Silver as an investment

Category Archives: State Economy

This Map Shows US States Renamed For Countries With Similar GDPs

The U.S. economy is so big that all of the individual states are comparable to entire countries…       As Visual Capitalist's Jeff Desjardins notes, not surprisingly – big states like California, New York, and Texas are very similar in size to other formidable economies like France, South Korea, and Canada. Perhaps even more […]

Welcome To Illinois (Where Every 5 Minutes Someone Moves Out)

Submitted by Michael Shedlock via, Illinois has the worst migration statistics in the nation. Every 5 minutes, someone decides to leave. This a guest post by Michael Lucci, Vice President of Policy at the Illinois Policy Institute. Out-migration is a serious problem for Illinois, and policymakers should focus on curtailing it by fostering a […]

Putting America’s Economy In Context – Illinois ‘Bigger’ Than Saudi Arabia

The US economy remains staggeringly large. In order to help put America’s GDP of $18 trillion in 2015 into perspective, the following chart compares the GDP of US states to other country’s entire national GDP…   As Mark Perry explains (via Austrian Economics blogs), the map above (click to enlarge) was created (with assistance from […]

Soon Comes The Deluge

Submitted by David Stockman via Contra Corner blog, The robo-machines are now having a grand old time hazing the August lows at 1870 on the S&P, and may succeed in ginning up another dead-cat bounce or two. But this market is going down for the count owing to a perfect storm. To wit, the global […]

Frontrunning: September 22

Pressure builds on Volkswagen CEO as emissions-cheating probe spreads (Reuters) Volkswagen Emissions Scandal Relates to 11 Million Cars (WSJ) Volkswagen Emissions Investigations Should Widen to Entire Auto Industry, Officials Say (WSJ) Germany’s Bosch makes VW’s U.S. diesel components (Reuters) Volkswagen scandal will have personnel consequences – state economy minister (Reuters) Glencore Falls to Record as […]

What’s The Biggest Business In Your State?

A state economy is nothing without the businesses that call it home. But, as WaPo notes, those businesses are not created equally – bigger businesses naturally have outsized influence, generating more revenue, paying more taxes and employing more people. As Bloomberg notes below, some are less surprising – GM runs Michigan, ExxonMobil runs Texas, and […]

A Forecast Of Our Energy Future; Why Common Solutions Don’t Work

Submitted by Gail Tverberg via Our Finite World blog, In order to understand what solutions to our energy predicament will or won’t work, it is necessary to understand the true nature of our energy predicament. Most solutions fail because analysts assume that the nature of our energy problem is quite different from what it really […]

Guest Post: Is Capitalism Incompatible With Democracy?

Submitted by Charles Hugh Smith from Of Two Minds Is Capitalism Incompatible with Democracy? Failure and losses are the essential feedback in capitalism which clears the way for success and innovation. Eliminate losses and failure by changing the rules to protect either an Elite or the majority and you doom the system to collapse. Is […]