World economies at war: How a shift to deglobalization will cost you in your wallet
There has been a general consensus for at least the last 30 years that, whether we like it or not, we live in a globalized world and our national economies are ever more intertwined and interdependent.
Why money isn’t really money any more — and what you need to do with yours to keep it safe
Money ain’t what it used to be. I find most people don’t know what money actually is, how it works and who actually owns it. That ignorance could prove to be bad news for your wallet.
The problem with buybacks: Let’s take a closer look at who profits — and who doesn’t — when companies buy their own shares
When famed investor Warren Buffett recently said, “when you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue” I thought, I might be tempted to espouse similar views if I too controlled a stock portfolio worth $325-billion — of which $100-billion accrued to me personally.
Blame for U.S. banking crisis can be pinned on a decades-long reckless monetary policy
To raise or not to raise? That was the question at the U.S. Federal Reserve’s March 22 policy meeting. And whether it was nobler in their minds to raise interest rates a quarter point and suffer a worsening banking crisis or to pause and admit the fight to contain inflation was effectively lost. Whatever direction they went, they were damned if they did and damned if they didn’t.
How credit card companies are fuelling your debt bondage
Thankfully, we live in an age where lenders can’t demand a literal pound of flesh if you default on a loan — but sometimes it sure feels like they can.
The financial media has become a Wild West of misinformation — why aren’t there laws to rein it in?
Fake news! Everyone is complaining about it. No matter if you are politically left or right leaning, we’ve all expressed our dissatisfaction with news stories relating to topics centred around politics, climate change or the pandemic.