More than 3,500 stores are expected to close. Some stores, like Bebe and The Limited, are closing all of their locations to focus more on online sales. Other larger chains, like JC Penney, are “aggressively paring down their store counts to unload unprofitable locations and try to staunch losses,” Business Insider notes. Sears and K-Mart are following a similar trajectory moving forward.
Do you know your leadership style? Find out now…
The bottom line is that poor Americans pay about 25 percent in total taxes, while the 1% pays anywhere from 18 to 23 percent. Surprisingly, the middle 40% receives more government assistance than the bottom 50%, with a benefit equivalent to 23 percent of national income. More surprisingly, the richest 10% as a group receives almost as much government assistance as the poorest 50%.
Want to make your money go way further? Check out these smart tips for saving money every day.
We are living during the greatest debt bubble in the history of the world, and our financial engineers have got to keep figuring out ways to keep it growing much faster than global GDP because if it ever stops growing it will burst and destroy the entire global financial system.
Heart-wrenching and enlightening video with Alan Watts, Carl Sagan and Jacque Fresco on why we have poverty in the world and what we (collectively) can do about it.
We love tiny houses, and this one has something smart we haven’t seen before – indoor hammocks. Check it out!
Arizona’s HB 2014 is a very important and timely piece of legislation. The Federal Reserve’s failure to reignite the economy with record-low interest rates since the last crash is a sign that we may soon see the dollar’s collapse. It is therefore imperative that the law protect people’s right to use alternatives to what may soon be virtually worthless Federal Reserve notes. Passage of HB 2014 would also send a message to Congress and the Trump administration that the anti-Fed movement is growing in influence.
Whereas most houses take months to construct, this home was built in just one day. And, it cost an affordable $10,134 to build. The economical home includes a hallway, bathroom, living room and kitchen.
The most hated sort [of moneymaking], and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural use of it. For money was intended to be used in exchange, but not to increase at interest. And this term usury which means the birth of money from money is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of making money, this is the most unnatural. – Aristotle
A good credit score can benefit you in all sorts of ways. Read this and improve yours.
Like tiny houses? This little Japanese model may be one of the smallest ones you’ve ever seen – and it comes with so much. Watch the video now!
Ron Paul has argued for years that returning to the gold standard as well as auditing and limiting the power of the Federal Reserve are essential if the United States is to improve its economic situation. Perhaps the most shocking part of Greenspan’s recent interview was his implicit admission that Paul has been right all along…