Stop creating incentives for American businesses to take on debt. t.co/jClINmXWp0 via @financialtimes — Michael Pettis (@michaelxpettis) May 7, 2020 Homer Simpson once proposed a toast “with alcohol, cause and
by Alina Local Puerto Ricans invariably tell me I’m overpaying on rent, and that I could have found a cheaper place to live. I’m sure that’s true. But somehow I’m
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Here’s why. The strategy is a game changer with global impact. Geely, China’s largest domestic automaker, disclosed that deliveries plunged 29% in June compared to a year ago,
Unlike Western countries who seek 3rd world population replacement therapy, Russia seems to be taking a more realistic and pragmatic approach as they are calling on all aspects of church,
by Simon Black Amazon made big headlines yesterday when it announced it was walking away from its plan to build a new headquarters in New York City. The company was under
This is crazy , 9 States now give financial aid to ILLEGAL Aliens! Deport them! __ A Rutgers student blasted a new bill that allows illegal aliens attending college in
Basic Income Programs The destruction of incentives (Link to article below) business.financialpost.com/opinion/what-happens-when-you-offer-basic-income-for-not-working-people-stop-working?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook#link_time=1525179754
Interview with: Jim Rickards Jim Rickards Forecasts New Financial Crisis & Makes Prediction about Gold s3.amazonaws.com/ILB_MS_BUCKET/ILB-180420-WeeklyMarketWrap.mp3 Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast,
by Charles Hugh-Smith Self-destruction isn’t a bug, it’s a feature of our socio-economic system. The gravitational pull of self-destructive behaviors, choices and incentives is scale-invariant, meaning that we can discern
Markets vs Centrally Planned economies – It is all about the incentives (Link to Antony’s Book Procrastination Annihilation below) www.beyourselfandloveit.com/e…
by Charles Hugh-Smith Isn’t it obvious that if we set out to design the most perverse, toxic and doomed system possible, we’d end up with the Keynesian Cargo Cult’s insane
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In a few days, automakers are going to report their new vehicle deliveries for March. TrueCar, Kelley Blue Book, and LMC Automotive are predicting total vehicle