American Savings Or Not

It has been a long time since Americans have been known as savers, and the situation has gotten even worse. Continue reading →

Currency Crash Zambia

In yet another example of a currency crash, Zambia’s currency has dropped almost 50% in 2015. China’s slowdown has global Continue reading →

Robin Hood Tax May Not Work

Returning to the era when the US’ progressive tax rate had higher rates for the higher incomes sounds like a Continue reading →

Half Of All Wealth

Wealth inequality continues. The top 1% own half of the world’s wealth. The trend suggested it would happen, but it Continue reading →

Global Debt Crisis

Globalization increases, increasingly connecting economies that were isolated. That is why a ‘regional’ crisis like the US mortgage crisis rippled Continue reading →

Low US Labor Participation

“Unemployment held steady at 5.1%, but only 59.2% of Americans have a job.” – Quartz Despite job growth and a Continue reading →

Global Economic Instabilities

“The IMF is profoundly concerned, warning at last week’s annual meeting in Peru of $3tn (£1.95tn) of excess credit globally Continue reading →

Corporate Offshore Tax Havens

One of the major contributors to US revenues had been corporate taxes. With globalization, more corporations are storing revenues off-shore, Continue reading →