How the Elite Took Over

By Harry Dent I call it “killing the golden goose.” David Stockman, a speaker at this year’s Irrational Economic Summit, calls it “the corruption of capitalism.” Andrew O’Hehir, a contributor for Salon, recently interviewed Yanis Varoufakis about the story behind Greece’s …

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So… What Will the Fed Do Next?

By Lance Gaitan All signs pointed to a quarter-point rate hike coming from the Federal Reserve’s monetary policy arm, the Federal Open Market Committee (FOMC). That’s exactly what we got after its two-day meeting ended yesterday. The rate hike applies to …

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Retirement Is Dead in This Economy

BY PATRICK WATSON The US economy is growing but corporate profits are not, according to data released last week. That’s disappointing for stockholders. On the other hand, we just saw a string of years when profits outpaced economic growth by a …

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