The next few days will be very telling for the Fed and its quantitative easing program.
It’s no secret that national economies across the globe have had a particularly trying decade, as Recession that rocked the United States and continued uncertainty in the Eurozone have left millions of people in worse financial situations than they had been, even before the most recent administration.
It’s yet another example of poor governance, especially during a time when much-needed economic reforms are going unheeded.
The U.S. global surveillance leaks exposed by ex-NSA contractor Edward Snowden continue to accumulate, according to the latest release from The Guardian, a U.K.-based news publication.
Americans have begun to assume that another leak related to the nation’s surveillance network is just around the corner and, this week, folks with that mindset were not disappointed.
Staying informed in today’s complex global economy is vital for investment success, but there are other ways to make money in an environment where much-needed reforms are ignored by world governments.
There is little doubt that underwater mortgages – those that are worth less than the current value of the home they are attached to – are a serious problem in the United States.
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This latest political headache comes just weeks before President Barack Obama is scheduled to visit Berlin and hold talks with Merkel. Even top-level ministers in the German coalition government are speaking out against what they call a return to Soviet-era surveillance practices.