Being rich is great. But being rich in America? That’s even better.
With US stock benchmarks trading just below record highs, and Treasury yields not too far from the all-time lows reached last summer, the gulf between the world’s wealthy elite – those 18 million households worldwide with more than $1 million in assets – and everybody else is rapidly widening.
Authored by Shepard Ambellas via Intellihub.com,
U.S. Geological Survey (USGS) seismology reports conclude that a massive swarm of earthquakes swept through the park on Friday triggering more than 60 separate events in which seismographs spiked to magnitudes of up to 5.0.
Experts fear that the supervolcano is long overdue for an eruption capable of wiping out a vast amount of human, animal, and plant life in the Continental United States.
Content originally published at iBankCoin.com
Bloomberg is reporting that Reddit was seeking to raise $150m in new funds, placing the company's valuation at a staggering $1.7b. This sounds like a fucking bargain, especially when considering the immense traffic on the site -- which is now ranked #4 in America and #8 worldwide.
However, according to ReCode, the company barely made $20m in revenues in 2016 -- which is an utter and complete disgrace.
The last time Reddit raised capital was in 2014, $50m at a $500m market cap.
Authored by David Stockman via The Ron Paul Institute for Peace & Prosperity,
The horrific shooting spree on the practice field of the GOP's congressional baseball team was hardly the end of this week's madness on the Potomac.
This week in America...
Before...
During...
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Source: Townhall.com