The Fed doesn't give two 💩 about John & Jane Q. Public. Now they can trot out to the MSM and say that they want to avoid unemployment but, golly gosh, in order to do it, we gotta keep inflation up. Do you really believe...
Image by Alexandra_Koch from Pixabay BlackRock CEO: 'Rethink retirement' There's a global retirement crisis on the way, says BlackRock CEO Larry Fink, in his annual shareholder letter. Fink warns that an aging population is putting pressure on Social Security and other social safety nets — and that the problem will...
-https://finance.yahoo.com/news/spurned-economy-young-americans-feeling-141000165.html This year, the United States dropped out of the top 20 ranking in happiness for the first time since the report began a little more than a decade ago. Adults across all ages in the nation reported lower scores, but the youth appeared to be most dejected....
[buzzsprout episode='14704980' player='true'] "40-year-old homeowner says economy doesn't add up: "I'm making the most money I've ever made, and I'm still living paycheck to paycheck" -https://fortune.com/2024/03/15/why-economy-bad-making-most-money-ever-living-by-paycheck/ IT DOES ADD UP. IT ADDS UP FOR THE FAT CATS IN THE CRONY CAPITALIST SYSTEM WHO PROFITEER MERCILESSLY OFF OF EVERYONE...
-https://www.cnbc.com/2024/03/22/chrysler-parent-stellantis-laying-off-400-salaried-us-workers.html That might be putting it mildly. Stellantis is laying off roughly 400 U.S. salaried employees in its engineering, technology and software organizations to cut costs. The automaker on Friday said the layoffs would affect about 2% of employees in those units “after rigorous organizational reviews.” The cuts are...
Image by Kasjan Farbisz from Pixabay Dollar Tree is more like $7 Tree as value chain lifts its price ceiling Shopping at Dollar Tree is going to require a few more dollars in the coming months. The discount chain, on its earnings call Thursday, announced it was increasing its top-level price on items...
If having a strike really worked as a long-term solution, John & Jane Q. Public would never be allowed to do it. These allegations against YT Music are particularly damning because they made the unionized folks train their own replacements . . . who are...
if you're a fat cat. -https://fortune.com/2024/03/15/why-economy-bad-making-most-money-ever-living-by-paycheck/ I intend to record a podcast episode about this because it's so damned important. IT DOES ADD UP. THIS IS BY DESIGN. THESE BOOM/BUST CYCLES ARE ENGINEERED! These boom/bust cycles and inflationary cycles are ENGINEERED. They don't happen by weird random accident. "A market,...
Image by Michael Misof from Pixabay Down the road, I'll publish a podcast episode re: The Manchurian Candidate (which is a fantastic book) and The Winter Soldier. In Captain America: The Winter Soldier, there's a subplot about "Project Insight." "Project Insight was a secret S.H.I.E.L.D. operation initiated as a direct response to the Battle of New York....
[buzzsprout episode='14601771' player='true'] With layoffs and a less than stellar economy, prospective employers expect candidates to go through longer and more frustrating hiring processes. Likewise, some clients will expect freelancers to jump through hoops to gain a project. So what to do? Should you go along...