Thanks for the heads up, Tyler. I can't imagine why anyone would want to support this technology. If you go into a grocery store, and you see self checkout and human checkout, many will stay in line to take advantage of the human cashiers. In the concepts that eliminate all checkers, I would never go into that store.

Impressive list, James. It is just that my wife is native American and I look at all forms of colonization as being just not right. After learning the story of her tribe, I can't buy into any justification for the oppression. Whether it was Cecil Rhodes, the US, Israel or Australia, it was all wrong.

Dr. Lambert shares your insight, It seems the biz cycle ended in Dec. 2014.

Well, James, interesting comment. All we have gained from a close relationship with Israel is a wearisome policy of regime change that we carry out in the Middle East. It was, as I have written on Talkmarkets in the article Larry Summers 100 Dollar Bill Ban and Westfalia Lost, formulated by Oded Yinon. It was subsequently adopted by US Neocons, primarily through Richard Cheney. It is a very disturbing and immoral foreign policy, and points to a destruction of sovereignty on a wide scale. It has put religious people of all religions at risk in the Middle East. As for Trump, it has been written that he was antisemitic towards Jewish moguls in NYC. Obviously, he has said that he has German blood, the right stuff as he called it. So, he is conflicted at best.

Remember that #Trump will not destroy all free trade. He makes stuff out of the country. And Al, my aunt's car broken down in the desert when I was 7 and it was 110 degrees has nothing to do with an Ivory Tower. How more real can you be, stuck in the middle of the desert in a top of the line blue beautiful Buick? Stuff is made in superior fashion now, and there are big dangers to tariffs. The economy will slow down if too many tariffs are thrown up, unless you get a lot of nations to start bringing factories here. If it is profitable, in certain industries, tariffs are appropriate. As an article on Business Insider explained back in 2010, there were already 12,000 tariffs on products in industries that our government has chosen to protect. www.businessinsider.com/americas-biggest-tariffs-2010-9

Remember those shoes I talked about? There is still a 37 percent tariff on leather shoes, Al.

I think the #Eurozone has two choices, either boot out the weak nations or make sure households are in possession of base money: www.talkmarkets.com/.../hope-for-the-real-economy-pigou-effect-tltro-helicopter-money

I remember when my aunt owned a top of the line Buick, in the 50's. It broke down in the middle of the desert, and could have been serious. But now, thanks to the Japanese, the least expensive new car is dependable. We will not benefit by high tariffs. It will destroy tourism and jobs you don't even know exist. You want the world and their nukes to become Sparta on steroids while we are Athens? Or maybe you want us to just physically take over the world and brutalize the world like Rome? Yes we need more factories here, but we just need other countries to build them here. Implementing stiff #tariffs will halt that strategy.

I am not as anti free trade as you are, Al. Can I call you Al to distinguish you from the comic book character? Anyway, I am not as anti free trade as you are. I remember that goods like shoes were very expensive before free trade. I remember that you could not get as many goods. There is a balance that could be achieved and more manufacturing must be located into the US. I agree with you there.

But, you want to swing that pendulum, a Spanish Inquisition-like pendulum, so far in opposition to free trade that your view could end up cutting us all up.

Fascinating article, but where to start?

First, Trump may be anti Semitic. But he is pro Zionist. People should know that Zionism and Judaism are really not historically linked. Judaism,a religion, existed for thousands of years and Zionism, a political doctrine, was formulated in the late 1800's. It would be good if people learned that there are differences, like the British Court ruled.

Also, he is not a tolerant person. Tolerance is key in these times. I do worry about his tendencies towards authoritarianism when times get tough, and they likely will.

Second, Trump does hit a populist chord. He is threatening tariffs, and that is probably a good thing to threaten. We are getting killed with loss of manufacturing. I posted this quote in my article, Michael:

"In comparison to Figure 1A, the related-party exports shown as a share of overall U.S. exports in Figure 1B indicate that offshoring is a two-way street. Multinational companies from other countries are locating production in the United States for sale in other countries’ markets but are doing so at a much lower rate than the U.S.-based companies locating production offshore to supply goods to the U.S. market." Emphasis mine. www.talkmarkets.com/.../trumps-carrier-deal-bankstechnology-and-freedom

Third, the Fed has been trying, compared to other central banks, to lift us off zero. But more needs to be done. He cannot threaten to renegotiate our debt or we will be in big trouble. But he can issue 100-year bonds, and that would at least allow for spending without the crunch of short term debt: www.talkmarkets.com/.../trump-should-absolutely-issue-100-year-bonds

Banks are supposed to exist to help the real economy. All they seem to do is help big business that has workers captive to worldwide labor arbitrage. You can see why wide swaths of the US, most of the counties in the United States, rejected the globalist world view. I just hope Donald Trump has the wisdom to act thoughtfully, and not by uninformed reaction.

Well, Joe, it is obvious that the elite don't want to pay more taxes. Some do, but most don't. And Trump wants to cut corporate taxes, leaving an even bigger gap. If we are entering a recessionary time, and Edward Lambert has the charts to show this probably is the case, then now would be the time to issue these bonds, at the end of the business cycle. Notice that governments have issued these bonds recently, as the world economy is slowing. Now is the time, and it makes sense to do it now, not at the peak of a business cycle.