McDonald’s closed 847 restaurants in Russia and left the country... the Russians quickly turned the logo 90 degrees and plan to re-open under new “Uncle Vanya” brand... same menu but with Russian ingredients and lower prices...2mo ⋅ UnionPacific1 ⋅ r/economy
How Much Did Popular Cars Cost Every Year Since 1950? (Adjusted w/ inflation)1mo ⋅ icecream4astronaut ⋅ r/economy
Is that the kind of economy any working person ought to be satisfied with?9mo ⋅ sillychillly ⋅ r/economy
“What you have today is the economy imagines that the financial sector, the real estate speculators, are part of the economy and part of GDP instead of being an overhead, a tumor.” ~ Michael Hudson2wk ⋅ karmagheden ⋅ r/economy
U.S. Soccer announces ‘true equal pay,’ splitting World Cup revenue between men & women4d ⋅ UnionPacific1 ⋅ r/economy
1.4 billion “chives.” Increasingly, young people in China feel that they are merely raw materials to be harvested by capitalists and bureaucrats.11mo ⋅ wakeup2019 ⋅ r/economy
Free market is when government intervention and Pelosi has asymmetric information5mo ⋅ Divinchy ⋅ r/economy
I had no idea people were drinking so much milk, no wonder supply can’t keep up with demand and prices are going up.7mo ⋅ drhiggens ⋅ r/economy
This seems like a big deal - could have huge implications on the labor market9mo ⋅ Elegant_Category_684 ⋅ r/economy
48h ago fuel prices in Lebanon rose 30%. Today they jumped another 10,000LL. But those causing shortages by hoarding fuel haven't released more. My friend, who's planned his entire day around finding gas, just sent this pic. Insane queueing for hours on end to get to the pump.11mo ⋅ HabishHanah ⋅ r/economy
$2,000+ for three months of insulin. This is a decades-old medicine that should be like $100 in a real competitive free market. The US economy has “rentier” or parasitic capitalism, as Michael Hudson describes it.1yr ⋅ wakeup2019 ⋅ r/economy
Bad news: The US wasted $2 trillion on the war in Afghanistan. Kinda Good news: It went to American companies.9mo ⋅ FutureisAsian ⋅ r/economy
The time required to save in order to buy a house has increased 3x since the 1950s10mo ⋅ hedonova ⋅ r/economy
The United States police spending ranks third among worldwide military expenditures.1yr ⋅ FutureisAsian ⋅ r/economy
The median price of a new home in the US is now 5.8x higher than the median household income.8mo ⋅ FutureisAsian ⋅ r/economy
US stock market is worth 1.8x US GDP. Too big to fail, the stock market gets bailed out by the Fed, which creates trillions of dollars out of thin air and gives it out at practically 0% interest rate. This fake free market leads to huge inequality, since the Top 1% own 45% of the stocks.1yr ⋅ wakeup2019 ⋅ r/economy
Half of all Americans have no wealth. The other half keep saying, “Work hard!”, while keeping the wages low. This is an economic model of developing nations.1yr ⋅ wakeup2019 ⋅ r/economy
The Fed has bought $982 billion of the mortgage bonds since March 5, 2020, and currently plans to keep buying at least $40 billion each month. (How to print money and keep the bubble alive)11mo ⋅ wakeup2019 ⋅ r/economy
Let's take away food stamp from single moms and give them to billionaires to buy their 10th yacht!1yr ⋅ 2020clusterfuck ⋅ r/economy
Two years after the Trump tax reform, there is no discernible effect on profit shifting by US multinational companies. More than half of their non-US profits are still booked in tax havens6mo ⋅ cangetenough ⋅ r/economy
Just be born to a tech entrepreneur /s. Also, reddit employee shit posting on LinkedIn4mo ⋅ mynameismy111 ⋅ r/economy
MMT! We can print trillions of dollars to bailout the stock market and billionaires! Just can’t give crumbs to poor Americans to alleviate hunger.1yr ⋅ wakeup2019 ⋅ r/economy
College Students are taking loans based on a skewed perspective of their earning potential.2wk ⋅ PaintYourDemons ⋅ r/economy
Europe’s Natural Gas & Oil Pipelines: All thru Ukraine & Russian Controlled Countries: If Putin Wins not too Many Alternatives for Free Europe.2mo ⋅ Goldonthehorizon ⋅ r/economy
In 2000, the U.S. was making more steel than China. Now, in terms of steel production, China is 11 times larger than the U.S. Ten or twenty years can bring about enormous changes.1yr ⋅ FutureisAsian ⋅ r/economy
A Keynesian economist orders a large 14 inch pizza one night for dinner. He tells them to cut it into 10 pieces instead of 8 because he's very hungry.8mo ⋅ HonestCareer8036 ⋅ r/economy
The Dow fell more than 2000 points today and is 19% down from the record high that Trump tweeted about just 13 trading days ago. The 11-year bull market is officially over.2yr ⋅ wakeup2019 ⋅ r/economy
China’s housing bubble. Home-price-to-annual-household-income ratio is astronomical. Shenzhen, Beijing, and Shanghai are several times more expensive than NY, Tokyo, Singapore etc. (based on the ratio mentioned)8mo ⋅ FutureisAsian ⋅ r/economy
Real wages are declining and real disposable income has declined for 7 months in a row.1mo ⋅ saurin212 ⋅ r/economy
I'm in a group chat with some colleagues this what one them sent in the group2mo ⋅ SupernovaMota ⋅ r/economy
US federal debt went up by $1.5 trillion in six weeks. That’s the money needed to pay off the college loans of all Americans!2yr ⋅ wakeup2019 ⋅ r/economy
FL Chipotle abruptly closed. Are things happening like this in your city?10mo ⋅ The_BettyWhite ⋅ r/economy
CoinBase’s latest filing with SEC says In the event of a bankruptcy, our customers could be treated as our general unsecured creditors. [In other words, when they eventually go bankrupt, they will use YOUR crypto to bail themselves out.]1wk ⋅ MoneyTheMuffin ⋅ r/economy
The richest people on Earth should pay more than $0 in federal income taxes. Period.8mo ⋅ sillychillly ⋅ r/economy
When I hear complaints about socialism returning to the US, I can only think of this chart3yr ⋅ jsalsman ⋅ r/economy
Zoom currently has a bigger market cap than four of the largest airlines combined2yr ⋅ Cardamon1 ⋅ r/economy
Fuck you Bank of America. This is a small secondary acct I have that has been charged a $12 monthly maintenance fee for nothing. Closing account immediately and posting this everywhere I can think of. I have you in my cross hairs BAML...2yr ⋅ DCC_Official ⋅ r/economy
Is it a meme stock? A shitcoin? A pump & dump? Nope. It’s US mortgage rates 🤣2mo ⋅ MoneyTheMuffin ⋅ r/economy
What is going on with ruble. Every day at 13 30 its value jumps from 0.07/0.08 to 0.1 then lowers to 0.09 for few hours and then goes back to 0.07 or lower2mo ⋅ sneksobelic ⋅ r/economy
