[unable to retrieve full-text content]“proposed tariffs on Mexican exports, particularly in the automotive sector, have prompted Mexico to consider reciprocal measures. Economy Minister Marcelo Ebrard indicated that Mexico might impose its own tariffs on U.S. imports if such U.S. tariffs are enacted, emphasizing the potential economic repercussions for both nations.” Mexican president might be changing view on US as […] The post An Indirect Cost of Manufacturing in Mexico...
Read More »Subsidizing Fossil Fuels
[unable to retrieve full-text content]The nation went through a period of high gasoline prices, even though the government released oil from the reserves. Now it appears the US has a glut of oil and may (and always has) lack refinery capacity. Prices appear to have stabilized in many places at about $3.50 per gallon (I may be paying more […] The post Subsidizing Fossil Fuels appeared first on Angry Bear.
Read More »The New Economy and the Tariffs and Tax Breaks to Launch It
[unable to retrieve full-text content]Since we have a new president who favors Tariffs, we should start talking about how those Tariffs will impact the US Economy and Citizens. The Tax Foundation offers up a brief explanation which should be readily understandable for Angry Bear readers. If Trump is able to pull this off and get it out of Congress, […] The post The New Economy and the Tariffs and Tax Breaks to Launch It appeared first on Angry Bear.
Read More »Investing in the hoax market
[unable to retrieve full-text content]Trump says global warming is a scam and a hoax. He promises to cut federal funding for green programs and to ramp up fracking and drilling. He can certainly do the former, but business controls drilling and fracking, and the price of oil is dictated by international supply and demand, not the whims of the […] The post Investing in the hoax market appeared first on Angry Bear.
Read More »The future of the US dollar
[unable to retrieve full-text content]Posted on behalf of the author, RC Weakley: At this point hysteresis is all that is holding the US dollar as the global reserve currency. That has been the case since Nixon. What we have done since then has only dug us into a deeper hole when events finally happen that will throw the dirt […] The post The future of the US dollar appeared first on Angry Bear.
Read More »Renewables 2023
[unable to retrieve full-text content]Renewables 2023 – Analysis – IEA 2023 saw a step change in renewables capacity additions, driven by China’s solar PV market. Achieving the COP28 target of tripling global renewable capacity by 2030 will hinge on policy implementation. Summary: I have read through this several times now. It is difficult to pull together all the detail […] The post Renewables 2023 appeared first on Angry Bear.
Read More »Inflation During a Pandemic, Other times, and the Results
[unable to retrieve full-text content]Can you blame Biden for this? Not likely. Companies can price to what the market will bear and more. Creating Tariffs on overseas product will exasperate the issue and cause higher prices resulting in inflation. If you wish to cut out overseas companies? Bring the product back to the US for manufacture. That is another […] The post Inflation During a Pandemic, Other times, and the Results appeared first on Angry Bear.
Read More »Book Review: “Bureaucracy”
[unable to retrieve full-text content]– by David Zetland The One-Handed Economist Ludwig van Mises published this short book in 1944, around the same time as Hayek’s Road to Serfdom was published but before Hayek’s 1945 article, “The Use of Knowledge in Society.” These other references are important because (a) Mises was Hayek’s teacher and (b) both were heavily involved in the “calculation debate” […] The post Book...
Read More »Opinion Piece “China’s One-Child Economic Disaster”
[unable to retrieve full-text content]Recent WSJ subscription article on China and it trying to reverse its one-child per couple policy. Evidently the policy is leaving the country with a growing elderly population with no younger replacements to follow. It will now implement subsidies to encourage larger families to reverse the demographic decline of its own design. The Communist Party […] The post Opinion Piece “China’s One-Child Economic Disaster” appeared first on...
Read More »What Happens When Corporate Places Greater Emphasis on Stock Buybacks Rather than Quality?
If you did not figure out where I am going by just reading the title, then I will explain a bit. Stock buybacks do not trump Quality. It is that simple. When you sacrifice Labor so as to have funding to buy back stocks, you may have picked the wrong person to toss. The person who inspects the product or builds that particular portion of the product correctly. This issue was in assembly somewhere along the way and was missed as an essential assembly...
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