AMA 128 – The United States Economic Status with Megan Greene, Chief Economist of Manulife & John Hancock Asset Management

Jason Hartman talks about the current state of the American economy, stock market and housing market with Megan Greene, Chief Economist of Manulife & John Hancock Asset Management.

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Key Takeaways:

[4:06] If high frequency traders really bring liquidity into the market

[10:57] The cure all for our economic inequalities, and why you’ll never see it come to fruition

[13:10] Why we may not want to be relying on housing for our economic revival

Website Mentioned:

www.johnhancock.com

 

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The 10 Most Fiscally Irresponsible States

<img class="alignleft size-full wp-image-792" title="2345895971_e8cd13e980_m" src="https://americanmonetaryassociation.org/wp-content/uploads/sites/15/2011/07/2345895971_e8cd13e980_m.jpg" alt="" width="240" height="160" />Sometimes the best way to get someone to change a bad habit is by exposing them publicly. Well, when it comes to fiscal irresponsibility, the federal government wins, hands down. No single state in the union can hold a candle to Uncle Sam's raging, decades-long <a href="http://www.brillig.com/debt_clock/" target="_blank">spendathon</a>. But there are ten states that have distinguished themselves from the pack via the means of their citizens racking up a tremendous amount of debt. The following list comes to us courtesy of <a href="http://moneywatch.bnet.com/saving-money/blog/devil-details/debt-in-america-most-least-indebted-states/4899/" target="_blank">Moneywatch</a>.

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