Two minutes will manage to address any optimism you have left.
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.
Recession Risk
The recession probability indicator (symbol FR:RECPROUSM156N but you knew that already) has popped up recently to the highest level of the past couple of years. This looks very dramatic, but it is still showing a change of only about 1.5%.
Thanks, Gavin!
The map below is no surprise to me. I guess with the exception of New York state, California is the most parasitic when it comes to taxation. I don’t really feel it myself (how could I, with Slopers defining my income??) but my boy certainly does. Not only was his state tax bill enough to fund a new hydroelectric dam, but thanks to the Trump tax changes a few years back, a mere $10,000 of those are deductible! Suffice it to say, I hate all governments, and I resent every single penny my family sends to any of them.
Honor Your Debt=For Fools Only
One Million Years Ago
I know it seems impossible to believe, but there was a time not terribly long ago that our government had a little bit of a backbone left. This clip is from 2008 when, in the midst of the so-called financial crisis, Congress said NO………..yes, they said NO………to a bailout. Even more hilarious, the bailout was a puny $700 billion, which at the time was considered absolutely shameful. After Hank Paulson literally GOT ON HIS KNEES AND BEGGED Pelosi, it passed, and that set in motion the destruction of our once-great republic.
