Category: Uncategorized

Due to Covid, the national debt has swelled to levels never before seen, at $26 trillion, and debt to GDP also made new highs, surpassing the highs of WW2: People are wondering, “Is this sustainable?” “Will income taxes have to rise?” “Will there be hyperinflation?”” Will the dollar collapse?” In short: yes, no, no, and… Continue reading Understanding the debt situation

The three major stories of the second-half of 2020 are: BLM protesters and the apparent inability/unwillingness of anyone in charge to do anything to stop the unrest. Every few weeks or so, there is new rioting and looting. This has become the ‘new normal’ in post-covid America, in which there is so much capital due… Continue reading The post-Covid social and economic landscape of America

A common argument or refrain from the right is that the left is opposed to ‘law and order,’ or that law and order is being undermined by democrats. I think, rather, law and order is being selectively enforced. So in the case of BLM and other protesters wrecking havoc, there is very little law and… Continue reading ‘Law and order,’ but selectivity enforced

A question I have pondered is, why are low-stakes issues so persistent in terms of discourse? The issues of trans rights and pronoun usage has exploded in recent years, since 2017 especially, after Trump won and Dr. Jordan Peterson became so popular. This includes: people choosing their preferred pronouns, gender fluidity, trans people in sports,… Continue reading Why low stakes issues dominate discourse

Saw this going viral Trump issues executive orders to BAN TikTok and WeChat in 45 days President Donald Trump has issued executive orders effectively banning Chinese video sharing app TikTok and messaging service WeChat in a dramatic escalation of tensions with Beijing that sent stocks tumbling worldwide overnight. Using national emergency powers, Trump on Thursday… Continue reading TikTok 45-day deadline

Elon Musk says ‘China rocks’ while the U.S. is full of ‘complacency and entitlement’ Musk replied: “China rocks in my opinion. The energy in China is great. People there – there’s like a lot of smart, hard working people. And they’re really — they’re not entitled, they’re not complacent, whereas I see in the United… Continue reading Elon Musk Praises China

Regardless of whether you think TikTok is good or bad, the odds of it being blocked are about zero. The overwhelming likelihood is either Trump will change his mind upon realizing the frivolity and impracticality of the proposal, or the courts will strike it down, or the ISPs will not comply. I think the courts… Continue reading TikTok is not going anywhere

The $600 weekly unemployment benefits checks under the CARES act have expired yesterday. Not surprisingly, the liberal media is predicting things will get worse if they are not renewed, and that this is a big crisis: Cutting off the $600 boost to unemployment benefits would be both cruel and bad economics Millions of Americans risk… Continue reading Failing to renew $600 unemployment checks will not hurt the US economy much

Tesla, along with Microsoft, Amazon, Google, and Facebook are laying the digital and physical (in the case of Tesla) groundwork and infrastructure for the type-1 civilization transition that futurists for decades have been predicting, although few have offered any specific investing advice to profit from this transition. This is not to be be confused for… Continue reading How big can the tech giants become?

The article Universal Basic Income is Capitalism 2.0 went viral. I’m a huge fan of capitalism and free trade, as laid out in Adam Smith’s genre defining book The Wealth of Nations. The first core component of capitalism is the understanding that when everyone performs the work they are best at, then trades with each… Continue reading The UBI Debate: Mixed Socialism