Economy

HISTORIC WEEK

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The Dow Jones closes above 40 000 for the first time as the finance world celebrates this week of a national historic milestone.

Trump just gave Biden the perfect excuse to revive a key point of attack

The message should be simple: Biden is fighting inflation, while Trump protects those who profit from it.

https://www.msnbc.com/opinion/msnbc-opinion/dow-40000-record-biden-infl…

ASSETS USA
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U.S. Wealth by Generation

Finally, we subtract liabilities from assets to arrive at total wealth by generation in the United States. Figures again are USD and in trillions.

Nikkei Asia: Banks
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Venture capital tries to find a way in the post-SVB era. Southeast Asia aspires to host the next startup financing ecosystem.

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The effects of Silicon Valley Bank's collapse could ripple through the innovation economy for years.   

 

A Global Recession
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The White House says it has an economic story worth telling. Now, it’s time to tell, American voters that it’s a worldwide problem.

The Republicans want to celebrate the global economic downturn they helped create by once again lying to USA taxpayers and pointing the fickle finger of fate. But Americans know best. It is the GOP Economy.

Classical Gas
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We went searching for the least expensive gas available in the New York City area and paid $4.79 or $76.77 at BJ's to fill up two cars.

If you are an American consumer who paid a fortune at the pump this weekend, please know that Democrats recently voted to crack down on gas gouging and every single republican voted no.

Here Comes The Fed

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Experts say greed causes inflation. Like pride, lust, gluttony, sloth, anger, and envy, greed is a deadly sin because it causes others. 

Greed takes the form of overwork. Consumerism is a view of the human person that reduces us only to what we can afford to buy and consume.

Return To Colonialism?
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The United States Supreme Court has issued.a ruling

Improved Broadcasting
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Back in the old days, some broadcast stations would boast about their 110,000-watt main transmitter as one of the most powerful FM stations in the wild West. East of the Mississippi. But that was then and this is now.

Are you familiar with  Clubhouse, Twitter Spaces, and Spotify's new live audio platforms? https://www.axios.com/newsletters/axios-media-trends-355cb906-96be-440b…

The Dark Wave
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Over one thousand Americans died from COVID on Thanksgiving Day and more were financially destitute and hungry on Thursday.

President Trump's continues lying about his election loss without providing any proof as his GOP rhetoric hampers recovery and Americans face heightened economic and health fears. 

Our national economy is in a dangerous and vulnerable spot entering the 2020 holiday season because POTUS and Republicans have failed to approve the necessary economic relief package, while The White House continually downplayed the COVID pandemic.

Anthem For Our Times
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As food pantry lines form all over the nation, "Brother, Can You Spare a Dime?" confronts a flashback of the Great Depression.