Podcast
by
JW
by
JW
by
David Collum
In the Big Rock Candy Mountains,
The jails are made of tin.
And you can walk right out again,
As soon as you are in.— Harry McClintock, Big Rock Candy Mountain (1928)
Fresh from releasing his exhaustive and excellent Year In Review last week, Dave Collum sits down with Chris to discuss the key developments of 2012 in detail.
David Collum: We’re Headed for a Showdown
by David CollumIn the Big Rock Candy Mountains,
The jails are made of tin.
And you can walk right out again,
As soon as you are in.— Harry McClintock, Big Rock Candy Mountain (1928)
Fresh from releasing his exhaustive and excellent Year In Review last week, Dave Collum sits down with Chris to discuss the key developments of 2012 in detail.
by
JW
by
threemealsfarm
Many months ago, we learned about growing fodder for livestock (Growing Sprouted Fodder for Livestock) and how large-scale systems are being developed to reduce animal feed costs, provide better nutrition for animals, and reduce the amount of water needed to produce said feed. The small-scale commercial systems looked great, but the upfront costs and production level were simply too high to justify such a system for a small homestead like ours. We started to look for other options and ways of producing our own fodder at a lower initial cost.
This article details our current process and success at creating a system that can meet the needs of small backyard farmers and homesteaders. For less than $70 in initial setup costs, we have developed our own little home system that is surprisingly time-efficient and effective.
DIY Home Fodder System
by threemealsfarmMany months ago, we learned about growing fodder for livestock (Growing Sprouted Fodder for Livestock) and how large-scale systems are being developed to reduce animal feed costs, provide better nutrition for animals, and reduce the amount of water needed to produce said feed. The small-scale commercial systems looked great, but the upfront costs and production level were simply too high to justify such a system for a small homestead like ours. We started to look for other options and ways of producing our own fodder at a lower initial cost.
This article details our current process and success at creating a system that can meet the needs of small backyard farmers and homesteaders. For less than $70 in initial setup costs, we have developed our own little home system that is surprisingly time-efficient and effective.
by
JW
by
JW
by
charleshughsmith
Executive Summary
- A rising dollar would negatively impact stock market profits and valuations
- Interest rates ultimately will rise, and that will be a game-changer
- Investors will eventually realize that "risk-free" assets (e.g., U.S. Treasurys) are NOT safe havens
- Why there will be few places for financial capital to find shelter in 2013
If you have not yet read Part I: The Structural Endgame of the Fiscal Cliff, available free to all readers, please click here to read it first.
In Part I, we covered the basics of wealth and political power in the U.S. and found that the Fiscal Cliff is only a symptom of a structural endgame in which the imbalance between what has been promised and what can be collected in taxes will continue growing until it triggers a financially driven political crisis that I believe will inevitably become a full-blown Constitutional crisis.
Though there are many facets of this long-term political crisis that are worthy of further exploration, we will to start with three financial aspects that could start impacting households in 2013: a rise in interest rates and a resultant destruction of bond valuations, a rise in the U.S. dollar that negatively impacts U.S. corporate profits and thus stock market valuations, and a reduction in upper-income households’ spending as a result of higher taxes that depress discretionary consumer spending.
A Rising Dollar Negatively Impacts Stock Market Profits and Valuations
Let’s start with a topic that I have covered in depth over the past year, the structural reasons behind the rise of the U.S. dollar (USD). The recurring fantasy that Europe’s fiscal and debt crises are “fixed” and the Federal Reserve’s money-printing/Treasury bond purchases have recently depressed the USD, but in the longer term, the USD has been tracing out an unmistakably bullish pattern of higher highs and higher lows since May 2011…
What Will Happen When We Hit the Cliff
PREVIEW by charleshughsmithExecutive Summary
- A rising dollar would negatively impact stock market profits and valuations
- Interest rates ultimately will rise, and that will be a game-changer
- Investors will eventually realize that "risk-free" assets (e.g., U.S. Treasurys) are NOT safe havens
- Why there will be few places for financial capital to find shelter in 2013
If you have not yet read Part I: The Structural Endgame of the Fiscal Cliff, available free to all readers, please click here to read it first.
In Part I, we covered the basics of wealth and political power in the U.S. and found that the Fiscal Cliff is only a symptom of a structural endgame in which the imbalance between what has been promised and what can be collected in taxes will continue growing until it triggers a financially driven political crisis that I believe will inevitably become a full-blown Constitutional crisis.
Though there are many facets of this long-term political crisis that are worthy of further exploration, we will to start with three financial aspects that could start impacting households in 2013: a rise in interest rates and a resultant destruction of bond valuations, a rise in the U.S. dollar that negatively impacts U.S. corporate profits and thus stock market valuations, and a reduction in upper-income households’ spending as a result of higher taxes that depress discretionary consumer spending.
A Rising Dollar Negatively Impacts Stock Market Profits and Valuations
Let’s start with a topic that I have covered in depth over the past year, the structural reasons behind the rise of the U.S. dollar (USD). The recurring fantasy that Europe’s fiscal and debt crises are “fixed” and the Federal Reserve’s money-printing/Treasury bond purchases have recently depressed the USD, but in the longer term, the USD has been tracing out an unmistakably bullish pattern of higher highs and higher lows since May 2011…
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