Posted on 08/12/2024 12:35:57 PM PDT by SeekAndFind
>a boom launched in the mid-1980s with Apple’s Macintosh and desktop publishing, and Microsoft’s Mac-clone Windows operating system.
Apple stole it from Xerox.
there’s ONLY ONE SOLUTION... TRANSFER MORE AMERICAN WEALTH TO UKRAINE!
Well that’s a cheerful read
The elites have figured out the best solution—rob and steal, rob and steal.
7) Government mismanagement
Market Summary
>
Gold Futures
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ABOUT TIME!!!!
Trump, if elected, will fix it.
When He broke the third seal, I heard the third living creature saying, “Come.” I looked, and behold, a black horse; and he who sat on it had a pair of scales in his hand.
And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”
The Global Economy Is Toast = A good thing!!!!
So is maximum expansion anything like peak oil? Just curious.
A couple of thoughts. The world in total is a gigantic ecological system. A storm comes along and wrecks part of it. But all of the demand signals for whatever was wrecked are still there. Demand is a market and wherever there’s a market there will be a supply. It might take a while to develop. But the larger the demand the sooner the market part of the ecology will intervene and fill the demand. For example. the Russian Ukraine war has taken a HUGE percentage of the world’s fertilizer off the market. Yet the stock prices of western fertilizer suppliers are going down. Why? They instantly ramped up supply and satisfied the world’s sudden demand. Their prices were higher because Western firms have a more inflated economy than did prewar Russia and Ukraine. Same with wheat. Russia was the world’s number one supplier and Ukraine was number five. A couple of things happened here. Substitution, increased yields in Argentina and the US and other factors. But the world is again balancing because markets work.
Let’s talk technology. In 1971 I had a bunch of reference books while studying engineering. Within two years something came out of left field that nobody had even thought of in 1971. I got a handheld calculator that replaced ALL of my reference texts. Nobody saw this coming.
Now we’re acting like that was a one-off and can never happen again. For thousands of years life, death, farming, and business barely changed. Then with the information age all of it started changing on an almost daily basis. That change hasn’t stopped. If anything, it’s accelerating. Back to the Russian/Ukrainian war. At the beginning few people thought Ukraine could do anything against the mighty Russian Goliath. They developed drones to such a level that the Russian fleet has fled the Black Sea and is barely able to operate. All because of a technology that barely existed only two years ago.
Whatever the disaster, if we’re still alive and the markets are still working, we’ll get through this just fine.
Yes, definitely 1) China’s industrialization and 2) Growth-positive demographics are at end nearly every where (except Africa (where annual population growth the last 30 years has been about 2.32%). Which is fueling global capital plays into Africa.
Yes, 3) Low interest rates are maybe at and end and in part because 4) Low debt levels are no where in site.
5) Low inflation will depend on if and how any 6) Tech productivity boom, maybe AI ceneterd, can continue to expand productivity, but it will be contesting against higher taxes to bring global debt leves down. Higher taxes alone may sustain inflation levels as they contribute to higher costs.
All six are dead, therefore war! Works (almost...sometimes) every time.
We need to drill baby drill and melt rocks into steel!
And what will that do the U.S. economy? Countries don't pay the tariff, the buyer or consumer does. At some point the willingness or ability to pay the cost goes away.
It also isn't like we can just start up a factory in the U.S. overnight.Heck, who is going to run it?
There were some good ideas in the Xerox Star and Doug Englebart created the mouse, but it was a LONG ways from that idea to a commercial success.
There were dozens of people working on telegraphy before Morse. There were dozens of brilliant people working on the phone before Bell. There were hundreds of car companies before Henry Ford perfected mass production and low prices.
“Shoulders of giants”
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