Recent content by AdvancingTime

Covid-19 has not taken the large number of lives many experts predicted but it has taken a massive toll on the economy bringing many sectors to their knees. Over time answers have begun to emerge as to the extent covid-19 will have to impact our lives in coming years, however, the truth is being...

The idea that investors will have time to exit the markets through the small exit doors it offers may be a bit optimistic during a panic. The fact so many people are willing to risk having their savings consumed if the market breaks hard and falls away shows how complacent we have become. Until...

With our national debt blowing past 23 trillion dollars nothing is as sobering as looking at future budgets. Several years ago our government predicted that by 2019 the national debt would top 12 trillion dollars, not the current 23 trillion. Global debt has surged since 2008, to levels that...

Expect the controversy over just how much trade contributes to America's economic growth to be ramped up as growth slows. In many ways, trade should be seen as a way to increase access to a greater variety of goods at a better price but this only works over a long period of time if it is...

The dollar's role as a reserve currency includes acting as a benchmark by which other currencies and commodities can be valued. The goal of having a stable dominate currency results in other currencies being forced to toe the line or pay a stiff price. Ignoring this economic reality translates...

Questioning the whole "Trump Economy" may seem in poor taste to those who have benefited so much but it is something we should do. What is being ignored is the structural issues that haunt America's competitiveness and far outweigh the benefits of lower taxes. We must also face the fact that...

Questioning the whole "Trump Economy" may seem in poor taste to those who have benefited so much but it is something we should do. What is being ignored is the structural issues that haunt America's competitiveness and far outweigh the benefits of lower taxes. We must also face the fact that...

It is only massive and unsustainable deficit spending that continues driving our economy forward. The bottom-line is that we are in the midst of a "false economy" and it is only by the grace of this huge deficit spending that we are not languishing at the bottom of a deep economic pit. Our...

America and countries all across the globe have postponed dealing with our real issues in what constitutes a massive failure on the part of leaders and political systems everywhere. True tax reform, real healthcare reform, real Social Security and pension reform, how to balance trade while...

In America, the government, coupled with a slew of builder and Realtor associations control the housing narrative. Huge discrepancies exist in the cost of housing in the various markets across America and while price variations are not uncommon they should be seen as a reason for caution. The...

A slew of stories and articles have hit the news recently about how companies buying back their own stock are driving the market higher. I would be amiss not to comment on this and point out the impact and importance of stock buybacks and how they add to both low volatility and at the same time...

Both Apple and Amazon share an ugly truth and that is their strong ties to America's government has in many ways allowed them to create a persona or facade that far outshines reality. This allows each company in its own way to exploit us while masking the huge amount of income they pluck from...

People are naive if they do not recognize the distinct advantage a state-driven economy has over free enterprise, at least initially. A bit predatory in nature, such a system can quickly exploit the weaknesses of its competitors. It is important we recognize China is a state-run economy based on...

The financial missteps in China have continued and corruption runs wild. China is no small underdeveloped backwater with an insignificant economy and it is important to remember that "what happens in China does not stay in China." Growth in China has been fueled by its government expanding the...

But the GDP numbers do not accurately reflect total GDP growth. Gross Domestic Product is defined as the total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment, and government spending, plus the value of exports, minus the...