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The Berlin Wall

Photo by barnilsson During my first ten years travelling back and forth between Lund and Berlin, it was still there, even when this photo of yours truly — leisurely reading taz — was taken at Café Einstein back in the summer of 1988. Had anyone told me then that the wall would soon come tumbling down, I would probably just have shaken my head and laughed. At the time everyone thought it was there for good. For thirty-five years now I’ve been happy we were all so wrong, so...

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Trump v Iran

Reports Iran conspired to assassinate Trump…The DOJ charged 3 individuals in an assassination plot against Trump. Two are in custody and one is allegedly living in Tehran — the capital city of Iran.Some really interesting things are happening right now. pic.twitter.com/8rsDBdyjGk— johnny maga (@_johnnymaga) November 8, 2024 6 of these m-fers just deployed to Qatar plus boomers to the region…Maybe Trump will demand the surrender of the Iranian regime…or finally incinerate that whole goat...

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Jobless claims: back to almost completely normal and neutral

[unable to retrieve full-text content] – by New Deal democrat Initial jobless claims continued their return to normalcy this week, as they increased 3,000 to 221,000. The four week moving average declined -9,750 to 227,250, which is tied for the lowest number except for two weeks in five months. Continuing claims, with the typical one week delay, rose 39,000 to […] The post Jobless claims: back to almost completely normal and neutral appeared first on Angry Bear.

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L’ascenseur social est en panne

L’ascenseur social est en panne L’expression “l’ascenseur social est en panne” désigne le déclin de la mobilité sociale, autrement dit, la capacité d’un individu à s’élever au sein de l’échelle sociale grâce à ses efforts et ses compétences. Ce phénomène, autrefois encouragé par l’éducation et le marché du travail, semble aujourd’hui compromis pour une grande partie de la population. En France, le système d’éducation était censé être un levier d’égalité des...

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Economy on Solid Ground “Before Election”

[unable to retrieve full-text content]US consumers keep economy on solid ground ahead of election – By Lucia Mutikani Reuters WASHINGTON, Oct 30 (Reuters) – The U.S. economy grew solidly in the third quarter. Consumer spending increasing at its fastest pace in 1-1/2 years and inflation slowing sharply, continuing to defy forecasts of a recession, and outperforming its global peers ahead […] The post Economy on Solid Ground “Before Election” appeared first...

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The economics of healthcare is sick in Vermont

[unable to retrieve full-text content]My parents retired to rural upstate NY, where they lived happily for 20 years. But naturally, as they aged, their health declined. At one point, my mom had a pulmonary embolism, and landed in a community hospital in Bennington VT, about 30 miles away. She got the care she needed, but when she was later […] The post The economics of healthcare is sick in Vermont appeared first on Angry Bear.

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Weekend read – Logic and truth in economics

from Lars Syll To be ‘analytical’ and ‘logical’ is something most people find recommendable. These words have a positive connotation. Scientists think more deeply than most other people because they use ‘logical’ and ‘analytical’ methods. In dictionaries, logic is often defined as “reasoning conducted or assessed according to strict principles of validity” and ‘analysis’ as having to do with “breaking something down.” But that’s not the whole picture. As used in science, analysis usually...

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Trump v Fed ?

This guy a MAGA Trump insider perhaps in line for AG (probably too much to hope he gets it 🙏🏻) but it’s revealing that he mentions the bankruptcy first…Trump’s opponents attempted to bankrupt him for non-fraud.And imprison him for life for non-crimes.And take him off the ballot.And take off his head. Now they want “unity”?Fuck them.Let’s unify them in prison.— 🇺🇸 Mike Davis 🇺🇸 (@mrddmia) November 8, 2024 Biden 2022 rate increases were unprecedented… so you can see what they did they put the...

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Potential Bad Year for Housing

[unable to retrieve full-text content]Home Sales on Track for Worst Year Since 1995 – WSJ I suspect the same issues with the economy caused by tariffs will also have an impact on housing. Just have to wait and see the impact of Trump tariffs on building materials and internal fixtures such as plumbing, toilets, doorknobs, etc. Much of which […] The post Potential Bad Year for Housing appeared first on Angry Bear.

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