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Greece looking seriously at marijuana being a catalyst for getting their country out of recession

On Nov. 14, Greece's Minister of Rural Development and Food spoke with Bloomberg about the nation's economic conditions and suggested that the cultivation of marijuana (cannabis) could be just the thing to help the country fight out of its decade long recession. The cultivation and sale of medical marijuana could help Greece’s government pull the country out of a seven-year economic crisis, according to Eva ...

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No new ideas: Congressional Democrats want to bail out state pension debts with… more debt

If there is one thing you can always set your watch to is that with Democrats in Congress, the solution to any problem is to spend more money and create more debt.  And as such it should come as no surprise when a week ago a Senator from Ohio announced plans to introduce a new bill intended to help bailout state pension funds with... Treasury debt. That's right... the solution for underfunded debt obligatio ...

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Alibaba implements unique online and offline retail integration in opposition to Amazon’s model of retail takeovers

China's Alibaba and the U.S.'s Amazon are without a doubt the two biggest players in the online retail sphere, however it is becoming very apparent that each have much different ideas on how to expand their individual business models. For Amazon, their focus has been on the acquisition of brick and mortar retail in order to integrate them in a way that will most likely lead to the destruction of competition ...

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Wealth inequality has hit the extreme in America as top 3 billionaires own more than 50% of the population combined

Thanks to the Federal Reserve's monetary policies of pushing cheap money to Wall Street, the central bank's program of destroying the Middle Class and siphoning wealth to the top 1% has nearly been accomplished.  And because of the artificial bubble that has grown in equity markets since 20010 following QE and the end of the Great Recession, the three richest Americans now control more wealth than the botto ...

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Who needs the Russians when you have growing allegations of the media trying to rig the Alabama elections

As we have mentioned before in writings here at Viral Liberty, to understand liberals and progressives all one has to do is realize that their entire foundation is built on projection.  And by this we mean that when they call someone a racist, sexist, or bigot, all they are doing is trying to project their own guilt and actions onto someone else. Ie... the recent revelations of Hollywood celebrities being b ...

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The business of America is no longer business, but caring for the sick

Exactly 100 years ago, a label was given to the dying Ottoman Empire where the coalition tied to the Central Powers during World War I was called the Sick Man of Europe.  And this label would eventually become part of the mainstream as it would one day be tagged to nearly every European country during the 20th century. Now here in the 21st century the 'sick man' title could easily be placed on the American ...

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Record number of retail stores have not made it to Black Friday here in 2017

One of the more interesting byproducts of the Housing Bubble that took place during the first decade of this century was the inordinate number of businesses that sprung up in and around new communities.  And while using the tenor of continual growth as the catalyst to keep pushing up their stock prices between 2002 and 2008, many of these corporations would end up shuttering store locations when the foreclo ...

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Combined consumer debt back at all-time highs heading into Christmas shopping season

After a brief respite earlier in 2017, all of a sudden consumer debt across the board has surged in the areas of student loans, auto loans, and credit card debt just weeks before retailers hope to have their biggest selling period of the year. In fact credit card debt has soared back over the $1 trillion mark after falling below this Maginot lone during the summer, leading to a validation of a recent survey ...

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Once again, gun laws failed to stop the mass shooting at a Texas church

As President Trump stated earlier today, the cause behind the horrific mass shooting that took place in Sutherland Springs, TX yesterday was a mental illness issue, not a gun issue.  And the fact that the individual was given permission to purchase a firearm by the FBI during a lawful background check proves once again that gun laws will not stop criminals from carrying out unlawful actions. There have been ...

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Trump’s tax reform will be meaningless unless he stops the Fed from imposing the hidden tax of inflation

For producers and consumers there are two primary ways to be taxed... directly and indirectly.  And judging by how the Fed has been allowed to hold sway over both fiscal and monetary policies since the 2008 Financial Crisis, President Trump's tax reform plan will end up being meaningless if he doesn't reign in the central bank's programs that have led to rising inflation. Over the past several years the Fed ...

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Even with President Trump, Americans seeking to renounce citizenship on pace for record high in 2017

It has been a while since we last looked at the statistics for Americans renouncing their citizenship, but it appears sadly that the trend is not only still going strong, but that it is expected to achieve another record when Dec. 31 comes around. According to a new report from Bloomberg, 6800 Americans will voluntarily give up their U.S. citizenship in 2017, which is a 5.5% increase over last year's number ...

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Economic recovery for average Americans still nothing more than Hope and no Change

One of the most important things to remember when differentiating between economics and finance is that one is a social science while the other is a mathematical one.  And because of this, many times professionals and academics confuse the two when speaking about an economy as a whole. In fact the financial world, as well as the economic, are both full of opposing dichotomies.  For example earlier this week ...

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