Finance
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As the United States is still slowly recovering from the Great Recession, more Americans must rely on our nation’s safety net programs for their survival. As reported by Scholars Strategy Network, about one in four Americans live below or just above the federal poverty line. The slow recovery and soaring unemployment level have not only pushed […]
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The United States, after eight years of George W. Bush and eight more under Barack Obama, is now sitting at $20 trillion in debt, an amount that is more than 104 percent of our country’s annual gross domestic product. That means if we dedicated every single penny to paying that debt off — which of […]
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Let’s face it: The world is a scary place to be living in right now. Many countries are dealing with serious political instability and the threat of terrorism; economic turmoil is pervasive worldwide; Dr. Margaret Chan, director general of the World Health Organization, has warned that antibiotic-resistance might “mean the end of modern medicine as […]
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If you’re a working employee contributing to a pension fund for your future retirement, your contributions could be getting spent on payouts to current retirees rather than invested as they should be for your eventual use. That’s because pension funds tend to function more like Ponzi schemes than actual retirement programs, benefiting those who contribute […]
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A report by investment advisory firm Cornerstone Capital Group revealed that nearly half of all retail workers in the U.S. face job insecurity as use of automation technology continues to rise across the country. According to the report, around 16 million people in the U.S. work in the retail industry. This equates to about one […]
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While economic growth in the U.S. remains stagnant, one sector has been performing remarkably well: Technology. Big tech stocks like Apple and Amazon have noted incredible gains, prompting one popular strategist to take a cue from the Occupy Wall Street movement and create a report called “Occupy Silicon Valley.” According to Bank of America Merrill […]
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While the mainstream media tries to paint a positive picture of economic recovery taking place in our country right now, there are some disturbing signs that a 2008-like economic meltdown is on the horizon. The U.S. GDP grew at its worst rate in three years during 2017’s first quarter, with a seasonally adjusted annual rate […]
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Most folks understand what it feels like to be in debt and how difficult it can be to get untangled from it, especially if someone loses their source of income. Debt comes from all sorts of places — mortgages, car payments, school loans, medical expenses, credit cards, capital investments, farm equipment, travel or maybe just putting food on the […]
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No doubt back in the time when Noah built his ark and gathered up animals ahead of God’s promised flood, more than a few people thought he was just a little off his rocker. Then it rained for 40 days and 40 nights. Whether or not you believe that account from the Christian Bible’s Book […]
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Almost everyone would like to retire early, but many of us realize it’s nothing more than a dream. The millennial generation, however, appears to be under the impression that they will be lucky enough to stop working before their 60th birthdays, despite nearly all the signs pointing in the opposite direction. A new report from […]
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A report by Standard & Poor revealed that some 60 percent of countries around the world will be bankrupt within 50 years. According to the report, entitled Global Aging 2010: An Irreversible Truth, these countries will be in such great debt by 2060 that their debts will eventually be downgraded to “junk status.” Countries with a junk […]
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President Trump came in for much jeering when he told reporters he had “inherited a mess” from President Barack Obama. On the economy, though, Obama did indeed leave behind a hidden mess: a seemingly healthy jobs market dependent on cheap debt. (Article by Nicole Gelinas republished from NYPost.com) When this debt bubble bursts, just as […]
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French Presidential candidate Emmanuel Macron was accused recently of tax evasion. Macron denied the allegations. Now, new documents prove he lied about – almost – everything. (Article by Carter Brown, republished from TheGatewayPundit) Two days ago, an Anon on /pol/ (the 4Chan thread notorious for unmasking Antifa, among other things) uploaded proof of Macron’s tax evasion. “Document […]
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And suddenly the storms of early Trumptopia subside, or seem to. The surface of things turns eerily placid as the sweets of May sweep away the toils of an elongated mud season. Somebody stuffed Kim Jong Un back in his bunker with a carton of Kools and the Vin Diesel video library. France appears resigned […]
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There is always something awful and tragic about watching a perfectly good ship sink. It is of course, significantly more distressing if one is on board at the time! To further imagine the captain and crew themselves … those specifically in charge of your and the ship’s well-being, were entirely responsible for the sinking … is almost […]
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