This morning’s jobs report was stronger than expected, which – combined with Amazon’s dramatic increase in its minimum wage to $15/hr — implies rising wages
What do the following headlines have in common? US wages grow at fastest pace since 2009 Euro area economy ended year with strongest growth since
If easy money has stopped working, then what’s left? Massive deficits, of course. Pressure is building on governments around the world to increase spending and
Another of history’s many lessons is that governments under pressure become thieves. And today’s governments are under a lot of pressure. Before we look at
“How did you go bankrupt?” “Two ways, gradually and then suddenly” – Ernest Hemingway, The Sun also Rises Senate majority leader Harry Reid is on
It’s easy to understand the attraction of things like adjustable-rate mortgages and teaser-rate credit cards. They give you cheap money up front and a few
In this week’s talk with National Numismatics’ Tom Cloud, he explains why the reported price of gold is not the real price. DollarCollapse: Hi Tom.
The fiscal cliff was always going to end with a whimper because that was the obvious path of least resistance. In the end, simply avoiding
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