Economy

  • First Worldism: The European Revolution

    There is something I want to share with “fellow Europeans”, and it is something hard to describe. It is to, in a moment, “feel” the past. How can I convey this? How can I show this?

    Around 7700 BC, white skin had “reached fixation”, or the highest prevalence in the genome until today or some later decline, in modern-day Sweden. Some time around 3500 BC, white skin reached fixation in the rest of Europe.

    I don’t say this because white skin is super-important (though melanin is a hormone and it’s absence will have causal effects on behavior), but just to give an idea of how quickly a genetically-based trait can spread. The late Henry Harpending in his book “The 10,000 Year Explosion” explains introgression, whereby the genes of a different population can enter another population, and then those genes get selected upon, the result being that a trait could spread through the population faster than you would expect from traditional natural selection.

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  • Ethnic Diversity and the Economy

    This article will examine the link between ethnic diversity and economic success at the national, local, and group level. As will be seen, though not definitive, evidence at each level of aggregation suggests that ethnic diversity has a negative impact on economic prosperity. Before turning to the empirical evidence, let’s take a moment to see why, theoretically, ethnic diversity might be good, or bad, for the economy.

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  • The U.S. Empire Would Have Collapsed Decades Ago If It Didn’t Abandon The Gold Standard

    The U.S. will never go back on a gold standard.  The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly.  Why?  Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades ago.

    Unfortunately, some of the top experts in the precious metals community continue to suggest that revaluing gold much higher, to say…. $15,000-$50,000 an ounce, would bring confidence back into the Dollar.  Not only will this not happen, it wouldn’t save the Dollar even if it did.

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  • The Real Obama Legacy, Part 2: The Economy

    See also Part 1

    Shortly after his inauguration in 2009, President Obama invited Republican leaders in Congress to the White House to discuss their proposals for stimulating the economy. In this gesture of goodwill he failed to mention that House Democrats had already drafted and passed a stimulus bill without consulting them. Every GOP idea had been left out.

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  • Nothing grows Forever

    One serious predicament we face is that the current leaders in the halls of monetary and political power do not appear to understand the dimensions of our situation. The mind-boggling part about it is that the situation is easy to understand.

    Our collective predicament is simply this: Nothing can grow forever.

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  • Gail Tverberg: Why There’s No Economically Sustainable Price For Oil Anymore

  • Hispanic Immigration and the Demographic Decline of America

    lopez

    Facts about Hispanic immigration to America are often obscured by statistics about “immigrants”. Such numbers are misleading, as not all American immigrants are Hispanic. To remedy this problem, the current post will look at various aspects of the Hispanic American population which are cause for concern.

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  • The US Would be Running Budget Surpluses if it were all White

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    The US Federal Government does not keep statistics on taxes paid by race. But, they keep statistics on income brackets by race, and an organization called “The Citizens for Tax Justice” calculates the proportion of ALL taxes (federal, state and local) paid by each income bracket.

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  • Fiscal Impact of Whites, Blacks and Hispanics

    People march Tuesday, Aug. 19, 2014, during a rally for Michael Brown, who was killed by police Aug. 9 in Ferguson, Mo. Brown's shooting has sparked a more than week of protests, riots and looting in the St. Louis suburb. (AP Photo/Charlie Riedel)

    Previously I wrote an article that just looked at the net budgetary impact of whites and non-whites. Here I decided to break down the black and hispanic numbers as well.

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  • The Coming Breakdown Of U.S. & Global Makets Explained… What Most Analysts Miss

    The U.S. and world are heading toward an accelerated breakdown of their economic and financial markets.  Unfortunately, the overwhelming majority of analysts fail to understand the root cause of this impending calamity.  This is also true for the majority of precious metals analysts.

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