Tag: debt

10 Points Missed on Student Loan Forgiveness

Student loan forgiveness is a hot topic, and I would like to add to it with another disagreeable thought. Oddly enough, many educated conservatives have split with uneducated Republicans on the topic. Perhaps it has to do with perspective or party politics, but the truth is that several perspectives are often ignored when the topic…

Student Loans: What Did We Think Would Happen?

You Took Out the Loan – Repay It! Is that really the best way to look at student loans? Let’s break down how this happened. After all, we cannot fix a problem unless we identify the problem first.   Let’s start with the fact that we sent our kids to government institutions of learning. We ensured that they spent most…

Economic and Projection Model Updates

This article is a follow-up to previous articles concerning economic and war cycles that have been identified and discussed over the previous two decades. Specifically, it is the continuation of work that began in 1999 and is meant to supplement previous statements and projections. For more information on those cycles, CLICK HERE. I write this…

Let Me Draw You Some Pictures… Because I’m Nice

RANT WARNING – CONDESCENDING STATEMENT (AND PICTURES) AHEAD In a recent post, Two Really Ignorant Statements And What You Should Know, I covered some of the numbers associated with the current economic situation. Somehow, some didn’t get it. I venture to say they simply didn’t read it. Yes, it’s long. I’m sorry, but our problems,…

The Student Loan Crisis – A Different Perspective

What follows is a clarification of a plan for dealing with a rising student loan bubble that can be fixed to our benefit. Read this through and do the math for yourself – you’ll see what I mean. Before I dive in, let me begin with a quote from Thomas Jefferson’s “Bill for the More General…

Understanding Interest: Things to Know

Without a calculator or Google, can you answer the following questions? If I borrow $2500 for the year at 9.25% APR, what is the total amount that will need to be repaid? Better yet, how much money will I get each year if I invest $2500 into a CD at 2.08% APY? The interest rates…

Strategize Your Debt With a Plan

You can get out of debt! However, it’s going to require a strategy. Here is what you need to do. List Our Your Debt The first thing you want to do is list out your debts according to payment. You can add the total balance if you’d like, but the point of this exercise is…

Money, Jobs, Banks and Debt

Wages have stagnated for years, but prices continue to increase, and the value of our labor decreases. This is essentially robbery, and education (or the lack thereof) is not helping. While you are working the same job with the same effort, the value of your labor decreases, and you can buy less with the money…

China on the Rise

Today we live in a world where international business is commonplace and often extremely beneficial. On the flip side, however, we are doing business and providing much-needed money to many of our enemies because of it. When anyone brings up the dangers of dealing with China, the rebuttal is almost always how much China needs…