On this week’s FTMWeekly Financial Radio Show, Economist and Author Jerry Robinson explains how you can achieve financial independence. He talks about the Five Levels to Financial Freedom that he has created and explains how you can apply them step by step your current financial situation.
Almost three years after Bloomberg LP requested details on the emergency bank loans given out by the Federal Reserve at the height of the economic crisis, the records are finally being delivered.
Wal-Mart CEO, Bill Simon, is sounding the alarm of what he is calling a coming wave of “serious” inflation that he says will strike U.S. consumers in the coming months. f
In 2010, the Russian MICEX Index has returned over 22%. And now in 2011, the index is already up 15%.
(In contrast, China is up only 5% so far this year. Brazil is down around 2% for the year while India has lost 10% so this year.)
So what’s behind Russia’s recent and dramatic rise?
When my daughter was younger, I used to offer her 25 cents for every item that she could find in our local Wal-Mart store that was not “made in China,” or some other Asian nation. Needless to say, she rarely walked out of the store with any money.
Will the Euro survive? Or will the Euro collapse? There are a lot of questions swirling around the debt-ridden Eurozone. Before I tell you my thoughts, let’s take a brief look at how all of this mess got started.
by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 24 – In a move that some right wing bloggers are referring to as “economic terrorism,” a former president of the SEIU (Service Employees International Union), Stephen Lerner, gave a talk at Pace University recently where he proposed a plan to destabilize certain Wall Street […]
What would happen if the U.S. Dollar were suddenly dropped as the world’s reserve currency? Here are 7 economic consequences of a dollar collapse.
by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 21 – As the fighting in Libya continues to take a toll on the civilian population there, the United States and her allies are entering the third day of their offensive to enforce a no fly zone over parts of the North African nation. President […]
by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 16 – The accident began with reactor number 2 and quickly became a critical situation, with the plant facing at least a partial nuclear meltdown. The local population was given conflicting reports about what was happening at first and it took a while until the […]
The global financial markets continue their tailspin today in the wake of the devastating quake and tsunami which struck the world’s third largest economy last week.
How will the earthquake affect the Japanese economy? Should you be considering an investment in the wake of the disaster? Here’s what you need to know.
Over the last few episodes of financial strategies I have been talking about why cash value life insurance should be considered when developing a persons overall retirement planning strategy. So today, I want to continue by talking about different ways of taking the money out of your cash value life insurance policy and the rules to e
by Jerry Robinson Bad News Weighs on the Financial Markets… Bad economic reports from China, Spain, and the U.S., sent stocks tumbling on Thursday to their biggest one day point drop since in five months. First, U.S. investors did not quite know how to respond to a surprise Chinese trade deficit from the month of […]
In a move which is making a number of countries in the region nervous, the People’s Republic of China announced recently that it was increasing military spending by 12.7% this year.
The Slow Death of the Dollar… In section C of yesterday’s Wall Street Journal, the paper spent several pages on the topic of global currencies.
You walk up to the gas pump and check the price. $7.94 per gallon the meter reads. You shrug and begin to fill up your tank, watching in numbed silence as the numbers race by. By the time you’re done, the total cost to fill up your tank of gas is $238.20. A fantasy?
For decades the dollar has served as the world’s main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here’s why—and what it will mean for international markets and companies.
There was something truly sad in watching the interview that Libyan dictator Muammar Gaddafi recently gave to Christiane Amanpour. He met with her and two other journalists in the lobby of a local hotel in Tripoli, apparently unafraid of possible assassination attempts.
In the news this morning: A new GAO report shows massive overlap in government spending, more Mideast news, and more…
The world has been watching and waiting to see what would happen with the Middle East Crisis for the past few weeks now, ever since Tunisia managed to overthrow their leader and declare an age of democracy in that country.
Is now the time to be investing in natural gas? I’d have to say that it definitely is. I think the biggest reason why natural gas is set for an explosion in prices (no pun intended) is what’s been happening in my neck of the woods.
In Israel, the heat is on… In a rare turn of events, the U.S. has told Arab governments that it will stand in agreement with them in issuing a U.N. Security Council.
Today, President Obama delivered his proposed 2012 budget to Congress… Total: $3.73 trillion in Federal spending for fiscal year 2012… Includes spending cuts and tax increases…
Did President Obama’s speech comfort and inspire you or did it increase your concerns about our country’s future?