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DISCONNECT: Soaring Markets/Troubled Economies

Forget everything you learned about markets, economics and finance. Perhaps Newton, Galileo, Copernicus, Darwin, Freud, Einstein, and other noted figures were wrong. Central banks run today's world. Major ones matter most. Money printing madness controls everything. Love doesn't make the world go round. Liquidity-driven markets reflect the power of bankers to do it. They're more powerful than standing armie ...

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10 AMAZING CHARTS THAT Demonstrate The Slow, Agonizing DEATH OF THE AMERICAN WORKER

The middle class American worker is in danger of becoming an endangered species.  The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States.  In the old days, when the big corporations that dominate our society did well, that also meant good things for A ...

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8 COLLEGE DEGREES W/ The WORST RETURN ON INVESTMENT

What's more expensive than going to college? Until recently, the answer was easy: not going to college. Numerous studies over the years have shown that individuals with college degrees significantly out-earn those with high school degrees by $1 million or more over the course of a lifetime. But as the cost of education increases faster than inflation and the economy remains relatively weak, people are begin ...

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WHILE YOU STRUGGLE TO EAT: ELITE SET RECORD WITH $450,000,000 ART AUCTION

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/007144de-be3c-11e2-9b27-00144feab7de.html#ixzz2TaQ2exrc Christie’s in New York made auction history after it sold $495m of co ...

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COLLAPSE: 10 Amazing Charts That Demonstrate The Death Of The American Worker

The middle class American worker is in danger of becoming an endangered species.  The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States. In the old days, when the big corporations that dominate our society did well, that also meant good things for Am ...

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BUGGING OUT vs HUNKERING DOWN

The very idea of leaving the security of your home to “bug out” to the woods has never sat well with me – In nearly every instance it’s better to hunker down or “bug in” than to bug out. I mean, why leave the safety and familiar surroundings of your home, for the open and unforgiving wilderness. For many people this is their first line of preparation against disaster, unfortunately, most will end up joining ...

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SENATE SUBCOMITTEE INVESTIGATING APPLE’S Offshore Tax Practices, TURNS BLIND EYE TO SLAVE LABOR

In lieu of the recent IRS scandal it might seem a little like a case of the pot calling the kettle black. Nevertheless, it looks like Apple CEO Tim Cook will be appearing in front of the Senate Permanent Subcommittee on Investigations on Tuesday, May 21, to explain why the company is borrowing money to pay investors when they have $102 billion in offshore funds. As of March 2013 Apple reported having a tota ...

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BP And Shell Raided After Allegations They Colluded To Rig Oil Prices

The London offices of BP and Shell have been raided by European regulators investigating allegations they have "colluded" to rig oil prices for more than a decade. The European commission said its officers carried out "unannounced inspections" at several oil companies in London, the Netherlands and Norway to investigate claims they may have "colluded in reporting distorted prices to a price reporting agency ...

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OUT OF OPTIONS: Detroit On The Verge Of Financial Collapse

An emergency review team’s report on Detroit describes a city on the verge of collapse -- too inflexible to restructure itself, unable to explain why its budget forecasts are routinely wrong and no longer capable of papering over its crisis by taking out loans. How bad is it? • As far back as 2005, the city’s general fund has operated at annual deficits ranging from $155.4 million to $221.9 million. The pri ...

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