Shrinking American Dream

The American Dream isn’t dead, but far fewer are able to achieve one of its key accomplishments: a better life, Continue reading →

Pandemic Worsens Global Debt

Check back to a post from February 2020 about the Global Debt Wave. The worry was and is that global Continue reading →

US GDP Drops 2Q20

Two of Covid’s main effects on the US: ~150,000 dead, so far; second quarter annualized GDP down 32.9%. That’s the Continue reading →

Truly Unemployed US Citizens

The traditional unemployment numbers come with so many asterisks that we’re accustomed to ignore them. While the official US unemployment Continue reading →

Record US Unemployment June 4 2020

Check back through some of this blog’s recent posts and find that the US had record unemployment of 3.2 million Continue reading →

US GDP Contraction 1Q20

No surprise, the US’s Gross Domestic Product rate went negative in the first quarter of 2020, down 4.8%. That’s comparable Continue reading →

Record US Unemployment May 1 2020

Every week has added to last month’s record US unemployment. Some recent weeks have singly been ten times the previous Continue reading →

Oil Crashes To Negative Prices

A few years ago the fear was Peak Oil, oil reaching $1,000/barrel prices. Thanks to renewable energy advances, manipulated supply Continue reading →