Why Is The “Cost of Living” In Cities So High?
The higher “cost of living” was akin to people in San Francisco using a different currency, but is that the correct way to look at it?
Continue readingIncome Inequality
America’s Poverty Trap: How A Small Financial Setback Can Spiral Into An Inescapable Disaster
The problem with American poverty is that the system is designed to keep you poor. Maybe it’s just because poor people are easier to control…
Continue readingWhy Is What Was Once Affordable to Many Now Only Affordable To The Wealthy?
With these skills accessible only to the wealthy, no wonder only the wealthy have gained purchasing power…
Continue readingOur Ruling Elites Have No Idea How Much We Want to See Them All in Prison Jumpsuits
Even the most distracted, fragmented tribe of the peasantry eventually notices that they’re not in the top 1%, or the top 0.1%…
Continue readingConsumers Will Decide If Women’s Sports Teams Get “Equal Pay”
If the fans want the women to be paid more than the men, the consumers will have to spend more…
Continue readingPaul Craig Roberts: The Rise Of Robber-Capitalism And The Enslavement Of The Working Class
The pendulum has swung to robber-capitalism. The only mark of success is money. How you get it doesn’t matter anymore…
Continue readingCNN Admits There Are Serious Problems with Central Banks’ Low-Interest-Rate Policy
There are three big takeaways here, and it’s surprising CNN has mentioned them.
Continue readingFrench Incomes Place Below Some of America’s Poorest States — And the Protesters Know It
If we compare France to individual US states, we find that France’s disposable income may rank below every US state except Louisiana. Here’s more…
Continue readingCharles Hugh Smith: Unrealistically Great Expectations, A Shrinking Pie
Our expectations have continued ever higher even as the pie is shrinking in more ways that one…
Continue readingThe Accelerating Decay Of The Middle Class
Ironically, the top wage earners’ ample compensation allows them to avoid the poor-quality services they’ve designed for everyone below them…
Continue readingThe Sauds, The Petro-Dollar, Gold, And Income Inequality
What do the Sauds, the Petro-dollar, gold, and income inequality have to do with each other, with the US, and with Trump? Craig Hemke explains…
Continue readingRay Dalio’s Hollow Lament On Wealth Inequality
Hedge fund titan Ray Dalio is just the latest billionaire to call for government to save us from guys like him, but his call is one ugly mess. Here’s why…
Continue readingThe Neutered Fed is Politically Trapped
Everyone now knows that the only meaningful goal of Fed policy is propping up the world’s greatest credit-asset bubble…
Continue readingJohn Rubino: French Revolution-Style Poetic Justice For The Aristocracy
John says the coming political tsunami will be a bit of French Revolution-style poetic justice for global aristocracy. Here’s why…
Continue readingWhat Killed The American Middle Class?
Rounding up the usual suspects won’t restore a vibrant middle class…
Continue readingNo, You Don’t Need A $200,000 College Degree
We’re told that we ought to be subsidizing higher education even more, but you really don’t need a $200,000 degree. Here’s why…
Continue readingGovernment Knows Best? The Folly of Minimum Wage Laws
The only way to achieve sustainable increases in earnings and standards of living—is to allow markets to work…
Continue reading35 Mind-Blowing Facts About America That Previous Generations Would Have Never Believed
Imagine what it would be like for a group of average Americans from 1919 to suddenly be transported to our time, and then hit with these 35 facts…
Continue readingBoom-time America, Brace For Economic & Financial Impact
As credit-asset bubbles pop, the dominoes start falling. The economy is far more precarious than the surface boom and bubbles suggest…
Continue readingSo You Want To Get Rich? Focus On Human Capital
Wealth is flowing to those who earn money from their human capital and enterprise…
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