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The US Cost of Living Crisis 2023-2025
02/24/2025
Cost of Living Crisis and huge gaps in income and wealth between the top 20 percent and the bottom 80 percent aggravate standards of living in America in a way not seen since the Second World War. About 45% increase in prices on cars, used cars, car repairs, housing rentals and groceries, in many household expenses, since 2019. Incomes of workers not having kept up with this kind of spiralling inflation. This is upending the social compact and leading to loss of faith in governments in the US and Europe. Change in governments in UK, France, Germany, and the US and a sense of unease among people.
Grouped Articles
Even Disney Is Worried About the High Cost of a Disney Vacation
WSJ 02/09/2025
Iraq in 2010
11/10/2010
Elections and a new government in Iraq.
Grouped Articles
Iraq Ends Impasse on Government With Tentative Deal
New York Times 11/10/2010
Rival Accepts Deal, Clearing Path for Maliki to Rule in Iraq
New York Times 12/15/2010
Rise of Iraq Youths Stunted by Political Elite
New York Times 04/13/2011
The U.S. housing market in 2010-2013
05/27/2010
According to Karl Case its basically flat in 2010 and quite fragile, with a lot of inventory out there. By 2012 the situation had not changed much, except for Washington D.C. with growth in employment, and a small spurt in 2011 in Phoenix from out of state and Canadian buyers. Prices in Las Vegas and other cities continued to decline and there were fears of more homes being released by banks from foreclosed properties in judicial states such as Florida.
Grouped Articles
Housing Rebound Grows as Prices Climb Sharply
Wall Street Journal 05/09/2013
The economic performance of cities: Following the sun
Economist 05/16/2013
Home Prices Rise, Producing a Buying Mood
New York Times 05/28/2013
Housing Recovery Increasingly Prices Out First-Time Buyers
Wall Street Journal 07/22/2013
Economic Casualties: 'Missing Households'
Wall Street Journal 07/22/2013
Home Prices Jump, but Headwinds Build
Wall Street Journal 07/31/2013
Errors made- US and Japanese economy comparisons for a lost decade.
02/13/2009
Japan's economy suffered badly after a flood of credit and bad loans, resulting in deflation and a lost decade. The comparison with what the US faces now.
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
Japanese Prices Rise, Signaling Rebound
Wall Street Journal 07/26/2013
In Japan’s Stagnant Decade, Cautionary Tales for America
New York Times 02/13/2009
In Japan’s Stagnant Decade, Cautionary Tales for America
New York Times 02/13/2009
New York Times 10/30/2014
Abe: U.S., Japan Close to TPP Trade Deal
Wall Street Journal 04/21/2015
The economy of Ireland after 2009.
03/27/2008
High unemployment, cutbacks in an austerity budget, emigration like it was before the 1980's, and a whole host of problems facing the Irish.
Grouped Articles
New York Times 09/23/2010
Ireland's Unemployed Head Back to the Farm
BusinessWeek 10/14/2010
Ireland: The End of the Miracle
BusinessWeek 03/27/2008
Dell Moving Irish Operations to Poland
Wall Street Journal 01/08/2009
Ireland's Boom Falls Hard in Global Crisis
Wall Street Journal 02/07/2009
Crisis Builds Irish Support for EU Pact
Wall Street Journal 02/17/2009
Changes in China's factories in 2010-2013. Changing manufacturing.
01/05/2008
Conditions at Hon Hai and a strike at Honda are part of a changing picture of worker dissatisfaction with wages and discipline at Chinese factories. The period of low prices and worker discipline of the kind that prevailed for several decades of industrialization appears to be closing. The Chinese government is also having second thoughts as America and Europe are no longer the growing markets they used to be, and as it weighs a policy shift to domestic consumption.
Grouped Articles
China: A Billion Strong but Short on Workers
Wall Street Journal 05/02/2013
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Strains Show in China's Job Market
Wall Street Journal 06/11/2013
Wall Street Journal 12/21/2011
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Putin and Russia's shift in Ukraine policy with the impact of capital flight, western sanctions and a sharp slowdown in the economy by July 2014
07/11/2014
Polls show 66% of the Russian public opposes Russian forces going into Ukrainian territory. The rhetoric on Russian television has been toned down and Russian analysts say intervention in Ukraine would have dangerous consequences for Russia, that Russia needs to maintain its relations with the West. At the same time Putin will attend a summit of BRIC's leaders in Fortaleza, Brazil, with plans to set up a development bank, as the focus shifts back to the economy. Russia is expected to feel the impact of $75 billion in capital flight in the first half of 2014.
Grouped Articles
Seeing Cost of Saber Rattling in Ukraine, Putin Alters Course
New York Times 07/11/14
U.S. Escalates Sanctions Against Russia Over Ukraine Crisis
Wall Street Journal 07/17/14
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/14
Putinism Thrives on Dirty Money
Wall Street Journal 07/22/14
Wall Street Journal 07/22/14
Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves
New York Times 07/29/14
Japan's auto parts industry and the planned transformation to electric car parts
11/02/2010
Area such as Hamamatsu where the auto parts manufacturing industry accounts for a large part of the local economy, and a planned transformation to electric car parts.
Grouped Articles
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/10
U.S. Manufacturing Decline Raises Concern About Innovation
New York Times 02/12/11
After Disaster Hit Japan, Electric Cars Stepped Up
New York Times 05/06/11
Ford CEO: Battery Is Third of Electric Car Cost
Wall Street Journal 04/18/12
Japan Probe Pops Car-Part Keiretsu
Wall Street Journal 02/16/13
The approach to banking and financial regulation of the new Cameron coalition government in Britain.
05/13/2010
Both Liberals and Conservatives in the U.K. agree on a levy on the banks to raise 1 billion pounds. Liberal's Cable is the new Business Secretary and he favors shrinking the large banks and reducing systemic risk, and a separation of retail and investment banking activities. The Financial Services Authority will continue to operate and examine banks, the Bank of England will oversee systemic risk and regulation of banks.
Grouped Articles
British Treasury Targets Banks to Increase Tax Revenue
New York Times 12/04/14
David Cameron Leads a Call to Thwart Financial Corruption
New York Times 05/12/16
Economist 05/13/10
A Crisis of Faith in Mervyn King, Britain's Central Banker
New York Times 02/06/11
British banks: Vickers in a twist
Economist 01/29/11
British Bank Proposal Expected to Include Stiff Rules
New York Times 04/07/11
How debt can suddenly sink firms as business swings lead to a drying up of business.
10/14/2008
It can happen to GM and Chrysler, and a near miss for Ford and Morgan Stanley. Goldman Sachs is only pretending that it did not have a near miss after Lehman's collapse. The same can happen to an architectural firm Yamasaki as corporate real estate market collapses in 2009. The volatility and nervousness in financial markets in 2008 that shut companies out of credit markets and led to the government led auto industry bailout with planned bankruptcy filings.
Grouped Articles
A Warning Light to Alert the I.M.F.
New York Times 09/21/11
After a Financial Flood, Pipes Are Still Broken
New York Times 09/14/13
Morgan Stanley Memo by John Mack
Wall Street Journal 10/14/08
Anatomy of the Morgan Stanley Panic
Wall Street Journal 11/24/08
Wall Street Journal 03/14/09
Morgan Stanley Comes Up Golden
Wall Street Journal 07/22/11
Ford Explorer 2010- new model as a crossover.
01/06/2008
Ford hopes to revive the dying Explorer brand as a crossover built on the Taurus architectural base. The big change is in looks, and a fuel efficency jump from 15 to 25. Can Ford pull this off?
Grouped Articles
Ford Is Hoping to Give the Once-Great Explorer a Second Life
New York Times 05/27/10
Hybrids' Unlikely Rival: Plain Old Cars
BusinessWeek 02/23/12
Ford's EcoBoost Engine Excites Marketer
New York Times 01/06/08
Ford Hints at New Explorer With Concept
New York Times 01/06/08
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