Analysts Expect Up to a 25% Real Estate Market Crash in Most of Arizona
Fortune magazine reported yesterday that Moody's Analytics now believes that overvalued housing markets are subject to a 20% to 25% decline. That assumes that there is a major recession and the decline is from peak to trough.
If We Go Into a Recession, Will We Also Have a “Man-Cession”?
Many unemployed men refuse to do jobs traditionally held by women. Photo by Andrea Piacquadio. A recession is a period of significant economic decline that lasts for more than a few months. The National Bureau of Economic Research has yet to formally declare the U.S. economy in a recession.
The White Collar Recession Is Hurting College Graduates This Year
Investopedia states this as the definition of white-collar jobs. Typical white-collar jobs include company management, lawyers, accountants, financial and insurance jobs, consultants, and computer programmers, among many others. Many jobs that require a shirt and tie today are low-paying and high-stress, especially in the modern services and technology sectors. (source)
California Experiences Financial Red Flag as Tax Revenue Falls
A financial red flag is waving in California as personal income tax revenue has fallen upwards of 11%. Credit: Barry M. Winiker (Getty Images) As Bloomberg noted, this is the "the latest warning sign for the finances of a state whose fortunes are closely tied to the performance of markets."
Food shortages, inflation, bad behavior. Let's have a chat.
Hello from Rootbound Homestead! Today's video is a little chat about food shortages, inflation, and bad behavior. This page is a safe space, a place to learn, a place to grow. Some of the behavior I've seen has been less than desirable. Please practice your three P's.. Pray, Prep, and be PEACEFUL. We love you! Right now, we should all be busy as bees getting ready for whatever may come our way. Make sure your family is fed by growing, harvesting, stocking, prepping your pantry. This massive haul was from this morning, we are pulling in tons of food from a 16x20ft plot. It's not massive, but the yields are! You can do this too! We picked 20lbs of tomatoes JUST TODAY! YAY! Watch this vlog for secret gardening tips for beginners on a budget for massive yields! Check out our YouTube channel for more! Get out there and keep your hands dirty! :)
JP Morgan CEO Warns of "Something Worse" Than Recession
The CEO of JP Morgan Chase has warned Americans that "something worse" than a recession may be coming. Jamie Dimon, who took over as head of the banking giant in 2005, reportedly warned wealthy clients to be on the lookout for financial problems far worse than a standard recession might bring in newly released reports.
Farmers Warning: Potatoes and Onions next to fail?
Hello there! Today's video is about the next wave of warnings from local farmers.. potatoes and onions, seeds and hay are going to be in very short supply, especially by next year. The best and easiest thing you can do is start storing them now! Pressure canning, freezing, dehydrating.. there are many easy ways to start stocking up to make sure your family has food to come. If you can't do that, you can buy already canned variety's with ease! Follow us on YouTube @ Rootbound Homestead for more :)
Warning from seed suppliers, start saving EVERY seed you can!
Hello there and welcome back to the homestead! Guys, things are getting a little crazy out there. Seed companies and farm stores are warning people there will be shortages of seed varieties and ultimately, food. If you are already growing your own gardens and putting up your own food, now is the perfect time to think about saving your seeds. Save some seeds from your harvest to ensure your family will have food next year! Plus, seeds are a GREAT bartering tool! :) Happy growing!
Virginia Residents to Receive State Stimulus Checks
The cost of living is increasing in America. Many citizens are hoping to get help from their state representatives. And Virginia is one of the states where the budget includes a one-time payment.
Stimulus Legislations Would Give Families Money Per Month In Sixteen States
States are considering child tax credit payments in 2022. Eligible families in these states would get extra credit relief. The legislation is still under deliberation. But if passed, millions of American families would get more cash each month. The focus of Federal officials has shifted. It is more on giving money to states for its local distribution. Plus, many states have a tax surplus. Thus, local officials want to use the sums to aid struggling groups such as families. (source)
U.S. Job Growth For July Was Unexpectedly High
On Friday, the Labor Department reported that US employers added over 500,000 jobs in July, a surprisingly strong gain showing that higher interest rates and inflation have not yet impacted the overall labor market.
Is The U.S Economy Entering a Recession?
The most recent figures from the U.S. Bureau of Economic Analysis have shown that the American economy has now experienced two consecutive quarters of negative real (inflation-adjusted) gross domestic product growth.
Economics Expert Says Stimulus Checks Are A "Terrible" Idea
The National Bureau of Economic Research has not yet declared a recession, but there is one expert stating stimulus payments during a recession have always been "a common policy in the past" and will "likely" be part of a federal response should a recession be declared.
Many people worried about a recession in the United States
If you aren’t living under a rock then you have probably heard people talking about a recession. I read a quote recently that said, “A recession is when your neighbor loses their job. A depression is when you lose your job.” What is a recession? A recession can be defined as a period of economic decline, usually a decline in GDP for two quarters.
When to harvest garlic and how to store it.
The time to prepare your pantry and your family is now! Please try to put just a little extra away each week so you can survive a disaster situation, whatever that may be. Today, we're in the Garlic bed. RHE MOST ASKED QUESTION in gardening, Is when to harvest garden produce and how to store it. I hope this gardening vlog helps you! In this video, I show you how to harvest your garlic. Plus, I give some other tips on harvesting, storing, and curing garlic and even mint so you can use yours for months to come!
One-Time Payments Give Delaware Residents Cash This Summer
Delaware is one of the eighteen states providing one-time direct payments to locals. The officials signed off on the bill, including these expenditures earlier this year. The state began giving the $300 relief checks to each adult resident in May 2022. (source)
Small Businesses In Florida Are Getting Crushed By Inflation
It's no secret that inflation is wreaking havoc on Florida's small businesses. And unfortunately, some are being forced to close due to the tough economic environment. Take Monroe's Smokehouse Bar-BBQ Beach Boulevard in Jacksonville as an example. "We will be closing our Beach Blvd location at the end of August," the owner wrote on Facebook. "We have many great memories of guests and staff that have become like family to us and have played a role in our journey since opening this location in 2012. It has been our loyal staff that has allowed us to continually serve our guests at this location and we cannot thank them enough."
Warning from farmers: get ready and prepare now!
There is a growing concern that things are going to get bad here in the near future. The easiest thing you can do to prepare for disaster is to stock your pantry, gather medications, get your pets and children's paperwork together, stock up on batteries, fresh water, non perishable foods, and personal toiletries. The simple act of preparing ensures you and your family will be prepared for any financial, economical, food system disaster may come.
Inflation Soars And Pushes Prices Up At Fastest Rate In 40 Years
Nearly 40 years ago now, the federal government pushed the economy into a recession in order to stop inflation. On Wednesday, the latest Consumer Price Index release showed us that prices are up nearly 10%, which is the largest 12-month increase since November 1981.