May 28 2014

You are too broke to own a home in America! The typical American household making $50,000 a year cannot afford to purchase the typical $200,000 median priced home without straining their budget.

People continue to scratch their heads as to why regular home buyers in America are unable to enter the housing market. Prices are up but this is mostly because of investor money that is obsessed with chasing yield in a low yield environment orchestrated by the Federal Reserve. The reason home sales figures continue to […]

May 22 2014

Inflation conundrum, price increases without wage growth are unsustainable: Central banks around the globe aim at inflationary targets but have a hard time inflating wages.

Inflation has a slow corrosive power that few people ever see. We all realize that rust will occur on exposed metal through a slow process of oxidation. One rain will not do this. It takes time. Little by little the destruction occurs. I’m always thrown aback when I hear some people say something like they […]

May 13 2014

Is college worth a lifetime of debt? Student debt reaches critical tipping point at $1.2 trillion as annual price increases enter the moment of truth.

The cost of going to college has come into deep questioning. In our inflation addicted market, the answer to every question regarding affordability involves more debt. Can’t afford a home? How about taking on a massive mortgage with a small down payment. Can’t afford a car? How about a 0 percent 0 down loan. Having […]

May 11 2014

Global debt enters terminal velocity mode: Why central banks have no intention of slowing their public and private debt binge.

Central banks around the world are following one core mission. That mission revolves around expanding debt to goose equity markets and attempting to solve a debt crisis with more debt. Even the more conservative European Central Bank bowed down to easy digital money printing by announcing they too would follow in the footsteps of the […]

May 8 2014

US household debt nearly twice as high as annual wages and salaries: Inflating the consumer debt bubble with student loans and auto debt.

The latest consumer credit report surprised to the upside. What was the surprise? Americans are back to borrowing money they don’t have. Are they borrowing for investing or possibly purchasing a modest home? No. The latest data shows that Americans are once again going deep into student debt and auto debt. This is actually worse […]

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