Economy

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Who Has The Best Job In Solar? Bet It’s Not You

By Chet Henry, Special To RGB Close your eyes for a moment and picture the perfect job in solar. You’d talk solar all day and all night. You’d work with some of the most innovative companies in the solar world. You’d fly around the country — first class, of course — to attend solar ribbon […]

May 9th

Paula Mints: Will The Tariff Wars Ever End?

Paula Mints is one of the top market researchers in the country whose insights are sharp and incisive. She is also the founder and chief market research analyst for SPV  Market Research. In this post, she says the trade wars currently raging in the solar industry must stop — or the long-term damage to the industry may be irreparable. […]

April 6th

James Howard Kunstler – The Cracker Party and the Snapback

By James Howard Kunstler Well,  at least the poobahs cleared a path to the annual orgy of Christmas, which, along with the S & P 500, have become proxies for the American economy. Lately, the Christmas season starts directly after Halloween, so, the whole fourth quarter of the year becomes a circus of ceremonial distractions. […]

October 21st

David Brin – Markets work… unless blighted by parasites

By David Brin Here is a riff that I’ve stored too long.  Something that needs saying. Can companies really gain investment capital via the stock market?   Elsewhere I have commented on how easily capitalist/entrepreneurial markets can and do get warped by cheating and parasitism.  Some of it is inherent, as Adam Smith described way back in […]

James Howard Kunstler – That Dreadful Day

By James Howard Kunstler For the moment, the trend seems pretty clear. Money from far and wide rushes into the US stock markets because every other conceivable place to stash money produces no return, no interest, no increase, at a time when the value of central bank currencies is slip-slidin’ somewhere south of Palookaville. The […]

April 7th

James Howard Kunstler – Money meltdown

By James Howard Kunstler The basic operating system of global banking today is… accounting fraud. And it has become that way stealthily, insidiously, for about fifteen years now. Nothing is what it appears to be anymore. What remains are games of musical chairs, Ponzi schemes, frauds, swindles, stonewalls, ruses, ploys, scams, dodges, bluffs, subterfuges, QE […]

March 25th

Why are we cutting spending NOW? This is just stupid.

What should be happening right now in the US is INVESTMENT. Instead, everybody in Washington – all the Very Serious People – are convinced that our true crisis is spending… because sometime 25 years down the road or so we will run out of money. Let me repeat: This is just STUPID. As Nobel Laureate […]

March 6th

James Howard Kunstler: Walmart and the corn-pone Nazis

By James Howard Kunstler Last week, extreme right-wing, hyper-patriot blogger and “Christian Reconstructionist” Gary North published a piece that bounced around the Web titled “JAMES HOWARD KUNSTLER: FOUL-MOUTHED APOLOGIST FOR THE GOOD OLD BOYS.” Gary North was inflamed because I had put out a recent blog inveighing against the chain-store rape of local economies from […]

March 4th

James Howard Kunstler: Change in the State of the Union that nobody believes in

By James Howard Kunstler The fog of chatter about Federal Reserve money-printing shenanigans, currency wars, fiscal intransigence, exchange rates, and alphabetized rescue operations conceals the central reality of the historical moment: that all industrial economies now face epic contraction, even rip-roaring China in its absurd and spectacular bid to become the latest drive-in utopia. The […]

February 11th

A simple plan to fix the deficit: The transaction tax

By David Brin Elsewhere I’ve long pushed the idea of a financial transactions fee to rebalance the playing field in securities markets, so they will no longer lean so hard in favor of giant Wall Street brokerage houses, now running a scandalous scam called commission-free High Frequency Trading (HFT).  Extremely modest in scale, the transaction fee would not […]

February 11th