Tag Archives: US/Global Economics

[unable to retrieve full-text content]Weekly Indicators for December 9 – 13  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. While the short-term forecast and nowcast have remained relatively constant, the “action” has been in the long leading indicators – some things good, some bad. The biggest thing that happened this week is that the […] The post New Deal democrats Weekly Indicators for December 9-13...

[unable to retrieve full-text content]“Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has repeatedly criticized policies allowing gay people to serve openly in the US military, calling them part of a “Marxist” agenda to prioritize social justice over combat readiness.” LOL! I’m absolutely confident that Hegseth hasn’t read a word of Marx or Marxist economics. I’m equally […] The post Pete Hegseth knows nothing...

[unable to retrieve full-text content]Not an article by The Economist. Indeed, an article reporting on The Economist piece as written by La Vanguardia. A positive take on The Economist article. As reported, Spain achieved the best economic results of any nation with the exception of GDP per capita over the last year. Not everyone is in agreement. But all […] The post Spain as the best economy in the world for 2024 appeared first on Angry Bear.

[unable to retrieve full-text content]Excellent recital on Russia by “Infidel at Infidel753“ Very often, those who understand an empire best are those who are subjugated by its power, or until recently were so.  A slave has a strong incentive to know the master’s whims and cruelties and strengths and weaknesses; he may well suffer greatly if he misjudges those […] The post Putin’s empire imploding appeared first on Angry Bear.

[unable to retrieve full-text content]I’m old enough to remember Russia as the mother country to the Soviet Union. While the USSR was never a world-class economic power, it did punch above its weight as a military power under Stalin and for a couple decades after. Russia under Putin has been described as a gas station with an Army. Its […] The post Russia is not a global power appeared first on Angry Bear.

[unable to retrieve full-text content]Robert Kutner has a paywalled article in The New York Review of Books about the history of free trade and the efforts since Trump’s first term to impose tariffs, particularly on China, beginning with the first Trump Administration. “Free trade ideology once aligned with America’s economic and security interests. After World War II, open markets […] The post The death of free trade? appeared first on Angry Bear.

[unable to retrieve full-text content]When an economy produces goods and services above and beyond the requisite, i.e., produces an abundance, it creates wealth.  Ten-eleven thousand years ago, this wealth was likely food stored for winter, that rainy day, that dry season, … .  Today, for some, this abundance/wealth might include assets such as fine houses, lifestyle, money, …; and […] The post Wealth –  Money – Worth appeared first on Angry Bear.

[unable to retrieve full-text content]A brief coming out of China reporting as to what they see as to their issues in growing their international trade. It is a different perspective in what they see as compared to what we see. When I was overseas for weeks at a time, I would pick up a local paper to get those […] The post Chinese firms going global appeared first on Angry Bear.

[unable to retrieve full-text content]Food Prices Rose 28% In 5 Years. Here’s Why, – by Taryn Phaneuf NerdWallet No single factor can explain why food is so much more expensive now than before the pandemic. Food prices — which are up 28% since 2019 — remain high because of the combined impact of rising operating costs, supply-chain disruptions and […] The post Food Pricing Increases, Why? appeared first on Angry Bear.

[unable to retrieve full-text content]In 1998, I traveled to Moscow for the first time to teach in a summer course at the Russian Academy of Sciences. The week before, we were on vacation in Colorado and I heard on the radio “Today, the ruble lost 100% of its value.” That meant that the ruble was worthless, which seemed unlikely. […] The post The ruble is collapsing appeared first on Angry Bear.