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.
Just like planning for an approaching storm, you can’t wait until the storm is here and expect to achieve a great outcome.
Interest costs on the debt now consume such a large portion of tax revenues that the trend cannot be reversed.