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Motto: I will never forget. [ Source HouseofNames ]

HUMANITY DOOMSDAY CLOCK - Moves forward to 2125 due to election of US President trump.

Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Apologies to Bulletin of the Atomic Scientists for using the name.

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There Are Alternatives to Free Market Capitalism [http://www.mkeever.com/taa.html]

Specific Country Economic Policy Analyses - More Than 50 Countries from Argentina to Yemen [http://www.mkeever.com]




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Friday, June 8, 2018

UPDATE What Motivates trump's Treason


trump is fighting in a war with Putin over the political future of the United States.

trump is fighting to harm our country by attacking the foundations of the United States of America on behalf of Putin and the Russian oligarchy.

This is treason of the highest order.

This idea may appear outlandish at first glance, but a study of political motivations will suggest its logic; and, I have studied Russian political motivations for a long time.

One way to interpret governmental actions is to find an explanation - regardless of how illogical the explanation may sound - which can explain past actions and also PREDICT future actions.

It is not enough to claim that he is a con-man creating distractions. He is that of course, but simple greed fails to account for many of his initiatives. It is wise to ask the basic question: What is the broader objective of each specific action?

It is better to examine any action and ask if it furthers the de-stabilization of the United States AND also furthers the interests of the Russian Oligarchs. If the action does those things simultaneously, then it is likely that it is so designed.

In other words, each action which contributes toward the de-stabilization of the United States is a deliberate act agreed upon by Putin and trump.

For example, trump just fired the entire board of the Consumer Financial Protection Agency. [https://washingtonpress.com/2018/06/07/the-trump-team-just-fired-every-member-on-the-board-of-key-federal-watchdog-agency/]

This helps trump secure the approval and campaign contributions of the financial services and banking industry. AND, it benefits Putin by furthering the American population's fear that the game is rigged against them.

ALSO, the Congress just approved the DOJ's act to steal the private email and phone records of a reporter in furtherance of finding the leak of classified information.

This act erodes the constitution and contributes to the public mistrust in both the institutions of government and the reliability and patriotism of the press.

Both trump and Putin share this objective.

UPDATE - WHY DOES TRUMP DO PUTIN'S BIDDING??

In the spirit of speculation.....trump has taken a lot of money from Russian thugs or oligarchs; they are the same people no matter what you call them.

When you accept a favor from gangster, he thinks he owns you. When he asks for a return favor, you must grant it. Or, he will hurt you and your family.

And, Putin has demonstrated that he will kill anyone anywhere whom he considers a traitor to Russia. He has said and done exactly that.

trump simply may be afraid that he and his family will be killed if he refuses to grant a favor.

The simplest way out of this mess is to pay trump one billion dollars in exchange for his immediate abdication.

Pence is an offensive dolt, but possibly has taken no money from the Russians


Monday, June 4, 2018

Spring Country Studies

The Mike P. McKeever Institute of Economic Policy Analysis [MIEPA] takes pleasure in announcing the publication of its Spring 2018 Country Studies.

NORDIC MODEL

Of extraordinary interest is the publication of the study on Norway by Specialist Rune Nilsen. Norway participates in the NORDIC economic model which has been suggested as a functional alternative model to the Free Market Capitalism model currently practiced by the United States and several other Western nations.

Specialist Nilsen's Norway analysis is available here: http://www.mkeever.com/norway.html

UPDATED ANALYSES

PERU - Specialist Diana Li Sam has examined the economy of Peru and her study is available here: http://www.mkeever.com/peru.html

TURKEY - Specialist Doga Akpinaroglu has examined the economy of Turkey and his study is available here: http://www.mkeever.com/turkey.html

UNITED STATES - Three Specialists, Carmen Cortina, Mitchell Hom and Simon Shi have examined the economy of the United States. All three studies can be accessed here: http://www.mkeever.com/usa.html

MIEPA home page: www.mkeever.com

Too Much Capital

There is a structural problem within most of the industrialized world's economies. It is most pronounced in the United States of America.

It is an imbalance between the amount of capital available and the level of incomes available to consumers.

Simply put, there is too much capital and not enough income.

The evidence is clear: historically low real [inflation adjusted] interest rates and stagnant real consumer incomes.

In practice it means that capital is available for projects that promise low profits. Historically, the expected profit rate has driven capital toward more profitable, hence more efficient, projects.

Thus some investment is driven toward marginal projects - which do not contribute materially to the economy's well being - since they are the projects available.

More damaging is the trend toward monopoly control of markets and supply chains. Monopolies are incentivized to provide fewer products at higher prices than a competitive market would absorb, thus reducing employment and incomes.

Monopolies and oligopolies also attempt to control the regulation environment so that their dominant positions are sustained. One needs only to look closely to the banking and financial services industries to see the pernicious effects of such regulation control.

The problem is hidden today because the numbers are good - low unemployment rates and GDP growth.

But, these numbers are not sustainable unless consumers have the real purchasing power to sustain them. Real growth happens only when consumer demand is strong.