This clip is ten years old and timeless. Funny because so painfully apropos at every income level. (Thanks, John, for sending this one from the archives).
On the other side, of course, we have all the credit pushers brainwashing the masses with assurances that we “deserve credit” and are “richer than we think.” Make it stop! Here’s a direct video link.
Solar & wind break records; taking huge market share from coal & gas. Here is a direct video link.
Lakshman Achuthan and Anirvan Banerji are co-founders of the Economic Cycle Research Institute (ECRI), which determines recession dates for 22 economies around the world. Their latest findings are summarized in Don’t be fololed! A recession really is coming:
Recession concerns in the US are widespread these days. Yet, some economists argue that the strength of the labor market — as well as household balance sheets — will keep the economy strong enough to avoid a recession.
We disagree. Despite the relatively robust job growth we’ve been seeing, the Economic Cycle Research Institute (ECRI), which we co-founded, has been predicting recession since last spring, and it remains our expectation that the US economy will enter a recession this year…
We saw a mirror image of today’s economy in the spring and summer of 2008, when the Great Recession, which started in December of 2007, was already underway.
