Archive: Economy
Thousands of young adults graduated from college over the last couple of years with hopes of using their costly degrees to get well-paying jobs as they started lives of their own. Unfortunately, for most of those who graduated, the promise of the degree they obtained didn’t hold up. Employment for those with young professionals – [...]
In America, the standard of living for most people is unsustainable. It has been this way for years, but many chose to ignore the realities and continue buying giant homes, import cars, big TVs, fancy vacations and sushi on a nightly basis. The reality is that most people are broke, and there is no way [...]
What people don’t realize is that the employment problem in this country isn’t a cyclical issue, it is a structural issue. A structural issue that isn’t easily or quickly solved. This country has millions of workers that do not have the skill sets necessary to compete in the new global economy. Furthermore, the country has [...]
There are significant events unfolding before our very eyes. Our society is decaying and crumbling more as each month passes by. Moral decay is rampant – just turn on your evening news, or view the disturbing headlines on DrudgeReport.com. It’s eveywhere. Meanwhile, more Americans are disillusioned about the future. Some express this frustration in political [...]
The path is fairly clear in terms of what we can expect as citizens and as investors. The economic environment grows more disturbing each month here in America and in many places around the globe. The response has been and continues to be to fight natural market forces via a larger and more powerful government [...]
It’s hard to ignore the stock market sometimes, especially when it’s very hot (or very cold). Recently, stocks have been moving up with force and it’s hard to sometimes not buy into the idea that the recovery is here. If you ignore stocks, however, and focus on the business environment or the economic data, the [...]
As the economic data continues to disappoint and as confidence in millions of Americans falters, what will you trust? Will you trust the empty words of the latest politician positioning for your vote? Or maybe you will trust the American economy and the belief that no matter what, the economy is always moving forward. Or [...]
Very interesting videos from famous motivational speaker Tony Robbins in where he warns about a coming economic collapse. Part 2:
The housing data came out yesterday for existing home sales, which essentially makes up something like 90% of all home sales and is thus much more important than “new home sales.” The data is ugly and the sales are at the slowest rate in 15 years currently. For those skeptical that the “double dip” is [...]
The employment picture continues to darken as this months’ job report looked promising at the surface level, but the details tell a different story. With the economy adding 430,000 jobs last month, you’d think that the report served as evidence for the recovery. Yet, when realizing that only 41,000 jobs of that 400,000+ came from [...]