Monday , 23 December 2024

Finance

Who Are the ‘Greater Fools” Now? (+5K Views)

Many households, financial and non-financial firms and government, may well spend the next decade in debtor’s prison having to tighten their belts to pay for the losses inflicted by a decade of reckless leverage, over-consumption and risk taking. What fools we have been for living beyond our means all these years and taking no fiscal responsibility for our future well-being in the false hope that there always would be a ‘greater fool’ out there than us. Words: 1230

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World’s 10 Best Bang-for-your-Buck Retirement Destinations (+5K Views)

With spiraling costs compelling more and more North Americans to retire overseas, retiring abroad has never been more attractive. That being said, finding the right location among the myriad options available can be daunting, and that’s what our Annual Global Retirement Index does. Below is a list of the 10 best bang-for-your buck retirement destinations on the planet.

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The Federal Reserve Literally Makes Money – Here’s How

The Federal Reserve has vowed to provide up to US$2.3 trillion in lending to support households, employers, financial markets and state and local governments struggling as a result of COVID-19 and corresponding stay-at-home orders...[but] very little of the Fed’s money actually comes from taxpayers or sales of government bonds. Most of it, in fact, emerges right out of thin air.

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