Tag Archives: Parallax News

Is the United States Economy in a Bubble? ?

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Is the United States Economy in a Bubble? ? During Monday’s debate, Republican nominee Donald Trump asserted that the U.S. economy is currently operating in a “big, fat, ugly bubble.” Economic bubbles occur when assets, such as housing or financial stocks, are priced artificially high. Bubbles pose a threat to economic stability because they tend to “pop” suddenly. When this… Read more »

Will Slow Economic Growth Put Trump in the White House?

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Will Slow Economic Growth Put Trump in the White House? August 2nd, 2016 Gross domestic product (GDP) is the most relied upon measurement of economic growth. Last Friday, the U.S. Commerce Department reported that, during the second quarter of this year, GDP only grew at an annual rate of 1.2%. The reported rate is more than twice as slow as… Read more »

Is One of America’s Greatest Rivals About to Collapse?

Is One of America’s Greatest Rivals About to Collapse? July 28th, 2016 Venezuela has the world’s biggest oil reserves, yet its socialist economy is collapsing. The Venezuelan people, who during the last two decades have lived under a revolutionary, left-wing government, are increasingly hungry and desperate. The crisis has propelled a widespread opposition movement to have President Nicolás Maduro recalled… Read more »