With Brexit on the minds of many Europeans, the condition of the European economy is far from most people’s thoughts. So much focus has been placed on the one-shot deal…
Money
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While everyone knows that inflation makes the cost of living more expensive by the year, the extent to which inflation affects American households is less obvious to most people. A…
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Many people remember the role that credit rating agencies played in the buildup of the housing bubble that burst so spectacularly in 2008. The bubble was helped along by securitization…
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One of the characteristics of the dotcom bubble in the late ‘90s and early 2000s was the absurd overvaluation of numerous tech companies that weren’t making money and that had…
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More and more is being written today about how millennials are different from the generations before them. But while much of the focus is on millennials’ different spending patterns, work…
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With new automobiles becoming ever more expensive, more and more Americans have to finance their automotive purchases with auto loans. And with salaries largely stagnant over the past 20 years,…
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If it seems like the rich are getting richer and the not-so-rich are still, well, not so rich, there’s a reason for that. Incomes for the 1% have exploded over…
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Apple Caves to China: Are There Any Americans Willing to Stand Up to the Communists?
The past few weeks have demonstrated that there are very few Americans, if any, willing to stand up against the Chinese communist regime. From the NBA’s cowardly attempts to curry…
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It shouldn’t be surprising that different cultures and different regions value different kinds of meat. Barbecue aficionados in the US understand that. Carolina barbecue values pork, with Eastern and Western…
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One of the hallmarks of the mid-2000s housing bubble was the widespread popularity of house flipping. From TV shows such as Flip This House to seminars devoted to teaching people…