Monday, September 16

Tag: Economy

Landlord Shared His Stimulus Check So His Tenants Could Save On Rent
13Aug By americans2020No Comments
MOOLAH, News

Landlord Shared His Stimulus Check So His Tenants Could Save On Rent

Given the uncertainty of COVID cases and today’s economy, any act of kindness goes a long way. In Santa Rosa, California a landlord and his family are being praised for combining their stimulus checks equaling $3,400 and dispersing it to his tenants. Though the Californian landlord has chosen to remain anonymous, his good deed has reached news networks and inspired landlords and other business owners in similar situations to act the same. He told KNTV that he felt compelled to pay it forward to his “second family” of tenants. One tenant of 10 years commented that it is not unusual for him to make such compassionate gestures. She told KNTV that the money she saved on rent helped her fix her car. A good deed like this could be life-saving for some. You may not be in the same sit...
Read More
The awkward kiss felt around the world
17Apr By superadminNo Comments
ART & ENTERTAINMENT, Opinions

The awkward kiss felt around the world

Recently at the 50th NAACP Awards ceremony, Beyonce' earned the title of "Entertainer of the Year"  The attention quickly turned from a positive occasion overshadowed by a negative with the awkward kiss felt around the world. Power star Omari Hardwick is being stung by all of the news outlets and Beyonce' fans after the actor kissed the singer twice at the 2019 NAACP Image Awards on Saturday. There is two sides here going in on this fight, the Beyonce' fans which hve cried out foul play and the Hardwick fans that say it was an accident and unplanned.Personal as a women I do know how uncomfortable it is if a man invades your personal space and creeps you out. But as a human I also know that sometimes we do things because we are nervous or not intentionally that we go Wtf? Why? Yuggg! ...
Read More
“What happened to us as a country?”
17Apr By superadminNo Comments
Opinions

“What happened to us as a country?”

My question today is what happened to us as a country? We use to love and help our neighbors, I remember my parents, they were always helping out our neighbors. People would stop and take the time to talk, to lend a hand, to get to know your neighbors. Now we are so busy with our own lives, with keeping up with the Jone's that we don't even know who the Jones are, so how the hell can we keep up with them? We have become a selfish, self-center world, it’s all about me, what have you’ve  done for me for lately? It has become a what can you do for me world and it's not getting better, in fact it's getting worse. We have raised a whole generation of ungrateful, you owe it to me, I don't have to work for anything because it’s coming to me, bunch of ingrates. Great job and we wonder ...
Read More
“Quiet simply, don’t stick to your own lane”
17Apr By superadminNo Comments
Opinions

“Quiet simply, don’t stick to your own lane”

Author: Francesca Villardi It's funny someone recently said to me that maybe I should stick to my lane, writing inspirational blogs and not throw my hat into the arena of politics. That maybe my doing so would make me lose readers. If you read my blogs, you know I write about life, I write about the good, the bad and the ugly. I write about love, peace and of course my love life or lack thereof one. I write about what touches my heart, what makes me passionate and what makes me want to speak out. So it could be anything, it could be dating or friendship or life or politics, it only has to do with what touches my heart that day. It happened to be this weeks politics and what's going on in the world. Look, I only care about compassion for one another, I care about love, I c...
Read More
Fed Up With Government Officials? Read this.
17Apr By superadminNo Comments
Opinions

Fed Up With Government Officials? Read this.

Sometimes I shake my head when I read something in the news that makes me flip a nut, I cannot believe people in power actually say the stupid shit they do. I remember when Representative Tila Hubrecht called pregnancy that results from rape "A gift from God" While she was arguing that abortion should be illegal, even in the case of rape and incest. Now if you know me or read my blog you know I was a victim of rape when I was 15 years old. I was a virgin, a scared little girl who found out that besides having to endure something horrific as a rape, now found herself pregnant by such rape. Now tell me Representive Hubrecht, was this a "Gift from God" A teenager who had her whole life ahead of her, who didn't ask to be raped, now pregnant? This is what you call a gift? Are your friggi...
Read More
If Todays World Doesn’t Scare You, read this.
17Apr By superadminNo Comments
Opinions

If Todays World Doesn’t Scare You, read this.

My question today, to all of you out here is... aren't you worried? If today's world doesn't scare you, then you are living under a rock. We should be afraid, be very afraid because we are thisclose to having our freedom's taken away from us. In the last year alone, 2 journalist were arrested for asking questions our "government" didn't want to answer. A single mom with a sick child at a town hall meeting asked about health care for her child was thrown out and scared with the government taking her child away from her. 3 activist were recently arrested for protesting Jeff Sessions in a congressional hearing. Native Americans were arrested and dragged off to jail for protecting the land that we once stole from them but now want back...sacred land no less. American journ...
Read More
How to win a political argument and make a difference
17Apr By superadminNo Comments
Opinions

How to win a political argument and make a difference

It has been an few years since the signing in of the president, Donald Trump. I have seen more friendships go up in smoke than ever before since then. I have seen people attacking others, people name calling, people showing the absolute worst side of one another, all in the name of politics. I have seen some things on social media that are downright racist being said by "so called" friends, it is sickening. I have also seen friends stand up for rights like never before, people who are truly afraid of what is going to become of our great nation. People drawing a line in the sand and saying this is not alright. Me? Well I refuse to delete friends based on their political views, I believe this is America and we have the right to free speech, no matter how stupid I might think your views...
Read More
Albert Edwards Declares Stock Market Will Fall 75%
13Jan By superadminNo Comments
MOOLAH

Albert Edwards Declares Stock Market Will Fall 75%

In a shocking prediction, Societe Generale economist Albert Edwards has said that he believes in the near future the United States stock market will decline by a massive 75% from its peak. Edwards made the prediction, saying that the economy will fall into a recession caused by a weak output of manufacturing. After the major fall off, stocks would only be worth a quarter of what they were at their peak. Edwards believes that the stock market would dip even further below than the values during the 2008 financial crisis. The idea is built around the belief that central bankers worked to inflate asset prices following the 2008 crisis and that they did not allow the stocks to hit their proper lows. Additionally, central banks created a massive debt bubble to expand in emerging markets. Now,...
Read More
Credit Suisse Hasn’t Been This Cautious About Equities Since 2008
2Dec By superadminNo Comments
MOOLAH

Credit Suisse Hasn’t Been This Cautious About Equities Since 2008

Credit Suisse has already downgraded its 2016 forecast for the S&P 500 index. The move comes just a few weeks after the bank unveiled its initial outlook for the index next year. The 2016 global equity strategic outlook released by analysts of Credit Suisse said, “We reduce our weighting in equities to a small overweight, our most bearish strategic stance on the asset class in seven years." The Credit Suisse analysts are largely led by their managing director Andrew Garthwaite. The move is somewhat surprising, as Garthwaite has traditionally been bullish on stocks. In 2013, Garthwaite successfully predicted that the S&P 500 would increase by 15%. Last month, Credit Suisse affirmed its prediction that the S&P 500 index would reach 2,200 by the middle of next year. Since then,...
Read More
Aftermath Of The Paris Attacks Linger As French Economy Prepares For Backlash
30Nov By superadminNo Comments
ART & ENTERTAINMENT

Aftermath Of The Paris Attacks Linger As French Economy Prepares For Backlash

The recent terrorist attacks in Paris will have major financial implications, as the city is predicted to experience a $2.1 billion economic decline in the aftermath of the incident. The estimate was provided by the General Directorate of the French Treasury, and the losses will primarily come from a reduction in tourism and a decrease in consumption. Certain sectors of the French economy have already slowed down. In the ten days following the attacks, hotel occupancy in Paris has declined by 24%. Flight reservations are 13% lower than they were last year. Most French malls and department stores have had their total number of customers fall by anywhere between 30% and 50%. And museums have had up to 50% less visitors. Luckily, more than two-thirds of all French companies have stated ...
Read More
New Argentine President Mauricio Macri Vows To Revitalize Economy And U.S. Relations
23Nov By superadminNo Comments
ART & ENTERTAINMENT

New Argentine President Mauricio Macri Vows To Revitalize Economy And U.S. Relations

Argentina will now see if newly elected President Mauricio Macri can follow through on his promises to revitalize the country’s slumping economy with free-market reforms and improve strained relations with Washington. Macri’s victory was historic as it ended a roller coaster 12 years of rule by President Cristina Fernandez and her deceased husband. However, when the business-friendly President-elect takes office on December 10, he will inherit a country with about 30% inflation, negligible economic growth and policies of government social spending that are unsustainable. More troubling is the fact that he lacks majorities in either chamber of Congress to pass his reforms. Daniel Kerner from the political consulting Eurasia Group stated that, “Macri will begin his mandate in a difficu...
Read More
After Slow Economic Decline, Finland Might Be Exiting The Euro Zone
16Nov By superadminNo Comments
ART & ENTERTAINMENT

After Slow Economic Decline, Finland Might Be Exiting The Euro Zone

Next year, Finland’s parliament will take up and debate the issue of whether to quit the euro. Analysts predict that the debate will unlikely end the country’s membership of the euro, but it does highlight the fact that Finns are very dissatisfied with the state of their country’s economy. The decision to discuss the country’s membership of the single currency follows a citizens’ petition that raised the 50,000 necessary signatures required to force the debate. The Finns’ petition appears to the be the first of its kind in any country that is part of the 19-member euro zone. Maija-Leena Paavola, who helps push legislation through parliament, stated that, “There will be signature checks early next year and a parliamentary debate will be held in the following months.” The petition -...
Read More
iPhone’s Strong Sales Put To Rest Fears Over China Slowdown
28Oct By superadminNo Comments
MOOLAH

iPhone’s Strong Sales Put To Rest Fears Over China Slowdown

While many analysts have reported on Apple’s recent growth troubles, the new iPhone seems to have stemmed some of those fears. The new phone’s reported blockbuster sales in China lead many to believe that the worries regarding the company’s overall growth in the country may be an overreaction. To illustrate this, the company’s shares rose almost 3 percent in early morning trading on Wednesday. The value of Apple’s stock has declined by about 7% in the past three months as investors continue to worry about China’s slumping economy . The company’s sales in Chinese regions, including Taiwan and Hong Kong, nearly doubled in this year’s third quarter. In fact, third quarter sales accounted for almost 25% of Apple’s total sales for the year. Atlantic Equities analyst James Cordwell report...
Read More
China’s Middle Class Is Now The Largest In The World And It Is Continuing To Grow
15Oct By superadminNo Comments
ART & ENTERTAINMENT

China’s Middle Class Is Now The Largest In The World And It Is Continuing To Grow

China is now in possession of the largest population of middle class citizens in the entire world, as more than 109 million Chinese citizens have a wealth of somewhere between $50,000 and $500,000. The middle class in China is also growing considerably faster than the middle class of the United States. Since the turn of the millennium, more than twice as many Chinese citizens have joined the middle class than American citizens. The research was conducted by Credit Suisse, which focused on total wealth instead of annual income in order to avoid the potential factor of earnings changes caused by temporary unemployment. The people of China are earning more money at an extremely fast rate. Per capita, adult wealth in China is currently around $22,500. This value is four times greater than t...
Read More
Consumers Hanging Onto Petrol Pump Savings Instead Of Spending Them
14Oct By superadminNo Comments
MOOLAH

Consumers Hanging Onto Petrol Pump Savings Instead Of Spending Them

Consumers have been pocketing instead of spending savings from lower fuel costs, which according to the U.S Commerce Department has made for a sluggish end to third quarter retail sales figures. September figures show a 0.1 percent gain which was down from the pessimistic forecast of 0.2 predicted by 82 economists surveyed by Bloomberg. More than half of merchant categories showed decreases. Thomas Costerg, a senior U.S. economist at Standard Chartered Bank, says the sluggish sales raises concerns about consumer spending staying power which accounts for about 70 percent of the economy. He says this is particularly worrisome as overseas demand for U.S. products also slowed. “Consumption has been a strong pillar of growth over the summer, but this pillar is probably more fragile tha...
Read More
Value Of World Assets Drops In 2015 While Wealthy 1% Still Owns Half
14Oct By superadminNo Comments
ART & ENTERTAINMENT

Value Of World Assets Drops In 2015 While Wealthy 1% Still Owns Half

The total value of all assets in the world dropped nearly 5% in 2015 to around $250 trillion, but the distribution of that wealth has continued to become more heavily weighted towards the wealthiest individuals, the so-called “one percent.” Since its records began, Credit Suisse reports that this portion of the population now controls more than 50% of the wealth in the world, with the United States accounting for the majority within that group, at 46%. As the world economy sputters this year, economies in Europe and Latin America saw declines in household wealth of 12% and 17%, respectively. China and North America accounted for the only regions that saw an increase in household wealth, at 7% and 4.4%, respectively. However, this increased wealth has been associated with an increase in d...
Read More
Major Free-Trade Agreement Could Bring Negative Downturn To Chinese Economy
10Oct By superadminNo Comments
ART & ENTERTAINMENT

Major Free-Trade Agreement Could Bring Negative Downturn To Chinese Economy

A free-trade agreement that is being led by the United States is expected to have a negative impact on China’s economy, as the Chinese Gross Domestic Product (GDP) could fall by an estimated 2.2%. The chief research economist from the People’s Bank of China Ma Jun made the prediction, which was published in an official Chinese state news release. The pending trade agreement is called the Trans-Pacific Partnership (TPP), and China is not included in the agreement. The agreement would cover nearly 40% of the global economy. It would bring together some of the top trading countries in the world, including the United States, Japan, Australia and Vietnam. It is still pending, requiring further discussion and approval by the 12 member countries. Mainland China and Hong Kong are expected...
Read More
After Years Of Huge Growth Australian House Prices Poised For Correction
5Oct By superadminNo Comments
ART & ENTERTAINMENT

After Years Of Huge Growth Australian House Prices Poised For Correction

There isn’t much good news on the horizon if you are an aspiring homeowner in Australia. Analysts warn that the already massive bubble in the nation’s real estate will likely get even larger, as government officials are too fearful to reverse the trend. Sydney and Melbourne properties are estimated to be nearly 20% overvalued, according to Goldman Sachs, with Sydney prices now exceeding those in London. Furthermore, the Australian Bureau of Statistics (ABS) states that prices this year are expected to rise by almost 10%. Strategist Kay Van-Petersen of Saxo Capital Asia worries that increasing economic instability in China could lead to a wave of capital into Australia. “The government has to try and talk it down and say it's inflated, but at the same time all they can try and do is contr...
Read More
Wages Expected To Increase As US Economy Blossoms
2Oct By superadminNo Comments
MOOLAH

Wages Expected To Increase As US Economy Blossoms

After long periods of speculation, wages in the United States might finally see a serious increase. Average hourly earnings have risen by just two percent per year during the last six years. However, economists are predicting that the rate of growth could soon increase it by 2.4%. This would be the highest rate of growth for hourly earnings since August of 2009. Economists had predicted an increase in the wage rate in recent years, but it has never quite met their expectations. This time might be different. For one, the growth rate at this time last year was weak, giving this year’s period a chance to shine. Meanwhile, the unemployment rate is at its lowest point in more than seven years. In what has become a favorable job market for workers, employers are expected to increase wages ...
Read More
Silicon Valley Housing Is Still Cheap By Gold Rush Standards But That’s Not Stopping People Looking Elsewhere
30Sep By superadminNo Comments
MOOLAH

Silicon Valley Housing Is Still Cheap By Gold Rush Standards But That’s Not Stopping People Looking Elsewhere

As the price of real estate in Silicon Valley continues to climb alongside the fortunes of its local entrepreneurs, some have wondered how those prices compare to those from the California Gold Rush that began over 150 years ago. While real estate prices paid during the gold rush period are astronomical compared even to today, some San Francisco residents are already beginning to look elsewhere for a new place to call home. In 1849 writer Bayard Taylor corresponded with the New York Tribune regarding what he saw upon arriving in San Francisco, where hotel rooms went for up to $300,000 a month in today’s dollars. Property owners who went bankrupt looking for gold still managed to come out ahead in some cases, based only on their real estate’s appreciation in value. Prices today for grocer...
Read More
Crushing Rent Expenses Don’t Look Set To Ease Any Time Soon
21Sep By superadminNo Comments
LEADERS

Crushing Rent Expenses Don’t Look Set To Ease Any Time Soon

For the many Americans who feel like they pay too much in rent their may not be any relief in sight. According to a recent study, the number of United States households spending more than 50% of their total income on their rent could possibly increase by 25% over the next decade, as nearly 15 million American households would fall into this dubious category in a worst case scenario. As a general rule of thumb, households should not spend more than 30% on rent or mortgage. A nonprofit group called Enterprise Community Partners, along with Harvard’s Joint Center on Housing Studies, conducted the report. The researchers examined several scenarios for wage and rent growth that is expected to occur during the upcoming decade. The best case scenario shows wages increasing 1% per year faster t...
Read More