Archive for the ‘Economics’ Category

Detoit-Hipster Bubble Jeans?

Saturday, August 20, 2016 5:57 No Comments

Detroit Denim Company makes jeans by hand with an 87-step process in a factory that has been largely designed by art and design students. It’s all very cool, but the reality is evident. The luxury jeans start at $250. Before you think that will burn a hole in your pocket, Yelsma said it’s worth the [...]

This was posted under category: Boom-Bubble Phenomenon, Economics

And the Retail Recession Continues

Tuesday, April 19, 2016 21:25 No Comments

Nordstrom inventory is stale and not moving, profits are forecasted to be 30% down in the first two quarters this year, and 400 employees at corporate HQ are getting the pink slip. Additionally, Intel is cutting 12,000 jobs. This is added to the long list of retail closings and layoffs just since mid-2015. The cuts confirm [...]

This was posted under category: Economics

Food Politics, Not Science

Saturday, April 9, 2016 11:23 No Comments

A Bloomberg article, “The world is getting fatter and no one knows how to stop it,” blathers on about how world governments will centrally manage obesity, with one avenue being the bureaucratic analysis of the ”negative” impact that free trade has upon health outcomes, and hence the centralized management of trade via tariffs, taxation, and policy. Another Bloomberg [...]

This was posted under category: Economics, Health & Wellness Paradigm

Somebody Send Texas “The Memo”

Sunday, March 20, 2016 16:52 No Comments

A brand new luxury hotel in Cotulla, Texas went up for auction after being open for just a tad over one year. Things are unraveling in the oil fields of Oklahoma, which slashed its entire state budget 7 percent, and in the boardrooms of North American energy companies, 48 of which have gone bankrupt so [...]

This was posted under category: Bubble Economy, Economics

Bring on the Bubble-Business Machine. Again.

Wednesday, March 16, 2016 10:06 1 Comment

An oldie but goodie from The Onion in 2008. The current economic woes, brought on by the collapse of the so-called “housing bubble,” are considered the worst to hit investors since the equally untenable dot-com bubble burst in 2001. According to investment experts, now that the option of making millions of dollars in a short [...]

This was posted under category: Bubble Economy, Economics

Did People Really Not See the Auto Bubble?

Wednesday, March 16, 2016 7:37 No Comments

The auto bubble and its potential for collapse is finally getting attention. To quote: The rate of seriously delinquent subprime car loans soared above 5% in February, according to Fitch Ratings. That’s worse than during the Great Recession and the highest level since 1996. It’s a surprising development given the relative health of the overall economy. [...]

This was posted under category: Automobile Industry, Economics

Economics for Idiots

Sunday, March 13, 2016 7:35 No Comments

This article from The Economist is a parody without the author even knowing it: “Building more houses is only part of the remedy for high prices.” This is about the British housing market, but the same mentality applies here. I WANT to hammer home a point that we made in a piece a few weeks ago. Whenever [...]

This was posted under category: Economics

Economics 101 for the Ignorant

Saturday, March 12, 2016 13:31 No Comments

In one cartoon frame.

This was posted under category: Economics

“Fresh Stimulus Measures”

Thursday, March 10, 2016 10:07 No Comments

This morning’s Inflation Street Journal news alert. This is referred to as “fresh stimulus measures.” As opposed to stale measures, I suppose.

This was posted under category: Economics

When Will the Lumbersexual Bubble Go Boom?

Wednesday, March 9, 2016 22:38 1 Comment

The Detroit resurrection of recent years is being tainted by the inanities of a creeping bubble, and accordingly, a multitude of poorly-allocated business investments. Once again, existing businesses have been growing at unprecedented rates and new businesses are springing up overnight, and that is in spite of many recent contractions and/or failures in the retail sector. [...]

This was posted under category: Detroit, Economics