Israel Versus The Market - Who Will Win?
- Category: Housing
- Hits: 2567
User Rating: 5 / 5
The housing market in Israel is a tad… how should we put it? Exuberant? Irrational? Noooo says the government, at least not according to the article printed by the newspaper Yediot Aharonot. The housing market in Israel is just… in a trend up… yes… that's it. It's just trending up. Nothing to worry about folks, nothing to see here, just a housing market trending up, and up and up.…
The Suspense Is Electrifying
- Category: Government Debt
- Hits: 1914
User Rating: 5 / 5
Israel is in deep manure (as in caca). No, it's not yet another intifada uprising or massive terrorist attacks nor is it an invasion from their Arab neighbors; it is their own politico–economic stupidity. The newspaper Yediot Aharonot has been reporting on this progress (if you can call it progress) for quite some time now.
In 1923 the Palestine Electric Company was created. Its goal was to supply, distribute and sell…
The USSR Strikes Again - Part 2 of 2
- Category: War
- Hits: 1921
User Rating: 0 / 5
WESTERN REACTION
Here is where the chess game gets interesting.
- Putin has the EU by the energy testicles with Russian exports of oil but particularly natural gas.
- None of the moves that Putin is planning will be violent enough to merit NATO's military action.
- None of the economic sanctions against Russia are workable because most of the sanctioning countries depend on Russian raw materials.
- Russian economy does not need…
The USSR Strikes Again - Part 1 of 2
- Category: War
- Hits: 1953
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Well… sort of. Russia annexed Crimea and the world as we know it is coming to an end. Well… not yet. Let's take the time to analyze this properly.
THE PLAN
Let's begin by stating that Putin (the Russian czar) is ex–KGB. This means that he is as cold–blooded as it gets. It also means that he is a strategic thinker more than a tactical one (i.e. longer term…
Water Wars In India
- Category: Government
- Hits: 1935
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The article titled "The adverse effects of free electricity" published by the French newspaper Le Monde, highlights yet another massive mis-allocation of resources, to be thanked to the usual suspect: the government.
Summary: up to the 70's India was not self-sufficient in terms of farm products. During the 70's local governments subventioned electricity in the name of development (i.e. political gains). Effect? Most farmers bought electric water pumps to…
Financial Gambling Is Alive And Well In Turkey
- Category: Central Banks
- Hits: 12033
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A few days back the Turkish newspaper Hurriyet published the article "Direct investment of 1.2 billion dollars a month" where it indicates that in January or this year there was an international capital inflow to Turkey of $ 707 million USD.
This is nothing interesting by itself; what is interesting is the segmentation of this investment:
Financial 59%
Manufacturing 39%
Energy 5%
In other words, about $ 411…
The Great Chinese Threat
- Category: China
- Hits: 2075
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We wanted to take this challenge head–on. People in the West are deeply afraid of the increasingly hostile and bellicose stance that China is taking against many countries. It would seem that somehow we know we need to stand guard against the gigantic Chinese military–driven aggression that is being unleashed on the West. We know so.
Funny isn't it how things get distorted when somebody expresses the truth but…
Back To The Future
- Category: Libertarianism
- Hits: 31518
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Some people who bother reading this site believe that we are:
a) A bunch of deranged lunatics but quite entertaining
b) A bunch of deranged lunatics talking about Utopia but yet, quite entertaining
As usual, there is some truth to it but not much. We are, in a matter of speaking, slightly deranged. We have to be to spend all this time and effort speaking about a topic so foreign…
Driving is a right, not a privilege!
- Category: Government
- Hits: 1725
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Getting a driver's License is a rite of passage to adulthood for many teenagers. It's a big thing. Being able to drive a car represents independence and power; it represents trust. In essence the whole affair seems overly simple. Get the teenager to learn how to drive and set him/her free. Simple right? Well… no. Let's analyze the typical steps required to reach this point in the current system:…
