From the trenches as a employer the economy is going to continue shrinking as long as American's are paid to stay home, or for that manner to work from home.
As the owner of a popular food franchise hiring young people or for that matter any age person is increasingly difficult. The idea $15 minimum wage is the solution, is laughable in that we've paid $15 all along, and more for day shift. Young people don't think past next week, when they have enough money for the week and the next the excuses start to pile up. Covid has been a boon to the employee seeking time off with no consequences.
We're currently selling one location, the business broker has learned all our competitors are either selling or liquidating. They're using FB market place or Craigslist. God help them, there's an unending stream of want to be business owners to waste time with.
I'm thinking besides gold it might pay to purchase some freeze dried meals, say 6 months worth. If food becomes a problem the bark will be gnawed off all the trees by then and most of the population will have perished or eaten each other.
Some hope, with food Americans eat too much, and too often. One well balanced meal a day is all anyone needs.
Russia's invasion was clearly provoked. 8 years of civilians dying in Donbass accompanied by troop build ups along the line of control and ever increasing shipments of weapons from the USA combine with a failure to implement the Minsk accords was a powder keg just waiting to explode. The US could have reigned in Kiev but chose to use them as cannon fodder. Biden cheered as the ruble imploded only to see its value rebound in less than a month. The idiots running the show in the US seem to have zero understanding of Russian history and culture. Their most important holiday celebrates the end of WW2 whereas the Americans have long forgotten it. Their ability to endure pain and thrive is unparalleled.
The best way to combat stagflation is to reduce the value of the top global currencies and create one unified global dollar in response to this crisis.
Get the media to advertise it as a global crisis like the Covid pandemic, and add all kinds of repercussions like national security issues, global terrorism, use Russia as an example and convince the masses that a “unified one global currency” is the best way to stop global inflation and prevent further casualties.
Show a few photos and videos of starving children across the world and pin it on inflation and war, I’m sure it’s been done before. The ravishing effects of war and inflation on global currencies and world populations.
This should really touch the masses and create civil support and an immediate sense of urgency to monetize the system into one major currency.
Besides, it also brings people together from all walks of life, culturally and harmoniously on a worldwide scale. Who wouldn’t want that?
This WAS provoked by the latest of America treaty-breaking, that which goes back 400 years. We have an unimaginably bad reputation as an invasive, instigating nation full of anti-bilblicaly putrid behavior.
So please, be careful not to conflate in these little notes. Inflation and devaluation may look alike but are totally different animals. Let's agree that the market, right now, where it sits, is overvalued by what, 50%, 80%, pick a number? What would it look like if, rather than a traditional correction, the market stayed flat and with devaluation the currency caught up with the lack of earnings? The suggestion would be to devalue until the P/E was closer to 10 to 20. Cost of living wage would probably go to starting at around $50 or $60 per hour, tax revenues would triple and, if we could just balance the budget, well then "Bob's your uncle". In that scenario does your investment advise change? I, personally, am into hard income producing assets.
From the trenches as a employer the economy is going to continue shrinking as long as American's are paid to stay home, or for that manner to work from home.
As the owner of a popular food franchise hiring young people or for that matter any age person is increasingly difficult. The idea $15 minimum wage is the solution, is laughable in that we've paid $15 all along, and more for day shift. Young people don't think past next week, when they have enough money for the week and the next the excuses start to pile up. Covid has been a boon to the employee seeking time off with no consequences.
We're currently selling one location, the business broker has learned all our competitors are either selling or liquidating. They're using FB market place or Craigslist. God help them, there's an unending stream of want to be business owners to waste time with.
I'm thinking besides gold it might pay to purchase some freeze dried meals, say 6 months worth. If food becomes a problem the bark will be gnawed off all the trees by then and most of the population will have perished or eaten each other.
Some hope, with food Americans eat too much, and too often. One well balanced meal a day is all anyone needs.
Russia's invasion was clearly provoked. 8 years of civilians dying in Donbass accompanied by troop build ups along the line of control and ever increasing shipments of weapons from the USA combine with a failure to implement the Minsk accords was a powder keg just waiting to explode. The US could have reigned in Kiev but chose to use them as cannon fodder. Biden cheered as the ruble imploded only to see its value rebound in less than a month. The idiots running the show in the US seem to have zero understanding of Russian history and culture. Their most important holiday celebrates the end of WW2 whereas the Americans have long forgotten it. Their ability to endure pain and thrive is unparalleled.
link to BPR Portfolio is to membership application. Do I have to join again to see it?
The best way to combat stagflation is to reduce the value of the top global currencies and create one unified global dollar in response to this crisis.
Get the media to advertise it as a global crisis like the Covid pandemic, and add all kinds of repercussions like national security issues, global terrorism, use Russia as an example and convince the masses that a “unified one global currency” is the best way to stop global inflation and prevent further casualties.
Show a few photos and videos of starving children across the world and pin it on inflation and war, I’m sure it’s been done before. The ravishing effects of war and inflation on global currencies and world populations.
This should really touch the masses and create civil support and an immediate sense of urgency to monetize the system into one major currency.
Besides, it also brings people together from all walks of life, culturally and harmoniously on a worldwide scale. Who wouldn’t want that?
Hahahahaha! 😂🤣
This WAS provoked by the latest of America treaty-breaking, that which goes back 400 years. We have an unimaginably bad reputation as an invasive, instigating nation full of anti-bilblicaly putrid behavior.
So please, be careful not to conflate in these little notes. Inflation and devaluation may look alike but are totally different animals. Let's agree that the market, right now, where it sits, is overvalued by what, 50%, 80%, pick a number? What would it look like if, rather than a traditional correction, the market stayed flat and with devaluation the currency caught up with the lack of earnings? The suggestion would be to devalue until the P/E was closer to 10 to 20. Cost of living wage would probably go to starting at around $50 or $60 per hour, tax revenues would triple and, if we could just balance the budget, well then "Bob's your uncle". In that scenario does your investment advise change? I, personally, am into hard income producing assets.