Tag Archives: Economy

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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Is China still a Communist nation?

As China once again is in the news – thanks to the coronavirus and the recent Phase I trade deal – let us look at that empire a bit more. China is increasingly becoming THE bugbear of American politicians and … Continue reading

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The state that ate its economy

According to a recent Agora Financial report, federal and state government employees here in the Fifty States now make up 21% of the total employed workforce. 1 in 5. To put it another way, on average, the four working adults … Continue reading

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Bread and circuses: the impeachment show

I’ve said very little about this pitiful reality show. And I won’t say much now – far more able people than I have written and spoken hundreds of thousands of words about this clown act. On a scale of 1 … Continue reading

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