Richard Field

For all those PhD Economists who blocked me on twitter because they found my comments on #transparency hard to take. Here is the new model for Economics based on the Information Matrix you'll have to live with and master. You can thank me later. instituteforfinancialtransparency.com/2018/04/19/pat…

People have no idea what is on the other side of the pacific…..the vast uneconomic capacity, overbuilt by a top down regime now looking for a “market” aka a “dumping ground” to keep their people employed while your people lose their jobs. They don’t care about profits……they…

Wrapping up the largest, most regressive tax increases on American consumers ever:

Plans are taking horrible risks with Pension Risk Transfer PRT commonsense401kproject.com/2025/07/27/div…

Oh, how we'll miss free trade over the next 3 years.

Same product: made in China vs made in USA. Chinese one's cheaper, American one's pricier. In the end, every American who placed an order went with... made in China. (The product will be priced at $12.90 in China. Even with a 500% tariff, it will still be highly profitable.)😃

All of these are Middle Class establishments. The low end consumer is tapped out 💀

The Four Corners in Kingston, NY is the only intersection in the United States in which all four structures date before the American Revolution. The oldest, the Jansen House, was built between 1663 and 1667 when the region was part of the New Netherlands colony.

Data centers will represent between 6.7% (low end) and 12% (high end) of all US energy use by 2028, a difference of 255 terawatt-hours of energy, equivalent to the energy consumption of over 24 million households - Lawrence Berkeley National Laboratory

Short answer is EU can't purchase and use $250B of energy from the US on a yearly basis ...

“Don’t pass up something that’s attractive today because you think you will find something better tomorrow.” — Warren Buffett

Very upset to hear of the passing of Tom Lehrer at the age of 97. I sang and performed this song at my high schools talent show when I was 15. All the teachers stood there aghast, then everyone laughed like hell. An absolute genius and one of my favourite satirists ever.

Fun fact: this “trade deal” negotiated between Trump and Von Der Leyen will require approval not only from the EU parliament, but also from the parliament of every EU state. Considering no EU state is cheering up to this agreement and that Von Der Leyen has been hanging on a…

Mine say the same. They can’t figure out how to keep going unless the path includes exporting to Europe or the USA. The over (uneconomic) capacity is immense and the problem is intractable

Tom Lehrer, a musical satirist par excellence, has left us. We are not all going together, Prof. Lehrer, but part of me goes with you. nytimes.com/2025/07/27/art…

How great was Tom Lehrer? In 2020, he moved his entire catalog into the public domain because he felt he'd made more than enough money off of it. Enjoy every Tom Lehrer album: tomlehrersongs.com

That‘s all the stuff America needs amid the Cold War 2 with the Dragon-Bear. European leaders and bureaucrats were downplaying Russia as a junior partner of China only to get the taste of their own medicine now as a junior partner of the US.

Imagine if the government forced every bank to mark all of their CRE portfolios to market? How many of them would still be solvent? Especially regionals. Very few imo But we extend and pretend and can kick instead 🤦‍♂️

I don't think most Americans realize how hard tariffs are about to hit them. The combination of 1) escalating tariffs, 2) companies slowly passing this to consumers, and 3) repeal of the de minimis exemption in the Big Beautiful Bill, a lot stuff will be more expensive in 2027.