I wrote an essay called “Pieces of the Puzzle” on November 2, 2025, in which I laid out what I believed were the signs of an oncoming takeover of Venezuela. Many people, particularly Trump supporters, told me at the time that I was crazy, that we would never take...
Economics
A CASE STUDY IN FOREIGN TRADE
I am pretty sure most of you have bought your own plane ticket for a trip. You probably used one of the websites that allows you to view available flights from various carriers. The airlines have learned that travelers, once they put in their destinations and dates,...
WHAT IS AN ILLEGAL IMMIGRANT
A question has been raised about constricting the 14th Amendment to provide that only children born of a legal resident mother be given citizenship. Regarding that question here is some historical perspective. I think that perspective is important because what...
WHY WE NEED TO BUY NITROGEN
You may remember from High School, that the air we breathe has Oxygen and Carbon Dioxide (a molecule containing one Carbon atom and two Oxygen atoms), but that the main component of air is Nitrogen. 78% of air is Nitrogen, 20% is Oxygen, and about 0.05% is Carbon...
AN OBSERVATION ON TARIFFS
The US Supreme Court has now delayed its announcement of a decision on the tariff issue for almost 2 weeks. Why has there been a delay? This is pure speculation on my part, but here goes anyway… I think there are a couple of reasons why a decision that appears to...
GREENLAND
Last month when I wrote about the Pieces of the Puzzle in the Caribbean, I pointed out that there never was an actual issue about drugs. The issue from day one was the oil. The bombing of boats was designed to elicit a response from Maduro that could be used as an...
GDP AND TARIFFS
An adult male who is 5’ 8” tall and weighs 205 lbs. has a BMI (Body Mass Index) of over 31 and is considered morbidly obese. If he gains another 10 lbs. over a year, his BMI goes up to 33. Terrible! Unless he is R.J. Harvey, the running back for the Denver Broncos. ...
OPPORTUNISTIC INFLATION
We have spoken a lot about price inflation; how increased costs, whether through imposed fees like tariffs, or by increased costs for foreign producers, lead to increased costs of production, and downstream increased costs to the consumer. We have also spoken about...
MEASURING THE ECONOMY
As we approach the final Presidential debate this week, we can expect to hear about how great the economy was prior to the pandemic. I chose to look at the data comparing the first three years of the Trump economy to the final 3 years of the Obama economy. I have...
WE ARE BEING RIPPED OFF
As the president has said many times about almost every foreign country in the world regarding trade, “they are ripping us off”. What he means is that the trade imbalance with almost every other country is negative; we buy more from them than we sell to them. Mr....
NOT AS STRONG AS YOU THINK YOU ARE
NOT AS STRONG AS YOU THINK YOU ARE Maybe you were in business, and you decided that you could raise your price because your product was market-dominant. Perhaps that strategy backfired; your customers felt alienated and decided to go to another supplier anyway, and...
US EU DEAL
The United States and the European Union have reached a trade deal that includes a 15% tariff ceiling on most EU goods entering the US, while also eliminating tariffs on certain US goods entering the EU. The EU has also committed to purchasing $750 billion in US...
