Wealth Wire Archives
Economy ArchivesIn the US, Everything is Falling Apart - 2011-01-05
Twenty sickening facts that'll having you thinking twice about our "strong" infrastructure
Panic: UN Raises the Alarm - 2011-01-05
Prices just surpassed levels last seen during the 2007-08 crisis...
When States Default: 2011, Meet 1841 - 2011-01-04
Land values soared. States splurged on new programs. Then it all went bust, bringing down banks and state governments with them. This wasn't America in 2011...
Blackstone Group's Wien's Top 10 Surprises for 2011 - 2011-01-04
"Although inflation remains benign, the price of gold rises above $1600 as investors across the world place more of their assets in something they consider 'real'."
Is it Time to Freak Out over This Again? - 2011-01-04
Because banks have been playing "extend and pretend" by extending the terms of loans that can't be refinanced, never mind that the value of buildings has plummeted and vacancy rates are high.
The Issues that Will Dominate 2011 - 2011-01-03
While several debt and insolvency scares made their way through a hand full of countries within the EU in 2010, there will be three issues that will dominate the news in 2011.
Why We Could See a Huge 2011 Dollar Rally - 2011-01-03
Never mind the lackluster economy, the huge trade deficit or the government's piles of debt: The U.S. dollar is still expected to outperform most of the world's major currencies next year
China Growth May Have Already Peaked - 2011-01-03
China's economy may be on a cooling trajectory, having already experienced the high watermark of growth since the global crisis
Will There Be QE3, QE4, QE5...? - 2011-01-03
"Oh, it's certainly possible," Bernanke said. "And again, it depends on the efficacy of the program. It depends on inflation. And finally it depends on how the economy looks."
How to Cut Unemployment to 4% - 2010-12-30
President Obama's economists don't see 4% in their crystal ball. The latest projections, issued by the White House last summer, show unemployment averaging 9% in 2011, declining to 5.2% in 2017
Dude, Where's My Job? - 2010-12-30
The storyline being sold to the American public by the White House is that the economy is growing, jobs are being created, corporations are generating record profits, consumers are spending and all will be well in 2011
Serious Reasons to Worry about the Economy - 2010-12-30
"If home prices continue on this pace down, I think the economy has serious reasons to worry"
Finally... Some Good News for American Workers - 2010-12-30
This is the first time this important leading indicator has been below the psychologically important level of 400,000 since mid-2008
The Ultimate Dead Man Switch - 2010-12-30
This is exactly the type of information that lead people to condemn Wikileaks as dangerous
We Just Sold Our Children And Grandchildren Into Perpetual Debt Slavery - 2010-12-30
If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.
To Dow 16,000...Then 6,000? - 2010-12-29
There's a clear story in the numbers. The market has produced increasingly impressive rallies in recent years, and all of them have proved illusory, with the last ending in a tumble that dwarfed the ones before it
Short-Sellers Got to Obama, Says this For Profit College - 2010-12-29
After flourishing under loosened regulations during George W. Bush's presidency, they're under attack from President Barack Obama's administration, which wants to tighten the rules
Robert Shiller: If House Prices Keep Falling This Fast, The Economy Is Screwed - 2010-12-29
6 of the 20 cities in the index have now hit new lows, below the lows reached in 2009 before the "recovery" in house prices. In several cities, prices are back to where they were 10 years ago
Housing Demand Still Dead in the Water - 2010-12-29
And why some project prices will drop 8% more by mid-2011, given high supply
U.S. changes how it measures long-term unemployment - 2010-12-28
Citing what it calls "an unprecedented rise" in long-term unemployment, they'll raise from two years to five years the upper limit on how long someone can be listed as having been jobless
Baby boomers near 65 with retirements in jeopardy - 2010-12-28
Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire
Consumer spending back to normal? Not so fast - 2010-12-28
As U.S. retailers get ready to box up their Christmas decorations after a better-than-expected holiday season, many shoppers plan to join them by putting their wallets back in storage
Still No Housing Bottom Seen for a While - 2010-12-28
Home prices for all major U.S. cities fell across the board for the first time since February 2009. How far experts predict the declines to reach.
Has The Financial Collapse Of Europe Now Become Inevitable? - 2010-12-28
This is what happens when we allow long-term debt bubbles to be created
We're About to Blow Past The Post Depression Record - 2010-12-28
It is very possible that the unemployment rate will still be above 9% in December 2011. This high level of unemployment - and the number of long term unemployed - is an economic tragedy