Creatix Blogger

We're still doing well thanks to the COVID19 stimulus. In a couple of months, pain will set in.   Although no one knows what will happen to the economy in the next couple of years, it's safe to say that we are still doing relatively well. Make no mistake. We are where we are (doing relatively well) because of the $5.5 trillion spent (or invested) in the economy by the U.S. Government and the Federal Reserve during the COVID-19 pandemic.  You can think of COVID-19 as World War III. But this time, the enemy wasn’t a foreign military power—it was an invisible virus. And the U.S. emerged victorious in this unconventional war, not with tanks and missiles, but with fiscal firepower and a stunning leap in medical technology: the COVID-19 vaccines. This triumph, however, came after highly complex political and economic dynamics. President Trump, despite having early intelligence reports warning of the virus’s potential impact, chose to dismiss them. Trump insisted the virus was a...

March 29, 2025 Don't Be a White Snowflake: embrace America's brown history with black pride  If curiosity is the key to learning, courage is the key for surviving and thriving. American history is fascinating. As everything else, it can be oversimplified for efficiency at the expense of the beauty of complexity. We're all monkeys --primates, to be more precise. Everything we do is based on our convenience based on an intricate neural calculus of perceived pain and pleasure. Historic figures in American history did what they perceived was more convenient for them based on the alternatives available and their perspectives at the time.  The American lands were occupied first by descendants of Asians who had crossed from Siberia into modern-day Canada and later into modern-day United States. That is, of course, a hint to the inevitable annexation of the the former into the latter, but that is a horse for to beat to death on another day. For convenience's sake, let's cal...

March 28, 2025 In the 1990s, Bill Clinton and Al Gore and liberal economists led the United States to embrace a globalization movement, promoting free trade agreements and economic policies that encouraged the offshoring of manufacturing jobs to countries with lower labor costs. This shift led to the closure of numerous factories across the U.S., resulting in significant job losses and economic hardship for many American workers.  The North American Free Trade Agreement (NAFTA), ratified during President Bill Clinton's administration, is often cited as a pivotal factor in this transformation. The Economic Policy Institute estimates that NAFTA cost the U.S. approximately 682,000 jobs, as factories relocated to Mexico to capitalize on cheaper labor.  The offshoring trend extended beyond Mexico, with companies moving manufacturing operations to countries like China, which became the major beneficiary of liberal economic globalization. It was precisely globalization what financed ...

March 27, 2025 As of March 27, 2025, Tesla Inc. (TSLA) has a market capitalization of approximately $875.09 billion, with a price-to-earnings (P/E) ratio of 137, and trading at  approximately $278 per share. While this represents a 42% decline from the  stock's all-time high closing price of $479.86 on December 17, 2024, it also represents a 100% gain from the stock's  52-week low of $138.80, reached on April 22, 2024.   In our view, in the past 12 months, between April 2024 and March 2025, Tesla's performance as a company has been less than desirable and has not met expectations. However, as we know, economic valuation is subjective and money is an artificial and infinitely renewable resource.  Financial markets have all the confidence in the world in Elon Musk's ability to make money. Therefore, regardless of any objective failures that would destroy the valuation of any normal company,  Tesla continues to defy gravity like a Space X rocket. All it takes ...