Economy: Credit Card Debt (total) over time
Total credit card debt grows because (1) the population is increasing, (2) inflation, and (3) much encouragement for people to satisfy “wants” right now by short term borrowing, and (4)…
Opinion: Practicing Factfulness based on data.
Total credit card debt grows because (1) the population is increasing, (2) inflation, and (3) much encouragement for people to satisfy “wants” right now by short term borrowing, and (4)…
9 schools were considered - but just 5 will close for now, as enrollment declines due to the low fertility rate. Numerous districts announced closures in the past week.
The national average is 23%. Some states have 30-40% of their population on Medicaid/CHIP.
This will surely work well in a world of shrinking youth cohorts and low fertility rates.
Declining enrollment leads to less funding, layoffs, and school closures.
The studies are sort of rigged and biased to show "some benefit". And the benefits might not be large.
The world's population will soon start shrinking. We have not been in this situation before.