Banana Republic – Literally

The Personal Current Transfer Receipts (PCTR) report summarizes government social benefits and net current transfer receipts from business (unemployment). Simply put, it’s government welfare. And that welfare is behind the record surge in personal income in March when China Joe, the Sock Puppet “president,” distributed $1.9 trillion in “stimulus checks”. March PCTR payments ballooned toContinue reading “Banana Republic – Literally”

First Real Estate, Then Oil, Next is Food

The quantity of USDs in circulation has been growing at an accelerating rate since the JFK/LBJ Guns and Butter program. The bill came due when Nixon came along. One option was to cut spending and raise taxes to pay off the debt. Nixon took the other option and closed the gold window giving rise toContinue reading “First Real Estate, Then Oil, Next is Food”

Suppressing Interest Rates and Life

I was fortune to study economics under Murray Rothbard. Quite an experience. Then again, so was studying philosophy under Leonard Peikoff. Also quite an experience. And, serving as a commissioned officer in the US Navy under Admiral Hyman G. Rickover. THAT was an experience. These three guys had a lot in common. I got smackedContinue reading “Suppressing Interest Rates and Life”

Less Global Warming Than IPCC Forecasts

“Science is real”. Hear that a lot, don’t you? Usually from people who aren’t scientists, never studied science in college or grad school, and probably too a science course in their lives. If you listen to “St. Greta”, mankind faces an imminent calamity. IPCC models forecast rapidly rising temperatures. But as the graph above demonstrates,Continue reading “Less Global Warming Than IPCC Forecasts”

Wuhan/CCP/SARS-CoVid 19 Fatality Rate

We know CoVid 19 is contagious. But how lethal is it compared to an influenza outbreak? The 2009 swine flu pandemic was an influenza pandemic that lasted about 19 months, from January 2009 to August 2010, and was the most recent flu pandemic involving H1N1 influenza virus (the first being the 1918–1920 Spanish flu pandemic and the second being the 1977 Russian flu). First describedContinue reading “Wuhan/CCP/SARS-CoVid 19 Fatality Rate”

Baltic Dry Index Jumps to Over 10-Year Peak on Capesize Surge

Just as night follows day, so Congressional helicopter money flows right out to sea while Walmart “stuff” comes back in return. No surprise, the demand for containers and shipping is peaking resulting in spiking shipping rates. Here’s gCaptain with the details (https://gcaptain.com/baltic-dry-index-jumps-to-over-10-year-peak-on-capesize-surge): April 21 (Reuters) – The Baltic Exchange’s main sea freight index surged toContinue reading “Baltic Dry Index Jumps to Over 10-Year Peak on Capesize Surge”

Solar Minimum Cold and Snow

The GIF published above presents NOAA’s temperature anomaly forcasts over the next 2 days. As is evident, we’re looking at lower-48 temperature anomalies of upwards of a dozen degrees C below norms. I routinely track the effects of the Solar Minimum that has begun and will run at least through 2050 due planetary dynamics reducingContinue reading “Solar Minimum Cold and Snow”

Putin’s Ukrainian Judo

Like so many debacles in recent months, this one began when the Sock Puppet installed as US president by our corporatocracy last fall went with his bombastic bluster impulses in a television interview on March 17 calling Vladimir Putin a “killer”. All national leaders fit that criterion. Hilariously, Putin loosely replied, it takes one toContinue reading “Putin’s Ukrainian Judo”