General Contractor
Contributor's Links: Advancing Time

Bruce Wilds is a general contractor that owns real estate in the Midwest, his holdings include apartments and office complexes. He is anchored to reality and the economy as he maintains, designs, and leases buildings. This has made him keenly aware of rapidly changing lifestyles, this blog ... more


Economic Evolution Turns Many Comparisons Obsolete
With time, things change and evolve. This transformation can be seen in both society and the economy. A question we must ask is just how relevant today's comparisons are with prior economic cycles?
Tesla, Revisiting The Issue Of What It's Worth
With over 100 different electric cars expected to hit the market by 2025, it is difficult for a realist to envision Tesla being able to remain in the position it is today.
Japan's Economy Is Again Struggling
Not only is Japan again struggling to stay out of recession, but it also faces a wall of debt that can only be addressed by printing more money and debasing its currency.
The Problem With Helicopter Money Is That It Is Inefficient
The term helicopter money refers to unconventional methods used to get money into the hands of people that will rapidly put it to use. Whether to buy products or pay bills it is often seen as a way to kick start a stalled economy in need of a boost.
Yellen's LaLa Land Prediction Of Full Employment
I contend that Yellen is dead wrong when she promotes this so-called relief package as capable of making a huge difference in the job market.
The Glory Of Going Viral - A Fraud Promoted By Big Tech
Nestled somewhere between collecting followers and buying hits is the fraud promoted by big tech that you could go viral. To many people, the idea of instant fame and fortune is akin to winning the lottery.


Latest Comments
The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises
3 months ago

I expect the long-term strain put upon the government to outweigh most of the short-term economic gains flowing from this spending.

ECB Analysis: Why Lagarde’s Short-Term Fix Is Lose-Lose For The Euro
3 months ago

The EU has major problems and I see the euro as very overvalued. Due to the fact, none of the four major currencies are anything to brag about, predictions of the dollar's demise are likely premature and overblown. When you consider just how destabilizing currency swings can be it is easy to see how a strong dollar could obliterate the global economy. It should not be a surprise in our current situation that behind the curtain central bankers could be busy manipulating currencies so they trade in a narrow range that will not rock the boat. More on this subject in the article below.

In this article: FXE, UUP
The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises
3 months ago

The recently passed 1.9 trillion dollar relief package will simply allow people and governments to take on more debt. While helicopter money may accomplish a certain goal such as supporting a market, it is poorly targeted and seldom addresses the root problems in a financial system or economy. The following article argues it is a poor way to move an economy forward.

Yellen’s “Go Big” MMT Plan May Disappoint
3 months ago

This 1.9 trillion dollar package will do little to solve America's problems. The term helicopter money refers to unconventional methods used to get money into the hands of people that will rapidly put it to use. While helicopter money may accomplish a certain goal such as supporting a market, it is poorly targeted and seldom addresses the root problems in a financial system or economy. The article below argues it is a poor way to move an economy forward.

Is This Why Tesla Just Plunged?
4 months ago

It could be Tesla's massive overvaluation is finally catching up to it. The idea Electric vehicles are less damaging to the environment has been broadly accepted by many people as fact. It is possible people are beginning to question all this hype.

The notion EVs are good for the planet is a key factor for many of those deciding to buy an electric car. The article below argues they are, mostly not, in fact, they have the potential to cause more harm than good.

In this article: TSLA
Can Joe Biden ‘Heal’ The United States?
6 months ago

When it comes to the election, a great number of people are angry and pissed off over various issues. Some Americans are hanging on to the hope that Trump may still prevail. Expect a huge spike in emotions when the reality hits those that are wrong. The article below focuses on this subject.

The Shocking Growth In America's National Deficit
7 months ago

It is well worth your time to explore the National Debt Clock by clicking on the line below the image. In the upper right area of the clock is a "time machine" that allows you to travel back and compare how these figures have changed.

US GDP Analysis: No V-Shaped Recovery Despite 33.1% Leap, COVID Looms Over Markets
7 months ago

Nobody predicted anything like our current economic situation. As money continues to be created out of thin air we are witnessing bailouts and crony capitalism on full display. Another factor playing into this circus is both Presidential candidates are engaged in a full-court press to buy the votes of Americans. The article below makes the case our "bizarre economy" is an illusion based on spending.

A Dismantled Post Office Destroys More Than Mail Service
10 months ago

For over ten years the GAO has designated the USPS as "high-risk." This term is used to describe an agency or department that is vulnerable to waste, mismanagement, and in need of reform. This is why the GAO has called on Congress to reevaluate all aspects of the Postal Service's operations.

To be clear, this is an institution that cannot even bring itself to drop Saturday delivery. With this in mind, how can we expect it to look at more radical changes? The current issue before us extends far past mail-in voting. More on this subject below.

The Difference Between Good Economics And Bad
10 months ago

It is only massive and unsustainable deficit spending that continues driving our economy forward. The bottom-line is that we are in the midst of a "false economy" and it is only by the grace of this huge deficit spending that we are not languishing at the bottom of a deep economic pit.

Today late cycle indicators are on the rise, moderating growth, tightening credit, declining earnings, the peak of consumer confidence, rising inflation and more. Deficit spending is not a silver bullet without consequences and with each step forward we get closer to the end of the road.

This is why investors would be wise not to accept America's recent GDP as verification the economy is hitting on all cylinders. The article below argues government spending is a poor substitute for the free market in allocating capital to where it is most effective and it is not economic growth but simply a method of borrowing from the future.

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EADSY Airbus Group
EWJ iShares MSCI Japan Index Fund
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FXE Euro Currency Trust
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GIM Templeton Global Income Fund Inc.
GLQ Clough Global Equity Fund
GOOG Alphabet Inc. (Google)
GOOGL Google (A shares)
GREK Global X MSCI Greece
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MATIX Mainstay Epoch U.S. All Cap Fd Class I
MGWAX Members Large Cap Value Fund Class A
MNDIX Mfs Series Trust I-Mfs New Discovery Fd Class I
MSFT Microsoft Corporation
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NFLX Netflix Inc.
PIPAX Pimco International Stockplus Tr Strategy Cl A
PSLV Sprott Physical Silver Trust ET
QQQ PowerShares QQQ Trust Series 1
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SIVR ETFS Silver Trust
SLV iShares Silver Trust
TBT ProShares UltraShort Lehman 20+ Year Treasury ETF
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TMSR Thrustmaster Inc
TMV Daily 20 Year Plus Treasury Bear 3x Shares
WMT Wal-Mart Stores Inc.
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Latest Posts
Building A False Economy On Hope And Printing Money
When we look back over the wreckage brought upon certain sectors of our economy during the last year and the policies governments are now embracing we should feel a sense of dread and apprehension for the long-term health of our culture.
Modern Slavery And The Ugly Tale Of Human Trafficking
"Human trafficking" is the modern polite term for slavery and involves the trade of humans for forced labor, sexual slavery, or commercial sexual exploitation. Slavery continues in many forms and even flourishes in many parts of the world. More below
The Mind Of The Common Millionaire Is Worth Studying
It is difficult to reconcile the fact that 60% of the millennials surveyed say they believe they will be wealthy "within 1 to 10 years" considering that 59% of those in this age group said they still live paycheck to paycheck.
True Price Discovery And Valuations Key To Free Markets
Central banks and governments have been intervening in the markets, strengthening the argument that true price discovery has been distorted. Proper pricing assets are the bedrock of free markets.
Fed's Chief Concerned May Be Dollar Creating Instability
Following Friday's strong job report nobody is talking about raising interest rates or how this may be inflationary. Powell may be trying to navigate a course that doesn't cause the dollar to strengthen to where it devastates emerging markets.
The Signs Of Economic Stagnation Are On The Rise
The economy has been driven for years by deficit spending and credit expansion. Soon the lift from credit and low-interest rates will have run its course, then even massive government spending will become ineffective at creating economic momentum.
The "Trump Economy" Is A Mirage Based On Spending
The "Trump Economy" is greatly ignoring many of the structural issues that haunt America. These far outweigh the benefits of lower taxes. We must also face the fact that deficit spending can only take the economy so far and carry many negatives.
Bonds As An Investment Have A Very Ugly Side
After a nearly four-decade run people forget that bonds have a ugly side that can yield great pain. Today's low yields may be part of a greater conundrum created by too much freshly printed money floating around and people need someplace to stash it.

Work Experience



Advancing time
Bruce Wilds
E-BookTime, LLC

Advancing time focuses on how the ever quickening pace of change impacts today's society and the massive challenges it creates. Never before has our world changed so rapidly, it is crucial we understand that we are living in a unique era the likes never before experienced by past generations. History viewed in the framework of mans time on earth forms the crux of this somewhat radical perspective. This book journeys from the beginning of man to our current state and helps us make sense of our fast changing chaotic world. Advancing Time illuminates the responsibilities society faces. Used as a tool it clarifies the choices before mankind, guiding and giving hope to those who want to have a positive impact.