How Illinois and other states can suffer a debt crisis like Greece but why it wouldn't lead to an economic depression similar to what Greece suffered. Photo by Oleksii Khodakivskiy In this episode you’ll learn: How the economies of Greece and Portugal compare to Illinois.Why Illinois and other U.S. states have similar constraints as Greece to combat recession.What is an internal devaluation and why doesn't it work.What are sudden stops. Show Notes State of Illinois … [Read more...]
162 Plus: Fixed Income Options, U.S. Fiscal Gap, and an Investment Advisor Portfolio Review
This week June 24, 2017, we compare bank certificate of deposits, savings accounts and short term bonds. We also review an asset allocation and portfolio review prepared by a wealth manager for a member. Finally, we look at why the U.S. fiscal gap and generational accounting is the wrong problem to worry about. … [Read more...]
