High Desert Business Journal

01/06/2021

The lull before the storm...?

U.S. bankruptcy filings for 2020 hit their lowest level since 1986 as a flood of government support programs offset at least temporarily the full brunt of the coronavirus pandemic and a related recession, Epiq AACER reported...

10/01/2020

The country entered the new recession with record levels of consumer, business and government debt. Fourteen charts explain how we got there—and what it means for getting the economy going again.

09/30/2020

Democrats propose new taxes similar to those that plunged America back into depression in 1937.

09/03/2020

Chickens are on their way home to roost.

Federal government debt held by the public will soon reach 100% of GDP. What, we worry?

07/17/2020

For years, we have warned that continued deficit spending would paint the Federal Reserve into a corner wherein monetary policy would become a slave to fiscal policy. To avoid government default, confiscatory taxes, government shutdown, or a combination of all three, the Federal Reserve has reached....

06/07/2020

https://www.forbes.com/sites/zackfriedman/2020/05/07/consumer-debt-financial-crisis/

That's $1.6 trillion higher than the 2008 financial crisis.

10/13/2019

09/16/2019

You, as a parent, have to be decisive about the fact that the “safety net” of living at home is coming to an end, says WSJ Wealth Management Expert Ted Jenkin.

08/22/2019

Escaping from debt often takes longer—much longer—than you think.

08/15/2019

No, skipping your morning caffeine boost will not make you a millionaire.