US economy Archives - Rethinking the Dollar

The Making of A Monetary Crisis By 2020

Mar 9, 2023 | Financial Literacy, Monetary Education

Article originally appeared on The Project Syndicate (here) and written by economist Nouriel Roubini. As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether...

82% Of Americans Say They Couldn’t Afford $500 Emergency Thanks To COVID-19

Dec 7, 2020 | Economic Collapse

A recent survey of 2,000 Americans carried out by “innovation consultancy” Highland took a close look at how personal finances and spending habits have changed since the start of the COVID-19 pandemic, which crushed the US economy and has triggered a protracted...

90% Of Americans Demand New Stimulus; Blame Dems, Republicans Equally

Sep 22, 2020 | Economic Collapse

With Washington in a state of flux following the death of RBG, which has reset all ongoing political negotiations as well as the calculus on everything from the elections to a new stimulus bill now that the vacant SCOTUS seat is the key item in US politics,...

Negative Rates In The US Are Virtually Guaranteed Now

Mar 5, 2020 | Economy, Finance

On October 19, 1987, the US stock market suffered the worst crash in its more than 200 year history, dropping more than 23% in a matter of hours. It wasn’t just in the United States, either. More than 20 major stock markets around the world, from London to Hong Kong...

They’re Gonna Need A Bigger Rate Cut!

Mar 5, 2020 | Economy, Fed

Stop and pause for a moment and think about what just happened. The Federal Reserve says the US economy is strong, but it just initiated emergency monetary policy last seen during the worst financial crisis since the Great Depression. Something doesn’t add up. The Fed...