Category: Economics (Page 5 of 7)

WSJ: Electric vehicles aren’t working out like they’d hoped.

The Electric-Vehicle Bubble Starts to Deflate

The Electric-Vehicle Bubble Starts to Deflate

It’s ironic, to say the least, that the U.S. is seeking to imitate China’s economic model at the moment that its industrial policy fractures. Look no further than its collapsing electric-vehicle bubble, which is a lesson in how industries built by government often also fail because of government.

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How to Retire

WSJ: Retire Better

WSJ: Retire Better

When I’ve asked colleagues what they intend to do after they retire, the stock answer is, “Whatever I want!”

That’s a bullshit answer, so I ask follow-up questions.  “After eating Ben & Jerry’s ice cream for breakfast, how are you going to spend the rest of the day?”

Retirement is such a foreign concept, people think about it in weird ways, and it’s different than people expect.

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BBC: Instant Pot to file for Bankruptcy

BBC: Instant Pot to file for bankruptcy

The maker of Pyrex glassware and Instant Pot multicookers has filed for bankruptcy protection, with as much as $1bn (£790m) in liabilities.

As well as the more than a century-old cookware brand Pyrex and Instant Pot, which was launched in 2010, Instant Brands’ portfolio also includes kitchenware brands Corelle, CorningWare and Snapware.

How do you screw up that company?  Five years ago, everybody wanted an Instant Pot, and people are always talking about new Instant Pot recipes.  When we cleaned out Mom’s house, Corelle was the only thing anyone wanted.

Barron’s: Trump vs Biden in 11 Charts.

A good friend occasionally says that, “No one has ever logically explained to me why they voted for Trump.”  He thinks it’s persuasive, but it’s a trick.  He would never vote for Trump, so any explanation would, by definition, be illogical or unpersuasive.  Knowing any explanation would be futile and would stress our friendship, I never attempt it.   This article provides some reasons I have voted for Trump, and will again.

Barron’s” Trump vs Biden in 11 Charts 

Barron’s” Trump vs Biden in 11 Charts

A few charts are particularly interesting.  Keep in mind that the Covid Lockdown started in March 2020, and Biden took office in January, 2021.

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