary. Recent market volatility due to potentially rising interest rates show there is some concern here but for the time being it appears capital is still plentiful and relatively cheap.ДЈ вЂ“ Reduced Regulation. Since expenses precede revenue growth it is imperative that businesses be able to borrow what they need at reasonable interest rates. This poses a great risk to our future.Дў- Abundant capital. It is tragic that we have already lost our energy independence and are again unnecessarily dependent on foreign nations. A cheap and reliable source of dependable energy is critical to the growth of a modern industrial nation. This was an enviable position that had been dreamed of for generations and gave us great economic strength. In January 2020 the United States enjoyed energy independence, being a net exporter of oil. So today let me review those five items and see how we are doing.ДЎ вЂ“ Energy independence.

I mentioned that maintaining those five items would be an important part of continuing our growth cycle. I listed five key reasons why I thought the economy would continue to grow and reward investors in the process.

Two years ago, I wrote about our booming economy and my hopes for a strong future.

Mac flew higher than my hopes for the future *ago