government debt / 3 posts found
The Government Shutdown
In this video I go over an article I read entitled Your Survival Guide to the Government Shutdown. Now I have done 2 articles in the past regarding the potential shutdown and each passed the date. However this date is one to watch due to the information laid out from the article. In addition the government shutdown date for Oct 2 coincides with the Student loan time frame for the first recipients to receive student loan forgiveness. In any case the date of Oct 2nd is one to watch as the potential never seems poised then now.
Primary Wealth- Is Gold and Silver still relevant?
Tertiary Wealth!! Not a common phrase but one that stands at the forefront when you think about wealth. What is tertiary wealth you ask? Well it’s the paper currency we know as money, the stocks we hold in our 401k, the bonds, the IRA’s, the bitcoin and any other common form we so commonly associate with someone being wealthy. But this is really not accurate and for the most part it really does not matter until there is a economic crash, a natural disaster, or depletion of a known resource. And if you find yourself facing one of the situations […]
Will Puerto Rico’s Debt Crisis Cause Lost Pensions for Baby Boomers?
In this video I discuss the recent Puerto Rico’s Debt Crisis by going over an article by Michael Snyder in the Economic Collapse Blog. Why Puerto Rico has gotten very small coverage the islands problems are huge. Many people are not aware of how many pensions have been loaded with Puerto Rico’s debt and how this will erupt badly in the next couple of years.