What is happening right now reminds me of the heady dot-com bubble days of 1997-2002 and maniacal times that preceded the 2008 meltdown. Both events ended in a bloodbath for investors, and so might the one we are in right now. The common theme throughout has been the investors' herd behaviour.
The top 10 richest Sports Events in the World. I have applied the 'Total Prize Money' filter to draw this list together. Just for clarity: a) Figures in the brackets indicate the 'Prize pool' for the whole tournament and b) all figures are for the most recently held tournaments.
Staying out of debt should be your paramount obsession. It has become mine over the last few years. Last year, a personal situation left my financial plans in tatters. The unpredictable nature of life had hit me in the face. The only reaction I could think of, while still reeling under the impending demands, was … Continue reading 6 Simple Ways to Stay Ahead of Debt
Book review of Rana Foroohar's 'Makers and Takers: How Wall Street destroyed Main Street'. She shows in her new book how financial greed came to disengage the economy of the vast majority of the population from the Wall Street economy - the economy that belongs to the top 1%.
"The charm of history and its enigmatic lesson consist in the fact that from age to age, nothing changes and yet everything is completely different." - Aldous Huxley 'The Ascent of Money' is a scintillating journey tracking the evolution of money from the erstwhile Babylonian clay tablets to the exotic financial instruments of modern day. … Continue reading The Ascent of Money