Economy - Part 14

BRICS Gold Trading System Poised to Reduce US Dollar Dominance
First deputy chairman of Russia’s Central Bank – Sergey Shvetsov has recently announced that BRICS countries are mulling the creation of a unified gold trading system. And as David Gibson, Managing Director at GoldVu Investment Company, told Radio Spu ...[Read more]
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Monetary Imperialism
In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and €œforeign aid€ (defined simply as any government credit) depicts an almost utopian system uplifting all countries, ...[Read more]
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Four million young people were homeless last year. Four million.
Nearly 4.2 million kids and young adults without a parent or guardian are homeless across the United States over the course of a year. A new study from the University of Chicago revealed the startling statistic this week, focused specifically on homeless ...[Read more]
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A millionaire explains why he wants to pay more taxes
Middle-class voters are in agreement with a surprising group of people: millionaires. Since 2010, a group called Patriotic Millionaires has fought for the closure of a number of tax loopholes and workarounds that allow people like them to pay less while t ...[Read more]
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€˜Moral crisis:Gates, Buffett & Bezos richer than poorest half of America combined
The three richest people in the United States – Bill Gates, Jeff Bezos, and Warren Buffett – have a total wealth that exceeds the savings of America’s poorest 160 million, a new study shows. The three billionaires are sitting on a combined $248.5 b ...[Read more]
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Paradise Papers leak reveals secrets of the world elite’s hidden wealth
The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires. T ...[Read more]
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Republican Plan Delivers Permanent Corporate Tax Cut
Republican lawmakers unveiled a sweeping rewrite of the tax code on Thursday, outlining a $1.5 trillion plan that will deliver a significant tax cut for corporations and more modest savings for middle-class families while tilting the United States closer, ...[Read more]
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Politicians from both right and left could learn from the Nordic countries
The four main Nordics—Sweden, Denmark, Norway and Finland—are doing rather well. If you had to be reborn anywhere in the world as a person with average talents and income, you would want to be a Viking. The Nordics cluster at the top of league tables ...[Read more]
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Ronald Reagan and The Great Social Security Heist
With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people. It is so ironic that many people, today, still believe that Ronald Reagan came galloping up on a great white horse to sound the ...[Read more]
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Bernie Sanders backs millionaire tax to fix New York subway
New York City Mayor Bill de Blasio's fight for a "millionaires' tax" to help repair the country's largest subway system got a boost as U.S. Senator Bernie Sanders, one of the nation's most popular politicians, endorsed the plan on Monday. “What the mayo ...[Read more]
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Bernie Sanders awed by Canadian health care
U.S. senator and former presidential candidate Bernie Sanders says Americans have much to learn from health systems outside their borders, including Canada’s. “We do not in the United States do a good job in looking around the rest of the world and as ...[Read more]
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