In the last 98 years every single time industrial production has declined by as much or for as long, the US has been in a formal recession
Legendary investor, author, and financial commentator Jim Rogers recently spoke with Bloomberg and issued a stern warning. Mr. Rogers responded to the idea that because central bank policy since the […]
The US federal government has borrowed more than all corporate and industrial loans, mortgages, student debt, consumer debt, and the entire US corporate bond market combined
Much has been made of the influx of foreigners buying real-estate in America’s largest and most expensive cities (here). While this has kept high end real-estate prices in the most […]
Ireland pays $2,400 per person per year to service its debt, or $9,600 per year for a family of four. Not far behind, Greece pays about $7,600 per family of four to service its debt. That amounts to 41% of the average household income in Ireland and Greece
For those looking for an elegantly simple explanation of the modern credit economy and why it has cycles, I strongly recommend watching the following video from Ray Dalio. The video […]
Who is paying the most to be in the EU and how much does it cost per person?
Between 2007 and 2015 rent increased 4.1% while incomes only increased 2.6%.
The Sounding Line is now on Twitter. Follow us at The Sounding Line @TapsCoogan for updates and new articles!
Submitted by Taps Coogan on the 9th of March 2017 to The Sounding Line. “Entitlement spending has increased from 9% of government revenues in 1952 to a whopping 73% in […]