May 16 2016

Once upon a time, there was a middle class: This election year will determine whether the middle class falls into obscurity.

In the not too distant past the United States had a vibrant middle class.  Prosperity for most families was the rule rather than the exception.  This didn’t happen by accident or some odd twist of luck.  It happened because as a country we setup a foundation that valued a robust middle class.  The Great Depression […]

Jun 18 2015

Record number of too big to fail banks: 59 banks in the United States now have over $20 billion in assets. Top 3 US banks hold $6.3 trillion in assets.

Remember when too big to fail was being uttered like “good morning” or some other daily phrase?  Apparently people have forgotten about the dangers of too big to fail and have allowed the banking system to grow like weeds in an unattended garden.  The previous peak of massive big banks was in 2004 when we […]

Jan 3 2015

A leveraged system – US debt jumps $100 billion on last day of year. Total US debt markets at $58 trillion.

The New Year came and went and here we are fully into 2015.  Most Americans didn’t realize this but on the last day of the year US debt jumped by $100 billion in one day driven largely by Social Security adjustments.  The current economy is dangerously addicted to debt.  There was a time not too […]

Oct 15 2014

The stock market correction has arrived: Massive global volatility, central bank wizardry, geo-political instability, and people finally realizing how overvalued the market has become.

The stock market is finally reflecting the true nature of the global economy. There is massive geo-political instability, central bank double-speak, and a growing trend of low wage labor. In the US, it is no surprise that subprime auto debt has grown at an outstanding pace simply because people are too broke to finance a […]

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 […]

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