25 July, 2015 by The TZ Newswire Staff Comments Off on Should You Buy A House?
Should You Buy A House?
Submitted by Ramsey Su via Acting-Man.com,
Why Buy a House?
Examining the reasons to buy a house today may give us some idea where the housing market is heading in the future.
There are three reasons to buy a house:
Reason 1 – Utility
A house (any dwelling) is a shelter. It provides enjoyment, a home to raise one’s family, or just a place to watch that big screen TV. Utility is not quantifiable and it differs from household to household.
25 July, 2015 by The TZ Newswire Staff Comments Off on Presenting The Most Ridiculous Things Ever Bought By Billionaires
Presenting The Most Ridiculous Things Ever Bought By Billionaires
Despite the protestations of an indignant Ben Bernanke, seven years of global QE have not only failed to ignite the illusory “trickle down” wealth effect but have in fact served to widen the gap between the rich and the poor the world over.
The explanation for this phenomenon is simple: when you deliberately inflate the value of the assets most likely to be concentrated in the hands of the wealthy, the class divide will grow in lockstep.
25 July, 2015 by The TZ Newswire Staff Comments Off on More Than Half of All Americans Could Be Set Up for Financial Disappointment — Here’s Why
More Than Half of All Americans Could Be Set Up for Financial Disappointment — Here’s Why
Based on data from this recent survey, more than half of all Americans may be in big financial trouble because of their avoidance of this investment tool.
25 July, 2015 by The TZ Newswire Staff Comments Off on Teva in talks to buy Allergan big generic-drug unit: WSJ
Teva in talks to buy Allergan big generic-drug unit: WSJ
Israeli drug maker Teva Pharmaceutical Industries Ltd is in talks to combine with Allergan Plc’s big generic-drug business, the Wall Street Journal reported on Saturday, citing people familiar with the …
25 July, 2015 by The TZ Newswire Staff Comments Off on Corporate Credit Crashing: Waiting On The Rest Of The Herd
Corporate Credit Crashing: Waiting On The Rest Of The Herd
25 July, 2015 by The TZ Newswire Staff Comments Off on In Key Decision, Junk-Rated Chicago’s Pension Reform Bid Ruled Unconstitutional
In Key Decision, Junk-Rated Chicago’s Pension Reform Bid Ruled Unconstitutional
On Thursday, we previewed a critical court ruling involving Chicago mayor Rahm Emanuel’s effort to cut pension expenses and plug a yawning budget gap. Here’s a brief recap of the story so far:
25 July, 2015 by The TZ Newswire Staff Comments Off on Abenomics End Game: Thousands Protest In Downtown Tokyo, Demand Abe’s Resignation As PM Disapproval Soars
Abenomics End Game: Thousands Protest In Downtown Tokyo, Demand Abe’s Resignation As PM Disapproval Soars
Considering that Shinzo Abe’s first reign as prime minister of Japan lasted precisely one year from September 26, 2006 until September 26 of the following year, when he voluntarily resigned due to diarrhea, the fact that he has managed to stay in power for nearly 3 years since ascending to power for the second time in December 2012 and unleashing the currency-crushing and market-surging policy of unprecedented debt and deficit monetization known as “Abenomics” is quite impressive.