What China’s slowdown means for the world economy

For decades, China’s economic growth was tremendous. But now the nation is seeing a significant slowdown. Its housing sector is in its third year of decline, the stock market is touching new lows and youth unemployment remains high. These issues may be a major headache not only for the Chinese people and President Xi Jinping, but they also have big consequences for the rest of the world. With China’s National People Congress approaching, Bloomberg journalists analyze what the end of China’s boom times means for other countries, companies and you. Here is a direct video link.

Desperate property developers in China have resorted to gifts like new cars, free parking spaces, phones and other consumer goods to attract homebuyers and boost flagging sales. These incentives are just the tip of the iceberg in a crisis involving hundreds of billions of dollars in home builder debt, trillions in local government debt and at least a billion empty apartments. Here is a direct video link.

Posted in Main Page | Comments Off on What China’s slowdown means for the world economy

Transitioning to sustainable life: no miracles needed and no time to waste

Current estimates are that we have six years to solve 80% and eleven years to solve 100% of the air pollution, climate & energy security problems caused by fossil fuels and bioenergy. We cannot afford to waste time and money on useless technologies that will not help us advance the cause of sustainable human life on planet Earth.

Mark Z. Jacobson has done the engineering work on how to get it done. The good news is that we have the technology and know how to do it.

Mark is a professor of Civil and Environmental Engineering and the director of the Atmosphere/Energy Program at Stanford University. He has published six books and over 175 peer-reviewed papers. His research forms the scientific basis of the Green New Deal and many laws and commitments for cities, states and countries to transition to 100 percent renewable electricity and heat generation.

Posted in Main Page | Comments Off on Transitioning to sustainable life: no miracles needed and no time to waste

Equity outflows as layoffs rise and baby boomers draw down savings

Looking beneath the glossy marketing of investment products and their promoters is essential to managing our savings prudently. In the discussion below, Mike Green explains the nuts and bolts of the current long-always system and how it threatens financial strength and stability. Individuals cannot afford to be oblivious.

Michael Green, Portfolio Manager and Chief Strategist at Simplify Asset Management, dives into the critical distinctions between passive and active investing and its implications on market signals and the economy. This conversation sheds light on the concerns surrounding the US economy, debt levels, real estate sectors, and the broader global economic landscape. Michael Green offers invaluable insights into how investors can navigate these complex times, emphasizing the importance of understanding the growing influence of passive investing strategies on market dynamics. Here is a direct video link.

Posted in Main Page | Comments Off on Equity outflows as layoffs rise and baby boomers draw down savings