Category: Economy
How Did She Survive Here?
This was our land. We had heard that there were people living up here. But we doubted it. It was too barren, too bleak, and too dry.
Capitalism Didn’t Fail America. We Failed Capitalism
Some say capitalism has failed America. More likely, America has failed capitalism. Capitalism needs capital. Real money, in other words. The feds gave it fake money.
Our Ticking Time Bomb: Why Kiwi Debt Is About to Explode
Houses cost more. People have to borrow more to buy them. Wages are growing more slowly than house prices. The result? Ballooning debt. That’s not all bad, right?
AOC’s ‘Solutions’ Will Just Make Things Worse
In a free (capitalist) system, some people will always work harder, get luckier, invest their time and money more wisely, and get richer.
An Oasis in a Desolate Wilderness…
No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up.
Make No Mistake, It’s All About Your Data
A Japanese company, Vaak, is looking at predicting crime before it happens. The company has developed a software that uses artificial intelligence and looks at predicting shoplifting.
The Auckland Monopoly Game: A Dangerous Path
As a kid, I loved playing Monopoly. You buy up as many properties as the dice allows, and then you put the other players out of the game by building houses and hotels and charging astronomical rents.
The Only Way to Drain The Swamp…
The present administration is adding to the federal debt at the rate of about $3 billion per day. Trump’s budget proposal pretends that his extra debt is nothing to worry about.
A Cashless Society Benefits Banks More than Ever
The Big Four Australian banks are too powerful. The Big Four have unfair advantages over the rest. And it’s thanks to the ever-dutiful regulators.
A Dying Dragon: 7 Signs of China’s Impending Doom
To our north, a dragon is dying. The Chinese machine is grinding to a halt…much to the surprise — and chagrin — of economists.
What the French Could Teach AOC…
Proponents typically look to Europe for guidance. They see Denmark, Sweden, and Norway and believe ‘soft socialism’ isn’t so bad.
Kylie Jenner: The Myth of a ‘Self-Made’ Billionaire
It might be hard for Kylie Jenner to find a reason to pout as her net worth has recently eclipsed the ten-digit mark. It’s a feat that few have achieved…and much fewer in their 20s.
Trump’s Real Motivation to End the Trade War
We never expected the president to go Full Retard on his trade war. Instead, we thought he would settle the issue…as he did the trade war with Canada and Mexico…in some ongoing, negotiated mush.
Why You Shouldn’t Buy the Robo-Car Hype
There is no doubt we are seeing a big revolution in transport. There is the electric car…autonomous driving…ride shares…As more people move into cities, we could see many starting to forgo owning a car.
A Dairy Shockwave in March Could Pop Our Property Bubble
As I watch news of the Australian economy and property market tanking, I worry about our little patch in New Zealand. We’ve had a good run, and we’ve become complacent.