In the video below, author David Epstein explains why being a specialist is generally (see what we did there ?) a bad idea. Conventional wisdom is that specializing in a subcategory offers the best path to both personal and financial success. For example: an engineer focusing only on bridge construction Read more…
Much is made of the auto sector in both the US and Canada. It is thought of as the manufacturing heart of both countries and is fundamental to the ongoing success of the economy. On the flip side of that, the oil and gas energy industry is socially and politically Read more…
Conventional wisdom says that any American politician that votes against their party’s position will be severely punished by voters and loose the next election. However, that facts do not support this. From Civil Rights, to the War in Afghanistan, to Medicare, to Gun Control, those politicians that voted against their Read more…
To someone living in the US or Canada, it probably appears that the whole world wants to shut down the oil and gas energy industry, but a slightly closer look shows nothing is further from the truth. Western energy is correctly considered the both the saviour of the third world Read more…
This is a followup to our article: Anatomy of an Impeachment: The Complete Timeline of the Biden Ukriane Trump Inquiry The basis of the impeachment of US President Trump is a conversation with Ukrainian President Volodymr Zelensky but very few people have heard an audio recording of the call. Because Read more…
If you want to make more than 5% interest these days, you are going to need to look at something other than stocks and bonds. In the simplest terms, Peer to Peer Lending connects borrowers with lenders directly. The idea is to remove large and slow banks that typically collect Read more…
In this video Mike Bloomberg‘s Campaign Manager explains how the US Democratic primary system causes candidates to spend the vast majority of their time and money resources in States that will eventually vote Republican in the general election. MACHINE TRANSCRIPTION: [00:00:00] – Christiane Amanpour Kevin Sheekey is Michael Bloomberg‘s campaign Read more…
In this 3 minute clip Mike Bloomberg’s campaign manager explains Michaels background as a self made man and not self interested rich punk trying to buy the 2020 US Presidential election. MACHINE TRANSCRIPTION: [00:00:00] – Christiane Amanpour Kevin Sheekey is Michael Bloomberg’s campaign manager and he’s joining me now. I Read more…
The United States is now produced more physical things (i.e. cars, buildings, clocks…) than it has at any time in its history but it actually REDUCING the amount of materials taken from the ground to do it. One word explains how can that came about: efficiency. There is still absolutely Read more…
It may be counter intuitive but Microsoft actually increased output by 40% in its 2500 person Japanese operations by mandating three day weekends in August 2019. Most of the performance gains came from: reduced meeting length the majority of meetings changed from one hour meetings to 30 minute meetings having Read more…
The new NAFTA (aka North American Free Trade Agreement or United States Mexico Canada Agreement) has an interesting minimum wage requirement that is not well understood. Here are the key facts: USD $16/hour wage minimum is required on 40% of the components in cars and 45% of the components on Read more…
The most straightforward form of government is a “majority” government. Majorities occur when a single party receives more than 50% of the seats. Minority and Coalition governments occur when a natural majority was not achieved, but what is the difference? What is a Minority Government: A minority government is formed Read more…
What happens to oil pipelines in a post oil world? Many people think the massive expenditures in pipelines result in a permanent oil infrastructure. The fact is that pipelines originally constructed to move oil are both reversed and repurposed all the time. The graphic to the right is from 2014 and Read more…
It has been noted that during the gold rush most miners did not get rich, but the people who sold them their pick axes and dynamite certainty did. In the same vein Google has said it is not those with the most powerful computers that will win in the future, Read more…