by Joseph Joyce The Increasing Debtor Status of the U.S. The Net International Investment Position (NIIP) of a country reflects the difference between foreign assets owned by domestic residents and domestic liabilities held by foreign residents. The difference, positive or negative, determines a country’s status as an international creditor or debtor. The U.S. position, which […]
New home prices may have peaked after all – by New Deal democrat Yesterday I wrote, “The median price of a new home increased 1.7% in June (not seasonally adjusted), and remained sharply higher YoY at 15.1%.” That’s true, but it wasn’t complete. The 15.1% figure is from the quarterly average. On a monthly basis, […]
“The media’s ongoing lies about Merrick Garland are doing a lot more harm than you think” – Palmer Report, James Sullivan An interesting little blurb on the impact of the latest President Joe Biden administration (Merrick Garland) action reminding hospitals they must do abortions if the mother’s life is endangered. As taken from the Palmer […]
Coronavirus dashboard for July 27: likely at or past the BA.4&5 peak Let’s start with Biobot, since wastewater doesn’t lie. The bad news is, that it shows a nearly 50% increase between June 29 and July 20. The good news is, in the last week of that period, between July 13 and July 20, it […]
Maybe, I have not been looking hard enough with regard to information on Vicktor Orbán, his views, and his impact on Hungary and Europe. It appears our Republican leaning buddies have invited Viktor to come to Dallas, Texas. There he will address CPAC and a large gathering of American conservatives. Earlier this year, Viktor had […]
What I have been reading this week . . . ~~~~~~~~ Politics “What Will Come of the January 6th Committee’s Case Against Trump?” | The New Yorker, Amy Davidson Sorkin “The committee itself cannot file criminal charges, though it can refer its findings to the Department of Justice. It’s not news to the D.O.J., of […]
New home sales continue to fall sharply, while prices for both new and existing homes continues to increase sharply New home sales declined further in June to 590,000 annualized and May was revised sharply lower as well: This was the lowest number since the pandemic lockdown month of April 2020, and before that since December […]
“Who got rich off the student debt crisis?” – Reveal (revealnews.org), James B. Steele and Lance Williams A bit of a story of how we got to this student loan debt debacle. It is long, tedious, and not exciting. And this is only part of it. In 2016, 42 million people were owing $1.3 trillion in student […]