Category Archives: Politics
The Economic Motherboard is Now Fried
Economics is a boring and tedious trade to the casual observer. All the monthly report outs on GDP, employment, manufacturing, inflation, among other indexes, are a dull waste of time. What decisions could one possibly make to improve their lot … Continue reading
The Beginning of the End for the European Union
The European Central Bank initiated a new mass money debasement scheme yesterday. If you recall, this involves buying €60 billion ($66 billion) a month of European government bonds. Somehow this is supposed to improve the economy. No doubt, the European … Continue reading
From Bad to Worse in a Big Way
Just when it appeared that a $50 per barrel floor had been put under the price of oil, something unexpected happened. The price of oil dropped over 2 percent to about $48.74 a barrel. What’s more, it could fall much, … Continue reading
Dock Worker Shakedown and You
The fog was especially thick one morning last week. Visibility was greatly constrained. The fog horns bellowed in the darkest hour before dawn while we stirred from our splendid slumber. Here in Long Beach, the frenetic movement at the mammoth … Continue reading
