Blog Archives

Analysis: From chips to ships, shortages are making inflation stick | Reuters

Editorial Comment – Hmm, print historically unprecedented amounts of fiat currency then prices rise and stay there…who could have seen this coming? 😉 Soaring gas prices, staff shortages, a lack of ships — price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory. — Read on www.reuters.com/article/global-markets-inflation/analysis-from-chips-to-ships-shortages-are-making-inflation-stick-idUSL8N2QV1GH

Wolfgang Puck: ‘Waiters make $120,000 a year but I can’t find them’

Waitstaff are making $120,000?! During my university days, granted they were some years back, I got $2.14 per hour plus tips. Not even award-winning celebrity chef Wolfgang Puck is immune to the labor shortage plaguing the restaurant industry. — Read on finance.yahoo.com/news/wolfgang-puck-waiters-make-120000-a-year-but-i-cant-find-them-163442777.html

Want to Move to Our Town? Here’s $10,000 and a Free Bike.

Communities around the US are competing for residents, offering perks that are hard to refuse. Springdale, Arkansas, a fast growing city in one of the nation’s top-ranked metropolitan areas, offered $10,000 and a bike. I was surprised to read this because it is my hometown I left 30 years ago to attend university and eventually […]

Ikea partnered with a tiny home maker to create Escape Vista Boho XL – Business Insider

The home sits inside of Escape Homes’ 187-square foot Vista Boho XL, and the interior is primarily lined with eco-friendly Ikea furniture. — Read on www.businessinsider.com/ikea-partnered-tiny-home-maker-unveil-its-tiny-home-project-2020-11

A Depression-Era Idea Gets a New Look: Local Money – Bloomberg

Fans of “complementary currency” are betting that this Depression-era idea for keeping towns alive by printing local money can prove its worth as pandemic relief. Source: A Depression-Era Idea Gets a New Look: Local Money – Bloomberg

Are We at a Tipping Point for a National Food Crisis?

‘Everyone tested positive’: Covid devastates agriculture workers in California’s heartland Read more about how California’s agricultural sector is struggling to survive during the current economic crisis, and what the implications might be. — Read on www.yahoo.com/news/everyone-tested-positive-covid-devastates-100005164.html

Is This the Beginning of a Crisis-induced Urban to Rural Migration?

Here is an account by one young family that, because of economic and corona virus concerns, moved from urban California to rural Maine to live with the author’s parents. — Read on www.yahoo.com/news/relocated-central-california-tiny-coastal-130200430.html

Hunger rate amid coronavirus will go higher than during Great Depression: Feeding America CEO

The collapse of the “Almost Everything Bubble,” which was catalyzed by NOT created by SARS-CoV-2, is increasing the the rate of hunger across the US. Food production, processing and distribution systems have all been severely impacted and will not be able to recover in the near term. — Read on www.yahoo.com/finance/news/hunger-rate-amid-coronavirus-higher-than-during-great-depression-feeding-america-ceo-113427115.html

ECONOMIST WARNS: U.S. ‘cannot carry on for long’ with 32 million unemployed

Equity markets are hitting and maintaining all time historic highs, so it seems reasonable to believe that the economy is performing at exceptional levels in order to justify the record-high valuations.  However, when one becomes aware that there are at least 32 million unemployed, that many of the lost jobs will never return, and that […]

The Jobs Market Isn’t as Healthy as It Seems

(Bloomberg Opinion) — A hallmark of the U.S. economy’s record expansion has been steady growth in employment. Judging from the jobless rate, in fact, the labor market is the best it’s been in half a century. But what is missing in the focus on the numbers is a severe and troubling deterioration in the — Read on finance.yahoo.com/news/jobs-market-isnt-healthy-seems-120052383.html