Category Archives: Economy
Will Everything be Awesome for SoFi Stadium?
The property adjacent to the northeast intersection of South Prairie Avenue and Century Boulevard, in Inglewood, California, has undergone a staggering facelift over the last three years. The former Hollywood Park Racetrack was demolished and regraded. SoFi Stadium, at a price tag of $5 billion, is being constructed in its place. Continue reading
The Upside of The Great Depression of the 2020s
The monster of all monsters is rampaging far and wide. The Federal Reserve, the central bank responsible for issuing U.S. legal tender notes, is going big. But its aim is small. Continue reading
Boeing’s Bean Counter Culture and Mass Financialization
The demise of Boeing culminated in late-2018 and early-2019 when the company’s revamped 737, the 737 MAX, suffered two systems malfunction induced crashes. This prompted aviation authorities around the world to ground the 737 MAX. Continue reading
Your 12-Point Great Depression II Survival Guide
And just like that – after a magnificent 11 year run – the bull market in U.S. stocks is dead. From its peak close of 29,551 on February 12 through yesterday’s [Thursday] close of 21,200, the Dow Jones Industrial Average (DJIA) has dropped over 28 percent – in just 30 days! RIP. Continue reading
