Category

Economy

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US taxes : why doesn’t the I.R.S Automate our tax returns?

It’s 2019 and the US government already has all the major  information about your annual taxes, so why are we still filing tax forms like its 1950’s? Sadly automated tax filing already exists in many countries, so  why not here in the US? simple answer corporate greed.,the tax preparation industry…

instead of UBI, why not Universal Basic Housing (UBH) plus social support?

So UBI  (  universal basic income ) is one proposed solution to dealing with growing wealth inequality and coming demographics and social changes that will make the notion of the 1950’s capitalistic “hard work” untenable in heavily automated world of tomorrow. of course as the video above points out there’s…

next US stock market correction like 90’s Japan Nikkie bubble?

Could the next stock market correction / crash be like the 1990’s Japan Nikkie Bubble? A question to ponder, as the stock market as of this writing at the close of  2017 has reaches all-time highs levels for all the major indexes.  Could we see a correction so severe and…

Uber proves we don’t have a free market economy

Uber the ride-sharing alternative to traditional taxi services, highlights one of the big myths of modern capitalism, that  one of the central tenants of a functioning capitalistic system is that of a strong  Free market economy. I feel we don’t have a true free market or worse have a corruptible free market,…

Why NJ / northeast real estate housing values will crash in coming years.

While this post may seem out-of-touch with today’s real estate market in NJ, it’s my contention that multiple economic headwinds from 2016 and beyond will lead to structural changes in the economies of the northeast which will in turn cause pretty severe price declines and adjustments for NJ (and many…