U.S. Economy Transforming Into a Ponzi Scheme

There are many critics of the way the United States government and the Federal Reserve are handling the overall economy. Some detractors of the current stimulus policy say the U.S. central bank is distorting the economy through quantitative easing, record-low interest rates and … [Read more...]

Nouriel Roubini: Bitcoin is a ‘ponzi scheme’ and ‘lousy’ store of value

One of the most renowned economists in the world, Nouriel Roubini, who is known very well for his bearish standpoint on financial markets across the globe, doesn't seem to be optimistic about bitcoin and the digital currency industry. Using Twitter as his platform to convey his … [Read more...]