Jeffrey Scott Shapiro in The Wall Street Journal “The president didn’t mention violence on Wednesday, much less provoke or incite it. He said, ‘I know that everyone here will soon be marching over to the Capitol building to peacefully and patriotically make your voices heard.’ “District law defines a riot as ‘a public disturbance . . .Continue reading “The Brandenburg Standard”
Author Archives: econophysics2020
In Counting There is Strength
Ryan McMaken (Mises Institute) lays it all out:
Inflation Ahead?
Per MorganStanley, five factors will drive inflation: 1. First, private sector risk appetite has experienced limited scarring: As we have argued at length, the pandemic was an exogenous shock. Policy-makers were unfettered by moral hazard concerns and had little hesitation about underwriting household and corporate income losses to an unprecedented degree. In particular, while unemployment costContinue reading “Inflation Ahead?”
The Blood of Patriots
Published in The Burning Platform by ZMan: Yeterday, Ashli Babbitt was shot in the neck and died while protesting inside the Capitol with other protestors. A group of angry Trump supporters had got into the building and were making a racket. This is not an unusual occurrence. During the Kavanaugh hearings, Democrats organized mobs ofContinue reading “The Blood of Patriots”
The Reichstag Fire
On February 27, 1933, the German parliament (Reichstag) building burned down due to arson. The Nazi leadership and its German Nationalist coalition partners exploited the fire to persuade President Paul von Hindenburg that Communists were planning a violent uprising to derail Germany’s “national renewal.” They claimed that emergency legislation was needed to prevent this. CommonlyContinue reading “The Reichstag Fire”
What is truth?
Jonathan Turley: “However, it is simply not true that the Lafayette Park protests were peaceful as demonstrated by the high number of law enforcement injuries and extensive property damage. Even on the day of the clearing of the area, there was some violence. However, when the park was cleared, there was not the violence ofContinue reading “What is truth?”
Parler Silenced by the Oligarchs
“Woe to that nation whose literature is disturbed by the intervention of power. Because that is not just a violation against ‘freedom of print’, it is the closing down of the heart of the nation, a slashing to pieces of its memory. The nation ceases to be mindful of itself, it is deprived of itsContinue reading “Parler Silenced by the Oligarchs”
Spiking LNG Prices as Grand Solar Minimum Weather Patterns Appear
This is the first winter since the onset of the Grand Solar Minimum. And the impacts are sharp and immediate. LNG prices hit new records as temperature in Asia and Europe drop precipitousely amist tight supples. The historic Arctic blast is set to continue across Asia, with Beijing recording -19.6C on Thursday morning–the city’s lowest temperatureContinue reading “Spiking LNG Prices as Grand Solar Minimum Weather Patterns Appear”
Job Loss
A big surprise just how ugly the December print was, with the BLS reporting that a whopping 140K jobs were lost last month, the first monthly job loss since April’s record drop. The -140K print was worse than all but three of 66 forecasts in the Bloomberg survey. The unemployment rate was unchanged at 6.7Continue reading “Job Loss”
Office Apocalypse
As reported in Bloomberg, new leases in the fourth quarter dropped 64% YoY to 4.6 million square feet. Average asking rents for the highest-quality offices fell 8.6% to $90.42 a square foot, a decline that doesn’t capture concessions such as free months or tenant-improvement allowances. And, as the graph above indicates, this may just beContinue reading “Office Apocalypse”
Econophysics2020 