American corporations are often bashed for taking part in a practice called tax inversion, which is meant to lower their overall taxes. This is something that Donald Trump and Democrats have regularly lambasted corporations for doing. Will it end? A lot of politicians are trying their best to ban it from occurring. But the main […]
Archives for November 2016
Negative interest rates could trigger bank runs: economist
If retail clients were to receive negative interest rates, would there be massive bank runs? That’s what one bank economist thinks would happen. Speaking at a media conference in Zurich on Tuesday, UBS’s chief economist for Switzerland Daniel Kalt warned that Swiss banks would experience mass withdrawals by deposits if they were given subzero rates. […]
A look at the surge in U.S. consumer spending, debt on Black Friday
Black Friday is upon us, a time when millions of Americans take time away from their families in order to beat up other families for discounted television sets, video game consoles and pairs of white socks. It is also the time when many consumers in the United States ramp up their spending habits and take […]
Mark Dice takes a look at safe spaces with millennials (video)
Mark Dice, YouTube political and media commentator, spoke with millennials about the idea of safe spaces and what the heck they are. As you are likely aware, safe spaces have been seeping into universities and colleges across the United States and Canada. Something has happened in the last three to five years, and it isn’t […]
4 states vote to punish low-skilled workers with minimum wage hikes
By: Ryan McMaken Last week, a majority of voters in four states approved new mandated increases to the statewide minimum wage. For those workers whose productivity remains above the newly mandated wages, they will likely keep their jobs and see no change. However, for teenagers, the poorly educated, and others with few skills, the new higher […]