Is porn immune to the economy?

Is porn immune to the economy?

More people than ever are watching porn, and high demand is helping the industry grow. While the porn industry isn't immune to the recession, it's booming enough to keep lots of people employed and working at a time when California is battered by record unemployment. Gram Ponante says the reason the porn industry has taken a hit during the recession is because there is so much porn available it is driving the value down.

Has the US lost its global influence?

Has the US lost its global influence?


The G20 has finished and after many failed attempts to reach trade deals, it appears the US has lost some influence with the rest of the global community. The Resident takes to the streets to ask, is the US still leading the world?

China laps US in efficiency

China laps US in efficiency

A construction crew in the South of China constructed a hotel in less than a week; it was built with all pre-fabricated material. It appears the US is afraid of the new economic heights China is reaching after learning of this impressive achievement. China has now surpassed Japan in economic growth, giving the US economy a run for its money

US job report misleading

US job report misleading

The Labor Department released a better than expected October jobs report today but is it really good news? Unemployment is at its highest in over two decades and the housing market is displaying signs that it could dip into another sub-prime crisis. All this coming as the Federal Reserve has injected hundreds of billions into a US economy that is falling on its face

Jim Rogers: "US will lose economic war"

Jim Rogers: "US will lose economic war"

China has become the world's fastest growing economy, what can the US be taught from the Chinese as the US economy continues to struggle? Jim Rogers, co-founder of the Quantum Fund says that US citizens should save and invest their money as their Chinese counter parts have. The Chinese are saving and investing an average of 35% of their income, taking an age old US principle and using it to their advantage.

Gerald Celente: US Economy = Depression

Gerald Celente: US Economy = Depression


Famous investor and billionaire George Soros referred to the US economy as "blah," saying he expects a further slowdown. US President Barack Obama has insisted however that the US economy is heading in the right direction. Gerald Celente, the director of the Trends Research Institute said the economy is not just blah, it's in a depression. It's the summer of the greatest recession," he said.