I’m seeing dozens, maybe hundreds of these stories, all across Medium and other sites that the US economy is “on the verge of collapse.”
It’s not happening. It’s changing, yes, but collapse is such a strong word, and not at all accurate.
Let’s look at the reasons people are giving first.
All this stimulus money is being drawn out of an inkwell, the influx of ‘funny money will break everything!
First off, not just the U.S., but the entire world runs of what’s called “Fiat Currency”. I could give a long run down on what it is, but the short…
Occasionally, you’ll hear stories of people trying to escape capitalism. Regardless of where you are on the spectrum between a lifelong Lennon fan or a hyper-dedicated Libertarian, you wouldn’t disagree that people should at least have the choice to leave capitalism. (One of the most famous Libertarian quotes is “Capitalism doesn’t hold a gun to your head”, even if there are plenty of historical precedents of capitalism holding guns to various people’s heads.)
I got my first taste of leaving capitalism a bit over a decade ago while pursuing my post-graduate degree. …
“If you can’t be a good example, then you’ll just have to be a horrible warning.”
~ Catherine Aird
When Trump took office, we got a simple warning from the multinational non-profit that keeps its eye firmly on the future of humanity and life, Greenpeace, that was as such, “Resist”.
The organization and Liberals (and I’m not talking centrists) immediately recognized the warning signs of a would-be dictator. …
There’s a global pandemic around, that is causing people to cower in their their homes, and this is considered one of the worst things that has happened to the world in a long time.
However, many people have had other struggles that coincided with this. For some, it was losing their job. For others, it was delayed income. For others, family tragedies shook their family.
Me, I had the additional struggle of transitioning during this time period. Having discovered I was assigned the wrong gender at birth, this year has been spent traversing into the realm of womanhood. …
Fiat currency, Gold standard, trickled down economics, supply-side economics, GDP, and so much more, in terms of actually monetary knowledge, mean absolutely nothing. Money, as most people think of it, doesn’t exist, and what people should be watching in regards to economy is almost never watched.
Mistake #1: Thinking money has value.
“Of course money has value, I can buy stuff with it.” would be a response I might expect someone to make, to which the obvious answer is, “Yes, of course you can.” However, the catch there is I can also trade gold for something, I can trade my…
Sometimes, a picture is worth a thousand words. So just take a moment to absorb the image above, which came from https://research.stlouisfed.org/publications/economic-synopses/2018/09/14/married-men-sit-atop-the-wage-ladder.
This is research from the Federal Reserve of St. Louse which did something not done before… separated wages into married and unmarried. It’s worth noting that unmarried men and women make the same amount (and married women are unlikely to be the dedicated earners in the family: https://www.bls.gov/news.release/famee.nr0.htm ) There is only a 3.5% likliness that a working woman will have a househusband, but a 47% chance a working man will have a housewife. (https://nation.time.com/2013/09/18/study-house-husbands-more-common-than-ever/ and https://www.bls.gov/opub/ted/2016/husband-and-wife-employed-in-48-percent-of-married-couple-families-in-2015.htm )
Many management courses speak of the range of programming results that can come from a developer, with measurements used finding that the range can extend some developers to being up to as much as 10x as productive as their peers.
This has causes many hiring managers to seek in their hiring process the elusive “10x programmer”.
There’s a catch though. Studies have found that the programmer’s productivity is not tied to the programmer. …
We’ve all seen articles, and stories of the following kind:
“What do top performers have in common?”
“Top CEOs all follow this one simple trick.”
“X practice is the best, and used by all famous…”
When I see those articles, my first response is always to shake my head. As someone who has literally been couch-surfing-poor and now owns my own Yacht, multiple IPs, and more, following the examples of those who have ‘made it’ is the worst advice that can be possibly made.
The reason for this is simple:
This means that whatever you do, you’re going to be…
I could give it to you in the first sentence, but I like a little build up, so bear with me. (If you’re the “Skip to the good part” kind of person, just scroll down to the last big quote text. Although you might find it silly if you don’t see the ‘why’ behind it, at which point, if you don’t take it seriously, you won’t get the superpower… but the choice is yours.)
In motivational courses, there’s a saying, “Shoot for the moon. Even if you miss, you’ll end up among the stars.”
In marketing, there’s a saying, “Your…
Some of you may have heard awhile ago on KickStarter about one project, that although wildly funded, and a project that made headlines, a project that was never delivered on its backer requests: The LiftPort Space Elevator project. I was hired on with LiftPort as IT after the famous/infamous KickStarter attempt. And I won’t be speaking to a lot of stuff about what happened at LiftPort due to NDAs that I’m still under. …
Politics: [Glasdog (Geo-Libertarian Anarcho-Socialist for Directly Organized Governance)] Gender: [Bigendered] Sexuality: [Bisexual] Religious views: [Neophist]