My Comments: Last Thursday and Friday I re-posted two articles about the US and China. This is related to those two. We as a nation have about $20T (that’s TRILLION) of debt. Sooner or later, we have to pay it back, and #45 has promised huge infrastructure and defense spending increases. Either we grow our …
Continue reading China Can’t Carry Global Economy if U.S. Stumbles
My Comments: Yesterday, I posted about how 45 has handed China a huge advantage. This one is more along the lines of “Really?”. But I challenge anyone who voted for Trump to read these two posts, and point by point, show me where I’m wrong. I really want to know as I find it hard …
My Comments: This is a topic that resonates with me, and yes, it probably conforms to my bias as a left leaning Democrat. And yes, creating a total rethink of the assumptions about government and it's role in society is something I can live with. However, for the past 12 months or more, the message …
Four words surfaced in the 1991/92 presidential election cycle that put Bill Clinton in the White House. Those four words were “It’s the economy, stupid!”. My thoughts here echo that catchphrase but extend beyond the recently completed election cycle and instead are an attempt to better understand the current malaise that is gripping the country, …
My Comments: I’m thinking of getting into the markets. That’s a sure sign the bottom will soon drop out. Jesse Felder on March 18, 2017 Last week I focused on fundamentals, sharing 3 charts that show stock market valuations are totally unprecedented. This week I'll focus on sentiment. When looking at sentiment many people like …
Continue reading 3 Charts That Show Stock Market Euphoria Is Totally Unprecedented
My Comments: Our economy is dying. And it has nothing to do with Republicans or Democrats. It has to do with demographics. A solution is to encourage immigration, a source of new people to add to the labor force, buy homes, buy cars, buy groceries, buy insurance policies, and everything else normal people do. Yes, …
Continue reading The US Is Going Through a Profound Demographic Shift That Will Affect Everyone
My Comments: Fixing what ails us ain’t going to be easy. Especially when the two political parties are more intent on having the other fail than doing what we hired them to do in the first place. My future is limited while that of my children and grandchildren has decades to run. Economics, despite it …
Continue reading The 5 Worst Possible Shocks To The Economy; From Washington, D.C.
My friend Bill Goodman wrote this and posted it to his Facebook page. My thoughts about what he wrote follow his comments. Approximately 50 percent of the students in Alachua County come from households that qualify them for free or reduced lunch services. Most of these students’ parents are employed and work one or more …
My Comments: From age 10, I grew up in middle America with an educated father, a full time mother and a dog. It was assumed I would go to college, get a job, be self sufficient, and at the very least maintain the same standard of living as my parents. I achieved that goal but …
Continue reading The American Dream is Fading, and May Be Very Hard To Revive
My Comments: Don’t freak out yet! Yes, this is about economics and for some of you, it might as well be written in Russian or Greek. But it is relevant to your future standard of living. Try hard to at least get through the first paragraph. And let me know your thoughts. Mark J. Perry …
Helping Define Your Financial Future 