Jan 17 2009
Saving Nation: You Know you Have a Fiscal Problem When Saving Money Actually Becomes a Detriment to the Health of our Economy.
In George Orwell’s dystopian 1984, doublethink was the ability for someone to hold two mutually contradictory beliefs, and accepting them both. We have now entered into the world when Americans actually saving money is bad for the health of our consumption economy. War is peace. Saving is spending. Our Ministry of Truth is the Federal [...]
Dec 12 2008
How to get out of Debt: Can it be the American Consumer is Contributing to Deflation by Paying off Debt?
The Federal Reserve flow of funds report was issued this week and for the first time since 1951, when records started being kept household debt has actually declined. The larger meaning of this? Many Americans simply cannot take on anymore debt. What it also means is that many Americans are more reluctant to take on [...]
