I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Sunday Night Futures
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Monday:
• At 8:30 AM ET, the *Chicago Fed National Activity Index for April* will
be released. This is a composite index of other data.
Weekend:
• Schedule...
"A random tour through some scaling laws"
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*"This, of course, is where the mystery of the game of dimensional analysis
*[pdf]* lies: which variables should be invited to the party?" *
One of the ref...
The Market Ticker - Oh Look, It's Nixon!
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Oh boy, here we go.
President Barack Obama will not cooperate in a “partisan fishing
expedition” over who knew what and when about revelations that group...
Traders - Episode 1x03 - Bad Is Good
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Traders is a Canadian television drama series shot and aired in the late
1990s. It is an interesting and entertaining TV series based on a fictional
invest...
About The IRS Bit
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Here is the IRS internal report on the matter, which clearly establishes
that illegal criteria were used to select cases for processing and that the
additi...
Private Colleges Propogate Wealth Gap
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A recently released report found that private colleges are keeping the poor
in debt while giving wealthier students a leg… Continue Reading
The post Priv...
REITs
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A few articles on REITs (Real Estate Investment Trusts).
First, an article from Bloomberg discussing a few notable REITs,
particularly American Capital A...
Today’s Payrolls Data Worse Than Spinmeisters Say
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The Monthly payrolls data from the BLS shows, over the past year: * About
1.9 million more jobs, but only a 1.3% increase in jobs * Job growth is
about the...
Big Illegal Alien Tax Derp
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A friend sent me the link to this vid. It's so full of po' white angst and
big scary numbers.
My comment:
Without condoning any kind of tax fraud or o...
Gold reversion time
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With the incredible one day 5.68% drop in the gold price today, the
correlation that has existed since 2001 with the growth of US debt came to
an abrupt en...
You are what you Eat
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Throughout Human history starvation was always a constant threat. Now a new
threat looms, the threat of obesity. People are getting fatter. Starting in
the...
Making Billions From Female Millennials
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*Fashion companies have routed the S&P 500 during the time period of 2009
to 2013; during this period, one company experienced over 2400% growth
(blue li...
Retail Gasoline Prices Revisited
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Been awhile, but here is an update of the all in average retail price per
gallon of gasoline in the USA. I like to look at the 52 week MA as a proxy
for ...
Fed failed to predict 2008 recession
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Fed Admitted Ignorance, Underplayed Severity Of Situation Just Ahead Of
Massive Crisis, New Docs Reveal
01/18/2013
"If you want to feel confident that the ...
Final Curtain
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*European finance officials have discussed limiting the size of withdrawals
from ATM machines, imposing border checks and introducing euro zone capital
con...
credit rating opinions?
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With credit ratings agencies essentially poised to reject refinancing plans
for Portugal and Greece it may be well to remember who pays the agencies’
bills...
11 comments:
It's... it's almost as if there's two economies. One where all the wealth accumulates and one where all the work is done.
Rob Dawg,
As a gamer, I tend to see it as an arcade video game.
Once a player reaches a billion dollars all they are trying to do is get the top score.
It's really hard for me to imagine that there would be another reason.
Put another way, is a two-billionaire really twice as well off as a one-billionaire, if not for the bragging rights?
Sigh.
I would cost me at least $98.1b to construct a space elevator.
When the book Jurassic Park came out, I was thinking "Damn, if I had billions of dollars I could create dinosaurs!".
http://research.stlouisfed.org/fred2/graph/?g=cXU
is my favorite FRED graph (non-financial debt / GDP)
http://research.stlouisfed.org/fred2/graph/?g=cYx (corporate profits) explode coming out of the dotcom recession.
globalization, a yielding Fed, and the tax cuts were a helluva drug I guess.
M2 isn't necessarily the Fed printing, it's also how many times a dollar has been "saved" & lent out again.
Rob Dawg,
Let's get that price down. Pay lobbyists a few hundred million to get your space elevator subsidized?
TJandTheBear,
I've heard some suggest that hurricanes help the economy (rebuilding puts people back to work).
Just think what dinosaurs could do!
Troy,
The more we spend the more we save!
The more we lend the more we save!
The more we pretend the more we save!
There seems to be an ominous "end" pattern here.
"It's The End of The World As We Know It..."
nanute,
It's a mad world.
I find it kind of funny.
I find it kind of sad.
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