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In both directions. h/t @LanceRoberts
Lance Roberts @LanceRobertsThis is really pretty incredible.
US household holdings of equities and mutual funds reached a record 278% of disposable personal income in the second quarter of 2026, up from just 29% in 1982, amplifying the stock market’s influence on consumer spending and economic activity._________________________
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Monthly Archives: October 2016
China: vendor-take-back financier to global debt bubble
China has provided several forms of vendor-take-back financing for the western credit/consumption bubble 2005-2015. First by recycling its export profits back into US and European treasury bonds (which kept rates low and allowed more borrowing in the west), then by … Continue reading
TED: What a driverless world could look like
What if traffic flowed through our streets as smoothly and efficiently as blood flows through our veins? Transportation geek Wanis Kabbaj thinks we can find inspiration in the genius of our biology to design the transit systems of the future. … Continue reading
The Behavioral Economics of Recycling
When I was very young, there was no municipal garbage pick up in our village, people were required to take their own garbage to the dump. This caused us to care about how much trash we created. My farmer grandparents … Continue reading
