Feb 20 2012

Cascading risk and economic headwinds – 5 charts examining the coming financial challenges for the American economy. Inflation is much higher than you would expect but Federal Reserve orchestrating greatest banking bailout in history.

The American economy appears on the rugged surface to be stabilizing but only if you fail to look under the hood.  Today, we have a record 46,000,000 Americans on food stamps.  Many of these people were once moving into the middle class but were launched off the economic treadmill.  The banking syndicate that caused the […]

Nov 14 2011

Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.

The United States has over 4,000 college institutions many which have been raising tuition and fees far faster than the overall rate of inflation.  Combine this with a younger and poorer population and you have a recipe for massive debt serfdom.  As the recession drags painfully on, being the deepest and longest economic contraction since […]

Oct 31 2011

The desert mirage of easy housing profits – Phoenix Arizona home prices on track for four consecutive years of year-over-year home price declines. 55 percent fall from peak and nominal home prices back to 2000 levels. What happens when investors dominate the market?

The foreclosure epidemic in states like Arizona and Nevada is breathtaking and incredibly disheartening.  Prices have cratered much more quickly than the methodical rise up in the last decade.  Home prices in Phoenix now sit precariously where they did in 2000 without adjusting for inflation.  These desert communities largely built on a dream, fast construction, […]

Oct 13 2011

Middle class do worse in current economic recovery – median household income falls faster during recovery than during recession. S&P 500 up 77 percent in recovery while home values are neutral or down in many areas.

Some incredibly disturbing data was released this week showing the continuing crushing body blow to the American middle class.  What was striking was that middle class incomes have fallen faster during the supposed recovery from June 2009 to June 2011 than they did in the actual recession from December 2007 to June 2009.  Why?  First, […]

Oct 3 2011

Living paycheck to paycheck with the housing albatross – Survey finds one in three Americans unable to make their mortgage or rent payment beyond one month if they lost their job. 61 percent unable to make payments beyond five months.

One of the unnerving revelations brought about by the current recession is how many Americans are living precariously close to the economic edge.  The Band-Aid of credit cards, home equity loans, and other vehicles of debt masked the problem for many years.  Debt was rolled over on a continuous basis and as long as the […]

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