For most, the thought of having one’s retirement account wiped out is almost nightmarish, to put it bluntly. The reason should be quite obvious; what rational human being would want to accumulate their hard-earned savings over several decades of labor, to then one day find out that all the money saved up from this labor is now gone? For Read More…
Economy
7 Out of 10 Americans Agree That Economy is Rigged Against Them
Recent poll finds 71 percent of Americans believe U.S. economy is rigged. A new Marketplace-Edison Research poll published Tuesday found that a full 71 percent of respondents agree that the economy is rigged, affirming the popular rhetoric of the current presidential campaign season. The majority opinion held firm across ethnicity, class, age, and gender differences. Read More…
Standing on Backs of Global Poor, Filthy Rich Getting Even Filthier
‘For every person with more than $30 million, there are over 4800 people living in extreme poverty.’ The wealth gap keeps growing as the world’s richest get richer at the expense of the poor, according to a new study released this week by an alliance of major organizations. The World Wealth Report from Oxfam, Greenpeace, and Read More…
By 2025, Norway Will BAN The Sale Of Diesel And Gas
All cars sold after 2025 in Norway are to be emissions-free, according to a new energy plan signed by the country’s four major political parties. According to the headline of Norwegian newspaper Dagens Næringsliv, the country’s four major political parties have signed on to an energy policy plan that will ban diesel and gas by the year 2025. Read More…
Is Ethereum The Next Big Thing?
For a majority of the world’s population, cryptocurrency and blockchain technologies are still completely unknown terms, let alone ideas that people have any coherent understanding of in regards to how they work and what they mean for the future. For those who have at least heard of the concepts, Bitcoin is often their only reference Read More…
Reshaping Geopolitics: Breaking Down The Current “Free Trade” Deals
For many people still unaware, there are a variety of “free trade” deals being negotiated and worked on between various swaths of countries all over the world. As we have reported on several times at The Last American Vagabond, TPP is one of those under the radar trade deals that is attempting to be passed Read More…