BoingBoing: Americans have no savings, with good reason: housing, education and health care costs are out of control, wages are stagnant, and the Fed has suppressed interest rates…. basically you're going to die broke

@StockBoardAsset Anyone notice the trend in wages & salary growth? pic.twitter.com/ZuUe79fgcs — Alastair (@StockBoardAsset) December 13, 2017 America’s Wage Hope Hammered – Real Earnings Suffer Longest Slump Since 2009 For the first time since November 2009, real average hourly earnings tumbled …

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Small business optimism survey, Private sector credit: Expectations all the more trumped up with the new tax bill, but the details show actual conditions aren’t doing so well

by WARREN MOSLER Highlights Optimism among small business owners is surging, according to the National Federation of Independent Business (NFIB), whose Small Business Optimism Index rose 3.7 points in November to 107.5, the highest level since November 2004. The monthly jump …

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You Will Remember That During The Entirety Of 2007, The Majority Of The Media, Analyst, And Economic Community Were Proclaiming Continued Economic Growth Into The Foreseeable Future As There Was “No Sign Of Recession.”

by Lance Roberts Review & Update No Risk Of Recession Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Review I have been traveling a lot the last couple of weeks, so a big “Thank You” goes to Michael …

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Exuberant stock market, disappearing middle class, history repeats itself….1 in 5 American households have ‘zero or negative’ wealth, drowning in credit card debt, paychecks just aren't growing

Exuberant stock market, disappearing middle class, history repeats itself [ A 32-year-old mother of 7 children called Florence Owens Thompson, Nipomo, California. February 1936.] One in five American households have ‘zero or negative’ wealth U.S. homes have regained value since …

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