Retired engineer. Have had international living experience. Student of history, economics & philosophy. An Independent. Happily married. Polymath. Apparently, a modern day Cassandra.
These revisions after the fact don't get the attention they deserve. Because of the magnitude of the revisions, one has to look askance at any data published by the Bureau of Labor Statistics. It might be that the major current influence is that they want to keep their jobs.
February 12, 2026 at 12:12 PM
These revisions after the fact don't get the attention they deserve. Because of the magnitude of the revisions, one has to look askance at any data published by the Bureau of Labor Statistics. It might be that the major current influence is that they want to keep their jobs.
I repeat one of my long-held, but unpopular belief amongst the money-grows-on-trees crowd, that if you can't prove you're a citizen, then you should not be allowed to vote. In my mind being able to prove citizenship indicates a mental acuity and organizational ability that we want voters to possess.
February 10, 2026 at 6:26 PM
I repeat one of my long-held, but unpopular belief amongst the money-grows-on-trees crowd, that if you can't prove you're a citizen, then you should not be allowed to vote. In my mind being able to prove citizenship indicates a mental acuity and organizational ability that we want voters to possess.
Some background to Germany's dilemma is attached. See especially the part that ~12% of Germany's refined petroleum products are processed in the 3 Rosneft's refineries. These refineries get their feedstock (crude) from russia. Both the US, and more to the point, the EU, have sanctioned russian crude
February 10, 2026 at 6:14 PM
Some background to Germany's dilemma is attached. See especially the part that ~12% of Germany's refined petroleum products are processed in the 3 Rosneft's refineries. These refineries get their feedstock (crude) from russia. Both the US, and more to the point, the EU, have sanctioned russian crude
In order to provide some public protection from bank downturns and/or failure banks are required to keep a certain percentage of their obligations (deposits, etc) on deposit (reserves) with the central bank. What is being proposed here is for the government to stop paying interest on these deposits.
February 9, 2026 at 2:30 PM
In order to provide some public protection from bank downturns and/or failure banks are required to keep a certain percentage of their obligations (deposits, etc) on deposit (reserves) with the central bank. What is being proposed here is for the government to stop paying interest on these deposits.
This is a 'momentum' play at the end of a cycle. I've also used the reference to 'greater fools' to describe the folks who keep the momentum going for a time. But Bitcoin is bound to rise again. There are too many coin fools out there. At some point they're going to try and catch that falling knife.
February 9, 2026 at 1:23 PM
This is a 'momentum' play at the end of a cycle. I've also used the reference to 'greater fools' to describe the folks who keep the momentum going for a time. But Bitcoin is bound to rise again. There are too many coin fools out there. At some point they're going to try and catch that falling knife.
We're getting more information that many private equity loans have been made imprudently. It also appears that much of the capital behind this capital is borrowed money, ie read 'financial contagion'. Can't read yet how bad the situation will get, who is in trouble, or how big the losses will be?
February 6, 2026 at 3:19 PM
We're getting more information that many private equity loans have been made imprudently. It also appears that much of the capital behind this capital is borrowed money, ie read 'financial contagion'. Can't read yet how bad the situation will get, who is in trouble, or how big the losses will be?
To me they are known as 'momentum' plays. They've been happening for years typically in securities that get pushed way beyond their intrinsic value. A lot of money can be made in them but they are also very dangerous. They don't end well. Hard to know when to stop holding the bag.
February 6, 2026 at 2:45 PM
To me they are known as 'momentum' plays. They've been happening for years typically in securities that get pushed way beyond their intrinsic value. A lot of money can be made in them but they are also very dangerous. They don't end well. Hard to know when to stop holding the bag.
Fyi. Strategy is a us public company. Primary business is business analytics. Competitors include SAP, IBM and Oracle. Michael Saylor is the executive chairman. Since 2020 the company's securities are widely considered to be a proxy for bitcoin although it's not a regulated investment fund.
February 6, 2026 at 12:06 AM
Fyi. Strategy is a us public company. Primary business is business analytics. Competitors include SAP, IBM and Oracle. Michael Saylor is the executive chairman. Since 2020 the company's securities are widely considered to be a proxy for bitcoin although it's not a regulated investment fund.
Wonder if Mauritius is willing to discuss a Diego Garcia future involving a Chinese military base, us coercion be damned? They would probably be loath to pursue such a pact but would like to think that t thinks they might. And of course, they might be jumping out of the pot into the fire . . .
February 5, 2026 at 8:23 PM
Wonder if Mauritius is willing to discuss a Diego Garcia future involving a Chinese military base, us coercion be damned? They would probably be loath to pursue such a pact but would like to think that t thinks they might. And of course, they might be jumping out of the pot into the fire . . .
I was curious about this and gathered the information attached. If Carney were to consider such an option the expected response from the us would be to declare such an intention 'an act of war' and either blow the Canadian flagged tanker out of the water, or, at the very least, board & capture her.
February 5, 2026 at 6:58 PM
I was curious about this and gathered the information attached. If Carney were to consider such an option the expected response from the us would be to declare such an intention 'an act of war' and either blow the Canadian flagged tanker out of the water, or, at the very least, board & capture her.
You are telling me this from the sanctity of your little (not being diminutive) world. I am trying to warning you that that sanctity may be under viable attack. Venezuela for example. Since the probability is non-zero, you may want to do something about it. Couldn't happen in Canada. Yeah right.
February 5, 2026 at 5:52 PM
You are telling me this from the sanctity of your little (not being diminutive) world. I am trying to warning you that that sanctity may be under viable attack. Venezuela for example. Since the probability is non-zero, you may want to do something about it. Couldn't happen in Canada. Yeah right.
But it's now the way of the world since removal of the us umbrella. Many countries are now racing to establish their own 'umbrellas'. And I can think of no other way to protect one's sovereignty and way of life. If one doesn't move to do so, I would look to the example of Hong Kong for the result.
February 5, 2026 at 5:40 PM
But it's now the way of the world since removal of the us umbrella. Many countries are now racing to establish their own 'umbrellas'. And I can think of no other way to protect one's sovereignty and way of life. If one doesn't move to do so, I would look to the example of Hong Kong for the result.
No. And what's more important is that this country is now under the control of like-minded people. And it is not anticipated that this will change in the near future.
February 5, 2026 at 5:37 PM
No. And what's more important is that this country is now under the control of like-minded people. And it is not anticipated that this will change in the near future.