Was there ever a time when so few people controlled so much wealth?
London Guardian | Two things are clear: radical new ways of getting rich have been invented, and things have probably never been this unequal since before the second world war.
Tag: Money Watch
Who Can Afford The American Dream? “Rental Rates Have Reached Apocalyptic Levels”
Mac Slavo | Skyrocketing costs and shrinking opportunity are meeting head on with full on economic disaster.
IMF and World Bank move to forestall oil-led defaults
FT | A possible $4bn emergency loan package.
Guy With USELESS Degree From $62,965-A-Year College Is REALLY SAD About His Student Loans, You Guys
Daily Caller | “My siblings and I had the privilege of expecting we would attend private colleges.”
Fed In A Box – No Tools Left
Lew Rockwell Blog | The Federal Reserve Board meets today to decide their next brilliant move to save the US economy.
$8,314,529,850,339.07: Debt Up $70,612.91 Per Household in Obama’s First 7 Years
CNS News | The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama’s first seven years in office.
China warns Soros against ‘declaring war’ on its currency
Market Watch | Soros is a man intimately familiar with currency crises.
How Do You Know When Your Society Is In The Midst Of Collapse?
Brandon Smith | What is collapse? How do we define it?
The Luxury Housing Bubble Pops – Overseas Investors Struggle to Sell Overpriced Mansions
Michael Krieger | It appears the music may have finally stopped for one of the world’s largest luxury real estate bubbles: London.
French taxi drivers shut down Paris as protests over Uber turn violent
Business Insider | French taxi unions are staging a nationwide protest against Uber and the French government in Paris, according to local media and posts on social media.
Flooding Damage From Jonas Will Cost Billions And Is Being Described As ‘Worse Than Hurricane Sandy’
Michael Snyder | The economic damage done by winter storm Jonas looks like it is going to be much higher than many had originally anticipated.
Oil is crashing again
Business Insider | After a rally Friday, oil is tanking again Monday morning.
Will the Fed’s Manipulations Lead to a Sound Money Revolution?
New American | The super-secret corporation’s control over the country’s supply of currency will continue without oversight.
Banking Cartel: JPMorgan CEO gets 35% pay raise to $27M amid cutbacks
USA Today | Dimon paid $1.5 million salary, then over $25 million in bonuses and grants.
Crashing oil prices hit former Texas boomtowns
USA Today | “It’s just like a ghost town again,” bar owner says.