Read This if Most of Your Wealth is in Housing! Since rent caps have come in place in California and New York–that is, the amount that landlords can charge their tenants for rent is limited–a storm has been brewing in the housing market. Many people who found it challenging to make ends meet on their […]
Tag: Debt
Want a Good Indicator for the Economy?
Cartels use Walls, Grandpa uses his Couch & Everyone Else uses the Reverse Repo Where do we put all this cash? If only we had that problem, eh! Well, large institutions do have that problem. Money Market Funds (MMFs), hedge funds and large international banks have been utilizing the Reverse Repo a lot since the […]
The Cleanest Dirty Shirt
Now Thats a Good Looking Buck Years ago I remember hearing about a psychology study that went something like this: A random sample of men were brought in to a lab and were asked to rank-order photos of 20 women according to their attractiveness. But there was a catch, they were told that if they […]
Disability in the US
“I’m so sore even my hair hurts” Hey there Ladies and Gents, so what’s the deal with Disability in the US? According to the U.S. Department of Labor, 1.5 million more people in the civilian non-institutional population had a disability in 2022 than the year before. In fact, when combined with the increase from the prior year, there are 2.7 […]
The Rising Fastball Effect
The Rising Fastball Effect Breaking News!The Dollar is Crashing AND The Dollar is Stronger than Ever! You may have seen these opposing headlines or have a friend uttering this over and over–and both of them are not exactly wrong because this discussion is nuanced. The dollar, all things considered, is the number one export by […]
The Absurdity of Wedding Costs now
We’re homeless, but had a killer wedding, man! Everyone knows weddings can run up a pretty big tab. Do you know how much though? In 2020, the average cost of a wedding in the United States is $20,300, a decrease of 4,400 compared to 2019. This is an Average. What is surprising to me is […]
A Research Post To See About Recession Proof Gambling
You’re Gambling on Gambling It’s been widely remarked that gambling is a recession proof industry since people who are down on their luck gravitate to high-risk, ‘get rich quick’ schemes. I wanted to write this article to go through some of the literature to say that the results are not that simple and that an […]
The Largest Disaster on Earth
Shocking Numbers from Africa This is data is taken from the 2022 Ibrahim Index of African Governance–the most thorough, intensive research report I’ve seen on the continent. I’m in the process of breaking down some important results (by overall governance trends and then it’s individual categories) that I strongly encourage you to check out by […]
Stranded on an island with Tuition debt
Your Life is Worth More Than Your Grades Oh boy, you’re graduating high school soon and you’re still unsure what to do? Life= Over There’s many conflicting messages: Your friends are battling for the top universities; one family member is encouraging you to take a trade like carpentry or plumbing as though they have discovered […]
Azerbaijan
Using Fire Protectors as Wealth Protectors What in gods name is this article about… Fire protec–using a fire blanket to protect my cash? Not quite. There’s a country out there that very few people hear about, can point to on a map, or know anything about. While they’re not the richest (& likely won’t be […]
