Marc Faber, the editor and publisher of The Gloom, Boom & Doom Report, spoke with the Business News Network (BNN) this week and made a blunt statement: Greece is a lost cause and either the European Union should kick Greece out or Greece should simply leave. Considering that the Greeks don’t want to be in […]
Archives for February 2015
Report: Want to earn money from your car? Here are 3 simple tips
Owning and maintaining a vehicle has become very expensive for the average person: insurance, maintenance, gas prices, taxes and so on. Is there any way to remedy this financial problem? A new report from Daily Finance’s Kyle Taylor highlights three simple ways to make money from your car, even if its value diminishes 20 percent […]
Peter Schiff warns U.S. economy in a bubble being inflated by Federal Reserve
The United States economy hasn’t exactly been the bastion of recovery since the financial collapse a few years ago. Millions of people are still out of work, households nationwide are in massive debt, students are on the brink of a personal collapse and the only people and organizations benefitting in today’s economy are those who […]
Goldman Sachs CEO Lloyd Blankfein: ‘U.S. is not pure capitalism’
The United States today “is not pure capitalism,” says Lloyd Blankfein, the CEO of Goldman Sachs. In fact, according to Blankfein, there is no place in the world today for “pure capitalism” because we live in a “regulated system,” or a mixed economy, something that philosopher and author Ayn Rand warned about throughout her entire […]
Good News: Your chances of being audited by IRS lowest in years
Do you want some good news in the middle of Hump Day? Well, your chances of being audited by the Internal Revenue Service (IRS) will be the lowest in years amid budget cuts and a fewer number of auditors available to make your life a living hell for a few months. IRS Commissioner John Koskinen […]