Economists are calling it a correction, critics are calling it a disaster and Japanese government officials are calling it a transitory effect of so-called “Abenomics,” a fiscal and monetary methodology that mimics many of the efforts undertaken by the U.S. government and the Federal Reserve.
Cyprus was forced to “bail-in” its banks after international scrutiny exposed unsustainable debt-to-asset levels and provoked Russian investors into pulling their money out for good.
The last few months have seen a dizzying amount of activity out of the Bank of Japan (BOJ), the island nation’s central banking authority.
Will this industry rejection imperil the future of Obamacare?
Independent-minded Americans should consider alternative ways to generate real income that are stable in a risky investment environment, especially if those folks are nearing retirement.
In recent days, we’ve covered some of the more public scandals surrounding the Obama administration, including the IRS and Justice Department debacles.
President Barack Obama’s trio of scandals continues to develop, as new insights into the IRS debacle continue to come forward.
NBC broke the story on May 17, reporting that despite Congressional oversight regarding the controversy, the IRS decided to withhold the facts until much later.