The Angry Bear

As I mentioned, this 4 part presentation is being done by Sesotec GmbH, a company which manufactures recycling equipment. Even so the information given by Sesotec is to the point on the topic of pollution by man made packaging and products which can be sued again and again and in some cases up to 8 times. Fair warning as the pitch comes with regards to Sesotec’s abilities. Around 70 years after the first plastic product hit the market, a world without...

Chaos Theory And Global Climate Change I am currently attending the Southern Economic Association meetings in Fort Lauderdale, where the street facing the hotel was underwater during the most recent hurricane to pass through. Anyway, I saw a talk today that took me back to when I first learned about chaos theory, actuallly in the early 1970s before the word “chaos” was used for it. I learned about it and the butterfly effect, aka sensitive dependence on...

OK so I don’t really have a post to go with the title. I just googled methane fuel cells. As usual, some engineers promise that they have solved the problem. The claim is that, with a new catalyst, methane (and oxygen of course) can be used to generate electricity at the temperature of an auto engine (500 c). They do not promise that the fuel cell is stable and especially don’t promise that it is stable if the fuel isn’t pure methane but rather...

There is an interesting discussion among smart, expert, thorough economists about wealth taxation. It is clearly stimulated by Warren’s proposal to tax wealth. Gabriel Zucman, Roger Farmer, and the much less famous but also super smart Noah Smith are debating the issues. I’m sure AngryBear readers can benefit from their discussion (to which I don’t link cause I just saw one tweet). I am also sure that it will be a waste of time to click “more” and...

Excellent October housing report is good news for employment I’ll have a more comprehensive report up at Seeking Alpha, and I’ll link to it when it goes up, (UPDATE: It’s finally up, here ) but in the meantime let me just share the least volatile most leading component which is single family permits: These made a new expansion high. The housing rebound, following lower mortgage rates, is firmly in place. Additionally, both housing completed and under...

As you can read for yourself, this is the second part  of the series. This part will introduce the EU’s proposed solution to plastic waste material of which Sesotec is to be a part of the solution. Since I am using Sesotec’s information, I will be stating their name as owner’s of this information from time to time. Some 70 years after the first plastic products hit the market, a world without plastic waste still appears far off. We need a different...

Initial claims weaker, but still not at cautionary levels I’ve been monitoring initial jobless claims closely for the past several months, to see if there are any signs of a slowdown turning into something worse. Simply put, no recession is going to begin unless and until layoffs increase, and the lack of any such increase has been the best argument that no recession is imminent. My two thresholds for initial claims are: 1. If the four week average on...

A yellow flag from temporary hiring In the conclusion of my latest Weekly Indicators post, I wrote that, except for temporary staffing, I didn’t see any signs of weakness spreading out beyond manufacturing and import/export. Manufacturing, as measured by industrial production, has been in a shallow recession all year. By contrast, the consumer – 70% of the economy – continues to do ok, boosted by lower interest rates for mortgages and somnolent gas...

The End Of Decades Having Identities In The USA? We are closing on the centennial of the beginning of decades having identities in the USA, the “Roaring 20s” of the 20th century.  It may be that this centennial will clearly mark the end of this odd phenomenon that we had been used to, but which was always a bit odd.  Why did this start and why might ibe ending?  I have a few thoughts on this. My theory oon why it started in the 1920s is that this was...