The results of the central bankers’ great experiment with money printing are now in, and they are fairly depressing, as the charts above confirm: On the left are the IMF’s annual forecasts from 2010 – 2018 (dotted lines) and the actual result (black) Until recently, the Fund was convinced the world would soon see 5% […]
Warren Buffett is the world’s most successful investor, earning $62bn from his investments by 2009. But if he had instead channelled this money through hedge funds, and still been equally successful, he would have ended up with just $5bn. They would …
Last year, Warren Buffett paid only $7m taxes, just 17.4% of his income.
Now he says rich Americans, including himself, should pay more, in order to help reduce US debt. He notes that:
• In 1992, the wealthiest 400 Americans paid 29.2% tax on $16….