Relevant and even prescient commentary on news, politics and the economy.

Supply Chain Location is Important to Supply Asia

Supply Chain planning done the right way: Why is this a big deal? Well for one thing China and the European Union have been at odds with each other. EU centrist parties are losing ground to far-right groups, Democracy (ID) and the European Conservatives and Reformists (ECR). This political realignment is poised to influence the […]

The World For Sale: book review

Recently, I heard a podcast on Planet Money about commodity traders and their role in world economics. The podcast interviewed the authors of “The World for Sale: Money, Power, and the traders who barter the earth’s resources.” It was an eye-opener for me, so I decided to read the book. The commodity trading business has […]

Deportation and Jobs

Trump’s deportation agenda will destroy millions of jobs  Briefly: The Trump administration’s anti-immigration and deportation agenda will harm millions of people and the workforce. Four years of deportations could eliminate millions of jobs held by immigrant and U.S.-born workers according to research on increased immigration enforcement. Instead of funding aggressive and indiscriminate immigration enforcement, Congress […]

Cash, Debit Card, or Credit Card

“Jugging or bank jugging” refers to a type of crime where individuals are targeted after making cash with-drawals from banks or other financial institutions. The criminals, known as “juggers,” follow victims to a second location and then rob them, often using force or threats.  I always tell family, be aware of what is around you when […]

Trump threatens EU and Mexico with higher consumption taxes on Americans

Trump is counting on his base not understanding that tariffs are a consumption tax. They make imported goods more expensive and allow domestic producers to jack up their prices by relieving competition. “[Douglas Holtz-Eakin] added that Trump was using the letters to demand attention, but, “In the end, these are letters to other countries about […]

The People vs Wealth

I don’t know much about New York City, but I do know that the upcoming NYC election will be about democracy vs wealth, the people vs wealth; about whether wealthy interests or the people govern.  How do I know this?  Because, ever since our Declaration of Independence and Constitution threw off the tyrannies of monarchies […]

New Deal democrats Weekly Indicators July 7-11

– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Despite the warning signs in some of the recent monthly data that I’ve highlighted in the past several weeks, the high frequency data this past week indicated smooth sailing, at least for now. Some of that is likely due to the 4th of […]

Dollars, deficits and debt

David Zetland, The one-handed economist The US dollar (USD) is the world’s currency of exchange, debt investment, and reserve currency. These different roles are often merged in our heads because they’ve been synonymous for decades, but the wheels are falling off and those roles — I think — will unbundle. I’m going to explain, but […]