If There is a Recession Coming, How Can We See it Before it Happens?

by Tony Wyman June will mark the 10th anniversary of the end of the Great Recession, the longest and deepest economic downturn this country had seen since World War II.  Unemployment doubled, housing values dropped 30%, the S&P 500 declined 57% and U.S. households lost $14 trillion of wealth, more than 20%, during the nearly 19-month decline. SInce then, the country has enjoyed one the longest periods of expansion in the nation’s history, thanks to the aggressive and unprecedented responses by fiscal and monetary policy makers in the Bush and…

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Don’t Want Immigrants Crossing The Border? Then Stop Buying Cheap Stuff

by Tony Wyman Can we be honest about immigration for a change? I know we want to blame the issue on politicians and business leaders, but they aren’t the real reason immigrants are coming to the United States.  You are. You, the consumer constantly demanding better goods and services at steadily declining costs, are the primary reason more low-skill immigrant laborers are coming to America.  You are creating a demand for them, a demand that grows year-after-year. And that is a good thing!  Because consumer demand for affordable goods is…

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