Does it make any sense to impose a tax on imports that will make all Americans worse off? Shouldn’t we learn from our success? We should ask ourselves a fundamental question: Is trade good? Which made us simply capitalism? Trade never occurs unless you want a product more than you Read more…
President Ronald Reagan explains the pitfalls of imposing tariffs on imports. At first glance, tariffs may seem like a patriotic move to protect American products and jobs. However, Reagan explains that this protection is short-lived and ultimately harmful. He outlines how high tariffs lead to domestic industries becoming complacent, stifling Read more…
Like all everyone else, we are inundated with scammers trying to take advantage of us, most of which blow off. However, there is one scam that is so dastardly as to cause rational well adjusted people to commit suicide. Sextortion is the worst or worst scams. Sextortion happens when someone Read more…
We usually start our conversations with the premise that the market for electric vehicles is about 75% of all passenger vehicles today. Of course that is limited to first world, fully developed countries like Canada, the US, Germany, Australia and England. As technologies improve in the coming decades, like having Read more…
The question is what is an inverted yield curve and why does it always predict recessions? The yield curve is just points on a chart showing interest rates over time and we can look at that chart to see trends. Trying to predict what will happen in 7 months is Read more…
The United States likes to promote itself as the melting pot of the worlds immigrants, but in recent years that has so very demonstrably become untrue. In this short video we explore which countries off immigrants the best places to live: Immigration Ranking (2020) Country Score 1 Sweden 86 2 Read more…
This is the story of how Western automakers are inviting the Chinese to take their US & Canadian market share. Unless you’ve been under a rock for the last two years you already know that the price of everything has gone through the roof. Cars have been no exception. The Read more…
In a world in which big data analytics constantly surprises us with what at first appears to be counter intuitive findings, there are still times that the data validates our gut feelings. UPS safety trainers have know since the 1980’s that: “…Left turns mean idling, which increases the time a Read more…
One month ago we noted that Chestermere had double the Alberta Provincial Average of active COVID19 cases. In recent days the signage at the end of town has jumped up twice and now reads CHESTERMERE HAS 150+ COVID CASES, so we decided to update our numbers and some of the Read more…
Now that COVID-19 has had its first year anniversary in Western countries, it is a good time to calculate some metrics. In particular, how much spending did governments do to fight COVID19 and keep their economies moving. Estimates of how much money each country spent on COVID-19 are difficult to Read more…
We have many video clips explaining how identity politics have been used to gain political advantage but we have not directly explained what identity politics are and why they are so dangerous to “Western” countries. What Is Identity Politics? Put simply, identity politics is the act of targeting groups for Read more…
What is Wealthsimple? What is a roboadvisor? What is an ETF? Why Mutual Funds are a bad investment option? How can I setup an account? These questions and many more are explained in this video: What is Wealthsimple? Wealthsimple is a roboadvisor. Their slogan is “investing on auto pilot” and Read more…
Those of us in the West have been using ecommerce sites lite Amazon and eBay since the dawn of the internet in the mid-1990’s, but as is often the case those who start second learn from others mistakes and are even more successful. Today every chain retailer has an ecommerce Read more…
This site has a focus on China but has been avoiding the Wuhan coronavirus because we could not add useful information to the cause. Today we reviewed many press releases and articles to develop a useful timeline of events relating to the coronavirus: CLICK TO EXPAND GRAPHIC At this point Read more…