Three Essential Economic Facts You Want To Know… Maybe

I am so sick of all the hype in the media. One guy is doom and gloom with the world entering cataclysmic depression by the end of the month. The next guy is optimistic that the Fed/Dr. Bernanke have cured all economic ills and we are on our merry way to perpetual prosperity and bliss. Such hype sells well but serves nobody. That is why I liked the following post from…

How Can I Protect My Portfolio?

A reader from Spain asks, “How can I protect my wealth in these crazy times?” As it turn out, it really doesn’t matter if you are a Spaniard, U.S. citizen, Japanese, European or beholden to any number of other country’s debt laden fiscal policies, governments around the world trained by Keynes are “kicking the can down the road” by going deep into debt rather than solving current financial problems. This has introduced unprecedented levels of risk and undermined citizens sense of financial security. So what can you do to protect your own portfolio?

Essential Investment Reading For The Weekend

Conventional financial media is completely missing the economic boat. They publish endless nonsense about Washington while important issues are burning all around them. Here are some educational articles published in the last week that no investor should be without…

When Will The Bank Bailout Nonsense End?

The Fed and Treasury are spending your money in ways you likely would never approve of if you understood it. The sad reality is not one person in 1000 really comprehends the long-term implications of all the legislation favoring banking special interests at the direct expense of the public (you and me) – and that is why they get away with it. To gain a greater understanding of the ongoing and ever-escalating bank bailout insanity and what it will cost you…

6 Steps To Recover From Financial Disaster

If you’re suffering from a serious financial setback recently don’t worry – you’re not alone and there is a solution. In fact, your path to recovery and prosperity is well worn with proven action steps. So let’s get started with the six steps you need to recover from financial disaster…

Bank Bailouts Are Wrong

Let me be clear – this asset deflation will not end until asset values decline to the point that their cash flows support valuations. This is basic investing and economics. Any governmental attempt to reinflate values by incurring debt on behalf of the taxpayer is a waste of your money. It is merely tranfering value from you (who never benefited from the speculative excesses) to bank bondholders and corporate shareholders. It is economically foolish and morally wrong…

Tragically Entertaining Interview

If you are as frustrated as I am with the government bailout of Wall Street that sends good money after bad and burdens you, me, and our children (taxpayers) with horrific debt, then you will love this interview. It shows the clear separation between how financial experts view the government bailout policy and how the media spins the whole process…

Michael Lewitt On The Global Financial Crisis

This is the third and final installment in our series on the global financial crisis. Although this won’t be the last word on this subject it is the last post in this series. I found this article by Michael Lewitt particularly interesting because…

John Hussman On The Global Financial Crisis

This week I will be offering up two more posts on the global financial crisis. Why? Because it is critically important to your wealth and financial future to understand what is going on. It’s also timely because after months of confusion the high quality writers are finally wrapping their heads around the problem to provide worthwhile insights…

Jim Rogers On The Global Financial Crisis

Jim Rogers is always worth a listen and his latest interview on CNBC is no disappointment. He delivers a rant about our government’s handling of the financial crisis that speaks my mind clearly. I believe the government is exchanging a bad case of the flu for early stage terminal cancer through their mishandling of the crisis and Jimmy seems to share that viewpoint. The link to the interview published on businessweek.com is here…