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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
Trump plan to end tax on Social Security benefits is a fatal mistake
08/17/2024
Senator Larson says it is a fatal mistake as lost revenue is not made up leading to a Medicare insolvency in 2031, and Social Security insolvency in 2033. Social security benefits will then by law will be cut in 2033 by 25%, a dangerous step tragic for many on Social Security who are pushed into poverty.
Grouped Articles
CNBC 08/17/2024
Committee for a Responsible Federal Budget 08/17/2024
Trump wants to cut income taxes on Social Security. Here's how that would impact your benefits.
CBS News 08/17/2024
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 07/11/2014
U.S. Escalates Sanctions Against Russia Over Ukraine Crisis
Wall Street Journal 07/17/2014
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/2014
Putinism Thrives on Dirty Money
Wall Street Journal 07/22/2014
Wall Street Journal 07/22/2014
Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves
New York Times 07/29/2014
Rival iPads.
10/22/2010
iPads from HP, RIM and other companies.
Grouped Articles
Wall Street Journal 10/22/2010
H-P Releases Its $800 Slate, the Latest iPad Rival
Wall Street Journal 10/22/2010
Sprint to Sell Samsung Tablet for $400
Wall Street Journal 10/26/2010
SAP Readies Software for RIM's New Tablet
Wall Street Journal 11/20/2010
Entrants Flood Race to Rival iPad
Wall Street Journal 12/29/2010
At CES: Peeking into the Future of Tablets
BusinessWeek 01/05/2011
Wal-Mart Clothing.
07/28/2010
Wal-Mart's efforts to come up with an effective strategy for clothing sales.
Grouped Articles
A Fashion Identity Crisis at Wal-Mart
Wall Street Journal 07/28/2010
Wal-Mart Executive Aims to Accelerate Growth Overseas
Wall Street Journal 06/27/2011
A potential BP bankruptcy after the Deepwater Horizon rig Gulf oil spill
07/09/2010
The impact of large liability claims creates the possibility of bankruptcy.
Grouped Articles
BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims
Wall Street Journal 07/03/2015
BP Faces Up to $13.7 Billion in Fines in Deepwater Gulf Spill Case
Wall Street Journal 07/03/2015
Weighing the Possibility of Bankruptcy for BP
New York Times 07/09/2010
BP May Avoid Gross Negligence Conviction Over Gulf Oil Spill
Wall Street Journal 09/14/2011
Closing the Gulf in BP's Valuation
Wall Street Journal 09/15/2011
BP Shortcuts Led to Gulf Oil Spill, Report Says
New York Times 09/14/2011
Community Cleanup action for the BP Oil Spill.
06/15/2010
Grouped Articles
Spill Provides Marketing Opportunity for Dawn Detergent
New York Times 06/15/2010
Obama, in Speech on Spill, Calls on Americans to Reduce Oil Dependence
New York Times 06/15/2010
Report of the Commission on the BP Deepwater Horizon rig Gulf oil spill
06/05/2010
Grouped Articles
In Gulf, It Was Unclear Who Was in Charge of Rig
New York Times 06/05/2010
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
Oil Executives Try to Explain Differences From BP
New York Times 06/15/2010
At BP, a History of Boldness and Costly Blunders
New York Times 07/12/2010
Oil Rigs’ Biggest Risk: Human Error
Wall Street Journal 04/20/2015
Foxconn
06/03/2010
Chinese company making electronics and computer products for companies in the USA like Apple and HP.
Grouped Articles
Foxconn Tries to Move Beyond Appleâs Shadow
New York Times 05/06/2013
Why Apple and Others Are Nervous About Foxconn
BusinessWeek 06/03/2010
A Night at the Electronics Factory
New York Times 06/18/2010
BusinessWeek 09/09/2010
Taiwanese Technology Company Is Discussing a Deal With Brazil
New York Times 04/13/2011
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
Andy Grove and the scaling up at home that American companies need to do.
05/29/2010
Andy Grove brushes off talk of sending technologies and jobs much needed at home to China, with the talk he hears of "a China strategy." He doesn't see how an America with high paying jobs and mass of unemployed could work. He says American companies have failed to scale up, the way Intel did in the seventies. For every Apple employee there are 10 employees in China working on Mac's, Iphones, and Ipads. The idea of manufacturing as not important is misguided and he would like to see America rebuild its industrial base.
Grouped Articles
Wall Street Journal 05/29/2010
Wall Street Journal 10/02/2010
Apple Says App Store Sales Rose 50% in 2014
Wall Street Journal 01/09/2015
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
Ban on deepwater drilling in the U.S. in 2010.
05/27/2010
After the BP oil spill Obama administration continues ban till No 30, 2010.
Grouped Articles
Obama and the Dreaded Katrina Comparison
BusinessWeek 05/27/2010
Wall Street Journal 07/12/2010
Path Clears for Deep-Water Drilling
Wall Street Journal 01/04/2011
Wall Street Journal 04/16/2011
Bob Dudley: Three Years After the Spill, BP Gets Bullish
Wall Street Journal 03/15/2013
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 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
New York Times 09/30/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
New York Times 09/25/2010
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
Hacking into U.S. databases by Russia and the U.S. presidential election of 2016
10/11/2016
Intrusion into U.S. databases by Russia seen as an effort to influence the U.S. election process. In 2014 cyber security issues with China were brought up in meetings between president Obama and China's president Jinping, and efforts made to reach an agreement to prevent recurrence.
Grouped Articles
Why the US fears Russia is hacking its presidential election - BBC News
BBC News 10/11/16
The Washington Post - Breaking news and latest headlines, U.S. news, world news, and video
The Washington Post
Senate and House Leaders Call for Inquiry of Russian Hacking in Election
The New York Times 12/12/16
C.I.A. Judgment on Russia Built on Swell of Evidence
The New York Times 12/12/16
Russian Hackers and American Hacks
WSJ 12/11/16
Donald Trump Chooses Exxon Mobil CEO Rex Tillerson as Secretary of State
WSJ 12/13/16
HP
11/22/2010
Hewlett Packard under new CEO Apotheker.
Grouped Articles
New H-P CEO Gives Few Hints on Strategy
Wall Street Journal 11/22/10
New York Times 02/09/11
Chief Reboots H-P After Scandal
Wall Street Journal 02/18/11
Hewlett-Packard Hopes to End the Soap Opera
BusinessWeek 01/27/11
Hewlett-Packard Delivers Poor Service
Wall Street Journal 05/18/11
H-P Explores Quitting Computers as Profits Slide
Wall Street Journal 08/19/11
Halliburton and the BP Oil Spill
10/28/2010
Grouped Articles
Contractor Accused of Flawed Job on Rig
Wall Street Journal 10/29/10
Halliburton and BP Knew of Cement Flaws, Report Says
New York Times 10/28/10
Halliburton in Spotlight Over BP Gulf Spill
New York Times 10/28/10
Halliburton Emerges From Gulf Disaster Unscathed
Wall Street Journal 04/19/11
Halliburton: BP Hid Gulf Disaster Details
Wall Street Journal 09/03/11
Closing the Gulf in BP's Valuation
Wall Street Journal 09/15/11
Japanese companies coming up with lower priced products for local and Asian markets.
08/05/2010
Grouped Articles
The New Japanese Way: Downmarket
Wall Street Journal 08/05/10
Wall Street Journal 03/01/11
Wall Street Journal 04/09/12
BP under CEO Robert Dudley - 2011-2015
07/26/2010
Grouped Articles
BPâs $4.2 Billion Profit Beats Forecasts
New York Times 04/30/13
At BP, There’s Optimism in the Corner Office
New York Times 01/24/14
BP's Dudley Faces Daunting To-Do List
Wall Street Journal 07/26/10
Wall Street Journal 01/15/11
Not-Quite-New BP Faces Old Challenges
Wall Street Journal 02/02/11
Setback in Rosneft Deal Suggests BP Misread Russia
New York Times 04/09/11
U.S. state Louisiana's economy after the BP Oil Spill in 2010 and the collapse in oil prices in 2015
06/22/2010
Grouped Articles
Oil States’ Budgets Face Crude Awakening
Wall Street Journal 01/13/15
Drill Ban Clashes With Local Economy
Wall Street Journal 06/22/10
One Year After Spill, Some Signs of Life Emerge in the Gulf
Wall Street Journal 04/18/11
Wall Street Journal 02/02/12
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 06/05/10
The Oil Disaster Is About Human, Not System, Failure
Wall Street Journal 06/11/10
Recipes for Ruin, in the Gulf or on Wall Street
New York Times 06/11/10
Chinese Walls, Pocked With Peepholes
New York Times 06/11/10
Nine Questions (and Provisional Answers) About the Spill
BusinessWeek 06/10/10
Oil Executives Try to Explain Differences From BP
New York Times 06/15/10
The impact of the BP Oil Spill on different states in the U.S.
06/03/2010
Grouped Articles
A Disaster Reaches Beyond the Gulf Coast
New York Times 06/04/10
Another Torrent BP Works to Stem: Its C.E.O.
New York Times 06/03/10
BP's Big Spill: The Lost Summer
BusinessWeek 07/08/10
One Year After Spill, Some Signs of Life Emerge in the Gulf
Wall Street Journal 04/18/11
The Afghanistan war in mid to late 2010.
06/02/2010
Some successes in counterinsurgency do not make up for the lack of an alternative in governance that wins credibility in Afghanistan, among the people.
Grouped Articles
Strategy vs. Tactics in Afghanistan
Wall Street Journal 06/02/10
Official Admits Militancyâs Deep Roots in Pakistan
New York Times 06/02/10
McChrystal article renews attention to split with Biden over Afghanistan
Washington Post 06/23/10
McChrystalâs Fate in Limbo as He Prepares to Meet Obama
New York Times 06/23/10
The Fury of a General, Released by Nature
New York Times 06/22/10
Sharp Words Expose Rift Over War Policy
Wall Street Journal 06/21/10
The failure of the Obama administration to respond adequately to the BP Oil Spill in Gulf waters.
05/27/2010
Slow, indecisive action by government agencies and relying too much on a failed BP approach.
Grouped Articles
Obama and the Dreaded Katrina Comparison
BusinessWeek 05/27/10
In Gulf, It Was Unclear Who Was in Charge of Rig
New York Times 06/05/10
A Disaster Reaches Beyond the Gulf Coast
New York Times 06/04/10
Another Torrent BP Works to Stem: Its C.E.O.
New York Times 06/03/10
Obama and BP at Risk Over Oil Spill
BusinessWeek 06/03/10
Charlie Rose Talks to Vice-President Joe Biden
BusinessWeek 06/03/10
The Japanese economy and the rising yen in 2010-2012
05/27/2010
The yen reached 86 yen to the dollar by August 2010. Chinese government accumulation of Japanese bonds was amajor factor in the yen's rise in 2010. By August 2011 the yen experienced a new surge going up to 78 yen to the U.S. dollar resulting in intervention by the Bank of Japan in currency markets. Investor flight to safe havens such as the Swiss Franc and the Japanese yen with the debt crisis in the U.S. and the Eurozone. The impact on export markets. The newly elected LDP government of Shinzo took strong action to reverse this and improve export competitiveness in 2013.
Grouped Articles
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/10
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/10
Behind Japan's Allure: Stagnancy
Wall Street Journal 08/24/10
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/10
Japanese manufacturers: Leaving home
Economist 11/20/10
Nissan to 'Significantly' Reduce Japan Exports
Wall Street Journal 02/01/11
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