How we lost 1.3 million households from 2008 to 2009. Preliminary Census data is now coming out showing the effects of the recession on a macro scale.  The 2008 Census figures don’t highlight the deep capital loss that was experienced by middle class families over the last two years.  We now ...

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U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff By Laurence Kotlikoff Bloomberg Opinion Aug. 11 (Bloomberg) — Laurence Kotlikoff, an economics professor at Boston University, talks about the state of the U.S. economy. Kotlikoff speaks with Erik Schatzker on ...

In March 2010, ScienceDaily published a story about an intriguing report investigating the connection between stock-market activity and the frequency of heart attacks. The researchers, a team from Duke University Medical Center, discovered an increased incidence of cardiac arrest in the United S...

From www.mybudget360.com Most Americans realize that having a job is a prerequisite to gaining entrance into the middle class.  If you work hard enough, chances are you would have access to some of the things promised to the middle class; access to affordable housing, a good education, and the a...

The Great American Un-Recovery Posted by mybudget360 The economic profession and bankers on Wall Street have taken a hit to their credibility with missing the biggest recession since the Great Depression.  It is understandable for the average person on the street to miss something as nuanced as a...

Article by mybudget360 On Friday the grim reality of more job losses for Americans was plastered across headlines.  What makes this even more distressing is this is occurring during what is supposed to be a recovery.  Yet most Americans realize that there is no recovery outside of Wall Street. ...

Stress Test: How to Find the Safest Banks in the U.S. and Abroad August 3, 2010 By Elliott Wave International Stress test results for the biggest European banks were recently released, while the largest U.S. banks took their first stress tests in May 2009. But mos...

Here is an interesting development that Michael Hampton from Global Edge Investors and Green Energy Investors alerted me to. There was a Coronal Mass Eruption (rare solar event) that took place two days ago (August 1, 2010) and the impact should be felt here at anytime (if there is any impact that ...

This formation is called an ascending broadening wedge because it is similar to a rising wedge formation and has a broadening price pattern. While symmetrical broadening formations have a price pattern that revolves about a horizontal price axis, the ascending broadening wedge is different from a ri...