Author Archives: econophysics2020

Transport Volumes Up

Carloads and intermodal units up 2.2% YoY. Four carload commodities showed increases over 2019, led by grain, up 23.9%;  six were down, most notably coal (minus-20.1%) and petroleum and petroleum products (minus-19.1%). For the year to date, total traffic is down 9.8%, with intermodal units down 5.1% and carloads down 14.9%. https://trn.trains.com/news/news-wire/2020/10/21-intermodal-traffic-remains-up-carloads-still-down-aar-statistics-show

Red Ponzi Saber-rattling

“Every rocket force brigade in Fujian and Guangdong is now fully equipped.” Chang asserts that this is evidence of the communist regime’s invasion plans: “The size of some of the missile bases in the Eastern and Southern theatre commands have even doubled in recent years, showing the PLA is stepping up preparations for a warContinue reading “Red Ponzi Saber-rattling”

“When the European Union speaks as a superior, Russia wants to know: Can we do any business with the EU?”

Lavrov: “No matter what we do, the West will try to hobble and restrain us, and undermine our efforts in the economy, politics, and technology. These are all elements of one approach.” Question: “Their national security strategy states that they will do so.” Lavrov: “Of course it does, but it is articulated in a way thatContinue reading ““When the European Union speaks as a superior, Russia wants to know: Can we do any business with the EU?””

Systemic Risk in the Red Ponzi

According to Reuters, Beijing now wants a full accounting of everything going on at local developers. “The government is monitoring everything now, unless you want to cheat, but they will be able to tell from your monthly figures,” said a senior executive at one of the developers in the pilot scheme. Following concerns of too much developerContinue reading “Systemic Risk in the Red Ponzi”

Enjoy Oligarchy

“ “Step one, help yourself to tasty assets from the public trough. Step two, figure out how to keep them. “The best investment in Ukrainian history may be about to become even better—Burisma’s recruiting of Hunter Biden to its board. After a government minister allegedly awards himself lucrative gas rights, the Ukrainian people overthrow aContinue reading “Enjoy Oligarchy”