UFTP ULTRA:

A CHAPTER BY CHAPTER BANQUET OF BONUS MATERIAL INCLUDING FOOTNOTES, MEDIA, SOURCES, AND COMMENTARY.

UFTP E001: UFTP INTRODUCTION

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“[S]cientists should ask themselves which vulnerable research programme could be next on the hit list — climate-change education, perhaps? [...] Part of the blame must lie with the practice of labelling the social sciences as soft, which too readily translates as meaning woolly or soft-headed. Because they deal with systems that are highly complex, adaptive and not rigorously rule-bound, the social sciences are among the most difficult of disciplines, both methodologically and intellectually. They suffer because their findings do sometimes seem obvious. Yet, equally, the common-sense answer can prove to be false when subjected to scrutiny. There are countless examples of this, from economics to traffic planning. This is one reason that the social sciences probably unnerve some politicians, some of whom are used to making decisions based not on evidence but on intuition, wishful thinking and with an eye on the polls.

(“A Different Agenda” 2012)


Below: Yes, a Mega Neon Fly Ride Blue Dog is a thing. Adopt-me.

UFTP E002 Chapter 1: Stocks, Bonds, and Assholes

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Has Andrew Left stopped his short-selling game after GameStop caused $70-billion in losses? Lol, no.

COVID-19 spurred the CARES Act, which dumped billions of dollars into corporations. What did they do with it? They paid themselves, of course.

IMAGE BELOW:

Figure 1 - New Housing Starts Per Month, 1959-2020; monthly new housing starts means literally just that: how many new houses begin construction every month. You can see 9 housing recessions from 1959-2020, no recession was steeper or longer than the 2008 crash. Economists say this was not a depression. 10 million people lost their homes. It was a depression that we are still recovering from. COVID-19 did not help. You can see the steep drop in 1990 and the steady rise through the year 2000 when there was another dip. During this time, homeowners were beating the shit out of their cabinets and Martha Stewart was hot gluing lemons to tea-cozies. People loved pillows. New home construction is very important to the economy, probably the most important metric we have. People building and buying homes impacts every part of the economy - from the construction workers flush with work and cash to the real estate agents signing contracts and mortgage bankers handing out loans. The demand for homes leads to a demand for infrastructure and durable goods - roads, electric, plumbing, internet, supply chains, new cars, appliances, and heavy machinery. The commitment to mortgage payments equals confidence in job security and the promise of future growth.


UFTP E003

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UFTP E004

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UFTP E005

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UFTP E006

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UFTP E007

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UFTP E008

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UFTP E009

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UFTP E010

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UFTP E011

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UFTP E012

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UFTP E013

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UFTP E014

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UFTP E015

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UFTP E016

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UFTP E017

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UFTP E018

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UFTP E019

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UFTP E020

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