Posted on October 25, 2009 by MoneyBob
The U.S. is an empire in decline, according to Niall Ferguson, Harvard professor and author of The Ascent of Money.”People have predicted the end of America in the past and been wrong,” Ferguson concedes. “But let’s face it: If you’re trying to borrow $9 trillion to save your financial system…and already half your public debt [...]
Filed under: Interest Rates, Investing, Middle Class, MoneyBob Postings, Oil, Retirement, Stagflation, Taxes, Thoughts, US Dollar, Unemployment Rate, Work, Yahoo Finance | Tagged: Doomed, economics, Future, Middle Class, Personal Thoughts, Thoughts, United States, US, USA, Work | Leave a Comment »
Posted on August 17, 2009 by MoneyBob
This is a very good video on “Long Term Investing” by Aron Task and Henry Blodget. You should listen to it more than once to get all the important but subtle points.
more about "Good Financial Advice – Yahoo! Finance", posted with vodpod
Filed under: Aaron Task, Economy, MoneyBob Postings, Yahoo Finance, economics, mutual funds | Tagged: economics, Economy, Investing, Long Term, Middle Class, Money, mutual funds, Yahoo, Yahoo Finance | Leave a Comment »
Posted on July 11, 2009 by MoneyBob
The government is “doing as much possible to increase amount of taxes it receives,”. “It will increase revenues, any way they can – starting from all business and then the consumers. We are in a massive tax and spend environment.
more about “The Gov’s Tax Revenues are down 25% -…“, posted with vodpod
Filed under: Credit Crunch, Debt Management, Economy, Investing, Middle Class, MoneyBob Postings, Taxes, Yahoo Finance, economics | Tagged: government, Middle Class, Obama, Shared Prosperity, Taxes | Leave a Comment »
Posted on September 17, 2007 by MoneyBob
Salaries in the U.S. are the most unequal since 1928.
The median household income has been stagnant since the economic recovery began in 2001.
Adjusted for inflation, the wages of nonmanagement employees are 10% below their levels in the early 1970’s.
According to the Bureau of Labor Statistics, the average household income is now only slightly above where [...]
Filed under: Economy, Income, Inflation | Tagged: business, economics, Economy, Income, income gap, Life, Middle Class, Money, pay, poor, salary survey, Thoughts, unequal pay, us salaries, Work | Leave a Comment »