
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
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
Every week has added to last month’s record US unemployment. Some recent weeks have singly been ten times the previous Continue reading
At the start of April 2020, US unemployment doubled to 6,600,000. In response to the Corona Crisis, about 400,000 users Continue reading
During the worst of the Great Recession, US unemployment claims peaked at about 600,000. The previous worst on record was Continue reading
Debt is growing worldwide. It would seem that global debt can’t exceed global production, but global debt is now 230% Continue reading
The US economy is in an impressively long recovery. That’s somewhat natural considering the depth of the Great Recession. The Continue reading
A group of investors representing $32T (twice the US GDP) have called for reducing coal usage and fossil fuel subsidies Continue reading
Add financiers and investors to the list of advocates who agree climate change is real and must be dealt with. Continue reading