Category Archives: Economics

The real economy

What does the financial services industry actually do? Financial intermediaries primarily deal with each other by moving money around in complex transactions, to a large extent through securitization, in which assets are transformed into securities and resold countless times. By … Continue reading

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H-1B visas screwing US

Not only have tech giants like Apple and Google engaged in what a federal court called an “overarching conspiracy” to prevent wage competition, but Silicon Valley firms also abuse H-1B visas to bring in immigrant competition at lower wages, a … Continue reading

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Amazon Job Killer

Last week, the National Academies of Sciences, Engineering and Medicine released a broad report spelling out the expected impact of automation on productivity, employment and income. While new technologies have always posed a threat to specific jobs, “simultaneous automation of a … Continue reading

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Future of the Coal Industry

The Coal Industry Isn’t Coming Back By MICHAEL E. WEBBER NOV. 15, 2016 Austin, Tex. — Donald J. Trump made many important campaign promises on his way to victory. But saving coal is one promise he won’t be able to keep. … Continue reading

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One in seven Americans lives below the poverty line…

Could it happen to you? Meet the average Americans forced into poverty by accidents, ill-health or tragic misfortune in searing photo essay exploring the crisis of the country’s hidden poor While one in every seven Americans lives below the US … Continue reading

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The new economy 1099

Rocky stock markets currently resemble a “game of chance” as “nobody knows” where they will go from here, billionaire investor Mark Cuban said Wednesday. Continue reading

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Obama economy

DES MOINES, Iowa (AP) — Food banks across the country are seeing a rising demand for free groceries despite the growing economy, leading some charities to reduce the amount of food they offer each family. Continue reading

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GOOD Advice

IdaTarbell1 2:56 PM EDT [Edited] Drop cable/Sat and your home phone, keep at least 1 meg of internet speed, replace phone with a voip phone from the net that is better than your home phone with no number in the … Continue reading

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Robots – screwing US

Robots to replace almost half of jobs over next 20 years: expert Forty-seven per cent of jobs in the US will be overtaken by computers in the next decade or two, according to research. Photo: Generic Thinkstock History is full … Continue reading

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H-1B visas screwing US

Not only have tech giants like Apple and Google engaged in what a federal court called an “overarching conspiracy” to prevent wage competition, but Silicon Valley firms also abuse H-1B visas to bring in immigrant competition at lower wages, a … Continue reading

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