Apr 12 2014

What goes up, must come down: The façade of the current stock market rally.

Do you remember what you had for lunch yesterday?  Probably.  What about two weeks ago? Probably not.  Our mind isn’t designed on remembering every single detail of every single event but has adapted itself into remembering important events.  Our brain is designed to look forward and for the most part is resilient.  This is why […]

Mar 25 2014

Hand-to-mouth nation: Roughly 40 percent of US households living paycheck to paycheck but two thirds of these families are not considered poor by economic definitions.

People have a hard time believing that in the wealthiest country in the world, we have close to half of our population living hand-to-mouth bouncing from one paycheck to another.  A recent paper released by the Brookings Institution’s BPEA conference shows that people living hand-to-mouth are largely those with “middle class” incomes.  Of course middle […]

Mar 6 2014

Never leave home generation: Household formation goes negative year-over-year at steepest rate since recession ended in 2009.

Young Americans have taken on the brunt of this Great Recession.  Since the recession ended, young Americans continue to be saddled with tremendous amounts of student debt.  With a weak blue collar sector, going to college may seem like the only viable road into the middle class.  Yet one thing is certain and that is, […]

Mar 4 2014

The death of retail: What do RadioShack and J.C. Penney say about the future consumer economy? Low wage retail work to take a hit.

RadioShack recently announced that it will be closing 1,100 of its 5,000 stores.  Holiday sales were dismal and shares were pummeled dropping by 24 percent.  The problem of course is that these 1,100 store closures will result in many Americans out of jobs in one of the biggest employment sectors in the country, retail.  Yet […]

Feb 19 2014

Why the stock market is a sham for regular investors – Based on historical price to earnings ratios the stock market is overvalued by fifty percent. Only half of Americans own any stocks.

The stock market is largely seen as a barometer of economic health to the US economy.  Turn on any business program and they report market prices as if reporting on it being a sunny or cloudy day.  The financial markets are fully juiced on our current debt based system.  Unfortunately it is taking more debt […]

Feb 5 2014

How crony capitalism is harming the economic prosperity of young Americans: College tuition up 1,140 percent since 1978 and wages are stagnant.

When you live life as a hammer, everything must appear like a nail.  So when our economy is run and operated by the financial industry, everything must appear like a casino just asking for it in terms of speculation.  Such is the state of affairs in a crony capitalistic system.  The term gets thrown around […]

Jan 28 2014

Why millions of Americans will never retire: How the prospect of retirement went from a realistic goal to an outrageous dream for most American families.

Retirement was presented to many Americans as some kind of middle class rite of passage.  It was odd to see so many fall under the spell of easy riches and generous retirement math presented to the public from the Wall Street financing machine.  Many saw retirement as a distant object so far into the future […]

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