- Californian’s have little to no savings for emergencies - Dreary picture of the financial situation of low- and middle-income people in California - Families with above-average income are one crisis away from financial devastation - Currently, 45.9% of residents are “liquid asset poor,†up from 44% last year.
It is a problem when the majority of the U.S government congress are millionaires. Give your money to the rich millionaires and they will decide what the U.S citizens will get.. this is essentially what the system boils down to.
The government is out of touch and does not reflect the will of the people, right now tens of millions of Americans are suffering and America is broke and the U.S government has no idea what they are doing.
Notice how the former bank CEO Patti Croft keeps painting a rosy picture of the economy. Through my years of observing the markets and mainstream finance media is that people employed in the financial service industry have to lie to the public.
She keeps things upbeat by using words like “improving” and “growth” , which are just flat out lies. Remember, bankers jobs are to keep you spending money and investing so they can make money off you in interest and fees, that’s it period.
Kevin O’Leary is kind of an asshole for the things that he is saying. He’s a pure capitalist that sounds like he doesn’t give a F*ck about anyone or anything but money.
The mainstream media and the Obama administration have been hiding the fact that a good portion of Americans have been plunged into severe poverty by the after shocks the U.S government and the Federal Reserve policies (offshoring jobs and money printing).
American corporations lobbying(bribing) the U.S government have “sold the people down the river”. Corporations have shed more jobs in the last 10 years than ever and the citizens are the ones to suffer after decades of bad policies.
Learn how the economic machine really works with this simplified cartoon narrated by hedge fund manager Ray Dalio of Bridgewater investments.
After, you watch this short video and you take into account where the debt situation the U.S and the world is currently in, you can form a better vision of where the economy of the world will be in the next decade.
I’ve posted about the increasing income inequality in the United States many times before, and it is not getting any better.
The mainstream media would like to think that there is a recovery in jobs, recovery in income, a recovery in standard of living, but in reality the social fabric and economy of the United States is deteriorating at an alarming rate.
As of the time of the writing of this article, QuarkCoin currently sits at number 8 on the list of crypto currencies based on market capitalization. It previously was sitting at number 12, however the rising popularity of this crypto currency is partly due to the fact that there are rumours that it is going to be listed on one of the major crypto currency exchanges in China and also because the coin was covered by the Still Report#132 http://www.youtube.com/watch?v=6qXhqSy0nbg . Keep in mind that market capitalization changes daily as more people get in on the coins.
