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California Has 2nd Lowest Homeownership Rate In U.S.

California Has 2nd Lowest Homeownership Rate In U.S.

Mike LaFirenza Income inequality has been a major social, political, and economic issue since the Great Recession, and the uneven effects of the COVID-19 economy has only made the gaps between America’s haves and have-nots even starker. These divergent economic fortunes will continue to have a major effect on housing in the U.S. During the […]

China Syndrome? Is Evergrande A Symptom Of Deeper Malaise

China Syndrome? Is Evergrande A Symptom Of Deeper Malaise

BY Tyler Durden | ZeroHedge Authored by Bill Blain via MorningPorridge.com, Evergrande’s imminent default is rocking markets – but few believe the collapse of a Chinese property developer could trigger a global financial crisis. What if Evergrande is just a symptom of a deeper malaise within the Chinese economy and its political/business structures? Maybe there […]

How The Fed Can Improve Financial Stability And Reduce Inequality

How The Fed Can Improve Financial Stability And Reduce Inequality

by Thomas L. Hogan One of the most important economic questions facing President Biden is whom to appoint as chair of the Federal Reserve. While many consider current Fed Chair Jerome Powell to be the leading candidate, some have criticized Powell for allegedly reducing the strictness of U.S. bank regulations.  As the nation’s central bank, the […]

Equity = Inequality, Discrimination and Mediocrity

Equity = Inequality, Discrimination and Mediocrity

    By Larry Sand The fixation on equity is a loser for all concerned. At the same time that the indoctrination of American students continues to work its way through the schools, its evil twin “equity” is advancing right along with it. As the race-obsessed Ibram X. Kendi explains, equity exists when “two or […]