
Debt / Financial Stress
I talk about when rising costs, debt, and financial pressure become an unfortunate way of life.
For tens of millions of American families, financial stress has become a daily reality. Rising living costs, stagnant & falling wages, credit card debt, auto loans, mortgages, medical expenses, and unexpected emergencies continue to place growing pressure on household budgets. These articles examine the causes and consequences of financial stress, the risks associated with excessive debt, and the challenges families face as they work to maintain financial resilience in an increasingly difficult and challenging economic environment. Bottom line…I examine the pressures driving our financial and economic crisis and the risk it creates.
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Will the US survive?
The other day, thew 17th to be exact, I posted an article…okay, more of a rant…on the US and the rest of the world economically speaking. I made it clear that the US historically is…
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BigCorp vs Workers & Foreign vs Domestic
WARNING: I am on a roll…and I am mad…and I am frustrated…and I am fed up. In this article I provide lots of facts and statistics…but I also go on a rant a time or…
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SitRep – 1/6/2025
I guess I should start off by wishing everyone a Happy New Year. But…I am just not feeling it. I am going to try one of the short version SitReps and include a short personal…
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Predicting The ‘Economic End Of The World’ Over The National Debt Have Been Consistently Wrong
note: the title of this post comes from a headline, it is not my feeling. Last week a very well known and respected money guy talked about the national debt, now approaching $37trillion. He made…
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The Markets & Economy…Bottom Line
I wanted to wait till this morning to see how the markets did overseas before posting this article. And it will be interesting to see what happens at the opening bell this morning on…
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You are 100% wrong about the economy!
From: anonymous You are 100% wrong about the economy! I see it doing very well. I am making good money, just bought a house, and contribute every payday to my 401k. Why do you spread…
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Points/Events in History Destroying the United States
From: unknown When did the USA crash & burn? First off, let’s agree what “crash & burn” means. I believe you are referring to transitioning from a Constitutional Republic established by our Founders to the…
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Blithering idiots !
So my wife gets into a minor exchange on Facebook the other day with a person who couldn’t understand how and why people think the economy is doing poorly. My wife tried to explain the…
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SitRep – 5/31/2024 (Economy)
Yeah, everyone is talking about Trump being found guilty by the New York kangaroo court…not me, not yet. What is far more important is the crumbling economy and its potential impact on you and your…
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SitRep – 5/23/2024
It has been awhile since I have written a SitRep, about 3 months actually. Since then a lot has happened, most of which you already knew was coming…no surprises…almost. However, I was blindsided with one…
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Can the US be saved…Why not?
In a previous post you were asked ‘Can the US be saved?’ I read your answer. It was incomplete. Why not? There are three major insurmountable obstacles to America being saved. #1 – Debt. Never…
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JoeyP and the SOTU last night…
Wow! Yeah, I gotta start off that way, it’s my overall response to last nights SOTU from JoeyP (Joe-the-Pervert). I wasn’t even sure that I was going to write anything about the SOTU unless something…
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Economy: Please explain…
So here is a follow-up question from yesterday’s article… I read your article yesterday and it made sense to me. I have a ton of questions but one in particular. Why do so many experts…
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What does this mean?
The US federal government runs on what is called a ‘fiscal year’ vs a calendar year. It just means that their financial year is from October of one year until September of the next year.…
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SitRep – 11/9/2023
It has been a long time since I produced a SitRep; actually it’s been 4 months since the last one…and 3 months before that for the “critical” one. But, I have had a fair number…
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GDP 4.9% : Economic Celebration ! !
Ahhhhhh…not so fast. First off, what is “GDP” in this context? GDP is short for Gross Domestic Product. GDP is the monetary measure of the value of all the goods and services produced in a…
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Current State of the Union – 10/19/2023
I started this article about 3 weeks ago, I stopped working on it due to a number of factors, some of which I have already talked about. I debated continuing this article and posting it,…
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Economy Manipulated ? ?
Let’s open with hardcore news from the week of 8/7…there is a very specific reason for going over these details so just follow along… As of 8/7 total credit rose $17.8 billion exceeding estimates by…