Financial Crisis in America

30/12/2019

We’ve had plenty of difficult periods before, but they were temporary and explicable

30/12/2019

Wall Street stock market indexes are set to finish the year at or near record highs in marked contrast to the end of 2018 when they experienced their worst December since 1931 in the midst of the Great Depression

The year 2019 will go down in economic history as the great turnaround, when the world’s major central banks gave up on their attempt to return to “normal” monetary policy.

28/12/2019

Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third decade of the 21st century.

28/12/2019

Many Americans are still recovering from the 2008 financial crisis. Almost everyone knows someone who lost a job, their retirement savings or even a home in its aftermath.

While the effects of the Great Recession were felt throughout the economy, its main cause can be traced back to subprime lending in the mortgage industry.

This cautionary tale of risky lending, ballooning debt and market speculation leading to the Great Recession of 2008-2009 should be a clear warning of looming perils in the student loan industry.

28/12/2019

Like many a unicorn, the frackers upended a mature industry using cheap capital in a brash grab for market share.

Like many a unicorn, the frackers upended a mature industry using cheap capital in a brash grab for market share

28/12/2019

The decade started off very ominously — and ended with record-breaking highs on the stock market.

28/12/2019

Why do a small number of rich people exert so much influence in what is supposed to be a democracy? Campaign contributions are only part of the story.

Elizabeth Warren has been getting a lot of grief in the news media lately. Some of it, no doubt, reflects campaign missteps. But much of it is a sort of visceral negative reaction to her criticisms of the excessive influence of big money in politics — a reaction that actually vindicates her point.

28/12/2019

28/12/2019

Public anger over inequality has helped fuel protests around the world this year. It's time for a change!

An annual report charts the growing wealth and inequality around the world.

28/12/2019

Companies have plans for our digital lives over the next decade, but they'll have to gain our confidence first 🇺🇸🇺🇸

Companies have plans for our digital lives over the next decade, but they don’t have our confidence.

28/12/2019

US corporations are sitting on nearly $10 trillion in debt. That's equivalent to roughly 47% of the overall economy. When will this trend be reversed?!?

US corporate debt has swelled to nearly $10 trillion, according to data recently cited by The Washington Post.That comes out to roughly 47% ...

28/12/2019

Yes, the rich have too much political influence. And it's time for a change✊

Yes, the rich have too much political influence.

28/12/2019

It's exhausting isn't it?!😤

Nicholas Shaxson argues that big banks are thriving at the expense of everyone else.

28/12/2019