Why go to college? :” Walmart to Pay In-House Truckers Up to $110,000″
Serious question – why invest so much in a 4-year degree that probably starts at far less and which has limited upside as well when you can make $100k as…
Economics “experts” were just as wrong as the epidemiology “experts”
Epidemiologists have been wrong about most everything pandemic related. The economists who said the government could print money without worrying about inflation – to cover the costs of the inept…
Probably: Government spending the cause of inflation?
The US government issued more stimulus money than needed. When economic output fell by $2.3T, the government spent $3 trillion to prop things up. That excess money leads to excess…
“Inflation is raging”
I’m so old, I remember when the experts said inflation was to be mild and to be short lived… :Fed Governor Waller says half-point rate hikes could be needed as…
Journalists fret over saving for retirement
Newer research suggests many of us with decent incomes "over saved" for future retirement options that may never happen. I am one of those people. For example, 93% of those…
May be inflation is greater than you think it is
This could be due to measurement error – and perhaps inflation (de-valuing of the dollar) really is that bad: Rosenberg: Historically, home prices go up one- to two percentage points…
End of globalized world: Countries looking to end investment visas
Sweeping sanctions against Putin’s oligarchs has led governments to limit and in some cases end their lucrative pay-for-passport programs. Source: Russian oligarchs: ‘Golden passports’ for the rich face new restrictions…
Is the globalization model now broken?
Seems lots of people are now asking this: But in only two short weeks, new questions have arisen as to whether that model is now broken and we will have…
The 3-decade long push for globalization of trade may be coming to an end, and changing
Postwar vision of harmonious world trade was already under pressure; invasion of Ukraine risks further economic fragmentation. Source: Economic Blacklist of Russia Marks New Blow for Globalization – WSJ Russia…
Paycheck Protection Program spent about $1/4 million on each “saved job”
And the top 20% of households received about 85% of the benefits. The PPP was launched by the Trump administration and has been reformed by the Biden administration, but data…