A second Trump term: expect the economy to boom, and other predictions

Given the ongoing decline of the credibility of the Biden administration and post-debate implosion of his campaign, a second Trump term must be seriously entertained. Here is what I predict will happen: Similar to 2016-2020, Trump will not do much legislatively, save for tax cuts, which are an easy legislative win if the Republicans can… Continue reading A second Trump term: expect the economy to boom, and other predictions

Governments Continue to Dump Bitcoin as Price Crashes , Bitcoin Lags Tech Stocks

AFIK, I was the first, in late 2021, to argue that leveraged tech is superior to Bitcoin and “this decade’s Bitcoin“, and that Bitcoin would severely lag tech stocks, while at the same time track the stock market on the downside. Fast-forward to 2024 and Bitcoin is dying as tech stocks surge, as I said… Continue reading Governments Continue to Dump Bitcoin as Price Crashes , Bitcoin Lags Tech Stocks

Bitcoin keeps falling as stocks keep going up

There are three certainties in life: Death, taxes, and Bitcoin falling. Bitcoin continues to crash as predicted, breaching $57k on its eventful trajectory to $20k or lower. The divergence between Bitcoin and leveraged tech ETFs keeps widening, as predicted also: Earlier this year it looked like I was wrong, but then Bitcoin inexplicably collapsed as… Continue reading Bitcoin keeps falling as stocks keep going up

The end of work

Every indicator points to the rise of a post-work, post-scarcity economy, such as the rise of AI, or discussions of 4-day workweeks, which are being tentatively rolled-out or experimented, along with some cities implementing small-scale UBI programs. Low-paying retail work, in particular restaurants, are increasingly and chronically understaffed. Or an increasing number of holidays. This… Continue reading The end of work

Consider Specialization: The Benefits (and drawbacks) of Specialization

A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook… Continue reading Consider Specialization: The Benefits (and drawbacks) of Specialization