How Good Is Your Comfortable Retirement Guarantee?

For generations Baby Boomers were told to follow certain rules and, with Social Security, then later Medicare, they were guaranteed a safe, comfortable retirement. Oops! For many it is not happening; did they fail to read the small print, or understand things? Dictionary.com defines guarantee, with some examples: noun “a promise or assurance, especially one in writing, that something is […]

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Big Brothers Are Fighting For World Domination

The struggle for world domination is never-ending. Governments, with their armies, fight to control not only their population, but also the rest of the world. The tools and battle strategies may change, but the goal never does. Immediately after finishing our article about digital currency combined with negative interest rates, Chuck Butler wrote “China’s Digital Currency Is Ready For Prime […]

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Does Texit Follow Brexit?

In 2016 the British voted (Brexit) to leave the European Union (EU). Brexit finally happened in January 2021. The EU never negotiated in good faith. Their goal is to punish Britain and discourage other nations from ever considering leaving their fiefdom. Wolf Street ran a two-part series about the progress. “Brexit began in earnest…on January 1, with the entry into […]

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How Will Rising Interest Rates Impact Dividend Stocks?

As the world awaited the new bailout bill, CNBC reported, “10-year Treasury yield hits highest level in a year”. “The yield on the benchmark 10-year Treasury note climbed to 1.29% at around 4:15 p.m. ET, breaking above the 1.28% level for the first time since February 2020. Meanwhile, the yield on the 30-year Treasury bond rose to 2.08%. …. The […]

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MMT – Modern Monetary Theory –or– Magic Money Tree?

The politicos are hawking Modern Monetary Theory (MMT) to finance their reckless spending. Investopedia explains: “Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries (that) spend, tax, and borrow in a fiat currency they fully control, are not operationally constrained by revenues when it comes to federal government spending. …. The central idea of MMT […]

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