You can’t overestimate the value of skills in a barter economy like the one in Venezuela. Those with skills survive, and those without are suffering terribly.… Read the rest
Anyone with a price book will agree that the cost of nearly everything has been steadily going up. Unfortunately, wages are not increasing at the same rate. … Read the rest
When looking back at the collapse of Venezuela, I see that nothing there happened which was new. As many other countries that have experienced similar circumstances … Read the rest
The economic collapse of Argentina in 2001 is the stuff of prepper legends. For years, it was the example that we pointed to when trying to convince … Read the rest
You know all those reports about how lots of Americans can’t afford a $1000 surprise expense like a medical bill or a car repair? Well, forget additional … Read the rest
They say nothing lasts forever. But sometimes, I know there are situations that seem to be eternal, and that is how it has seemed during … Read the rest
The only certainty is that nothing is certain. – Pliny the Elder
President Trump has delayed his decision on whether or not he’ll be imposing tariffs, … Read the rest
A few things you need to watch for economically this week could very well set the table for what comes next week and beyond. The influencers … Read the rest
If you’ve noticed that it takes a lot more money to live the middle-class American Dream than it used to, you aren’t alone. Buying a house, saving … Read the rest
It’s been said that when the U.S. sneezes the rest of the world catches a cold. Inflation by overall annual average has been below target for … Read the rest
The ten year U.S. Treasury Bonds rose above 3% for the first time since January 2011. The main reason is speculation that the Fed will seek … Read the rest
Global economy and geopolitics are underpinning the oil price surge and gas prices are going up.
Who recalls the oil embargo of 1973? That was when … Read the rest
Looking back, there were warning signs. First, let me tell you what life used to be like before the Venezuelan economic collapse.
I usually wake up … Read the rest
