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Social Issues

Life Expectancy Gap Widening Between Rich & Poor In US

The gap in life expectancy between the rich and poor Americans has been widening since the start of the century, according to new research. The study published by JAMA, found that the wealthiest men, outlive the poorest by nearly fifteen years Press TV reports: The average lifespans of men and women in the United States in the top 5 percent income group went up by over two years between 2001 and 2014, researchers found. But at the bottom 5 percent income bracket, life expectancy almost stagnated, the report discovered.

19 Signs That American Families Are Being Economically Destroyed

Via Michael Snyder's Economic Collapse blog,

The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening. 

Once upon a time in America, if you were responsible and hard working you could get a good paying job that could support a middle class lifestyle for an entire family even if you only had a high school education.  Things weren’t perfect, but generally almost everyone in the entire country was able to take care of themselves without government assistance. 

Bill Gross : "Negative Rates Destroy Savers, The Bedrock Of Capitalism", Larry Fink Agrees

Bill Gross : "Negative Rates Destroy Savers, The Bedrock Of Capitalism", Larry Fink Agrees

Over the weekend there was a flurry of commentary around the increasing use of NIRP by central banks, and the program’s declining effectiveness. Predictably the IMF - whose Christine Lagarde recently said "When The World Goes Downhill, We Thrive", came out in support, while investors Larry Fink and Bill Gross came out hammering the program.

Adolf Hitler’s House To Be Seized By Austrian Government

The house where Adolf Hitler was born is to be seized from its rightful owner by the Austrian government in an attempt to stop it being a focal point for Nazi sympathisers. The decision was taken after several years of discussion about how to prevent neo-Nazi interest, officials said. The BBC reports: Hitler was born in the house in the town of Braunau am Inn in April, 1889. The property has been leased from its owner by the government since 1972, and it was used for many years as a centre for people with disabilities.

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