I am of the opinion that Trickle Down Economics does not work. I have covered this at length many times.
Category: HOMEPAGE
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JOB GROWTH SLOWS SHARPLY, TANKING STOCK MARKETS
The U.S. economy added just 114,000 nonfarm jobs in July. The number was far below the 185,000 Dow Jones had expected, below June’s revised number of 179,000, and almost half of the 215,000 new jobs averaged over the past 12 months.
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GREEN TRANSITION F U TOO?
It’s not just EVs. The “green energy transition”—if by that, anyone means technology sans environmental impacts that can actually supply energy similar in levels and prices to the existing system—is a failing fantasy.
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IRAN’S SUPREME LEADER WARNS ISRAEL OF ‘SEVERE PUNISHMENT’ AFTER ASSASSINATION OF HAMAS OFFICIAL IN TEHRAN
Iran’s Ayatollah Ali Khamenei said in an open letter to the Iranian people that the “Zionist regime” in Israel will pay for its decision to assassinate a top Hamas official who had been staying in the country to attend the new president’s inauguration.
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SPOTLIGHT: NEW WORLD DISORDER
Here are a few of the latest disorders that are unfortunate negative trends that will make bad times much worse.
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ECONOMIC UPDATE—MARKET OVERVIEW
The data is there for all to see, but most believe in what they want and facts don’t matter.
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TRUMP? HARRIS? WHAT IS THE MARKET SAYING?
On Wall Street there is an old adage which goes like this; the debt market is always right. With that, and as of right now, the debt market is telling us that a Trump Presidency is going to happen.
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SPOTLIGHT: TOP TREND 2023, OFFICE BUILDING BUST
Deutsche Bank will see loan losses equivalent to 0.30 percent of the value of its loan portfolio this year, the bank said last week. Earlier, it had warned of losses that could be as low as 0.25 percent.
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CALLS TO GENE EDIT PLANTS AND HUMANS GROW, AS THE SYNTHETIC DEVOLUTION ACCELERATES
Fast evolving gene editing and synthetic biology (ie. synbio) technologies are accelerating the positioning of radical redesigns of plant, animal and even human life, as superior to natural alternatives.
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HEZBOLLAH TO ISRAEL: YOU ATTACK US, WE’LL TARGET BOMB YOU!
Hezbollah flew a sophisticated drone over Israel’s Ramat David air base last week which was seen as the latest signal from the Lebanese group that it has the capacity to strike any target it wants inside Israel.