Economic Crash? Third Fury

by | Mar 13, 2023 | Economics

Note (20MAR2023): “Neither a borrower nor a lender be, For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.” -from Hamlet by William Shakespeare (1564-1616) Although offered by a pompous, despicable character, Polonius, the oft-quoted...

Boeing & Mercantilism

by | Jan 13, 2020 | Economics

Note (20JAN2020): As though Boeing has not had enough bad press, last week a Boeing-built airliner dumped raw fuel onto a school in Los Angeles County; a lawsuit is pending against the airline, of course. Adding to that setback in public relations, reïntroducing the...

FRB: Two Days of Infamy

by | Aug 26, 2019 | Economics

Note (23SEP2019): Once again, the flummoxed members of the Federal Reserve Board revealed their incompetence to predict and control. The sudden shift from raising interest rates to lowering them within a matter of a few months testifies to that incompetence, never...