Economy
Cash for Clunkers: Yet Another Way Government Increased the Cost of Living
No economy is made better off by destroying existing resources
State to Repeal Sales Tax on Gold, Silver Bullion
First step to treating precious metals like money instead of a commodity
Deflation Fears Drive Developing Countries to Even Lower Interest Rates
The price of low interest rates revealed
How Asset Inflation Will End — This Time
Monopolists respond often more sluggishly in their capital spending plans
Small Businesses Are Key In Improving the Lives of Workers
More potential opportunities for all types of workers
Millennials Are More Than A Trillion Dollars In Debt, And Most Of Them Don’t Even Own A Home
Many young adults are absolutely drowning in debt
New Numbers Confirm That The Global Economy And The U.S. Economy Are The Weakest They Have Been Since The Last Recession
Nobody is going to ring a bell when the next recession starts.
How the Feds Promoted Segregated Housing
It’s clear that government policy may have played a larger role in institutionalizing segregation than cultural norms
Trump: Markets Will See “A Very Big Spike” After China Trade Deal
Says he won’t hesitate to walk away from a bad deal
U.S. Job Cut Announcements Rise 117 Percent To The Highest Level That We Have Seen In More Than 3 Years
Michael Snyder | We haven’t experienced anything quite like this since 2008, and most Americans are completely unprepared for a new economic downturn.
Americans Aren’t Giving Up Their Cars
This isn’t to say that automobiles are going away as an industry
Fed Mulls Increasing Balance Sheet Again
Rising borrowing costs not good news in an economy built on debt
US growth to slow ‘considerably’ in 2019: NY Fed
Global markets have fallen in recent weeks as investors grow fearful the world economy will slow.
Majority of Economists Say $15 Minimum Wage a Bad Idea
House Dems continue to push issue in Congress
China’s Slowdown is Exposing the Cracks in the Global Economy
China has amassed an unprecedented amount of debt
The Green New Deal Plus Modern Monetary Theory = Socialism
What the GND proposes is physically impossible to do in 10 years
Where You’ll Pay the Highest, Lowest Taxes in the US
Residents fleeing states with largest tax burdens
Why the Boom-Bust Cycle Keep Repeating
What will determine the severity of the downturn is the state of the pool of real wealth
The Fed Is Moving to Take Even More Control of Debt Markets and Interest Rates
It is an unmistakable indication that the Fed is prepared to squeeze out what little is left of the free market forces in the debt market space
Peter Schiff: We’re Not Borrowing Ourselves Rich, We’re Borrowing Ourselves Broke
GDP growth unsustainable because it’s built on debt
Trade Jobs Exploding as More Elderly Crushed Under Student Loan Debt
More Americans between 65 and 74 are getting delinquent on student loan debt, says study
No, You Don’t Need a $200K College Degree
Trade schools becoming more popular as more youth rejects debt
Peter Schiff: Chinese Trade Deal Won’t Make America Great Again
Says country too broke to buy anything
How Venezuelans Are Using Video Games to Launder Money
Desperate citizens are buying virtual currency through video games and selling it for real cash.
Study: Gender Pay Gap Results from Women Making Different Choices
Women in general value time and flexibility more than men, says study
Breakthrough: Late-Night Deal Breaks Two-Year Deadlock Over Natural Gas Exports
LNG terminal approval met with environmental group pressure
“Medicare for All” Is Much Costlier than Most Admit
Most of the discussion around Medicare for All hypes the benefits while ignoring most of the costs
US, China Sketch Outlines of Deal to End Trade War – Sources
Significant progress in trade talks ahead of March 1 deadline
China Says It Won’t Use Exchange Rates as a “Tool” in Trade Dispute
Pushes back claims nation intentionally lowered yuan