I have a hard time believing you’re an education snob, if you don’t know why trade conflict is so dangerous. Perhaps you should research the Weimar Republic and the birth of modern central banking.
I have a hard time believing you’re an education snob, if you don’t know why trade conflict is so dangerous. Perhaps you should research the Weimar Republic and the birth of modern central banking.
One of the fundamental components of national income and economic growth is net exports/imports. When domestic consumption/production replaces net imports, the US economy grows. Unfortunately, we import goods faster than we can produce them, mainly because the cost of US labor is far more than the paltry amount we see…
If you’re an education snob, you’ve certainly looked at the data that questions the profit motive of going-concern. Turns out you may only need going-concern to attract more capital, which may not be the ambition of a private equity company or equity pirates in a hostile takeover.
Economists generally have a fair grasp of macro. Voters do not, and they vote for less employment and more deadweight social spending in every election cycle. Not to mention the unrelenting quest to slash military spending during the last 40 years, which is basically just cutting a giant jobs program that trains…
Take a look at outstanding student loan debt. Take a look at the federal budget. Spare us your populist determinism nonsense. Square peg does not go in to round hole, unless you want to slash and burn Social Security and Medicare.
$600/yr x 200M vehicles = $120B. Add $120B to the additional $60B in US oil production, and you get 1% free GDP growth. Do you think that matters in this day and age?
Definitely. What I really want is to be charged for horsepower that I can’t access unless I’m willing to destroy my engine!
1st gear: Stick to you day job please.
Times like these make race drivers regret not taking the Barbie livery offer from Mattel.
Weird asymmetry qualifies, even if the colors don’t pop.
This is what you are combating, Doug.
Why does BMW build cars that are not the 3.0L CS?