Why the Capitalism economic model might be Dying and in the near Future, Dead! I was raised in a capitalistic society and it was, and currently is, a great economic model but I have to wonder if it’s starting to die and will soon be dead. The intelligent systems that are being created may very… Continue reading Is Capitalism Dead or Dying?
Category: Economy
Why Increasing Minimum Wage By Doubling it to $15 Is Harmful For The US
The current Federal Minimum Wage is $7.25, but there is a “doubling” proposal by various group and media channels that are interested in increase it to $15. Personally, I think that is a very bad idea, and below are the top reasons why: Why Doubling the Minimum Wage is a bad idea Small Employers and… Continue reading Why Increasing Minimum Wage By Doubling it to $15 Is Harmful For The US
Is OPEC Giving the World a Stealth Stimulus Package and Other Considerations
Before I begin, let me define what the acronym OPEC stands for… OPEC stands for “Organization of the Petroleum Exporting Countries” and represents mostly the middle eastern countries, but also outliers countries like Venezuela. At the last OPEC meeting (11/27/2014), OPEC decided not to cut oil production and for many countries the decision was kind… Continue reading Is OPEC Giving the World a Stealth Stimulus Package and Other Considerations
Why It’s Wrong When Billionaires Try To Destroy Companies
I stumbled across this article Today on the NYtimes: “Staking $1 Billion That Herbalife Will Fail, Then Lobbying to Bring It Down” and it made me sick to my stomach. It’s not that I’m a big fan of Herbalife, but the fact that Bill Ackman is shorting the company with a huge position first, and… Continue reading Why It’s Wrong When Billionaires Try To Destroy Companies