From the category archives:

unemployment

Now that the debt ceiling has been raised and the media have already turned to the question of how Obama will be celebrating his 50th birthday, it behooves us to consider the new market slump that has sunk in following registration of the reality of America’s debt situation.  Immediate crisis would seem to have been [...]

-

{ Comments on this entry are closed }

Now we know that a whopping 32 states are officially bankrupt, and that apparently, the US government has been engaged in shadow bailouts of these states, i.e., “giving them money under the table.”
In addition, all that money that states borrowed from the Federal government in order to continue to pay unemployment benefits?  Now they won’t [...]

-

{ Comments on this entry are closed }

The Economic Policy Journal recently released a list of U.S. States that are officially bankrupt (i.e., insolvent).  These states are receiving SHADOW BAILOUTS from the federal government.  As Zero Hedge puts it, “one can only wonder how many other shadow programs are currently in operation to fund states under the table with federal money.”  He [...]

-

{ Comments on this entry are closed }

The other day, a reader reminded me of the post I wrote a year and a half ago on the coming double-digit inflation.  More and more, lately in the news we hear snippets about inflation cropping up in the food prices around the world.  Yet inflation is still almost taboo to talk about inside the [...]

-

{ Comments on this entry are closed }

The rally has been over for a good two months, and the markets have been stuck in a trading range since the New Year.  Recent concerns over the potential of sovereign debt crises, however, show that we’re not out of the woods yet.
Just consider some of the following areas for potential setbacks in the markets: [...]

-

{ Comments on this entry are closed }

Do your “transferable skills” include survival skills?  If you work in financial markets, accounting, tourism, real estate, university-level teaching (certain fields), administration, human resources, and a number of other fields whose central activities are not connected in any real way to the basic “stuff” of living, it is more likely that you are lacking in [...]

-

{ Comments on this entry are closed }

Well, maybe we are getting close to 10% unemployment in the US as I suggested in a previous post.  The most recent numbers indicate that unemployment levels in the US have reached 7.5%.  According to this Globe and Mail report, anyway.  Still, it’s a long way off from Great Depression numbers.  AND unemployment is measured [...]

-

{ Comments on this entry are closed }