Category Archives: The economy

“Peak Oil Demand is Coming Soon!”

In the 1980s, I spent weeks at a time covering Opec meetings in fancy hotels in Geneva and Vienna at which ministers — including the then-famed Zaki Yamani of Saudi Arabia and the immediate post-revolutionary Iranians — debated how to … Continue reading

Posted in Oil, Policy, Politics, The economy, TTG | 34 Comments

The 2024 federal fiscal year ended. $35.46 trillion in debt. A $1.83 trillion deficit. $1.13 trillion in gross interest payments. The presidential candidates are silent.

By Robert Willmann Like Mother Nature, mathematics is impartial. The financial or fiscal year of the U.S. government starts on 1 October and ends on 30 September of the following year, with its name being the year of the last … Continue reading

Posted in Administration, Current Affairs, government, Policy, Politics, The economy | Tagged , | 9 Comments

“China has the US drone industry by the components (balls)”

The United States has long been at the forefront of technological innovation, but one key sector where the U.S. lags significantly behind is in the drone industry. Currently, China’s DJI dominates the consumer and professional drone market, owning as much … Continue reading

Posted in China, Technology, The economy, TTG | 42 Comments

“Without immigrants, America’s job growth would have stalled”

Beth Casella’s family has been making things out of metal in Dayton, Ohio, for more than half a century. FC Industries — the company started by her grandfather, Frank — has grown into an $85 million local manufacturing business, churning … Continue reading

Posted in Current Affairs, government, Policy, Politics, The economy, TTG | 91 Comments

Barbara Ann on The Great Taking

Note: This is a guest post from our very own Barbara Ann. This post (my first, and depending on how it goes maybe my last) concerns the Great Taking (GT) The Great Taking is a term coined by a guy … Continue reading

Posted in The economy | 78 Comments

The Baltimore Key Bridge Collapse

At the suggestion of Keith Harbaugh, here’s a post on the collapse of the Francis Scott Key bridge in Baltimore. Keith provided a YouTube playlist with several good videos. I’ve watched the 50 minute video of Sal Mercogliano and John … Continue reading

Posted in Current Affairs, The economy, TTG | 36 Comments

Russian government proposes ban on grain exports 

MOSCOW, Nov 28 (Reuters) – Russia might impose a ban on grain exports if their stocks fall to 10 million tons, Izvestia daily reported on Tuesday, citing a government document. The government working group on non-tariff measures in foreign trade … Continue reading

Posted in Russia, The economy, TTG | 58 Comments

A bloodsucking parasite

“I think the problem that we’ve had is that people decided they didn’t really want to work so much anymore through COVID and that has had a massive issue on productivity. Tradies have definitely pulled back on productivity. They have … Continue reading

Posted in History, The economy, TTG | 16 Comments

A wall of BRICS

Johannesburg, South Africa – The BRICS bloc of top emerging economies have taken a major step in expanding its reach and influence with the announcement that six more nations have been invited join as new members. Argentina, Egypt, Ethiopia, Iran, … Continue reading

Posted in China, The economy, TTG | 79 Comments

“Europe is now stuck with a huge stockpile of natural gas after hoarding it last year for a brutal winter that never came” – TTG

Europe got lucky — it managed to avert an energy crisis, all thanks to a warm winter. But it has another problem. Countries in the region hoarded so much natural gas at higher prices that it’s now stuck with stockpiles … Continue reading

Posted in Russia, The economy, TTG, Ukraine Crisis | 77 Comments