The additional sets of problems added as “solutions” only guarantee that the third and final crash of asset bubbles just ahead will be far more devastating than the crashes of 2000 and 2009. The conventional view tacitly assumes the global economy is dealing with one problem: recovering from the Global Financial Meltdown of…
Cheapest Place Today Worldwide to Buy Gold Coins Jim Rogers: It’s Going To Get Really “Bad After The Next Election” By Terry Weiss, Money MorningIn a riveting interview on CNBC, legendary investor Jim Rogers warns Americans to prepare for “Financial Armageddon,” saying he fully expects the economy to implode after the U.S. election….
FROM Seattle to Sydney, protesters have taken to the streets. Whether they are inspired by the Occupy Wall Street movement in New York or by the indignados in Madrid, they burn with dissatisfaction about the state of the economy, about the unfair way that the poor are paying for the sins of rich bankers,…
Left behind in America: Who’s to blame for the wealth divide? Take a moment and think about how you feel wealth should, ideally, be spread among the American people. If you’re like the average respondent in a 2010 Harvard Business School/Duke University study, your response was this: The richest top 20…
The super-rich lost a great deal in 2009, with hundreds of unfortunates losing their billionaire status. A Swiss private banker talks about the ugly consequences of the crisis for his elite clientele and the discreet services he is sometimes asked to perform, such as buying secret apartments for clients’ mistresses. When he speaks, Heinrich Weber…