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Signs Of Distress

The need to change is becoming more obvious than ever
Friday, August 11, 2017, 10:06 PM

The world is edging closer to the final moments after which everything will be forever changed.

Grand delusions, perpetuated over decades, will finally hit the limits of reality and collapse in on themselves.

We’re over-budget and have eaten deeply into the principal balances of all of our main trust accounts. We are ecologically overdrawn, financially insolvent, monetarily out past the Twilight Zone, consuming fossil fuels (as in literally eating them), and adding 80,000,000 net souls to the planet’s surface -- each year! -- without regard to the consequences.

Someday there will be hell to pay financially, economically, and ecologically as there simply isn’t any way to maintain these overdrafts forever. Reality does not renegotiate. Its deal terms aren't compromisable. » Read more

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Boomers vs Millennials

Society is pitting their interests increasingly at odds
Tuesday, September 27, 2016, 1:38 PM

In this week's Off The Cuff podcast, Chris and Becca Martenson discuss:

  • Boomers Have Everything To Lose
    • They cling to status quo to deliver promises made in the past
  • Millennials See Nothing To Gain
    • The future they're being asked to inherit appears bereft of value
  • Bridging The Generation Gap
    • How to replace strife with support
  • The Importance Of Mentoring
    • An age-old model need perhaps more now than ever
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Demographics - Crash Course Chapter 15

Age distribution is too lopsided to support entitlements
Friday, September 26, 2014, 6:21 PM

Our national demographic architecture no longer can afford the entitlement system we have. And that's even assuming entitlements were currently sufficiently funded. But as the last chapter showed, the existing programs are underfunded to the tune of $100-200 Trillion.  » Read more

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This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently published up to Chapter 2)

If you don't want to wait, you can:

 

 

 

 

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Let's Stop Fooling Ourselves: Americans Can't Afford the Future

Unemployment, taxes & unfunded retirements are squeezing us
Tuesday, March 12, 2013, 11:24 AM

The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently? » Read more

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Tal como hemos aprendido en los dos capítulos anteriores, nuestra nación padece unos niveles de endeudamiento hasta ahora desconocidos y muestra asimismo una incapacidad histórica para el ahorro.

Como algunos podrían rezongar que no es justo que miremos únicamente del lado de la deuda y de la incapacidad para el ahorro, ahora vamos a ocuparnos de los activos. Al fin y al cabo, ¿qué importancia tiene si alguien no ahorra nada y debe 1 millón de dólares, si posee 10 millones de dólares en el banco? Esa es una buena pregunta, así que veamos los activos.

Para empezar, ¿qué es un activo? Una definición podría ser que los activos son bienes que alguien posee en propiedad y que son convertibles en dinero; por ejemplo, recursos totales de una persona o negocio, tales como dinero en efectivo, pagarés y cuentas por cobrar, carteras de valores, existencias, fondos de comercio, mobiliario, maquinaria o propiedades inmobiliarias.

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Our nation has a historic, never-before-seen level of debt and a historic failure to save. Along with debt and savings, one also has to consider assets. After all, does it really matter if you have no savings and a million dollars of debt, if you have assets worth 10 million?

An asset is an item of ownership that is convertible into cash. Assets comprise the total resources of a person or business, including such things as cash, notes, accounts receivable, securities, inventories, goodwill, fixtures, machinery, and/or real estate.

Debts are fixed, while assets are variable. When you take on a debt, there it placidly sits, growing larger until you make payments on it. Assets, on the other hand, are variable, sometimes gaining and sometimes losing value.