For most Americans, the economic collapse is something that is happening to someone else. Most of us have become so isolated from each other and so self-involved that unless something is directly affecting us or a close family member than we really don’t feel it. But even though most of us enjoy a much closer relationship with our television sets than we do with our neighbors at this point, it is quickly becoming undeniable that a fundamental shift is taking place in society. Perhaps you noticed it when two or three foreclosure signs went up on your street. Or perhaps it got your attention when that nice fellow down the street lost his job, and he and his family seemingly just disappeared from the neighborhood one day. The Census Bureau made front page headlines all over the nation this week when they announced that one out of every seven Americans was living in poverty in 2009. Every single day more Americans are getting sucked out of the middle class and into soul-crushing poverty.
Unfortunately, most Americans don’t really care because it has not affected them yet.
But this year, millions more Americans will discover that the music has stopped playing and they are left without a seat at the table.
Meanwhile, neither political party has a workable solution. They just like to point fingers and blame each other.
The Democrats blame Bush for all the poverty and advocate expanding programs for the poor. Not that there is anything wrong with a safety net. But the "safety net" was never meant to hold 50 million people on Medicaid and 40 million people on food stamps. The number of Americans on food stamps has more than…
By Brendan Byrne. Originally published at ValueWalk.
Pakistan and India are suffering some of the worst tensions in recent years over continued strife in Indian-held Kashmir.
A recent militant attack on an Indian military base left 18 soldiers dead, and New Delhi has blamed Islamabad for masterminding the assault. In the aftermath, simmering tensions between the two nuclear-armed neighbors have threatened to boil over.
Image source: Wikimedia CommonsProtests and militant attack raises tensions
Anti-government protests in Indian-held Kashmir have been a massive source of controversy in recent months. More than 80 people have died in clas...
What a difference a year makes, because in the latest report by UBS wealth Management, which compiles the bank's Global Real Estate Bubble Index, it found a new champion for the title of "world's biggest housing bubble", namely a familiar name, Vancouver, but also that as many as six cities had made the "bubble" category, up from last year's two. ...
The Chinese stock market has been eerily quiet of late – is that about to change?
Outside of a record tight 2-month trading range in stocks this summer, there has been no shortage of market news, stimulus and action so far in 2016. And it has come from all over the globe, from the breakdown in U.S. stocks to begin the year, to their eventual July breakout; from the Brexit shocker to the continued struggles among European banks; and from the re-emergence of emerging markets to the re-awakening of the precious metals complex. But, speaking of re-awakening, one market that has eerily quiet this year, in our view, is China.
This is particularly so in contrast to the manner in which the Chinese stock market captivated the investment landscape over the 18 months prior. Specifically, China&rs...
China has stanched a string of defaults and speculation authorities will continue to stave off failures is leaving investors the most bullish on local junk bonds in five years, despite record maturities.
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"When you let the free market take over, the little people get screwed and bankers get rich. Chile tried privatizing retirement plans and surprise, surprise, fund manager ate the profits… Pretty sure the results would be the same here..." ~ Jean-Luc
I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold, silver and money.
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Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer. One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."
Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.
Genetic components are the DNA sequences that are 'inherited.' Some of these genes are stronger than others in their expression (e.g., eye color). Yet, some genes turn on or off due to external factors (environmental), and it is und...
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