Over a decade removed from the financial crisis, you would think that banks and financial institutions had learned their lesson from the crisis. With the banking system supposedly on the verge of collapse in 2008, only an enormous government bailout and massive injections of liquidity from the Federal Reserve System staved off a complete collapse. […]
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If it seems like the rich are getting richer and the not-so-rich are still, well, not so rich, there’s a reason for that. Incomes for the 1% have exploded over the past 20 years, while median household income has largely stagnated. With the latest revisions to the Census Bureau’s data collection, median household income in […]
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The situation between Turkey and the United States seems to have taken some mighty sharp turns in recent days. With President Trump’s decision to withdraw troops from Kurdish areas of northern Syria, Turkey has decided to take advantage of the vacuum by sending its own troops in to attack what it sees as Kurdish terrorists. […]
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There’s no better way to accumulate wealth than by saving and investing. Merely socking money away into a bank account won’t grow your wealth. That money that you save needs to be put to work for you gaining returns. But many diligent savers don’t know where to invest their money. While stocks and bonds have […]
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Very few cartridges survived the transition from blackpowder to smokeless powder, with most of them being “cowboy”-type cartridges used in revolvers and lever-action rifles. And most of those were larger-caliber cartridges around .44- to .45-caliber or higher. But there’s one prominent smallbore cartridge that managed the transition to smokeless powder: the .303 British. The fact […]
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In a big blow to Facebook’s Libra cryptocurrency project, PayPal announced earlier this month that it would be leaving the project. When Facebook had first announced Libra, it also announced that numerous established financial and payments firms had also joined the project, including PayPal, Visa, and others. Once PayPal left, the floodgates opened, as Visa, […]
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If you haven’t delved into the nitty gritty details surrounding the Trump impeachment inquiry, you’re probably not alone. The drama that has engrossed Washington, as Democrats finally think they smell blood in the water, is full of so many twists and turns that it’s hard to keep things straight. But the deeper you dig behind […]
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If you feel like your cost of living is increasing but your salary isn’t keeping pace, you’re not alone. The median American household’s inflation-adjusted income hasn’t budged in 20 years. But life is getting more expensive, with food, education, and healthcare costs continuing to rise above the rate of inflation. And with Americans terrified of […]
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Despite the many failings of government, there still remain people who trust the government to protect us. Whether it’s because they believe that police really are there to protect us from crime, or they don’t want to take responsibility for their own defense, they trust the police to defend them. But what happens when the […]
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Running, potable water is one of the greatest advances of civilization. It’s also one of the things that most of us living in civilized areas take for granted. We just assume that we can walk to the sink, turn the spigot, and get a glassful of fresh water any time we want. We also assume […]
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