People are still feeling the effects of 2008. Our labor force participation rate was 66% in 2008. It fell to 62.4% in 2015 before rising back to 63.4% prior to Corona. As in, 75% of the loss is still there.
Now it is 60.2% - the lowest it has been since the early 1970s, when many women didn't work.
We are still feeling 2008. This is far far worse than 2008.
I wrote a more generalized article about the the costs of shutdowns on a structural economic level. The locusts are really a particular example of the wider problem I explored in the other piece...
talkmarkets.com/.../some-of-my-best-friends-are-economists
The issue with many UN organizations is that they become mouthpieces for the political aims of their major voting blocks. WHO, UNESCO etc.... do this. It is an inherent weakness in a democracy of dictatorships.
Put another way: in a world where a majority of countries (and thus voting states) are not free and many of those states control vast resources the free nations depend on those who are free but lack natural allies will find themselves on the outside of these organizations.
Israel and Taiwan both fall into this bucket. Taiwan isn't even allowed to be a part of the UN and so it is hard to condemn them as a member state.
There is a civil war in Yemen. All (well, at least many) low-flying aircraft are shot at. Same with large amounts of Somalia (Puntland and Somaliland excepted).
Latest Comments
The Road To A Post-Corona Boom - Part 1
Great minds think alike - we happen to as well :)
The Road To A Post-Corona Boom - Part 1
Haven't written it yet... seeing what kind of feedback I got on this one :)
The Road To A Post-Corona Boom - Part 1
People are still feeling the effects of 2008. Our labor force participation rate was 66% in 2008. It fell to 62.4% in 2015 before rising back to 63.4% prior to Corona. As in, 75% of the loss is still there.
Now it is 60.2% - the lowest it has been since the early 1970s, when many women didn't work.
We are still feeling 2008. This is far far worse than 2008.
The Cost Of Our Coronavirus Insanity
They typically die out in July when the moisture levels drop. I think we have another one or two generations to go.
Coronavirus: The Insanity Is Ending
I wrote a more generalized article about the the costs of shutdowns on a structural economic level... Y'all will probably enjoy it :)
talkmarkets.com/.../some-of-my-best-friends-are-economists
Stop The Corona Insanity - The Data
I wrote a more generalized article about the the costs of shutdowns on a structural economic level... Y'all will probably enjoy it :)
talkmarkets.com/.../some-of-my-best-friends-are-economists
The Cost Of Our Coronavirus Insanity
I wrote a more generalized article about the the costs of shutdowns on a structural economic level. The locusts are really a particular example of the wider problem I explored in the other piece... talkmarkets.com/.../some-of-my-best-friends-are-economists
Stop The Corona Insanity - The Data
The issue with many UN organizations is that they become mouthpieces for the political aims of their major voting blocks. WHO, UNESCO etc.... do this. It is an inherent weakness in a democracy of dictatorships.
Put another way: in a world where a majority of countries (and thus voting states) are not free and many of those states control vast resources the free nations depend on those who are free but lack natural allies will find themselves on the outside of these organizations.
Israel and Taiwan both fall into this bucket. Taiwan isn't even allowed to be a part of the UN and so it is hard to condemn them as a member state.
Stop The Corona Insanity - The Data
There is a civil war in Yemen. All (well, at least many) low-flying aircraft are shot at. Same with large amounts of Somalia (Puntland and Somaliland excepted).
Stop The Corona Insanity - The Data
DRM, I wrote a dystopian story about exactly this idea. I did an audio recording of it on candidateeveryone.podbean.com/e/randoms-a-story/
You might enjoy it.