Sudden Debt

In the last 30 years the top 1% of Americans saw their real, after-tax  income increase nearly fourfold. And how about the "other"...

From all the news flow out there it appears to me that we are nearing a so-called "inflection" point in the European debt crisis....

I occasionally look at the US Dept. of Agriculture data on food stamps (now called Supplemental Nutrition Assistance Program - SNAP) becaus...

Steve Jobs, the co-founder of Apple, died yesterday, age 56.  He was one of those very few people who changed the world for the better and ...

A full four years after the debt crisis raised its ugly head as a sub-prime loan snafu, it has morphed into a "sovereign debt crisis...

A very short post today. Debt is a call on future earnings, i.e. it presumes there will always be economic "growth" (however you...

Germany is the world's #2 exporter, very close behind China.  In 2010 it exported a total of 960 billion euro, amounting to 42% of its ...

Sometime ago I attended an alumni gathering arranged by my old college's Provost. Since he was making the effort to come such a long w...

With the European debt crisis threatening to tear apart the very fabric of the EU itself, here's an idea (a weird one, I admit).  Inste...

The following story appeared in Reuters and made my stomach turn. Some U.S. firms paid more to CEOs than taxes: study  Here's an excerp...