Tag Archives: economy

Patrick Byrne, CEO of Overstock proudly wears the label "The most hated man on Wall Street." His position as one of the most important supporter of Cryptocurrencies like Bitcoin was cemented when Overstock became the first major retailer to accept Bitcoin. Recently Byrne was the keynote speaker at the 2014 Bitcoin conference. There he shared his thoughts on how Bitcoin fits into the development of liberal philosophy.

As something of an American History buff there are certain topics I like to keep a close eye on- one of those is the American Mafia and/or organized crime in general. As such I had to have a look at a certain presentation by Patrick Byrne, PhD. & CEO of Overstock.com: Naked Shorts, Bust-Outs, and the Once and Future Cataclysm: Economic Warfare. It's a fairly long title, but the presentation itself is pretty well mind blowing in nature.

Dippin' Dots, a company that creates tiny flash-frozen pellets of ice cream, is filing for bankruptcy -- much to the disappointment of its fans.

Sony has been hit pretty hard this past year, which is finally evident in their financial forecast. The company has modified its forecast for its financial losses for the fiscal year, raising it to $1.2 billion dollars.

According to recent data, Americans supposedly play a combined 200 million minutes of Angry Birds every day. When you do the math, that equals $1.5 billion dollars in "lost productivity" per year.

Can you take advantage of a suffering economy before your 401k dries up? Can you snatch up enough foreclosed real estate before your rivals own all of the marbles? Well, the few marbles left that is. Thus is the challenge you face playing Monopoly: Recession Edition. This fully-fictional board game allows for a modernly accurate gameplay experience. What other chance ...

You don’t need a degree in economic theory to feel the strain of the economy. Just check your mutual funds. Check your stocks. Hell, check your damn wallet. The strain is bound to make our hair fallout. Seems like our currency has felt it the most. Even the images of our forefathers are looking a little stressed out. Need some ...

Oh yes. The United States is most certainly in a recession right now. Times are tough and everyone is going broke. Teachers, in particular, are feeling the heat as they look for a way to offset the cost of items for their students. School budgets can’t cover everything, after all. In comes San Diego, CA-based teacher Tom Farber. He teaches ...

I really don’t see much of a future for Circuit City. If it’s filing for Chapter 11 bankruptcy, replacing CEOs, closing stores and losing cash, explain to me how the company is supposed to survive. Says Bloomberg: On Sept. 29, Circuit City reported a loss of $239.2 million that was more than triple from a year earlier after sales fell ...

This plant is no ordinary house plant. It’s called Spore 1.1 and it’s a reflection of how Home Depot is faring in the current economy. It’s rigged so that if Home Depot’s stock falls, the plant isn’t watered and it dies. Should stock soar, the plant gets a healthy dose of water. Cruel? A bit, but we’re guessing that given ...