Jobs for middle class expansion are long gone – The struggles to create jobs that will create a vibrant middle class have vanished under the foot of banking dominance.
Most Americans realize that having a job is a prerequisite to gaining entrance into the middle class. If you work hard enough, chances are you would have access to some of the things promised to the middle class; access to affordable housing, a good education, and the ability for some sort of retirement. That ideal […]
Commercial Real Estate Reality Check: 2007 Commercial Real Estate Valued at $6.5 Trillion with $3.5 trillion loans. Today, Commercial Real Estate Valued at $3.5 Trillion with $3.5 Trillion in Loans. Can you spot the Problem?
Commercial real estate is dealing with the neutron bomb effect. The buildings still stand but the inside is gutted as if vultures had devoured a carcass. What we are seeing, like in many other sectors of our economy, is a distinction between reality based economics and the inflated prices of Wall Street. If we look […]
The Ultimate Sucker’s Rally: Record Breaking 50 Percent Stock Market Rally in 5 Months: Extreme Market Volatility Occurs in Deep Economic Recessions and Depressions. From 676 to 1002.
Incredible. We have never seen a stock market rally like this in all the history for the S&P 500. In no other time has the S&P index run up nearly 50 percent in the matter of 5 months. Extreme market volatility is the ultimate sign of market distress. Think for a minute and ask yourself […]
It’s the Jobs Stupid: Why There will be no Recovery until Employment Stabilizes. When Obvious Financial Truth Becomes Uncommon. New Nurses Competing with Old Nurses for Hours Because of Gender Unemployment.
It should be rather obvious that without any sustained job growth there will be no economic recovery. In the same breath, you will have someone tell you that this is no common recession yet when it comes to talking about the stock market they will tell you that in normal times, stocks recover before jobs. […]