A new report from Inequality.org has offered further insight into the growing gap between the world’s wealthy and the rest of us.
Between 2019 and 22, American families saw their incomes grow by about 3%, while the highest-income households...
The Chinese economy is shaking. China’s largest property developer, Country Market, warned it is on the verge of default this week. The company reported a loss of $7 billion so far this year, and it is part of a...
This is part two of this article discussing the coming economic meltdown. You can find part 1 here.
Crazy Stupid Ideas That Lead to the Coming Economic Meltdown
The father of capitalism, Adam Smith, wrote about the invisible hand of the...
This is part one of two articles discussing the next economic meltdown. You can find part 2 here.
At the end of last week, Silicon Valley Bank (SVB) became the second-largest bank failure in US history, with more than $200...
On Friday, the US Secretary of the Treasury, Janet Yellen, warned the US must take “extraordinary measures” to avoid defaulting on its debt as soon as January 19. Yellen explained she would impose those extraordinary measures until Congress agreed...
US inflation is rising. In March, US inflation rose to 8.5%, compared to 2.6% one year earlier. We can expect that number to keep ascending as the fallout of supply chain shortages, rising food prices brought on by the...
This article on the 2022 Economic Crisis was broken into two parts because we all know the other guys can’t handle reading more than the headlines and a short bit of the article. If you have not read Part...
Readers who give even the most minimal levels of attention to financial news and headlines recognize the name Evergrande from the last week's headlines. (Not to be confused with Ever Given, the massive boat that blocked the Suez Canal...
In late May, our family exited a year of pandemic lockdown for a 5,000 mile road trip of the west. Our vaccination cards secured, we toured three of the largest national parks, including the Grand Canyon, Yosemite, and Yellowstone....
This podcast series (released from the archives at the End of History) covers the history of the modern US economy and how economic inequality developed. Put your politics aside for this insightful journey through America’s economy as it grew...
