The simple reason was supply and demand. As millennials aged into their homebuying years, homebuilders did not and are still not meeting the rising demand. In addition, millions of single-family homes lost to foreclosure were purchased by investors and turned into single-family rentals, further depleting the for-sale housing stock. The market was thus suffering a critical shortage, just as demand was taking off. Prices had nowhere to go but up. Until now.
Among the generations, older millennials (ages 28 to 37) are most likely to say they lose sleep because they are worried about something, with 77 percent experiencing this problem. Most older millennials, 49 percent, are worried about their relationships, with money concerns coming in second at 43 percent. However, this age group is the most likely to be stressed about money, followed by Generation Xers (ages 38 to 53) at 41 percent.
“In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S,” Trump tweeted. “‘Stop quarterly reporting & go to a six month system,’ said one. That would allow greater flexibility & save money. I have asked the SEC to study!”
A long-term truce could pave the way for talks on other issues, including the easing of a blockade that has crippled Gaza’s economy and allowing a possible swap of Palestinian prisoners in exchange for the bodies of two Israeli soldiers.
Between 2001 and 2017, the US spent an estimated $714 billion on a war that many observers argue America is still far from winning, Task & Purpose reported last August. Prince intends to privatize the conflict to reduce US manpower in the country and ultimately reduce spending.
Prince’s plan would see troops replaced with private military contractors who work for a special envoy that reports directly to the president.
The pay gap has risen dramatically, with some fluctuations, since the 1990s. In 1965 the ratio of CEO to worker pay was 20 to one; that figure had risen to 58 to one by in 1989 and peaked in 2000 when CEOs earned 344 times the wage of their average worker.
Designed to investigate the effects of nuclear radiation on humans and the environment, Project SUNSHINE saw the US government harvest and use, often without the permission of parents, the body parts of dead children and babies. Younger children typically have higher amounts of strontium in their bones, meaning that their tissues are more susceptible to radiation damage. Thus, they made better test subjects for the project.
This was significant, since predicting major asset bubbles is what has made Grantham such a world-renowned investor. His track record speaks for itself. He predicted the dot-com and housing bubbles that wound up crushing markets. In fact, his otherworldly prescience actually extends back to the late 1980s, when he called a bubble in Japanese equities and real estate.
“Printing Money” and Cocaine (Thomas R.)
Addiction to monetary stimulus and “money printing” results from central banking and fractional reserve banking practices. Larger profits for the banking cartel is a compelling incentive. Such “Keynesian stimulus” increases wealth disparity, consumer price inflation and mal-investments. Power and wealth concentrate in the financial industry, government and the banking cartel.
Microsoft Azure, the web hosting provider for Gab, has given the company 48 hours to delete some anti-Semitic posts or face a Big Tech shut-down. Gab is a Twitter alternative that claims to protect the right to free speech. It’s not a very good alternative, as the numbers just aren’t there to keep it interesting. Most of the time it’s just righties and ultra-righties fighting amongst themselves. But Gab’s claim to fame is that they won’t kick people off for having unpopular views or engaging in insult trading that morons refer to as “hate speech.” For some, that’s a worthwhile promise.
The fact-checking website Snopes.com verified the authenticity of those clippings and traced the story to the caption in a lengthy article in the March 1912 issue of Popular Mechanics on “The effect of the combustion of coal on the climate — what scientists predict for the future.”
Can U.S. Shale Stop A Global Oil Supply Crisis? (Michael S.)
Oil market investors and analysts are currently very much focused on the demand side, with concerns over the potential of trade wars to curb oil demand growth. On the supply side, analysts have shifted their focus onto losses from Iran, crumbling Venezuelan production, and whether OPEC and its allies will be able—and willing—to offset supply disruptions.
Conditions have been ripe for the erratic fire behavior that has led to the explosive growth of the Ranch fire, which along with the River fire makes up the 364,145-acre Mendocino Complex fire. The days are so hot and dry that whatever gains firefighters see overnight when the humidity goes up quickly fade when the sun hits the fuels and sucks the moisture out. Lately, winds have started to pick up about 5 p.m., gusting to between 15 and 25 mph.
The heatwave that has recently swept the US has put 100 million Americans under heat warnings; caused power cuts in California where temperatures in places such as Palm Springs approached 50C (122F); and resulted in deaths from New York to the Mexican border, where people smugglers abandoned their clients in the desert. Further north, in Canada, more than 70 people perished in the Montreal area after a record burst of heat.
Gold & Silver
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