by Daniel White | Jan 6, 2020 | Economy
January 6, 2020 Let’s talk about risk. Going back to the 2009 subprime mortgage crisis, it was clear a lot of bad mortgages were packaged as investments and sold off. When the mortgages went bad, so did the investments, causing a disastrous economic ripple effect....
by Daniel White | Dec 23, 2019 | Economy
December 23, 2019 Democrats like Elizabeth Warren and Bernie Sanders are proposing an annual tax on wealth (all assets, not just income) aimed at the richest Americans. Under this plan, Americans with more than $50 million in assets would be taxed 2 percent...
by Daniel White | Dec 12, 2019 | Economy
December 16, 2019 Who will the millennials vote for? The answer might scare you. We’ll start with this – millennials, those between the age of 23 and 38, are increasingly embracing socialism over capitalism. In fact, a recent poll showed 70...
by Daniel White | Dec 9, 2019 | Economy
December 9, 2019 I’m going to bring up the deficit because nobody else does. In October, Treasury announced a $984 billion budget deficit in fiscal year 2019, which ended in September. That’s $205 billion larger than 2018 and represents a 26 percent increase!...
by Daniel White | Dec 2, 2019 | Economy
December 2, 2019 Pensioners could be in trouble. I recently read about a pension fund in crisis, much of which was brought on by risky investments. It’s just one fund, but there are many like it nationwide. Bear markets from the early 2000s and 2008-09 hit...
