Sunday , 20 September 2020


Economy

How Much Does Drug Use Cost An Addict, the Economy & YOU?

Drug addiction ravages the health of the body and mind, but it can also be ruinous to the wallet of an addict. In addition, substance abuse wreaks havoc on U.S. businesses, affecting workers’ health and productivity (2 in 3 addicts are employed and 1 in 12 users are full-time workers). This article looks at the financial costs of a typical drug habit, the cost of rehab, the cost to the economy at large and the cost to the average American in allotted taxes - ouch!

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What Could – What Will – Pop This “Money Bubble”? (+2K Views)

There is too much debt. Debt works the same way for a country as it works for an individual or a family, which is to say if you borrow too much, then your life basically craters. Everything gets harder to do, and you end up doing things in order to deal with your past mistakes that you would never do normally. You start trying absolutely crazy things, and that’s where the world’s governments are right now. We are doing all these things that are essentially con games and getting away with it so far, because a printing press is a great tool for fooling people. I don’t see how we can get away with it too much longer.

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Bitcoin: the Ins and Outs Of Everyday Use & What the Future Holds

Bitcoin is a decentralized, global, peer-to-peer, digital, online currency but, that said, most are unsure whether or not it is the future of currency and unaware of the potentially massive impacts this crypto-currency holds. The infographic below shows you the ins and outs of everyday Bitcoin use as a way to save money and provide more autonomy in your financial transactions.

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Inflation or Deflation: Are We Approaching the Tipping Point?

Might our Inflation-Deflation Watch be suggesting a breakout in asset price inflation is about to take place? Could it, in fact, be presaging the start of John William’s hyper inflationary depression in which prices rise exponentially even in light of massive unemployment and bankruptcies? This article analyzes the situation.

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Which Has More Upside: Bitcoin or Gold?

For thousands of years, gold has been the international currency, and for good reason. Gold is a substance that is in high demand and there is a finite amount that can be produced. Bitcoin, through cryptography, was created on these very principles. Bitcoin must be mined, is in high demand, and there is only a finite amount that is available – just like gold. Let's take a closer look at the relationship between bitcoin and gold in this extremely informative infographic.

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