The United States is close to being $20 trillion in debt! That's right, sometime in the next few weeks the US national debt will hit $20 trillion. The Durst and National Debt clocks have been used to estimate the national debt. They differ slightly. More
It is hard to believe the market may hit 20,000 soon! The Dow Jones Industrial Average has increased 150% since President Obama took office. On January 20 2009 the market index was 7,949.09. Yesterday it closed at 19,852.24. This is an average of 18.7%. Why has the increase been so great? Here are several More
Ever wonder how companies that give their product away earn money? Several years ago, Red Hat launched and provided open source software. How could they make money? Presently social media companies that give their application away baffle me. Our British contributor explains how companies like Snap, Inc. (Snapchat) intend to earn a profit. More
Would you deposit your savings in a bank if they charged you to keep your money safe and did not pay you any interest? If not, what would you do with your funds? On August 16, 2016 Raiffeisenbank Gmund am Tegernsee, a small community bank in Germany began to charge their depositors 0.4% instead of paying them interest. (CNN Money, Aug 16. 2016) That’s right, if you deposited €100,000 with them, they would charge you €400! More
