Cultural Origins of Demographic Transition

 

The mystery is perfectly explained in this research paper by Guillaume Blanc, Brown University. It is secularization. Everywhere. Always. 

Dollar Inflation > 7% p.a.

 

Much of the world's gold is in India. Unfortunately, we use the dollar, which in 2021 lost 7% of its worth. One could even say that the American Government expropriated 7% of the world's dollar income to spend it on public programs, such as food stamps. Also in keeping open and safe sea and air routes. Next year the dollar interest rate will jump from zero to 10-15%. Many will lose their savings. 

Expecting Something

 The American government established a task force dedicated to discovering what are those unidentified (1) flying phenomena UFOs, (2) transmedium objects or devices, and (3) submerged objects or devices. The last point means that they have "seeings" of submerged phenomena that need to be investigated, that were never published. It is probable that they have palpable things in hand, and are preparing the world for some event, say contact.  

Solemnizing Nvidia's 500%

 

Not long ago I bought Nvidia shares. I told everybody to put their savings in it. They thought it was already expensive and no one followed me. Today, I see that my original investment has multiplied by five. Today I bought Kenon. One of the Ofer brothers owns it: his auto factory in China failed but Kenon still holds ZIM, which rocketed 5% yesterday on NYSE while on TASE Kenon rose only 1%. Are Israelis .. slow? 

Flint gets $626 million for incompetence

After Benton Harbor—a city of nearly 10,000 people, over 80% of them black—made headlines for its water crisis this year, Michigan promised to replace all the town’s lead service lines within 18 months. (It is being done on schedule). That did not stop its residents from filing a class-action lawsuit in November alleging deliberate government indifference (against the local Municipality and the State government). The same day a judge approved a $626m settlement for people affected by a water crisis across the state in Flint, which caused a similar media frenzy after residents complained about tainted water in 2014. Getting national attention, it seems, pays off. 

Source: The Economist. In America, baseless accusations of systemic racism get you compensated even if the water is turbid because of your own stupidity and incompetence. In America 2021, you can blame the government for indifference and get paid for it. This way lies madness ... 

Babysitting

 
Ayala feels unwell and asked us to spend the whole day babysitting Shakadudu aged two. Took the computer but produced nothing all day. It is raining. Nahal Raba was wet. At sunset, I could see the lights of Dir Balut or Zawiya, Palestinian settlements in the Shomron. Newe Afek is a nice clean, quiet neighborhood. I like it. 

Suze Orman says Buy Banks

 Suze Orman is a Lesbian from Chicago who produces sound financial advice. She is a fantastic self-promoter. About inflation, she says buy banks. 

"With soaring inflation no longer "transitory," according to the Fed, Americans are preparing for their purchasing power to take another hit.

But whether inflation is coming out of hibernation or we’re heading towards a bear market, Suze Orman, personal finance expert, says you should still lean on stocks for the long haul.

“Over the long-term stocks have produced the best gains after factoring in inflation,” wrote Orman in a blog post this past summer. “Bonds and cash struggle to keep pace with inflation; only stocks have a track record of earning more than inflation.”

Some areas of the stock market perform better than others during periods of high inflation. A bear market offers the chance to snap up more top-shelf stocks at bargain-bin prices. When the next pullback happens (and it will happen), there’s one place investors might want to look to first: banks.

Unlike the vast majority of other industries, banks actually fare well when the Fed tightens up because of their asset-sensitive nature. When interest rates rise, bank assets like bonds and loans tend to climb higher than their liabilities such as deposits.

Rising rates also mean that banks can earn a wider spread between what they pay out in savings account interest and what they earn from Treasuries.

P.S.: I don't really understand her reasoning. I think natural resources rise more.