The US cannot avoid a soft default even if a hard default is avoided: Debt...
All the talk has shifted from the government shutdown to the US actually defaulting on outstanding debts. The markets were in deep fear but the last couple of days rumors that the debt ceiling would...
View ArticleArrested economic development: 36 percent of Millennials living at home...
Young Americans are living at home in record numbers. Millennials are living at home for much longer because of the poor economic conditions for the young. Think about the perfect storm of...
View ArticleThe New Normal for the American Dream – 3 Cornerstones: Low wage jobs, high...
There seems to be a growing acceptance that the American Dream is hardly as accessible as it once was. Low wage jobs, higher education tuition pushing many into untenable levels of debt, and a new...
View ArticleAmericans now spend more on drinking and eating establishments than they do...
There are many reasons why so many people now work in the low wage sectors of America. As it turns out, the eating habits of Americans have changed dramatically. Only in the last couple of years...
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