Discharged Indebtedness

Are you one of the millions that you have income from the cancellation or discharge of indebtedness? if so, keep in mind that insolvent taxpayers can escape tax on forgiven debts, in rare occasions. Where those taxpayers whose liabilities are greater than the fair...

Chinese Military

China has been building up its military. At present its navy is the world’s largest, by number of warships, enabling increasingly aggressive maritime posturing in the East and South China seas and the Taiwan Strait. Unfortunately, the US did not prosper in this...

China

I was reading that it is believed that trade with China and the U.S. is likely to remain strong into 2030 and beyond. We two countries rely on each other for so many things that disentangling us would be too difficult. In China’s case: Food for its immense population....

Future Jobs and Money

I am always curious about where the world is going as far as job creation and investable companies and industries. Having lived through the birth of the PC (anyone else remember the IBM Chaplin ad?s) to basically Star Trek communications.  It is a different world,...

Orbit

Besides the making of an SNL skit about petty billionaires going into orbit as a lark, I was curious what is out there and how much after the story about the Chinese space station, needing to make a course correction because of a wayward satellite. Apparently, there...

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