Foodflation

Infographic: Foodflation – Since QE3, Breakfast Is Up Over 24%

Having pointed out the ‘surges’ in the cost of your 4th of July burger at the behest of Greenspan and Bernanke, we thought a reflection on the soaring costs of ‘the most important meal of the day’ were in order. As the following chart illustrates in words and pictures even a PhD Fed economist or CNBC…

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Student loan Delinquencies 2

Student Loans Soar To Record $1.111 Trillion, Up 12% In Past Year

We have covered the topic of the student loan bubble extensively in the past so we won’t waste more digital ink on where it comes from or what it means for the troubled US consumer, suffice to report that according to the Fed, in Q1 total Federal student loans rose by another $31 billion to a…

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Real Wages

No Raises For Anyone: Real Hourly Wages Decline For The First Time Since 2012

In order to justify the US “recovery”, one of the recurring themes has been that wages of US workers are going up…. any minute now. And since any minute now has been the common refrain for about five years now, some are getting skeptical. Not us: we have known since 2009 that the Fed’s “plan” of making billionaires…

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Food Inflation

Soaring Food Inflation Full Frontal: Beef, Pork And Shrimp Prices Soar To Record Highs

  We previously noted that both beef and pork (courtesy of the affectionately named Porcine Epidemic Diarrhea virus) prices have been reaching new all time highs on an almost daily basis. It is time to update the chart. Below we show what a world in which the Fed is constantly lamenting the lack of inflation looks like for beef…

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overrepresented jobs state map

Map: What Job Is Your State Known For?

  Some jobs are disproportionately concentrated in certain states. Fashion designers flock to New York, Texas has an outsize share of petroleum engineers, and Floridians are much more likely to be motorboat operators than are other Americans. We made a map that shows the most over-represented job in each state, using the Bureau of Labor…

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powergridsystem

Government Agency: If 9 Substations Are Destroyed, The Power Grid Could Be Down For 18 Months

What would you do if the Internet or the power grid went down for over a year? Our key infrastructure, including the Internet and the power grid, is far more vulnerable than most people would dare to imagine. These days, most people simply take for granted that the lights will always be on and that…

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Who Is After Crimea

Infographic – Who’s Next After Crimea?

Many had feared (or expected), fallout from Crimea’s referendum and subsequent accession to Russia may embolden ethnic minorities in many bordering nations to seek self-determination. It appears that is taking place in Moldova where Vedomosti reports that Mikhail Burla, head of the Transnistria region’s legislature, has asked Russia’s Duma for draft laws on accession to…

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5948891621_teleprompter_obama_xlarge

“Most Transparent Administration Ever” Rejected Record Number Of FOIA Requests

Once upon a time everyone got a hearty chuckle when Obama declared, on the very first day of his ascension to the throne, that his administration would be the “most transparent in history.” And if they didn’t then, they certainly will now following news that it none other than Obama’s own administration – made infamous…

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