Americans today have fewer opportunities for economic advancement than their parents or grandparents did in 1970. That’s the conclusion of the Historical Report of Opportunity prepared by two groups called Opportunity Nation and Measure of America. “Opportunity overall decreased from ...
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How The Coming Dollar Collapse Will Leave Americans Destitute
An increasing number of financial experts are saying the United States dollar is no longer a reliable and dependable currency – and that its downfall is inevitable. There are even some experts who think the dollar is so unstable that ...
Read More »The U.S. Economic Death Spiral: All the Pieces Are Coming Together
The Social Security Trust Fund should be solvent and able to continue to pay all benefits (including cost-of-living adjustments each year), except for the fact that although everyone paid into the trust fund with every paycheck and their employers had ...
Read More »The REAL Chinese Economy Exposed
It is time to start preparing for another major economic catastrophe, and this time it won’t start in America. It’ll come from China; in fact, it’s probably already started. The looming catastrophe is the biggest real estate bubble in human ...
Read More »The Fiscal Cliff: Our Financial Future
With all of the news coverage about the fiscal cliff, it can be difficult to tell fact from fiction concerning our financial future. Here’s what you need to know. The Status Quo Unfortunately, our representatives have put us in a ...
Read More »Consumers Lower Debt Levels Despite Government Stimulus
The government wants Americans to spend, spend, spend – but the average consumer is over it. Instead of doing what the government wants, millions of consumers are doing what’s best for their own lives: they’re taking a hard look ...
Read More »Federal Report Shows that Middle-class Households Have Lost 40% of their Worth in Last Three Years
According to government data released yesterday, the last three years of a stagnant economy have wiped out almost two decades of American wealth. The Federal Reserve reports that the median net worth of families fell from $126,400 in 2007 to ...
Read More »Being Prepared in an Unprepared World
Introduction: The Descent into Chaos It is extremely easy to come home after work, open the door, sit on the couch, and flip on the TV. In this life, your only worries are fixing the sink and who’s going to ...
Read More »Helping Your Business Weather a Recession
Grim economic forecasts can trouble new small-business owners. But veteran entrepreneurs will tell you this is not the time to give up hope. Instead, it’s time to strategize so that your business will weather the recession. During a recession it is possible for your business to survive and thrive, when you make smart decisions.... In a tough economy, volume is important, and you want to keep your customers happy and coming back for more.
Read More »Smoke and Mirrors: What You Don’t Know About Unemployment Figures
America got some good news for the first week of the new year – the unemployment rate dropped from 9.8% to 9.4% for December, the lowest since the spring of 2009. However, if the news was so great, how come ...
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