Not to change the topic here:
China's Superpower Dreams Are Running Out of Money
But if the United States—with an economy roughly 50 percent larger than China's and a gross domestic product (GDP) per capita more than six times as great—can't afford to remain a global superpower, how can China possibly afford to become one?
The simple answer is it can't. Even before the coronavirus hit, China's economic growth had slowed from double-digit rates in the early 2000s to 6.1 percent in 2019—if you believe the official figures , that is. This figure is highly suspect, not least because the person who sets China's annual GDP target, National Development and Reform Commission vice chairman Ning Jizhe, is the same person who, as director of the National Bureau of Statistics, is responsible for measuring GDP.
Timeshare exit services rarely worth the money - SFChronicle.com
In the past six years or so, timeshare exit services have emerged, making promises to help owners eager to jettison their timeshares. But an investigation by the nonprofit Bay Area Consumers’ Checkbook and Checkbook.org found that scores of these services have developed reputations for taking advantage of their customers, adding insult to injury instead of solving problems.
Checkbook found that although timeshare exit services can succeed in terminating their customers’ contracts, many resorts make it difficult for them to follow through on their promises. Some resorts refuse even to deal with exit companies.
Money can actually buy you happiness, study shows
Among US adults aged 30 and above, "the positive correlation between socioeconomic status" – which includes income, education, and occupational prestige – " and happiness grew steadily stronger between the 1970s and 2010s," researchers found in the national General Social Survey.
"Associations between income and happiness were linear, with no tapering off at higher levels of income," the study says.
Between 1972 and 2016, the "happiness" of high socioeconomic status white adults was "fairly stable," while the happiness of low socioeconomic status white adults "steadily declined," according to the study.
Many things are taking place:
Money for Florida's Guardian Program cut from state budget
$41 million in unused funds was cut from the program that pays law enforcement agencies to train armed school staff or volunteers to act during a shooting.
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The cuts didn't deter Putnam County Sheriff H.D. "Gator" DeLoach, who said in a statement "At the start of the school year, whatever that may look like, we will have guardians in place along with our youth resource deputies."
Money In Your Pocket 7/6/20 | WSYR
Miss Manners: No good comes from mentioning money on social media - The Washington Post
Dear Miss Manners: I posted on social media that I was excited to have received a stimulus check. One comment on my post said that others were giving their checks to those more in need, "maybe even family members."
The comment was from the wife of my cousin. She clearly implied that I should consider giving funds to her husband, whom she has long been separated from, and from whom she is financially independent. (Her husband scrapes by and, unlike us, was negatively affected by the lockdowns.)
Refinancing your mortgage can save you money. Here's how to find out
Add to that the coronavirus pandemic and the economic recession, and the need to find extra cash or to cut expenses becomes even greater. In fact, refinance applications are 74% higher than a year ago, according to the Mortgage Bankers Association.
That's just what a relative of mine did. My 62-year-old uncle recently closed on refinancing the home he shares with his wife in Morris County, New Jersey. The couple took their interest rate down to 3.25% from 4.75% for a 30-year fixed mortgage.
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