Debt Isn’t Giving Us Freedom
Achieving financial independence gives you more options in achieving what we want. Or at least, it breaks down some of the limits. It gives us more freedom and flexibility to choose.
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Expect More Mistakes as the US Empire Reaches its Closing Chapters
Come the next real war, and the US military will probably get whupped…badly. It is too larded with fat-duff careerists and expensive, over-sophisticated weapons to be an effective fighting force. And its standards are too…
The Fate of Final Rallies
I have been talking recently about how this final blow-off rally since the sharp 20%-plus crash into late December 2018 is tracking very close to the one that occurred from late October 1998 into late…
Coronavirus Attacking the Australian Economy: What Can We Do?
It’s not just China that’s caught between a rock and a hard place…which ‘health’ choice do we make…economic or personal? Do we sacrifice the well-being of some for the greater economic good?
Gold Near Record High…Now What?
Gold popped overnight. The yellow metal is trading for US$1,605.70 per troy ounce. That’s an almost seven year high in US dollar…
America is Doomed: People Are Greedy
America is doomed by human nature and the life cycle of empires. People are always greedy…for power, money, and status. As an empire matures, the worst of them capture the government…and use it for their…
Defined Benefits Plans Are Ticking Time Bombs
Defined benefit plans are ticking time bombs…all over the developed world. What’s happening in Queensland is part of a global story…one where hope is triumphing over reality.
On Friday, 21 February, This Tech Bubble Indicator Lists on the ASX
I see all the makings of another tech bubble forming. The launch of a broad ASX tech index on Friday is just another anecdotal sign.
How Much Faith Do You Have: Will the RBA Cut Interest Rates Again?
In today’s action, Asian and Aussie stocks are in the red. But not by much. That’s mostly due to investors’ faith that the world’s central banks will pull enough levers to keep any pullback from…
The Tech Delusion Has Made Its Way to Australia
The tech delusion has made its way to Australia too. This one is not so obvious. And maybe I’m revealing my bias here too. But I thought this snippet from the Australian Financial Review was…