Showing posts with label Economics. Show all posts

 


  • Earlier Industrial Revolutions: While the Industrial Revolution often refers to the 18th-century Britain period, there were earlier periods of significant industrialization. You could include the:

    • Agricultural Revolution (8th-13th centuries): This period saw advancements in farming techniques that increased food production and freed up labor for other industries.
    • Water Mill Revolution (11th-13th centuries): The development of watermills provided a more reliable source of power for grinding grain and other tasks.
  • Public Health Advancements: The Industrial Revolution also led to improvements in public health, such as:

    • Vaccinations: Edward Jenner's development of the smallpox vaccine in the late 18th century significantly reduced deaths from this disease.
    • Sanitation: Improved sanitation measures, such as sewers and clean water supplies, helped to reduce the spread of disease in crowded cities.
  • Environmental Impact: The Industrial Revolution also had a significant impact on the environment. You could include:

    • Air Pollution: The burning of coal for energy production led to increased air pollution, particularly in industrial cities.
    • Deforestation: The demand for wood for fuel and construction led to widespread deforestation.


Timing of Major economic events after a 10-year/3-month yield curve inversion:

Date of InversionRecession Start (Days)S&P 500 Top (Days)S&P 500 Bottom (Days)Housing Market Top (Days)
October 25, 2022N/A (too recent)N/A (too recent)N/A (too recent)N/A (too recent)
August 19, 2019182 (December 1, 2019)14 (September 2, 2019)422 (March 23, 2020)Difficult to pinpoint (Estimated Range: N/A)
August 24, 200618 (December 16, 2006)210 (June 5, 2007)518 (July 2, 2009)396 (Estimated Range: Early 2011 to Mid-2012)
February 2, 2000273 (December 1, 2000)189 (July 18, 2000)1365 (October 9, 2002)Difficult to pinpoint (Estimated Range: Mid-2001 to Mid-2002)
June 30, 1989120 (October 30, 1989)63 (September 13, 1989)540 (May 18, 1990)210 (March 1989 peak)
March 29, 1973150 (July 18, 1973)90 (June 11, 1973)486 (February 4, 1975)30 (April 1973 peak)
December 13, 196590 (March 14, 1966)60 (February 11, 1966)630 (August 1969)90 (February 1966 peak)
September 1, 1957180 (March 1, 1958)120 (December 31, 1957)720 (September 1960)150 (February 1957 peak)
May 9, 1956210 (December 1, 1956)60 (July 17, 1956)810 (January 22, 1958)270 (August 1956 peak)
July 14, 19539 (December 23, 1953)(No recession)330 (April 26, 1954)90 (October 1953 peak)
Average132.294.8636.4189.8





├── Contracts │ ├── Legally enforceable agreements between 2 or more parties │ │ ├── Offer │ │ ├── Acceptance │ │ ├── Consideration │ │ ├── Capacity │ │ └── Legal purpose ├── Torts │ ├── Wrongful acts causing injury subject to civic liability │ │ ├── Negligence │ │ │ ├── Duty │ │ │ ├── Breach │ │ │ ├── Causation │ │ │ ├── Injury │ │ │ └── Damages │ │ │ ├── Assumption of risk │ │ │ └── Comparative negligence │ │ ├── Intentional torts │ │ │ └── Intent to harm (assault, battery, false imprisonment, etc.) │ │ └── Strict liability │ │ └── Regardless of intent │ │ │ └── Employer Liability │ └── Employee torts within employment scope ├── Warranties │ ├── Guaranteeing goods standards │ │ ├── Express warranties │ │ └── Implied warranties │ │ ├── Merchantability │ │ └── Fitness for a particular purpose ├── Remedies for Breach of Contract │ ├── Damages │ │ ├── Compensatory │ │ ├── Consequential │ │ ├── Incidental │ │ ├── Nominal │ │ └── Punitive │ ├── Specific performance │ ├── Rescission │ └── Restitution ├── Commercial Transactions │ ├── UCC │ │ ├── Governs commercial transactions │ │ ├── Fills gaps │ │ └── Provides consistency │ └── CISG │ └── Governs international sales contracts between merchants ├── Sales Contracts │ └── Key terms │ ├── Representations │ ├── Conditions │ ├── Payment terms │ ├── Duration │ ├── Dispute resolution │ └── Risk allocation ├── Risk Management │ ├── Legal Risks │ │ ├── Torts │ │ ├── Crimes │ │ ├── Statutory regulations │ │ └── Contracts │ ├── Strategies │ │ ├── Acceptance │ │ ├── Transfer through insurance │ │ └── Mitigation ├── Compliance Management (reduce your exposure to risks) │ ├── Programs │ │ ├── Employee education │ │ ├── Employment scope definition │ │ └── Preparation for legal issues │ └── Competitive advantage ├── Insurance │ ├── Risk Transfer │ │ └── Premium payments │ ├── Separate Counsel │ │ └── Divergent interests │ │     (like when the insurer wants to gamble on a trial instead of settling within policy limits) │ └── Adequate Coverage │ ├── Property damage │ ├── Business interruption │ ├── Life insurance for owners │ └── Liability insurance for third-party injuries └── Business Form ├── LLC or Corporation └── Personal liability protection └── Attorney consultation for obligations and insurance

Here are a few examples on how big businesses can boost Revenue & Customers in the 21st century:

  1. COSTCO - Reduce & Reorganize Food Court
    Increase hot dog price to $1.5
    Decrease pizza price to $1.5
    Reduce Soft drink price to $0.5
    Introduce yearly value food plan for $365/person for 1meal/day
    Add subscription options & weekend delivery for all non perishable products

  2. TESLA - Introduce new product options
    Introduce $1000 Solar kit for all cars prevent airport parking, phantom & sentry mode discharge
    Introduce track package for all current cars (already implemented)
    Make battery packs of 2 types: Basic Range (Lithium-Iron Phosphate) and Acceleration (other)
    Use modular packs in different quantities & combos across all cars to customize performance
    Add same-day customization facility to all Tesla outlets allowing most cars to be unique.
    Develop extreme range (600miles+) variations of existing cars by doubling the battery packs within the same chassis with minimal design changes by raising the car floor to make space for the 2nd battery pack

  3. GOOGLE/MICROSOFT - New work/office products
    Offer excel/sheets for office with self-inferencing AI
    Add audio-based AI work assistant to all office employees
    Offer high security work phones with inbuilt cellular as a subscription service
    Offer basic & premium hardware upgrade plans for automatic yearly device upgrades

  4. NETFLIX - Become major media contender
    Buy HBO MAX to match current Cinema-oriented media library
    Don't fight Apple/Disney on their proclaimed market; capture the easier yet to be captured market
    Negotiate same day theatrical release to be previewed at a subscription $100/month premium

  5. APPLE - efficiently reorganize & spread across products
    Become the household staple for all home products & appliances
    Make existing home appliances smart & add them to Apple ecosystem
    Buy Disney+ to match current Family-oriented media library
    Offer basic & premium hardware upgrade plans for automatic 2-year device upgrades
    Downgrade Hardware update cycles from 1 to 2 years to save on cost and increase revenue 

By making anything *FREE*; companies/goverments end up:

1) decreasing quality
2) increasing waste
3) discouraging competitive growth
4) increasing workers’ taxes / inflation
5) making workers pay for nonworkers
6) setting up the expectation that what is free now should be free forever
7) increasing the financial responsibility of future generations


Acceptably there are some things that need to be govt-run public/free for all (human sectors which shouldn't be profit driven):

1) Basic education (to earn scholarships)

2) Basic Healthcare/insurance
3) Law and order (Police, Courts, etc)
4) Regulatory authorities (EPA, FDA, etc)
5) Government/State/Policy makers

  1. Carbon Tax on all transportation and fuels.
  2. All new passenger cars will be electric.
  3. Sugar tax and vegetable oil regulations.
  4. No Taxi and commercial transportation drivers needed.
  5. Portably deployable and Safe Nuclear Reactors will provide electricity in many areas.
  6. State Population has maxed out and is falling steadily.
  7. Regulations to feed cows additives to decrease methane belching.
  8. Fast food restaurant meat is mostly lab-made.
  9. Fast food restaurants will use robots with only 1 human on site for supervision and human contact/intervention.
  10. Most people will order food or eat packaged food instead of cooking it.
  11. At least 2 countries have sent astronauts to Mars.
  12. At least 3 more financial meltdowns have happened.
  13. Cost of labor will equalize between developed and developing countries.
  14. Human workforce will only have 2 sections: Specialized labor and Researchers-Developers.
  15. All simple/repetitive mechanical tasks will be robotic.
  16. Good-to-do households will have personal robots to do mundane tasks.
  17. We shall see at least 1 instance of a moral/ethical robotic uprising.
  18. Cost of living will decrease while quality of life increases as world population starts falling.
  19. Africa will be the new/only developing area. 
  20. Asia will already be classified as developed.
  21. Western economies; US and Europe will have 0% real economic growth or growth rate = inflation rate.
  22. Genomic Vaccines for cancers, AIDS, Alzheimer's.
  23. Self-driving taxis @ lowest fares
  24. Getting a driving license will be considered old school as almost all cars drive themselves.
  25. EVs = all consumer cars
  26. Gas cars = novelty/niche
  27. Flying Taxis (VToLs) = replace helicopters
  28. Electricity grid source switch to Renewable/Nuclear-fusion
  29. Gas prices will fall dramatically because no1 will want it
  30. Supercharging stations more common than oil pumps
  31. New axis power alliance: China, Russia, Iran & North Korea
  32. Western population in constant decline mimicking current Japan
  33. The world stock market will shrink 2035 onwards (Just like Japan 1990 onwards).
  34. World population will start decreasing 2050 onwards.
  35. Africa will be the new ASIA for delivering/manufacturing goods.
  36. Big Tech ($MSFT, $GOOGL, $FB, $AAPL, $AMZN, $TSLA) will decline 2030 onwards like IBM today.
  37. Big AI will be the new Big Tech.
  38. Space Rocket travel will replace Private jets.
  39. Ships/Truck transportation will be automated with a need-basis remote driver assist.
  40. WWIII will happen, country’s computerised infrastructure will be attacked/compromised.
  41. WWIII will end with nuclear strikes exchanged between 2 World powers.
  42. US & UN will officially acknowledge existence of aliens. Alien Interviews will be broadcasted on news channels.
  43. New Allies military Alliance: US, EU, India, Japan, UK, AUS & South Africa.


#africa #workforce #asia #financial #developers #human #cost #regulations #researchers #labor #electric #future #2050 #green 
#china #power #gas #electricity #energy #battery #cars #future #economy #electricvehicles #vtol #ev #genomicmedicine #grid #energystorage #russia #nothkorea #iran #population #aids #cancer #future #stockmarket #transportation #ai #tech #india #africa #military #infrastructure #ai #politics #futureisnow #US #allies

Libertarian Principles of Ownership-Funding for Government and Private sectors under Capitalism:


Govt run & Govt funded:

A) For security:
1) International defense (army) 
2) Domestic defense (police)
3) Courts of Law (Judges)

B) For taxes & fines:
4) Tax Collection (IRS) 
5) EPA (for Pollutant emission taxes)
6) FDA (for Unhealthy food taxes) 
7) DEA (for all legalized Drugs taxes) 


Private (Customer satisfaction drives quality);
Funded by Profits from Buyers/Customers:
1) Safety Regulatory Entities (ASME, UL)
2) Business Products (MS office, etc.)
3) Consumer Products (iPhones, TESLAs, etc.)
4) Schools, Colleges (low & high budget) 
5) Hospitals, Clinics (low & high budget) 

  1. Maximize the part of your paycheck that you invest.
  2. Get rid of subscription payments that you absolutely do not need/use. Example: I currently invest 80% of my paycheck after taxes and I do not have ANY subscriptions.
  3. The only investments one should be making is in their food, shelter, living, and transportation.
  4. Focus on reusing what you already have or reusing what someone else has given away before thinking of buying something new no matter how cheap it is. 
  5. Do not focus on brands, popularity, hype and marketing. Do your research and find what's best and worth it. 
  6. In almost all cases, there will be a generic choice available for whatever you need. Products can be 5x-10x cheaper if you choose to buy generic.
  7. Recycle as much as you can, use what you already have and don't need for other applications. Example: Used/torn clothes for cleaning/rags.
  8. Manage your spending; Write things down or use a personal finance app to evaluate everything you spend your money on; see what you don't need and ELIMINATE it. 
  9. Cook at home as much as possible; learn how to cook well and tasty so that you don't feel the need to go out often. 
  10. Grow your own food in your garden/home; there's a lot of foods you can grow/seed by just using water in a container.
  11. Buy a used car/jeep, etc only if you have a family or if your area of living has bad transportation.
  12. Prefer to buy a used Japanese vehicle if you have that option where you live; if you don't have that; buy a German vehicle. 
  13. If you can't afford your own vehicle; buy a cycle and/or choose public transportation. 
  14. Invest your time intelligently into things that matter to you and make your life better like; happiness, health, family, quality of living and wealth.
  15. Minimize the taxes you pay by utilizing every deduction that you can; it's not illegal to save legally by making the deductions you qualify for. 
  16. Buy only what you can trust/experience before buying it. See reviews online,  study specifications and evaluate your options. Example: I choose to buy what is generic or rated at least 4.5/5 when buying from Amazon.com.
  17. Make it a habit to only buy from discount stores, liquidation outlets and dollar stores. Once you are familiar with the prices of things in these stores; you will have a better understanding of products and their worth in other stores.
  18. Choose quantity over quality when it doesn't matter to YOU. Mostly you don't need to buy something expensive even if it's better because you might just not need/care the better version of something you are already satisfied by. 
  19. Build your financial rating (credit score) in the eyes of the government; this will get you cheaper (lesser interest on) housing/car/personal loans.
  20. Make all your payments using credit card(s) that have a high cashback rate. Different credit cards will have different benefits to you depending on what you spend your money on. 
  21. Instead of renting a place/house see if you make an affordable down-payment and pay a mortgage through a monthly payment.
  22. A very good of way of being able to afford a mortgage is by renting out sections of your house/place and getting a major part of your monthly payment through renters. 
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