By Michael Snyder Those that watched their stocks steadily increase in value for years are now seeing all of that “wealth” disappear at a staggering pace. The only way you actually make money in the stock market is if you get out in time, and many Americans are discovering that all or most of … Continue reading
The second largest stock market in the entire world is collapsing right in front of our eyes. By Michael Snyder Since hitting a peak in June, the most important Chinese stock market index has plummeted by well over 20 percent, and more than 3 trillion dollars of “paper wealth” has been wiped out. Of course … Continue reading
Amidst a raft of allegations of political manipulation, including aiding the overthrow of Yemen’s government last month, a report presented to the United Nations Security council on Tuesday said that Yemen’s former president, Ali Abdullah Saleh, has amassed a personal fortune of up to $64 billion. The report — quoting unnamed government sources and was compiled by a panel of … Continue reading