Category: Economy

JPMorgan CEO and The Saudi Prince Al-Waleed bin Talal Criticized Bitcoin

When the Saudi Prince Al-Waleed asked about the specific comparison between bitcoin and the infamous American energy company that fell apart in the early 2000s amid revelations of massive accounting fraud, Al-Waleed reiterated his position that he “just [doesn’t] believe in bitcoin completely.”
Al-Waleed reiterated his position that he “just [doesn’t] believe in bitcoin completely.”

Recession 2013

All of the recent economic data is pointing to Recession 2013. Time to get your portfolio ready with these five dividend payers.
With first-quarter GDP growth under 2% and a whole host of indicators moving in the wrong direction, it looks as though the U.S. economy has stalled.

Is Wal-Mart Destroying America?

When we buy stuff made by people working for slave labor wages in China, we destroy good paying American jobs and we make America poorer. This is a point that I have tried to make over and over.
Wal-Mart often tells one thing to the public and then does another thing in private.