finance

Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.

Inflation also has positives
Amid the hysteria about inflation, its easy to miss the fact that it's not just a source of suffering for people. There are in fact winners when there is inflation. The big ones being people with debts.
By Buck Hardcastle4 years ago in The Swamp
A Look At The Coming Recession And Surviving The Rough Patch
The realities about our economy may have people worrying, having sleepless nights, and generally stressed. As gas and energy prices remain out of control and prices of food and other consumer items skyrocket, the economic news is constantly grim.
By Jason Ray Morton 4 years ago in The Swamp
Economic collapse is upon us. Top Story - May 2022.
I remember being a kid when my parents had to go through a financial crisis. It was back in 2008 and it was caused by the American housing bubble. Back then I only felt it partly because my parents made sure that I and my sister were well-taken care of.
By Drake Flyer4 years ago in The Swamp
Billionaire Trader Ken Griffin Navigates A Flock Of Black Swans
Ken Griffin is staring pensively out a wall of windows on the tenth floor of a Midtown Manhattan office building, one of three locations in New York City occupied by his $47 billion Chicago-based hedge fund, Citadel. It’s early March. Vladimir Putin’s mechanized assault on Ukraine has stalled; he’s now making veiled threats about nuclear strikes. From Griffin’s vantage point there’s no mushroom cloud on the horizon, but the prospect is deeply worrying to the financier.
By irinelvocal24 years ago in The Swamp
Working as a Financial Adviser
I was so to speak in the belly of the beast. A place where the neo-liberal constitution was on full display every single day; an investment firm. There, during my training and short tenure as a financial adviser I was exposed to a culture of individualism, a reverence of property rights, a mindset of profit maximization, and a tendency to cut costs. To summarize my entire life was to be oriented around a market logic.
By Arjuna Fournier4 years ago in The Swamp
A Possible Reversal from Edge of Recession
Do you believe that the economy is in such overblown form that a bubble is going to burst? Investors estimate that the economy will enter a recession with a 50% likelihood based on the economy’s previous exponential expansion and contraction tendencies. It appears to have taken a long time to complete, but has recently been accelerated by high inflation and extremely high rising oil prices as a result of the Russian War, both of which have sped up the process.
By Estalontech4 years ago in The Swamp
The Housing Crisis Today
When the Fed raised interest rates, they apparently forgot that every time they have done so in the past inflation only increased. So, this time they really added salt to our already critically wounded economy. The dire conditions millions face remain unabated whenever the Fed acts. We have to remember that the Great Depression made millionaires in a time of the greatest financial and economic calamity of the 20th century. Today, the justification for interest rate hikes is basically the same. The profiteering of many individuals and corporations have unleashed a cataclysm of financial hardships that has expanded to almost 4/5 of the US population. Essentially what is happening is nothing more than price gouging. Yet state and federal governments have proved ineffective to address what is already becoming one of the worst housing crises since the Great Depression.
By Dr. Williams4 years ago in The Swamp
Mutual Aid versus Charity
In our day-to-day, we typically think of there as being 2 main ways to help out disadvantaged communities such as the Disabled, Homeless, LGBTQIA+ Youth, etc. Those two are Government welfare and/or Charity, but Charity is not as great as it immediately seems, and can often act as a barrier to real assistance to those groups. Due to some shady non-profit practices, Bureaucracy, and lack of meaningful support from the charities in general. But there's a new kid on the block, or rather relatively new to the mainstream but a pretty old idea.
By Ashyr H.4 years ago in The Swamp
What Happens If There Is A Financial Storm?
Many people throughout the world have had to increase their debt-to-income ratios, but Americans may not have had to. Joe is happy to pay people to remain home and encourage the “ Great Job Improvement ”phenomenon,this is actually an outcry as the Dem are renaming it to supersede the massive resignation phenomenon that was derived as record numbers of people are leaving their jobs after the COVID-19 pandemic. The COVID-19 pandemic had a major impact on the job market and has been named one of the reasons for the current recession in the United States.
By Estalontech4 years ago in The Swamp
Does the Government Print Money to Fund Itself?
There are two very different views dominating the debate about the Bank of England’s (BoE) ‘quantitative easing’ (QE) programme — the purchase of government bonds using newly created money.
By Alex Hughes4 years ago in The Swamp
5 Economic Benefits When Workers Telecommute. Top Story - January 2022.
When Covid-19 hit the scene in 2020, it forced employers into a corner. Either they became flexible with their work arrangements, or they allowed their production to flat line. We can argue on either side of the fence the pros and cons of this hostage situation, but at the end of the day, there inarguably were both pros and cons.
By Jade Cinders4 years ago in The Swamp
Potential US Dollar Depreciation and Protect Yourself from Hyperinflation
Hyperinflation isn’t as scary as it sounds. It’s really just a fancy way of saying inflation, and inflation isn’t necessarily bad. However, when inflation gets really high, it becomes problematic.
By Estalontech4 years ago in The Swamp