Instead of families paying for their children’s education, they force the children to borrow the money from the government. Then, paying it back, the money is recycled to old people — through Social Security, Medicare, and so forth. How long will they put up with it?
US stocks are a better place to put your money than gold, according to Warren Buffett. But gold prices are only going up, and gold is a far less risky investment than US stocks.
The consequences of Europe's economic downturn are being acutely felt by young adults in terms of high unemployment and crippling debt.
Greece's debt issues are unavoidable, even with the intervention of foreign governments.
When the Great Depression hit, many Americans were able to live off the land and wait it out. In today's sour economy, that's less of an option.
The financial moves of the Argentinian government over the past decade have set the pace for the rest of the world.
The Labor Department routinely adjust jobs upward in winter, to make up for bad weather. So when there isn’t any bad weather in January, the job numbers go up automatically.
Japan couldn't trick its way out of an economic meltdown, and neither can the US.
Contemporary education is a dead end. Huge amounts of money — public, private, charitable, debt, savings, earnings — are invested. The output is small, dubious and perhaps even negative.
We’ve just had one of our best months in stock market history. Many investors are convinced that it is the beginning of something big. But is the economy really recovering enough for investing to make sense?
Gold prices are heading up again, but why is everything but gold prices going down?
World banks are trying to solve the financial crisis the same way they caused it — by creating more debt.
South Africa and Australia are booming, but the gap between rich and poor is vast.
‘Demand fear’ is the worry that there aren’t enough people who want things and have the money to pay for them. But why not be satisfied with the demand as it is?
Unemployment is going down. Consumer debt is going up. Even the housing market is showing signs of improvement. But the US economy is far from recovery mode.
While the private sector is de-leveraging, the public sector is borrowing and spending more than ever.
Newt Gingrich has suggested a flat tax rate of 15 percent, which he now proposes to call the “Romney Tax.” But Newt Gingrich's proposal won't happen because a complex tax code provides cover in which to hide special favors and privileges for the rich.
Global financial news has been good ever since the Fed decided to print more money. But consumers still aren't spending, and the new employment figures are hardly signs of real recovery
How is it possible that the most dynamic, best capitalized, most high-tech economy in world history could not add a single dollar to the real wealth of the average working man over a 40 year period?
US debt is becoming less valuable as Americans grow poorer and poorer