Social media companies exist to provide platforms for public discourse. The platform itself has presumably been neutral. They are now being used to influence politics. Social media has brought about a revolution in personal communication, where the people become the media and report and share on whatever they choose. On its face, this sure seems […]
Taiwan and South Korea were barely touched by COVID-19 compared to the U.S., their shutdowns were less severe, and the pandemic is long gone. They are still afraid though. As we continue to speculate on how the economic recovery from the effects of the COVID-19 pandemic and the quarantine we put in place to try […]
Hedge fund manager Ray Dalio has shown he’s pretty good at saving money with the $14 billion that he’s saved up so far. He has some tips for those who want to do better at this. Ray Dalio stands as one of the most successful savers of all time. While there are people who have […]
The protests surrounding the killing of George Floyd continue with no end in sight. While the damage has been contained so far, the lack of an effective response is concerning. There is a special trust that we convey upon our peace officers, where we give them greater powers than civilians have, arming them and allowing […]
The high death toll that we’ve seen in nursing homes from COVID-19 has shocked people, but this goes on every year. This time around, people have really taken notice. Nursing home residents only represent 0.4% of the American population, but they have accounted for 40% of deaths attributed to the COVID-19 pandemic. While a large […]
The pandemic has hit retailers particularly hard, and this is a sector that was already in considerable distress. Macy’s seems to be doing their best to survive, but don’t get too excited. Before we decided not to allow retail stores to remain open due to fears of the COVID-19 pandemic, the retail sector was already […]
We’ve always had media censorship, but we always could rely on social media to show us what we haven’t been allowed to see elsewhere. Times are really changing. Censorship has always been a big issue with popular media, but social media brought about a revolution where we could now see all the sorts of views […]
Hertz has been renting cars for over a century and started out with a dozen Model T’s in 1918. They have flourished through a lot of crises, but were no match for an economic shutdown. Hertz has had a dominant position in the rent-a-car business for a century, from the time they started out with […]
Eight times a year, the U.S. Federal Reserve provides a summary of the economy around the country, called the Beige Book. Their latest observations are now in. The Fed is best known for its open market committee meetings throughout the year, and they also make the news from time to time when they make significant […]
Economist David Rosenberg might be the king of the bears, predicting recessions and bear markets year after year without fail. He is painting a very grim picture now. Earlier this year, before all of this current crisis emerged, we ran an article on the bearish views of economist David Rosenberg of Rosenberg Research, a new […]