I don’t usually pay much attention to quarterly GDP releases but China’s Q3 report is interesting for two reasons. One, it’s completely consistent with an economy that hasn’t meaningfully rebalanced away from a heavy reliance… Read More »China’s Economy: Still Unbalanced After All These Years – And Now Close To Recession
The nauseating saga of the Boeing 737 Max two deadly crashes in October 2018 and March 2019 is a perfect example of how American corporations are barely regulated and even when their products cause hundreds… Read More »Boeing Gets Away with Murder
Dear Mr. Dalio, Thank you for raysplaining the latest developments in China in your two recent posts on LinkedIn, here and here. Since I’m an American, I obviously know nothing about China, have never been… Read More »Not Everyone Loves Ray Dalio
Texas Governor Greg Abbott has been busy tilting at windmills. Egged on by the caveman caucus of the GOP, Abbott has been blaming wind power and green energy generally for the February blackout that made… Read More »Even Texas Oilmen Think Greg Abbott Is a Neanderthal
Who are these guys? Who are these people that are so dumb they think selling out your principles and your family can ever not end badly? The last five years of Trump has taught us… Read More »George P. Bush Named Most Odious Human of 21st Century
From the London Daily: “Why do some British people not like Donald Trump?” Nate White, an articulate and witty writer from England wrote the following response: A few things spring to mind. Trump lacks certain… Read More »Greatest Description of Donald Trump Ever
There’s so much death and suffering in the world these days (unless you’re a 5′ billionaire with a rocket ship and a cowboy hat), we are struggling to process news about other disasters, other suffering,… Read More »American Corporations Commit Criminal Acts While Investors Yawn
Below are excerpts from another great Matt Stoller piece, this one about how $2,000/hour Big Law attorneys help their clients, corporations and private equity funds, get illegal mergers approved by a formerly toothless FTC. Now,… Read More »Antitrust Lawyers Have Gotten Rich Screwing Americans. Lina Khan’s Starting To Fight Back.
Writing a blog post summary of another summary of an academic paper may seem to be ridiculously derivative but bear with me, this is crypto. And whenever I think of crypto, I can’t help but… Read More »Bitcoin and Blockchain: One Plus One Equals Zero – as per Nassim Taleb
By a 9-0 margin, the Supreme Court Inflicts Mortal Wounds to the NCAA Yesterday, the Supreme Court, by a gob-smacking 9-0 margin, ruled that the NCAA’s limits on education-related expense reimbursements to “student-athletes” violates anti-trust… Read More »Talented Black Athletes Should Be Paid Market Value. Everything Else is Bullsh*t