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Everything is Great …Until it&#...
Yesterday Alan Greenspan told congress `That is precisely the reason I was shocked because I’d been going for 40 years or more with very considerable evidence that it was working exceptionally well.” This is a great example of how we are blindly influenced by the way our brains make meaning in the world. What we consider to be e [...]
Money as Debt Video
If you have not seen this video, please take the time to watch it. This will explain how we have gotten to this point. Have you ever thought why there is more debt in this world than there is money to repay it? This video will explain it all and more…
Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and [...]
If it Bleeds it Leads – Why do ...
Have you watched your local nightly news lately? Probably not if you’re like most Americans under the age of 61, but you’ll still get my point. I’m guessing you’ve watched more financial news in the last month than usual in reaction to fear around money, stocks and the economy in general.
I accidentally saw the first [...]
How Much Do Financial Experts Really ...
Why are we listening to financial “experts”? Have you noticed that all of the so-called experts on television and in print are the same people who did not notice or warn anyone about the current financial situation? So what gives them the expertise to now give out advice on how to repair it?
Before you follow the advice of the t [...]
Maxed Out Movie Explains How Credit C...
It’s already being prophesized that the next financial meltdown wave will be focused on credit card debt.
The abuse of credit cards by both lenders and borrowers has been well documented for awhile. Since most of the population blindly racks up credit card debt with little awareness around the pitfalls of being on the giving end of com [...]
Our “Unpredictable” Econo...
Nassim Nicholas Taleb, the #1 NYT Best Selling author of Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets and The Black Swan: The Impact of the Highly Improbable, predicted the current banking crisis 12 years ago.
As a trader for 18 years, and an intelligent critical thinker his entire life, Mr. Taleb knows of that [...]
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