May 31 2012

The end game of global leveraged debt – double-digit percentage point market declines in Europe and Japan and the danger of refinancing debt with longer term debt.

There is a painful realization that shifting debt around like a game of musical chairs has little merit unless real production is achieved as an end result.  May was a disappointing month for markets in general.  While the S&P 500 certainly fell, markets in Japan and Europe took double-digit declines.  The massive amount of leverage […]

May 28 2012

Saying goodbye to the middle class concept of retirement – many workers plan to work up until they are 80 well beyond the typical life expectancy of Americans. How long will $25,000 last in retirement?

The romantic concept of being able to retire on a sunny beach with endless drinks is a modern notion largely pushed by mainstream advertising.  It is hard for many middle class Americans to imagine a world where retirement is a luxury for the very few.  However that is the path we are now following.  The […]

May 24 2012

Educated and unemployed – majority of unemployed Americans attended some college. Top degrees in fields with little employment demand.

The higher education bubble is racing along to a tipping point especially when the value of a college education is now being questioned on multiple fronts.  One of the more prominent arguments being thrown around is the return on investment or value of a college degree especially when the costs of attending a private institution […]

May 19 2012

Using the young as a shield for hitting the deficit spending wall – the bill will come due for the young. Government spending prioritizes old American immediate needs and will send the bill to the young.

The level of government spending is mind boggling but has taken a backseat to the issues being experienced over in Europe.  We are running trillion dollar deficits as if this was somehow customary in our history.  For each dollar spent we are seeing less of a result in the real economy.  Part of the issue […]

May 17 2012

Who will pay for the massive US public debt? 30 percent of those with incomes above $10 million audited.

Now that tax seasons is mostly finished for your average American and people can exhale and take a breather, some interesting data is released by the IRS.  Audit data is fascinating because it highlights that in terms of those getting an audit, the more you make the more likely you are to be audited.  It […]

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