5 local economies that have the potential to become economic powerhouses of tomorrow

North Dakota

North Dakota’s ticket to success is energy.

Some regions of the U.S. anticipate future prosperity even as the national economy struggles. Though unlikely to surpass powerhouses of the U.S. economy such as California’s Silicon Valley, Boston’s Route 128 corridor and North Carolina’s Research Triangle, these five cities may well give better-known up-and-comers such as Austin, Texas, Charlotte, N.C., Denver and the Sun Belt’s auto centers a run for the money.

 

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Will student loan debt be America’s next big bubble?

student debt

Since 1999 outstanding student loan debt has grown by more than 511 percent.

“I still have student loans,” David Guard, a graduate of Gettysburg College and American University, told Fox News recently, as lawmakers and the White House bickered over the debt ceiling. “I could see an increase in those interest rates.”

 

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Growing number of Americans struggle to keep their cars on the road

mechanic

“Many Americans rely on their cars for their livelihood, and losing access to them could be financially devastating.”

Margaret McCormick’s 2001 Toyota Celica has been sitting in the parking lot of her condo complex for the past four months.  She can’t afford to fix the flat tire and broken transmission.

 

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Cable TV losing record number of subscribers

watching tv

Eight of the nine largest subscription-TV providers in the U.S. lost 195,700 subscribers in the April-to-June quarter.

Americans spend a lot of free time in front of the TV set and that is where the weak economy is hitting them.  Record numbers of people are canceling their cable and satellite TV subscriptions, according to an analysis by the Associated Press of the companies’ quarterly earnings reports.

 

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U.S. economic uncertainty is the new normal

economic uncertainty

Many Americans are focused on bargains and careful to spend money only when they need.

Financial fears of most Americans seem to be adding to the nation’s economic woes.  The recession. The financial crisis. The housing crisis. The persistently high unemployment rate. And now, the debt debacle.  No wonder American’s feel uncertain about the U.S. economy.

 

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A plan towards building micro homes and micro apartments for struggling cities

tiny house

 Micro home

The following is a letter written  to the Mayor of Providence, RI by Walt Barrett. Walt would like to encourage you to pass the letter on to the mayor of your town or city and try to make some changes across the country.

 

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Banks turn to bulldozing foreclosed homes

bulldozer_house

Banks are turning to demolition teams instead of realtors to rid them of their least valuable repossessed homes.

Bulldozers are a new remedy for banks in America’s ailing housing market.

There are nearly 1.7 million homes in the U.S. in some state of foreclosure. Banks already own some of these homes and will soon have repossessed many more. Many housing economists worry that near constant stream of home sales from banks could keep housing prices down for years to come. But what if some of those homes never hit the market.

 

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Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.