Millions of Americans are seeing red. This is the time of the year when many open up their credit card bills (or click on their e-bills) and see how much money they blew over the holiday season. Money they couldn’t afford to blow on alcohol, gadgets and travel. At the end of 2015, consumers finished […]
Archives for January 2016
Hillary Clinton to impose 4% ‘surcharge’ on wealthy Americans
Hillary Clinton is at it again. Clinton, who is likely the president-in-waiting, is looking to convince ignorant voters that she’s one of them and understands their hatred for the wealthy, even though she’s a rich person, too. On Monday, the 2016 Democratic presidential candidate will outline a four percent “surcharge” income tax on Americans earning […]
What’s up with the Libertarian Party?
The Libertarian Party is an interesting political entity. It maintains the most rudimentary positions on freedom, liberty and economics, though it could always do a better job. It has also seen its popularity gradually rise (and drop) since its foundation – 2012 was the first year the party was able to crack one million votes. […]
Video: Jim Rogers is bullish on China, Russia
Most investors are veering away from China and Russia, the former because of a bursting bubble and the latter because of plummeting oil prices. We’ve seen just how much China can affect global markets because it’s the second-largest economy in the world, and many are hesitant to touch the country right now. Jim Rogers, Chairman […]
European Retirement Crisis: Chart looks at senior dependency ratios
If you thought Social Security in the United States was in crisis mode then you should take a look over in Europe. According to a chart posted by Economic Policy Journal, the projected old-age dependency ratio (number of citizens over 65 as a percentage of citizens between 16 and 64) is becoming a major problem […]