Why is it that every time I go into a retail store they are trying to push some overprices scam credit card offer up on me. I mean like WTF? This time I give a polite answer no and this ladies response is amazing. She’s working at Old Navy and trying to tell me how to run my finances….well excuse me please take a flying leap
stimulate economic growth. For the last few years money growth in the US has been over 10 percent, much higher than the growth of the economy (GDP). This does stimulate the economy, but the dollar also looses it’s value (inflation). New money (credit) is not given to economic participants but lend to them. By now the American consumer is deep into debt (mortgage) and the US government too (bonds). Total debt in the US is over 40 trillion dollars. Total debt is 330 percent of GDP, in 1929 …
Every week Max Keiser looks at all the scandal behind the financial news headlines. This week Max Keiser and co-host Stacy Herbert name the top five themes to look for in 2010: the second leg of the financial crisis; crime will continue to pay; sovereign debt crises, real wars and fake wars. Keiser also speaks to Icelandic activist Johannes G. Skulason about his campaign to thwart the efforts by the UK and Netherlands to force citizens of Iceland to pay for the crimes of their banks….
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At the beginning of the year we set 2 financial goals concerning our debt and our savings. Due to a few unplanned emergencies over the course of 2009 there is no earthly or mathematical way for those goals to be achieved from our income. We are choosing to see this as our opportunity to yield the situation to the power of Gods miracles… if He so chooses. For details read our post on DebtFreeAdventure.com: www.debtfreeadventure.com