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Well, that wage is important. International trade is the wave of the future. It's great! But we have to figure out a way for prices to reflect parity between wages. I think this can be done, approximately, but it wont be easy.

Tonight I'm going to be watching a comedy hour with Kasich playing the straight man. And then, in a few weeks, from New York, I will watch the real debate between serious candidates for the Presidency of the United States when Sanders debates Clinton.

I fully agree with and understand your point. But what is reality telling us? It is telling us there is something fundamentally wrong with the business model of that kind of 'low margin manufacturing'.

This highlights a problem in the USA right now. We don't listen. We should. Agreeing and listening are two different things. But we should listen. There is a significant probability that we could learn something.

And, Oh, don't forget, married a member of the Medical Cartel. Now that was smart. Maybe not nice, but still in its way, smart.

don't be silly! We have by greed and avarice driven it down. The only antidote to human instinct and our appalling, learned behavior, may be something artificial.

It is curious that this impression I'm getting, primarily from Donald Trump himself, of the steadily increasing irrelevancy of his candidacy, is consistent with what this former Super PAC communications director is now saying. I now doubt that he would run a campaign independent of the...

While I don't agree, in general, with with the idea you express that 'Crashes and depressions are the only viable way to rid the world of the long unsustainable debt which prevents economic growth,' because it draws a too broad brush and is too general in my opinion. I do, nevertheless, agree...

The quote above is what makes me chuckle. The ECB does have a much more difficult problem on their hands than the U.S. Fed, I'll give you that, because they don't have a well integrated monetary system, e.g., they lack a Eurobond, and for other reasons. Yes, Banks do make mistakes from time to...

I would have thought Trump might be in some danger until recently. Has anyone besides me noticed that he seems to be becoming irrelevant despite all the attention he brought on himself early in the primary campaign. It's quite odd. If this trend continues, he may be totally irrelevant by the...

If you don't have that remote island, may I suggest digging a very deep hole in your backyard, selling all your assets for cash, converting the cash into gold, ammo, guns, canned food and water, and moving into the hole until zdreg gives you the all clear sign.

It may have been because the average trader hasn't a clue about central bank operations. Remember the endless posts predicting hyperinflation when the Fed announced QE?

Opps! I made a major error in my post above. "Supply side" in my sentence above that I have quoted should be "demand side". I don't know how I could have made such an egregious error, getting old I guess. The sentence should read: If Sanders is elected, the economy will get a huge shot in...

If anyone is an expert on recognizing a "POS", you certainly would be.

The people Sanders is talking about here don't pay net income taxes. They pay local sales taxes and payroll social security and medicare taxes. Bernie wants an honest economy where you and I can stop subsidizing Walmart and MacDonald's labor force. He wants these low wages workers to make...

Agreed, assuming the "we" here is the Western Countries today. Keynes at Versailles said the allies were making a grave mistake. We know now that he was right! A lesson was learned, and the mistakes made at Versailles were not repeated after WW II.

www.youtube.com/watch?v=iPQuFqnXY98

Your post is coded on so many levels I'm not sure if it is serious , or sarcasm, or neither, or both. It definitely made me think. And here is what I thought. Francis, the neighbor's thoroughly delightful dog, and I agree that it is too darn hot around these parts during the "dog days" of...

Trump continues to amaze with his stupidity. If by some miracle he should walk away with the nomination he is going to need all these people he has alienated. Normally, in politics, people will forget the insults after the convention. Not this time. Gore Vidal said conventional wisdom is...

He's pandering.