Author Archives: econophysics2020

The Life Cycle of a Swamp Creature

From American Thinker: It doesn’t take Nostradamus or Carnac to figure out how the next two years will play out for Wyoming’s lone Congressional representative Liz Cheney. It simply takes a little observation of — and interaction with — the Swamp.  As an outside the beltway sometimes political operative and consultant, I’ve had the unhappinessContinue reading “The Life Cycle of a Swamp Creature”

Racketeering

Open The Books: The John F. Kennedy Center for the Performing Arts in Washington, D.C. disclosed that it has received $269.4 million in federal funding since 2016 – including $42 million in grants and last year’s $25 million coronavirus earmark that was mostly used for payroll. Even during the 2020 pandemic, the Center grew their net assets by $3.3Continue reading “Racketeering”

Variability as Climate Change Driver

Per Roy Spencer: Significantly, extrapolating to zero population density would give essentially no warming in the United States during 1973-2011. As we shall see (below) official temperature datasets say this period had a substantial warming trend, consistent with the warming in the highest population density locations. How can one explain this result other than, atContinue reading “Variability as Climate Change Driver”

The M2 Is All You Need to Know

Alistair Lacleod: From last March until today, we can see a total of $8 trillion worth of QE (money printing) required to pay for all the programs, and that includes Biden’s $1.9 trillion, which I know has not been authorized—yet.  The figures are enormous.  There is absolutely no way that the dollar can hold itsContinue reading “The M2 Is All You Need to Know”

A Case for the China Virus (aka SARS-CoV-2) as a Lab Artifact

From the press release: “The purpose of the analysis was to determine the origin of SARS-CoV-2, the virus that causes COVID-19. Beginning with a likelihood of 98.2% that it was a zoonotic jump from nature with only a 1.2% probability it was a laboratory escape, twenty-six different, independent facts and evidence were examined systematically. TheContinue reading “A Case for the China Virus (aka SARS-CoV-2) as a Lab Artifact”

High Prices and Low Supply

This is the 4th straight monthly decline, while contract signings are still up 22.8% from a year earlier on an unadjusted basis. By region, pending home sales declined 3.6% in the Midwest, the fourth straight decrease. In the largest U.S. region — the South — contract signings edged up 0.1%. Pending sales were unchanged in the West andContinue reading “High Prices and Low Supply”

Whack SPACs

Contrarian shares a cautionary tale: https://seekingalpha.com/article/4401822-current-speculative-bubble-dwarfs-1999-2000 From highly shorted equities to SPACs to the largest capitalization market stocks, an almost all encompassing pervasive bubble has made future real returns lower than any other time in modern market history for the U.S. stock market. The abysmal level of future expected real returns is dismal even compared to 2000Continue reading “Whack SPACs”

The Founders’ View

James Madison: I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. (T)he government of the United States is a definite government, confined to specified objects. It is not like the state governments, whose powersContinue reading “The Founders’ View”