Commentary Most of us barely paid attention last week when Congress, entirely under the control of one party, passed two huge pieces of legislation with a price tag of $730 billion. We get the headlines—transition to green energy and support chip manufacturing—but not the details simply because they are too voluminous. Members of Congress do…
US Government: The Corrupt Bank That Cannot Fail
August 4, 2022
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administrative stateAnalysisbureaucracyBusiness & MarketsBusiness ColumnistsDeep StateinflationInflation Reduction ActOpinionrecession
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Are We Heading to Another Great Crash (of 1929)?
Commentary I have studied quite extensively the stock market crash of October 1929, and the Great Depression of the 1930s that followed, for a book I am writing on crisis forecasting. I recently noticed that the current economic and financial conditions have started to align with those that preceded the “Great Crash” in a rather…
Are We Heading for Another Great Crash (of 1929)?
Commentary I have studied quite extensively the stock market crash of October 1929, and the Great Depression of the 1930s that followed, for a book I am writing on crisis forecasting. I recently noticed that the current economic and financial conditions have started to align with those that preceded the “Great Crash” in a rather…
The Importance of Pelosi’s Visit to Taiwan
Commentary Speaker Pelosi’s visit to Taiwan reaffirms U.S. commitment to the island nation and reveals China to be a paper tiger. China threatened military action if Speaker Pelosi visited Taiwan, but this didn’t stop her. This visit represents the highest level U.S. visit in 25 years. The Trump administration had accelerated weapons sales to Taiwan…
Labor Markets Are Fragile and Beginning to Break
August 3, 2022
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AnalysisBusiness & MarketsBusiness Columnistsinflationlabor marketslabor participationOpinionrecessionU.S. economyunemployment rate
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Commentary The Biden administration’s main talking point against the existence of recession is the unemployment rate. Sadly, a “rate” never hired or paid anyone. In the real world, there are signs of growing strains once you disaggregate the data by income expectations, gender, and other factors. There is no shortage of jobs available in lower-wage…
The Lockdowns Kicked Off This Depression
August 2, 2022
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AnalysisBusiness & MarketsBusiness ColumnistsdepressioninflationInflation Reduction Actlabor participationlockdownsOpinionprosperityrecessionstagflationU.S. economyunemployment rate
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Commentary If you were on vacation last week, good for you. You missed one of Congress’s greatest-ever scams. They just approved some $750 billion (do these numbers even mean anything anymore?) to “transition” us from fossil fuels and coal over to reliance on the wind and sun, and also to subsidize a bunch of chip…
The Censoring of The Epoch Times
August 2, 2022
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AnalysisBig TechBusiness & MarketsBusiness ColumnistscensorshipEpoch Timesfree pressfree speechOpinionTwitter
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Commentary There was great drama over the weekend when Twitter, without explanation then or now, suddenly started labeling all content from the domain of The Epoch Times as unsafe. The page to which the reader was referred was once reserved for sites that are malicious or spammy or otherwise represent a technological threat. Years ago,…
China’s Grain Hoarding Contributes to the Rising Cost of Food
Commentary “The food of the Chinese people must be made by and remain in the hands of the Chinese people.” —President Xi Jinping Global grain-trading strategies are currently in motion, thereby driving up food costs, while many profit at the expense of others. One reason food costs are rising is China. China is stockpiling food…
Two Problems That Will Keep the Younger Generations from Becoming Stock Market Millionaires
Commentary The younger generations should ignore the chart below that is often seen in a variety of forms in the financial media touting “how easy it is to become a millionaire.” There are two primary reasons millennials aren’t saving as they should. The first is the lack of money to save, and the second is…
2 Problems That Will Keep the Younger Generations From Becoming Stock Market Millionaires
Commentary The younger generations should ignore the chart below that is often seen in a variety of forms in the financial media touting “how easy it is to become a millionaire.” There are two primary reasons millennials aren’t saving as they should. The first is the lack of money to save, and the second is…
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