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Debt and Taxes
Debt and Taxes
Moody's has downgraded the U.S. credit rating due to the debt the government has accrued. This is having an effect on the bond market. Having money in stocks, bonds, and mutual funds is not diversification. We discuss different investments, including alternative investments. We discuss the debt that the average person is carrying and how high balances and high interest rates make it difficult to pay off. We talk about tariffs and taxes as well as the problems that were caused by bad decisions by governments. Why was Hong Kong so successful? Why did we really fight the Civil…
The skinny
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