United States

We never seem to learn.  Over a decade ago, our leaders created the biggest housing bubble of all time, and when it finally burst the entire globe experienced great financial pain.  So did they learn from their mistakes and fix the system?  No, instead they just created an even bigger housing bubble.  Now that housing bubble is beginning to burst, and that is going to have very serious implications for all of us.

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The Most Profitable U.S. Companies, by Sector

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U.S. corporate profits hit record levels in 2022, even as stocks fell into a bear market and inflation reached 40-year highs.

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Chart: U.S. Home Price Growth Over 50 Years

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U.S. home prices grew significantly in 2022, even as interest rates climbed higher.

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June 28, 2023

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Marcus Lu

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