Going on vacation so posting might be spotty for a couple of days. A lot depends on the internet connection I have at the place Im going.
Debt is bad thing, period, just because some people have used it successfully to their advantage, just means they are the exception that proves the rule. Americans Families personal debt topped 1 Trillion dollars in 2008 (fortune.com/2016/05/20/americans-credit-card-debt-is-set-to-hit-1-trillion-this-year/) and every year the personal debit seems to be going up and up, in 2014 it was at another all time high of almost 4 trillion (www.bloomberg.com/news/.../consumer-debt-hits-an-all-time-high) I heard on the news on the way into work today it is at another all time high of 14 trillion I guess in relation to our national debit which stood at 18 Trillion + in 2015 (https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm) People are emulating their government is all. They see their representatives can not control their spending and don't seem to care, so why should it surprise anyone when the common man does not. The same principle applies to when you teach kids in school that they come from animals and then expect them to not act like animals.
Anyway, my mini rant is over and I hope all of you will get out and stay out of debt.
Given the precarious nature of the current global economic situation, and the increasingly dire outlook for the US economy, the latest Web Bot Alta report from Clif High is one not to be missed. From mega quakes to volcanic eruptions like the Mount Sinabung eruption in Indonesia which killed villagers, the earth is changing, while the economic collapse is becoming increasingly evident: Pension funds are being gutted, many U.S. states are bankrupt and the web bots warn a banking holiday is on the way.
Tune in, listen up, and then get prepared. it’s coming.