U.S. Debt Clock Reveals Time Isn’t On Our Side
The U.S. is the Debt Engine to the World Take a look at the map of the world below. It shows in the purple color the countries in the deepest debt as a percentage of GDP. Interesting how most of the other countries in the world can manage their finances better than the U.S. can. Could it be because these countries are actually producing something?
Read MoreFrom Green Shoots to Drought? Making Economic Sense of Investing
But calling the exact top isn't what's important. Keeping and growing your wealth is. To do this, you must make sense of the economic data that are causing the green shoots and decipher for yourself whether they will blossom from here or wither and die from a potential drought.
Read MoreDigger’s Friday Triple Play
Doug Digger Eberhardt's Top 3 Articles and Posts of the Week - Click on headline for full article
Read MoreCalifornia Economics Professor Wants to Drive California Off a Cliff
So his answer is to keep government spending going and the status quo spending that got us into this mess in the first place. Let me ask you something....if your family is in dire financial straits, do you cut back in your spending or keep things as they are?
Read MoreIs Warren Buffet Right About Inflation?
Because we know that inflation is in our future, your investments better be hedged with gold in preparation for this tidal wave of inflation.
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