Investing in Precious Metals 101 ad

Tag Archives: budget

  • Insider
    CHOATphotographer/Shutterstock

    Off The Cuff: The Path Forward

    Deep down, we know what to do. Chris goes solo again.
    by Adam Taggart

    Friday, August 11, 2017, 6:14 PM

    4

    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.
    Enroll Now
    Or Sign In with your enrolled account.

    Read More »

  • Podcast

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

    Argentina is showing us the playbook in real-time
    by Adam Taggart

    Saturday, February 8, 2014, 7:36 PM

    24

    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 »

  • Daily Digest
    Image by vera46, Flickr Creative Commons

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

    by DailyDigest

    Monday, June 10, 2013, 2:27 PM

    9
    • 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

    Read More »

  • Featured Voices

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

    Utah is pioneering a bold new model
    by Adam Taggart

    Sunday, May 19, 2013, 3:06 PM

    8

    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
    Image by Dan4th, Flickr Creative Commons

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

    by saxplayer00o1

    Wednesday, April 24, 2013, 2:41 PM

    8
    • 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

    Read More »

  • Daily Digest
    Image by sacks08, Flickr Creative Commons

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

    by saxplayer00o1

    Wednesday, April 10, 2013, 3:14 PM

    1
    • 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

    Read More »

  • Daily Digest
    Image by PhillipC, Flickr Creative Commons

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

    by DailyDigest

    Tuesday, March 5, 2013, 4:20 PM

    7
    • ‘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

    Read More »

  • Insider
    © Crispchoice | Dreamstime.com

    Off the Cuff: Nonsensical Logic

    We don't support what we claim to value
    by Adam Taggart

    Thursday, January 24, 2013, 12:57 AM

    13

     

    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

     

    Enroll Now
    Or Sign In with your enrolled account.

    Read More »

  • Blog
    © Tijanap | Dreamstime.com

    The Structural Endgame of the Fiscal Cliff

    It's not just a temporary political event
    by charleshughsmith

    Wednesday, December 26, 2012, 6:51 PM

    2

    To understand this endgame, we need to start with the financial and political basics of wealth and power in the U.S.

    1.  Wealth and thus political power are highly concentrated.  The dynamics of rising wealth disparity and the increasing concentration of wealth are debatable; the disparity is not.  Roughly 70% of all financial wealth is held by the top 5%; within this top layer of ownership, the top ½ of 1% hold an outsized share.

    Read More »