Normally, I like to start my posts with a cartoon. Unfortunately, there’s nothing funny about this (click clock):
- The real story behind America’s new $20 trillion debt
- America’s fiscal doomsday machine
- More dangers now than in 2007
- Three massive bubbles in 17 years. A 60% decline coming?
- Another investing billionaire says it’s a bubble
- U.S. investor optimism hits 17-year high
- Everyone else is wrong.
- Despite spending much of my business career in and around the hard asset-camp, I by no means believe I’ve any real true knowledge of the digital-currency market. But I do believe if we’re going to call it a currency of some type, we need to appreciate we would be very concern about any currency that rises or falls as much as a Bitcoin has. I’m not certain this analyst is right in calling it the ultimate pet rock, but I do think the mania in it brings back memories of the internet craze just before it blew up. The Internet ended up blossoming, but much was lost by many before real companies became much of the pie. My simple reply when asked about Bitcoin is this.
- With proper estate planning “before it’s too late”, little or no estate tax should be owed by most.
- 20 brutal truths about life no one wants to admit