by | October 6, 2024 · 5:15 pm

Free speech is the bedrock of Democracy. That`s why we have the first amendment, and the second amendment is there to make sure we have the first amendment

Donald Trump had a rally in Butler, Pennsylvania this weekend, and he surprised the audience with Elon Musk on the stage. Musk made a strong endorsement of Donald Trump, casting the 2024 election as a pivotal moment for the future of American democracy.

Musk claimed that if Trump does not win, this could be «the last election,» positioning the election as a dire turning point for the country.

He also introduced himself humorously as «Dark MAGA,» suggesting an even more intense version of Trump`s «Make America Great Again» slogan.

As you may know, Elon Musk acquired Twitter and changed the name to X. Some people liked that, but others hated him for that. But why? Who are these people?

Musk`s speech focused on concerns about freedom of speech, the right to vote, and the Second Amendment, criticizing Democrats for attempting to curb these rights.

We now know that they are both working hard to try to Make America Great Again. Trump is fighting against the rotten system at the top of the pyramid. It`s about 10 percent, and many of them are unelected bureaucrats and leaders.

This is why we often hear Trump say: «Drain the Swamp.» And Elon Musk is joining Trump in the same boat. They both fight for freedom. And this is why Elon Musk spent a lot of money to acquire Twitter.

“Drain the swamp” is a political slogan popularized by Donald Trump during his 2016 presidential campaign. It refers to the idea of eliminating corruption, inefficiency, and special interests in Washington, D.C. The phrase implies that the federal government is like a swamp, filled with entrenched political elites, bureaucrats, and lobbyists, and that by “draining” it, the system can be cleaned up and made more accountable to the American people. It has since been used by various political movements to advocate for reform and transparency.

Free speech is the bedrock of Democracy. That`s why we have the first amendment, And the second amendment is there to make sure we have the first amendment, Trump must win to preserve the Constitution. He must win to preserve the democracy in America, This is a must-win situation, Musk said.

The First Amendment to the United States Constitution protects several fundamental rights. It prohibits Congress from making laws that infringe on the freedoms of religion, speech, the press, assembly, and petition. This means individuals have the right to express themselves freely, practice their religion, and gather peacefully, as well as to criticize the government without fear of retaliation. The amendment is a cornerstone of American democracy and plays a crucial role in protecting civil liberties.

The Second Amendment to the United States Constitution protects the right of the people to keep and bear arms. Ratified in 1791, its full text states: “A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.” The amendment has been the subject of extensive legal and political debate, particularly concerning gun control and individual rights versus collective security.

The idea is that the people have the right to protect themselves from tyranny.

For example, the Nazis implemented gun control measures that disarmed many groups in Germany. After coming to power in 1933, the regime imposed strict regulations on firearm ownership. Laws were enacted that restricted access to guns, particularly targeting Jews and political opponents.

The Nazis believed that disarming these groups would reduce resistance to their regime. These measures were part of a broader strategy to consolidate power and eliminate dissent, which ultimately contributed to the regime’s oppressive policies.

They probably knew it was coming when they made the U.S. Constitution.

The United States Constitution was drafted in 1787 during the Constitutional Convention in Philadelphia. It was signed on September 17, 1787, and ratified by the states in 1788, officially going into effect on March 4, 1789. The Constitution established the framework for the U.S. government and remains the supreme law of the land.

The United States Constitution is the world’s longest-surviving written charter of government. Its first three words – “We The People” – affirm that the government of the United States exists to serve its citizens.

The supremacy of the people through their elected representatives is recognized in Article I, which creates a Congress consisting of a Senate and a House of Representatives. The positioning of Congress at the beginning of the Constitution affirms its status as the “First Branch” of the federal government.

For over two centuries, the Constitution has remained in force because its framers successfully separated and balanced governmental powers to safeguard the interests of majority rule and minority rights, liberty and equality, and of the federal and state governments.

More a concise statement of national principles than a detailed plan of governmental operation, the Constitution has evolved to meet the changing needs of a modern society profoundly different from the eighteenth-century world in which its creators lived. To date, the Constitution has been amended 27 times, most recently in 1992. The first ten amendments constitute the Bill of Rights.

After Musk`s takeover of Twitter (now X) in October 2022, he revealed many bad issues and made significant changes. One of the most important things he did was to look at the Twitter files.

Musk allowed journalists to access internal documents, referred to as the «Twitter Files,» which revealed how the company had handled certain high-profile controversies, including political censorship, content moderation, and decisions to suppress certain news stories. These revelations stirred debates about free speech and platform bias.

The revelations and subsequent changes Musk made have had a lasting impact on the platform`s functionality, user engagement, and its broader role in public discourse.

This is the most important election of our lifetime, Musk said. This is no ordinary election, he said. The other side wants to take away your freedom of speech. They will take away your right to have guns. They will also take away your right to vote, he said.

Elon Musk emphasized the importance of voter turnout, urging the crowd to vote. They have only 48 hours to register to vote in Georgia and Arizona. Two weeks for Pennsylvania. Elon Musk predicted that this would be the last election if people didn`t vote.

People on the other side hate Donald Trump and Elon Musk, and legacy media are telling you all that they are both a threat to Democracy. So, who do you want to vote for? Swamp or Trump?

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | October 4, 2024 · 4:11 pm

Economists expected slower growth, but these numbers indicate that the U.S. economy continues to perform well

YouTubers are full of negativity. Recession is near! Be ready! This is scary! Sell your stocks! The economy is bad! Well, everything isn`t good, but the growth in the U.S. is still very good. Just take a look at the numbers.

More good news came out earlier today. The U.S. job market in October 2024 has shown surprising strength, with 254,000 new jobs added in September. Far exceeding expectations. This strong growth brings the unemployment rate down to 4.1% (which is relatively low historically), and hourly wages are growing at an annual rate of 4%.

Economists expected slower growth, but these numbers indicate that the U.S. economy continues to perform well, and there’s optimism about avoiding a recession. However, voter sentiment still lags, as many remain concerned about inflation and the broader economic outlook

Not only the U.S. stock market is going up. Take a look at the China Stock Market. The China Stock Market has gone down and sideways for about 18 months but took back that downturn within a couple of weeks. This is amazing.

The recent surge in China’s stock market over the past two weeks is likely driven by several factors, including improved investor sentiment, government stimulus measures, and better-than-expected economic data. China’s government has implemented policies to stabilize the property sector, cut interest rates, and support industries, encouraging domestic investment.

Additionally, optimism about easing geopolitical tensions and a potential economic rebound is fueling this upward momentum. However, concerns remain about long-term growth and regulatory uncertainties, which could influence future market performance.

But China is not alone. ECB is doing the same. BOJ is doing the same, and so is the FED among many others. New money is coming into the stock market, and the stock market continues to climb higher.

The massive printing of $21.17 trillion by the U.S. and other central banks, mainly in response to crises like the pandemic, significantly increased liquidity in the global financial system. This money printing was aimed at stimulating economies, propping up financial markets, and providing emergency relief. However, it also led to inflationary pressures as too much money chased too few goods.

The excess liquidity fueled asset bubbles raised debt levels and forced central banks to later tighten policies to combat the resultant inflation. Balancing liquidity while avoiding hyperinflation remains challenging.

The U.S. most recently engaged in significant money printing during the COVID-19 pandemic, particularly in 2020 and 2021, through measures such as the Federal Reserve’s Quantitative Easing (QE) program.

As of July 2024, the M1 money supply (monthly supply) in the United States stood at approximately 18 trillion dollars, marking a significant decrease from the previous year. This decline followed a notable contraction in the M1 money supply during the latter half of 2022 and the first six months of 2023.

The Fed injected trillions of dollars into the economy by purchasing government bonds and mortgage-backed securities to maintain liquidity, lower interest rates, and stimulate growth. By mid-2021, the Fed had expanded its balance sheet by over $4 trillion. However, exact figures for ongoing or current printing efforts are often adjusted depending on economic conditions.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | September 27, 2024 · 6:00 am

The U.S. economy is in a relatively healthy state in 2024

Nearly everybody is talking about a recession. Everything will collapse they say. Let me tell you what recession is. It is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

The U.S. economy is far from a recession. Not even near.

The U.S. economy grew at an annualized rate of 3,0% in the second quarter of 2024. This robust growth exceeded earlier estimates of around 2,4%. The key drivers behind this stronger-than-expected growth were increases in consumer spending, particularly on durable goods, and services, and business investments in equipment, and structures. Additionally, private inventory investment provided a significant boost to GDP.

While the growth is positive, it`s not without some areas of weakness. This 3,0% growth signals resilience in the U.S. economy despite challenges such as elevated interest rates, and inflation, which have been moderating but still present pressures on households purchasing power. Residential fixed investment, which includes housing construction, continued to decline.

The growth in Q2 reflects a strong performance compared to previous quarters, suggesting that the U.S. economy is in a relatively healthy state in 2024. So, while growth is solid, there are still headwinds related to inflation and specific sectors of the economy like housing.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | September 26, 2024 · 6:06 am

Productivity isn`t everything, but in the long run it is almost everything

I want to follow up my article from yesterday. It`s about Germany which has a huge problem with GDP at -0,1. Aging population. Lack of innovation, investments, R&D, and growth. But Germany is not the only country with problems like that.

Many countries in the world have the same problems. But there is a great solution to this problem, and Paul Krugman wrote about it in his book, «The Age of Diminished Expectations.» He said; «Productivity isn`t everything, but in the long run it is almost everything.»

Productivity is a foundation of prosperity, and the only way a country can raise its standard of living sustainably is to produce more with existing or fewer resources. You cannot do that without improving productivity. It`s that simple, Gita Bhatt wrote in an article at IMF.

We know that productivity must play a more important role in driving sustained growth as our societies age. But there`s no consensus on how to reverse the broad slowdown in productivity growth seen across almost all countries over the past 20 years.

Especially vexing is the sluggish growth of what economists call total factor productivity. A way of measuring how efficiently businesses turn capital and labor into output. The part that basically captures innovation and technology.

Slower gains in total factor productivity account for more than half the deceleration in economic growth since the global financial crisis, IMF-analysis shows. Another decade of weak productivity growth could seriously erode living standards and threaten financial and social stability.

Small companies can drive productivity gains, writes the University of Chicago`s Ufuk Akcigit. He shows how small firms are more innovative relative to their size, suggesting that they use R&D resources more efficiently.

As companies grow and dominate their markets, they often shift to protecting their market position, rather than fostering innovation, he said.

Policies matter too. Measures should encourage more effective reallocation of resources away from low-productivity firms and support smaller businesses and start-ups. Not just large incumbents. This could include targeted tax credits, grants for early-stage innovation, workforce retraining, and policies that encourage competition and reduce barriers to entry for new players.

Understanding productivity growth more fully is crucial because it plays such an outsize role in economic growth, which, as Daniel Susskind of King`s College London writes; also demands a renewed approach to help improve people`s lives.

Ultimately, as Nobel laureate Edmund Phelps writes; a productive society should allow people to enjoy «mass flourishing» from the grassroots up.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | September 25, 2024 · 10:50 am

Germany enjoyed the so-called «Wirtschaftswunder,» (economic miracle) but that has come to an end

For decades, Germany was synonymous with economic strength. Ever since World War II, it enjoyed the so-called «Wirtschaftswunder,» or economic miracle that followed the postwar recovery, which blessed Germany with almost four decades of high growth.

High growth thanks to German engineering, and manufacturing industries. The economic growth eventually slowed down, but Germany had established itself as the industrial heart of Europe, fueled by exports of products with large margins like cars machinery, and chemicals.

Companies like Volkswagen, BMW, Siemens, and BASF became global leaders with German products seen as pinnacles of quality and reliability. As a result of all that, people in Germany enjoyed high salaries, and high quality of life.

Their economic model was built on a few key pillars; strong manufacturing base. A highly skilled workforce, commitment to quality, and very strong exports. But this has come to an end. Last year, Germany was the only G-7 economy to shrink. It`s also the group`s slowest-growing economy with a growth to GDP at -0.1%.

It goes up and down. Down -0,5, up 0,1, down, 0,1, up 0,2, down -0,4, up 0,2, and then down again to -0,1.

Picture: Old economy vs New economies

Germany, long considered the economic engine of Europe, is currently facing significant challenges, leading to concerns that its economy may be stalling or «broken.» What in the world is happening in Germany, and what are the key factors that are affecting their economy right now?

It`s an energy crisis. Germany was dependent on Russian Gas. Germany relied heavily on Russian natural gas before the war in Ukraine. The subsequent sanctions and supply disruptions have led to a severe energy crisis, pushing up prices and harming energy-intensive industries like chemicals, manufacturing, and heavy machinery.

They also have a green transition challenge. Germany is trying to transition to renewable energy, but the shift away from nuclear and coal has left the country vulnerable during this energy crunch. This has increased costs for businesses and households, causing slower growth.

Germany`s economy is heavily reliant on exports, especially in industries like automotive and machinery. Global demand has softened, and supply chain disruptions from the COVID-19 pandemic continue to affect production.

The German auto industry, in particular, has been slow to transition to electric vehicles compared to competitors like Tesla, and Chinese manufacturers. This lag is putting pressure on a key pillar of the country`s economy.

Germany`s economy narrowly avoided recession in early 2023, but growth remains sluggish. High inflation and low consumer spending have contributed to weak economic activity. The combination of rising wages, energy prices, and inflationary pressures has increased production costs, leading to reduced profitability for businesses.

On top of that, you have an aging population. Germany`s population is aging rapidly, and the working-age population is shrinking. This is leading to labor shortages in key sectors and higher social welfare costs, creating long-term economic challenges.

In addition; they have migration struggles. While the country has relied on immigration to fill gaps in the labor market, recent shifts in public sentiment and policy restrictions have made it harder to sustain this approach.

Their biggest companies have been there for about 100 years, but there is a shift in the market. Germany has been criticized for lagging behind in digitalization and innovation, particularly in fields like AI and tech start-ups. This is reducing its competitiveness in the global economy.

Another problem is Germany`s heavily regulated business environment and complex bureaucracy. This can stifle innovation and make it harder for new businesses to scale up.

Like many others, Germany has trade challenges and the global demand is weak. As the global economy faces uncertainty, especially with China`s slowing growth, demand for Germany`s exports has dropped.

Germany`s economic model has long been dependent on strong export markets, so this is a major issue!

At least; EU Tension. Economic divergence within the European Union, especially between northern, and southern European economies, adds another layer of complexity, affecting Germany`s trade relations within the bloc.

It all started in France. Yellow Vest protesters went to the streets for months and years and protested against higher oil prices, electricity bills, and expensive toll stations. Their standard of living was shrinking.

This happened at a time when Donald Trump was cutting taxes and made the best economy in the U.S. ever. People in France asked for a Trump-like figure, but everything has gone straight up since then, and now we see severe problems in Germany and other places.

Picture: Yellow Vest protesters against high oil prices and low standard of living

This is happening at a time were productivity in the U.S. is great. Germany`s productivity is down -0,1%, while the productivity in the U.S. is up 3%. They are the best. They are at the top of the list! Even better than China! And the stock market goes up. Wow!

Germany`s economy is not «broken,» but it is facing severe challenges. Energy costs, inflation, global demand weakness, and structural issues in key industries like manufacturing are causing slower growth.

Long-term concerns like demographic changes and lagging investment in innovation also threaten future competitiveness. While these challenges are significant, Germany has strong economic fundamentals and could recover with strategic reforms and investments.

However, the current climate is tough, and the country is at a critical point in addressing these issues. Germany is in trouble.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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