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Financial

Will Volkswagen’s 82 Billion Dollar Bet On Electric Cars Crush Tesla?

Will Volkswagen’s 82 Billion Dollar Bet On Electric Cars Crush Tesla?

It is Volkswagen (OTC: VLKAY) and not Tesla Motors (NASDAQ: TSLA) that holds the electric-vehicle future. If just one-third of VW’s electric ambitions bear fruit, Tesla is doomed. The German-auto giant plans to spend $82.5 billion on electrification; an unidentified ...

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Ongoing Drought Affecting World Food Prices

Ongoing Drought Affecting World Food Prices

The prices for cereals, which contain the world’s most important food crops, rose by 12.1% over the past year. The cost of cereals, which include grains, corn, rice, and soybeans, has been increasing because of dryness in the United States, ...

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Bitcoins, Beer and the Student Loan Disaster

Bitcoins, Beer and the Student Loan Disaster

A large percentage of the $1.48 trillion student loan debt accumulated by Americans was never spent on tuition at all. Instead, much of that money went towards everything from beer, Bitcoin, spring break shenanigans and exotic reptiles. More than one ...

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Enormous National Debt Will Double Again In 10 Years Or Less

Enormous National Debt Will Double Again In 10 Years Or Less

America’s national debt will increase to almost twice its current sizethanks to legislation Congress passed over the last year. Also,the federal deficitwill expand to over $1 trillion for the first time in 2022 because of the same laws. The national ...

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The Coming Bitcoin Blackouts?

The Coming Bitcoin Blackouts?

The vast popularity of cryptocurrencies like Bitcoin will lead to blackouts and higher electric bills unless something changes fast. Digital currencies are not controlled by the big banks yet, but rather by a network of users who an incredible amount of electrical power ...

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Dangerous Dust Bowl Conditions Could Be A Serious Summer Threat

Dangerous Dust Bowl Conditions Could Be A Serious Summer Threat

A severe drought on the Great Plains might be stirring up a new Dust Bowl. A giant cloud of dust that swept through Midland, Texas, on April 4 reminded many of the greatdust storms of the 1930s. Video of the ...

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Surviving The Hard Times Ahead With Discipline And Frugality

Surviving The Hard Times Ahead With Discipline And Frugality

  Hard times are nothing new. Adverse circumstances have come and gone throughout the centuries, and people have dealt with extreme difficulties in some pretty remarkable ways. Amid catastrophic weather, crop failures, job loss and personal injuries—all of which often ...

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The Day All The ATMs Ran Out Of Cash

The Day All The ATMs Ran Out Of Cash

Money plays such an important role in our lives that most of us could not imagine surviving without it. Yet that is exactly what you need to do if you want to prepare for an economic condition called deflation. Deflation ...

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78 Percent Of Americans Living Paycheck To Paycheck

78 Percent Of Americans Living Paycheck To Paycheck

Aug. 24, 2017 Around 78 percent of Americans with a fulltime job say they live paycheck to paycheck, according to a new survey from CareerBuilder.com. Disturbingly, the survey found Americans are worse off than they were last year. Want Out ...

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9 Things About The U.S. Economy That Should Scare You To Death

9 Things About The U.S. Economy That Should Scare You To Death

Dec., 16, 2016 NEW YORK — Despite all the optimism generated by the election and recent stock market rally, there remain many signs the U.S. economy is in big trouble. In fact, there are several good reasons to believe that ...

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