"We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives blighted by the absence of jobs — will nonetheless be immense.
And this third depression will be primarily a failure of policy. "
Slick Willie advocates large scale SBA loan guarantees to free up the 1.5 trillion the banks are currently hoarding to gain a million jobs in 6 months time.
The Home Gunsmith, a website disseminating information for homemade firearms. Now dormant. Killed by the British Government. It's owner, Phil Luty, thrown in a jail cell somewhere. No one knows. The British Government is not saying.
You can imprison and kill bodies, but you can't kill ideas.
The books are available as PDFs in those corners of the internet where files and information roam free... there for you to access should you need it, so that THIS doesn't ever happen again.
We'll have to eventually pay for all this stimulus money. But if you crank taxes up, you discourage growth. Don't crank up taxes fast enough and the US dollar is worthless in 10 years. It's a precarious high wire act with a hungry bloodthirsty lion at each end of the line.
"As interest rates rise, as they must, and international commodity and other prices rise as the global economy recovers, real, after-tax, inflation and tax-adjusted disposable incomes will continue to fall. This means real consumption can rise temporarily but will likely fall again, giving the United States a double-dip recession."
Welcome to your lost decade, America.
CNBC, a leading whorish cheerleader for Conspicuous Greed has a completely different take; one filled with gumdrop wishes and endless wealth that can be found at the end of the rainbow. There you'll find wads of C-notes flowing from the golden star-hole of a Magical Unicorn's anus.
Here's some CNBC video. Let's see what steps out of the Clown Car:
20′ Container Home by Alternative Living Spaces
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One of my favorite types of simple construction is a tiny home built from a
storage container. Alternative Living Spaces has really perfected the art
of ...
A good run: Overlawyered, 1999-2020
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I published the first Overlawyered post on July 1, 1999, and I expect this
post on May 31, 2020 will be the last. As someone in the entertainment
world o...
Migration Happens
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*This is from three years ago on the subject of migration, it might allow a
repeat. History tells us of the constant movement of peoples and what
happe...
Historic Chart of the Day
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Based on today's Census Bureau report on April retail sales, consumer
spending at "*Food Services and Drinking Places*" (restaurants and bars,
see red li...
resurrection, part 5
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Its been a few weeks here on the Left Coast, unexpectedly finding myself
immersed in the reboot of this turbo bike build at Zombie Apocalypse
Workshop's se...
Menace
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Power is intoxicating. Everyone loves having the ability to make their
decisions into reality — to think "this should be something that happens,"
and the...
0007
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"One is best served by measuring success in life not merely by the quality
of one's friendships, but also by the cuntiness of one's enemies." -
Professor H...
Canada in the game
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Anonymous digital "cash" from an actual Sovereign nation.
http://www.thestar.com/business/article/1159513--royal-canadian-mint-to-create-digital-currency
...
