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17 trillion Debt in detail

17 trillion Debt in detail

Posted on 01 Jun 2014 in Economy | Comments Off on 17 trillion Debt in detail

Waking up to this every day, can’t be good for the economy. We owe 30% to the world, 50% to ourselves, 20% of private institutions – Fed is private. Can the USA be in 17 trillion surplus. Just imagine what we would do with 17 Trillion dollars.   Political Calculations: Spring 2014: To Whom Does […]

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Fast food madness

Posted on 16 May 2014 in Economy | Comments Off on Fast food madness

The hamburger #robots are coming. In 10 to 20 years, the burgers will be flipped by the machines. Fast food jobs will turn into robotics engineer and maintenance positions. The future looks bright; robotics squeezing the low skill workforce out, but are there enough jobs for all the future graduates? Whatever these jobs will be […]

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$25 a minimum wage

Posted on 20 Apr 2014 in Economy | Comments Off on $25 a minimum wage

This should be an interesting experiment if Switzerland does vote yes for a minimum wage of $25 per hour. Imagine, if American citizens had a minimum wage of $25 per hour, the purchasing power they would have. However, we would also get a lot of people unemployed. The current proposal to increase the wages to […]

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Technology is Deflation

Posted on 20 Apr 2014 in Economy | Comments Off on Technology is Deflation

Technology, like Nature itself, has no emotional stake in what is creatively destroyed. We all know the Federal Reserve is terrified of deflation, because they keep telling us that deflation is the equivalent of death and inflation is the equivalent of oxygen. What they fail to mention is that inflation is only oxygen for debtors […]

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