Economy
Global Inequality Explodes: 26 Ultra-Wealthy Billionaires Now Have As Much Money As The Poorest 3.8 Billion People
According to Oxfam’s new report, global billionaires got 12 percent richer during 2018.
China’s Economic Growth Slumps to Slowest Pace Since 1990
China announced Monday that its economy grew 6.6 percent, the slowest pace since 1990. The year prior, China’s economy grew at a 6.8 percent rate, revised down from 6.9 percent earlier.
Imagine if the Media Had as Much Sympathy for Small Business Owners as it Does for Federal Employees
Would we then hear about the struggles of how the local Subway franchisee struggles to make payroll in the face of government regulations and taxes?
How Tax Incentive Programs Distort the Economy and Drive up the Cost of Living
We as humans must satisfy our basic needs first
Expert Blasts Fed’s “Extraordinary Monetary Manipulation”
Says activity creates an environment of tremendous uncertainty
Democrats Put Alexandria Ocasio-Cortez on Financial Services Committee, Overseeing Banks and Money
“I can’t stress how important this moment is.”
Student Debt Crisis Worsens: Florida Board Of Health Suspends Licenses Over Defaults
If they aren’t paying their loans while they have an income, what makes anyone think they’ll start paying the loans once they have no income?
These New Numbers Are Telling Us That The Global Economic Slowdown Is Far More Advanced Than We Thought
Ladies and gentlemen, 2019 is off to quite a rough start, and things are likely to get a whole lot rougher.
Increasing Demand Won’t Make the Economy Grow
Observe that demand cannot stand by itself and be independent — it is limited by production
The Politics of Political Economists
The enormous expansion of governmental activity tied to the gathering and disseminating of statistics
Fed Chairman Powell & Company Getting Cold Feet on Aggressive Policies
Fed now telling markets what they want to hear
78 Percent Of Americans Are Living Paycheck To Paycheck – Including Many Government Workers Affected By The Shutdown
At this point we do not know how the political gridlock in Washington will end.
“Imminent Collapse”: Oregon’s Pot Glut Drives Prices Even Lower
Senior economist says there’s no short-term fix for the crisis
$3.5 Trillion A Year: America’s Health Care System Has Become One Of The World’s Largest Money Making Scams
Our health care system is deeply broken.
Game Over: Sears Will Ask Judge To Liquidate After Lampert Bid Fails
Core brands have already gone elsewhere
Globalist World Bank Head Resigns, Trump to Nominate President
The Guardian reports the resignation is ‘sending shock waves through the international aid community.’
The Cure for Poverty
Government relief tends to prolong and intensify the very disease it seeks to cure
Wall Street Big Wigs Plan Exchange to Challenge NYSE, Nasdaq
Bankers plotting new exclusive exchange
“Wow” – CNN, CNBC Stunned By “Great” Jobs Numbers
Mainstream media pundits are stunned by a December jobs report that blew expectations out of the water. Commentators at CNN and CNBC have gushed over figures that place US job growth at 312,000 for the month – much higher than an expected 176,000, reflecting very positively on the Trump administration and its economic and regulatory […]
A Surprise Announcement Has Just Unleashed Another Wave Of Panic On Wall Street
A surprise announcement by Apple has just sparked another wave of panic selling on Wall Street.
Boom-Bust Cycles and Easy Money
Would the introduction of a gold standard eliminate boom-bust cycles?
Schiff: Bear Market Has “A Long Way to Go”
Says economy heading for a recession worse than the one we had in 2008
No, Dollar Stores Don’t Create Poverty
They serve their customer base well, but it is not a customer base of elite journalists and politicians
2018 Was The Worst Year For The Stock Market Since The Financial Crisis Of 2008
Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade.
Oil prices are set for their worst year since 2015
Currently U.S. crude is trading around $45 a barrel
Jeff Bezos Gains $24B as World’s 500 Richest Lose $451B in 2018
Amazon chief continues to build personal empire
Why Capital Needs Entrepreneurs
For a nation to become wealthy, its savings must get into the hands of able entrepreneurs
44 Numbers From 2018 That Are Almost Too Crazy To Believe
Was 2018 everything that you expected it to be?