So why are #Bonds (or specifically #Treasuries), going in the @Stock Picking Discussionyou ask? Because their's very few long-range indicators of what the future will be like. (My personal favorite is population, but that will be another post because it's highly nuanced.)
Sean McHenry & Kai Ryssdal really condense a message and translate it well to normal language so that its obvious why you should care about the #BondMarket and #IntrestRates / #Yeild on a daily or weekly basis.
I'm a #Skeptic because of my experiences in life. I'm an #Optimist about the nature of our collective #humanity being more #good than #bad. I'm a #Pessimist about the people in power being far more likely to be #sociopathic than the population at large. This new thing the Financial Times is doing, #TheNewAgenda, well, it seems genuine.
They are mumbling or at least saying quietly, "hey #Capitalism, you're we're doing it wrong." They seem to be reporting with a #perspective of #introspect and #reckoning of overdue #liability #accounts of industrial capitalism. Typically, big-capitalism doesn't do introspect, it only does short term plans to beat their competitors to death.
I know it's very easy to put on a false front and get people to think you're doing something good when the #hidden #agenda, the true goal, is bad for most people. I'm going to presume innocence on the #FT here until proven otherwise. The FT was really good before this new "New-Thing" so I'm optimistic about it.
and it gave us a very foreboding message about one of the very real possibilities we are facing worldwide if my countries #Asshole in the #WhiteHouse continues making decisions to profit his ego and his massively wealthy donors bottom-lines.
The show paints a grim picture for the future, but it's not a dystopian fantasy, it's a likely outcome.
Because I tend to be a contrarian, I looked for a silver lining. This type of an economic downturn, while it's helping the rich, hurting the middle-class, and not affecting the poor, it will be helping the fight against #ClimateChange. We will be doing less of everything that releases carbons into the atmosphere, and less of everything that degrades the earth and sea.
In the event that I have readers unfamiliar with the school of Economics, don't shy away. All people have the ability to contribute to this school of thought. In general, all economists study the motivation people have for selecting goods and services with their limited resources. All you need to participate is some personal insight and some curiosity in others rationale for their decisions.
Microeconomics focuses on those atomic level decisions like if you pick whole milk over 2% or a red-colored package over a green-colored package.
Macroeconomics focuses on what happens when all of us make decisions simultaneously, and how policy and/or regulatory actions can be enacted to avoid large scale societal problems.
This is not a new or #BreakingNews story, but it is something worth repeating until we get our heads out of our asses. A sweet point to listen for in Part II is where they #GiveTheGameAway on the early version of #RudyGiuliani when it wasn't known what a #ShitHead stooge he is.
New York City cops are in a fight against their own police department. They say it’s under the control of a broken computer system that punishes cops who refuse to engage in racist, corrupt policing. The story of their fight, and the story of the grouchy idealist who originally built the machine they’re fighting.
So this is what #America's #GOP types have decided they wanted to defend. #Politics are heading to a new low in this world and that's a really low bar. It's like they all read the script for the #Tabooshow and thought, 'Remember the good old days of the Dutch East India company?' #Republican's seem to have no soul.
What's this #taboo reference? After watching #MeetThePress this morning it was pretty obvious that they just want to throw the #racist accusation out over and over again instead of talking about the economy, Iran, or #patriotism.
Woa. #America has been shitty to people for a really long time. Stole back the 40 acres and a mule, AND paid former slave holders for the value of the formerly owned slaves! We were a Trump-style country for a long freaking time.
So true that quality is a better way to live! However, as it's measured, I don't think cheaper inputs to a product or service change the GDP. To avoid double counting they won't measure components made to become part of a final product that a consumer buys; they just measure the price the final product sells at. But, if cheaper inputs lower the final products price they will sell more units and thus raise the total GDP. Is that what you meant?
The theorybiz article has many of the items that I was thinking of, especially the increasing #scarcity. For example, the topsoil in the #USA is being depleted and is a positive in the GDP figures. Increasing the farming quality so that we have no net loss of topsoil should lead to the best possible results in whatever measure is used.
I've done my taxes since the only option was paper filing and hand-writing in the numbers. Until a few years ago, I thought the IRS was the problem. I know Accounting firms are the problem. I use https://www.freetaxusa.com/ now.