By Kevin Judge | June 15, 2018 One factor effecting market stability is the expectation and reality that the Federal Reserve is raising interest rates. Higher rates increase the cost of doing business and effect markets by making bonds more attractive as investments. Should we be concerned about the stock market and the economy in… Read More »
By Kevin Judge | June 14, 2018 Think recovering from the last recession was tough? Imagine yourself in Germany after World War II! The country lay in ruins with 5 million military and civilian dead. The great German industrial infrastructure, once the envy of the world, was devastated by allied bombing. The country was divided… Read More »
Q: How many Marxists does it take to screw in a lightbulb? A: None – the bulb contains within it the seeds of its own revolution.
Q: How many central bank economists does it take to screw in a lightbulb? A: Just one — he holds the lightbulb and the whole earth revolves around him. Economists do it with models
Q: How many conservative economists does it take to change a light bulb? A1: None. The darkness will cause the light bulb to change by itself. A2: None. If it really needed changing, market forces would have caused it to happen. A3: None. If the government would just leave it alone, it would screw itself… Read More »
The First Law of Economists: For every economist, there exists an equal and opposite economist. The Second Law of Economists: They’re both wrong.
TOP 8 REASONS TO STUDY ECONOMICS 1. You can talk about money without ever having to make any. 2. Mick Jagger and Arnold Schwarzenegger both studied economics and look how they turned out. 3. When you are in the unemployment line, at least you will know why you are there. 4. If you rearrange the… Read More »
Q: Why did God create economists? A: In order to make weather forecasters look good.
Martin Straith | June 11, 2018 Every day there is more news about what can, may, and should happen in the world of Crypto Currencies (CC’s) and Blockchain. There has been significant investment, research, and lots of chatter, but the coins and the projects are still not mainstream. They have not yet delivered the explosive… Read More »