Tag Archives: Economy

A Baker’s Dozen ™ Economic Lies

Some common lies spouted by governments, public education institutions, and financial institutions, among others: 1. The US Constitution’s “general welfare” clause means Congress may pass whatever legislation it thinks will help the country. Actually, the Preamble (in which this phrase … Continue reading

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Economy still sinking?

Got a future? Got a way to survive? To prosper? Really? Seems as though we are being told that “the end is near.” America is doomed. The world is doomed. Are the doomsayers right?

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Crossroads or fork in the road – dead ends ahead?

The constant meme, mainstream or alternative media, seems to be that 2022 is all about major changes – both those which happened in the first half of the year (almost over) or will supposedly happen. Now, astute (and the few … Continue reading

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Economic news – is it real?

This last week, the American stock market seems to have taken a beating. Especially the Dow, as Market Watch reports: Up-down-up-down – a thousand points: It was an especially bad week for at least ONE billionaire: Jeff Bezos’ fortune dropped … Continue reading

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Setting new records – the Anti-Trumper regime

Uncle Joe has made it clear since Election Day 2020 that the dominant theme of his administration was to be to do the opposite of what The Donald and his people did for the previous four years. He appears to … Continue reading

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Thank you, Uncle Joe!

Saw this on one of my professional literature websites the other day. Assuming that the BLS is not lying (and if they were, it would be almost certainly in the direction of showing LOWER inflation numbers, not higher), this shows … Continue reading

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Drought, wildfire and the American dream

Drought and wildfires are constantly with us. This summer and fall are expected to be particularly bad for both according to many forecasters and predictions. Some areas are hard hit, and some have been very bad in the past. Now, … Continue reading

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Biggest victims of the novel Coronavirus: #2 is the economy

Not jut the American economy, but the world economy, has been severely damaged by the Pandemic Panic. Not the virus or the disease itself, but the reaction to it. Severely damaged and even destroyed. In the Fifty States right now, … Continue reading

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If I pay you enough, will you take my oil?

I admit that I have never completely understood the futures market in commodities, much less the entire derivatives system. But it was a negligent discharge this week.

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Red China’s desperate condition

As the “Beer Flu” continues to kill more and more Chinese people, and tens of thousands grow sick, the situation of Mainland China grows more dire by the hour. Serious now, all China’s problems seem to be getting worse quickly. … Continue reading

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