Popular Posts 2017

Artificial intelligence programs have developed their own language for talking with each other. “SOCIETY could collapse at some point in Continue reading →

Fewer Children Surpassing Parents

A standard belief is that each generation will do better than the previous, that kids will have better financial lives Continue reading →

Venezuela Bond Default

It finally happened. Venezuela defaulted on its bonds. Bonds are considered one of the safest investments, but no investment is Continue reading →

Eradicating Poverty Affordably

Conventional wisdom has long been that the poor will always be with us. Based on simple statistics, there will always Continue reading →

US Debt Exceeds GDP

It has been true for a few years now, but the US debt ($19.8T) now exceeds US GDP ($19.2T). The Continue reading →

Flat US Home Ownership

Good news, the US is recovering from the housing crisis. Not so good news, the number of people owning houses Continue reading →

800K Student Loans Go Poof

Good things can happen by accident. In a situation reminiscent of the home loan crisis, some of the financial institutions Continue reading →

US Jobs Report June 2017

Here are some nice repeating numbers: 222,000 jobs added and an unemployment rate of 4.4%. The number of jobs added Continue reading →