Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Search Results for: ISIS

Market Insanity

The Student Loan Crisis is worse than You Think

An astonishing 49.8% of Millennials said they would give up the right to vote in the next two presidential elections in exchange for student-loan forgiveness, a Pollfish survey conducted by the loan refinancer Credible found.

Read More
Politics

America’s Destructive Housing Crisis

The housing shortage is likely to become an issue that will reshape the political landscape. That’s already happened in the United Kingdom, where observers think far-left Labour leader Jeremy Corbyn will become Prime Minister in the near fut

Read More
My Thoughts

The Mystery of America’s Marriage Crisis

Only 26% of poor adults between 18 and 55; and 39% of working-class adults in the same age group, were married according to data compiled by the American Enterprise Institute (AEI) and Opportunity America. That marks a dramatic cultural shift, because as recently as 1990; 51% of poor adults and 57% of working-class adults were married, New York Times Upshot Writer Claire Cain Miller noted.

Read More
Market Insanity

The Financial Crisis Facing Airbnb Hosts

Airbnb Hosts in New York are five times more likely to be white than black.
 

White Airbnb hosts in black neighborhoods in New York earned $159.70 million from Airbnb. Meanwhile, African American hosts only earned $48.3 million; less than a third of the revenue the whites made.
 

Read More
Opportunities

Some Solutions for America’s Housing Crisis

One result of such programs would be that large numbers of everyday people; doctors, lawyers, schoolteachers, construction workers, contractors, cops, firemen, insurance agents, realtors, janitors, factory workers, farmers, truck drivers etc., would start building or remodeling units for affordable housing.

Read More
Opportunities

The Race to Save Analog Video from the Magnetic Media Crisis

The problem is coming to a head in what preservationists are calling the “Magnetic Media Crisis” because most videotapes are now 20 to 30 years old or older. Most of the tapes were designed to last for 20 to 30 years, but a lot of archivists note that many of them wear out much faster.

Read More
Market Insanity

Is Canada due for a Financial Crisis?

The debt to GDP ratio is a comparison of the amount of debt in a nation to national wealth. The BIS team considers any ratio over 10% dangerous and a signal that a financial crisis is brewing, The Financial Post reported. Canada’s ratio now exceeds the danger level by 7.4% and it has risen since Fall 2016.

Read More
Politics

Steps the Federal Government can take to alleviate the Housing Crisis

Some parts of the United States, such as California, are now facing a serious housing shortage that threatens the economy.
Economic growth in the Golden State will slow in coming years economists, at the University of California (UC) at Riverside and UCLA concluded. Job growth in California will slow to 1.7% in 2017 and 1.1% in 2018 largely because of high-housing costs; a report from UC Riverside forecast, California’s job creation rate was 2% in 2016.

Read More
The Death Spiral

America’s $2 Trillion Public Pension Crisis

The ultimate nightmare of the public pension crisis would be governments suddenly stop paying pensions. Under that scenario some retirees would go from a comfortable retirement with a boat and a second house on the lake to sleeping on their children’s couch.

Read More
Politics

The Crisis the Presidential Candidates Refuse to Talk About: Poverty

This anecdotal evidence indicates that poverty is getting worse in America but the presidential candidates refuse to talk about it. Indeed they are actively avoiding just like almost every other candidate running for office today. One has to ask why?

Read More