My Comments: I have an interest in the immigration debate. I’m an immigrant, granted US citizenship on May 1, 1959. As I read horror stories about parents and others being deported, it has crossed my mind that I’m at risk. Probably not, but with ICE nosing about, who knows? It’s not just the New York …
Continue reading Check your math, central banker says: less immigration equals less growth
My Comments: Today is Wednesday and my topic is, as usual, ‘global economics’. The decline of the middle class has not happened overnight. It brings to mind the phrase ‘watching grass grow’ or ‘watching a car turn to rust’. You know it happens, but from day to day, you never notice any change. And what’s …
My Comments: Known as the Great Recession, to distinguish it from the Great Depression, the financial crisis that ended in the first week of March in 2009 was a multi-generational event. The chances of us having another one before I die in a few years is slim to none. But that does not mean no …
Continue reading Ten years after Lehman Brothers, spotting the next crisis
My Comments: In the minds of many, capitalism is the antithesis of communism. And they are essentially right. In the minds of many, communism and socialism and fascism are one and the same. And they are essentially wrong. Communism is an economic model where the state owns everything involved in providing goods and services to …
My Comments: The headline says ‘really near’ but what does that mean? In my past I worked with a currency trader whose idea of a long term hold of a position he’d bought was 3 days. His idea of 'really near' was about 30 minutes. If you are now in your 30’s or 40’s, your …
Continue reading The end really is near: a play-by-play of the coming economic collapse
My Comments: I have not yet received mine but perhaps it’ll come in today’s mail. The idea is that with so much money at stake, there are too many opportunities for the bad guys to game the system. This is an effort to make that harder. I hope it works as planned. What I know …
Continue reading New Medicare cards: What to do if you haven’t received your new card
My Thoughts for Monday, Labor Day 2018: The sun is shining here, the daily showers have not yet arrived, I’ve been to the fitness center already, and life is relatively normal. Happy Labor Day! But I can get far from the reality that is our life in America these days. In many respects, it’s good …
Continue reading Watch Your Wallets — The Next Crash Is Coming
Tony’s thoughts about this: For those of you who have not yet ‘retired’, know that it will be dramatically different from your ‘before retired’ years. Planning for those years, if you expect to enjoy life and consider your retirement a success, is essential. My days as an active, looking for new clients financial person are …
Continue reading What Is Missing From Most Retirement Advice
Tony’s Comments: I’m becoming a Social Capitalist in my old age. On the one hand I embrace capitalism as the most viable economic model for us to follow while on the other hand know that in it’s purest form, it can be as evil and unworkable as communism at the other end of the spectrum. …
Tony’s Comments: What is often overlooked by those writing about the impending doom of the stock market is the age of the reader. What I mean by this is that if you are trying to accumulate money for your eventual retirement, and you have 20 or 30 years between now and then, much of what …
Continue reading The Longest Bull Market In History And What Happens Next
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