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From Birch Gold Group There have been numerous signs that the U.S. is likely to go through another major recession at some point. And regardless of when or if a recession happens, it … Read more
As of the end of 2018, net worth as a share of the U.S. total had shrunk considerably for the upper middle class. In one generation, U.S. wealth held by … Read more
by WARREN MOSLER Trump may allow $125B in cuts if Congress doesn’t act (The Hill) President Trump has indicated that he would allow $125 billion in spending cuts to take place … Read more
Philanthropy cannot be used as an excuse to glorify absurd levels of wealth inequality AC
via nypost: Last year, socialite Jean Shafiroff was in the market for a new car. “I always thought it would be fun to have a pink convertible,” she said. “But my … Read more
via abc.net.au: If you felt a bit poorer at the end of last year, you’re not alone — Australian households dropped a lazy quarter of a trillion dollars in wealth in … Read more
via usatoday: Who would object to the government shifting money from the wealthy to the less fortunate? Except that’s not what happens: Few funds really go to them What is … Read more
Rich Dad Radio Show, Released on 3/27/19 Public pensions are often compared to the real estate bubble and student loan crisis. Robert talks to Ted Siedle, a pension investigator, who … Read more
by Ian Shilling Neoliberalism is Corporatism. Neoliberal Globalism is Corporatism on a Global Scale. Corporatism is the Merger of Corporate and State Power, and the transfer of all wealth and … Read more
So how do we stop the 1%, .01% and the .00025 with a tool that is actually effective? Obviously the ‘Occupy Movement’ was a failure for many reasons with the … Read more
Originally posted at ExecSpec.net Corporate balance sheets are in excellent shape, but equally impressive is the net worth of the American household that grows virtually every single quarter year over year. … Read more
By Irina Slav Norway’s sovereign wealth fund will exit all investments in oil and gas production acting on a government recommendation in line with a more cautious approach to energy investments by … Read more
via global-macro-monitor: Great and super fascinating interview with investing legend, Jeremy Grantham, one of the best bubble spotters out there. “I arrived in 1964, and America was a fairly equal place … Read more
by Charles Hugh-Smith The Fed is the mortal enemy of the young generations, and thus of the nation itself. “The wealth effect” generated by rising stock and housing prices has … Read more
by Jesse Colombo As seen on Forbes by RealInvestmentAdvice.com’s Jesse Colombo: “America’s Wealth Inequality Is At Roaring Twenties Levels.” With the 2020 presidential race kicking off and the election of … Read more
Source: Pexels.com Pixabay free for personal and commercial use Money. It makes the world go around. We all want it. We all need it. It is a medium of exchange … Read more