via confoundedinterest: Perhaps Venezuelan President Nicolas Maduro wanted to go down in history as having the WORST hyperinflation in history. If that was his goal, he is doing quite well! (Reuters) – Venezuela’s inflation rate is likely to top 1,000,000 percent …
https://www.youtube.com/watch?v=e0yOD40BKu0 Sadly, the majority of the population live from paycheck to paycheck and has no option, no matter how much economic advise you give. JN
Background: Walletwyse just re-launched the mortgage & car calculators, emphasizing the role of monthly operational costs in total cost of ownership. This got me thinking about relative cost of items (like internet utilities) that don’t take up a huge chunk of …
https://www.youtube.com/watch?v=6Osx3C_32Xs In Virginia, the Department of Agriculture found that there was a loss of nearly 60 percent of honeybees over the 2017-2018 winter season. “The winter losses were 59.5 percent,” said Keith Tignor, State Apiarist. This is the highest rate …
via CNBC: Housing and medical items top the list of fastest-growing expenses for retirees. Older Americans experienced a 4 percent loss in Social Security buying power from January 2017 to January 2018. For 2019, benefits are expected to increase by …
Our tax dollars are propping up huge dictatorships and undemocratic process. But our leaders say we’re for ‘preserving and expanding democray’. via globalresearch.ca: A. “Foreign Military Training in Fiscal Years 2015 and 2016 Volume I and Volume II (Country Training Activities),” …
by Michael Snyder Every time the mainstream media touts some “wonderful new economic numbers” I just want to cringe. Yes, it is true that the economic numbers have gotten slightly better since Donald Trump entered the White House, but the rosy …
The rising wages also give employees a greater share of the productivity gains achieved by adding many robots to Amazon’s warehouses. The rising wages for warehouse workers is a financial problem for Jeff Bezos, whose Amazon retail empire employs a reported workforce of …
Landmark new research that involves analyzing millions of DNA barcodes has debunked much about what we know today about the evolution of species. In a massive genetic study, senior research associate at the Program for the Human Environment at Rockefeller …
via @chengevelyn “I think a 30 percent correction in the [U.S.] markets is not unforeseen,” Mark Mobius, co-founder of Mobius Capital Partners, said on CNBC’s “Power Lunch.” “I think this is quite possible. I’m not predicting it tomorrow or next week, but …
https://www.youtube.com/watch?v=ulIzyWZSFrI
.@Cisco Chairman & CEO Chuck Robbins on repatriation: “It was 100 percent the tax reform impact that enabled us to bring back $67 billion, which we’ve completed.” .@Cisco Chairman & CEO Chuck Robbins on repatriation: "It was 100 percent the …
via PJmedia: With one thing and another, I hadn’t been to the doctor recently — looking for that affordable health insurance I’d been promised, working irregularly as a freelance, that sort of thing — and I’d particularly been putting it …
by Chris Black You know that saying, the future’s not what it used to be? Well, the same goes for progress. After all, no one said getting full multicultural and progressive would be a walk in the park. To get …
Rainer Michael Preiss, executive director at Taurus Wealth Advisors, predicts that Wall Street could potentially see a 30 to 40 via Saheli Roy Choudhury Interest-rate volatility could be a real stinger for U.S. stocks, and investors may be ill-prepared to handle …
by Jim Quinn Trump promised to stop the flood of illegal immigrants and they are up 200% versus one year ago. Trump promised to turn our trade deficit around and bring manufacturing jobs back. The trade deficit hit a ten …
by The-Truth-Fairy More than three-quarters of those polled — 77 percent — said that TV news networks and newspapers were involved in “fake news.” Thirty-one percent said fake news is being reported “regularly,” while 46 percent believe it is only …
https://www.youtube.com/watch?v=Venu8IFvID0 Recipe for disaster: if the Bitcoin Ponzi scheme bubble burst, they are going to be even more indebted. JN
Full details of the poll (pdf) h/t Lasius
In a March 12 press release SAF founder and Executive Vice President Alan Gottlieb welcomed the influx of younger members and donors. He observed, “It’s important to note, that this interest surge has been organic on the Internet. SAF did …
By Michael SnyderIf the U.S. economy is in good shape, then why has economic growth been so anemic for more than a decade? It has been 12 long years since the economy grew by at least 3 percent, and for …
If you missed your favorite immigrant mass shooting, please note that I excluded Jamaican immigrant Colin Ferguson (Long Island Railroad massacre in 1993); Nigerian immigrant Peter Odighizuwa (Appalachian School of Law shooting in 2002); Haitian illegal immigrant Kesler Dufrene (North …
by Spencer P Morrison, NEE Applying the Pareto Principle to the Immigration Debate Have you ever noticed that most of the people you work with are useless? Sure they seem busy, but most of them get precious little done. In fact, some …
via Bill McBride Last year on Presidents’ Day, I excerpted from a post I wrote in February 2005 (yes, 13 years ago). In that 2005 post, I included a graph of household mortgage debt as a percent of GDP. Several readers …
By Michael Snyder How long can our debt levels keep growing much, much faster than the overall economy? We haven’t had a year of 3 percent growth for the U.S. economy since the middle of the Bush administration, but we …
by NEE Obamacare Premiums Rise by as Much as 35 Percent in Washington DC Obamacare health insurance premiums are skyrocketing in Washington DC by nearly 36 percent, according to a report from the Daily Caller. Those enrolled in the Obamacare “bronze” …
by John Whitaker, NEE African Americans are the Racial Group Most Opposed to Immigration A new Harvard-Harris poll shows that 85 percent of black Americans want a reduction in immigration levels to 1 million or lower. Also interesting: more Americans favored zero immigration, than wanted …
by NEE Average Obamacare Family Plan Costs $17,000 Yearly A recent poll commissioned by the Job Creators Network found that 76.5 percent of American small business owners are concerned over the rising cost of healthcare under the Affordable Care Act, also known as …
by NEE New Survey Reveals that 63.8 Percent of Small Business Owners Think Trump’s Policies Have Helped Their Business A new poll from the Job Creators Network shows that the majority (63.8 percent) of American small business owners believe that President Trump’s …
via Jumore At the beginning of a new year, Australia released its forecast on iron ore prices this year, which is expected to average $51.50 a ton, down 20 percent from 2017, due to climbing global supply and eased demand from the …