Retirement Lifestyle Advocates
The national debt is now just over $36 trillion.
Despite economic growth as measured by Gross Domestic Product far exceeding the historical average for growth, the national debt has grown by more than $2 trillion this year.
When President-Elect Donald Trump takes office, the national debt of the United States will exceed $36 trillion.
The only salvation is to return to a gold standard.
Do not expect significantly lower mortgage rates in the future as banks continue to tighten credit and as private sector debt remains at nosebleed levels.
Bank of America recently issued a very interesting report on who is living paycheck-to-paycheck, and it’s not who you might think.
The world is moving away from the US Dollar.
Subjective adjustments to the consumer price index include hedonic adjustments, adjustments to weightings of the items considered in the consumer price index, and substitution.
A good argument is to move some of your assets to a Roth IRA (if it makes sense for you) and to hold physical assets in your portfolio.
3 of every 4 personal income tax dollars collected go to pay interest on the debt.