economics

A Bright, Flashing Warning Sign

Imagine for a moment that some salesman offered you a deal.
They are willing to let you loan them money, and would only charge you a nominal fee plus a small rate of interest for the transaction.

In a sane world your answer would either be either, "Uh, no" or you would laugh in their face, depending on your mood at the time.
Pay to loan money?!? That's insane. Not just insane, illogical.

How we got here, and how to prevent it from happening again

On June 24, 1982, four bank examiners from the Federal Reserve Bank of Kansas City walked into the rear of a small shopping mall in Oklahoma City.
This unlikely location marks the start of a series of events that nearly brought us to the brink of a global economic collapse and a second Great Depression.

The Commodity Market Wipeout

There is a systemic and fundamental change going on in the global economy and it's time to pay attention.
With our economy and financial media engineered toward consumption, falling commodity prices generally don't register for most Americans. However, there are significant shocks from a collapsing commodity market that need to be recognized as non-negligible.

The ways in which the economy never recovered from 2008

The headline economic numbers are far better now than in 2008-2009. The unemployment rate, the GDP, the national deficit, the stock market, etc. have all improved.

Yet many of us can't shake the feeling that things are still stuck in 2008. Well, you aren't crazy.
Many areas of the economy have never recovered from the 2008, and some are even worse today.

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