“#Obama created the biggest #bondmarket boom in US history, because when interest rates fall, bonds, mortgages, and other credit claims that carry a high interest rate go way up in price. Essentially, the #USeconomy was turned into a #Ponzischeme. The Federal Reserve’s position was: we know there are defaults, so we are going to lend debtors the money to pay, so that they do not default. If they do not default, the banks will not have to write down loans that were made beyond the ability of home buyers, credit card #debtors, and others to pay.”
https://www.nakedcapitalism.com/2026/06/michael-hudson-debts-that-cannot-be-paid-wont-be.html
/2 - (in the same article as the previous post)
"... A.I. feel like something of a Catch-22 for workers: If the technology succeeds in reshaping the economy, they could lose their jobs. If it fails to live up to the hype, their retirement savings could evaporate..."
#USA #US #USeconomy #AI #jobs #StockMarket #retirement #savings #ArtificialIntelligence #AI_bubble
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https://www.nytimes.com/2026/06/13/business/economy-trillionaire-wealth-wages.html

Elon Musk has become the world’s first trillionaire thanks to his company SpaceX, which went public today with a $2tn valuation. Blake Montgomery breaks down what this economic moment means for all of us
US wholesale prices rise 1.1% in May, strongest annual increase since 2022
#Inflation #WholesalePrices #USEconomy #Markets
https://meyka.com/blog/us-wholesale-prices-surge-11-in-may-highest-annual-gain-since-2022-1206/
PPI of all commodities, and select products derived from fossil fuels, showing big spikes of late, reaching highs last seen in 2022.
美國公布2026年5月的CPI數據。對於CPI年增率數據達4.2%,以「符合預期」帶過。
怎麼?
是沒有看到短期趨勢正在攀升嗎?
那就來看看我將數據、圖、網站提供給生成式AI,讓AI幫我寫出不遮掩的部落格文章吧。
https://aitrendsplot.blogspot.com/2026/06/2026.html
#經濟 #財經 #美國 #CPI #通貨膨脹 #usinflation #useconomy #inflation #USA #US
"As of 2 p.m. ET on June 10, #FoxNews has spent less than 30 seconds discussing rising inflation, with only a brief headline read appearing on #America's Newsroom, according to a #MediaMatters review. Anchor Bill Hemmer during the headline described the highest #inflation since April of 2023 as 'not what we want, but it is in line with expectations.'"
If non #GOP parties were ever take back power in the #USA, there should be immediate investigations to unearth the ugly facts of #Trump's disastrous regime, and its enablers. Fox News should be amongst the companies of interest.
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https://www.mediamatters.org/us-iran-relations/fox-news-buries-worst-inflation-report-three-years