Monday, August 15, 2022

In the #News

“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain

Subscriber Comments

Argentina hikes interest rate again as inflation hits 20-year high. The Argentina government has run their economy into the ground by spending, and borrowing more money than their economy handle. The only difference between it and the United States, is that the US maintains the world's core currency. This enables them to borrow to infinity, speak with arrogance to the reset of the world, at least until the music stops.

We would love to write that most Americans will never experience the effects of irresponsible government within their lifetimes, but this likely only applies to the elderly. Irresponsible and negligent spending of other people's money under the guise of righteousness, regardless of the political face, will end in tears. Human only seem to learn after they lose everything.

Today's EAC Review, the recent The Series 1 Economy & Stock Report 10/20/21 update, and Stocks & Risk-on Special Report expands the discussion that likely won't be added to the Disney's Hall of Presidents attraction. If you don't get into the gamed immediately, the invisible hand becomes the teacher.

The invisible hand is coming for us. Either you understand, and start preparing for the unexpected, or prepare yourself to lose your standard of living tomorrow.

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