Editor: Vladimir Bajic | Tactical Investor Gallup poll indicates Millennials are costing the U.S. economy more than $376 billion a year The poll found that between 2008 and 2015, the economy lost approximately $949 million per day and $346.4 billion a year due to the lack of millennials spending money. An additional $30.5 billion was lost … Read more
They don’t want to hold onto worthless paper that the Fed can create whenever it so wishes. China could have been paying down debt; another way to put this money to good use, instead of holding it while the U.S continues to inflate the supplies of dollars at a mindboggling rate. Finally, Money was … Read more
Without Savings: Retirement ” Markets are systematically driven by good and bad news. As the media outlets are controlled, one has to assume that all financially related news is purposely hyped up to create a soap opera-like moment. Forget the news and focus on the trend. Always remember that misery like stupidity loves company. We covered … Read more
Editor: Vladimir Bajic | Tactical Investor Western Companies Cheat Africa Africa was cheated out of US$11bn in 2010 through just one of the tricks used by multinational companies to reduce tax bills, according to new Oxfam report, ‘Africa: Rising for the few.’ This is equivalent to more than six times the amount needed to deliver … Read more
Male vs Female Investors: Do They Have Different Mindsets The following article makes for a compelling read and so I thought I would highlight an excerpt of this article before getting to the story at hand: Amid its biggest about-face in nine decades, a funny thing has happened in the U.S. stock market. Rather than … Read more
Flint Water Crisis In the Flint water crisis, it has been reported that manslaughter charges may be possible. The Flint water crisis refers to the situation in Flint, Michigan, where the city’s water supply became contaminated with lead after a change in the water source in 2014. The switch in the water source led to … Read more
Netherlands to Ban Gasoline-Powered Cars In a bold move towards sustainable transportation, the Netherlands is set to ban gasoline-powered cars by 2025. This ambitious decision marks a significant milestone in the country’s commitment to combatting climate change and reducing carbon emissions. The Netherlands aims to accelerate the transition towards electric vehicles (EVs) and other clean … Read more
Fossil Fuel Divestment The theory put forward that fossil fuels, fuel (no pun intended) global warming are spooky science at its best. Fossil fuels do contribute to pollution when used in an uncontrolled manner, but with the improvements, technology has brought to us, one can burn coal and oil very efficiently and leave a … Read more
VA Health Executives Defraud Vets First, the VA inspector general’s office discovered that more than 307,000 veterans died while waiting for medical attention. The VA’s inspector general discovered that out of about more than 307,000 records belonged to veterans who died while waiting for their treatments to be authorised. Imagine sacrificing their life to keep … Read more
The Perils of Negative Interest Rates Updated Jan 2023 Lagarde’s recent comments on the global economy have stirred up controversy, as she boldly stated that negative interest rates could be beneficial. However, she may have overlooked the impact of such policies on individuals with fixed incomes. For those individuals, even a small shift in rates … Read more
