Is Debt a Choice in America?

debt Outlaw investigates the possibility of the average American living debt free in today’s economy. Through use of figures published by the Bureau of Labor Statistics, the author breaks down the cost of affording the bare necessities in America: namely transportation, food, clothing, internet, gas, electricity, taxes, and insurance.  From the Bureau’s estimation of an average yearly income of $42,693 per person, after subtracting these necessities the average American is afforded $15/day ($5,500/year) of savings.  The author comes to this conclusion using “fair” estimates by rounding down yearly costs. He assumes a frugal citizen would make such attempts to save. Is $15 per day sufficient enough to escape debt in America?

Nepalese Slave Labor

Nepalese workers have been building Qatar’s 2022 Word Cup stadiums.  They work under harsh, terrible conditions daily.  However, after the April 2015 earthquake struck, the worst atrocity yet emerged: over 25,000 people died or were injured in the earthquake. But Nepalese workers are forbidden to visit their homeland for funerals of their family members. Nepal’s

Momentum Traders

  Momentum strategy is a stock trading technique that incorporates some elements of IMT into its structure. Momentum traders look for signals to alert them to past trends that will likely occur in the future. The more information you have, the surer you are about how the market will react to stocks declaration of dividends.