"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
From Scott Adams, who does Dilbert You might have noticed that there are times, such as now, when the stock market is marching straight up and there is a suspicious lack of bad news. Oh, don’t get me wrong –…
Financial markets suddenly seem oddly and seriously unsettled. Mortgage rates and treasuries yields are spiking while foreclosures and unemployment soars. Mortgage rates rise fast and hard, resulting in many mortgage applications in the pipeline getting blown out of the water.…
From Zero Hedge, the chart shows the difference in unemployment between those with less than a high school education (13.3%) and college graduates (4.3%).
Unemployment shot up from 6.8% to 7.2% last month. Bad, huh? Yup, but that’s not the real number. Not even close. What is more, our favorite measure of unemployment, U-6, which gives a very wide view of the ranks of…
The U.S. lost more jobs in 2008 than any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy. Masses of unemployed people leads inexorably to social unrest. FDR defused things by creating…