Month: March 2021

Fixing housing

Regulation of housing introduces more nightmares than it solves. Rent control eliminates used inventory. Building regulations limit new inventory.
Solve it by changing the laws to allow new buildings of all sorts, especially very small and cheap apartments. And by getting rid of rent control.

How to tell if someone is lying

Each yes answer to one of the questions below increases the likelihood someone is lying to you:

Does the person have a history of lying?

Does the person have something to gain by lying to you? IE are they selling something?

Is the person a politician? Politicians almost always have something to gain by lying or exaggerating or not telling the whole truth.… read more “How to tell if someone is lying”

H&M Stores Shuttered in China as Backlash Over Xinjiang Grows – Bloomberg

https://www.bloomberg.com/news/articles/2021-03-27/h-m-stores-shuttered-in-china-as-backlash-over-xinjiang-grows

Why does any business do business in China while the communist party is in power? Not only is it evil to do business with a dictatorship that enslaves a billion people, but it’s stupid and unprofitable to do business in a country that has screwed over every foreign business that has tried to invest.

Prediction

If you’re planning on buying anything, buy it now. Currently 10% of world trade is bottlenecked at the Suez canal. West Coast ports of the United States are also operating at a fraction of their capacity due to covid restrictions.

We are about to see more shortages and big price increases.