Maybe There's No Such Thing as a Business Cycle … Is the U.S. economy's current expansion past its sell-by date? Will we soon go back to the employment levels we had before 2008, or did the recession do lasting damage? Macroeconomists wrestle with these questions, but usually without much success. To understand why it's so hard to predict business cycles, you need to realize that...Read More
Frothy.com … A new tech bubble seems to be inflating. But when it pops, it should cause less damage than the dotcom crash of 2000 … In December, 15 years ago the dotcom crash was a few weeks away. Veterans of that fiasco may notice some familiar warning signs this festive season … Janet Yellen, the head of the Federal Reserve, has warned that social-media firms are overvalued&mda...Read More
Deflation Stalks the Globe … Crude oil trading at less than $60 a barrel for the first time in five years means lower gasoline prices and more money in consumer's pockets, right? And the knock-on effect of driving down consumer prices is great for everyone, correct? And the global economy needs all the help it can get as it drags itself out of recession, so what's not to love about l...Read More
Frothy.com … A new tech bubble seems to be inflating. But when it pops, it should cause less damage than the dotcom crash of 2000 … In December, 15 years ago the dotcom crash was a few weeks away. Veterans of that fiasco may notice some familiar warning signs this festive season … Janet Yellen, the head of the Federal Reserve, has warned that social-media firms are overvalued&mda...Read More
Deflation Stalks the Globe … Crude oil trading at less than $60 a barrel for the first time in five years means lower gasoline prices and more money in consumer's pockets, right? And the knock-on effect of driving down consumer prices is great for everyone, correct? And the global economy needs all the help it can get as it drags itself out of recession, so what's not to love about l...Read More
Russia's Problems Are Everyone's Problems … "Cyprus with nukes." That's how someone, maybe me, referred to Russia in an IM conversation this morning. It's not really a fair comparison; Russia is a vast country loaded with natural resources, not a tiny island banking haven. But it does express a very real fear: that the world is about to experience a major financial...Read More
EXCLUSIVE: New York Mag's Boy Genius Investor Made It All Up … In an exclusive Observer interview, Mohammed Islam, said to have investment returns of $72 million as a hs senior, admits he invented the whole story … It's been a tough month for fact-checking. After the Rolling Stone campus rape story unraveled, readers of all publications can be forgiven for questioning the proce...Read More
Russia's Problems Are Everyone's Problems … "Cyprus with nukes." That's how someone, maybe me, referred to Russia in an IM conversation this morning. It's not really a fair comparison; Russia is a vast country loaded with natural resources, not a tiny island banking haven. But it does express a very real fear: that the world is about to experience a major financial...Read More
EXCLUSIVE: New York Mag's Boy Genius Investor Made It All Up … In an exclusive Observer interview, Mohammed Islam, said to have investment returns of $72 million as a hs senior, admits he invented the whole story … It's been a tough month for fact-checking. After the Rolling Stone campus rape story unraveled, readers of all publications can be forgiven for questioning the proce...Read More
Ambrose Evans-Pritchard: Why Paul Krugman is wrong … Central banks can always create inflation if they try hard enough … He is wrong that you cannot create inflation when interest rates are at the zero bound, says Ambrose Evans-Pritchard … Professor Paul Krugman is the world's most influential commentator on economic issues by a wide margin. – UK TelegraphDominant Socia...Read More
Waters Warm, and Cod Catch Ebbs in Maine … In the vast gulf that arcs from Massachusetts's shores to Canada's Bay of Fundy, cod was once king. It paid for fishermen's boats, fed their families and put their children through college. In one halcyon year in the mid-1980s, the codfish catch reached 25,000 tons. Today, the cod population has collapsed. Last month, regulators effectiv...Read More
Ambrose Evans-Pritchard: Why Paul Krugman is wrong … Central banks can always create inflation if they try hard enough … He is wrong that you cannot create inflation when interest rates are at the zero bound, says Ambrose Evans-Pritchard … Professor Paul Krugman is the world's most influential commentator on economic issues by a wide margin. – UK TelegraphDominant Socia...Read More
Waters Warm, and Cod Catch Ebbs in Maine … In the vast gulf that arcs from Massachusetts's shores to Canada's Bay of Fundy, cod was once king. It paid for fishermen's boats, fed their families and put their children through college. In one halcyon year in the mid-1980s, the codfish catch reached 25,000 tons. Today, the cod population has collapsed. Last month, regulators effectiv...Read More
14 Year old Sarah Green lighting it up with a 280 member band at the AAA State Football Championship for Calhoun High GA.Read More
There Is No Retirement Crisis … You're probably going to be hearing a lot about a "retirement crisis" over the next few years. And Democrats think they know just what to do about it. Some academics are convinced that Americans aren't saving enough, or being provided enough by the government, to sustain themselves in old age. Many Democrats think their party hasn't adequ...Read More
Olympia rally draws defiant gun owners to protest new edict … A crowd of gun rights activists, many armed, estimated at 1,000 by the Washington State Patrol and at up to 3,000 per a photo gallery caption accompanying The Seattle Times' report, gathered at the State Capitol in Olympia Saturday to collectively declare "I will not comply" with the recently passed Initiative 594. T...Read More
There Is No Retirement Crisis … You're probably going to be hearing a lot about a "retirement crisis" over the next few years. And Democrats think they know just what to do about it. Some academics are convinced that Americans aren't saving enough, or being provided enough by the government, to sustain themselves in old age. Many Democrats think their party hasn't adequ...Read More
Olympia rally draws defiant gun owners to protest new edict … A crowd of gun rights activists, many armed, estimated at 1,000 by the Washington State Patrol and at up to 3,000 per a photo gallery caption accompanying The Seattle Times' report, gathered at the State Capitol in Olympia Saturday to collectively declare "I will not comply" with the recently passed Initiative 594. T...Read More
Download "A Guide to Organizing a Successful Wellness Challenge" for FREE here: http://bit.ly/1sdKulFJoin world-renowned strength coach Charles Poliquin and New York Times bestselling author Jay Papasan as they discuss the ONE Thing for your physical health. Learn how to focus on your health and fitness with purpose and priority as Jay discusses with Charles the three main dominoes for your physic...Read More