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Interest rates have been manipulated to keep them extremely low in an attempt to stimulate the economy but...unless deficits are dramatically reduced.... interest rates will eventually rise and government interest expense will double or triple from the amounts being paid today. That potentially triggers a debt death spiral, where government has to borrow more than otherwise expected. It also raises the credit risk and could ratchet interest rates up again. It has happened to Greece, Portugal, Spain and other European countries already this year and could well happen in the U.S. too. Words: 595

Although the vast majority of today's adults earn more than their parents did at their age, only 4% of adults from homes at the bottom rung of the economic ladder were able to reach the top, according to a new report released by Pew Charitable Trusts. Words: 429

Although the vast majority of today's adults earn more than their parents did at their age, only 4% of adults from homes at the bottom rung of the economic ladder were able to reach the top, according to a new report released by Pew Charitable Trusts. Words: 429

As our lives become increasingly digital it is easy to share more and more information online and with our phones. Some of these sites and apps that you use, however, may not be as trustworthy as you think. This extremely informative infographic shows quite clearly what is going on and what you can do to stop apps from either tracking you altogether or to the extent that they currently are.

As our lives become increasingly digital it is easy to share more and more information online and with our phones. Some of these sites and apps that you use, however, may not be as trustworthy as you think. This extremely informative infographic shows quite clearly what is going on and what you can do to stop apps from either tracking you altogether or to the extent that they currently are.

I find the whole European thing tragic. This situation in Europe is only going to escalate. The problem for the central planners, in the not-too-distant-future, is the can is getting too big to kick down the road. What this means is that the chaos will accelerate.

I find the whole European thing tragic. This situation in Europe is only going to escalate. The problem for the central planners, in the not-too-distant-future, is the can is getting too big to kick down the road. What this means is that the chaos will accelerate.

When the financial crisis of 2008 hit, many shocked critics asked why markets, regulators, and financial experts failed to see it coming. Today, one might ask the same question about the global economy’s vulnerability to cyber-attack. Indeed, the parallels between financial crises and the threat of cyber meltdowns are striking. [Let me explain.] Words: 885

Throughout history humans have specialized in producing goods and figuring out ways to pay for them. This infographic shows how we began by bartering goods with each other, moved on to more sophisticated methods of payment like metal and paper currency, and finally, today, to making payments with credit cards and smartphones.

I have consistently told people for over a decade to put up to 50% of their money into physical gold stored outside of the banking system. I now believe investors should consider putting even more of their liquid assets into physical gold. In my view this is the best way to protect against the risks the financial system faces today, and the chaos that is still in front of us.