Archive for July, 2015

Illegal Immigrants Outnumber Unemployed Americans

Posted July 29, 2015 By David Haggith
immigration economics has a huge cultural cost

The number of illegal immigrants in the United States totaled 11.3 million in 2014, outnumbering the 9.6 million Americans who were unemployed in the same year, according to data from Pew Research Center and the Bureau of Labor Statistics (BLS). “The new unauthorized immigrant total includes people who cross the border illegally as well as […]

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Bursting Bubbles: China’s Bubble Burst, What Next?

Posted July 28, 2015 By David Haggith
Wall Street bubbles being blown everywhere

Bubble, bubble, we’ve got trouble. China’s market turned to rubble. Wonder, wonder who comes next? Burst your bubble; read this text.   U.S. stock market’s hot-air balloon ride has already ended   With China’s bubble burst, you might want to re-examine the U.S. stock market if you have ever enjoined the illusion that the market’s growth […]

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The Trump Card of American Politics

Posted July 18, 2015 By David Haggith
2018 economic predictions

I would have a hard time voting for Donald Trump. I would have a hard time not voting for Donald Trump. Trump serves himself first. He’s a cartoon of bombast and ego. He has used political campaigns frivolously just to generate media attention and then backed out of the race when it got real. Yet, Donald Trump and Bernie Sanders […]

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Angela Merkel's euro crisis is back ... in 3D

The deal force-fed to Greece by the Germans guarantees Grexit 2015. Look at all that this deal has embedded into its terms, and you’ll see how a Grexit is now assured. This new eurodeal creates all the chemistry necessary for an explosion. Yet, the stock markets rose today because people are excited that, at last, a deal is […]

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The Great Global Economic Trainwreck

Posted July 9, 2015 By David Haggith
By Photo credited to the firm Levy & fils by this site. (It is credited to a photographer "Kuhn" by another publisher [1].) (the source was not disclosed by its uploader.) [Public domain], via Wikimedia Commons

Granted, global economic collapse can’t be declared as a fact yet, but train wrecks take time. A train doesn’t just crash like a car; it keeps crashing, piling car upon car, banging, tearing out trees, bending steel, plowing up rails, smashing buildings … until all the momentum is finally exhausted to the last squeak. It didn’t take […]

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By user:Paolo Bottazzi (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

Nonie Darwish is a woman born in Egypt as a Muslim. The following is a paraphrased description of her latest book, Joys of Muslim Women, in which she offers descriptions of her long experience inside of Islam: (As terrorism from Islamic Fundamentalists and war with Islamic Fundamentalists is very much a part of our current economic equation, I am […]

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