Economy

The inmates have taken over the asylum. Our financiers, economists and bankers have set sail on a course straight into the Bermuda Triangle. That the ship will reach land some day is indisputable. That it will land badly is incontrovertible. The 99%, who seem to have adopted the Ostrich as their ‘National Bird’ would be well advised to ponder these matters to prepare for the consequences of our current economic policies.

Advanced educational attainment correlates with higher household incomes but the cost of that education has soared.

The following chart indicates...[the extent, in percentage terms, to which various] entities have loaned money to the U.S. government...[and, as such,] their share of the U.S. national debt as of 30 September 2021.

Global home prices are rising, but not to the same extent everywhere. Canada and Germany’s home prices made much sharper gains than other G7 countries

Our politicians seem convinced that giant mountains of dollars can be printed, borrowed and spent indefinitely without any repercussions, and 78% of Americans fully support what they are doing BUT if you are in that 78 percent, you are wrong!

While our year-end price target for Bitcoin is $100,000, we believe that Bitcoin prices will soar much, much higher in the long run - like 5X higher. That’s right, we think Bitcoin is going to $500,000 and the rationale is simple.

GDP per capita is one of the best measures of a country’s wealth as it provides an understanding of how each country’s citizens live on average, showing a representation of the quantity of goods and services created per person. This article identifies the GDP per capita (nominal) of nearly every country and territory in the world.

Debt has risen on all fronts to unprecedented levels...and now accounts for $52 trillion in the USA of which American household indebtedness amounted to an average of $118,000 per household in 2020. That’s a big bill to pay. Here’s how the various forms of U.S. household debt compare...

Longing for the apocalypse and crippled by modern life? Here is a humorous good time prescription for our busy world - to having fun again, feeling sexy with your significant other, feeling wild, peaceful and free. Warning: this prescription may lead to spontaneous euphoria. For euphoria lasting more than 4 hours, check work email and consult your doctor.

Investors who want to maintain the purchasing power of their portfolio AND their standard of living through inflationary periods will find this article to be not only fascinating, but possibly provocative.