Tag: Economics
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Americans have been hit by high inflation and are worried about their jobs. Will they show up at stores on Black Friday? While richer Americans have strong finances, the working class is struggling. We’re seeing it everywhere from food lines to loan defaults. Inside the Other America “I’ve never seen…
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+ Business+ Black Friday, Consumers, Economics, Economy, Finance, Inflation, Investing, Money, Personal finance, Politics, Poverty, Working Class+
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France just lost its 5th prime minister in three years. What the heck is going on over there? Today, I decided to find out… Another Government Falls Prime Minister Sébastien Lecornu resigned today after several parties threatened a no confidence vote. That vote would’ve required Lecornu to resign. The major…
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China may lose the majority of its population by 2100. Its population has declined for three straight years. This decline will only accelerate. Fertility is rock bottom, at 1.18 children per woman. The one child policy is a major reason, along with increasing urbanization. Right on cue, China’s economy has…
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“China’s past thirty years of economic growth has been impressive, but they’ve also left the People’s Republic with roughly the per person income of Mexico. Nobody worries about Mexico dominating twenty-first-century power politics or asks how we’re going to stop them from winning the future. The difference is there are…
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+ China, Economics, Economy, Finance, Investing, Money, Silicon Valley, Startups, Stock Market, Stocks, Tech, Venture Capital+
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US growth is trouncing Europe and most of the developed world. While other countries are still struggling to recover economically from COVID, America is racing ahead. Bold federal spending during COVID is a key reason why the US is outpacing the rest of the world. Mark this day — I…
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“It was like 24,992 people making dough and 8 losing it.” On September 15 2008, Lehman Brothers filed for bankruptcy. It was the largest bankruptcy in American history at the time. Larry McDonald had a front row seat. In the book A Colossal Failure of Common Sense, the former Lehman…
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+ Banking, Economics, Economy, Finance, Investing, Lehman, Markets, Money, Stock Market, Venture Capital, Wall street+
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Kamala Harris announced plans to stop “price gouging” on groceries at a speech on Friday. This plan could lead to price controls for groceries for the first time since the 1970’s. Every time I go to the store, I’m shocked at the total. Harris isn’t wrong that there’s a problem.…
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What if we had an AI Copilot for the economy? Yesterday, Anthropic released what amounts to a beta, and it’s already got amazing capabilities. Check this video out: In the demo, Anthropic uses its AI to project the GDP of the US and other major countries into the future. Everything…
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+ Anthropic, Artificial Intelligence, Claude, Economics, Economy, Finance, Government, Money, Policy, Startups, Tech, Venture Capital+
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What if you could ask the best scientists on earth any question you want, any time? New chatbots are making that a reality. Get the blog before anyone else…subscribe! Consensus searches 200 million scholarly publications to answer questions on medicine, science, and even economics. Let’s give it a try! I…
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+ Biology, Economics, Finance, Investing, Medicine, Research, Silicon Valley, Startups, Venture Capital+
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Never miss a post…subscribe! You don’t need me to tell you that oil and gas prices are through the roof these days. Gas stations are changing numbers faster than slot machines. And the explosion in prices is sowing fear in the stock market. But I think this huge spike in…