Cheap labor versus Innovation . . . “Dutch innovators vs Dutch farmers,” The one-handed economist, David Zetland. This past weekend, I visited the Dutch Design Week exposition in Eindhoven (home of Philips). There were hundreds thousands of interesting (and sometimes baffling) displays, demos and ideas scattered around town. One that caught my eye was from a […]
While I was away . . . Personal income and spending for September Real personal spending increased +0.3% in September, while real income increased less than 0.1%, rounding to unchanged: Since May 2021, after the last round of pandemic stimulus expired, real spending is up 3.3%; but real income is down -2.0%: Real personal spending […]
“Open thread October 28, 2022,” – Angry Bear, angry bear blog
The destruction of the Congressperson occurs near the end of the first clip. In the beginning of the clip, Margaret Brennan is discussing various issues. She begins by building a foundation of statements. At the end, she asks why is he firing the weapon when stating we should fire Pelosi? I do not get the […]
The Humiliation Of Hu Jintao The recently completed onec-every-five-years Party Congress in China, which confirmed Xi Jinping for a third term as General Secretary of the party, punctuated his apparent assumption of essentially total power by humiliating his predecessor, Hu Jintao, in its final session. At the beginning, he was forced to leave the session, […]
Two posts are at the bottom of this one. Just talking about on-purpose emission of exhaust by pickup trucks which have had the emissions control devices altered. They did this to blow black exhaust out of their exhaust. This report on Treehugger is an update on how well the world is doing. Simple terms, it […]
“October 29, 2022“, Letters from an American, Prof. Heather Cox Richardson, (substack). “Democrats Aren’t Moving Left. They’re Returning to Their Roots.” The Democrats have been leftists for a long time, It took a while before they would come out as supporting Black America to the same level as White America. The column gives an accurate […]
Weekly Indicators for October 24 – 28 at Seeking Alpha – by New Deal democrat My Weekly Indicators Post is up at Seeking Alpha. Slowly even more indicators are deteriorating in several timeframes. As usual, clicking over and reading will bring you up to date on the economy, and bring me a little reward for my […]
“A global house-price slump is coming,” The Economist, edited. I find this article to be interesting although I do not agree with much of it. Prices are an issue; but so are interest rates. Much of the costs of housing can also be from house manufacturing waste. I was watching my new home being built. […]
Lifted from notes from David Zetland’s news letter Interesting Stuff: Climate chaos