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At no other time in history have we seen that the world’s leading power is also the world’s biggest debtor. Let that sink in – because it is everything to your portfolio choices.
For the first time we are seeing open rebellion against political and Wall Street practices.Â
Two years ago, the government CBO estimated a deficit for this year of $250billion – and failed to see a $1.6trillioin actual deficit for this year coming its way! And, while the same CBO estimates a budget deficit of $829billion for 2012 – a double dip recession is headed for a $2trillion deficit in that year, is the state of things shaping up. Continue reading Crisis in Confidence — Change Up Your Best Investing
