Economic conditions can change overnight when power is dispersed and the surprises of human creativity are released.
Post Tagged with: "wealth"
George Washington and Many Presidents Were “One-Percenters”
Romney should point out that he is in pretty good company. According to 24/7 Wall Street, many U.S. Presidents were among the wealthiest (using 2011 dollars) Americans of their time.
“Recovery” reality – incomes and wealth declined
“Four more years will bankrupt America.” Middle class incomes and net worth both declined under Obama’s three years of “recovery.” How’s that hopey changey thing working for you? Stewart Varney explains that the real issue is lower income and less wealth with Obama’s policies. He also thinks four more years of Obama’s policies will bankrupt America.
Shocking Charts And Statistics That Prove That America Is No Longer A Wealthy Nation
Over the past three decades, government debt, business debt and household debt have absolutely exploded, but our assets have not. That means that we are getting poorer as a nation. By Michael T. Snyder How do you decide whether you are wealthy or not? Do you determine that by how much money you spend at the stores? Of course not. You can tell if you are wealthy or not by comparing your assets (the money in your bank account, equity […]
Shocking Charts And Statistics That Prove That America Is No Longer A Wealthy Nation
Over the past three decades, government debt, business debt and household debt have absolutely exploded, but our assets have not. That means that we are getting poorer as a nation.
The con of the century – Federal Reserve made $9 trillion in short-term loans to only 18 financial institutions. Since 2000 the US dollar has fallen by 33 percent. The hidden cost of the bailouts.
The Fed operated as a global pawnshop taking in practically anything the banks had for collateral.