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Category Archives: Finance and economics

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Roundup

The New Neo Posted on July 9, 2022 by neoJuly 9, 2022

(1) Elon Musk wants to pull out of the Twitter deal because of Twitter bots. Then again, does he really, or is this just a negotiating tactic? More here: Twitter initially rejected Musk’s $54 per share bid, called Musk names, … Continue reading →

Posted in Finance and economics | Tagged Elon Musk, Twitter | 56 Replies

You tell ’em, Joe

The New Neo Posted on July 3, 2022 by neoJuly 3, 2022

Our brilliant leader has a July 4th weekend message: My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are … Continue reading →

Posted in Biden, Finance and economics | 50 Replies

Go on Joe, nationalize the oil companies

The New Neo Posted on June 15, 2022 by neoJune 15, 2022

We know you want to: President Biden may resort to using emergency powers if American oil companies don’t increase output at their refineries, the president told oil CEOs in a series of letters Wednesday. Biden’s statement blames oil companies for … Continue reading →

Posted in Biden, Finance and economics | 34 Replies

Upward and onward with inflation

The New Neo Posted on June 10, 2022 by neoJune 10, 2022

Anyone who goes to the grocery store or gets a tank of gas knows about inflation anyway, but maybe not every single detail such as the fact that the increase in May was at the highest level since 1981: Inflation … Continue reading →

Posted in Finance and economics | 30 Replies

Senator Stabenow is in love with her car

The New Neo Posted on June 8, 2022 by neoJune 8, 2022

Senator Stabenow of Michigan bragged about her electric car: “I just have to say just on the issue of that at gas prices; after waiting for a long time to have enough chips in this country to finally get my … Continue reading →

Posted in Finance and economics, Music, Politics | 43 Replies

Yellen admits she was mistaken about inflation

The New Neo Posted on June 1, 2022 by neoJune 1, 2022

On the one hand, at least Yellen admitted she got it wrong. On the other hand, I don’t think that serious inflation was actually a difficult call. I’ve often said that economics is very far from my field of expertise, … Continue reading →

Posted in Finance and economics | 33 Replies

What’s up with the baby formula shortage?

The New Neo Posted on May 12, 2022 by neoMay 12, 2022

Suddenly there’s a raft of articles about the current baby formula shortage, which seems to have been caused by a combination of the usual “supply chain problems” and a large plant closing because of possible illness and two deaths from … Continue reading →

Posted in Finance and economics | 58 Replies

Just what we need – a recession

The New Neo Posted on April 29, 2022 by neoApril 29, 2022

It’s been expected for quite some time. How bad will it be?: The Fed maintains that it can thread the needle and raise interest rates just enough to clear away that pesky inflation, but not so much as to crush … Continue reading →

Posted in Finance and economics | 82 Replies

Reports are that Musk will be acquiring Twitter after all

The New Neo Posted on April 25, 2022 by neoApril 25, 2022

Fancy that. Glenn Reynolds writes: “Twitter has been destructive for the left, but it has also been destructive for the nation. I hope Musk can fix the latter, at least.” I have written about my own detestation of Twitter quite … Continue reading →

Posted in Finance and economics | 14 Replies

The trouble with Russian armaments

The New Neo Posted on April 25, 2022 by neoApril 25, 2022

It seems pretty apparent from the Ukraine war that Russia has a problem with its military equipment. This article summarizes some of the reasons, among them [emphasis added]: –Russia should theoretically have military equipment better than anyone but the U.S. … Continue reading →

Posted in Finance and economics, War and Peace | Tagged Ukraine | 49 Replies

Trump’s 2018 warning to Europe and especially Germany

The New Neo Posted on April 14, 2022 by neoApril 14, 2022

Trump made some prescient – although obvious – points back in 2018. He was speaking to the secretary of NATO: TRUMP: We’re protecting Germany, we’re protecting France, we’re protecting everybody and yet we’re paying a lot of money to protect… … Continue reading →

Posted in Finance and economics, Trump | 22 Replies

It occurs to me that Elon Musk is somewhat the anti-Soros

The New Neo Posted on April 6, 2022 by neoApril 6, 2022

Now that Musk has become the largest shareholder in Twitter, it seems he has plans to change some things: Elon Musk filed a new disclosure on his Twitter Inc. stake with the Securities and Exchange Commission on Tuesday, admitting that … Continue reading →

Posted in Finance and economics, People of interest, Politics | Tagged Elon Musk, George Soros | 19 Replies

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