Global Debt Increases

Surely after The Great Recession people, organizations, and governments would be more cautious of debt, leveraging, and risky financing. The Continue reading →

Saudis Start Running Deficits

The oil price wars, partly initiated by Saudi Arabia against competitors like oil producers in the Bakken oil fields, have Continue reading →

Data That Matters October 2015

US GDP was down from 1Q15 at 3.9% to 1.5% in 2Q15. The average American worker is paid 1/354th their Continue reading →

American Savings Or Not

It has been a long time since Americans have been known as savers, and the situation has gotten even worse. Continue reading →

Global Debt Crisis

Globalization increases, increasingly connecting economies that were isolated. That is why a ‘regional’ crisis like the US mortgage crisis rippled Continue reading →

Global Economic Instabilities

“The IMF is profoundly concerned, warning at last week’s annual meeting in Peru of $3tn (£1.95tn) of excess credit globally Continue reading →

Puerto Rico Becomes Economic Testbed

Puerto Rico’s debt is so bad that they’d like to declare bankruptcy, but can’t. Dysfunctional aspects of the way the Continue reading →

Puerto Rico Exodus

Puerto Rico’s financial problems are severe enough that Puerto Ricans are leaving the island. For years, the net migration has Continue reading →