Is the stock market about to crash? Hopefully not, and there definitely have been quite a few “false alarms” over the past few years. But without a doubt we have been living through one of the greatest financial bubbles in U.S. history, and the markets are absolutely primed for a full-blown crash. That doesn’t mean that one will happen now, but we are starting to see some ominous things happen in the financial world that we have not seen happen in a very long time.
A new report says the world’s wealthiest 1% of people now own almost half of the planet’s riches. That’s a rise of almost ten percentage points from last year, indicating that global inequality is widening at an alarming rate. RT’s Marina Kosareva has more.
Does asking for money stress you out? Marie Forleo answers the question: what can you do you are uncomfortable asking other people to pay for your services? If you choke when it’s time to charge, this video will have you getting paid like a pro. Discover how to ask for money comfortably and gracefully, in 3 easy steps.
On any given night, there are over 600,000 homeless people in the US according to the US Department of Housing and Urban Development (HUD). Most people are either spending the night in homeless shelters or in some sort of short term transitional housing. Slightly more than a third are living in cars, under bridges or in some other way living unsheltered.
It was recently reported that Americans greatly underestimate the degree of inequality in our country. If we were given proper media coverage of the endless takeaway of our country’s wealth by the super-rich, we would be infuriated. And we would be taking it personally.
In the US, a college education is so insanely unaffordable that only the wealthiest students from the wealthiest of families, or the ones fortunate to have been granted full scholarship, can afford to go to the school without racking up tens of thousands of dollars in debt.
For the second year in a row, America’s richest 14 individuals made more from their annual investments than the $80 billion provided for people in need of food. Nearly half of the food-deprived are children. Perversely, the food stamp program was CUT because of a lack of federal funding.
Global income inequality has returned to levels recorded in the 1820s—when the Industrial Revolution produced sizable wealth gaps between the rich and poor—according to a new report released Thursday by the Organization for Economic Cooperation and Development (OECD).
Water is not only vital to the existence of life on planet Earth, but in its purest form, it is a giver of good health. Scientists think they have now identified the original source of water, and it is older than the sun – likely coming from interstellar ice, elsewhere in the Universe. Since this life-giving substance is more than 4.6 billion years old, how is that we have destroyed so much of the water on this planet in the past 50 years? Everyone should learn of ways to save water!
Hundreds of protesters crammed the streets of Lower Manhattan, clashing with the NYPD as they attempted to march down Wall Street. Kmele Foster, co-host of Fox Business’ The Independents, met up with Pulitzer-Prize winning author Chris Hedges for a heated debate on the merits of capitalism.
The Fed and its agents rig the gold price in the New York Comex futures (paper gold) market. The bullion banks have the ability to print an unlimited supply of gold contracts which are sold in large volumes at times when Comex activity is light.
The poverty rate for children fell nearly 2 full percentage points last year, according to the US Census Bureau.
The poorest Americans now owe 156% of their pretax income to creditors, according to a new study by the Federal Reserve Bank. The poorest have more debt relative to their net worth in American history, owing $1.37 for every dollar they own.
The study, titled An Economy Doing Half its Job, said American companies – particularly big ones – were showing some signs of recovering their competitive edge on the world stage since the financial crisis, but that workers would likely keep struggling to demand better pay and benefits.