Category Archives: Finance

What Happened to America’s Middle-class?

Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases.   A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]

Community Rallies Behind Teen’s Hot Dog Stand for School Clothes

Minneapolis Officials Help Teen Get Permits for Hot Dog Stand How many times have we read about a story in which children tried to experiment with a lemon aid or hot dog stand that was closed down quickly and emotionlessly by cranky neighbors and overzealous city authorities? Sadly, it seems to happen a lot, making […]

Are We Rats in a Cage?

  Chris Martenson, Co-Founder of Peak Prosperity and author of “The Crash Course” provides us a science-based explanation for the apparent escalation in extremism and aggression around the globe, even in the US where we have always assumed that different ideas should not only be accepted but also celebrated as part of our diverse heritage […]

Negative Debt Pile Swells By $1 Trillion as Trade Clouds Gather

Bond investors are looking pretty pessimistic on growth. As the U.S. and China move closer to a trade war and the European Central Bank prolongs stimulative rates, traders are piling into the safety of government debt and enlarging the stock of bonds with below-zero yields. In just six days through — Read on finance.yahoo.com/news/negative-debt-pile-swells-1-121743703.html

Dalio: Odds increasing for wars

Ray Dalio, Bridgewater Associates founder, recently posted that he is becoming more pessimistic about economic relations between the U.S. and China. Dalio wrote that current geopolitical developments cause him to believe that the probability of trade and other types of wars has increased substantially.   Source: Dalio: Odds increasing for trade wars and ‘possibly even shooting […]

Bitcoin Or the U.S. Dollar: Will the Real Bubble Please Stand?

  Over the past year, much of the growing buzz in finance circles concerning the explosive growth of cryptocurrencies, Bitcoin in particular, has focused on the question of whether they are fairly-priced, revolutionary digital assets or simply newfangled speculative bubbles. Recently, many are asking if the bubble-like characteristics of cryptocurrencies result less from speculative manipulation […]

It’s Looking A Lot Like 2008 Now… | Peak Prosperity

Take a look at the above chart and marvel at what ten years of unprecedented money printing can do for an asset market like the S&P 500. The current exponential curve from 2008 makes the previous two market peaks look like molehills next to a mountain. Chris Martenson, founder of Peak Prosperity, takes us back […]

Wealthy Elite Beg Republicans For Higher Taxes?

Since when do people complain about not paying enough taxes? Since a group of about 400 wealthy corporate executives and professionals found solidarity in concluding that wealth inequality in the country has been stretched to the limits and that any further advantages bestowed upon them through Trump’s Tax plan would only exacerbate the problem. Instead, […]

65 Best Tiny Houses 2017 – Small House Pictures & Plans

Check out these tiny, inexpensive, energy-efficient homes you can retire comfortably in. With stock prices at all time highs, maybe it’s time to take a little money off the table and invest in a roof over your head. Source: 65 Best Tiny Houses 2017 – Small House Pictures & Plans

From Waitress to $2.8 Million Retail Brand

Cheekys founder, Jessica Roberts, started out as waitress and ended up with a $2.8 million fashion brand for country gals. Source: How This Former Outback Steakhouse Waitress Built a $2.8 Million Retail Brand | Inc.com