A look (not a prediction) at a series of not improbable events that could develop [and which] would change our economic world overnight.

Even if the economy improves (it won’t in any real sense), the changes coming to this country border on the unimaginable for both the enlightened and unenlightened. Economic events similar to what occurred during the Great Depression are not far from happening. Some outcomes will be worse than what occurred 80 years ago. [Let me explain.] Words: 563

This short video - on the sustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom.

The madmen who are responsible for the coming economic disaster continue to behave as if they can manage to avoid it. Violating Einstein’s definition of insanity, they continue to apply the same poison that caused the problem. These fools believe they can manage complexities they do not understand. We are bigger fools for providing them the authority to indulge their hubris and wreak such damage.

Recently I discovered a website which tracks pundits in finance (and politics and sports). Check it out to see how many of the calls and predictions of your favorite prognosticators have turned out to be true. You’ll be surprised and, no doubt, disappointed!

  Choosing a financial advisor is a big decision…so avoiding these 7 common blunders can help you find peace of mind, and avoid years of stress. 1. Hiring the First Advisor You Meet While it’s tempting to hire the advisor closest to home or the first advisor in the yellow pages, this decision requires more time. Take the time to …

The power of compounding: Use this knowledge to plot your road map to wealth.

Wouldn’t it be nice to not have to worry about investment decisions? The late Harry Browne, libertarian and investment adviser, thought so and proposed what he termed the Permanent Portfolio.

In the business of financial journalism, nothing sells better than fear - all-out financial, economic devastation and collapse, and the worst of all possible scenarios crouching on your doorstep ready to jump out and get you at any moment. Welcome to the doom-and-gloom “financial-tainment” industry. Get comfortable and start reading these highly addictive, sensationally-driven, doom-and-gloom financial commentaries and ask yourself if they are just fear mongering or could well be prophetic in their forecasts.

Those that read this site regularly know my pessimism regarding the future. People frequently ask: “What do I do to protect myself and my family?” or “What should I invest in?” While this discussion will not provide you with specific answers, it should provide a framework that may be useful.