What if all of this financial advice is wrong? What if the conditions are changing and the old rules no longer apply? [...]
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What if all of this financial advice is wrong? What if the conditions are changing and the old rules no longer apply? [...] This week, I read on The Daily Ticker that 25 of the top 100 highest paid CEOs had higher salaries than their company paid in federal income taxes. I don’t know what is more ridiculous, that companies paid their CEOs so much or they paid so little in taxes. [...] Things that have worked well in the past aren’t necessarily going to work well in the future. The pace of change is accelerating and the conventional rules of work, education and investing are becoming obsolete. [...] The Federal Reserve lent out over $16 trillion during the financial crisis in 2008 and then refused to provide any information to the public. This was the biggest and boldest swindle ever devised. [...] The Republicans and the President are finally close to cutting a deal to keep the government from defaulting. But, the deal smells more like a ploy to avoid the problem until the next election than a serious attempt to control runaway spending. [...] |
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