『Paulitical Economy™』のカバーアート

Paulitical Economy™

Paulitical Economy™

著者: Paul Musson
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A snapshot of what’s going on in the world’s economy.

© 2025 Paulitical Economy™
政治・政府
エピソード
  • Post 324
    2025/07/14
    • US booze companies see impact from tariffs.
      • First positive and then negative.
    • Nike has not grown its sales for seven straight quarters.
      • And just experienced its largest sales decline so far.
    • Cocoa bean prices are very volatile and near historic highs.
      • A look at the world’s largest chocolate manufacturer.
    • Hershey sales are suffering.
      • As is its profitability as the high cocoa bean price bite.
    • A look at how growth in household wealth is only partially a reflection of growth in capital being produced in the economy.
      • And how the vast majority of wealth is held by the top 10%
    • In Financial Ructions:
      • We zero in on the equities and mutual funds part of household wealth.
        • And try to get a sense of how much real wealth has been created since 1989.
          • Spoiler alert, a lot less than the headline numbers.
    • Book review:
      • In our book review of The Way The World Works we look at two chapters:
        • In chapter 4 he looks at capital and reminds us that the increased capital production during wartime does not contribute to a flourishing economy.
        • In chapter 5 he looks at what leads to greater productivity and how well-intended government actions can detract from the wealth of society.


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    29 分
  • Post 323
    2025/07/08
    • Florida is one of the weakest housing markets in America.
      • But prices are still sky-high compared to pre-COVID
    • Nationally, sellers outnumber buyers by half a million.
      • Prices are falling in some areas, but even with prices falling many will remain priced out of the housing market.
    • America’s largest home builder’s sales are accelerating downward.
      • The issue is affordability constraints, but it’s not about mortgage rates.
    • Tesla’s car deliveries fall for the second straight quarter.
      • Robotaxi to the rescue?
    • The Canadian government has rescinded its proposed digital services tax.
      • This is good news for Canadians.
    • US jobs numbers appear to be a mixed bag.
      • But the number of government workers are finally falling.
    • Microsoft lays off more employees.
      • But its share price continues to soar.
    • A look at the wealth of Amazon’s Jeff Bezos and how he achieved it.
    • In Financial Ructions:
      • Social Security in the US will be insolvent in 8 years.
        • And the cost of making it solvent has continued to increase as policymakers perpetually kick the can down the road.
          • Refusing to make tough but necessary decisions.
      • A look at what has been influencing stock market valuations.
    • In our book review of the Way The World Works we look at the economic law of supply and demand and how things happen at the margin.
      • And how the best political leaders don’t take criticism personally but rather as a way to understand the struggles of the electorate.


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    42 分
  • Post 322
    2025/07/01
    • Carnival continues to ride the wave of higher prices.
    • General Mills sales are declining
      • But would be a lot worse if not for their pet business.
    • Yet, JM Smucker’s pet division had a double-digit sales decline.
      • And a look back.
    • Airliner JetBlue is seeing declines in air travel.
      • Its share price has been a 25-year disaster.
    • Student loan delinquencies in the US are soaring.
      • And government workers have a sweet deal.
    • Insolvencies in Canada fell in April.
      • We may finally be getting to a level that is less influenced by government.
    • Jobs growth in Canada has been nonexistent since January.
      • The unemployment rate is the highest in 9 years.
    • No Financial Ructions this week.
    • In our book review of The Way the World Works, we look at the age-old issue of how much wealth should be redistributed.
      • And the importance of relying on a sound system rather than hoping the right leader happens to come along.
      • Low taxation, a strong currency and the rule of law lead to economic prosperity.
        • We’re currently moving in the wrong direction.



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    26 分

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