Aug 24 2012

China enters unfamiliar economic territory with rising inventory – Contraction in China’s manufacturing sector now inching closer to one year. What does this say about the global recovery?

China is feeling the deep impact of the global slowdown.  The country has seen unprecedented growth for the last few decades and is now entering into a very unfamiliar territory.  Slowing demand.  Data is reflecting that the slowdown on exports from places like the US and especially Europe is having an impact in their very […]

Aug 19 2012

Debt bubble amnesia – 40 percent increase of Americans with accounts in collection in the last decade. System still heavily reliant on extreme consumption.

The debt hangover is still giving the nation a deep headache.  For example, in 2003 10 percent of Americans had an account in collections.  Today, it is more than 14 percent.  The addiction to debt is both troubling but what is more surprising is how little was learned from the financial crisis.  The stock market […]

Aug 17 2012

Healthcare jobs expand servicing many older Americans with little to no savings – Since the recession started top employment fields related to healthcare. Over 10 million Americans no longer in the labor force.

Get used to sluggish growth.  Although the political season is in full force and every candidate is promising you unicorns and roads to utopia if you vote for them, the reality is we have some built in challenges that neither party can easily fix.  The unemployment rate has trickled lower thanks to lower wage jobs […]

Aug 14 2012

Welcome to the land of the poor and rich – Trading the middle class for economic extremes.

The extremes in the US have gotten more pronounced in this economic crisis.  It is hard to imagine a country where 46 million people are living with the assistance of food stamps while 6 of the 400 top income earners pay no federal tax.  I’m sure that just like most Americans you pay your fair […]

Aug 10 2012

Long live the debt ceiling – approaching the fiscal cliff by spending $1 trillion more than is being taken in. A breakdown of government spending and revenues.

History does love to repeat itself especially when it comes to debt bubbles.  At the rate the US government is burning through money, we are likely to breach the debt ceiling limit even before we enter 2013.  We’re about $400 billion away from the $16.39 trillion limit but considering we’ve already spent $700+ billion that […]

Aug 7 2012

US Dollar already went off a fiscal cliff – what does a falling dollar mean to US families? Masking de-leveraging via debt markets.

People tend to have a short-term memory when it comes to financial panics.  Even when told that the US dollar has lost over 90+ percent of its purchasing power since 1914 when the Federal Reserve was first established, many just assume this is normal.  Inflation is as common as air.  Today’s purchasing power of one […]

Aug 5 2012

The other side of persistently high unemployment – Underemployment rate shoots up to 15 percent but is actually more problematic because of the civilian employment-population ratio.

Spending time examining the employment report shows continuing trends that appear beyond the headline figures.  The number of Americans unemployed or marginally attached to the work-force increased to 15 percent and appears to be a new staple of our current workforce.  A key data point is the civilian employment-population ratio that shows a continuing drop.  […]

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