Steve’s Barking; Question of the day. Where is all this money coming from?

 This blogger, not being the smartest guy in the world, doesn’t understand where all the money is coming from to build these AI data centers. I keep reading that Alphabet, Meta, SpaceX, and several new companies are going to need billions and billions of dollars, equaling trillions of trillions of dollars. Now I know that assets and debt equal over 45 trillion dollars, maybe more, but what I don’t understand is how can you turn assets and debt into liquid assets? Are the banks suddenly printing money, or have they been hoarding the billions? Are those with retirement money suddenly going to have money to go crazy and help finance these billions of dollars the AI data centers need?

 Speaking of money, who has that kind of money to invest in SpaceX IPO that values it over a trillion dollars? 

 I’m just not smart enough to figure it out.

Steve’s Barking; What me worry about birh rate

 Oh no, this crazy blogger is now saying that despite what the doom-sayers are shooting about, we shouldn’t be scared of lowering birth rates. We should be worrying about the sustainability of humans with the depletion of resources that we need to survive.

Steve’s Barking; Stock prudence wrong ( 6/5/2016)

 I kept hearing that the stock market was waiting for the job report. The assumption was that if the jobs report was good ( it great) stocks would go up, so as of 11am the stock market is down. Go figure 🤫

Steve’s Barking; Upper Middle class Democratic Socialist

  It has come to my attention that those who run and our in office are upper middle class. 

 It seems to me that they or the spouses make or have assets that put them in the upper middle class.

 The mayor of New York has land in Uganda that’s worth from reports upwards of a quarter of a million dollars.

 The  Democratic Socialist representative from Minnesota reported, then said no to at least a million dollar income.

 My ex representative from the Bronx and Queens hasn’t married her finance, so no one knows what she’s really worth.

 In my foolish mind I could care less. If they want to be the torch bearers for the lower income Americans so be it.

 My problem with the hiding of wealth by Democratic Socialists is the trust worthiness of these politicians. Hiding their income and or assets.

Steve’s Barking; The U.S should tax the rich more.

 I’ve been reading that the United States deficit has become runaway. This being true the logical thing to do is raise taxes or cut spending. We’re are we going to cut spending? Weaken the defense? Health care to make the country sicker. Housing subsidies to make the U.S. look like a third world country with millions more living on the streets. Cut government workforce? We doing that and from this crazy blogger’s point a view it has made a not to efficient government, even less efficient.

 The next thing to bring about a reduced deficit is to raise money. Now I ask myself how do you raise money if you’re the government? Well I guess you have to do the unthinkable to raise taxes.  

 Should you raise taxes across the board? Well the poor have no money, and if you raise taxes among the middle class there’s a good chance that they would become poor. 

 In my crazy mind the United States government should raise taxes on those who presumably could afford it the most, the rich, who while they may not be to enthusiastic about that, they would be doing the patriotic thing and and pay more in taxes. It may even be away to help preserve their riches (wtf).

  

 

  

 

Steve’s Barking; Is the U.S. military stock pile of arms a joke?

  This ignorant blogger has no idea if this is true, but there are reports in the press that the United States is running low on munitions because of the Iranian war. 

 Now as far as I can tell, this was an extremely short, intensive bombing, and even if there is more intensive use of munitions, it should not be a major depletion of munitions that the press lays claims to. If it is, then the United States military is seriously unprepared for combat.

Steve’s Barking; Fall of gas prices good 👍🏾or maybe bad 👎

 What is this crazy blogger? Of course, the price of gas going down is great. Just think if the fall in the price of gas means that the people have more money to spend on goods, services, and investing.  Not only that, the price of goods should come down, and profits should go up because the price of gas would decrease the cost of delivering goods.

 Ah, but what if the price of gas collapses because there is no demand for gas because there is a deep recession and no one has the ability and the need to buy gas?

 One can make the case that the recession is caused by the high price of gas and that if gas becomes cheaper, therefore, the recession would be short-lived. 

 This foolish blogger is not positive that this would happen. Fear and possibly recent economic shock may have the unwillingness to spend. Business may even be afraid of higher back payments for those who were laid off.