The concept of retirement may be extinct for most millennials today. However, it could still become reality for many others who happen to be fiscally prudent and financially wise. If you still wish to sit on a boat and fish, travel the Sahara Desert and sleep in until noon, then here are nine financial habits […]
Archives for March 2015
CEO Jim McCaughan: U.S. recession is ‘probably 3 years away’
Only a handful of financial minds have forecasted a recession in the United States, including Peter Schiff, Marc Faber and Jim Rogers – some even say the U.S. is actually still in a recession. According to Jim McCaughan, Principal Global Investors CEO, a recession is “probably three years away.” Although he believes the February jobs […]
Sigh: Treasury Secretary Jack Lew warns debt limit needs to be raised soon
Here we go again… Déjà vu… The sequel… Whenever Treasury Secretary Jack Lew talks about the United States debt limit and how it needs to be raised as soon as possible (once again) it’s as if we’ve already seen this motion picture. Writing in a letter sent to House Speaker John Boehner and other House […]
Week in Review: Mar. 1 to Mar. 8
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Rick Perry slams unemployment rate, calls it a ‘sham’ (hot) Scary: Americans want Karl Marx as next U.S. president (video) Amazing chart shows massive debt levels worldwide (hot) […]
Mark Cuban: Today’s tech bubble will be worse than 2000’s tech bubble
With the Nasdaq reaching 5,000 for the first time in 15 years this past week, many are comparing the markets of today to the one in 2000, and some are concerned that this tech bubble will be far worse than the notorious dot-com crash (SEE: Nasdaq soars past 5,000 for first time since dot-com bubble – a bubble burst near?). One of these people forecasting doom and gloom is […]