Debt

Poet's picture
forum

Generation Screwed: Why millennials are facing the scariest financial future of any generation since the Great Depression

Generation Screwed: Why millennials are facing the scariest financial future of any generation since the Great Depression0

I am not a Millennial, but I consider this long and in-depth article a must-read.

"This is what it feels like to be young now. Not only are we screwed, but we have to listen to lectures about our laziness and our participation trophies from the people who screwed us.

The Accelerated Crash Course

This Accelerated Crash Course video condenses over 4.5 hours' worth of detailed material on the trends most likely to shape your future into an easy-to-follow exploration that takes less than an hour to view.

Please take the time to watch it. It could very well be the most important life investment you can make with an hour of your time. » Read more

The Crash Course

The Crash Course will provide you with the context for the massive changes now underway, as economic growth as we've known it is ending due to depleting resources.

But it also offers real hope. Those individuals who take informed action today, while we still have time, can lower their exposure to these coming trends -- and even discover a better way of life in the process. We'll show you how. » Read more

The Crash Course: "Classic" version

The Crash Course seeks to provide you with a baseline understanding of the economy so that you can better appreciate the risks that we all face. The Intro below is separated from the rest of the sections because you'll only need to see it once...it tells you about how the Crash Course came to be. » Read more

Swampmama3's picture
forum

Should we go into debt to buy connecting acreage?

I'd really like some objective advice here.  Any thoughts you have would be deeply appreciated.

kmarinas86's picture
forum

Simple A + B Math. Why book profit is the cause of systemic usury.

Consider the case of a microeconomy.

Let A = $500 / month

Let B = $100 / month

If:

rate of spending in the economy = A + B

and:

rate of building up capital (profit) = B

Then:

B = rate of building up capital in the balance sheets of firms

A = rate of return to various people (e.g. workers, leaders, investors, etc.) on spending performed by spenders (e.g. customers, individual buyers, other businesses, etc.)

grondeau's picture
forum

Fiscal Conniptions

kmarinas86's picture
forum

A Vital Modification to Mike Montagne's Mathematically Perfected Economy

For 44 years, MPE (http://www.perfecteconomy.com/) has survived all arguments against it. This topic was previously discussed on these boards back in 2010:

Travlin's picture
forum

Crash Course confirmation – 1 Personal debt

Topic: Personal debt – A basic principle of the Crash Course is that we have been on a debt binge since the 1980s.  This couldn’t be sustained, and is causing massive disruptions and losses.  So let’s focus on personal debt in the USA.