Category Archives: Uncategorized

The end or onset of the debt crisis? The debts just keep growing

By Robert L. Cain, Copyright 2023, Cain Publications. Inc. When will it end?  Credit card debt just hit a record high, jumping $60 billion to almost a trillion dollars, $986.5 billion, in the three months ending December 2022.  That goes … Continue reading

Posted in Uncategorized | Leave a comment

Artificial Intelligence: Its Perils and Promise in Applicant Recruiting and Screening

By Robert L. Cain, Copyright 2023, Cain Publications, Inc. In 2014, Amazon got itself a new recruiting tool that used artificial intelligence (AI) to recruit employees. “Everyone wanted this holy grail,” an Amazon spokesperson said and Reuters reported. “They literally … Continue reading

Posted in Uncategorized | Leave a comment

Screening Using Social Media: Advantages and Traps

By Robert L. Cain, Copyright 2023, Cain Publications, Inc. They tried to think of everything. With dummied up bank records, tax records, employer and landlord references complete with phone numbers of friends, they created a history that showed them to … Continue reading

Posted in Uncategorized | Leave a comment

Layoffs and Hiring Freezes Are Taking Their Tolls on the Economy

By Robert L. Cain, Copyright 2022, Cain Publications, Inc. If they take $11 billion out of the economy, the effects will be less than pretty. They did and it isn’t pretty. As of November 18, 120,000 tech workers had been … Continue reading

Posted in Uncategorized | Leave a comment

Buy Now Pay Later’s Impending Downside

By Robert L. Cain, Coopyright 2022, Cain Publications, Inc. They took a market served by check-cashing and payday loan stores and offered credit to their customers. Buy Now Pay Later (BNPL) began as a way to reach an underserved or … Continue reading

Posted in Uncategorized | Leave a comment

How Liars Give Themselves Away

By Robert L. Cain, Copyright 2022, Cain Publications, Inc. A boss  I had once gave away his lies with a gulp in his throat immediately before and after the lie exited his mouth. Once I heard the gulp, I dismissed … Continue reading

Posted in Uncategorized | Leave a comment

Regulation F Affects Both Collection Agencies and Creditors

By Robert L. Cain, Copyright 2022, Cain Publications, Inc. “Deadbeat! Just wait until I put you on the deadbeat list that I’m going to show everybody! My law firm and I will hound you forever! I’m going to have you … Continue reading

Posted in Uncategorized | Leave a comment

Rich Guys Love Recessions. Here’s Why.

By Robert L. Cain, Copyright 2022, Cain Publications, Inc. Warren Buffet said, “Be fearful when others are greedy, and be greedy when others are fearful.” In 2008, with other people’s fear in abundance, he bought $5 billion in “perpetual preferred … Continue reading

Posted in Uncategorized | Leave a comment

Seattle Loses More than 11,000 Units in a Year

How does a city manage to lose 11,521 rental units in a year? When you look at the city of Seattle, you understand how. The latest issue of Current, the publication of the Rental Housing Association of Washington suggests it … Continue reading

Posted in Uncategorized | Leave a comment

As the Economy’s Wheels Wobble, Economists Speak Gleefully About How Great Everything Is

By Robert L. Cain, Copyright 2022 Cain Publications, Inc. Retail sales beat inflation for the fourth straight month the Commerce Department reported in April. The gleeful report is wishing thinking at best, misleads at worse and misinforms at worst. Sure … Continue reading

Posted in Uncategorized | Leave a comment