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F-35 - the ultimate money killing weapon
Do USA really needs the F-35 super-fighter-jet? Absolutely no. It is an instance of foolishness and wasting money. It is a symbol of the upcoming bankruptcy of USA.
Let me tell you an interesting story. The best tank during the WW2 was the German "Tiger". But the war was won by one of the worst tanks - the Russian T-34. Why?
Cancel the "penny", prepare for the "dollar"
The news that the penny coin costs about 12 pennies for manufacturing is not a question of cancelling the penny itself. It is a question of awakening and changing the government monetary policy. It simply means that not only the penny is devaluing, but also the dollar, the savings, the value of our job. And that is the real problem.
Read more...Surrealistic tax-ideas speed up in EU
There is an economic test with a market with only 2 companies. They both sell their product at $100 per piece. Every company has a 50% market share. At one moment one of the companies reduces the price to $99 per piece. The other keeps its price at $100. What do you think happens? May be the second company is losing 1% of its market share and becomes 49%, while the other gets to 51%? Absolutely no. In fact the second company is losing all its market share, because all the customers are moving to the first, thanks to 1% lower price. That is the real economy.
Read more...It's the economy, stupid... And Socialism is never good for the economy...
More redistribution, less new production - this the meaning of the Obama's speech on economy, during State of the Union address. More taxes, more spending on government programs and an increase in the minimum salary - it is just like we were hearing a trade union leader from Europe.
Read more...Egypt obviously needs a new Mubarak
An interesting development in Egypt is happening since the fall of the former dictator Hosni Mubarak. The country is de facto collapsing due to deepening economic crisis driven mostly by political instability and unrest. The last info of increasing inflation and devaluing currency is just another stroke on the picture of the constant economic crash that is making the country poorer and poorer, additionally destabilizing it.
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