Nov 30 2012

The Temple of Inflation – where does the typical Americans spend their money? A comparison between 1986 and today.

For most people that I know the mortgage and rent payment will eat up the largest portion of a monthly budget.  This is the case for the vast majority of Americans as well.  Housing is the biggest line item expense on the monthly budget.  For the most part people tend to think that the Federal […]

Nov 28 2012

Deleveraging on good debt and ramping up on consumption debt – growth in auto loan debt, collection amounts, and revolving debt.

The grand US household deleveraging event continues as debt is paid off or more likely, wiped away via foreclosures and bankruptcies.  What is hidden in the deleveraging trend is the growth of debt in certain spending categories.  Keep in mind that not all debt is bad.  For multiple decades the US had a cautious lending […]

Nov 25 2012

Is College Worth the Price and Debt? Private student loans make up $150 billion of the $1 trillion in outstanding student debt. Private student loans grow hand and hand with for-profit institution growth.

Few will ever argue that getting an education is a worthy goal.  College is seen as the gateway to a better life and mobility into the middle class.  The middle class has been shrinking while the cost of attending college has skyrocketed.  The cost to attend college has far outstripped any sensible economic measure and […]

Nov 20 2012

Smoke and mirrors economy – 47 percent of the members in Congress are millionaires. 67 percent of Senators. Fed and Treasury money close to $7 trillion.

The Federal Reserve is really deep into uncharted territory.  In no other time in history has the Fed been so intricately involved in the overall economy.  The Fed balance sheet has expanded to an incredible level under very little scrutiny by the public or elected officials, many who have a vested interest in keeping the […]

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