Your Ringside Seat for the Global Financial Crisis – DollarCollapse.com. Mish's Global Economic Trend Analysis. Max Keiser - Financial War Reports. ZeroHedge | On a long enough timeline the survival rate for everyone drops to zero.
Decline of the Empire. I love this kind of stuff. I've got time on my hands, so I was perusing the latest wealth/income inequality data. There's been a flurry of activity on this front, especially after the publication of Thomas Piketty's Capital In The Twenty-first Century. Long story short, denizens of Flatland, especially economists, love to measure shit. Based on recent work by Emmanuel Saez and Gabriel Zucman, both of UC-Berkeley, those happy House of Debt guys Atif Mian and Amir Sufi (University of Chicago) wrote a post called Measuring Wealth Inequality. Before I ridicule them, let's be clear what we're talking about. We've always been fucked! Although this graph indicates in no uncertain terms that the vast majority of Americans have always been fucked, it turns out that since 1980, Americans are even more fucked than they were before The Gipper got elected president. We're even more fucked, especially since about 1980 (from Saez and Zucman) Check out the lucky few Wow!
Wow! And here's the problem. The Downward Spiral.