marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
savings
04/07/2023
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By Ramon Tomey
Google tightens belt, implements cost-cutting measures like removing snack bars and staplers
Search engine giant Google has begun implementing cost-cutting measures, as confirmed by the company’s chief financial officer. Google CFO Ruth Porat broke the news in a March 31 email sent to all employees of the Mountain View, California-based technology firm. Her email said the cost-cutting measures aimed to “deliver durable savings through improved velocity and […]
01/11/2023
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By Kevin Hughes
Economists predict US economy to enter RECESSION in 2023
Two-thirds of leading economists from the U.S.’s biggest financial institutions predict an economic recession in 2023, according to a survey by the Wall Street Journal (WSJ). The survey that polled 23 principal economists alongside other pundits from Barclays, Bank of America, TD Securities and UBS Group outlined the warning signs of an incoming recession. Decreasing […]
11/01/2022
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By Mary Villareal
Monthly expenses of Americans have now outpaced their personal income growth, says NRI exec
The monthly expenses of Americans have now outpaced their personal income growth. This was according to Kristi Rodriguez, senior vice president of the Nationwide Retirement Institute (NRI), which provides expertise and resources on retirement planning concepts that include Social Security optimization, healthcare and long-term care considerations and tax-efficient retirement income. “Households are spending more, not as much […]
09/07/2022
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By Mary Villareal
The Right Side with Doug Billings: Invest in gold and silver during inflation, says Bob Reid – Brighteon.TV
Financial security expert Bob Reid joined Doug Billings on “The Right Side” to discuss investing in gold and silver, amid soaring inflation caused by the Biden administration’s bad fiscal policies. Reid pointed out on the Brighteon.TV program’s Aug. 30 edition that most people will be deterred by the thought of investing in these precious metals. […]
08/05/2022
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By Cassie B.
More Americans are living paycheck to paycheck as inflation persists
A recent report shows that almost two thirds of Americans are now living paycheck to paycheck, with even the nation’s top earners being stretched thin thanks to rising inflation and increased costs. The new LendingClub report found that as of June, 61 percent of Americans are now living paycheck to paycheck, up from the 58 […]
06/30/2022
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By Mary Villareal
Age of un-retirement: Former retirees getting back to work as inflation gets worse
Former retirees are joining the workforce once more as inflation becomes worse, in a trend dubbed as “un-retirement.” An April 2022 report from the Indeed Hiring Lab revealed that around 1.7 million people who retired in 2021 rejoined the workforce by March 2022. Its findings indicated that labor force is heading back to pre-pandemic levels. […]
12/08/2021
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By Cassie B.
Americans are hoarding cash in record numbers, but inflation is causing the value of savings to drop
Americans have been increasingly hoarding cash due to economic uncertainty spurred by the COVID-19 pandemic, and experts are warning that the value of these savings are diminishing thanks to rising inflation. The funds that many people have amassed in savings throughout the pandemic are significantly more than the three to six months of emergency savings […]
08/10/2021
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By Mary Villareal
Social Security Administration will go bankrupt by 2035
The Social Security Administration has estimated that it will go bankrupt by 2035 unless changes are made to the funding of the system. As baby boomers retire, those receiving benefits via social security will swell while fewer people will be paying taxes due to demographic changes. With social security benefits being funded by the payroll tax, […]
04/08/2020
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By Cassie B.
Sixty percent of Americans won’t be able to cover basic necessities in a month or less because of the quarantine
America is dramatically unprepared for the economic shutdown we’re currently facing as the nation grapples with coronavirus, and one recent survey illustrates just how serious the problem is. When the Society for Human Research Management surveyed American workers from March 12 to 16, they found that 60 percent of respondents would not be able to […]
03/25/2020
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By JD Heyes
Coronavirus lays bare the fact that Americans don’t save and are NEVER prepared for financial disruptions
Nobody saw the Wuhan coronavirus (COVID-19) coming, per se. Yes, the Chinese government was well aware that it had a (another) novel coronavirus outbreak on its hands weeks before President Xi Jinping and his Communist cohorts decided to let the rest of the world know about it, that’s true. But no one could foretell when […]
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