America’s middle class officially no longer the majority as income disparity increases
America’s fabled middle class – the backbone of the country – is no longer the majority, as of 2015, according to a new study by the Pew Research Center. In the early 1970s, the middle class made up 61 percent of the population. A steady decline since then has led to the current level of Read More
Robot revolution: Are you ready to lose your job?
The robot revolution is no longer a matter of what or how, but a matter of when. And it’s just a matter of 20 more years before we could be losing our jobs to more cost-efficient, and presumably, smarter artificial intelligence. Robots and artificial intelligence could boost productivity by 30% and cut costs by 90% Read More
Hilarious propaganda from Marketwatch: When markets keep crashing, “DON’T SELL!”
Well, this is awkward. As the new year began, the 20th largest bank on the planet issued a dire financial warning to investor clients advising them to “sell everything” and prepare for a “cataclysmic” 2016. “Sell everything except high quality bonds,” warned Andrew Roberts, the bank’s credit chief. As reported by CNNMoney: [Roberts] said the Read More
