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

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Like The Dance Band On The Titanic, The Band Plays On
Rather than using the bully pulpit and warnings of higher interest rates to keep government spending in check, the Fed has acted as an enabler to the crowd in Congress that loves nothing better than to send taxpayer money back to their districts.
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Markets Are Focused On The Fed And Tapering, Not Jobs
Markets are not focused on jobs as much as it is about when tapering will begin.
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Deluxe Small RV Trend Highlights Fast Growing Sector
Traveling in a small RV gives those wishing to roll across America many options and choices that are not available to most travelers. A slew of smaller coaches are now being offered which allows the owners a great deal of freedom.
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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?
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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.
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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.
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Latest Comments
China Displaces U.S. As The EU’s Largest Trade Partner
3 months ago

Going unnoticed by many people the EU is on the path of strengthening its ties to China in the hope it will spark an economic renaissance. A proposed deal in play dovetails with Beijing's "One Belt, One Road" (OBOR) initiative and follows the signing of an agreement made with Italy last year.

The elephant in the room is that the Euro-zone region simply isn't competitive. This means we should expect the EU's trade deficit to explode in the next few years further adding to its woes. More on this subject in the article below.

brucewilds.blogspot.com/.../...sk-of-becoming.html

The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises
7 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
7 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. brucewilds.blogspot.com/.../...ars-demise-are.html

In this article: FXE, UUP
The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises
7 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.

brucewilds.blogspot.com/.../...opter-money-is.html

Yellen’s “Go Big” MMT Plan May Disappoint
7 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.

brucewilds.blogspot.com/.../...opter-money-is.html

Is This Why Tesla Just Plunged?
8 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.

brucewilds.blogspot.com/.../...ent-mostly-not.html

In this article: TSLA
Can Joe Biden ‘Heal’ The United States?
10 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.

brucewilds.blogspot.com/.../...ection-will-be.html

The Shocking Growth In America's National Deficit
11 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
11 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.

brucewilds.blogspot.com/.../...rre-economy-20.html

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STOCKS I FOLLOW

AAPL Apple Inc.
AMZN Amazon.com Inc.
BA The Boeing Company
BNDX Vanguard Total International Bond ETF
BWX SPDR Barclays Capital International Treasury Bond ETF
CARZ First Trust NASDAQ Global Auto Index ETF
CBBYX Alliancebernstein Growth And Incm Fd Advisor Shs
CEKFF CASPIAN ENERGY INC
DBJP DBX ETF Trust
DIA SPDR Dow Jones Industrial Average
DXJ WisdomTree Japan Total Dividend Fund
EADSY Airbus Group
EWJ iShares MSCI Japan Index Fund
FAMTX First American Mn Intermediate Tax Free Fund
FEZ SPDR DJ Euro Stoxx 50
FXE Euro Currency Trust
FXY CurrencyShares Japanese Yen Trust
GIM Templeton Global Income Fund Inc.
GLQ Clough Global Equity Fund
GOOG Alphabet Inc. (Google)
GOOGL Google (A shares)
GREK Global X MSCI Greece
HEDJ WisdomTree Europe Hedged Equity ETF
KNTZF KENTZ CORPORATION
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
MSGLX Massmutual Select Small Cap Gwth Eq Fd Cl L
NFLX Netflix Inc.
PIPAX Pimco International Stockplus Tr Strategy Cl A
PSLV Sprott Physical Silver Trust ET
QQQ PowerShares QQQ Trust Series 1
RERFX American Fds Europacific Gwth Cl R-5 Shs
SGTSY SINGULUS TECHNOLOGIE
SIVR ETFS Silver Trust
SLV iShares Silver Trust
SPY SPDR S&P 500
TBT ProShares UltraShort Lehman 20+ Year Treasury ETF
TLCTF TELECITY GROUP PLC
TLT iShares Lehman 20+ Year Treasury Bond Fund
TMSR Thrustmaster Inc
TMV Daily 20 Year Plus Treasury Bear 3x Shares
VGK VANGUARD EUROPEAN ETF
WIPSI WISCONSIN PUB 6%
WMT Wal-Mart Stores Inc.
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PERSONAL BLOG

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

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Publications

Advancing time
Bruce Wilds
E-BookTime, LLC
05/15/2007

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.