It’s not just the United States that’s been watching its economy swirling around the toilet bowl like a giant turd. Since mid-2007, global debt has skyrocketed more than 40 percent and now stands at about $100 trillion. That’s a lot of freakin’ zeros. Let’s look at it...
As inflation hits, you may have noticed that mortgages are following a similar trend. To understand this, we must first break down the idea of a mortgage. First, they consist of two things—the monthly payment you’re making and your remaining mortgage balance....
Ever since World War II men and women have scrimped, saved, and finally allowed themselves the ultimate luxury of buying a home. It was the American Dream, sold to the public as the defining characteristic of a life well-lived. But a funny thing happened on the way to...
In 1991, the Soviet Union blew apart at the seams when Soviet president Mikhail Gorbachev resigned and handed over the nuclear missile launching codes to Boris Yeltsin, president of Russia, the largest republic. No one knew what would happen next. It was an exciting...
You might have noticed that we’re in an interesting time, financially. We’ve got asset deflation and monetary inflation—assets decreasing in value and dollars that offer temporary strength. This, as Jason Hartman has said before, are great times for the investor. Now...
