China now has 45,000 km of high-speed rail. Infrastructure matters for economy.3mo ⋅ wakeup2019 ⋅ r/economy
What would happen if consumption and production dropped simultaneously like this post suggests?4mo ⋅ savondemarseille ⋅ r/economy
inflation has been tamed....i was fortunate enough to get all this for $651yr ⋅ kennytravel ⋅ r/economy
Extreme systematic violence is required to force latecomers to play Monopoly when the game has been over for awhile10mo ⋅ xena_lawless ⋅ r/economy
The US federal gov will pay somewhere between $1.2 trillion and $1.6 trillion in interest payments on the debt this year. It will be the largest expenditure item on the budget.3wk ⋅ wakeup2019 ⋅ r/economy
The average price of a new home in the US is now over 10x higher than per capita disposable income, the highest ratio in history.1yr ⋅ FutureisAsian ⋅ r/economy
Just the highest credit card delinquency rates ever, it's probably nothing6mo ⋅ alltheconsuming ⋅ r/economy
In 2022, billionaires pumped 27x more into our elections than they had contributed before Citizens United was decided.1yr ⋅ _m3r1u5_ ⋅ 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.3yr ⋅ wakeup2019 ⋅ r/economy
US GDP growth will likely be around -1.6% in Q2. That means two shrinking quarters in a row. Hence a recession. Not surprisingly, the White House is trying to change the definition of “recession.”1yr ⋅ wakeup2019 ⋅ r/economy
98% of countries in the last 120 years who hit 130% debt-to-GDP ratio ended up defaulting - what will happen to the USA?5mo ⋅ bolognatowel ⋅ r/economy
This is not ok. Coming up on 13 years with no change to the minimum wage. We need better.1yr ⋅ jacobisknight ⋅ r/economy
Where’s the 2022 Housing Crash happening 1st? 🔥Look for Orange. West / Mountain pummeled with Inventory. 🔵But No Crash in Northeast / Midwest...yet. Inventory still down. Identical to what happened in 2007-08. Biggest Bubbles Crash First. Then the rest.1yr ⋅ wakeup2019 ⋅ r/economy
As a percentage of US income per capita, minimum wage worker income has been dropping since the 1960s.1yr ⋅ cangetenough ⋅ r/economy
Bad news: The US wasted $2 trillion on the war in Afghanistan. Kinda Good news: It went to American companies.2yr ⋅ FutureisAsian ⋅ r/economy
More than 70% of Americans say the country is moving in the wrong direction.9mo ⋅ wakeup2019 ⋅ r/economy
Where can you buy a big house in the US for less than $100k with mild winters and good internet?6mo ⋅ mkitsos85 ⋅ r/economy
US cities where a $250,000 salary has the least purchasing power, and it's actual worth.9mo ⋅ BigPepeNumberOne ⋅ r/economy
WTF!! Indian 🇮🇳 Americans making almost double than Avg 🇺🇸 & White Americans 😵💫😵2wk ⋅ Arthins ⋅ r/economy
The time required to save in order to buy a house has increased 3x since the 1950s2yr ⋅ hedonova ⋅ r/economy
$700 billion increase in US National Debt since the debt ceiling was suspended 3 weeks ago:10mo ⋅ TonyLiberty ⋅ r/economy
Manufacturing wages in China have risen exponentially and is far greater than many other countries. Yet, China’s share of global manufacturing has risen to record levels. How’s that possible? There’s lot more to manufacturing than cheap labor.11mo ⋅ wakeup2019 ⋅ r/economy
US aid to Ukraine since March: $91 billion. How could that money have been spent to improve the lives of ordinary Americans?1yr ⋅ wakeup2019 ⋅ r/economy
US fertility rate has been below the replacement point for 50 years. Thus, immigration is indispensable for the growth of the economy2yr ⋅ chrisk2000 ⋅ r/economy
The United States police spending ranks third among worldwide military expenditures.3yr ⋅ FutureisAsian ⋅ r/economy
39% of Americans are struggling to pay their bills, up from 32% in 20208mo ⋅ north_canadian_ice ⋅ r/economy
As funds run short, Treasury asks agencies if payments can be made later1yr ⋅ DoNotPetTheSnake ⋅ r/economy
Wheat, the most important staple food in the world, is experiencing bad harvest all over the world, except in Russia and China.1yr ⋅ FutureisAsian ⋅ r/economy
Multiple jobholders trend has become more a white collar worker thing picking up side hustles, not poor people hustling to make a living6mo ⋅ bolognatowel ⋅ r/economy
Get out and vote unless you want a dictatorship of the elderly when it comes to your economy \(Housing affordability)8mo ⋅ CDMT14JD ⋅ r/economy
Percent of residents paying over $1,000 per month for their car — Do you pay more or less?9mo ⋅ Karma_Farmer_6969 ⋅ r/economy
What do we call it when a person works all day and the fruits of their #labour to be given to someone else without compensation because they need it and if they refuse they're punished11mo ⋅ Soft-Part4511 ⋅ r/economy
Cost to own vs rent has not been this out of whack in most people's lifetimes9mo ⋅ Louisvanderwright ⋅ r/economy
Everything is fine! 3 of the top 4 biggest failures have been in the past two months. US banking crisis.1yr ⋅ wakeup2019 ⋅ r/economy
Whatever happened to the Occupy Wall Street movement? Had great potential...1yr ⋅ wakeup2019 ⋅ r/economy
The median price of a new home in the US is now 5.8x higher than the median household income.2yr ⋅ FutureisAsian ⋅ r/economy
(x-post) How discussions regarding the economy are framed by the corporate media1yr ⋅ xena_lawless ⋅ r/economy
Interest payments on US debt to exceed military spending soon (within a year).1yr ⋅ wakeup2019 ⋅ r/economy
IMF: “China will be the top contributor to the world’s economic/GDP growth over the next five years, and will be twice as much as the US.” India will also contribute more than USA. Emergence of a multipolar world still hasn’t sunk in the conscience of mainstream economists.10mo ⋅ wakeup2019 ⋅ r/economy
Bank runs in the US? Could be a bloody Monday. FDIC insures only 1.26% of bank deposits.1yr ⋅ wakeup2019 ⋅ r/economy
First House GOP bill proposal estimated to increase deficit $114 Billion1yr ⋅ SushiGradeChicken ⋅ r/economy
Semiconductor manufacturing capacity of different countries by chip size. Taiwan, South Korea, USA, China, Japan etc.1yr ⋅ wakeup2019 ⋅ r/economy
If they didn't already exist, public libraries would strike people as the most outlandish left-wing idea.7mo ⋅ xena_lawless ⋅ r/economy
Yesterday it Was UPS and Now More. Are Coming into a Recession or No? 💰💳💰🤯3mo ⋅ RunThePlay55 ⋅ 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.3yr ⋅ 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.3yr ⋅ wakeup2019 ⋅ r/economy
Stop shaming young people for their frantic attempts to survive this cruel win or die cesspool - shame the oligarchs who hoard all the wealth instead!!!3mo ⋅ xena_lawless ⋅ r/economy
