Entries by Neland Nobel

The Inherent Contradictions of Socialism

Estimated Reading Time: 6 minutes

Forecasting the economy is always difficult, but the number of external and internal variables associated with this business cycle is unusually complex. Forces of recovery from lockdown and gigantic fiscal and monetary stimulation are colliding with record-high debt, overvaluation in many markets, and severe inflationary pressures that must be dealt with. If that is not enough, […]

The Green Con Job on Energy Independence: Their Dream is Our Nightmare

Estimated Reading Time: 5 minutes

If there is one thing we can expect from the Green Movement is that it will do its best to mislead the public with very clever public relations. But a lie is a lie, even if cleverly told. This has manifested itself in two ways rather recently. First, they continue to claim that “renewables” specifically […]

Peggy Noonan and The Republican Future

Estimated Reading Time: 4 minutes

Peggy Noonan, a former Reagan speechwriter and editorial columnist for the Wall Street Journal, represents in many ways, the pre-Trump Republican Party. As such, she has made it quite clear she resents the Trumpetarian upstarts that have influenced the party and yearns for the good old days of losing with what she finds to be […]

The Tragic Kingdom

Estimated Reading Time: 4 minutes

One of my fondest memories of childhood in the 1950s was being allowed by our parents to eat dinner in the living room while watching Walt Disney on Sunday night. Among the most memorable was the Davy Crockett series starring Fess Parker. I had a Davy Crockett rifle, pistol, jacket, and of course, the coonskin […]

Biden is Undermining Dollar Hegemony

Estimated Reading Time: 7 minutes

Not long ago, I was talking about recent financial events related to an article I penned in The Prickly Pear with a small gathering of people, who are generally quite knowledgeable about money. A few got completely lost when discussing the dollar and its “reserve status”. It seems when one starts talking about the Bretton-Woods […]

If You Don’t Know What a Woman Is, You Are Disqualified

Estimated Reading Time: 5 minutes

Under questioning from Senator Marsha Blackburn from Tennessee, Supreme Court nominee Ketanji Brown Jackson said she could not define what a woman is because she (Ketanji Jackson) is not a biologist. This was among the most revealing of some of her muddled answers. This was obvious pandering to the Transgender Lobby and is disqualifying on […]

China’s Big Bear Market – A Silent Scream

Estimated Reading Time: 4 minutes

We have written previously about investors having a “risk-off” year as various markets have to deal with inflation, the central bank’s response to inflation, overvaluation, overindebtedness, supply chain issues, and now, the Russian invasion of Ukraine. So far this year, it indeed has turned out to be a “risk-off” event as we predicted.  It has […]

President Biden Says Putin is Responsible for Inflation

Estimated Reading Time: 2 minutes

President Joe Biden says that inflation is being caused by Putin. Despite the fact that inflation has been heating up for some time, well before the attack on Ukraine, the President repeatedly blames others for his mistakes. This lame remark made to Democrat lawmakers was welcome, of course, because it distracts as well from the […]

China’s Big Bear Market – A Silent Scream

Estimated Reading Time: 4 minutes

We have written previously about investors having a “risk-off” year as various markets have to deal with inflation, the central bank’s response to inflation, overvaluation, overindebtedness, supply chain issues, and now, the Russian invasion of Ukraine. So far this year, it indeed has turned out to be a “risk-off” event as we predicted.  It has […]

The Economic Consequences of the Russian/Ukrainian War

Estimated Reading Time: 8 minutes

The consequences are myriad. Some are quite visible while some are only now becoming evident. Some are intended, and some are unintended. Almost all of them are not good. Among the more obvious are that war destroys a lot of wealth. Don’t buy for a moment that war spending stimulates economies. The French economist Frederic Bastiat […]