Young Adults Suffer from Unemployment
Young adults are suffering the most from unemployment in the United States. The unemployment rate for teenagers jumped to 27.6% in October, which was up almost 2% from the prior month. This can be...
View ArticleReal Unemployment Hits 10.3% in February – Gallup Research
Again, the U.S. misrepresents its economic data…and we blame China for making up it’s GDP numbers. The following charts from Gallup (unadjusted for seasonality), show that the unemployment rate in the...
View ArticleUnderstanding Bankruptcy as the World Collapses Around You (1)
We have seen the dire economic consequences of excessive consumer, corporate, financial, and sovereign leverage of the past 5 years. Our global economy has been a punching bag for corporate greed,...
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