Ten Economic Questions for 2025
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Here is a review of the Ten Economic Questions for 2024.
Below are my ten questions for 2025 (I've been doing this online every year
for 20 years!). These...
Rockefeller’s Legacy for The New American System
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This post Rockefeller’s Legacy for The New American System appeared first
on Daily Reckoning.
A scoundrel or a hero?
The post Rockefeller’s Legacy for T...
MiB: Dana Mattioli on Amazon’s Everything War
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This week, we speak with Dana Mattioli, who as Senior Enterprise
Technology Reporter for the Wall Street Journal covers Amazon. Her
investigations ...
The Only Jew in the Room
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After 24 years in the Israel Defense Forces, much of it focused on the West
Bank and Gaza, Lt. Col. (ret.) Avi Shalev, a Jew, made the unique decision
in h...
Understanding the Modern Monetary System – Updated!
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It’s been over 10 years since I published Understanding the Modern Monetary
System, one of the most widely read papers in the SSRN research database. I
pub...
A Few Quick Announcements
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By James As I wrote a couple of years ago, I don’t post here anymore. I
just have a couple of updates for people who subscribe and may be
interested in my ...
Putin’s ‘Winter War’ on Ukraine
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[image: Putin's 'Winter War' on Ukraine By Patrick Buchanan]In the final
days of this lame-duck Congress, before control of the House passes to
Republicans...
FTX and an old blog post
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A long time ago I wrote a blog post about rehypothecation with brokers. It
is - unsurprisingly - relevant again.
In some sense crypto provides fast-track...
Blog Post Title
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What goes into a blog post? Helpful, industry-specific content that: 1)
gives readers a useful takeaway, and 2) shows you’re an industry expert.
Use your...
Goodbye to Credit Writedowns
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Good morning everyone, I have some exciting — and also – sad news to tell
you today. First, I am going to Bloomberg as a Senior Editor. And I am
going to...
The Covid-19 Dominoes Fall: The World Is Insolvent
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To understand why the financial dominoes toppled by the Covid-19 pandemic
lead to global insolvency, let’s start with a household example. The point
of thi...
New Hedge Fund Newsletter Just Released
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The new Q4 issue of our hedge fund newsletter is now available. It reveals
the latest portfolios of 25 top hedge funds and also features summaries of
2 st...
The gulag that France has become
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*Here’s a powerful article from Robert Spencer, posted at Front Page
Magazine, that will, more than any other article I’ve read lately, provide
you with...
Do Higher Wages Mean Higher Standards of Living?
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Editor's note: We have updated macroblog's location on our website,
although archival posts will remain at their original location. Readers who
use RSS sho...
Happy New Year!
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2020 Year of ________? You'll have to go to the Speakeasy to read the New
Year's post, but here I'm giving you a twofer. The first was posted at the
Speake...
Big D Has Your Rivalries Right Here
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Editor's Note--Well that wasn't how we like it last week. 2-4. But this
week is rivalry week in the college where you throw out the records and
teams play ...
What’s the best type of healthcare system?
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If we’re going to improve our healthcare system, it’s worth looking closely
at the experiences of other rich democratic countries. There are two
principal ...
French Rescue Four Hostages Lose Two Soldiers
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Viva Liberty! French commandos rescued four foreign hostages including two
French citizens from a militant group in Burkina Faso, France's military
said on...
Gisellian demurrage currency
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Dr. Keen, I am wondering if you have ever seriously considered issuance of
Gisellian currency for countries facing unplayable debt (all of them, as
far as ...
The Foremost Problem Is Moving to Stormfront
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Good news. This blog is moving to Stormfront. The transition might take
several months. Current content will remain in place for historical
purposes for as...
Memories of a Friend
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It’s been 1 year since Oscar died, and I’ve been reluctant to write an
obituary for him because I didn’t think I could put into […]
The post Memories of ...
Daily Readings 01-27-2019
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IS BIG TECH MERGING WITH BIG BROTHER? KINDA LOOKS LIKE IT A FRIEND OF mine,
who runs a large television production company in the car-mad city of Los
Angel...
Since the U. S Knew Syria Had Chemical Weapons
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And since the U. S. knew where the chemical weapons were being made
And since the U. S. knew where the chemical weapons were being stored
*Why didn't the U...
The Market Ticker - The Pattern of The Market
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*Looks awfully similar to 2008.*
*Rotation back and forth, with most of the gains coming in a handful of big
names with big stories -- but no earnings to...
An inside peek at Silicon Valley for media leaders
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In recent years, I have conducted media-and-technology study tours in New
York, London and Silicon Valley for high-level publishing executives. This
year, ...
The End is Nigh
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Dear Reader,
It is over five years since I wrote the last published piece for this blog.
A lot has happened during that time: the unprecedented rioting in ...
New Book from John Weeks!
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My colleague John Weeks has just published a very relevant book laying bare
the logical and practical problems with economic policies informed by
mainstrea...
Gold Stocks - All Perspective Has Been Lost
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Many recent published commentaries appear to have lost perspective on the
now much-hated Gold stock sector. The fact of the matter is that,
technically, t...
Feeling sorry for the rats.
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'*What's in the box*?'
-David Mills, Se7en
'*And the eye-in the-sky is watching us all.*'
-Ace Rothstein, Casino
'*To be modern only means to fill new f...
Twitter Digest: 2013-06-09
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Given that I block NSA & PRISM tweets, was entertaining tuning into twitter
& trying to figure why everyone was on about Lord Snowdon -> Turned on GoT
toni...
College Graduates Are The New Debt Slaves
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With the average cost of attending college in America at $120,000, a family
of four should expect their children’s college to cost more than a home.
Yet...
Gates of Vienna Has Moved
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[image: Time to go!]After being taken down twice by Blogger within a single
week, we got the message:
*It’s Time To Go.*
Gates of Vienna has moved to...
Marc Faber: Germany Should Have Left The Euro
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On Bloomberg:
Remember: nothing has been fixed...
“If you put one or 100 sick banks in a union, it does not change the fact
that they're sick. In my vi...
Moved Over
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I’ve been blogging away over at my new blog at Next New Deal, come join me
over there! Here’s the new rss feed. I might post here once in a great
while, m...
The Automatic Earth on the move
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Purchase our new 2014 set of video downloads at TheAutomaticEarth.com At
around 6 PM EST, Sunday, February 5, 2012, The Automatic Earth has moved to
its ne...
Occupy Wall Street - Marine vs 30 Cops
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Speaking of the police. Here is a link to a video of a soldier - in uniform
- protesting the treatment of demonstrators by the police.
http://perezhilton....
We've Moved!
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If you're reading this, it means you've been following the
http://georgewashington2.blogspot.com address. We switched over to
WordPress, and from now on...
The Inchoate Rage Beneath our Global Cities
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“London’s riots prompted commentators on the right to blame hooliganism,
while those on the left cited frustrations with the UK’s faltering economy
and fis...
Natural History of Fire & Flood Cycles
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In reference to the analogies presented in my previous article, please have
a look at this article: Natural History of Fire & Flood Cycles While
reading it...
Why non-profit execs are not paid too much
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Anger over executive salaries is fast turning into a witch hunt. We’ve no
longer just down on financiers, but also on state employees, on teachers,
on just...
1930s Vs Today: Lots To Worry About
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I have written an article about the similarities between now and the great
depression, which I will post at a later date. However, for now, I just
noticed ...
A devoted student of why nations and empires succeed or fail. In general, I believe in the following:
Sparta - not Athens;
Strength over Weakness;
National Competition and Supremacy in a dangerous world;
It's been an interesting week for followers of Celebrity Gossip.
This time, it's golfs' Mr. Clean - Tiger Woods - who's caught up in the latest "Who's been sleeping with who" media frenzy.
Tiger, my man, what's up with that?
First of all, there was the mysterious car crash outside your house at 2:30 am.
Next, there was the ambulance ride to the hospital to be treated for cuts, bruises and lacerations.
Finally, the refusal to talk to the authorities, until your PR and legal people could damp things down.
Tiger, for a professional athlete, this whole thing has been a PR nightmare and a potential legal and financial disaster. For someone whose judgment on the golf course has been so good, this is the kind of misstep we might expect of a Tour Rookie.
First of all, if you're going to Tomcat around, you take some basic precautions.
And one of the first ones is to NOT have your girlfriends on the cell phone speed dial.
That's how Elin found out. She went through your phone and found Rachel, Jaimee and Kaliqua.
Next, she hired a "Private Detective to the Stars" and found out quite a bit.
Like you had Rachel flown out to Australia for the Australian Masters, and that you later sent her on to Dubai, of all places, with some cash for her time and trouble. She also found out that you'd been seeing her for quite some time, and that you've paid her over $ 1m for her time and silence.
And just who is Rachel Uchitel? A thirtyish sometime model and professional bicoastal party girl, previously linked to Derek Jeter and Manny Ramirez.
Next, she found out about Jaimee Grubbs, a sometime cocktail waitress and medical marijuana dealer from LA. Seems she's about to cash in on her fifteen minutes of fame with a million-dollar tell-all to the tabloids and a nude photo shoot.
And then, there's Kaliqua Moquin - a statuesque Las Vegas nightclub hostess, well known as the "Diva" of Las Vegas' overpriced and under-regulated nightclub scene. She's been all over the media with stories about champagne and cocaine-fueled bacchanalia on your very frequent solo visits to Las Vegas, where, according to her , you've also dropped quite a bit at the tables as well.
And her former boyfriends? Rappers Jay-Z, Li'l Wayne and Eminem.
PGA Tour, meet Da Hood.
Wow - sex, drugs, and gambling. No wonder Elin took a 3-iron upside your head before you tried to get away in the Escalade.
So, now that's its all out in the open, what do you do? You need to take charge.
First of all, you should talk to your off-season friends who've been caught up in the same thing. Guys like Kobe Bryant and David Letterman.
Kobe will tell you it will not be cheap. Vanessa got $5 million in cash upfront and a large upgrade in the prenup. Letterman also had to fork over to the wife big time. And since Elin has already talked to her friend Vanessa Bryant about how to handle things, you can expect to pay up several million immediately, and upgrade the pre-nup as well.
Hey, it's par for the course - don't complain. And since the thrashing by Elin's 3-iron was nothing compared to the world-class ass-chewing you got from your own mother, carrying on about shame, embarrassment and loss of face, you need to make right with Wife, Mother, and Mother-In-Law (all of whom live with you - yikes) and then get your story out in a friendly forum.
And I know just the guy. You know him too. You need to call Jim Rome and either go on his radio show (for a whole show including call-ins) or go on ESPN's Rome is Burning.
Romey has been all over this all week, but mostly in a sympathetic vein.
So break off a call to Jay Stew the phone slap, and go on the show. You've been in The Jungle before, so you know what to expect. Tough love - but love nonetheless.
And next season, be all business. Get those majors. And since I expect Elin, your Mother, and your Mother-In-Law to be "chaperoning" you on tour, just suck it up and take care of business.
Both your game and your life will be the better for it.
In the meantime, here's a couple of things from YouTube for my reader's enjoyment:
The only thing cool about the media coverage is the asian reenactment with old school 3D graphics. I sense a kind of Jim Crow "Prominent Negro Scandalous with White Women!" kind of event. it is sickening! Even if it isn't racist it is still somewhat racially tinged because Tiger Woods, a black man, is having affairs with women who are white. I wish the media was more mum and quiet about this story and would air more important stories like for example why Republicans suck. but rich white republicans wouldn't like that- they would rather see a black guy get slammed by the media. so there it is.
other than that I respect Mr. Woods and his immense golfing abilties. He can do what he wants. He earned it.
The only thing cool about the media coverage is the asian reenactment with old school 3D graphics. I sense a kind of Jim Crow "Prominent Negro Scandalous with White Women!" kind of event. it is sickening! Even if it isn't racist it is still somewhat racially tinged because Tiger Woods, a black man, is having affairs with women who are white. I wish the media was more mum and quiet about this story and would air more important stories like for example why Republicans suck. but rich white republicans wouldn't like that- they would rather see a black guy get slammed by the media. so there it is.
ReplyDeleteother than that I respect Mr. Woods and his immense golfing abilties. He can do what he wants. He earned it.