Economics and Investing:

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Unions’ $15 Minimum Wage About-Face – Sent in by B.B. Note: The link will require that you either have an account or have ad-blocker disabled.

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The lack of inventory in housing: 5.9 percent fewer homes for sale in the U.S. than there were a year ago. You also have flippers asking for ridiculous prices on homes the size of closets. All this brings back memories of 2006 and 2007.

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No One Works in 1 in 5 U.S. Families – G.G. Excerpt: “There were 81,410,000 families in the United States in 2015. Of those, there were 16,060,000 families in which no member was employed, or 19.7 percent of the total.”

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It’s now almost impossible to save for retirement – Excerpt: “Zero (or negative) interest rates around the world have practically destroyed any reasonable expectation of savings.”

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Saudi Arabia Releases Ambitious Plan To Diversify Economy

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