The U.S. has the highest inflation in 40 years, and yet it also has the strongest dollar in 20 years. How can that be? How can the dollar be so weak and yet be so strong at the exact same time? [This article] tries to make sense of this tale of two dollars.
Read More »The 5 Biggest Financial Risks Retirees Face
While there are many risks that face retirees, new research suggests older Americans often underestimate the biggest and most likely problems they'll encounter. Here’s a look at the five biggest risks retirees face — as well as some advice for minimizing those risks.
Read More »NAFTA: Major Imports & Exports Between the U.S. & Canada Are Surprising (+96K Views)
Canada and the United States are the world's largest trading partners. The U.S. accounts for about three-quarters of Canada's exports. Because of geography and the North American Free Trade Agreement, there are a number of products that the countries export to each other while at the same time importing from the other. [Take a look at the list. You might be very surprised.] Words: 712
Read More »Recessions: It’s All About Weathering the Storm – Here’s How
Inflation is at a 40-year high, with gas prices hitting $5 a gallon and everyday purchases becoming more and more expensive. Interest rates are rising. The stock market is taking us on a rollercoaster ride right now, terrifying drops included. Crypto is crashing, too. Some economists are saying the U.S. could soon be in a recession, if it isn’t already. I’m not sure about you, but it’s making me a little anxious.
Read More »What Is A Crack-Up Boom? Where Are We In Its Development?
The core idea of the crack-up boom, in summary, describes the collapse of a monetary system, due to out-of-control inflation expectations by the market participants, that were in turn caused by extreme increases in the money supply.
Read More »Rising Interests Are The Pin That Burst the Global Housing Bubble
Interest rates are rising to cool inflation and remove home buyer stimulus kicking off a global real estate correction.
Read More »The Idea Of A “soft landing” Is Impossible – Here’s Why
There is no easy solution. There is no possible painless normalization path. Powell will have to choose between the risk of a global financial meltdown or prolonged inflation.
Read More »Gold Is the Closest Thing To A Sure-bet Investment – Here’s Why
Gold will go much higher than most of us allow ourselves to contemplate. Buckle your seatbelts and enjoy the ride ahead!
Read More »Dalio: Fed Can’t Fight Inflation Without Major Economic Weakness
It is commonly said that the Fed needs to tighten to fight inflation, which will make things good again once it gets inflation under control. I believe this is both naïve and inconsistent with how the economic machine works. Here's why.
Read More »6 Mistakes That Can Kill Your Retirement & How To Remedy Them
Here are six surefire mistakes that can kill your retirement – and remedies that can help get you back on track.
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