Demographics: Another way of looking at the long term, low fertility rates
In Japan, there are 51 people age 65 or older for every 100 working age persons in the country. See any problems with this?
Economy: 2% Global wealth tax proposed for those with $100+M in assets
There is no global wealth tax authority – so this requires all governments to enact a global wealth tax. Also, due to dramatic differences in currency values/costs between countries, the…
Economy: Home price affordability since the 1970s
Home affordability since about 1970. Surprisingly, affordability was worse in the 1970s and early 1980s.
To solve everything, we need to end capitalism and adopt global communism
“You can’t have infinite growth on a finite planet. That should be a commonplace idea. And that inevitably means facing up to the necessity of putting an end to capitalism…
Personal finance: How much do you need to retire?
"Experts" say you need at least $1M+ to retire, yet real world data says that is probably not true. Dueling experts go at each other on the topic.
Business, Policy: Today’s Tariffs are for restricting trade
Tariff increases are a sign of less global trade in the future and are being enacted as a new Cold War tool against China. Consumers will come out losers.
Demographics: Gen Z entering work force at “perfect time”
Low unemployment, labor shortages, low fertility rates - best time ever to be starting careers.
Demographics, Economy: Impact of falling U.S. birth rates
America’s shrinking population: Economic impact of falling U.S. birth rate (cnbc.com)
Economy: Are American retirement prospects really worse than ever?
In spite of media doomerism, American's prospects for retirement have held pretty steady for a long time.