Whatever it is that France and or Europe is doing, it isn’t working. Despite numerous promises by the socialist Hollande government, French unemployment has risen non-stop for 4 years. It also just an all-time record […]
Tag: Economy
Maniacal Russian Foreign Policy Will Result In $110 Billion Leaving Country Next Year
The Russian Economic Development Ministry announced this week that capital flight from Russia is forecast to hit $110 billion this year, the second highest in over a decade, thanks to the increasingly erratic behavior of […]
The United States Has An Income Inequality Problem
The Organisation for Economic Cooperation and Development confirmed this week that the gap between the rich and poor in most of the world’s advanced economies is at record levels. In most of the 34 countries […]
Looking For A Low Wage Job? Go To College
While at first it might seem like going to college is the way to break through income barriers and move up a few notches on the wage ladder, new research is finding this is anything […]
Nearly 100 Million Americans No Longer In The Workforce
April’s payrolls report painted a bleak picture for wage growth in America. We continue to add low-skill, low paying service jobs as opposed to higher skill, higher pay jobs like manufacturing. In fact last month […]
Class Of 2015 Holds The Title Of Most Heavily Indebted Graduating Class Ever
Spring is a time of transition, from cold to warm, rainy to sunny and student to employee. For many of the class of 2015 that transition can’t come fast enough. College graduates this year are […]
Greece Edges Closer To Chaos As Finance Minister Attacked
Greece is teetering on the edge and things have begun to turn violent according to a new report this morning. A group of anarchists attacked Greek Finance Minister Yanis Varoufakis and his wife Danae at […]
Alibaba Re-Organization Reveals Dramatically Slowing Chinese Economy
In a very surprising move Chinese e-commerce giant Alibaba Group Holding Ltd is freezing hiring for the rest of the year because it has grown “too quickly”, according to Executive Chairman Jack Ma. “Alibaba has […]
Why Electric Car Sales Have Tanked Lately
Ford just laid off 700 Michigan plant workers working on small cars and hybrid manufacturing The Detroit News reported yesterday. Specifically, Ford said that it is cutting a shift at its Michigan Assembly Plant where […]
Why China’s new silk road plan is a pipe dream
China Xi Jinping has grand dreams of new Asian trade routes but his ideas stand in stark contrast to his country’s political and military stance in the region and around the world. Xi first proposed […]