Category Archives: Economy
Truth Shall Prevail
Year-to-date the S&P 500 is down 5.9 percent. Over this same time, the NASDAQ is down over 10 percent. Should you buy the dip? Should you sell the bounce? Continue reading
Social Insecurity and the Fate of All Ponzi Schemes
Elon Musk – the richest man in the world – is doing a fine job shaking up Washington’s political establishment. He recently took to the Joe Rogan podcast where he said, “Social Security is the biggest Ponzi scheme of all time.” Continue reading
The Choice
Sometimes things must get worse before they get better. Reducing deficit spending and eliminating government waste, for example, will initially have a negative impact on GDP and employment. Though, this is exactly what is needed to restore America’s economic health. Continue reading
How The Trade War Ends
The quote “When goods don’t cross borders, soldiers will,” is frequently attributed to 19th century writer and free market economist Frederic Bastiat. While these specific words, strung together with this specific syntax, cannot be found in Bastiat published catalogue, their sentiments are of the type he would have likely endorsed. Continue reading
