Among the lesser-reported impacts of the Great Recession, during which time millions of Americans lost their homes to foreclosure, is the continuing surge in rental housing demand. Demand has inflated rental rates in already costly markets throughout the country. But rental price inflation is not just a problem hitting high cost of living regions in …
Continue reading The Rent Bubble: Coming to a Neighborhood Near You
The secret is out: Apple has a worm inching its way through its corporate flesh. January was a tough month on the Cupertino, California company venerated for its innovation and vision. The controversy emerged when an Apple contractor in China, a manufacturing facility known as Foxconn where many brand-name electronics are assembled largely by hand, …
What this worldwide recession proves: Globalism is a fatally flawed model in the present economic and ecologic sense. Protectionism may not be the answer, but nor is leaving one's country ripe for manipulation at the hands of commodities and foreign currency traders, resource shortages and above all too-close-to-the-bone ideas about corporate "efficiency" that make transcontinental supply chains so perilously thin and easy to disrupt. Why we need a cell-based economy. Stat.