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Posts published by “Rich Blake”
The hope by the Fed is that the increase in interest rates will choke off some of this inflation. I do not think the Fed is prepared to go as hard as they need to; I think they're underestimating how long inflation is going to be around. Inflation is going to with us and it along with a bunch of other stuff is going to bite Biden in the ass. He might want to have a long conversation with former-President Jimmy Carter.
Here is Ta-Nehisi Coates’ essay, “The Case for Reparations” originally published in The Atlantic, May 21, 2014.
The premise or recurring theme or thesis behind Heather McGhee’s book, “The Sum of Us: How Racism Costs Everyone And How We Can Prosper Together” is that we, the United States, adopted this ‘zero-sum’ paradigm at its inception, particularly around race, and how it is been to the detriment of ‘all of us.’ What she does throughout the book, from beginning to the last chapter, is give example after example of how some White people and their politics are driven off this theme if they win, we lose, irrespective of the damage to the country.
What’s kinda interesting is that during that recession, we never got to 33,000,000 people unemployed or filing unemployment claims. We never had wholesale multiple industry segments completely shut down. I mean, the banking industry and the related mortgage industry are a big deal but it seems what’s happening now is more severe. It seems like the market doesn’t think it will last past a quarter or 2?
I lied. This is not brief. You know I wouldn’t be when you said, “shoot!” lol. Because this isn’t brief, I’m going to post it on my blog with a link to it. For this one, I promise I’m not gonna cuss and I’m not gonna be too political, I hope.
The down-market will create opportunities for entrepreneurs. Forward-thinking entrepreneurs will have the opportunity to buy a struggling business or fill a market void by starting a new business.
Instead of a poem today, I’m going to post an excerpt directly from the 12th Chapter of Exodus from the New International Version of the bible. Like a Sunday preacher, I’d encourage you to read the entire Book of Exodus and particularly Chapters 11 and 13.
I'm not saying that Devlin McGregor is Novartis, the makers of hydroxychloroquine, the drug approved for lupus, malaria, and rheumatoid arthritis, necessarily. I mean, they're the ones that paid Michael Cohen over $1 million for access to Trump.