Economy – The Musings of the Big Red Car

An Exclusive Interview With Jerome Powell, Chairman Of The Federal Reserve Bank

Big Red Car — Fri, 18 Jul 2025 17:22:00 +0000

“Welcome, dear readers, and welcome, Mr. Powell. How goes things with you?” asks I. “You’re a bloody car? I thought this was a serious interview?” says him. “It is, Mr. Chairman. Let’s get into the main subject today — the tiff between you and President Trump 2.0 over interest rates. You do recognize President Trump […]

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Big Red Car An Exclusive Interview With Jerome Powell, Chairman Of The Federal Reserve Bank The Musings of the Big Red Car %%BLODDESCLINK%%

Chinese Currency Manipulation Explained

Big Red Car — Mon, 12 May 2025 01:35:28 +0000

China manipulates its currency, specifically the exchange rate between US dollars and the Chinese yuan/renminbi. They do it purposely and the whole world knows it though it appears the freaking global media does not understand it even minimally. Allow me to explain it. Wait, first, what exactly is the Chinese currency, Big Red Car? Yuan […]

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Big Red Car Chinese Currency Manipulation Explained The Musings of the Big Red Car %%BLODDESCLINK%%

Foreign Investment In China — A Telling Indicator

Big Red Car — Thu, 24 Apr 2025 17:14:12 +0000

Foreign investors provide a critical imprimatur of approval when they invest their money in China. Here is what the picture looks like over the past few decades. This graph shows the magnitude of foreign capital investment in China expressed as a percentage of China GDP. Why did it peak in 1993, Big Red Car? In […]

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Big Red Car Foreign Investment In China — A Telling Indicator The Musings of the Big Red Car %%BLODDESCLINK%%

Spotted Owl Soup — A Jobs Creator And Tariff Buster

Big Red Car — Tue, 22 Apr 2025 16:26:15 +0000

If you are of a certain age, you will recall the saga of the Pacific Northwest spotted owl — strix occidentalis caurina. This was the classic logging/timber/lumber v environmentalists controversy that castrated the lumber industry in the Pacific Northwest. It is an apochryphal environmental story and one that demonstrates the impact of regulation on industry […]

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Big Red Car Spotted Owl Soup — A Jobs Creator And Tariff Buster The Musings of the Big Red Car %%BLODDESCLINK%%

Non-tariff Barriers To Trade Because Tariffs Are NOT Enough

Big Red Car — Tue, 08 Apr 2025 00:40:28 +0000

If you have been following the events in the global economy since Liberation Day you have undoubtedly been confronted with many opinions as to the wisdom or folly of the actions of President Donald J Trump — the Tariff King/Emperor. Like everything in our complicated trade picture, there is far more than meets the eye. […]

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Big Red Car Non-tariff Barriers To Trade Because Tariffs Are NOT Enough The Musings of the Big Red Car %%BLODDESCLINK%%

Tariffs, A Little Context And Analysis

Big Red Car — Thu, 20 Mar 2025 13:49:52 +0000

Since President Trump’s inauguration — is it really still less than the first 100 days — there has been much talk of tariffs. Trump has threatened them, imposed them, modified them, and removed them. New concepts — such as “reciprocal” tariffs — have flooded the space. Tariffs are in play, baby. Trump 2.0 has made […]

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Big Red Car Tariffs, A Little Context And Analysis The Musings of the Big Red Car %%BLODDESCLINK%%

Some Thoughts On TARIFFS

Big Red Car — Wed, 16 Oct 2024 17:29:18 +0000

Tariffs — a tax or customs duty imposed by a country at its border on goods imported from another country — are wildly misunderstood and have come into the lexicon since their use by the Trump admin and during this presidential election campaign. They are not wildly understood, sort of like calculus, differential equations, and […]

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Big Red Car Some Thoughts On TARIFFS The Musings of the Big Red Car %%BLODDESCLINK%%

The Texas Stock Exchange

Big Red Car — Fri, 07 Jun 2024 14:44:52 +0000

The creation of a new “CEO friendly” and “un-woke” stock exchange to challenge the New York Stock Exchange and the NASDAQ has been festering for some time, but TXSE Group recently announced publicly its plans to apply to the United States Securities and Exchange Commission for permission to operate a stock exchange in Dallas with […]

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Big Red Car The Texas Stock Exchange The Musings of the Big Red Car %%BLODDESCLINK%%

Joe Biden’s Chinese Tariffs — I Approve This Action

Big Red Car — Tue, 14 May 2024 12:00:05 +0000

I usually disagree with all of Joe Biden’s economic policies which is the reason I am caught so off guard by one that I approve of: tariffs on a range of Chinese goods. Chinese – US trade has grown substantially since the 2001 inclusion of China in the World Trade Organization, a strategic blunder in […]

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Big Red Car Joe Biden’s Chinese Tariffs — I Approve This Action The Musings of the Big Red Car %%BLODDESCLINK%%

Non-Competes Are Dead?

Big Red Car — Thu, 25 Apr 2024 15:31:25 +0000

Comes now the Federal Trade Commission with a new self-generated rule (meaning not the result of Congressional legislation) killing non-competes in the workplace except for senior employees making more than $151,164 — no idea what that number comes from — and who are part of the employers’ policy making process. This has been brewing for […]

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Big Red Car Non-Competes Are Dead? The Musings of the Big Red Car %%BLODDESCLINK%%