TSP & Vanguard Smart Investor Posts
Millennials have a fraction of the wealth the boomers had at the same age. College costs 10 times more today than when I went to college leading to college debt serfs. Homes prices are up 500% since I graduated thanks mostly to suppressed interest rates creating home mortgage debt serfs.
Wall Street banks have rebuilt that derivatives doomsday machine today – a $168 trillion monster concentrated at four mega banks on Wall Street. But as we read through dozens of pages of written testimony submitted by witnesses for today’s Senate Banking hearing, the word “derivative” did not appear once.
This Heather Cox Richardson post explains a lot about the methods and objectives we are seeing in the US today. The conservative elite model of leadership: —————————————————————— Today, Hungarian Prime Minister Viktor Orbán posted on Facebook a photo of Fox… Read More ›