I was stunned to see the volume of multi million dollar homes in foreclosure in a recent report on a news site I was surfing recently. They had pictures as well, of these stunning homes that were built, some of them never even fully inhabited, that entered into foreclosure after the recession and housing [...]
The term “recession proof” has become quite the buzzword in light of the new economic reality Americans are seeing themselves in today. I just read a story that hospitalizations for dirt-eating are on the rise, which does not say a heck of a lot of good things about the poverty level and desperation level [...]
The headlines these days are so dang confusing. What are you supposed to believe? That our country is going down in flames or that it’s all really overblown, and the media is hyping our problems up too much?
While I certainly agree that the media are too much of a fear hound the majority [...]
Today is the day. Is the stock market going to respond wildly to the previous downgrade of US debt and credit rating by Standard and Poors rating agency? Or is this going to be a case of everyone crying wolf, and the markets may seem to tank a bit in the morning, only to [...]
It seems that we are at a stalemate in the “recovery” that economists have been so insistent we are still experiencing. Sure, they admit that this recovery has slowed down, but when are we going to come to the conclusion that the recovery itself is an illusion put forth by all the government spending [...]
Well, it seems that just as we all breathe a sigh of relief (especially those of us who own businesses which are largely reliant on consumer spending, but then again, what business isn’t) and think that Americans are loosening their purse strings, we get jumpy again about the economy.
Then, people start to reel [...]
This is the news that we’ve all been waiting to hear. Not more of this pseudo good news like “jobless claims god down” or “less peopel claim unemployment than anticipated”. That’s not good news, that’s just saying things haven’t gotten WORSE, not that they are actually, actively getting better.
After all, jobs are what [...]