The job age discrimination problem and contemporary worker shortage
Many people over age 50-55 were furloughed or cut in layoffs during the pandemic. Many have found it difficult to…
Risk of high inflation
A friend just emailed: The M2 money supply is up by over +39% since the start of the pandemic. We’ve…
Writing off trillions of $s in assets
I have been wondering about this: Write-downs of power plants, auto factories and fossil-fuel reserves could cause big losses in…
Obviously, college tuition needs to be much higher :)
One can imagine college administrators using this to justify tuition hikes: Not only do cheaper universities lead to lower average…
The worker shortage
U.S. Treasury Secretary Janet Yellen said on Friday that labor force participation was “quite depressed” compared to pre-pandemic levels. Source:…
High inflation hits food
The Death of Expertise: The experts assured us inflation was not a problem and just temporary. A year ago. Take…
Royal Dutch Shell moves HQ out of the Netherlands, drops “Royal Dutch” from company name
Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain…
Looks like it: Is flight shaming the new minimalism?
“Flight shaming” is a fad out of Europe, where residents vow to not use air travel in favor of cars,…
No inflation to see here: Consumer prices rise the most in over 30 years
Annual CPI: 6.2% Source: Consumer prices see largest year-over-year spike since November 1990 Some private economists are estimating “real inflation”…
Annualized: Wholesale prices rose 8.6% year over year in October
The experts assure us this is not really a problem, is minor or temporary or something: Wholesale prices rose 8.6%…