In our last two blogs, we described the truly amazing amount of capital infrastructure construction going on in China, and we described how this amazing feat is being financed – by Special Investment Corporations – whose debts are really the debts of individual local governments, but those debts don’t get recorded anywhere. So what we… Continue reading China’s Surprising Level of Debt
Tag: Ignoring history
Capitalism Needs Tweaking – Point #8 of 10 – Understanding ‘internal oversight’ as compared to ‘external auditors’
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 8th of… Continue reading Capitalism Needs Tweaking – Point #8 of 10 – Understanding ‘internal oversight’ as compared to ‘external auditors’
Are we Heading for a Downturn – A Contrarian View
A reader took issue with my optimistic view of the current world economy. Essentially my view is that we are in a long but sustaining recovery, that will continue despite bumps in the road. A Contrarian View The reader’s view was that what we are seeing was the effects of the massive injection of government… Continue reading Are we Heading for a Downturn – A Contrarian View
Commodities Are Still the Place to Be
The News is Generally Negative One reads much in the financial news currently about the global slowdown, about the European Debt Crisis, about inflation in China, about Japan’s difficulties, and so much more bad news. One has to wonder why the stock market has shown such strength since March 2009. Is this the first time… Continue reading Commodities Are Still the Place to Be
Capitalism Needs Tweaking–Point #7 of 10 Self Insurance & Investor Safety
Will America Recover? Of Course ! I have long maintained that the inherent strengths of American and Western societies would prevail in the long run, and that we are currently in the trough leading to the next big wave of prosperity. The rights of property law, the basic belief in the freedom of the individual,… Continue reading Capitalism Needs Tweaking–Point #7 of 10 Self Insurance & Investor Safety
Silver is HOT, The World Looks a bit Rocky.
Maybe it’s time to Consider Some Safety. We have talked often about where we believe the next wave of wealth is coming from. It is resources, precious metals, base metals, commodities, food, rare earths and so on. It is different way of thought than the tried and true. Historically Safe Investments Historically people moved to… Continue reading Silver is HOT, The World Looks a bit Rocky.
Some Thoughts on How to Make the Stock Market Fairer
We begin with a famous Quote from George Bernard Shaw. “If all the economists were laid end to end, they’d never reach a conclusion.” Gratitude to those Following This Blog I am grateful that you take the time and effort to read these writings. I am grateful for the input that you give. How to… Continue reading Some Thoughts on How to Make the Stock Market Fairer
Capitalism Needs Tweaking – Point #6 of 10 – The duty on leaving the private (or public) sector for the other.
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 6th of… Continue reading Capitalism Needs Tweaking – Point #6 of 10 – The duty on leaving the private (or public) sector for the other.
We are at the Beginning of the Next Economic Boom
We have written about this subject often. Perhaps it is time to start our new season by stating the obvious. The economy goes in waves – waves of prosperity, created by a new technology, or new advance, or some realization. Who Participates and Who Does Not This new cycle then gains momentum and strength. Those… Continue reading We are at the Beginning of the Next Economic Boom
Capitalism Needs Tweaking – Point #5 of 10 – The Four Pillars of the Financial System
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 5th of… Continue reading Capitalism Needs Tweaking – Point #5 of 10 – The Four Pillars of the Financial System