by Caleb Jones | Feb 8, 2016 | Economics
As you are hopefully aware, the US economy is in a bubble. Bonds, real estate, college tuitions and loans, the stock market, just about everything right now is overpriced and ready to pop. Strangely, most of the rest of the developed world is even worse. Japan’s...
by Caleb Jones | May 27, 2015 | Economics
As of first quarter 2015, there is one new billionaire created in China every week. And this is during China’s “slowdown”(!). Absolutely mind blowing. The rise of the East continues… Want over 35 hours of how-to podcasts on how to improve your...
by Caleb Jones | Jan 10, 2015 | Economics
Watch the above video. The reason we have massive income inquality is becaues goverment prints trillions of dollars, the super-rich benefit from this money first (before it devalues), get richer, and then the middle class and poor become poorer. The reason we...
by Caleb Jones | Dec 17, 2014 | Economics
Well, it’s finally happened. If adjusted for purchasing power parity (PPP), China is now the world’s largest economy, making the United States number two for the first time in 142 years. If you put the currency of both countries on level footing,...
by Caleb Jones | Jun 8, 2014 | Economics
Recently I was listening to a radio show where they were reporting on Jennifer Anniston’s recent remodel of her house. She and her husband were doing things like relocating entire stairways, adding on multiple wings, etc. The entire cost of this little remodel...
by Caleb Jones | Feb 2, 2014 | Economics
The latest thing everyone is supposed to be mad about is billionaire venture capitalist Tom Perkins comparing the demonization of the 1% to the that of the Jews in Nazi Germany. In the last week everyone on the internet has been freaking out about this. People who...
