Category: Economics (Page 1 of 7)

Arctic Analysis

IM:  The Arctic Gambit

I am always going to click on an article that sounds like the name of a Tom Clancy novel.  This article opens with a photo of a submarine conning tower jutting through the ice.  There are a few other nice photos and what seems to be a deep analysis of the geopolitics of the Arctic.

I don’t know anything about the organization, IM, that posted the article, but it seems balanced and informative.  I only read a bit of it, was in over my head, and Sparky wants to go outside.

Let me know if it’s worth reading.

Time to get frivolous

On Sunday, President Biden repealed the Social Security Windfall Elimination Provision.  Since I will start getting a windfall, being frugal is pointless.

Tramping around in the snow with Sparky, I get wet boots.  Two weeks ago, I knocked up a drying rack for my boots using shelf brackets, scrap wood and my CPAP machine.  It folds up for easy storage.

Now that the SSFA is passed and frivolous spending is encouraged, I spent $45 on Amazon to get a boot dryer like regular people use.

I am eager to try it out.

Biden is getting ready to screw me over.

Congress dragged me back in the game, so now I want to win.

Social Security is a game.  It’s not like roulette, where the risk corresponds to the reward.  It’s not much like blackjack where there is a clear strategy to narrow the odds.  Social Security is more like that Fun Fair “Mystery Fishing” game where every player gets a prize, but there are better prizes and worser prizes.

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More than two-thirds of NATO countries have paid their dues.

AP NATO Defense Spending

A record 23 of NATO’s 32 member nations are hitting the Western military alliance’s defense spending target this year, NATO Secretary-General Jens Stoltenberg said Monday, as Russia’s war in Ukraine has raised the threat of expanding conflict in Europe.

Trump doesn’t get enough credit for calling bullshit on NATO.  In 2016, Trump made it clear that if member countries didn’t spend 2% of GDP for defense, the US may not be as supportive.  The corporate media, progressives and anti-Trumpers cried about his incivility and lack of decorum.

In 2017, when Trump took office, only 4 countries were fully paid up.

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Sparky will eat all of the crickets.

 

UC Riverside: Good grub

Well, Sparky might eat crickets, but I wouldn’t ask him to.

More than 2 billion people regularly eat insects — on purpose. They’re a great source of protein for communities around the world and some are considered delicacies reserved for special occasions. And it’s entirely possible that eating bugs could become more common in the U.S. too.

This topic comes up regularly.  The 2 billion people who regularly eat insects on purpose, do so because they are poor.  This only becomes common in America if we have to repay our federal debt.  That’s currently running at $100,000 per person.  Imagine if the USDA changed the Supplemental Nutrition Assistance Program to just provide poor people with a bunch of crickets.  Democrats would only go for that if White men were the only people on food stamps.  At least give them some chickens to turn the crickets into eggs and meat.

Sparky and I aren’t poor, so he isn’t going to be eating crickets and meal worms, but why isn’t that ever suggested?

Pedigree dry dog food is a third the price of Blue Buffalo.  Sparky eats too much, but that still isn’t very much.  Getting the good stuff costs an extra twenty bucks per month.  The first ingredient in Pedigree is corn, the second is unspecified meat and bone meal.  The bag says “Grilled steak & Vegetable Flavor”.  Natural grilled steak flavor is the 15th ingredient. 

In the US, $16 billion dollars is spent on dog food.  Dogs need protein.  Crickets and meal worms are an efficient source of protein.  Why do the articles never suggest adding bugs to dog food?  If insects are considered to be meat, then they could already be in there.  Crickets wouldn’t even be in the top 10 list of disgusting things Sparky puts in his mouth.  He ate a stink bug once, and instantly regretted it.

Jaguar is ruining it’s brand.

Jaguar ad implores the audience to “live vivid”. 

More like livid.  That’s what Jaguar owners, car guys and British people are.  Livid, as in furious, angry or enraged. 

Livid also means “darkish, purple color” or black and blue, like a livid bruise.  Which is what Jaguar will be left with after nobody buys the new models.  To make it worse, Jaguar is pausing their manufacturing to retool to build the new EV models. This is the new Jaguar concept car.

The EV market is rough.  Tesla sells half of all EV cars, with customers generally preferring hybrid cars to avoid the problems that come with a battery-powered car.

Jaguar is owned by Tata Motors.  Tata is a large, diversified Indian company.  Tata bought Jaguar Land Rover (JLR) from Ford for $2.3 billion in 2008.  JLR has performed well for Tata, but with this Jaguar re-branding, that may change.  Land Rovers sell well, and if that brand isn’t ruined, Tata can survive the death of Jaguar.

Here is the Jaguar ad that will kill the brand.

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