FinancialArmageddon spotlights six news articles which detail some tragic human realities happening during The Great Recession….
Lives, Destroyed
The vast majority of Americans have been forced to endure a great deal of pain ov…
FinancialArmageddon spotlights six news articles which detail some tragic human realities happening during The Great Recession….
Lives, Destroyed
The vast majority of Americans have been forced to endure a great deal of pain ov…
CHARLOTTE, N.C. — Homeowners may need to look elsewhere for long-term investment returns as housing prices in some areas may not rebound long-term, Bank of America Corp Chief Executive Officer Brian Moynihan said on Tuesday.
Moynihan, CEO…
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http://www.abc.net.au/news/events/japan-quake-2011/beforeafter3.htm
Sorry if this has been posted before but these clever photos (moving your mouse over the images toggles before and after images in Japan’s tsunami disaster) really drive home the ext…
The average size of the American home is shrinking — it dropped in both 2008 and 2009 after 15 straight years of growth — but most of us are still living larger than people in the Big Apple. Home size in Manhattan is about half the national average.
…
I heard on NPR that there is no food in Tokyo. Nada. The airport only has hotdogs left. Reporters run run out of gas
trying to visit stricken areas.
Imagine a city with 13 million people and there is no food to be bought anywhere. No way to transport…
Booms go bust. Wealth disappears. Debt does not. Someone, somewhere, sometime has to pay it. If not the borrower…someone else.
The story of the bubble years was the build up of debt throughout the world.
The story of the post-bubble years has bee…
From the NY Times…
Leona Helmsley’s legacy lives on in the building that bears her name.
Over at tax.com, Martin A. Sullivan, an economist and contributing editor to Tax Analysts, has a fascinating post on the tax rates paid by the residents …
CNN link
I kept looking for a way that was just a sensationalistic write-up…but it’s not. Detroit is actually planning on classrooms filled with 60 inner-city kids. I would think you’d need a Taser (minimum) to keep any semblance of order. Any kid…
“What is called government planning is the suppression of other people’s plans.”
Thomas Sowell