Posted by Richer Daddy | Posted in video | Posted on 30-11-2011 |
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In this video Chris Martenson, economic analyst at http://chrismartenson.com and author of ‘The Crash Course’, explains why he thinks that the coming 20 years are going to look completely unlike the last 20 years. In his presentation he focuses on the so-called three “Es”: Economy, Energy and Environment. He argues that at this point in [...]
Posted by Richer Daddy | Posted in Finance | Posted on 01-10-2011 |
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I wrote this essay for your children and grandchildren. You’ve probably heard about America’s huge debt load. The U.S. government’s financial obligations now exceed $663,000 per American family. This burden will fall on the youngest Americans. It’s unethical. It’s unfortunate. But it’s the reality. With this giant financial obligation bearing down on them, it’s critical [...]
Posted by Richer Daddy | Posted in credit card | Posted on 15-02-2011 |
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If I were to borrow money from a bank to invest in a property, I would incur a debt. Is this debt considered to be a good debt or bad debt? Well that really depends on who is paying off the debt. Based on the Rich Dad’s series by Robert Kiyosaki, a good debt is [...]
Posted by Richer Daddy | Posted in Business, Finance | Posted on 30-11-2010 |
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Image by Getty Images via @daylife One of the most dangerous lies in all of finance and economics is the implied myth that inflation somehow “destroys” wealth. It doesn’t. Inflation doesn’t hurt everyone equally — inflation helps some and hurts others. Inflation is actually one of the biggest reasons large corporations are so powerful in [...]
How to Have Your Debt Paid in Full
The current national debt of the Untied States is an amount so staggering, few can grasp it. It’s one of the big reasons why national help with health care is so hotly debated, and people worry so much about Social Security.
There is an even bigger debt, though, than [...]