Why The Biggest Risk To The Economy Is A Strong Recovery
Concerns about the current economic mess turning into another Great Depression seem to have faded. The consensus view of government officials and private economists seems to be that the economy, although still fragile, is well on its [...]
Depression In Commercial Real Estate Results In Bargains For Some
Depression Pricing As Empty Hotels Slash Rates
The recent era of easy lending was not confined to residential real estate. Commercial real estate lending is the next big worry for a banking industry already beset by an avalanche [...]
Census Bureau Report Portrays Destruction Of The American Dream
It Already Is A Depression For Many
The latest report from the Census Bureau on income, poverty and health insurance coverage portrays a darkening economic picture for millions of Americans. Incomes and living standards fell without regard to [...]
Extended Unemployment Benefits Make Little Sense
Do Extended Benefits Reduce Job Seeker’s Motivation?
Excluding the depression of the 1930’s we are fast approaching a new official high in unemployment. During the depths of the last worst recession of 1981, unemployment exceeded 10% vs 9.4% [...]
The Contradiction Of Empty Homes And Rising Apartment Vacancies
A Housing Surplus
Huge increases in foreclosures have resulted in millions of homes sitting vacant as bank REO managers struggle to sell the empty homes. Theoretically, people who have been evicted or lost their homes to foreclosures would [...]
Obama - 40 more years!
For all of those worried about tax increases, slow economic growth and rapidly expanding deficits, I have one word - relax. Consider the following comments made by the President today.
Obama Says Robust Growth Will Prevent Tax Increases
June [...]
Tracking the Economy Through Coin Production
One of the consequences of a recession is a decline in demand for newly minted coins. Economic activity declines and there is less demand for coins in commerce. Individuals also put long hoarded change back into circulation. [...]
Fiscal Discipline - Endorsed By All, Practiced By None
Has anyone noticed the correlation of “fiscal discipline” chatter to rising interest rates? Efforts by the Fed to manipulate rates lower through the outright purchases of treasuries and mortgage securities seem to be failing as the long [...]
Hyperinflation Worries - The Next Black Swan Or A Contrary Indicator?
Inflation Concerns Increase
There has been much speculation lately about the end results of the US Government’s massive deficit spending. Many analysts are predicting that the end result will be hyperinflation as the Fed is forced to monetize [...]
