Winter tires are also recommended for Americans too says Consumer Reports with only 21% of Americans considering winter tires vs 58% in Canada. CR explains AWD is not a substitute; winter tires provide a minimum 20% benefit.
When H.S. Dent explains that politics follows an 80 year cycle, it takes all the passion out of it. It’s no surprise that we have no control over large events and explaining that events occur in cycles re-iterates this. What Dent’s cycle says is that there is an 80 year four-season economic cycle and liberals are favored in the summer & fall seasons (good times, bubbles; e.g. Post great depression to the 1960s) while conservatives are favored in the winter and spring season (recessions, high inflation, lagging innovation; e.g. 1970s – current day). This helps explain why waiting for the government to make a decision that affects personal situations is extreme folly since the political lean required may take decades to come about.
This is my first post. Since LinkedIn does not save posts, I will be cross-posting here as well. I predominantly post on economics, telecommunications, IT and investing.