patrick.net

EconPete

joined 2011 Mar 8, 2:40pm   United States 43 posts   35 comments   following x   ignore ignoring EconPete x ignore


6
3
Housing bubble 2.0 (businessinsider.com)
by EconPete on 14 Jan 2018  78 comments, latest 5 hours ago
http://www.businessinsider.com This is a great article that uses the Case-Shiller housing price index to compare home affordability today to the bubble ten years ago. This is eye opening!!

1
0
Crypto currency and the future!
by EconPete on 13 Jan 2018  3 comments, latest 4 days ago
The Glass-Steagle law was enacted during the Great Depression to separate sectors of the banking industry from insurance and investment. The repeal of that law allowed for the housing and...

0
0
When do homes depreciate if they never go down in value?
by EconPete on 23 Apr 2012  44 comments, latest 4 years ago
Homes are always deteriorating, due to the 2nd law of thermodynamics, and thus should always be devaluing. It would be irrational to assume otherwise. Nothing on this earth is resistant...

0
1
To Redistribute or to Not Redistribute?
by EconPete on 27 Oct 2013  13 comments, latest 4 years ago
It is true that the top 1% of wealth holders in the U.S. have 40% of the wealth and that the bottom 40% of wealth holders hold about 2% of...

3
0
Baby boomers will be poorer than their renting children when housing deflates! (cepr.net)
by EconPete on 27 Oct 2012  5 comments, latest 5 years ago
http://www.cepr.net/documents/ This analysis looks at the net worth of baby boomers in two age groups and determines who is wealthier; homeowners or renters. This paper was written in 2008 without...

3
1
Peter Schiff on the future of the U.S. economy and housing.
by EconPete on 13 Aug 2012  14 comments, latest 5 years ago
It starts at about the 2:00 point. #housing

0
0
Median House Price vs. Nominal Interest Rates (1980-2011) (census.gov)
by EconPete on 18 Apr 2012  37 comments, latest 5 years ago
This data clearly shows the relationship between interest rates and home prices. The graph has an R squared of 0.8828 (excellent for a social science). From this information we...

0
0
Inflation is a symptom and representation of industry socialization
by EconPete on 4 Jul 2012  8 comments, latest 5 years ago
Industry price inflation is a symptom and representation of industry socialization. Deflation is synonymous with capitalism. When a desired new product is developed in the economy there is little competition...

0
0
Public Ponzi debt will explode in the near future!
by EconPete on 24 Jul 2012  36 comments, latest 5 years ago
Over the last 200 years the populations of the US and every industrialized nation has doubled rapidly. The US illustrates how over very short periods of time when the population...

0
0
We have an incentive to steal resources from future generations!
by EconPete on 31 Jul 2012  20 comments, latest 5 years ago
The concept of the “tragedy of the commons” has never been applied, that I know of, on an intergenerational basis. Because we collectively own the resources with the inhabitants of...

0
1
Eliminating health insurance will fix all healthcare problems!
by EconPete on 8 Jul 2012  23 comments, latest 5 years ago
The government’s demand that everyone has health insurance is socialism. Why can’t someone be self insured? Don’t we own our own body? If someone makes a wrong calculation and doesn’t...

2
0
Stocks will peak when the combined developed nations’ population peaks. (en.wikipedia.org)
by EconPete on 19 Jul 2012  10 comments, latest 5 years ago
What makes stock values go up or down? Well, it depends on what driving factors are motivating stock valuations. Most people think stock fluctuations have to do with how much...

0
1
Public workers are communists, by definition!
by EconPete on 15 Jul 2012  6 comments, latest 6 years ago
Straight from dictionary.com com•mu•nism noun 1. a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as...

3
0
Public teacher’s high pay is not justified! (jsonline.com)
by EconPete on 10 Jul 2012  142 comments, latest 6 years ago
Many teachers claim their incomes are insufficient. Many times they are not compared to the private sector because most teachers have very little real world, private sector, experience. They do...

0
0
Unions are not the problem in the economy, public unions are!!!!
by EconPete on 2 Jul 2012  63 comments, latest 6 years ago
A union shop in a private company is still under many of the same capitalistic constraints as the company was prior to the formation of the union. If the company...

0
0
Voting is for irrational people!
by EconPete on 26 Jun 2012  18 comments, latest 6 years ago
The United States' political democracy elects their leaders based on the largest number of irrational thinkers. This can easily be proven! In the business world, companies and individuals are assumed...

0
0
High healthcare costs are a factor in the prolongation of the housing slump.
by EconPete on 17 Jun 2012  1 comment, latest 6 years ago
Many 55 to 65 year old working adults are putting off retirement because of the inability to pay extremely high health insurance. If these well paid workers, who would otherwise...

0
0
Stock fluctuations make even neutral % market adjustments a losing proposition!
by EconPete on 13 Jun 2012  4 comments, latest 6 years ago
The stock market is fluctuating every minute of every business day. Each time an individual stock drops 1% it needs a 1.0101% increase to get back to its starting value....

0
0
Patrick, what happened to the “Debt is Slavery” logo?
by EconPete on 13 Jun 2012  5 comments, latest 6 years ago
Maybe this statement was too strong for sensitive people? A softer message may be; Debt gives another person claim to your assets. If your assets fall short, the lender can...

0
0
The wealth distribution resembles the intelligence distribution.
by EconPete on 12 Jun 2012  22 comments, latest 6 years ago
Top 1% = 40% Bottom 40% = 2% This means that if the top 1 percent gave up just 2% of their share of the countries net worth they could...
page 1 of 3   next »