Niall Ferguson says, U.S. Empire in Decline and on Collision Course with China

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 [...]

Good Financial Advice – Yahoo! Finance

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

The Gov’s Tax Revenues are down 25% – They will Tax You!

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

U.S. Salaries Are The Most Unequal Since 1928

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 [...]