Posts Tagged

Debts

We haven’t seen numbers like these since the last global recession.  I recently wrote about how global trade is imploding all over the planet, and the same thing is true when it comes to manufacturing.  We just learned that manufacturing in China has now been contracting for seven months in …

Investors are rushing for the exits and we are starting to see panic on a level that we have not witnessed since the last financial crisis.

If there were no presents at all, would you still want to celebrate Christmas? 100 years ago, a little seven-year-old boy named Homer Mellen sent Santa Claus a letter asking for “a box of paints, also a nine cent reader, and a school bag to put them in.” And he …

Has there ever been a major holiday more focused on materialism than the modern American Christmas?  This year, Americans are planning to spend an average of 830 dollars on Christmas gifts, which represents a jump of 110 dollars over the average of 720 dollars last year.  But have our incomes …

Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe. Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and …