Economy - Part 21

The professional middle class bubble is bursting
If you ...[Read more]
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Death by Foreclosure
This past Thursday, a Modesto, California, man whose house was in foreclosure shot and killed the Sheriff ...[Read more]
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Five Reasons Why The Very Rich Have Not Earned Their Money
The wealthiest Americans believe they've earned their money through hard work and innovation, and that they're the most productive members of society. For the most part they're wrong. As the facts below will show, they're not nearly as productive as middl ...[Read more]
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U.S. Standard of Living Has Fallen More Than 50%
Jeff Nielson examines the recent statistics in a simple and understandable manner, and portrays an easy to understand picture about the state of economy : "In writing about the relentless collapse of Western economies, I frequently point to "40 years of ...[Read more]
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Corruption Responsible for
Last year, a new company called Lightsquared promised an innovative business model that would dramatically lower cell phone costs and improve the quality of service, threatening the incumbent phone operators like AT&T and Verizon. Lightsquared used a new ...[Read more]
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US pharmaceutical companies get creative when it comes to disorders and drugs to treat almost anything, from canine depression to female sexual dysfunction. The American drug trade is a multi-billion-dollar business, and is only getting bigger. Meanwhile ...[Read more]
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BBC2 documentary examines a possible fictional scenario in the wake of oil supply running out, after explaining that oil supply running out is not a theory or a risk, but an eventual reality which will happen into the next decades in an inevitable fashion ...[Read more]
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The Rich Get Even Richer – New York Times
NEW statistics show an ever-more-startling divergence between the fortunes of the wealthy and everybody else ...[Read more]
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Worldwide Banking Resignations Triple According to Revised Numbers: Why Now?
"On March 6, 2012, I wrote an article entitled ...[Read more]
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Greece develops cashless, Euro-free currency in tight economy
In recent weeks, Theodoros Mavridis has bought fresh eggs, tsipourou (the local brandy: beware), fruit, olives, olive oil, jam, and soap. He has also had some legal advice, and enjoyed the services of an accountant to help fill in his tax return. None of ...[Read more]
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With one and a half million American children now homeless, reporter Hilary Andersson meets the school pupils who go hungry in the richest country on Earth in this BBC panorama. From those living in the storm drains under Las Vegas to the tent cities now ...[Read more]
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