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The Forgotten Depression tells of the slump of 1920-21: high unemployment, collapse in commodity prices, upsurge in bankruptcies and sharp break in stock prices. However, unlike the Great Depression, the 1920 affair was over in 18 months. What explains its brevity? James Grant, publisher of the prestigious Grant’s Interest Rate Observer, tells the story of […]

Between student loan debt projected to hit $17 trillion (the same today’s US GDP) by 2030, and the fact that over 40% of student borrowers aren’t making any payments on their loans, the table is already set for a new financial crisis of epic proportions. Of course, current college students who are taking on student […]

Submitted by Jim Quinn via The Burning Platform blog, Two charts revealing how stupid the average American remains. Despite what should have been a once in lifetime lesson from 2005 through 2010 on the dangers of excessive leverage, dumbass Americans have been led like sheep to slaughter again by the Wall Street cabal, Madison Avenue […]

When it comes to Ron Paul’s feelings about Donald Trump, he has made it quite clear what he thinks in the past: Sorry…Trump’s Not Really An Outsider https://t.co/9TXSltEFMM pic.twitter.com/gH4BgrZL4u — Ron Paul (@RonPaul) March 21, 2016 As Paul added, Donald Trump is shrewd and really wants to sell himself as an outsider. He understands how […]Read More

As we’ve chronicled the pure insanity that has been taking place in the real estate market, most recently with the revelation that for just $499,000 one could be the proud owner of a 20-by-97 foot lot with a “house” on it in Brooklyn, we continue to be amazed at what we find. Now we learn […]Read More

Bukola Saraki President of the Senate, Dr. Abubakar Bukola Saraki, has commiserated with the Senator representing Ondo Central Senatorial District, Senator Tayo Alasoadura, over the death of his wife, Mrs. Adetayo Alasoadura on Thursday. Saraki, who led a Senate delegation including the Senate Leader, Senator Ali Ndume on a condolence visit to Alasoadura’s residence in […]

Share on Facebook Tweet on Twitter Nigeria’s biggest opposition party, the Peoples Democratic Party, said on Saturday that its National Convention holding in Port Harcourt had been suspended. “This is to inform our supporters nationwide, all the delegates to the National Convention in Port-Harcourt, Rivers State that the National Convention has been suspended,” the party […]

Buhari Receives Ambode in Abuja The Lagos State Government announced on Saturday that President Muhammadu Buhari would make his first official visit to the State since he assumed office about a year ago, the first to be made by a sitting Nigerian President in 15 years. Lagos was known in the past decade as the headquarters […]

Manchester United will appoint Jose Mourinho as their new manager, BBC Sport understands. It is believed a deal with the 53-year-old Portuguese was agreed in principle before United’s FA Cup final win against Crystal Palace on Saturday. With United failing to qualify for the Champions League under Louis van Gaal, the Old Trafford hierarchy is […]

National Bureau of Statistics today released: Q1 GDP numbers down to negative 0.36% And Unemployment data at 12.1%Publisher of Nairametrics @Ugodre joins @TunjiAndrews in the BTVA Studio to discuss the GDP Numbers. What are your thoughts? The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be […]Read More

As part of his contribution towards reducing unemployment in the country,Nigeria’s former Vice President Atiku Abubakar has revealed plans to establish an animal feeds factory in Abuja. In a statement released to members of the press on Friday, in Abuja, Atiku said arrangement for the take-off of the factory was at an advanced stage. As […]

On March 19, 2016 Igwe Vincent Ilo went to join his ancestors. On Thursday, he will be laid to rest. As we mourn him, this is an opportunity to reflect on his life and his remarkable journey of piety, charity and peace building. Igwe Vincent personifies the unassuming heroes who dedicate their lives in service […]