CAS EC 102 Lecture Notes - Lecture 6: Drew Houston, Lebron James, Mark Zuckerberg
13 Apr 2016
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Online: inlacion-wrought venezuela orders bank notes by the planeload. Dropbox may not be lebron james, but it is sill in the game. Only bring in so much gasoline (people watch tanker trucks on highway) Deied his parent"s wishes and became an economist. Confusing cuz he swapped the axes y is price, x is quanity. 100 years ago, price was dependent on the world. Russia went from 1990s horrible oil prices, then economic recession. In 2000s, price increased so much, 20003 moscow is one of the most expensive places to stay. Saudi arabia, iraq, iran, venezuela, nigeria, russia oil prices will plummet and they will fall apart. Gasoline prices regulated, only allowed to change once a day. Now, everyone wants to be the next facebook or amazon. Where many people keep their wealth/savings (aka markets rise investors richer, markets fall investors poorer) Company is private, he can"t get his wealth unil his company is bought by an ipo.
