My Comments: Readers of this blog know I’ve railed against the growing income inequality in this country for a long time. Income inequality is inherent in the human condition. Since recorded time began, it’s clear there were “haves” and “have-nots”. In recent times, the disparity really started to diminish following the great depression in the …
Continue reading America’s Wealth Inequality Is Getting Worse
My Comments: Over the next 25 years, the US will resume it’s role as THE major global economic influence. You can argue it will happen as a result of bringing coal mining jobs back to Appalachia or because there will be a wall built along our Mexican border, one built by Mexico with help from …
My Comments: This may be far too long to read in one sitting. But if, like me, you are willing to absorb some rather heavy reading, you may find yourself somewhat relieved by the message. Stephen Sestanovich | May 2017 Every 20 years or so—the regularity is a little astonishing—Americans hold a serious debate about …
Continue reading The Brilliant Incoherence of Trump’s Foreign Policy
My Comments: Several months have passed since this was written but the message is as real today as it was then, perhaps even more so. I’m almost willing to give 45 and his cronies a pass since I don’t think it was, or is, their intent to subvert our system of democracy. But they sure …
Continue reading Russia has a grand plan to undermine the West’s democracies — and it’s working
My Comments: Last Thursday and Friday I re-posted two articles about the US and China. This is related to those two. We as a nation have about $20T (that’s TRILLION) of debt. Sooner or later, we have to pay it back, and #45 has promised huge infrastructure and defense spending increases. Either we grow our …
Continue reading China Can’t Carry Global Economy if U.S. Stumbles
My Comments: Yesterday, I posted about how 45 has handed China a huge advantage. This one is more along the lines of “Really?”. But I challenge anyone who voted for Trump to read these two posts, and point by point, show me where I’m wrong. I really want to know as I find it hard …
My Comments: This is a topic that resonates with me, and yes, it probably conforms to my bias as a left leaning Democrat. And yes, creating a total rethink of the assumptions about government and it's role in society is something I can live with. However, for the past 12 months or more, the message …
Four words surfaced in the 1991/92 presidential election cycle that put Bill Clinton in the White House. Those four words were “It’s the economy, stupid!”. My thoughts here echo that catchphrase but extend beyond the recently completed election cycle and instead are an attempt to better understand the current malaise that is gripping the country, …
My Comments: I’m thinking of getting into the markets. That’s a sure sign the bottom will soon drop out. Jesse Felder on March 18, 2017 Last week I focused on fundamentals, sharing 3 charts that show stock market valuations are totally unprecedented. This week I'll focus on sentiment. When looking at sentiment many people like …
Continue reading 3 Charts That Show Stock Market Euphoria Is Totally Unprecedented
My Comments: Fixing what ails us ain’t going to be easy. Especially when the two political parties are more intent on having the other fail than doing what we hired them to do in the first place. My future is limited while that of my children and grandchildren has decades to run. Economics, despite it …
Continue reading The 5 Worst Possible Shocks To The Economy; From Washington, D.C.
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