Category Archives: Economics

Why President Trump is Determined to Spank Chairman Xi

Update: China’s Great Leap Backward China Enters a Stage of Vulnerability Here are some vulnerabilities, all of them affecting China’s economy and the Communist dictatorship’s ability to project power. Corruption challenges the dictatorship’s legitimacy. Managing the complex economy and addressing … Continue reading

Posted in China, Demographics, Donald Trump, Economics | Tagged , | 2 Comments

US Prosperity: Europe is Poorer, But Switzerland is Better

… if you look at the U.S. average ($54,629), it obviously is higher than economic output in European nations. And if you prefer direct measures of living standards, then data on consumption from the OECD also shows that America is … Continue reading

Posted in Economics, Europe | Tagged | 2 Comments

Obama Marvels at Donald Trump’s Big “Magic Wand!”

Two years ago, Barack Obama proclaimed that the only way that Trump could boost economic growth and manufacturing in the US, was to wave a “magic wand.” Former Obama economist Larry Summers famously declared that economic growth in the US … Continue reading

Posted in Donald Trump, Economics, Obama | Tagged | Leave a comment

Shocking Rules for Preventing Personal Poverty

According to the British Cohort Study, following just a few rules in adolescence and early adulthood will reduce your likelihood of being impoverished. Finish High School, or the equivalent Avoid Teen Pregnancy Avoid Long Term Unemployment in Your Early Twenties … Continue reading

Posted in careers, Economics | Tagged | 1 Comment

I Could Not Find Sex Dolls on This Chart

The prices for hospital care and college tuition are shooting through the roof, while prices for televisions and computers have been dropping. Automobile prices have been relatively flat, while wage increases are barely outrunning the increases in costs for food … Continue reading

Posted in Economics, Sex | Tagged | 2 Comments

Is There a Recipe for Disruptive Innovation?

Singularity University’s Global Startup Program The Singularity University (SU) is Ray Kurzweil’s and Peter Diamandis’ attempt to bring about radical planetary change for the better. The SU’s Global Startup Program is a boot camp and training program for entrepreneurs who … Continue reading

Posted in Economics, innovation | Tagged | 1 Comment

Open Source Innovation: From Out of Nowhere

The Disruptive Innovation That Knocks You On Your Ass These types of innovations often come from out of the blue. The more open the society, the more types of financing can be discovered to take a blockbuster innovation from new … Continue reading

Posted in Creativity, Economics, innovation | Tagged | 2 Comments

Empty Towers on Debt Mountains: China’s Vulnerability

Until now, China has managed to keep its huge raft of nonperforming debt afloat thanks to capital inflows, as successive waves of quantitative easing pushed dollars into the world. A tighter dollar would seem to make the bursting of China’s … Continue reading

Posted in China, Economics | Tagged ,

What Does Full Employment Look Like?

We can get a good picture of full employment by looking at Midland, Texas, where the unemployment rate hovers near 2%. Finding workers to do ordinary jobs as teachers, restaurant cooks, bus drivers, city workers, prison guards, etc. is getting … Continue reading

Posted in careers, Economics, Energy, Shale Oil & Gas Revolution | Tagged

Saving the US from the Obama Decline

The Obama Economic Decline One reflection of the Obama economic decline was the stark drop in labor participation rate over the 8 years of the Obama presidency. Under Obama, Americans exhausted themselves in the search for opportunity, and millions of … Continue reading

Posted in Donald Trump, Economics, Obama | Tagged , ,

US: Too Many Jobs; Not Enough Workers

US Labour Shortages Intensify Across All Sectors For all areas of the US economy — from small businesses to giant corporations — a growing shortage of workers is beginning to be felt. The unemployed labour pool (6 million) is now … Continue reading

Posted in Competence, Donald Trump, Economics | Tagged , | 5 Comments

Venture Startups and Disruptive Innovations

The election of Donald Trump as US President in November 2016 sent a signal to investors that the Obama government sabotage of business was coming to an end. Following 4 straight quarters of decreasing investment, investors poured a record-breaking $5 … Continue reading

Posted in Economics, innovation | Tagged

What Has US President Donald Trump Been Doing These 500 Days?

60 of Trump’s Accomplishments so Far: Taken from an article in the Washington Examiner: 500 DAYS: In his first 500 days in office President Donald J. Trump has achieved results domestically and internationally for the American people. Since taking office, … Continue reading

Posted in Donald Trump, Economics, Government | Tagged , | 3 Comments

Xi Jinping’s Extreme Makeover: Marxism that Really Works!

China’s president-for-life Xi Jinping has turned to “born-again Marxism” in an effort to revise history and to re-shape national consciousness around a more malleable model that suits his purposes. … Xi and his supporters [are] now trying to use [Marx] … Continue reading

Posted in China, Economics | Tagged | 1 Comment

Is Trump Bringing Latin America to Its Senses?

Not so long ago, Latin America was riding a big red wave of leftist triumphalism — from Cuba to Venezuela to Ecuador to Brazil to Nicaragua … But leftism in Latin America seems to have fallen on hard times recently: … Continue reading

Posted in Economics, Ideology, Politics | Tagged | 1 Comment

On Putting the Freeloaders Back to Work

In case you still believe that Donald Trump is not accomplishing important work behind the Twitter smokescreen, consider the issue of “welfare reform,” otherwise known as putting the freeloaders back to work. According to government statistics, there are about 6.9 … Continue reading

Posted in Donald Trump, Economics | Tagged , | 6 Comments

China Loses Market Share… And Workers

China is no longer the manufacturer of first resort for a growing number of western importers. China is losing market share to upstarts, newcomers, and old grizzled rivals such as Japan, Taiwan, and South Korea. China is losing market share … Continue reading

Posted in China, Demographics, Economics | Tagged | 2 Comments

A World Badly In Need of a Proper Disruption

First Bitcoin, Then Stocks, Then Oil Prices Fall Recent turbulence on global markets has cast a spell of “fear and trembling” over many financial journalists. The financial media is known for its blatant stupidity, making mistakes such as confusing stock … Continue reading

Posted in Creativity, Disruptive Technologies, Economics, Groupthink, innovation | Tagged | 2 Comments

Tax Reform Latest Boon to US Economic Growth

So far, 273 US companies have announced bonuses, rate hikes, and 401K match increases as a result of US President Trump’s tax reforms. Just weeks after the federal government adopted the biggest tax overhaul in three decades, the effects are … Continue reading

Posted in Donald Trump, Economics | Tagged | 1 Comment

Germany, China, and EU Very Worried by US Tax Reform

Germany, China, and EU Very Worried! The change in the capital investment rules gives US firms “a tremendous advantage,” [Gavin Ekins] said. “It’s a pro-capital formation tax bill and this is why other countries are so wary about what the … Continue reading

Posted in Donald Trump, Draining the Swamp, Economics, Germany | Tagged , | 4 Comments

China’s Growth is 100% Debt Driven

China leads the world in economic growth but that growth is 100% debt-driven. China’s recent $10 trillion in growth comes from $10 trillion in additional debt. … The instability of China’s credit-fueled, investment-focused growth strategy is—without a doubt—one of the … Continue reading

Posted in China, Demographics, Economics, Poison | 2 Comments

Can Millennials Grow Up Before They Grow Old?

The Millennial Generation are those North Americans who were born between 1984 and 2000. They were always told how special they were, but they were rarely raised or educated in ways that would give them the skills — and develop … Continue reading

Posted in Demographics, Economics | Tagged | 5 Comments

The Engineering Apocalypse: David Goldman “Spengler”

Update: Can the “Engineering Apocalypse” save China from its perfect storm? According to the South China Morning Post, the impending economic crisis is rooted in expansive fiscal policy, increased government spending, rising property values, extremely lax monetary policies, record-high bank … Continue reading

Posted in China, Economics | Tagged | 1 Comment

High Tax / Low Opportunity States Losing People

States that voted for Hillary are going broke and losing the people and businesses they cannot afford to lose. High-tax states are losing human capital and financial wealth to low-tax states with more personal and regulatory freedom. When people leave … Continue reading

Posted in Demographics, Economics, Government, Politics | Tagged

“Chinese [and World] Financial Flaws Leading to War”

War is Coming Discussion of China’s multi-faceted predicament begins near the 33 minute mark in the video below. The speaker anticipates a cascading war encompassing most regions of the globe as a result of economic constraints in China (poor supply … Continue reading

Posted in China, Economics | Tagged | 5 Comments