Record 46.7 Million Americans Live In Poverty; Household Income Back To 1989 Levels
What recovery?
Tag: Economic Crisis
The Fallacy of “Buy Land — They’re Not Making Any More”
While they’re not “making” land, they are constantly making things that affect land price.
Bankers Will Be Jailed In The Next Financial Crisis
Lots and lots of bankers.
Is College Tuition Worth The Cost?
College tuitions skyrocketing, but where’s the jobs?
GE Says It May Move up to 500 US Jobs Overseas
Houston plant that makes gas turbines will move to Hungary and China.
More Signs Our Economy is Collapsing
Who’s responsible for it?
Five Years After the Recession, Only 21% of Small Businesses Say They’ve Recovered
“Small business owners directly feel the impact of federal regulation.”
$2,883,250,000,000: Federal Taxes Set Record Through August; $19,346 Per Worker
Feds Still Run $530B Deficit.
In This Globally Interconnected Economy, “Nobody Wins” If Fed Hikes Rates
Is the Fed insane enough to deepen the global recession?
Expatriates Choosing to Leave the U.S. Rather than Pay Taxes
“Many people have been getting caught up on their U.S. tax filings and then renouncing,” says lawyer.
Bank Caught Using Fake Gold As Reserve Capital In Russia
Citing a source, Banki.ru notes that as part of its probe, instead of gold, the “regulator found gold-plated metal.”
Oil falls on Goldman call, stocks mixed before Fed meeting
U.S. consumer sentiment lowest in a year.
Wal-Mart Wage Hike Debacle Continues As Suppliers Forced To Layoff Employees Amid New Fees
World’s largest physical retailer is attempting to make up for the cost of hiking wages by pressuring its suppliers.
Brazil reduced to junk as BRICs facade crumbles
Downgrade painful blow to nation that thought it had escaped Latin American curse of boom-bust cycles
Average U.S. Rate on 30-Year Mortgage Inches up to 3.9%
Subdued gains followed a sharp drop the previous week.