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Tag Archives: US/Global Economics

Open Thread December 23 2023 Nippon Steel Purchasing U.S. Steel

President Joe Biden “has been clear that we welcome manufacturers across the world building their futures in America with American jobs and American workers. However, he also believes the purchase of this iconic American-owned U.S Steel company by a foreign entity — even one from a close ally — appears to deserve serious scrutiny in terms of its potential impact on national security and supply chain reliability.” Labor in the form of United...

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The Economics of buying a World Class Sweater

I am offering up something different to Angry Bear readers. The offer is a chance to listen to an article on Radio Atlantic. Or you can read the article: “Read This Before You Buy That Sweater,” The Atlantic, by Hanna Rosin Or at least read the tag. An introduction: “We’re in the coldest season. We’re in the shopping season. We’re in the season of hygge. All the cues point to buying yourself a new cozy sweater. Don’t do it, until you...

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Globally, The Top Countries-GDP

Brief and interesting charting of the top countries in GDP Ranking. As taken from “World GDP Rankings 2023 | Top 10 Countries Ranked By GDP” – Forbes India. If you have not been on the IMF site, it is worth a look as there is plenty of data and ways to sort the data. The top 10 largest economies/ richest countries in the world in 2023, sourced from IMF data (as of December 04, 2023) “The United States of America, China, Japan, Germany,...

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In-Box Topics Which May Be of Interest

Evey day, I get an array of emails in my In-Box offering up articles or what they think can be interesting reads. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish them all. Law Why the Supreme Court rejected a case about LGBTQ+ conversion therapy bans, slate.com, Dahlia Lithwick and Joseph Stern. SCOTUS refused to take up Tingley v. Ferguson, a First...

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New Deal democrats Weekly Indicators for December 11 – 15 2023

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The big decline in long term interest rates this week in the wake of the Fed’s announced “pivot” towards lowering rates created one of the biggest changes in the long leading indicators for several years. Meanwhile most of the coincident indicators continue to speak of a strong economy. The intersection that is going to tell the tale going forward in the next 6...

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Open Thread December 17 2023 Re-Arming Ukraine

Open Threads are created for people to have conversations which may not fit in with topical posts . . . a comment which may be off topic. I usually offer up one topic to start a conversation. Many think it is ok to abandon a nation threatened by a global threat in the form of Russia. Or it could be a threatening China, etc. intimidating other countries. J.P. Jefferson sums it up rather well. The absurdity of mixing three distinctively different...

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Something Controversial to Discuss on Saturday

Controversial? My Background? XMarine Sergeant E5 served 68-71. Not an 0311. Was made a Sergeant a couple of months into my third year. Excellent shot with M14. Served during the Vietnam years when we were doing most of the fighting. US pulls out and South Vietnam collapses. US assists Afghanistan in fighting. Does most of the fighting and trains their military. Trump plans a pullout and Biden does it. Afghanistan collapses. Russia attacks...

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Four Days a Week: This Labor Day, Let’s Talk About Laboring Less

If the throughput of product remains the same or increases, why wouldn’t a 4-day labor week be allowed? If more output is required, another shift can be started on the fifth day. Tom Walker has discussed such utilization of production labor to gain greater productivity. There is no loss of money to the company. Labor is happier with a system allowing more free time off. “Four Days a Week: This Labor Day, Let’s Talk About Laboring Less,”...

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In-Box Topics Which May Be of Interest

Topics pulled from my In-Box which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical. Healthcare Some Reasons to Get Off the Fence About COVID Booster, medscape.com, Debby Waldman. Researchers found that getting vaccinated led to a 69% reduction in long-COVID risk among adults who received three vaccines before being infected. Doctor ‘Wage Theft’ Is Not Without...

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Is Redistribution the Solution?

Toward the end of a very interesting and worthwhile conversation about how right-wing “populism” co-opts righteous anger at established institutions, Vincent Bevins asked Naomi Klein how she would counter that co-optation. Her answer was to advocate a “real left that has a political program that is actually redistributive,” which sounds good until you realize that the capitalist economy is already massively redistributive so “redistributing the...

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