Budget

Insider

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Off The Cuff: The Path Forward

Deep down, we know what to do. Chris goes solo again.
Friday, August 11, 2017, 2:14 PM

In this week's Off The Cuff podcast, Chris talks about:

  • Our Ecological Budget Is In The Red
    • Our short-sightedness is dooming us
  • Our Economic Budget Is In Similar Danger
    • Again, we are living way above our means
  • Politically, We're Stumbling Badly, Too
    • North Korea, Russia, Syria, domestically...the list is long
  • We Can Do Better
    • There are plenty of better models out there, if we look for them

Recording from vacation on a small island in Maine with no power, this is different than our standard Off The Cuff. Chris takes time to reflect on the repercussions of our poor policy choices and how those are manifesting in the world. What makes our mistakes so regrettable in his eyes is that there are clear ways to do things better -- we don't need new magical solutions to appear; there are models that work right on the table, ready for use; if only we're bold enough to embrace change.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Daily Prep

Photo by Tim MacWelch

Prepping on a Budget

10 Survival Items That Everyone Can Afford
Thursday, September 29, 2016, 6:45 PM

A number of inexpensive and very useful preps to have for an emergency or just around the house for non-emergencies. 

http://www.outdoorlife.com/blogs/survivalist/prepping-budget-10-survival-items-everyone-can-afford

Podcast

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FerFAL: Here's What It Looks Like When Your Country's Economy Collapses

Argentina is showing us the playbook in real-time
Saturday, February 8, 2014, 3:36 PM

Argentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years, and looks poised to do so again soon.

Its currency, the peso, devalued by more than 20% in January alone. Inflation is currently running at 25%. Argentina's budget deficit is exploding and, based on credit default swap rates, the market is placing an 85% chance of a sovereign default within the next five years.

Want to know what it's like living through a currency collapse? Argentina is providing us with a real-time window.

So, we've invited Fernando "FerFAL" Aquirre back onto the program to provide commentary on the events on the ground there. What is life like right now for the average Argentinian? » Read more

Featured Discussion

Success In Staying On Budget

Success In Staying On Budget

Are you finding it challenging to stay on/under budget given the cost of living where you are? Or are you able to save well?

Daily Digest

Image by vera46, Flickr Creative Commons

Daily Digest 6/10 - Rains Plaguing Midwest Farms, Big Brother Is Listening And No One Cares

Monday, June 10, 2013, 10:27 AM
  • NSA whistleblower Edward Snowden: 'I don't want to live in a society that does these sort of things'
  • Neil Macdonald: Big Brother is listening in and no one seems to care
  • Leaker’s Employer Became Wealthy by Maintaining Government Secrets
  • Gold Price Reflecting Mike Maloney’s “First Deflation Then Inflation”
  • World’s Largest Coal Company Invests in Solar Power to Reduce Energy Costs
  • The Sequester May Start To Show In Data
  • After Drought, Rains Plaguing Midwest Farms
  • Mott Green, a Free-Spirited Chocolatier, Dies at 47
Featured Voices

Rep. Ken Ivory & Dan Griffiths: Creating a Financial Emergency Plan for States

Utah is pioneering a bold new model
Sunday, May 19, 2013, 11:06 AM

In a country where insolvent states increasingly compete for Federal funds, Utah is bucking the trend. And in the process, it's showing the type of leadership this nation will need more of to deal with its national economic plight.

A recent slew of new legislation has been passed collectively known as the Financial Ready Utah (FRU) initiative to assess the state's greatest financial vulnerabilities and to identify the most promising programs for addressing them at the state, community, and household levels. As a result of its earthquake-prone geology, Utah has developed a robust statewide disaster-response system. The FRU initiative prudently asks: Shouldn't we also have a financial-earthquake preparedness program in case of another 2008-style (or worse) economic shock, which the math indicates is more than likely? » Read more

Daily Digest

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Daily Digest 4/24 - U.K. May Have Slipped Into Third Recession, Pensions In Danger

Wednesday, April 24, 2013, 10:41 AM
  • U.K. may have slipped into a third recession
  • Police Warn Budget Cuts Could Lead to Fewer Officers
  • Meals on Wheels faces Federal cuts
  • Time for Growth: Austerity Has 'Reached its Limits,' Barroso Says
  • Utah cancer clinics turning away Medicare patients
  • San Francisco official probes whether Nevada is 'patient dumping'
  • MU sees 866 percent debt increase over past 10 years
  • City remains knee-deep in more than 7,000 abandoned properties
  • Call for new U.S. crossing fee at land borders criticized in both countries
  • Indian Jewelers Offer Premium on Gold Imports as Demand Surges
  • Parents cutback on food for kids to cope with rising prices
  • Bernanke Gets Japanese Assist in Helping Homebuyers: Mortgages
  • Sanford facing $20 million shortfall; pensions in danger
Daily Digest

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Daily Digest 4/10 - Americans Skipping Meds To Save Money, Italians' Spending Power Crumbles

Wednesday, April 10, 2013, 11:14 AM
  • Blue Angels Grounded by Budget Cuts for Rest of 2013
  • Cyprus Faces Risk of Payments Freeeze, Budget Shortfall Looms
  • Arizona gold bill moving forward
  • Five million households in debt to energy firms
  • Fitch Cuts China Yuan Debt Rating on Local Government Borrowing
  • French economy stalls as budget deficit grows
  • Stately Detroit Homes Rot As Appraisals Stall Sales
  • US homeless numbers expected to rise as spending cuts deepen
  • Italians' spending power crumbles in recession
  • Bass Says Japan Bondholders’ Reaction to Stimulus Telling
  • Interest on government student loans set to double this summer
  • Americans Skipping Prescription Meds To Save Money
Daily Digest

Image by PhillipC, Flickr Creative Commons

Daily Digest 3/5 - ‘Massive Layoffs’ Predicted In Law Schools, The Wealth Beneath

Tuesday, March 5, 2013, 12:20 PM
  • ‘Massive layoffs’ predicted in law schools due to big drop in applicants
  • BOJ nominee Kuroda sets out aggressive policy ideas
  • BMO Lowers Mortgage Rate To Record Low; Flaherty Warns Against Lending War
  • Info boss says B.C. isn't writing down key decisions to avoid public scrutiny, FOI requests
  • Calvin McCraw, Homeless Oklahoma Man, Lets People Vent To Him For 50 Cents A Minute
  • Four Things To Know About The Next Big Budget Battle
  • Zambia, Zimbabwe and Botswana: The wealth beneath
  • China Overtakes the US to become the World’s Largest Oil Importer
  • Shell to build LNG plants in Ontario and Louisiana
  • Toyota's i-Road to debut at the Geneva Motor Show
  • Taiwan tests recycling's limits with bus stops out of bottles
Insider

Off the Cuff: Nonsensical Logic

We don't support what we claim to value
Wednesday, January 23, 2013, 8:57 PM

In this week's Off the Cuff podcast, Chris and I discuss:

  • Market Mania
    • Our "no worries" financial  markets
  • Nonsensical Logic
    • From Japan's monetary strategy to Obama's inaugural speech
  • The Managed Rise in the Price of Precious Metals
    • Intentional, yet unsustainable, manipulation
  • The Really, Really Big Picture
    • Peak "cheap" oil, "net" energy crisis, and flow rates