Some may say that Stefan Karlsson's assertion that an increasing British trade deficit is a sign of an overvalued pound, arguing instead that it reflects the euro area debt crisis. But Karlsson still maintains that there are other issues at play.
The fiscal gap facing the next generation of taxpayers is going to be huge. The solution include taxes, but what many young Americans don't realize is that soon they may be shouldering the majority of the country's debt, alone.
While all indicators have made notable increases as of late, as indicated by the latest Housing Market Index numbers, conditions still remain distressed by historic standards, even as the industry starts to again see signs of life.
Europe’s austerity policies nor America’s growth policies have worked. In Europe, governments collectively spent 44.8% of GDP in 2000. Today it is 49.2%. That’s not austerity, that’s stimulus, according to Bill Bonner.
Dry cleaning is expensive, and it's going to get worse. Here's how to avoid a hefty bill.
You don't need to spend hundreds of dollars to enjoy the wealth of free e-book downloads available online.
Your thermostat should be set higher in the summer than it is in the winter. This reduce the workload on your air conditioner or furnace and prevents you from running up the energy bill.
Doing your own home improvement projects can save you money, but a botched repair can end up costing more. Here's how to know when to go it alone and when to call for backup.
How can we get the next generation driving clean, green electric cars? Toyota thinks it has come up with a creative solution of its own, rolling out a new three-seat electric concept car that the kiddos can drive.
If you have a forced air heating and/or cooling system like many people do, it might be worth your while to pull the cover off of a few of the vents and peer inside. If you’re unlucky, you’ll see giant clumps of dust in there. Remove those bunnies immediately.
Larry Kudlow has been pounding the table for a stronger US dollar as the way to beat the recession. But now that the dollar has bottomed out, why isn't the recovery sticking? Lowering taxes might be a good place to start.
Bonds from Britain are still considered smart investments, since the country is a "safe haven," despite the fact that Britain a both large debt and deficit, as well as a central bank that relentlessly tries to lower the value of its currency.
Americans' wealth has shrunk so much that, in 2010, median family net worth was no more than it had been in 1992 after adjusting. According to the Fed's report, two decades of accumulated prosperity had vanished, mainly due to falling home prices.