Independent thinking for complex markets and current events
What the hell is happening in Germany right now? In just six weeks, the country announced 125,000 industrial job cuts. Think about that for a second. If the U.S. were hit at the same rate, that would be like 300,000 factory jobs gone or 500,000 total jobs wiped out in a month and a half. …
by Mike Shedlock “Buy America” sounds great. But it’s costly and about to rise steeply. ‘Buy American’ Policies Don’t Help Americans Bloomberg columnist Tyler Cowen says ‘Buy American’ Policies Don’t Help Americans “Buy American” sounds like such a good idea. The phrase itself evokes the benefits of commerce, and of America selling things, while renewed interest …
“It’s like if you took a minivan and took all the seats out, that’s the amount of space you have,” Reiss said. “It’s sort of beautifully designed inside, it feels sort of like a waiting room at a spa, quiet and comfortable.” Then they sank “like a stone,” gently falling for two hours and 30 …