Dec 21 2012

Diving into the fiscal economic mess – Fiscal cliff a reckoning for decades of poor financial management and massive debt based spending.

The media is making it appear that the fiscal cliff is a sudden event.  Like a countdown to a New Year’s party.  Yet this cliff was as predictable more than a decade ago as we spent more than we took in as an economy.  The challenge is real because our spending is so much more […]

Oct 24 2012

Young, educated, and deep in debt – College debt over 18 percent of all consumer debt. Half of college graduates under 25 are unemployed or working in a field where no degree is required.

I doubt anyone is opposed to education or advancing your knowledge in life.  Who can oppose something so valuable?  Now this lofty aspiration is great but becomes problematic especially when the cost of higher education has gotten so expensive.  How expensive you ask?  The fact that we have over $1 trillion in student loans outstanding […]

Oct 21 2012

False prosperity through debt – 4 out of 10 Americans have less than $500. The dangers of building a consumption based nation.

If most Americans had to choose between saving and spending, they would decide to join the spending team.  Americans are so drawn to spending that they will even purchase items they cannot afford.  Another recent survey found that 40 percent of Americans have less than $500 saved.  This aligns with a survey we found last […]

Sep 27 2012

How the Fed bluffs the financial system – Labor force participation back to levels last seen over three decades ago. Fed policy aims at pushing US dollar lower.

The US is facing a long trend of aging Americans entering into retirement or what can be viewed as life post-work.  The vision of sitting on the sand in some resort villa is largely a dream.  Nearly half of American when they leave this world go out broke like a country western song.  Today as […]

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