Mar 30 2013

US Household income continues to fall in midst of recovery: Since the recession started median household income is down 7.3 percent.

US households continue to face a declining standard of living.  The first obvious item comes from falling incomes.  Some of this is being masked by renewed access to debt as banks are once again lending money to over stretched consumers.  Yet real wealth recovery this is not.  The next major depressing factor for households is […]

Mar 26 2013

Too big to fail or ignore: How the US went from over 13,000 banks in 1987 to 6,000 today. $7.4 trillion in deposits backed by $32 billion dollars.

Remember when too big to fail brought our economy to a grinding halt?  Of course you do because this is a recent financial event with dramatic ramifications.  In the time since the buffet of bailouts was rolled out you might be surprised that the too big to fail banks have only grown even larger and […]

Mar 24 2013

The bailout of the wealthy: stock market sham, income inequality, and crushed consumer sentiment. Peak debt, peak Dow, peak inequality.

In the midst of the stock market reaching record levels the Federal Reserve has increased its balance sheet to well over $3.2 trillion.  The Fed continues to be the primary buyer of mortgage backed securities.  This strategy has caused a flood of easy money from big banks into residential real estate as funds start chasing […]

Mar 21 2013

Who’s afraid of a little bit of inflation? How low interest rates hide the real price of housing, college tuition, and cars.

Inflation is like the proverbial story of a frog in hot water.  Drop a frog in boiling water, it jumps right out.  Drop a frog in regular water but slowly raise the heat, and it will slowly boil into oblivion.  Inflation has a subtle way of destroying purchasing power.  Unless incomes are rising, which they […]

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Mar 18 2013

The long slog ahead for jobs: We are 9.45 million jobs short of where we should be and are unlikely to reach normal levels of employment before 2019.

Employment is the most important indicator of a healthy economy.  The recession has left a deep scar and has set us back into a lost decade.  Primarily for this reason many Americans are having a hard time jumping on this recovery that officially will reach a four year anniversary this summer.  The long term projections […]

Mar 15 2013

European economy struggles under debt and staggering unemployment: EU unemployment at record while nations pile into massive levels of debt. Inflation censorship.

The European Union is the largest economy in the world combining the collective buying and selling power of multiple countries.  If you’re biggest customer is having troubles, it is expected that the world would be concerned.  Not so with the stock market.  The EU is currently sitting at a high in respect to their unemployment […]

Mar 12 2013

An economy of peak food stamp usage, peak Dow, and peak Debt: What does it say about our economy that at the same time the Dow Jones hits a peak, we have the highest percentage of Americans on food stamps?

It is a dichotomy that speaks to the current state of our economy.  Food stamp usage has peaked at the very same time that the Dow Jones Industrial Average is setting new highs.  Of course, the Dow is setting new nominal highs but still has a way to go to catch up to the eroding […]

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