A new survey finds that more than forty percent of Americans think they will not be able to retire until their 70s or 80s. Many Americans do not save sufficiently for retirement and rely too heavily on Social Security, which is intended as a supplement to retirement, not a sole means of income. Many factors […]
7 ways the government is killing small business in America
I wrote recently about how self-employment and small business have been in decline in America since the economic crisis starting in 2007, and how backwards economic policies of the government were only making things worse. The Economic Collapse Blog has a new article about the decline of small business and the self-employed in America. They […]
9 new Obamacare tax hikes that will cripple the U.S. economy
Much of Obamacare has already been implemented but there are nine new taxes that have not yet gone into effect. Americans for Tax Reform is out with a report on all the Obamacare taxes that start going into effect in tax year 2013 and beyond. These new taxes will help to destroy small businesses and […]
Why the price of gold won’t collapse
CNBC has come out with an article about why it is unlikely for gold to fall further in price. There are three principle reasons for this bullish outlook, according to the author: Slowdown in exchange-traded fund (ETF) liquidation Gold rush in China and India from strong retail demand Increased buying by central banks I would […]
How the economic collapse is creating more unemployment for college grads
If the unemployment problem wasn’t bad enough in America, now even college graduates are facing a tougher time finding jobs in the increasingly weak economy. CNBC reports: It’s not only a bleaker job outlook 2013 graduates face. According to the Economic Policy Institute, the class of 2013 will likely earn less over the next 10-15 […]