@techprophet #FDR created a #framework to rein in the worst aspects of #capitalism. Beginning with #reagan that framework was dismantled. An important leg, Glass-Steagall, which #regulated #banks was partially #repealed under #clinton. Within a decade, the #greatrecession hit. This was not a #coincidence. Every #economic system requires some degree of #regulation to operate optimally. #doddfrank was a step in the right direction, but IMO somewhat more is required.
#fdr #framework #capitalism #reagan #regulated #banks #repealed #clinton #greatrecession #coincidence #economic #regulation #doddfrank
After 1996 Welfare Reform: Women were more likely to have their first birth precede their first stable employment, facing a higher risk of single motherhood and lack of both earned income and public cash benefits. For 1 in 4 US single mothers without stable jobs before their first birth: Great Recession job declines linked to having no earned income or public cash benefits.
https://www.ncbi.nlm.nih.gov/pubmed/31057320
#NICHDImpact #Poverty #Mothers #Economics #Welfare #GreatRecession
#NICHDimpact #poverty #mothers #economics #welfare #greatrecession
Signal-boosting for a friend-of-a-friend-of-a-friend (really) who's having a hard time: https://gofund.me/7f30e89f
#greatrecession #minimumwage #eviction
日経平均は3万円を超えたものの https://tkt058.seesaa.net/article/499396130.html @tkt058より
#日経 #日経平均 #日経平均株価 #日経平均3万円 #株価 #味の素 #Ajinomoto #Nikkei #nikkei225 #Equality #EqualityForAll #Equity #Equity2023Q1Results #investor #投資家 #投資家さんと繋がりたい #投資家さんとつながりたい #投資家と繋がりたい #investment #investing #InvestRightInvestNow #GreatRecession
#greatrecession #InvestRightInvestNow #investing #investment #投資家と繋がりたい #投資家さんとつながりたい #投資家さんと繋がりたい #投資家 #investor #equity2023q1results #equity #equalityforall #equality #nikkei225 #nikkei #ajinomoto #味の素 #株価 #日経平均3万円 #日経平均株価 #日経平均 #日経
日経平均は3万円を超えたものの https://tkt058.seesaa.net/article/499396130.html @tkt058より
#日経 #日経平均 #日経平均株価 #日経平均3万円 #株価 #味の素 #Ajinomoto #Nikkei #nikkei225 #Equality #EqualityForAll #Equity #Equity2023Q1Results #investor #投資家 #投資家さんと繋がりたい #投資家さんとつながりたい #投資家と繋がりたい #investment #investing #InvestRightInvestNow #GreatRecession
#greatrecession #investrightinvestnow #investing #investment #投資家と繋がりたい #投資家さんとつながりたい #投資家さんと繋がりたい #投資家 #investor #equity2023q1results #equity #equalityforall #equality #Nikkei225 #nikkei #ajinomoto #味の素 #株価 #日経平均3万円 #日経平均株価 #日経平均 #日経
The White House's warned about debt
A disaster that we should expect
It could be as bad
As the Great Recession had
And cause an economic effect
#debtcrisis #whitehouse #greatrecession #economy #limerick #poetry
http://www.businessinsider.com/white-house-debt-ceiling-crisis-could-be-bad-great-recession-2023-5
#debtcrisis #whitehouse #greatrecession #economy #limerick #poetry
A recession may be coming — here's how long it could last, according to economists https://cnb.cx/3Ngngcv
Will the next great recession be soon?
How will I be prepared for it?
#Recession #GreatRecession #FederalReserve #CathyCurtis #economic #EconomicCrisis #EconomicDevelopment
#economicdevelopment #economiccrisis #economic #cathycurtis #federalreserve #greatrecession #recession
A recession may be coming — here's how long it could last, according to economists https://cnb.cx/3Ngngcv
Will the next great recession be soon?
How will I be prepared for it?
#Recession #GreatRecession #FederalReserve #CathyCurtis #economic #EconomicCrisis #EconomicDevelopment
#economicdevelopment #economiccrisis #economic #cathycurtis #federalreserve #greatrecession #recession
Do you really want to know what is going to happen to the #US economy and all #dollar-backed markets?
Please read the #FED statement below carefully.
The #GreatRecession will look like a walk in the park.
#us #Dollar #fed #greatrecession #rip
Rising deaths from suicide, and drug and alcohol abuse for both Black and white Americans are overwhelmingly driven by increases in drug-related deaths since the late 1990s. Deaths related to alcohol abuse and suicide among both White and black Americans changed during the Great Recession, despite some racial differences across age groups.
https://www.ncbi.nlm.nih.gov/pubmed/33778856
#NICHDImpact #DeathsofDespair #Suicide #Mortality #SubstanceAbuse #RacialDisparities #GreatRecession @AndreaTilstra
#NICHDimpact #deathsofdespair #suicide #Mortality #substanceabuse #racialdisparities #greatrecession
Today in #Connecticut History, March 21: Furious Taxpayers Fight Against Bailouts
Read the Story and Subscribe for Daily Updates
TODAYINCTHISTORY.com
https://todayincthistory.com/2023/03/21/march-21-taxpayer-anger-at-bailout-bonuses-hits-home/
#2008recession #21stcentury #AIG #bailouts #businessandindustry #congress #connecticuthistory #connecticutworkingfamiliesparty #crimeandpunishment #fairfieldcounty #finance #greatrecession #march #protests #wilton
#connecticut #2008recession #21stcentury #aig #bailouts #businessandindustry #congress #connecticuthistory #connecticutworkingfamiliesparty #crimeandpunishment #fairfieldcounty #finance #greatrecession #march #protests #wilton
In case you were wondering, over the last 7 days the Federal Reserve has felt it necessary to inject liquidity (money) into the banking system at levels equal to 50% of the #GreatRecession & financial meltdown of 2008. 😳
Silicon Valley Bank Fails After Run by Venture Capital Customers -
FDIC took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too. https://www.nytimes.com/2023/03/10/business/silicon-valley-bank-stock.html So not in the mood for another #greatrecession #toobigtofail
@rbreich I feel like the #Fed should be called on their claim that their ONLY tool is #interestrates when they clearly used other tools after the #GreatRecession like #QuantitativeEasing
Maybe the Fed should see what it can do about #pricegouging and #StockBuybacks
I bet there are creative tools they can use. Certainly anything is better than putting it on the backs of #workers
#fed #interestrates #greatrecession #quantitativeeasing #pricegouging #stockbuybacks #workers
This is a chart of the S&P 500 index from 2007 to 2023 on https://www.macrotrends.net/2324/sp-500-historical-chart-data
I actually started a brokerage acct in 2007 just before the #GreatRecession. The stock market took a massive dump, losing over 50%, but look at it now. You've more than made up for the losses if you just stayed in and kept investing.
So it's important for young people to try and #invest early on. The big hurdle though is making enough money to invest. I know I didn't have the spare cash in my 20s.
"The appetite for crypto has been most pronounced among Gen Z and millennials. Those groups became investors in the past 15 years at previously unseen rates and with exceedingly optimistic expectations.
I have come to view #cryptocurrencies not simply as exotic assets but as a manifestation of a magical thinking that had come to infect part of the generation who grew up in the aftermath of the #GreatRecession — and American #capitalism, more broadly."
Mihir A. Desai
#cryptocurrencies #greatrecession #capitalism #newyorktimes #crypto
Why everyone thinks a recession is coming in 2023 https://cnb.cx/3HSGEcO
Will the next great recession occur next year?
How will I protect my assets for it?
#greatrecession #recession #economy #EconomyMonetary #CNBC
#cnbc #EconomyMonetary #economy #recession #greatrecession
Why everyone thinks a recession is coming in 2023 https://cnb.cx/3HSGEcO
Will the next great recession occur next year?
How will I protect my assets for it?
#greatrecession #recession #economy #EconomyMonetary #CNBC
#cnbc #EconomyMonetary #economy #recession #greatrecession
Like imagine buying your first house and it’s haunted. “Oh, heyo, ghosts or ghouls or whatever. Hope we can coexist cuz I’m not moving lol. I didn’t think I’d ever own a house, but here we are. Together forever.”
👻😎
#homeowner #ghost #Millenials #greatrecession #housingcrisis #housing
#homeowner #ghost #millenials #greatrecession #housingcrisis #housing
#Tech #layoffs nearing levels not seen since the #GreatRecession #Collapse
https://newstarget.com/2022-12-01-tech-layoffs-nearing-great-recession-levels.html
#collapse #greatrecession #LayOffs #tech