(00:00.386) God willing someday, someday I hope to have grandkids. I do, I hope to have grandkids and my grandkids are gonna come and they’re gonna talk to me about their homework, business homework, economic homework, and we’re gonna discuss one of the greatest, we’re gonna argue one of the greatest economic policy errors of […]
(00:00.812) What does China make? How much do they take? NASA Nicholas Taleb put this out and again, he’s using San Francisco fed data. On average for goods sold in the United States that are made in China for a hundred bucks, China gets 12%. The rest, the 88 bucks design, shipping, wholesale. retail, branding, […]
(00:01.398) Nilf, what’s a Nilf? Unemployed versus the Nilf. Nilf is not in the labor force. Why wouldn’t somebody be in a labor force? Why don’t I have to be? Because we’re giving away lots of stuff. years and years and years ago, I wrote a piece called Drug Pusher and took a lot of […]
(00:00.684) The wonderful, miraculous supply chain. That’s right. I just said it. The wonderful, miraculous supply chain. One point that I often make is again, my, look at the world and so many ways, whether it be nature or whether it be the free market. And I look at it with amazement, with wonder. I […]
(00:00.728) Free trade or die? Yeah, take off a little live free and die. How about free trade or die? Yeah, I went off on a mega rant yesterday. My intolerance for bull excrement. I also have a little patience when people throw out little historic. tidbits here and there and they start talking about […]
(00:00.91) What do you do when your portfolio is caught in a riptide? When I was a kid, our family, we used to load up the van. My dad had a platform in the back of our van so we could put luggage underneath and some on the roof. And we would have a little […]
(00:00.992) Market crash and tariff liars. I was very angry this past week and I use this sub-reference a lot from Godfather 1. Michael Corleone basically addressing his brother-in-law telling him, you know, don’t lie to me, okay? Don’t insult my intelligence. It makes me very angry. We at Markowski Investments, we… We ourselves. Pride […]
(00:00.372) The best way out is through say poem a servant to servants by Robert Frost. I don’t know how I remember some of this stuff from like ninth grade English class, but I do. The best way out is through and that’s quite frankly, that’s it. There’s no shortcuts. I don’t have any answers […]
(00:00.558) 500 % tariffs on Russia. Now many people say, see this and they say, yes, go get them, stick it to Putin, get them. Okay, I get it. These are some anti-Russia sanctions and you wanna call this the nuclear option in case Moscow decides that it refuses to sign on to. the various […]
(00:01.022) Attack of the Tariff Man. yeah. So I was minding my own business. Yesterday, four o’clock, my daughter had a game. So I’m going to watch my daughter’s game. Obviously had the little AirPods in listening to Trump’s announcement. Liberation Day. And I’m listening. And again, I don’t think I’ve ever seen anything like […]
