Tue, 15 August 2017
The sharing economy has not been born solely out of efficiency, it's also largely a matter of necessity. Declining incomes and profits make it a major money saver for the shrinking middle class. Whether it's AirBNB for travel, Uber to get where you're going or Citibikes to use a bicycle in the City, it just makes so much sense. And we haven't seen anything yet. It's going to really take off soon once self-driving cars really hit the market. |
Tue, 15 August 2017
New trade figures from the Department of Commerce show the U.S. international trade picture continues to deteriorate. The U.S. trade deficit in June hit $43.6 billion, almost the same as the June level last year of $43.8 billion. But for the first half of this year, at $276.6 billion, the trade deficit is 10.7% worse than the year-ago figure. We are now on track for an annual trade deficit this year of some $550 billion, which would be the highest deficit since 2008. That’s some 2.8% of our GDP, a substantial contractionary force in the economy. If that spending were going towards U.S. goods and services instead of foreign goods and services, it would create more revenue, more jobs, more profit, and more investment inside the U.S. instead of overseas. |
Tue, 15 August 2017
Titus Gebel is an entrepreneur who's attempting to further the concept of Free Private Cities, an idea who's time has come. Rather than your rights springing forth from a government edict or constitution, they are derived from a contract with the profit making free private city. Your duties are clearly spelled out as are their's. If you don't like the place, you can leave. It would be a libertarian haven for all. It's time to try another system for human beings to peaceably and productively live and interact together. This seems better than most. In places where parts of the concept have been adapted, success has been the rule. Imagine the Free Private City of Detroit. |
