It Wasn’t Always Instant Gratification: Americans Used To Be Savers
“When did consumption, especially of things we don’t need, gain sustained importance over saving for tomorrow?” Here’s the answer…
Continue readingIncome Inequality
Fund Manger: It’s Not About A Wall Or About Nuking North Korea Off The Map But About Wallets
Dave Kranzler says he’s not at the point of endorsing President Trump, but people vote their wallets. Here’s the details…
Continue readingThe Problem With A Cartel Run Economy: Rising Prices With Stagnant Wages
The vise will tighten until something breaks. It could be the currency, it could be the political status quo, it could be the…
Continue readingThe Average Worker Can’t Afford To Buy A Home In About 70% Of All American Counties
“Continuing with the trend of home prices rising more than twice as quickly as wages, home-price appreciation outpaced wage growth in…”
Continue readingOh The Irony: The Fed Is Now Concerned That Americans Lack Retirement Savings
“doesn’t seem to understand that the economic system…does not reward people who save, rather important people who speculate and spend beyond their…”
Continue readingTHE LARGEST CEO Pay Package In History Just As Tesla Is On The Verge Of Bankruptcy
“This is precisely the type of behavior that is only seen during periods of extreme irrationality when financial markets are at…” Here’s more…
Continue readingCentralized Efforts To Contain Intersecting Financial & Social Cycles Are Making Matters Worse
Charles Hugh Smith says “the four cycles are intact and poised to intersect in a very messy fashion within the next…”
Continue readingOur Approaching Winter Of Discontent: None Of The Promises That Were Made Will Be Kept
“The tragedy is that so few act when the collapse is predictably inevitable, but not yet manifesting in daily life…”
Continue readingThe Ghosts Of 1968 Have Returned As A New Winter Of Discontent Chills The Air
“The ghosts of 1968 inform us that there is no reforming the status quo power structure, there are only…”
Continue readingCharles Hugh Smith: Rising Social Discord Is Inevitable
“our problems are now exacerbated by markets and centralized power, not fixed by these dynamics…”
Continue readingCharles Hugh Smith: The Pie Is Shrinking For The 99%
“The ensuing social disunity and disruption will be of the sort that many alive today have never seen.”
Continue readingCould Universal Basic Income Enrich Creative and Social Industries?
Paul Sciglar says that as technological innovations potentially spark massive job losses, UBI is an option to consider. Here’s why…
Continue readingSocial Change Will Upend the Status Quo
Charles Hugh Smith says that everything needs to change. From the bottom up. Here’s the details…
Continue readingA Curious Thing Happened When Ontario Hiked Minimum Wages By Over 20%
“No amount of empirical evidence (or common sense for that matter) will ever be sufficient..supply and demand also apply to labor…”
Continue readingIt’s Not About Democracy: Control Fraud Is the Core of our Political System
Charles Hugh Smith says “the many are finally calling out the abusers of power because there’s no longer any need to pay the corrupting costs…”
Continue readingCharles Hugh Smith: The ‘Wealth Effect’ Is Widening Wealth Inequality
“The Federal Reserve has widened wealth and income inequality to the breaking point…”
Continue readingEconomic Rot Under The Influence Of Jedi Mind Tricks: This Is Not The America You Are Looking For
In so many ways, the disturbing and destabilizing abnormal is now the new normal, as if we’ve fallen for the Jedi Mind Tricks…
Continue readingAdult Children Living At Home Are Taking A Toll On Their Parents Finances
33% of all millennials live at home, and 25% of them don’t even want to get a job or go to school. Here’s a look at the financial costs born […]
Continue readingSimon Black: A Young Foreigner’s First Impressions Of America
“The Universal Law of Prosperity is no longer the law of the land in the US…”
Continue readingThe Cost Basis of our Economy is Spiraling Out of Control
“If we had to choose one “big picture” reason why the vast majority of households are losing ground, it would either be…”
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