Eric Cantor's primary loss last week didn't just shake up Washington; it also sent chills down the spine of Wall Street, with stocks ending the week down. Sadly, the reasoning goes beyond the uncertainty created by the leadership shakeup, and speaks directly to the fallacy that is our current "free market" economy. Here's what you should know about today's unseemly relationship between Washington and Wall Street.
With "official" rates for inflation relatively low, hardly a week goes by without a financial figure warning about the risks of deflation. WE'VE HAD IT. It's time for someone to ask the logical question: Why does Wall Street so desperately want to maintain high inflation? Find out here, and what it means for you.
As Ukraine's economy continues to struggle, with a currency that is now virtually worthless, we question if the U.S. is dangerously close to following in the same footsteps as the country formerly part of the Soviet Union. Read further here.