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 Re: Want to help VirZOOM?
 
 Eric,
 
 This is very addictive. I am having to force myself to get off the bike after 25 Kilometers in one session just with bandits game. Being asked by friends if I have cut down on rice(I blame rice for my belly) as my family pack(belly) reduced by half since last 2 weeks. I am strongly recommending VZ to everyone I know and they can see the results for themselves.
 
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 Re: Want to help VirZOOM?
 
 For the iTulip community's information akkibaba is a VirZOOM investor who received a unit recently. We shipped our first product in June. Other reviews...Originally posted by akkibaba View PostEric,
 
 This is very addictive. I am having to force myself to get off the bike after 25 Kilometers in one session just with bandits game. Being asked by friends if I have cut down on rice(I blame rice for my belly) as my family pack(belly) reduced by half since last 2 weeks. I am strongly recommending VZ to everyone I know and they can see the results for themselves.
 
 "We have experienced all the games and we really couldn't stop playing it. It's really awesome!"
 - CEO of a China VR Arcades company
 
 weaksauce12 @weaksauce12
 "@VirZOOM Curse your horrible VR bike. I now go to work exhausted every morning because I can't stop playing Lord of Tanks after I wake up!"
 
 My co-founder and I find it immensely satisfying to set out to create a product to solve a real problem... and it actually works!
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 Re: Want to help VirZOOM?
 
 Am surpised by that, i mean we seem locked into a deflationaly world..........sure you get spikes of inflation when you devalue the yen or £ etc. Everytime i think "This is it"...it is not .....................How long till we get back to a real world, you know inflatiion/intrest rates (posative ones!) .....................How long till we get back to a real world, you know inflatiion/intrest rates (posative ones!)
 
 Oh Hum
 Mike
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 Re: Want to help VirZOOM?
 
 Thanks, EJ! But, could we get some more clarification as to when the inflation will hit, how it will impact various markets (equities, gold, oil, etc) and are we on the verge of the "Poom" in your Ka-Poom/Janszen scenario? Thanks as always.Originally posted by EJ View PostGreenspan is right. The next surprise is inflation.
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 Re: Want to help VirZOOM?
 
 Originally posted by EJ View PostGreenspan is right. The next surprise is inflation.
 And here's where it starts:
 
 JOBLESS.jpg
 
 The #1 or #2 ranked issue for US business in recent surveys is finding and retaining qualified staff.
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 Re: Want to help VirZOOM?
 
 hasn't this been the case for some time, notably with tech workers? and thus the skyrocketing real estate prices in tech hubs.Originally posted by GRG55 View PostAnd here's where it starts:
 
 [ATTACH=CONFIG]5803[/ATTACH]
 
 The #1 or #2 ranked issue for US business in recent surveys is finding and retaining qualified staff.
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 Re: Want to help VirZOOM?
 
 If growth is overvalued then it makes sense that high-growth companies can spend aggressively to drive further growth & then that spills out into the local economy.Originally posted by jk View Posthasn't this been the case for some time, notably with tech workers? and thus the skyrocketing real estate prices in tech hubs.
 
 I don't think tech workers are scarce so much as there are many companies competing for them in a small geographic area.
 
 Look at how much Salesforce is spending on real estate & how quick those deals are getting done. There's no way those expenses would be rational & everything would be centralized in such an expensive area if growth wasn't overvalued by bond market manipulation.
 
 There was an article in TheInformation (paywall, but certainly worth it for those in the tech industry) a week ago about how a couple brothers leading the Apple self-driving car software were moving back to North Carolina because of the absurd living costs in the bay area.
 
 How can living cost be too expensive for department heads at companies with about a quarter trillion Dollars worth of bonds on their books?
 
 That is not because talent is scarce, but rather because the local economy has been restructured by bubble economics, with loan products backed by speculative stock options & so on.
 
 The condo I lived in last year in Oakland would sell for like $540,000+ in spite of poor construction quality & leaky walls. And if you paid cash and "owned" it then you'd be spending like $1,500 a month on HOA fees, property taxes & property insurance. And you'd expect those HOA fees to keep ramping up briskly as construction quality meant that hundreds of additional units would soon need wall/floor/roof replacements due to the leaks.
 
 I lived in the midwest for a large portion of my life & can recall when my mom sold her house in rural Illinois about 15 years ago for about what a year of rent cost in Oakland.
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 Re: Want to help VirZOOM?
 
 Yes. And before that it was with oil and gas sector workers and particularly technical staff such as engineers, geologists and geophysicists. There's always some pockets of activity that drive demand, but what we are seeing in the business surveys now, for the first time since the last recession, is a widespread, across the country issue of finding and retaining qualified staff. That's why I think we will see an expansion of the industry or region specific worker shortage driving wage inflation (the bad inflation according to the Fed). I am also of the view the Fed will be behind the curve with Yellen's game of hide & seek wrt Fed funds rate. The long rate is at risk of unhinging and heading up faster than short rates imo.Originally posted by jk View Posthasn't this been the case for some time, notably with tech workers? and thus the skyrocketing real estate prices in tech hubs.
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