Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis
A wave of bankruptcies is sweeping the energy industry, but it isn’t just the energy industry that is in trouble.
Tag: Economic Crisis
A New Car Will Cost You at Least $3,800 Extra Because of Government Regulation
Most modest of independent estimates works out to $3,800 per vehicle, even after fuel savings taken into account.
74% of Billionaire Wealth from Rent-seeking
Excessive returns despite no additional contribution to productivity.
Do You Need A Roommate?
The future looks grim.
Shock cuts to growth pace show faltering economy
Economists now admit sluggish growth pace.
23 Percent Of Americans In Their Prime Working Years Are Unemployed
What are we to make of all this?
Russia Adds $6 Billion to Its Gold Reserves in a Week
Russia’s gold and foreign exchange reserves have increased to nearly $370 billion.
World’s Largest Trade Gap Is Between US And China
US-China relations, NAFTA and more economic news.
Job Growth Doesn’t Mean We’re Getting Richer
Whole endeavor illustrates the limits of aggregated economic data.
What Killed the Middle Class?
Soaring costs imposed by state-enforced cartels.
Lawmakers Urge IRS, Justice Department to Return $29K Seized from Dairy Farmers
14 lawmakers also called on the agencies to give property owners the opportunity to petition the government for funds seized.
When Robots Take Our Jobs, Should Everyone Still Get a Paycheck?
A concept called universal basic income is gaining traction as a way to help people deal with machines taking over the job market.
Thanks Obamacare: This Is What Americans Spent Most Money On In 2015
Only a matter of 2-3 quarters before Healthcare surpasses Housing as the biggest use of American cash.
Thanks Obamacare: This Is What Americans Spent Most Money On In 2015
Only a matter of 2-3 quarters before Healthcare surpasses Housing as the biggest use of American cash.
Job Growth Doesn’t Mean We’re Getting Richer
In a well-functioning economy, less human labor will be necessary to maintain standards of living.