The better you steward your finances, the better you walk your walk.
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Sovereign debt is a ballooning problem. As each countries’ debt grows it becomes clearer that theses debts will never be paid off. We’ve been discussing the core problems facing the US Dollar. Now, let’s look at the early dominoes to fall. Greece was the first to experience this Sovereign Debt Crisis. (Interesting that this all [...]
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The real estate market has serious problems. We looked at this yesterday while focusing on residential. Do you think Commercial Real estate markets might have similar problems? Yes, but they are slightly different. Commercial loans are not currently guaranteed by the US Government the way Residential mortgages are. Therefore, banks do not typically give 30 [...]
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Is there a New World Government Forming? Jim Rickards did a fascinating interview with King World News that covered this fact. To watch the interview, click here and then click on the purple microphone button on the bottom left of the page.
I want to mention it because I mentioned the IMF (International Monetary Fund) a [...]
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