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I happened upon this chart at the St. Louis Fed of all places whenst doing research for something else. Throughout the whole report they forgot to make one major adjustment or distinction;
Silently, quietly, Mexico is starting to look like a rapidly developing nation that has promise and potential (notice I said POTENTIAL, not HOPE). GDP is growing at a faster rate than the US. Work ethic seems to be more embedded in the culture than...
A very very bad site, because it is so good and you'll waste a lot of hours just looking through it, is Pension Tsunami.
Friend recommended it to me and I won't lie;
It's great reading about all the California municipalities and counties who did...
I love stories like this in that THIS was what the US USED TO DO.
We'd just do it.
Hoover Dam.
Horseshoe Dam.
The Interstate system.
You name it.
We wanted to build it, and BAAMM!!! There it was!
But now, good luck trying to even get windmills...
In Garage Logic, a popular radio show here in the Twin Cities, the host Joe Soucheray likes to link things to one another. It is a sociological version of "for every force there is an equal and opposite force." Therefore one thing will inevitably...
GDP growth is chaotic.
Therefore to see if there's any kind of trend you need to average it out over longer periods of time. I did this on a 10 and 20 year trailing average, where I simply took the past 10 and 20 years worth of economic growth and...