The Dow Jones on Wednesday suffered its third-largest one-day point drop ever, ending the day down more than 830 points. That was a major wake-up call for those who thought …
Money
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With the onset of tariffs pushed by the Trump administration, their effect on world trade has been profound. And while the effects on the US economy have been pronounced, affecting …
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Political division is higher than ever nowadays. Left-wingers and right-wingers hate each other to no end and they both believe that the opposing side is what is standing in the …
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It used to be that everyone had the same vision of the American Dream. Everyone wanted a good, well-paying job for life, a nice house in the suburbs with a …
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It is commonly understood that government regulations are good because they protect workers and consumers and they keep greedy businessmen in check. But that’s actually not the case. Regulations almost …
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After the unraveling of the previous housing bubble during the 2008 financial crisis, many people drew the natural lesson that loaning money to people who were poor credit risks was …
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Nearly every country on earth backs its paper currency with US dollars. Now you may wonder, why would anyone do that? Or why does that even matter? Here’s why. “Why …
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Fed up with what it sees as US bullying in the world financial system, the European Union plans to develop new payment systems to allow the EU to divorce itself …
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Anyone who has followed politics at all over the past decade probably remembers Jimmy McMillan, a.k.a. “The Rent Is Too Damn High” guy. His appearance in the 2010 New York …
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A common piece of investing advice is to do the opposite of what everyone else is doing. If everyone is piling into one asset, there’s a good chance it’s overvalued …