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Category Archives: Economic Trends
STRATEGIC DEFAULT 2020 STYLE: RENTERS CAN LIVE RENT FREE FOR A YEAR OR MORE
Strategic Default was a term coined during the 2008 Great Recession describing homeowners who stopped paying their mortgages but continued to occupy their house or collect rents from their investment properties. They could live in the house or collect rent … Continue reading
THE LION’S SHARE OF HIGH SCHOOL STUDENTS CHEAT ON ONLINE EXAMS
HIGH SCHOOL STUDENTS ARE CHEATING IN RECORD NUMBERS August 6, 2020. WHILE no formal statistics exist, my estimate is that more than 75% of high school students cheat during online exams. Cheating during an online exam is easy, effective and … Continue reading
Posted in Economic Trends
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Stir-crazed youth will demand all that is pent up caused by the lockdown. Although Coachella was postponed from April to October, it and other festivals and large gatherings probably won’t go off until next year. Sleeping in porta potties and molly … Continue reading
What a long strange trip it’s been. JUST 12 YEARS AGO, I reported “in the Spring of 2008, Las Vegas homeowners stopped paying their mortgage, and filed predatory lending lawsuits against their lenders alleging mortgage fraud including RESPA and TILA … Continue reading
TEENAGE WASTELAND Generation Z suffers from mental illness
Most of the research so far about generation Z suggests that youngsters today are less hedonistic, better behaved and more lonely than ever before. A recent report by Pew Research Centre, a think-tank, reinforces that finding and sheds more light on … Continue reading
Posted in Economic Trends
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A Rockstars’ Guide to Management
If rock groups are businesses, businesses are getting more like rock bands. Workplaces are far more informal than they used to be, with less emphasis on protocol, rank and authority. Many firms try to cultivate the creativity that can come … Continue reading
Posted in Economic Trends
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One in four kids say they use cannabis
Marijuana is most popular among 18- to 29-year-olds — about one in four (24%) adults in this age group report regularly or occasionally using it. More people use cannabis than tobacco. The following illustrates people who use tobacco or cannabis: … Continue reading
Posted in Economic Trends
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Few Americans are Vegetarian or Vegan
5% of Americans are vegetarians, unchanged from 2012 3% are vegans, little changed from 2% in 2012
Posted in Economic Trends
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Millennials face largest wealth gap in generations
A 2017 analysis by Credit Suisse suggests that millennials in several advanced economies are likely going to face the worst income inequality of any generation in recent memory. Millennials are generally saddled with more student debt, less inherited money, and stricter mortgages than … Continue reading
Americans in best Christmas shopping mood in years.
According to Pew Americans plan to spend $906 on gifts, the most since 2007 Middle- and lower-income households fueling the rise Record-low percentage plan to spend less than last year More specifically, 34% of Americans plan to spend at least $1,000 … Continue reading
Posted in Economic Trends, Uncategorized
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