Is The Fed Ready For A Recession?

Is The Fed Ready For A Recession?

Mar 3, 2020 | Debt, Economy, Finance

On February 11, 2020, Federal Reserve chairman Jerome Powell delivered a semiannual report discussing the economy and laying out the good, the bad, and the precautions that the Fed must take in the event of a future economic downturn. Although Powell spoke on a lot of...
Social Security Cannot Survive In Its Present Form

Social Security Cannot Survive In Its Present Form

Feb 20, 2020 | Economy, Politics

The biggest political issue over the next fifteen years may be changing conditions that affect how much Social Security can pay. This would include the decline in the ratio of those who are paying into the system to those collecting. Once this was as much was some...
Social Security Is A Terrible “Investment”

Social Security Is A Terrible “Investment”

Feb 19, 2020 | Finance, Retirement

Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment because it only provides an average annual income of some $17,000. This is a...
Subprime Loans Will Be Back With A Vengeance In 2020

Subprime Loans Will Be Back With A Vengeance In 2020

Jan 15, 2020 | News

One of the lasting legacies of the economic collapse a decade ago is subprime. After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Everything is subprime nowadays, as banks,...