Tag Archives: Great Depression

2017—A Nightmare Year

Posted on January 1, 2018 by Popular Economics Weekly

Popular Economics Weekly “For what does it profit a man to gain the whole world and forfeit his soul?” Jesus was to have said to his disciples. This should be the proverb that describes 2017, a year of lost souls. … Continue reading →

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Tightening Credit = Bad Economic News (Revised)

Posted on September 27, 2017 by Popular Economics Weekly

Popular Economics Weekly When is the next financial crisis? A Deutsche Bank study predicts it could be sooner than we know, as I said last week. Because the Federal Reserve reiterated its intent to begin to sell off the $4.5 … Continue reading →

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Why Is Mortgage Lending Still Restricted?

Posted on April 25, 2017 by Popular Economics Weekly

The Mortgage Corner We can thank the Great Recession for most of it. Banks have become much more conservative, and builders are building approximately 50 percent fewer residences vs. the 2 million housing units at the height of the housing … Continue reading →

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Is Happiness That Important to Americans?

Posted on April 14, 2017 by Popular Economics Weekly

Popular Economics Weekly What a strange question to ask Americans! We are the wealthiest country in the world, right? But a recent survey claims to show that wealth accumulation is not the first priority for most of the world. In … Continue reading →

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A Greater Lawlessness—On Tyranny

Posted on April 3, 2017 by Popular Economics Weekly

Financial FAQs Have we elected a tyrant as President? It’s hard to believe the clownish behavior and blatant lies of President Donald Trump could make him a tyrant, but author and history Professor Timothy Snyder says he has all the … Continue reading →

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Who Killed Our Middle Class?

Posted on January 17, 2017 by Popular Economics Weekly

Popular Economics Weekly It’s becoming clear that our Middle Class—the midsection of U.S. earners and consumers—has shrunk alarmingly. And this is the main reason for the political polarization today that in the words of journalist Christopher Hedges, has driven the … Continue reading →

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Hillary Clinton, the New FDR?

Posted on October 24, 2016 by Popular Economics Weekly

Popular Economics Weekly Even President Obama, among others, has said Hillary Clinton is one of the most qualified presidential candidates ever. And she has been advocating a new New Deal for America, including tuition-free public universities and colleges, paid maternity … Continue reading →

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Why Did Brexit Happen?

Posted on July 3, 2016 by Popular Economics Weekly

Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading →

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What Happened to Our Economy?

Posted on June 7, 2016 by Popular Economics Weekly

Popular Economics Weekly The major debate during this campaign season is about economic growth. Who has it benefited and who was left behind? Sanders says we aren’t spending enough to create more jobs, and Trump wants to build walls to … Continue reading →

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Job Openings and Hires At Record Levels

Posted on February 9, 2016 by Popular Economics Weekly

Popular Economics Weekly Job openings rose 5 percent to 5.6 million in December, the Labor Department said Tuesday. So why are the financial markets worrying about a looming recession? That reading was the second-highest ever recorded, behind only July 2015, … Continue reading →

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