Thursday , 26 December 2024

Economic Overviews

Fed Financial Stress Indexes All Agree That…. (+2K Views)

Three indexes of the Federal Reserve...calculate and report statistical measures of financial stress in the U.S. economy on a regular basis...[and] all three have returned to their pre-recession levels last seen in May 2007. [What does that mean for stock market valuations? Let's take a look.]

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Food Stamps Mania – State By State (+2K Views)

In 1975, 8% of all Americans were on the federal Supplemental Nutrition Assistance Program (SNAP). That percentage is 15% today. Enrollment soared to 47.8 million participants in recent months, an increase of 70%. Below is an interactive graphic showing the number of SNAP recipients in each of the 50 U.S. states.

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Canada & the European Union Are Proposing Cyprus-style “Bail-ins” for Their Too-Big-To-Fail Banks! (+2K Views)

The politicians of the western world are coming after your bank accounts. Cyprus-style "bail-ins...for systemically important banks" are actually proposed on pages 144 and 145 of "Economic Action Plan 2013" in the new Canadian government budget and it is being reported that the European Parliament will soon be voting on a law which would require that large banks be "bailed in" when they fail. ...I can't even begin to describe how serious all of this is. So exactly what in the world is going on here? Words: 1075

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