I was stunned to see this article when I first got up this morning:
(more…)Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Afterglow
Sensible Bounce
We’re seeing a strong bounce as I am typing this post.
(more…)Double Failure
It’s been quite a week, hasn’t it? I am still expecting idiocy from out of the blue, but what can you do? I at least wanted to point out the Russell 2000:
(more…)Proxy Trade War
The latest from Binkius Hippo: The trade war is a proxy for the fight between democracy and autocracy in the digital age.
The trade war is not about fighting for jobs. 25% tariffs will not work.
GM is spending $1.5 MILLION to create EACH job position at Lordstown assembly. The Peterson Institute estimates that it costs $900,000 for each steel worker job. These type of skilled-trades jobs pays $3/hour in Taiwan and $1/hour in China. Korea is a bit more expensive than Taiwan, but Vietnam and Thailand are much cheaper.
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