Federal government closing in on miniature, off-the-grid homes: Could they soon be illegal?
More and more the “land of the free” is becoming less so, as Americans of today enjoy far fewer freedoms and less liberty than our parents and grandparents did. Everywhere liberty and freedom are under assault – by local and state governments, but also by the federal government, whose out-of-control bureaucracies have taken on a Read More
Get ready for a bigger financial meltdown, says Doug Casey
Economic expert Doug Casey warns of a looming financial meltdown bigger and longer than before by the end of the year. As quoted by USA Watchdog, Casey asserts that “All these central bankers are doing the same stupid things. . . . The American central bank, the Europeans, Japanese and the Chinese have all printed trillions of new currency Read More
China’s grand Ponzi scheme could lead to the country’s financial collapse
More borrowers in China are taking on huge amounts of debt just to repay interest on other existing obligations, thus raising the risk of defaults and adding pressure on policymakers to keep financing costs low.[1] Dubbed “Ponzi finance” by the late US economist Hyman Minsky, using borrowed funds to repay interest is deemed to be an Read More
Top UK accounting firm: No degree required for employment
One of England’s most renowned accounting firms and one of the largest recruiters of college graduates, Ernest & Young, has announced it will be removing their policy of requiring a 2:1 and the equivalent of three B grades at A-level in order to open opportunities for talented individuals, regardless of their background. This move is one Read More
Illinois commits fraud on taxpayers by withholding lottery payouts
Winning the lottery is like hitting the jackpot; all of your worries quickly dissipate as you await a big, fat paycheck. However, if you live in Illinois, the paper you’d receive may not be the kind you would expect. While Illinois’ financial troubles are no secret, the state hit an all-time low when they refused Read More
Nearly 100 million unemployed – what does this symptom say about the health of the U.S. economy?
The Atlanta Federal Reserve has an interesting explanation for why America has reached a 40-year record-low rate for domestic labor participation, with 94.6 million people currently unemployed. In their own words, they pointedly remarked, “Generally speaking, people in the 25–54 age group are the most likely to participate in the labor market. These so-called prime-age Read More
Game of Loans: Interest is coming; 2/3 of U.S. graduates say college is a ripoff
In a recent poll, two-thirds of recent U.S. college graduates said they would consider higher education in the United States to be a ripoff. In the “Game of Loans” also know as the student debt bubble, a balloon of trillions of dollars, directly backed by the American taxpayer, is at serious risk of never being Read More