Queens Jewish Link
Connecting the Queens Jewish Community Things are looking up in New York and so are New Yorkers, and if the experts are right, they’ll...
It’s possible that a story that made headlines in early February will be forgotten by the time you read this. But it’s also possible that it will be a turning point, and a development with major implications for the stock and bond markets, inflation, and everything related to the economy. Fasten your seat belts – just in case.
Is America sliding toward bankruptcy? A lot of people were asking this question when the US reached its debt limit, the maximum amount of money the Treasury can borrow to pay its bills. This problem is one that millions of people understand from firsthand experience: The bills keep mounting, there’s not enough money to pay them, and people keep falling further behind. This is bad enough when it happens to individuals; when entire countries are in this predicament, it’s much worse.
Twelve years ago, a catastrophic event made headlines around the world, and now it’s in the news again. But there’s one important difference: 12 years ago, millions were frightened by what could happen; now they’re frightened by what is happening.
Here’s a glimpse into the future: Families will have fewer children, wait longer to have them, and their current lifestyles will give way to new ones.
These are not the predictions of a fortune teller. They are the conclusions of an NBC News analysis of data just released by the National Center for Health Statistics and other official statistics.
There’s a saying that money goes to money, and Bill Gates is proof of this. He is widely considered one of the greatest entrepreneurs and investors in our era. For many years he was the richest person in the world; although he no longer holds this title, he remains one of the richest.
Are Bitcoin and some other digital currencies survivors, capable of withstanding intense market pressures? Or are they among the last of a dying breed?
Investors interested in cryptocurrencies are asking this question - and with good reason. Thousands of crypto coins have faded into history over the years, and nearly all of the others are on the ropes now. And what happens to them ultimately could impact heavily on stocks and other assets.
