Today we investigate the terrible position that our government has put us in. We realize that there is no way out, and that our standard of living will forever be altered.

Zombie companies are going away, many of them were in San Francisco, and now even crypto is feeling the pinch in the UK. Rising bond yields are starting to have an effect on AI and high flying stocks which has banks worried about liquidity. In the backdrop of this environment is the American worker which is demanding higher wages.

Today we explore the weights that America has imposed on its once great economy.

Looking Backwards, we examine the faulty economics of the EV agenda, how de-dollarization is starting in the energy industry, and how renting is a much better option than buying in 2023 America.

Looking Forwards, we discuss how China is pushing back against American chip boycotts with their own export boycott of certain raw materials needed for semiconductors and solar panels. We also examine the decaying state of American education.

Today we discuss how the unions are striking the automakers because worker/executive compensation has gotten ridiculous. We see both sides of the argument and both make sense. We compare union autoworkers to Tesla's non union wages and we discuss another strike the Sag-AFTRA. It seems everywhere we look there is an unequal distribution of earnings and workers have had enough.

This week we discuss the Nex Mexico governor trying to take the people's guns. They people weren't having any of that. Joe biden is building a road from India to Europe, but there is no plan and no mention of how to pay for it. NYC shuts down AirBnbs in a big way. A Minnesota woman is crying the blues. Americans are starting to have their spending cut off at the banks. Calpers has a new financial leader which is good considering their pensions are 72% funded, gas prices hit a seasonal record, and the University of West Virginia slashes programs to combat a budget deficit.

Today we look to Henry Ford as a example of how to solve some of our problems today: productivity and Fordism.

Today we talk about Biden cancelling leases and restricting oil drilling in the US and how this is affecting the price at the pump for consumers. We notice the earthquake in Morocco and how regional banks are still vulnerable to commercial real estate. Finally we discuss how wind power continues to not work and how it is affecting the prices of utility companies.

Today we look at American arrogance and how it leaves it vulnerable to unwanted complications: foreign, financial, and domestic.

#bonds #inflation #China #Nvidia #STD

The labor market is tightening and making up stats on their surveys not census numbers as I mistakenly said. Trouble for Disney and Nascar as woke policies are plaguing those companies. We also review what has happened in the week of octogenarians in politics as well as catch up on the Kansas newspaper case where the getapo like raids took place. Lastly, we see that some parents are pushing back on cell phone culture for kids, and we applaud thier efforts. #Bidenisold #Kansasgestapo #nocellphones