Mapped: The Median Age in Every U.S. County

by visualcapitalist See the full-size version of this map o see the high resolution version of this map, go here. The United States is a vast place, and every region is markedly different. Usually we look at these differences through lenses like geography, population density, preferences, wealth, and culture – but age is another interesting one to think … Read more

“Hidden Debt Loophole Could be Widespread”: Fitch

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it was a “key contributor” to the sudden collapse of outsourcing giant Carillion. As regulators and stiffed creditors were poking through the debris of collapsed outsourcing giant Carillion – once employing 43,000 people worldwide – … Read more

Vancouver Condo Bubble Takes New Hit: Murky Condo Flippers Targeted in Pre-Sale Tax Hunt

The changes pose real threats to the highly speculative pre-sale condo market. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: Starting September 17th, the BC Government will move forward with a new property transfer tax that will require people to report additional information, including their name, citizenship, and social insurance number, if they purchase through a … Read more

The NYT is Wrong About Trade. So is Everybody Else.

by Spencer P Morrison, NEE On July 15 President Trump tweeted: the European Union is America’s “foe” because of “what they do to us in trade.”  The European Council President Donald Tusk frantically responded: Europe and America are the “best of friends” and anything else is “fake news.” America and the EU are best friends. Whoever says we … Read more

Adam Smith on Tariffs: an Interview

by Warren Platts, NEE Adam Smith, author of An Inquiry into the Nature and Causes of the Wealth of Nations, considered the arguments made by today’s proponents of unilateral free trade and responded to them in print – more than 240 years ago. And with Donald Trump poised to impose tariffs on another $200 billion in imports … Read more

LATE-STAGE SOCIALISM: ‘The truth is we had to leave’: Fleeing Venezuela for Colombia.

‘The truth is we had to leave’: Fleeing Venezuela for Colombia. “Colombia is a lifeline for western Venezuela,” said Rafael Velasquez Garcia, the International Rescue Committee’s (IRC) head of mission in Colombia. “Every day more than 35,000 Venezuelans cross the Simon Bolivar bridge alone to purchase food and receive vital medical assistance, among other services … Read more

IF IT WEREN’T FOR DOUBLE STANDARDS, THEY’D HAVE NO STANDARDS AT ALL: Mark Levin: Interrupt Obama and reporters are racist, interrupt Trump and they’re heroes.

Hall of Fame conservative radio host Mark Levin is blowing the whistle on what he sees as a double standard over the Trump administration’s move last week to bar a CNN White House reporter from an event after she shouted several questions at the president inside the Oval Office. On his top-ranked radio show, Levin … Read more