Finance Topic

[Since the last post was long, distressing, and depressing, full of stuff that I wanted to record, this post will be short. The other one took me many days (2 weeks) to organize and still I was not happy – very emotionally draining as I worry what America is becoming.] Harley Davidson is in the…

Sick of winning yet? This week there has been quite a few articles about the tariff war we’re heading towards. I am no economist but my understanding of history in regards to protectionist trade wars is that such wars hurt the economy. We suffered such protectionist trade wars during the ‘30s which might have prolonged…

Why would anybody outsource elderly care to a private equity firm? Private equity firms do not have health care expertise; their expertise is in extracting cash out of a business. They don’t really offer any innovative solutions and instead rely on loading up companies with debt. In this day and age of constant disruption, that’s…

Just came across some more articles on what the tax cut is doing for us. Harley Davidson, whose mission is “fulfilling dreams”, is setting aside its tax cut for the expense of outsourcing jobs to Thailand and giving money (and plus more) back to the shareholders via stock buybacks. Nothing in there about hiring more…

“To be in retail now, you need to be unique; you need to offer something you can’t get online. And typically private equity firms tend to cut back,” Josh Kosman, author of The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis, told BuzzFeed News. “They’re not improving their stores and…

It’s time to assess the impact of that tax cut that was heralded at the end of last year. The Republicans predicted that the tax cut would generate growth and trickle down to improve the living standards of the general population via renewed investments. They even said everybody would see the tax cuts in their…