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Why Don't Billionaires Pay the Same High Tax Rates the Rest of Us Pay? – Investment Watch

Why Don't Billionaires Pay the Same High Tax Rates the Rest of Us Pay? – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

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America Is a Moral Cesspool, and Student Loans Prove It – Investment Watch

If America somehow managed to educate millions of college students without burdening them with $2 trillion in debt in 1993, why is it now “impossible” to do so, even as America’s wealth and gross national product (GDP) have both rocketed higher over the past 27 years?
Predators thrive on Americans’ short memories. Student loans in their present scale did not exist prior to 1994. According to the Federal Reserve FRED database, the student loan balance was zero in 1993.
From zero in 1993 to $1.728 trillion in 2021: this is the predatory financialization of higher education which has enriched lenders, Wall Street and the Higher Education Cartel. As I’ve noted before, such parasitic rapaciousness would have been criminal a few generations ago; now it’s cheered as a reliable source of profits by Wall Street and treated as ....

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Charles Hugh Smith: America Has Lost the Trade War with China, and the Real Pain Has Yet to Begin – Investment Watch

Charles Hugh Smith: America Has Lost the Trade War with China, and the Real Pain Has Yet to Begin – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

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Big Tech: "Our Terms Have Changed" – Investment Watch

So go ahead and say whatever you want around all your networked devices, but don’t be surprised if bad things start happening.
I received another “Our Terms Have Changed” email from a Big Tech quasi-monopoly, and for a change I actually read this one. It was a revelation on multiple fronts. I’m reprinting it here for your reading pleasure:
We wanted to let you know that we recently updated our Conditions of Use.
What hasn’t changed:
Your use constitutes your agreement to our Conditions of Use.
We own all the content you create on our platform, devices and networks, and are free to monetize it by any means we choose. ....

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Here's Why America's Labor-Shortage Will Drive Inflation Higher – Investment Watch

Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill.
America’s labor shortage is complex and doesn’t lend itself to the simplistic expectations favored by media talking heads. The Wall Street cheerleaders extol the virtues of “getting America back to work” which is Wall-Street-speak for
getting back to exploiting workers to maximize corporate profits.
Long-term demographics have combined with cultural changes and Covid-Lockdown epiphanies to completely re-order America’s labor force beneath the superficial surface of “re-opening.” No one post can do justice to such a complex topic, so I’ll touch on a few of the many inter-connected (and often mutually reinforcing) dynamics. ....

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