Millennials / 7 posts found
3.7 Trillion In Consumer Credit- Credit Madness Debt To Our Eyeballs!!!
In this video I go over an article I read entitled The secret to the current recovery is Americans have taken on 3.7 trillion in consumer credit debt. Although I paraphrase the title hear the article shows how the American consumer is spending beyond their means. There is now record credit card debt, student loan debt, and record auto debt. No wealth is being built just consumer credit that will form another epic crash in the not too distant future.
Should I Buy Bitcoin?- Pros and Cons of Bitcoin
In this video I tried to provide some insight to answer the question of should I buy bitcoin? The only way to do this fairly was by discussing the pros and cons of bitcoin. PROS OF BITCOIN 1) Bitcoin is revolutionary, outside of the banking sector, set in fixed quantity, and no single administrator. 2) Due to the first of its kind more than likely will be around, tech world supports it. 3) Allows you to transact everywhere in the world efficiently, securely, and effectively. No storage and theft problems such as with physical currency, silver and gold. 4) […]
Agents of Social Change- Social and Economic Change in 2018
It’s a new year and why we all set new year resolutions this year of 2018 will issue social and economic change some of which has not been seen in decades. What will be the agents of social change? Well Gordon T Long and Charles Hugh Smith present 4 primary pillars to illustrate the agents of social change. These are Inequality, Standard of Living, Competence Among-st the Political Leaders, and finally Corruption. Each one of these pillars are significant and Gordon and Charles Hugh Smith give an abundance of good quality information to back it up. As change accelerates in […]
Student Loan Crash Late Fall of 2017
In this video I discuss the Student loan debt crisis we face currently. Student loans are over 1.4 trillion dollars and growing. In October 2017 we have the first student loan recipients to receive student loan forgiveness. With the default rate in the millions and the current income that will be diminished that the government is receiving on student loans we will have a potential crash in October 2017.
Are Baby Boomers Leading The Student Loan Crash?
In this video I discuss the upcoming student loan crash and explain how the baby boomers are leading the numbers in borrowing . In this video I go over an article from Zero Hedge.com which shows how Parent Plus loans taken on by parents primarily baby boomers are more than the actual students who attend the college institutions.