Category Archives: Uncategorized

Debt-Fueled Recovery Needed

Originally posted on Populareconomicsblog:
Popular Economics Weekly To: Barron’s Letters Published: April 19, 2021 Barron’s Lisa Beilfuss cites David Rosenberg’s worries about hyperinflation (because of the Federal Reserve’s inability to keep inflation within acceptable rates), as the reason to worry…

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What Happened to Our Leaders?

Answering the Kennedys’ Call Wikipedia President-Elect Biden is 78 years old, and will be the oldest President in our history when he is sworn in. He continues to uphold the recent age levels of POTUS set by Donald Trump (74), … Continue reading

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What Civil War?

Answering the Kennedys’ Call Texas, 17 other red state Attorneys General, and 126 Republican House members tried to keep President Trump in power after January 20 by breaking election laws and ignoring the United States Constitution. But the Supreme Court, … Continue reading

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Unemployment Report Shows Economic Toll From COVID-19

Popular Economics Weekly MarketWatch Economists have been asking what if we have a ‘double-dip’ recession; i.e., should the US economy return to negative growth in the fourth quarter or Q1 of 2021? The Bureau of Labor Statistics (BLS) unemployment report … Continue reading

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Ending Our Economic Civil War—Part II

Answering the Kennedys’ Call MarketWatch President-Elect Joe Biden can call a truce from the ongoing Red vs. Blue states economic civil war with just announced picks of his economics team, including Janet Yellen as Treasury Secretary and the economic advisors. … Continue reading

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End of the Age of Narcissism–Part II?

Answering the Kennedys’ Call USAToday South Dakota’s Sturgis Motorcycle Rally this August was notable for the estimated 450,000 attending during the COVID-19 pandemic. It happened in spite of the almost unanimous warnings given by public health officials that it could … Continue reading

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The Housing Boom Continues

The Mortgage Corner Calculated Risk Total existing-home sales, https://www.nar.realtor/existing-home-sales, including single-family homes, townhomes, condominiums and co-ops, rose 9.4 percent from August to a seasonally-adjusted annual rate of 6.54 million in September. The housing boom continues in the middle of the coronavirus … Continue reading

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Back to a ‘V’-Shaped Recovery?

Popular Economics Weekly FREDcontinuedclaims Richard Clarida, No.2 official at the Federal Reserve said on Wednesday that the U.S. recession begun in March with the coronavirus pandemic may already be over. “This recession was by far the deepest one in postwar … Continue reading

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Booming Home Sales Create Housing Shortage

The Mortgage Corner Booming Realtors’ existing-home sales are showing there is a very severe housing shortage with record sales and a record low housing inventory. Santa Barbara Realtor Jim Witmer said the demand for Santa Barbara homes is huge and … Continue reading

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Is the Age of Narcissism About to End?

Answering the Kennedys’ Call Are we nearing the end of what historians and psychologists have called the Age of Narcissism, an era that has spawned populist governments and closed borders, the breakup of traditional families and communities, and the election … Continue reading

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