Independent thinking for complex markets and current events
You will own nothing and be happy: ‘A universal basic income of £1,600 a month is to be trialled in England for the first time in a pilot programme. Under the pilot programme, 30 people in two areas will be paid an unconditional lump sum each month for two years, with the participants observed to …
The housing market has never been more out of reach for people. https://t.co/vYbrjSumPt — Win Smart, CFA (@WinfieldSmart) June 3, 2023 The Housing Market Has Never Been This Unaffordable For New Buyers Americans looking for a new home are facing the least affordable market ever, according to data from the Mortgage Bankers Association. The group’s …
by CrimsonRunner Gross Domestic Income (GDI) measures the income generated from producing the Gross Domestic Product (GDP). Real GDI (or Real anything, really) is the inflation-adjusted measurement. The current Real GDI is negative (Q4’22 was also negative but just barely), meaning the US economy as a whole lost money YoY for the second quarter in a …
Vladimir Lenin: “The best way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation”. Are you getting what you voted for? Central Banks Will Pivot Quickly. Stagflation Coming: Lacalle He sees a mild economic slowdown – more-so than a severe recession – due to his belief that central banks …