States Investing the Most (and Least) in Higher Education

by howmuch Getting a degree is a surefire way to land a good paying job, and in general, earning more money means contributing more to the economy. But if going to college is such an obvious benefit, why do states contribute wildly different subsidies to public higher education? Our newest visualization illustrates the enormous disparities across … Read more

SURVEY: DC, Detroit, NYC Top ‘Worst-Run’ Cities

(CBS Local) – Washington D.C. may be the nation’s capitol, but a new survey is also calling it the “worst-run” city in America. Personal finance website WalletHub has released its rankings for the worst big cities in the country and found that several high-profile places are at the bottom of the list when it comes to … Read more

US home prices are soaring so high that people can’t afford to have kids

via businessinsider: There is clearly a housing bubble forming as home prices soar around the US. And a surprising side-effect is accompanying high home prices — declining birth rates. Rising home prices correlate with falling birth rates becuase they crowd out childcare financing. I’ve been ranting for weeks now about it… People don’t understand that sky-high … Read more

Goods and services from China accounted for only around 2.7% of U.S. personal consumption expenditures in the last decade! Over 80% of US personal expenditures are made in USA products and services.

by realister http://ritholtz.com/wp-content/uploads/2012/01/Made-in-…-.png “How can it only be 2.7% when almost everything in Wal-Mart (NYSE: WMT ) is made in China?” Because Wal-Mart’s $260 billion in U.S. revenue isn’t exactly reflective of America’s $14.5 trillion economy. Wal-Mart might sell a broad range of knickknacks, many of which are made in China, but the vast majority … Read more

The U.S. economy went into a mini-recession from late 2015 to early 2016.

via upfina: The US economy continues to outperform the rest of the world despite the fear of trade wars and with weakness in emerging markets and Europe. The chart below, using Haver Analytics data, gives an example of the stupendous U.S. growth. Source: Haver Analytics The current vertical increase is rivaling the improvement from 2010 to 2013 as there has been … Read more

The Slow Motion Train Wreck – Copper alarm is blaring, yield curve could invert during next rate hike, German economy headed for a sharp slowdown, China’s currency declines resume…

Copper Alarm Is Blaring! The 10 year to 30 year #treasury spread is now < 11 basis points. 00.10 or 1/10 of 1%, for literally TWENTY YEARS of #inflation risk. Yield curve could invert during next rate hike 3-Month Treasury Bill Yield… Jul ’09: 0.17% Jul ’10: 0.17% Jul ’11: 0.02% Jul ’12: 0.10% Jul … Read more

This is a time-lapse of GOES-16 images with Geo-color enhancement showing the evolution of Hurricane #Chris for the past few days.

This is a time-lapse of GOES-16 images with Geo-color enhancement showing the evolution of Hurricane #Chris for the past few days. Chris is now a category-2 hurricane with 105-mph maximum sustained winds. This is a time-lapse of GOES-16 images with Geo-color enhancement showing the evolution of Hurricane #Chris for the past few days. Chris is … Read more

Triple Lutz Report #457 – Make the Border Great Again and SCOTUS, NYC, and SF Too!

from Financial Survival Network I published an article about privatizing border security and enforcement. The feedback has been amazing. So here we are again. Let’s put a bounty on all illegals of $500-1000, with a bonus for felons and illegal multiple crossers. Coyotes are tops at $2500 per head. In no time at all, our southern border will … Read more

What the Sadly Deflating Bubble of Manhattan Office Buildings Looks Like

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is what happens when Chinese conglomerates get sidelined by unfortunate events. In the second quarter, sales of large office properties in Manhattan fell 26% from the same period a year ago. It was the worst Q2 dollar volume in years: Last year’s Q2 sales – as weak as they’d been … Read more

An Absolutely Epic Escalation Of The Trade War Has Us On The Precipice Of A Cataclysmic Global Economic Crisis

by Michael Snyder If Americans really understood how much their standard of living was about to change, the streets of our major cities would be packed with protesters by tomorrow morning.  For the past several decades, China and other low cost exporters have been flooding our shores with hundreds of billions of dollars worth of … Read more

An 11-Year-Old Girl With Terminal Stage Four Bone Cancer Was Just Named Prom Queen At A School In Ohio

by Michael Snyder This is one of the saddest, yet happiest, stories that I have written about in a long time.  Only about 12,000 people live in the little town of Monroe, Ohio but a remarkable 11-year-old girl that lives there is capturing hearts all over the nation.  Madison “Maddie” Smallwood has been battling bone … Read more