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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
Nissan electric car development
11/16/2010
Grouped Articles
Nissan Plans 1,000 New Stations to Quickly Charge Electric Cars
New York Times 01/26/2015
Ghosn Bullish on Renault, Nissan Electric Cars
Wall Street Journal 11/16/2010
Nissan Discloses Leaf's Range, MPG Equivalent
Wall Street Journal 11/23/2010
Wall Street Journal 12/20/2010
Electric Cars Get Charged for Battle
BusinessWeek 12/29/2010
Nissan's Ghosn Sees Electric Car in Black by 2014
Wall Street Journal 06/24/2011
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 11/02/2010
U.S. Manufacturing Decline Raises Concern About Innovation
New York Times 02/12/2011
After Disaster Hit Japan, Electric Cars Stepped Up
New York Times 05/06/2011
Ford CEO: Battery Is Third of Electric Car Cost
Wall Street Journal 04/18/2012
Japan Probe Pops Car-Part Keiretsu
Wall Street Journal 02/16/2013
The need for haircuts for private debt to make an effort to solve the problem of the fifth of US homeowners under water.
09/30/2010
Carmen Reinhart points out that the government can only assume private debt at a realistic price. Without principal reductions there appears to be no solution to the problem of the fifth of homeowners in the US who are under water. This keeps acting as a drag on the economy.
Grouped Articles
BusinessWeek 09/30/2010
State Attorneys General Take Helm in Mortgage Mess
New York Times 10/29/2010
To Fix the Housing Crisis, Read the Data
New York Times 11/04/2011
Deepening Crisis Over Euro Pits Leader Against Leader
Wall Street Journal 12/30/2011
Forgiveness of Debt Could Yield Savings
Wall Street Journal 07/30/2012
Hyundai Electric Cars
09/09/2010
Grouped Articles
Hyundai Develops Fully Electric Car
Wall Street Journal 09/09/2010
Long and Winding Road for Electric Vehicles
Wall Street Journal 07/02/2011
Nissan Raises Leaf Price to $35,200
Wall Street Journal 07/19/2011
Ford CEO: Battery Is Third of Electric Car Cost
Wall Street Journal 04/18/2012
The Battery-Driven Car Just Got a Lot More Normal
New York Times 05/04/2012
U.S. Defense Spending in a world of Budget Deficits- post 2010.
07/09/2010
A shift in mood to a smaller defense budget that can be sustained in the long run. Smarter spending as the solution to budget constraints in a deficit world.
Grouped Articles
Shrinking Budget Forces Army Into New Battlefield
Wall Street Journal 05/10/2013
Defense Industry Shrugs Off Early Cuts
Wall Street Journal 05/12/2013
Pentagon Lays Out Ways to Slash Spending
Wall Street Journal 08/01/2013
U.S. Military Eyes Cut to Pay, Benefits
Wall Street Journal 11/18/2013
The U.S. Military Needs Budget Certainty in Uncertain Times
Wall Street Journal 10/21/2015
Pentagon's Next Mission: Cutting Back on Spending
Wall Street Journal 07/09/2010
Car buying preferences- India.
07/02/2010
Customer preferences in the automobile market in India.
Grouped Articles
U.S. Car Makers Are Missing in India
Wall Street Journal 05/10/2013
Makers Pack New Cars With Technology, but Younger Buyers Shrug
New York Times 01/26/2014
Finding Utility in Indian Autos
Wall Street Journal 07/22/2014
Foreign Car Makers' Uphill Climb in India
Wall Street Journal 07/02/2010
In India, Subsidies Upend Car Sales
Wall Street Journal 07/02/2012
Car Makers in India Begin Raising Prices
Wall Street Journal 03/19/2012
Ford's Lincoln and luxury cars.
06/27/2010
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Putting the Luxe Back in Lincoln
Wall Street Journal 06/27/2010
Ford's Lincoln Tops J.D. Power Dependability Survey
Wall Street Journal 03/17/2011
Ford Strives for Elegance in Lincoln Brand
New York Times 12/02/2011
Ford's Lincoln Brand Gets New Life
Wall Street Journal 01/12/2012
Wall Street Journal 01/12/2012
US government efforts to promote electric cars in 2010.
06/17/2010
Bill in Congress sponsored by Senators Alexander and Dorgan and supported by the Obama administration.
Grouped Articles
Wall Street Journal 06/17/2010
Long and Winding Road for Electric Vehicles
Wall Street Journal 07/02/2011
Forget the Prius. The Future Of Electric Is the School Bus
Wall Street Journal 12/28/2011
Ford CEO: Battery Is Third of Electric Car Cost
Wall Street Journal 04/18/2012
The Battery-Driven Car Just Got a Lot More Normal
New York Times 05/04/2012
What Went Wrong at A123 Systems
Wall Street Journal 10/16/2012
Views on the BP Oil Spill.
06/05/2010
What happened, why and how something like this can be prevented in the future.
Grouped Articles
In Gulf, It Was Unclear Who Was in Charge of Rig
New York Times 06/05/2010
The Oil Disaster Is About Human, Not System, Failure
Wall Street Journal 06/11/2010
Recipes for Ruin, in the Gulf or on Wall Street
New York Times 06/11/2010
Chinese Walls, Pocked With Peepholes
New York Times 06/11/2010
Nine Questions (and Provisional Answers) About the Spill
BusinessWeek 06/10/2010
Oil Executives Try to Explain Differences From BP
New York Times 06/15/2010
Mercedes Benz Cars China.
05/28/2010
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Pulling Mercedes Out of a Chinese Ditch
Wall Street Journal 02/03/2014
Wall Street Journal 04/25/2014
Economist 08/24/2015
Overheard: China’s Two-Speed Car Stimulus
Wall Street Journal 08/27/2015
German Car Makers Shift Gears as China Slows
Wall Street Journal 08/28/2015
Nissan electric car.
05/25/2010
The Nissan Leaf.
Grouped Articles
Tesla and Panasonic Agree to Build Factory in U.S.
New York Times 07/31/2014
Nissan Plans 1,000 New Stations to Quickly Charge Electric Cars
New York Times 01/26/2015
Nissan Says Electric Car Is Sold Out for This Year
New York Times 05/25/2010
Charge Up and Go? First Ask City Hall
Wall Street Journal 07/11/2010
Nissan Discloses Leaf's Range, MPG Equivalent
Wall Street Journal 11/23/2010
In Leaf Critics, Nissan Sees Envious Rivals
New York Times 12/02/2010
India's ID Card Plan.
04/22/2010
Grouped Articles
A Fingerprint File for 1.1 Billion Indians
BusinessWeek 04/22/2010
India Takes Aim at Poverty With Cash Transfer Program
New York Times 01/05/2013
Why cost of living is destroying the social compact in the US and Europe and upending governments in 2024-2025
02/24/2025
Used car prices are up 45% since 2019 putting used cars at average price $28000. It is not a discretionary cost, one needs a car to get to work in the US. There are cases of young people not able to pay soaring repair costs quitting work without transport. This is why there was so much discontent in 2024 after supply shocks and price gouging pushed up prices in 2024. Another factor evident in airline ticket pricing was demand and the excess income of the top 20 percent. In housing and apartment rentals supply shortages pushed up prices, demand and excess income of the top 20-30 percent pushed up prices beyond the reach of the rest, higher interest rates made it unaffordable to buy a home for most Americans.
Grouped Articles
Why There Is No Relief Ahead for High Used-Car Prices
WSJ 02/15/25
The U.S. Economy Depends More Than Ever on Rich People
WSJ 02/24/25
Electric car development in Japan
11/02/2010
Grouped Articles
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/10
After Disaster Hit Japan, Electric Cars Stepped Up
New York Times 05/06/11
Long and Winding Road for Electric Vehicles
Wall Street Journal 07/02/11
Nissan Raises Leaf Price to $35,200
Wall Street Journal 07/19/11
Ford CEO: Battery Is Third of Electric Car Cost
Wall Street Journal 04/18/12
Nissan Boss Defends His Expensive Electric Experiment
Wall Street Journal 03/27/13
Credit card debt in Brazil, China, Turkey and other emerging market countries.
10/09/2010
Grouped Articles
A Warning Light to Alert the I.M.F.
New York Times 09/21/11
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/13
New York Times 08/22/13
Investors Flee Developing Countries
Wall Street Journal 01/24/14
Turkish Intervention Fails to Stem Lira Sell-Off
Wall Street Journal 01/24/14
Turkey Gets Aggressive on Rates
Wall Street Journal 01/29/14
BMW electric cars.
09/23/2010
Grouped Articles
With i3 Electric Car, BMW Tries to Ease Range Anxiety
New York Times 07/15/13
BMW Launches Its First Mass-Production Electric Car
Wall Street Journal 07/30/13
BMW Tests Light-Weight Assembly for Electric Cars
Wall Street Journal 09/19/13
BMW's Ultimate Driving Machine Is a Tiny Little Electric Car
BusinessWeek 09/23/10
Germany to Subsidize Electric Autos
Wall Street Journal 04/28/16
BMW to build Megacity cars in Germany
Detroit News 11/05/10
China's car market in 2010-2012
08/24/2010
Grouped Articles
Renault to Focus on Building SUVs in China
Wall Street Journal 12/16/13
China Traffic Jam Could Last Weeks
Wall Street Journal 08/24/10
Auto Makers Face Twists in China's Open Road
Wall Street Journal 09/10/10
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/10
China Warns of Car-Market Slowdown
Wall Street Journal 04/19/11
China Carmakers Told to Seek Fuel Efficiency, Not Sales
New York Times 09/04/11
Car manufacturing in India.
07/08/2010
Automobile manufacturing in India is focussed on the southern city of Chennai in Tamilnadu state.
Grouped Articles
India’s Manufacturing Sector Courts the World, but Pitfalls Remain
New York Times 10/14/15
A New Detroit Rises in India's South
Wall Street Journal 07/08/10
Manufactured Goods Lead Surge in Indian Exports
New York Times 07/25/11
In India, Subsidies Upend Car Sales
Wall Street Journal 07/02/12
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/12
Car Sales in India Expected To Fall Short of Forecast
Wall Street Journal 02/08/12
India's car market 2010-2014
07/02/2010
Automobile sales growth in India.
Grouped Articles
U.S. Car Makers Are Missing in India
Wall Street Journal 05/10/13
Finding Utility in Indian Autos
Wall Street Journal 07/22/14
Foreign Car Makers' Uphill Climb in India
Wall Street Journal 07/02/10
In India, Subsidies Upend Car Sales
Wall Street Journal 07/02/12
Car Sales in India Expected To Fall Short of Forecast
Wall Street Journal 02/08/12
India to Overtake Japan in Car Sales
Wall Street Journal 03/15/12
GM's efforts in promoting buyer financing in 2010.
06/24/2010
GM is looking at ways to expand its loan offering capabilities to stimulate sales of cars.
Grouped Articles
GM Seeks Partners for Car Loans
Wall Street Journal 06/24/10
Wall Street Journal 02/03/11
Ally CEO Dishes on Repaying Bailout Funds
Wall Street Journal 02/09/11
GM Bids to Reacquire Part of Lending Business It Shed
Wall Street Journal 08/14/12
Wall Street Journal 08/14/12
China's mobile phone market.
06/16/2010
China's mobile phone market includes Nokia, Samsung, and also local Chinese companies like Tianyu which satisfy demand for lower prices and locally desired features. It can price the K-Touch touchscreen, at athird of the price of a similiar Taiwanese phone.
Grouped Articles
Apple Faces Dilemma Over Strategy in China
Wall Street Journal 04/24/13
Huawei Set to Launch New Smartphone
Wall Street Journal 06/18/13
A Glum Sign for Apple in China, as Smuggled iPhones Go Begging
New York Times 09/28/14
Xiaomi Makes a Profit on Its Cheap Smartphones
Wall Street Journal 11/06/14
Tianyu Leads Rise of China's Handset Makers
Wall Street Journal 06/16/10
China's 3G Users Reach 25.2 Million
Wall Street Journal 07/20/10
Daimler China.
05/28/2010
Daimler and Mercedes Benz Cars in China.
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/13
Mercedes Delivers Bullish Forecast On China Strength
Wall Street Journal 05/29/10
Pulling Mercedes Out of a Chinese Ditch
Wall Street Journal 02/03/14
Wall Street Journal 04/25/14
Daimler Second-Quarter Profit Rises
Wall Street Journal 07/24/14
China’s motor industry: The coming crash
Economist 04/25/15
Studies cited by Nicholas Carr show flood of information on Internet and the distraction reduce learning.
05/27/2010
Studies show Internet use can actually reduce learning and make people dumber, encourage shallow thinking. Nicholas Carr has written a book on this subject titled, "The Shallows." Carr has done some serious research on the subject and the book has received favorable reviews.
Grouped Articles
For Yahoo, a Chase to the Bottom
Wall Street Journal 05/27/10
Does the Internet Make You Dumber?
Wall Street Journal 06/05/10
Wall Street Journal 06/04/10
'The Shallows': Is the Net Fostering Stupidity?
BusinessWeek 06/03/10
Growing Up Digital, Wired for Distraction
New York Times 11/21/10
New York Times 12/29/11
Roubini on China, currency issues, and domestic consumption in China.
05/17/2010
By letting the yuan China can shift the benefits to households, who will have more purchasing power, and reverse the shift that has taken place in the last 10 years, with domestic consumption making up about 36% of GDP- down by about 10 points from ten years earlier. State owned companies gained at the expense of households, as did infrastructure spending, but it is leading to misallocation of investments and hurting households. As a result China will hit a growth wall in the next 2-3 years, says Roubini.
Grouped Articles
Wall Street Journal 10/04/11
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/10
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/10
New York Times 09/30/10
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/10
New York Times 09/25/10
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