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Why Japan is Doomed and the USA Might be Next

I came across this very compelling visualization of Japan’s debt problem. It shows that their debt is on a path to being unsustainable and sooner or later, debt interest payments ...

Romney Does it Again: Infers that Inferior Latino Culture Accounts for Mexican Poverty

Mitt believes Mexican culture is inferior to the United States After Mitt Romney’s shambolic visit to the United Kingdom, where he suggested they were not quite ready for the ...

Employment Picture Improves in Most U.S. States

The Associated Press reports that the unemployment rate fell in two-thirds of U.S. states last month, demonstrating that modest economic growth is boosting hiring in most areas of the ...
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Opinion: Will Israel Attack Iran? Should Israel Attack Iran?

Israel and the U.S. should not attack Iran - the risks outweigh any benefits Will Israel attack Iran over their march towards nuclear weapons?  The probability exists, but some analysts ...
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EU Set to Impose New Sanctions on Iran

New sanctions are intended to deter Iran from pursuing nuclear weapon capabilities The Daily Telegraph writes that the European Union will begin phasing in economic sanctions on Iran ...
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EU Bans Iranian Oil Imports over Nuclear Dispute

Ahmadinejad's Iran is beginning to fell the pinch of sanctions European Union foreign ministers announced today a ban on Iranian oil imports, to begin on July 1 as part of coordinated ...
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Welcoming the Brazilian Invasion

Brazilian tourists take photos in front of the Statue of Liberty in New York As the Brazilian economy has surged, overtaking the UK to become the world’s 6th largest, the U.S ...
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China’s Inexorable March to the #1 Economic Spot- Why You Should Care

China's rise may give opportunities for the U.S. The Economist has written an intriguing article that details key aspects of China’s rise as the world’s leading economic ...
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One of the Most Expensive Homes in America – Spelling Manor

This massive home set its owner back a cool $80 million The Manor, also known as Spelling Manor is a huge mansion to be found in Holmby Hill, Los Angeles. It was previously owned by ...
Overseas care can be quite advanced and a lot cheaper than in the U.S.

Can Medical Tourism Save You Money?

Overseas care can be quite advanced and a lot cheaper than in the U.S. With the sky-high cost of healthcare in the United States, it is no surprise that medical outsourcing has emerged ...
GDP grew faster than initially reported in the fourth quarter

Industrial Production Surprises, Rises 0.7% in October

Industrial output rose in October The Federal Reserve has reported a surprising expansion in industrial production of 0.7% in October after a fall of 0.1% in September. Last month, ...
More are slipping into poverty in the United States

Poverty Spreads in the U.S., Hispanics Hardest Hit

More are slipping into poverty in the United States Over the last ten years, the Census Bureau has created an alternative measure of poverty to better reflect the cost of basic living ...

Americans Struggling More than Chinese to Afford Food

A Gallup study tells a sad tale of how the American standard of living has taken a hit in the last few years.  The article at Gallup says notes that 6% of Chinese found it hard ...
More are slipping into poverty in the United States

Poverty Spreads in the United States: Census Bureau

More are slipping into poverty in the United States The Census Bureau today let us know something we’ve felt instinctively all year, namely that poverty is rising in the United ...
China's Qaidam Basin solar plant will produce a record 1 GW of solar energy

We Called This One: China Overtakes U.S in Clean Energy

China's Qaidam Basin solar plant will produce a record 1 GW of solar energy An article in the New York Times shows how China has overtaken the U.S. in solar energy. In the last ...