Tuesday , 21 March 2023

Economic Overviews

Day of Reckoning Coming – Here’s Why & How to Save Yourself From Going Broke

Welcome to insanity which, by a definition commonly attributed to Albert Einstein, is doing the same thing over and over and expecting a different result. Our insanity is actually a dangerously circuitous negative feedback loop. The popular delusions are exponentially more dangerous and the crowds – most of the global populous – aren’t just going to go mad, they’re going to go broke. Here’s who’s deluding us, over what, why, how they’re doing it, and how it’s going to end… and how you can save yourself from going broke.

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Our Infrastructure Woes & How to Remedy the Situation

We desperately need to repair and replace a vast part of our national infrastructure but where do we get the money? Well, the U.S. has spent hundreds of billions of dollars trying to fix Iraq and Afghanistan and God knows how many more hundreds of billions of dollars over the years on other projects around the world so what if we renewed the focus on our own needs?. [In this article I identify our infrastructure shortfalls and present a way to pay for the needed projects which, combined with my proposed specific massive tax reform, could reposition the country to be the most powerfully competitive nation in the world.

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These Chinese Sector Weaknesses Could Adversely Affect Global Economy & U. S. Stocks

Monitoring how Beijing is managing China's slowdown, and whether it will be able to rebalance its growth, are highly important as weakness in China will weigh on U.S. stocks. Given the ongoing structural reforms, government policies and global economic conditions, certain sectors within China have surfaced as winners while some are surprisingly becoming losers, which provide long-term investing opportunities. This article identifies the sectors that are winning, losing and remaining neutral.

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Stockman on Trump & “The Revolt Of the Rubes”

Economic expert and best-selling author, David Stockman, offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!” in which he is quoted as saying "The rubes are revolting, and they are revolting because they can see the system is rigged. These people are fed up, and they have had enough, and I think this is where Trump is coming from. I think we are at an inflection point where someone is finally challenging the Wall Street/Washington elites. Trump is kind of a wild man in some ways, but he hasn’t spent the last 30 years in Washington drinking the Kool-Aid."

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Here’s Donald Trump’s Economic Plan “to save the U.S. economy”

Donald Trump is promising change, and many of his proposals sound good (and, yes, there are also some areas to be concerned about), but Trump's plan stops well short of the fundamental overhaul of our economic and financial systems that is required. That being said, what he is proposing is vastly superior to Hillary Clinton’s plan so he should definitely be applauded for at least moving in the right direction. Below are some of his economic proposals "to save the U.S. economy."

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