A worse Repeat of 2020- Historical Context of 50-70% Stock Market Drops: Historically, stock market drops of 50-70% are associated with the most severe economic crises and periods of extreme uncertainty: How a “No Confidence” Scenario Could Potentially Lead to a Major Market Drop: If the current situation arises in the U.S. that was perceived… Continue reading Mondays 50-70% Drop in the Stock Market
Tag: economics
The Hidden Costs of Shrinkflation: A Closer Look at Grocery Prices
The Hidden Costs of Shrinkflation: A Closer Look at Grocery Prices SHRINKFLATION HAS HIT MARUCHAN INSTANT NOODLES TOO! In recent years, consumers have become increasingly aware of a phenomenon known as “shrinkflation.” This term describes the practice of reducing the size or quantity of a product while maintaining the same price, effectively creating a hidden… Continue reading The Hidden Costs of Shrinkflation: A Closer Look at Grocery Prices
How does America get money to continue to run on a deficit?
The U.S. government runs on a deficit when its spending exceeds its revenue. To continue operating with this shortfall, the government borrows money. Here’s a breakdown of how it works: 1. Understanding the Deficit 2. How the U.S. Borrows Money 3. The National Debt In simpler terms: Imagine the government as a household that… Continue reading How does America get money to continue to run on a deficit?
The Enigmatic Fascination with Profligacy: An Exposition on the Dichotomy between the Affluent Elite and the Ordinary Laborer
In an epoch where pecuniary triumphs are ostentatiously paraded, the palpable chasm separating the affluent elite from the quotidian worker emerges with excruciating clarity. The narrative of the industrious individual extracting gold minutiae from the refuse of an extravagant gala entitled “Lust for Gold” serves as an evocative allegory for the superfluity and absurdity that… Continue reading The Enigmatic Fascination with Profligacy: An Exposition on the Dichotomy between the Affluent Elite and the Ordinary Laborer
Major Legislative Milestones in American History
Major Legislative Milestones in American History Here are some of the most significant pieces of legislation passed by the United States Congress, along with the presidents who signed them into law: The New Deal Era (1930s) The Great Society Era (1960s) Environmental Protection Economic Regulation
Understanding the Cuban Ration Book Dilemma: A Contextualized Education
Understanding the Cuban Ration Book Dilemma: A Contextualized Education The statement by Prime Minister Manuel Marrero Cruz highlights a complex and challenging situation in Cuba. Let me shed some light on the context and delve into the intricacies of the Cuban ration book system: 1. Cuban Ration Books (La Libreta de Abastecimiento): 2. The Challenge:… Continue reading Understanding the Cuban Ration Book Dilemma: A Contextualized Education
Closing the Southern Border
The economic, humanitarian, and logistical impacts of closing the U.S. Southern Border would progressively intensify with each extended closure period, making a 30-day, 60-day, and 120-day scenario analysis helpful in understanding the potential consequences: 30-Day Closure: 60-Day Closure: 120-Day Closure: Additional Considerations: Overall, even a short-term closure of the Southern Border would have serious economic… Continue reading Closing the Southern Border