A larger and larger share of total income going to the very top while the vast middle class continues to lose ground.
If there’s some vague thing you need to do, you usually just need to think about it for a moment to figure out what the next action step is.
A decade of low interest rates and high-spending-high-borrowing government had to ended in a mighty bust. Are we headed towards a future of perpetual boom-and-bust cycles?
Would increases in government borrowing will be counteracted by increased savings in the private sector?
Ultimately, FIFA’s unwillingness to change things probably has little to do with their lack of awareness of fixes.
Many prime borrowers are being caught between devalued homes and job losses. Will Congress step in?
Is alternative yield the answer to terminally low interest rates for those who are tired of being punished for high cash balances and risk aversion?
There’s a lot more power and mutual motivation and mutual benefit in achieving shared goals together with a partner.
Nine percent of consumer credit has been brought about by Washington.
With American consumers pulling back, these other economies have also been slowing down. This means Obama won’t easily find the export markets they need to create enough jobs to make up for the vanishing American consumer.
When debt reaches an untenable height relative to income or equity, the system becomes susceptible to the most minor cyclical downturn, with years of accumulated excess to be purged.
International sales for US residential properties saw a slight uptick this year over last.
Continued micromanagement of the vast and increasingly complex Chinese economy will lead to mistakes which will threaten social stability.
A more realistic view is that a housing boom and bust happened to strike a fragile financial system whose fragility was worsened by ill-conceived government interventions.
Government buildings consume roughly 20% more electricity than private sector buildings.
Homeowners of modest means who walk away from their housing debt are viewed as dead beats while the wealthy who do the same are presumed to be making a good financial decision.
In the long run, turning billions of dollars from tax-deferred to tax-free savings through the tax change will be a huge loser for Treasury.
Is the choice not to have kids selfish, smart or something different altogether?
The economy naturally wants to create jobs, but in too many cases the government says those jobs are illegal. The reigning philosophy says that workers need protected, whether or not they want to be.
This week Toyota announces new safety measures. But another recall and news that its research firm altered documents requested in a government probe have some consumer advocates questioning whether the automaker is serious about safety.