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Follow These 5 Steps to Save Money and Start Investing
By Neda Jafarzadeh, a financial analyst with NerdWallet Investing. NerdWallet Investing helps investors learn how to save for retirement with information on various topics such as how to roll over 401(k) accounts. Supporting yourself and your family is one of life’s most important goals, but unless you’re saving for the future, you are doing nothing ...
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There’s a Market Everywhere, Even in Video Games
A market appears where there is supply and demand. It doesn’t need a currency, it doesn’t need authority, it needs “want” and “need”. Want and Need enriches the soil on which it grows, it keeps the market running. In today’s world, The Market, with big, capital letters and an air of smug authority represents a piece of ...
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The Bitcoin Question
Bitcoin, as many of you have already heard, is a virtual, non-centralized, finite currency, created by “mining”, a set of algorithms and calculations a computer has to solve to get coins. Most people were extremely sceptical when it was first announced and released, I myself didn’t buy into it, even when it was 2$, the whole things just didn’t ...
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Legalized Theft of Cyprus
The European Union is in a big load of trouble, and the epicenter of that trouble is again the south. Earlier, in 2012, Greece was the super star of this debt-ridden debacle, eating bailout after bailout without any positive results. Its streets were destroyed by jobless, angry young people, hopeless and disillusioned. Its old were fucked by austerity, ...
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Will Growing Student Debt Cause a National Crisis?
Depending on whom you ask, the United States may or may not have a student loan debt crisis looming on the horizon. In March of last year, total debt hit the much-publicized trillion-dollar mark, and this January, the LA Times reported the FICO Labs findings that the student-loan delinquency rate has increased to 15.1% in ...
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Why Markets Go Up When People Lose Jobs?
Markets are in euphoria at this moment, the DOW is breaking records, China’s beating their growth predictions, Europe’s forgetting its debt crisis and Japan’s NIKKEI is at a three year high! Hell yeah? Nope. The answer to the optimism and euphoria in the markets are four words: trade volume and quantitative easing. Trade volume, as ...
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The Relationship Between Corporations and Government
Almost in every country in the world, governments are trying, trying really, really hard to “boost” economic growth. They don’t care that it’s not their job to do or that by doing this sort of hack job; they doom future generations to misery. They do it because its’ easy, it works in the short term ...
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The Myth of Centralization
Centralization, as you might already know, is quite a tricky subject. On one hand, there’s a completely real and fathomable fear of totalitarianism, dictatorship, monarchy and oligarchy. But on the other, in times of reckless economic abandon, suffering and stagnation, Centralization is almost always the only way of reviving an economy. Centralized Government has the ...
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Guest Post: Bond Crash of 2013?
According to the White House, US economy has been gaining the grounds it lost over the recession and thereafter. The report released by the White House has confirmed that the worst is over and that the economic health of the country is much better as compared to its performance some 4 years back. However, it ...
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Russia: The New Resource Giant?
There are two facts about Russia you might not know, one: that it is the biggest oil producer in the world, and second, that it holds the most Gold in the world. Quite substantial isn’t it? And all of it belongs to Putin, not the markets, not the people, but one man, one ruler, Vladimir ...
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Is European Union Turning into Soviet Union?
I would like to present this video at first: As you can see, Nigel Farage, the face of the UKIP (United Kingdom Independence Party) has a point there, and the point being: When does centralization of monetary and political power get to be against the interests of nations it is made for? The European Union ...
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Debt is a Drug
Back in the 90’s, with the fall of the Soviet Union and the invention of the internet, the world experienced a great economic boom. The European Union began to grow, the common currency was soon to be adopted, the DOW and the DAX rallied on huge bulls, mainly a new Eastern market, Russia and a ...