Category Archives: Economics

The $18,632 electric eBussy can turn into 10 different vehicles by using different modular attachments — see how

It’s about time somebody came out with a “Lego” like electric vehicle. What kid-at-heart wouldn’t want one? Source: The $18,632 electric eBussy can turn into 10 different vehicles by using different modular attachments — see how

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 […]

Banks Are Paying People to Bring in Their Spare Change as National “Coin Shortage” Takes Place

All that spare change you have lost in your sofa can now earn you a profit at many banks around the country. Read more here: Source: Banks Are Paying People to Bring in Their Spare Change as National “Coin Shortage” Takes Place

America, we have a problem

Money isn’t distributed equally enough in America anymore, and it’s getting worse, faster. Those living on minimum wage are earning 38% less, adjusted for inflation, compared to their counterparts 50 years ago. What gives? — Read on finance.yahoo.com/news/america-we-have-a-problem-115714416.html

Japanese startup creates “connected” face mask for coronavirus new normal

Cool new business idea from Japan: smart masks that do the communicating for you when you can’t. — Read on www.yahoo.com/entertainment/japanese-startup-creates-connected-face-094546599.html

Another U.S.-Wide Housing Slump Is Coming

The Corona Virus outbreak is expected to bring hardship to many parts of the economy, including the still overvalued housing sector. Once the virus contagion subsides and economy starts up again, baby boomers are expected to flood the housing market as they try to downsize and extract equity from their homes in order to cover […]

The U.S. Isn’t Ready for What’s About to Happen – The Atlantic

Even with a robust government response to the novel coronavirus, many people will be in peril. And the United States is anything but prepared. Source: The U.S. Isn’t Ready for What’s About to Happen – The Atlantic