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Economics

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      It's complicated
      All my life I've been interested in geography, history, world events, science, everything that goes on and how it all somehow connects. Politics is boring, but one has to be aware of it. About two decades ago I got interested in economics, and I've discovered that it ties into all the above.

      According to Jim Rickards - I know of nobody better at this - has said that economics is a science, but most economists are motivated by dogma.

      There is the "selfish" element of wanting to understand the financial world and make money, but I can't live without sharing what I have. For me it's mostly intellectual, about how to find ways to improve, get the the machine of human society to work better.

      Too many people equate thinking about money and wanting it with greed, but it's the love of it that's a problem. Ignore it at your peril, getting a financial and economics education is worth gold! It can mean the difference between being buffeted about by life or getting control and achieving what you want.

      This is a huge subject, worthy of life long study. Did I demystify it a little bit?


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      Neofeudalism, Stupid Elites

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          and the absurdity of poverty

          Feudalism never disappeared. It just got hidden behind the midle class and industrialization. The problem is that the elites still have the feudalist mentality and engineer wars, terror, poverty and all types of repression in order to stay in power.

          Here's another business model: Sweden and Switzerland are two of the richest countries in the world, and they were neutral during WW2. IOW, the peace dividend works better than the war boom bust cycle. Those on top where there's peace and constantly increasing prosperity get a lot richer and don't need to do battle against discontent.

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          Why Trumponomics Can't Work

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              It's really quite simple

              The only relief from higher living costs in later years has been ever cheaper consumer goods. When everything gets more expensive, that will hit the rust belt voters too. The automated production that comes back eventually will help with the prices, but produce only a few high skill jobs. The rust belters will turn on their "saviour", and that will save the nation and the world from the disastrous greatness projects.

              This is very general, but if you reply below I can explain.



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              Money Better Spent

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                  This little poster of possibilities was put together (artist unknown) before the projected cost of Trumps anti-illegal immigrant wall increased to a speculative f $ 21 billion, but it still gives us all something to think about. Of all the ways we could better spend the money it would take us to build the wall that Mexico ain't gone pay for.

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                  McDonald's Restaurants Across The US Close For 'Day Without Immigrants'

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                      _______________________________________________________________________

                      'McDonald’s outlets across the United States, along with hundreds of other restaurants and businesses, closed their doors on Thursday as protests against President Donald Trump’s immigration policies swept the country.

                      'The Day Without Immigrants protest, for which support was largely drummed online, urged foreign-born workers to refuse to participate in the US economy for a day.

                      'Schools, restaurants and grocery stores shut across the country, in a direct response to Mr Trump’s promise to seal the southern US-Mexico border and his suspended ban on citizens from seven majority-Muslim countries.

                      'It remains unclear whether the fast food giant voluntarily closed its outlets or if it was unable to operate as a result of workers not showing up to work however many burger fans shared updates via Twitter and Facebook on locations that were closed or operating on a limited service.'

                      http://www.independent.co.uk/news/business/news/mc...

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                      1 Star Reviews On Ivanka Trump's Perfume On Amazon

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                          I saw an article on CNN that says that Ivanka Trump's perfume is now a best seller on Amazon. http://www.cnn.com/2017/02/17/us/ivanka-trump-perf...

                          So I had to see if for myself, and went straight to the 1 star reviews. These reviews were so hilarious. Here is my favorite one:

                          on February 17, 2017
                          WARNING! I experienced unintensed side effects with this perfume! It smelled nice enough, but for some reason it was driving my cat crazy! While I was taking the kids to school she got into it and knocked it all over the floor, totally covering herself with it!

                          The odor was so strong on her that I had to put her outside, but then things got worse! A big, orange, neighborhood tom cat smelled the perfume on her and came right up and grabbed my poor little pussy!


                          https://www.amazon.com/product-reviews/B00CJI9250/...

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                          The World Is Japan

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                              Why debt is crushing us

                              It's so easy to laugh at others that we see as inferior and think that they lose, we win. In the integrated world of today though, with the whole fincial and economic system being as fragile as it is, a much smaller event than the Euro or Chinese debt imploding can topple the whole house of cards. The bigger economies, banks etc can extend and pretend and blow more fiat money into the bubbles that get stretched so thin that only a tiny event - like Icelandic banks in 2008 - can topple the houes of cards.

                              Today I heard an interview with Jim Rickards. It was about his book The Death of Money, on YouTube. Nobody understands this better than him and talks about it to the public. He said that although there's no formal legal limit to what the central banksters can do, there is a limit to how much bubbles can stretch. I call them banksters because they play a a dangerous game, and many people will get hurt.

                              Japan has had 3 lost decades after the late-80es crash. The world didn't learn from that, but is going the same way. That's why the world is Japan...

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                              Ford Not Scrapping Plans To Build Mexico Factories: Company Exec

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                                  _______________________________________________________________________

                                  "Ford is sticking with its plan to build two new factories in Mexico, despite an announcement last month that it had scrapped plans for a plant in the central state of San Luis Potosi.

                                  "The US carmaker said a planned factory in the central state of Guanajuato will build engines and transmissions, while another in the northern city of Chihuahua will make car parts for use by Ford factories in the United States, South America and Asia.

                                  "The two facilities will cost about $2.5 billion and employ some 3,800 people, said Gabriel Lopez, president and CEO of Ford Mexico.

                                  "Ford without warning last month canceled plans to build a $1.6 billion project in San Luis Potosi.

                                  "It is one of several American companies coming under pressure from US President Donald Trump, who has offered inducements to keep some US manufacturers in the United States, and threatened others with punishing tariffs if they go.

                                  "Ford, which has been operating in Mexico for about 90 years, currently employs around 9,000 workers in Mexico, according to Lopez."

                                  https://www.yahoo.com/news/ford-not-scrapping-plan...

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                                  Trump Claims Drugs Are Cheaper Than Candy, Americans Collectively Facepalm

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                                      Tell that to my cousin! She'll give you (donald) a good smack up beside the head and one in the nose for good measure!

                                      ______________________________________________________________________

                                      'At a press conference on Friday afternoon, Trump took some time in between dissing the media to discuss a few of the problems facing America — one of which, is the fact that drugs are apparently becoming cheaper than candy.

                                      '"We're becoming a drug-infested nation," Trump said. "Drugs are becoming cheaper than candy bars."

                                      'Lol, what??????

                                      'I mean, sure, candy is a bit pricy if you're going for the good stuff, but more expensive than drugs?

                                      'Where are you buying your candy, Trump?

                                      'Seriously, though. Some of CVS Pharmacy’s largest candy bars aren't more than $5.00. We checked:

                                      http://mashable.com/2017/02/16/donald-trump-drugs-...

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