The Chinese dragon is kicking America's ass
Submitted by CB on Tue, 03/23/2021 - 5:00am
and I doubt it can be slowed let alone reversed.
economy
This is what is going on with the economy (simplified)
Submitted by gjohnsit on Tue, 12/29/2020 - 11:30pmHave you wondered why the stock market has gone crazy, while the real economy slumps? Why the rich are getting so much richer, while the poor are getting so much poorer?
Oh, sure. There's plenty of fraud in this rigged economy, but how is it rigged?
This last question I can answer (from a bird's eye view).
The economy is expected to crash this fall
Submitted by gjohnsit on Mon, 06/15/2020 - 4:27pmThis CNBC 'apocalypse' headline was renamed to be less scary. The previous headline was 'tsunami of evictions'.
We live in a bureaucracy (not capitalism, not democracy)
Submitted by disrael on Thu, 03/26/2020 - 4:58amI'm new here and very grateful for the step up in intelligence this site has over DKos. However on economics and politics I'm puzzled by the number of very well written and researched essays that take our living in a capitalist or democratic country as a starting point.
Some points on that:
It's the economy, stupid. Trump wins as the U.S. economy soars
Submitted by Alligator Ed on Sat, 02/15/2020 - 3:12pmIn the most recent installment of the Dismal Swamp News, your reporter declaimed (or proclaimed) "are you tired of winning yet?" Not too subtle reference to Commander Cheeto's pre-election promise that "we will get tired of winning". Well, El Trumpo is winning and has been winning. The Dems mistake whining for winning.
There's Trouble on the Horizon
Submitted by bondibox on Sun, 10/06/2019 - 12:54pm"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."
-Thomas Jefferson
The coming recession will be brutal
Submitted by gjohnsit on Thu, 08/15/2019 - 5:35pmAccording to the Fed’s recession probability model, the odds of a recession in the next 12 months are the same now as they were in July 2007. That was when the credit markets first seized up, leading to the 2008 Great Recession five months later.
Cornel West's dishonest response to questions of Trump's economic policies helping African Americans.
Submitted by Alligator Ed on Fri, 05/24/2019 - 10:42pmHas the whole world gone mad? Maybe. But certainly a large proportion of the American politically-interested populace seems to be breeding a growing number of lunatics. The brief film clip (11:49) included with this essay reveals the degree from reality many formerly respected left-progressive spokespeople have descended driven into the madness of rampant Trump Derangement Syndrome.
How is the economy? Reality doesn't seem to matter
Submitted by gjohnsit on Sun, 09/16/2018 - 9:12pmThe consumer sentiment survey is supposed to be useful. It isn't.
Goldman Sachs: This is "as good as it gets"
Submitted by gjohnsit on Thu, 06/21/2018 - 3:10pmI hope you are satisfied with the current state of the U.S. economy, because it'll get worse from here on.
