Subscribe

Of Two Minds

OfTwoMinds

Deglobalization Is Inflationary

August 15, 2022

Price cutting is being replaced with price gouging, a substitution that consumers recognize as inflation.. Globalization was deflationary, Deglobalization is inflationary. The entire point of globalization is to 1) lower costs as a means of maximizing profits and 2) find markets for surplus domestic production.

VIEW POST

A Tale of Two Recessions: One Excellent, One Tumultuous

August 11, 2022

Events may show that there are no winners, only survivors and those who failed to adapt. Some recessions are brief, necessary cleansings in which extremes of leverage and speculation are unwound via painful defaults, reductions of risk and bear markets.

VIEW POST

A Most Peculiar Recession

August 10, 2022

So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions–those in 1973-74 and 1980-82. Recessions since then have been shorter and less systemic.

VIEW POST

Are Older Workers Propping Up the U.S. Economy?

August 8, 2022

Are 55 and older workers propping up the U.S. economy? The data is rather persuasive that the answer is yes. The chart of U.S. employment ages 25 to 54 years of age and 55 and older reveals a startling change. There are now 20 million more 55+ employed than there were in 2000, an equivalent of the entire workforce of Spain.

VIEW POST

Rather Than Focus on What You Don’t Control ("The News"), Focus on What You Do Control: What You Grow, Eat and Own

August 5, 2022

Now that globalization and financialization are finally unraveling, people are slowly awakening to the national security foundations of localizing production. What exactly is “the news” other than an inducement to passivity, despair and derangement?

VIEW POST

China at the Crossroads

August 3, 2022

Watch where capital is flowing. That’s pretty much all you need to know to predict the future. The word “China” evokes strong emotions, so let’s set it aside in favor of a simple syllogism:

VIEW POST

Contributors

mark_cartoon

Mark E. Jeftovic

Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture. 

jesse_cartoon

Jesse Hirsh

Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.

charles_comic

Charles Hugh Smith

Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.