#TheCast Podcast Youtube video is up now, check it out… Featuring Billboard Charting Artist @ElexisAnsley…. Check the podcast episode below.
1) Some young people with outstanding student debts are moving abroad where cost of living is much lower and debt collectors have little to no powers. One former student has moved to a concrete house in India and now lives on $50 a month, while hoping to never again set foot in a Walmart. The strategy of abandoning America to avoid student loans is spreading via social media and the internet.
2) The crypto-currency Bitcoin nears $9,000 dollars as it breaks it highest level this year, but is still a long way from its 2017 high of $19,000 dollars. Other crypto-currencies are also up sharply , and with the renewed interest in the past few weeks, their prices are up over 140% this year. Other companies, including Facebook, are reportedly coming out with new crypto-currencies to offer consumers.
3) Democratic candidate Bernie Sanders, the 2020 party nomination for president, is proposing a plan to raise $2 trillion dollars by taxing Wall Street trading. The senator has introduced a bill that would tax trading of stocks, bonds and derivatives to raise between $776 billion and $2.4 trillion dollars over the next ten years. He would use this money to pay for his Medicare for all and free public college, which is the centerpiece for his presidential bid.
4) 27 MAY 19 Stock market closings:
Dow 25,585.69 up 95.22
Nasdaq 7,637.01 up 8.73
S&P 500 2,826.06 up 3.82
10 Year Yield: up at 2.32%
Oil: up at $59.24
The EFR Podcast Ep. #29, James Lymon, Jon Don Sterling “On The Boards” and me Sammy BE ,brought you a great podcast. We interviewed a well known comedian and online sensation. This individual has captured hundreds of thousands of followers on the gram (IG) and his presence is known on the internet.
The EFR Podcast had a pleasure of interviewing Rodney Hassell, and his journey developing a comedic presence on social media platforms like IG and twitter, along with his development in attaining a growing audience.
Rodney discussed with us the business aspect and opportunities that can come with being popular on social media, and how it can assist an up and comer’s career or media profile forward. This was an interview you don’t want to miss listening to.
Website Platforms To Check Out:
3) www.Economic&FinanceReport.com (Economic & Finance Blog Site)
4) www.soundcloud.com/Economic-FinanceReport (Podcast/Online Show)
6)www.SammyBuysHomes.com (Real Estate Investment)
7) www.TraderSoul.com (Financial Trading Website)
Check out the PSA from Sammy BE (Bizman Bassey) speaking on the various ventures he is involved in..
Instagram & Twitter @ EcoFireTv
Peep The Clip Below……….
Mega business mogul host Bizman Bassey (Sammy BE) along with his colleagues James Lymon, while (Jon Don) Sterling is running the boards; discuss President Donald Trump’s trip to the Asia, as well as recent developments on the US tax reform, and of course much more conversation in regards to millennials and gen z’rs on their influence on the economy and own financial well being.
Website Platforms To Check Out:
1) www.Economic&FinanceReport.com (Economic & Finance Blog Site)
2) www.soundcloud.com/Economic-FinanceReport (Podcast/Online Show)
3) www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube Ch)
4) www.SammyBuysHomes.com (Real Estate Investment)
By: Economic & Finance Report
Snap Inc (Snapchat) opened and closed today on the tech boards. It was one of the few Tech IPO’s that successfully launched in 2017, thus far. Analysts had placed the valuation of Snapchat @ $24 share, and it skyrocketed closing 44% higher then when it started. It beat expectations closing above the $24/share prediction by observers.
Snapchat is trading under the ticker symbol SNAP on the NYSE. The market capitalization of Snapchat is around $33 billion dollars, noted by analysts and researchers alike.
Snapchat mobile app, was created by 26 year old tech billionaire Evan Spiegel and co founders Bobby Murphy, Reggie Murphy, when they were college students at Stanford. -SB
In our present political or economic discourse, we tend to embrace one while rejecting the other, depending on which we have interest in. If our interest is politics, then our attention is absorbed with matters and news about politics, while if economics, our attention goes to matters dealing with economics with exclusion of political matters. Nothing could be more short sighted! Economics and politics are so intertwined that you CANNOT consider one without equal consideration of the other. They are different sides of the same coin, always inseparable if you are to have a coin of any value. As much as you might like to neglige politics and talk economics, it's just not viable, and the opposite is just as true. This understanding is very important because today, the economic future of the millenniums is being determined by the present electoral process. The only problem is most of those millenniums aren't paying any attention to what is happening. Worst still, those in elected offices long with those who elect them by their votes are showing little or no concern for the future of millenniums only their immediate selves. This intertwining of politics and economics was part of our Nation's creation, with the popular public perception of America revolting against England because of taxation without representation, but in actuality the trouble went back much further than that, and it was economially based. As settlers started to migrate west, King George proclaimed those virgin lands in the west to belong to the Crown, and therefore couldn't be homesteaded by the colonist. Since Europeans were immigrating to America to get all this free unused land, this attempt to deprive them of economic opportunity went over like the proverbial lead balloon! Another thorn was when the Crown decided to cull through all of American's timber, and select the choice timber for England to use in shipbuilding, thereby leaving the residue for the colonist. Another example was Englishmen skilled in manufacturing and machinery were forbidden to travel to America, because the English didn't want America to develop our own manufacturing ability, instead to be a source of raw materials for England to exploit while selling us manufactured goods in return. This has always been the problem with the colonial system. The whole purpose and reason for a colony is economic exploitation . . . and no one . . . but no one likes to be exploited! Therefore, across the history of colonies, there has been friction between the colony and the mother country, very often resulting in armed conflict of insurrections. This economic-political duality was the whole bases for Japan and World War II. Coming late to the game at the start of the Twentieth Century, Japan embarked on obtaining a system of colonies to bolster her fragile emerging economy, just as so many advanced nations did in the seventeenth and eighteenth centuries, not appreciating that the age of colonies had already passed. Japan called this the Greater East Asia Co-Prosperity Sphere, and she intended to push the white colonial powers out of their Far East colonies and take over, as if being economically exploited by a fellow Asian would make all the difference in the world. Prior to WWII, politics in Germany was in part driven by fears of economic domination by the other European countries, in particular France. These fears became very acute with the collapse of Germany's economy in the late twenties and thirties from the crushing burden of war reparations, much of it owed to France. The political process within Germany sought ways to address these economic fears, which resulted in the emergence of the National Socialist Party, more commonly know as the Nazis, and their solution was to militarize and use the political method of conquest to achieve their political-economic aims . . . in other words, World War II. In the political process of America today, every political poll shows the economy as the principle concern for Americans, driven by the uncertainty of the people's future. While contestants in the two thousand sixteen election flay away at each other with silly word games and various political machinations and marketing ploys, the real concern for most American's is- Will I have a job next week, next year or the next decade? Will the hard work I put in each day ever result in an increase in my pay? Will I ever be able to make any real economic progress? Pure economics and politics one hundred percent! The young people of America, the Millenniums and the Z Generation seem strangely remote from the political discord of our sixteen election, seemingly unconcerned that their future is being determined today . . . now . . . by those who are running for office in both the presidency and the congress. So far, no candidate has shown any particular interest, let alone any strategics or methods, for alleviating the problems facing the youth of America . . . The growing displacement by technologies, the threat of obsolescence pressing them out of the social economic system. So while they are busy amusing themselves with their little smart phones with texting, Facebook, Twitter, and other social media activities, the political system ignores their situation as the economy continues to leave them further and further behind. In short, you can't divorce economics and politics from each other.
By: Economic & Finance Report
5th Annual Conference on Media & Democratic Governance took place @ Rutgers University, in Newark New Jersey, Friday September 9, 2016. Prominent speakers engaged in discussion about media and how it affects democracies and government, around the world.
The conference was moderated by Dr. Uchenna Ekwo, of Center For Media & Peace Initiatives & Rutgers University professor. Other members on the panel included Ambassador Omer Mohhamed, UN Ambassador for the Republic of Sudan, as well as other speakers.
Check out the video below……-SB