Juggling Dynamite

In a slow growth world, where middle class household incomes have been stagnate for years now, everyone is looking for stimulus ideas that will help rebuild household strength, savings and consumption ability. Here’s one of the most obvious: require equal pay for women and men. Both sexes should campaign for this across the world. It’s self-help for our collective financial progress.  This double standard is counter-productive and utterly indefensible, and yet it still persists most everywhere.

“I don’t know if protest leads to change, but protest helps us have the conversation.” @HallaTomas on Iceland’s gender pay gap protest. pic.twitter.com/5mR4hzC8T4

— TED Talks (@TEDTalks) November 1, 2016

Kyle Bass, Hayman Capital Management, speaks to CNBC’s Andrew Ross Sorkin about his views on China’s banking system.  Here is a direct video link.

As I have said before, I am not a fan of either leading Presidential candidate.  They both seem unworthy of trust to me.  But I do think that intelligent people damage their own credibility when they try to the defend the indefensible for any candidate.  See Does anyone know what happened to those 22 million emails from the Bush White House? This quote captures the real state of affairs best I think:

Along with influence peddling and humidity in August, ass-covering is one of the most permanent features of our permanent governing class, and it is a bipartisan enterprise involving all our elite political institutions, in and out of government.

Does Anyone Know What Happened to Those 22 Million Emails From the Bush White House? https://t.co/8J2I91LQ9y via @Esquire

— Danielle Park (@kdaniellepark) November 1, 2016