Apr 16 2009
Why There will be no other Bubble to Save us from this 40 Year Financial Bubble: From Manufacturing, Technology, and Financial Services. Real Estate Bubble. Drop in Corporate Tax Receipts.
This recession is already the longest since the Great Depression. Now merely saying that this recession is the longest does not expose the magnitude and depth of the economic damage inflicted on the market. $11.2 trillion has been wiped off the balance sheet of American households. In this article I want to examine a few [...]
Apr 5 2009
24 Million Americans Unemployed or Working Part-time but Available for Full-time Work. Why This Recession Feels Much Worse to Average Americans.
During the height of the Great Depression in 1933 with unemployment hitting its peak, 13 million Americans found themselves out of a job. This translated to 1 out of every 4 workers in the civilian labor force. You may be wondering how is it that we have recently heard rumblings that this recession may [...]
