People often pile into tech stocks after the bubble has broken, but they don’t know that it has burst.
The old expression “high-tech, big wreck” is going to become very obvious in the future. Most tech companies have to constantly raise lots and lots of money. They’re science projects. Most of them are burning matches—very much like mining exploration stocks. How many are going to be the next Amazon or Facebook? Most of them […]
Start looking for demographic and behavioral trends. Are there certain age groups, genders, or people from specific locations that do business with you? If you’re a B2B company, are there industries you work with often, or are your point-people in a particular department, or do they hold a specific job title? The easiest way to […]
Capitalism is the economic system that develops insofar as people are free to exercise their right to life and choose to exercise it.
Freedom means the absence of the initiation of physical force. Physical force means injuring, damaging, or otherwise physically doing something to or with the person or property of another against his will. The initiation of physical force means starting the process — that is, being the first to use physical force. The existence of freedom […]
Commit to doing something you love so much you’ll probably never even want to retire? Once you understand yourself, decide what you want and take action towards your goal every day, you can transform your life in ways you can’t even begin to imagine. Have you ever wondered why some people achieve their goals while […]
Coronavirus has long been known to virologists. It’s a seasonal virus that mutates somewhat each year. In the past, it’s routinely been dealt with through treatments that are both cheap and plentiful. And yet, somehow, the release of corona in its latest mutation has been co-opted to justify a social and economic shutdown in over […]
The single-person Aerial A1 is designed to give campers the option of sleeping away from the ground, and the cold, damp nights tossing and turning over rocks and branches that can go with it.
Here is the absurd part. The Fed is pushing for fiscal stimulus, saying it’s done its part with monetary stimulus. But at the end of the day, it’s all one and the same, because all deficits are being monetized, regardless. It’s a Ponzi scheme.
It doesn’t really matter. You can create a fiscal stimulus plan for another five trillion dollars, but you’re going to monetize that immediately, so it’s all about printing money. And by doing so, you destroy your currency just like every other great power throughout history.