POPULARITY
This week I came into the KVTA Ventura studios and decided to broadcast live and take calls.I really want to know what YOU want to hear about! I started to get into David Stockman and the difference between how the markets and economy appear and what Mr. Stickman thinks they're really doing. BUT...the phones kept ringing and YOU ALL are much more interesting.Well, some nice ladies called in and we heard some fascinating stories. Check out this special editions!
After a lifetime of accumulation of savings and wealth, for retirees the entire games changes to the spending of wealth.So how does your portfolio provide for you then? In the past retirees have leaned heavily on income producing assets, such as dividends and bonds.Dividend payments have particular frailties. They're never guaranteed and, as shown by the 2018 collapse of telecom dividends, (Frontier, Century Link, etc) the income can be shut off with little or no notice. And when that happens, the stock price tumbles so that investors are trapped in quicksand, where it's impossible to get the money back out that they invested and take it somewhere else.Bonds have their own trap, also discussed in this episode.And so, in this episode of Straight Talk Wealth Radio a surprising new approach as to how income can be generated by a portfolio, known as Longevity Credits, is revealed. It can grow income from a portfolio in ways that have zero with to with the movement of interest rates or the direction of stocks. And it can produce income, often at substantially higher levels than dividends or bonds, and that will be guaranteed for life at that level OR BETTER!If you ever think you'll need INCOME from your retirement portfolio, be sure to listen to this episode of Straight Talk Wealth Radio, before you find yourself stuck in the old traps of dividends and bonds.
We've never covered this topic before, but every single person age 64 1/2 should be paying close attention. Medicare rules are changing. Rates are changing. Benefits for Medicare Advantage and Medicare Supplements are changing.This week, Bruce brings in Ventura's leading Consultant on Medicare, Jessica Jones, to discuss why your Medicare coverage is NOT something you stop paying attention to!
The U.S. economy is currently in the midst of the longest expansion in history. But for retiring Boomers, or those near retirement, it's not about where we've come from, but about where we're going! Boomers don't have any room left for another decade of mistakes in their saving or investing strategy.Of course, there are only two answers - Growth or Contraction. And if you're like the average IRA or 401k owner, you're hearing both stories circulating right now, and you don't know who to believe!In this episode of Straight Talk Wealth Radio host, Bruce Weide, reaches out to economists on both ends of the argument and helps you understand the essential differences in their current economic predictions so that you can better think for yourself, by better understanding Economics 101, and the basis of their arguments.Episode features two opposing viewpoints about the future of the American Economy!With Logan Mohtashami, financial writer and blogger covering the U.S. economy with a specialization in the housing market. https://loganmohtashami.com/And Harry S. Dent, N.Y. Times Bestselling Author of Sale of a Lifetime - How the Great Bubble Burst Can Make You Rich.https://economyandmarkets.com/
In anything you're trying to master, the fundamentals of the subject are the first thing to fully grasp and become comfortable with.Baseball? Practice your hitting, fielding, double-plays, over and over and over again, and you've got a shot at winning games.Musician? Practice your scales, arpeggios, and chord structure to get good at your instrument.So what are the fundamentals of Retirement Planning? And just as important, when it is time to question them and reassess them? In this show, Bruce demonstrates that recent times have shown that the fundamentals of "Investment Planning" are not the same kind, don't work, and can get you into big trouble when you apply them to Retirement Planning. Investment Strategies are NOT Retirement Strategies! Find out the difference and how you, too, can learn to master the fundamentals of Retirement Planning.Also, listen to how you can get a free copy of a special calculator, designed by Bruce for use with his clients, that can help you get facile with calculating your own future retirement income planning, including inflation and projected portfolio growth.
How much of your cash is earning less than 2%? That's easy enough to fix!In this episode Bruce shows how just getting small increases in your interest bearing savings accounts makes big returns over not so much time.Learn how to turn your money in 0.5% CD's at the bank into something better with 2%, 2.5% or even 3.7%. Learn how to get the fees out of your savings account!Learn about the huge effect it has when you turn taxable annual interest into real tax-deferred growth with true compounding.Don't miss this most practical episode of STW Radio!
How much of your money is earning less than 2%? That's LAZY MONEY and there is no reason for it!Too many people are sitting on huge sums of cash earning practically nothing, only because they can't strategically make up their mind on how to build their portfolios for Income, Growth, and Liquidity!In this episode Bruce demonstrates that the cost of getting paltry interest rates on even your bank savings account is needless and very costly in the long run. $100,000 earning .1% in a inflationary environment of 3.5% is loosing $3,400 a year in value. Or over $18,000 in 5 years (compounded)!Bruce surveys the possibilities to find that much better rates exist for totally liquid money; 5-yr money; or long term money. But Lazy Money = Lazy Parents that just aren't bothering to find these substantially higher rates.Lazy money is also found where dividends and interest are needlessly being taxed but not taken as income. Or worse yet, they may be forcing substantially more of your Social Security check to be taxed than need be.Get that Lazy Money off the couch and get it to work! Listen to this very practical episode of Straight Talk Wealth Radio today!
WARNING: Your stock and fund broker would prefer you did NOT listen to this episode of Straight Talk Wealth Radio!The fact is that there are 3 key erosion factors to any retirement portfolio that your wealth manager might be able to guess how to manage against, but they can never guarantee the outcome.If you live too long, or if you plan on a portfolio withdrawal level that you think is reasonable how prepared will you be to reduce your standard of living by 40% halfway through retirement when markets, inflation or interest rates change your financial landscape later on? It's actually possible to guarantee that such an event can never touch you, but only if you know how to plan correctly ahead of time.We'll show you how in this episode of Straight Talk Wealth Radio.
Presently, !0,000 Baby Boomers A DAY turn 65 in the U.S., and it will continue until the year 2030! At that time there will be more people old people (over 65) in the U.S. than young people (18 and under) for the first time ever in the history of the country!Stats show that 7 out of 10 retirees will need Long Term Care (LTC) support services at some point in their retired life. Then this from the WSJ: "Millions Bought Insurance to Cover Retirement Health Cost, Now They Face an Awful Choice". That's because LTC Insurers are throwing in the towel from losses (long before the crush has even started!) and either leaving the market or raising rates dramatically.What choices will be left for aging Boomers? Bruce covers the story in this episode!
Annuities are LONG-TERM contracts! And annuity salesmen are well-trained to always "Sell the Sizzle"! They talk about great features, but omit the details.How long are your funds tied up? What benefits do you think you are getting for that?Why would your annuity salesperson show you just one or two models when there could be dozens to consider?What's your purpose for buying the annuity? Safety? Liquidity? Future guaranteed income? Living benefits such as long-term care funding? Growth? Without knowing how to define your needs and what specific questions you should ask, you could be making the financial mistake of a lifetime!Bruce walks through the vital points to consider for anyone who is considering or already owns an annuity!
Our first Episode back on the airwaves at Newstalk 1590 KVTA, Ventura, CA since 2016!Bruce discusses what is new in the ALL NEW Straight Talk Wealth Radio! This week, featuring the ongoing Wall Street Journal series about retiring Baby Boomers, entitled "The Unprepared". Bruce excerpts the first article in the series and discusses how Boomers are unprepared, and some techniques to help them evaluate how unprepared you may actually be and some essential fixes to help.
For decades the world has been marching deeper and deeper into the globalization solution. NAFTA, the Euro, the rise of China,the TPP, etc, etc. But there have been repercussions, from the loss of manufacturing in the US, to the Euromess to clean up the debt-ridden southern European countries by Germany and the other northern European countries. And now, in the mid-twenty teens, the tides are changing back again. Today we see the Brexit, the backlash against immigration, the rejection of the TPP, and astonishing election of Donald J. Trump. Renown economist Harry S. Dent says the world is already retreating from the Peak of Globalization, and in this exclusive interview Mr. Dent discusses with Straight Talk Wealth host, Bruce Weide, how the world will change and what happens next. Also includes remarks of David A. Stockman on Fox Business News.
Breaking News about the The Global Banking Crisis 2.0 in this show! European Debt levels show massive private sector bank debt with massive loan non-performance, and tells us how Europe will become a Global Crisis that will swamp Mario Draghi. And Janet Yellen won't be able to do a thing about it. Bruce then tells very specifically the tactical changes you need to make in your retirement portfolio to weather the changes.
JANUARY 2016 - Three major events were hurling markets down 10% in single month! The China Bubble, The Oil Glut, The Fed is Out of Bullets! And as fast as they rattled the markets, 5 months later it seems that these concerns are a distant dream. Are the stories gone? Are we back on a year of growth? Or will China and Oil come back to haunt us again in the foreseeable future? This show features key analysis on the investment and banking markets from Harry Dent, Carl Icahn, Mohammed El-Erian, John Truman Wolfe, and Sen. Elizabeth Warren,
For your listening enjoyment!
Is the international economic crisis a carefully orchestrated strategy to gain control of the world’s finances? What if the current financial crisis was not caused by unforeseen random events, but was instead a carefully orchestrated assault on the US Dollar, designed to cripple the American economy and ultimately gain complete control of the world’s financial markets? Sound far fetched? Then you need to listen to this probing interview with John Truman Wolfe, the author of The Coming Financial CRISIS: A Look Behind the Wizard’s Curtain. Wolfe’s assertion is not some paranoid conspiracy theory, claiming the sky is falling. Being a former banker, Wolfe pulls back the wizard’s curtain, to reveal who is currently running the show (not who you’d expect) and explains where we are headed. Anyone who affected by the present financial crisis needs to know the truth and be able to plan for the future, to avoid personal catastrophe. To avoid being financially crippled by a further weakened global economy and the loss of all your assets’ value, Straight Talk Wealth Radio Host, Bruce Weide, plies Mr. Wolfe for the crucial facts you need to know : Who runs the mysterious ‘Bank for International Settlements,’ located in Basel Switzerland? (Hitler’s Bank is alive and well.) What has been quietly legislated in the US to set up Cyprus-style Bail-ins of depositors' accounts when the next banking crisis hits? How the US and the world will look very different 5-10 years from now.
Exclusive interview with former Comptroller USA, The Honorable David M Walker. Mr Walker is the former Public Trustee for the Social Security anf Medicare accounts, former head of the General Accountability Office of Congress, appointed by President Clinton and servings also under G.W Bush. This episode begins one of several where Bruce interviews Mr. Walker regarding the national debt and deficits, and how troubled really are Social Security and Medicare? Oh yeah - and how to we FIX all this. There may be nobody better qualified to answer these questions and Mr. David M. Walker.
We've added some new reports from Harry Dent's "Markets & Economy" newsletters.
Hear Bruce's exclusive interview with Harry S. Dent about the depth of the massive Chinese bubble in real estate that has now blown into Chinese stocks. Learn how the Chinese Communist parry is poised to lose control of their top-down crony capitalism in the bursting of their phony investment bubbles so big, it threatens to begin a global economic depression. Also features in depth discussion of the US housing market topping out before another potential 40% fall in prices, due to demographic weakness.
Exclusive interview with Senior Fellow at Manhattan Institute for Policy Research, Nicole Gelinas. I recently discovered Ms. Gelinas on a video she produced with Prager University on why governement should not bail out the big banks. 1.) How we got here, markets addicted to government bailouts and stimulus; 2.) Why don't we fear the BOOM? What investors do wrong with risk. 3.) The story of decreasing income and rising debt in Middle Class America. 4.) Where is the trail from Fed money printing to inflated stocks on Wall Street? How they meet up. 5.) Where is the risk in today's banking system?. 6.) Update in Europe and China. 7.) Will things have to get worse before they get better?
Exclusive interview with Senior Fellow at Manhattan Institute for Policy Research, Nicole Gelinas. I recently discovered Ms. Gelinas on a video she produced with Prager University on why government should not bail out the big banks. This is Part 2 of my two-part interview with her. In this episode we discussed 1.) Where is the trail from Fed money printing to inflated stocks on Wall Street? How they meet up. 2.) Where is the risk in today's banking system?. 3.) Update in Europe and China. 4.) Will things have to get worse before they get better?
Exclusive interview with Senior Fellow at Manhattan Institute for Policy Research, Nicole Gelinas. I recently discovered Ms. Gelinas on a video she produced with Prager University on why governement should not bail out the big banks. This is Part 1 of my two-part interview with her. In this episode we discussed 1.) How we got here, markets addicted to government bailouts and stimulus; 2.) Why don't we fear the BOOM? What investors do wrong with risk. 3.) The story of decreasing income and rising debt in Middle Class America. Lots more good stuff to come next week!
Hear an exclusive recording of David Stockman speaking at the Dent Research "Irrational Economics" summit in October 2014, where he describes the current stock market as "A one-way casino dragging the economy closer and closer to the brink". Also features Bruce's exclusive one on one interview with Harry Dent. PLUS SHOCKING details about massive residential mortgage defaults that have come to light that no one is speaking about!
Featuring an exclusive interview with economist Harry S. Dent, and excerpts from former White house Budget Director David Stockman, hear the release of a major Southern California Event. Hear why Global Quantitative Easing can NOT go on forever,and how it will end. Hear two very different views of how investors should protect themselves. Get OUT of the equities markets? Or stay IN the equities markets? Bruce chats it up with John Grace, President of Investor's Advantage and keeps it friendly while he ardently disagrees.
March 2015 Interview with Harry S. Dent where I review several forecast e made that were unbelievable at the start of 2014, and were the irrefutable FACT just a year later. Harry tells us where we will be a year from now.
How could the real estate market in only 4 essential states in the US have caused the Global Meltdown of 2008? How could an over-inflated stock market in the US in 1929 have caused the worldwide Great Depression of the 1930's?How is it that small bubbles in any asset base can take down an entire global system? It only really happens when the banking system buys into the bubble, and then grows Too Big to Fail! In this episode of Straight Talk Wealth Radio, host Bruce Weide explores what has changed in the US banking system since the 2008 Meltdown, and (shockingly) what has not. For his research, he turns to 4 authorities who have studied the banking meltdown extensively, from the inside and out. FEATURED ON THIS EPISODE,The words of: Sen. Elizabeth Warren (as interviewed by Charlie Rose on the release of her new book, A Fighting Chance): One of the most outspoken prophets of the 2008 Banking Crisis and the risk that the mortgage industry was involved in. She is a current co-sponsor with Sen John McCain of national legislation to bring back the Glass-Steagall Act of the Great Depression era which placed a virtual firewall between commercial banks, and investment markets. David Stockman (as interviewed by Bill Moyers) Former White House Budget Director under Ronald Reagan, and recent author of The Great Deformation: The Corruption of Capitalism in America. Today he is an outspoken critic of the massive Quantitative Easing money-printing experiment of the Federal Reserve Bank. Gretchen Morgenson (as interviewed by Bill Moyers): N.Y. Times reporter and author of Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon. She has exhaustively investigated the role of Fannie Mae and Freddie Mac in the Mortgage Meltdown of 2008. William Isaac (as interviewed on Newsmax TV): Former Chairman of the FDIC (appointed by Ronald Reagan), the very agency entrusted to regulate bank risk. Author of Senseless Panic: How Washington Failed America, Mr. Isaac gives a deep insiders view of effective bank regulation in a free market economy, and how the mistakes made in the Panic of 2008 failed to reset our economy. What's most amazing amongst these authorities from both, the Left and the Right, is how much they agree! Hear this Straight Talk Wealth episode today, before it becomes tomorrow's lead economic news story in the next meltdown!
in 2013 Berkshire Hathaway bought a an asset worth $300 million. Their cost? $60 million! Do you think just maybe Warren Buffett wouldn't like to do that all day long?By the way, any changes in the stock market, the real estate market, or the gold market will not change the outcome of this investment one single iota! It is a true non-correlated asset class, and is in fact maybe the very best hedge against a collapse those very Big 3 Benefactors of Fed quantitative easing.How has this asset class, traditionally only the domain of institutional investors, now become available to individuals with as low as $25,000 to invest.The whole story is in this episode of Straight Talk Wealth Radio.
Our guest today on The F Word is Walt Lusk and we are talking shutdown, stock market, and the future of America. Walt Lusk has over a quarter of a century of experience in finance. After graduating from UC Irvine with an economics degree and a minor in computer science, He joined a major life insurance company focusing on helping small business owners and professionals with the planning of their Estate, Benefits, and Retirement. Mr. Lusk has worked with a prominent Downtown Los Angeles Investment Banking Firm as well as a Regional Stock Brokerage Firms to assist their high net worth clients in the Preservation of their Assets and Retirement Planning. He was the co-founder of Commercial Lending, Inc. which originated commercial loans (purchases, re-financing, construction, and hard money) all over the United States. Walt began his radio career on KRLA (AM 870), in Los Angeles, in 2010 on “Straight Talk Wealth” where all aspects and challenges of Retirement Planning were discussed. After leaving that show, he hosted “Money and Music V” (with over 100,000 listeners worldwide) where his goal was to “Fund America Back to Work.”
Our guest today on The F Word is Walt Lusk and we are talking shutdown, stock market, and the future of America. Walt Lusk has over a quarter of a century of experience in finance. After graduating from UC Irvine with an economics degree and a minor in computer science, He joined a major life insurance company focusing on helping small business owners and professionals with the planning of their Estate, Benefits, and Retirement. Mr. Lusk has worked with a prominent Downtown Los Angeles Investment Banking Firm as well as a Regional Stock Brokerage Firms to assist their high net worth clients in the Preservation of their Assets and Retirement Planning. He was the co-founder of Commercial Lending, Inc. which originated commercial loans (purchases, re-financing, construction, and hard money) all over the United States. Walt began his radio career on KRLA (AM 870), in Los Angeles, in 2010 on “Straight Talk Wealth” where all aspects and challenges of Retirement Planning were discussed. After leaving that show, he hosted “Money and Music V” (with over 100,000 listeners worldwide) where his goal was to “Fund America Back to Work.”
The greatest economic experiment in the history of the Western World has just taken place. To save the Global Economy from total cataclysmic collapse the governments of the world have printed more money out of whole cloth than has ever been imagined before. The results? $2 TRILLION in Stimulus (money printing) for $300 Billion Growth. Can this go on forever? Will the economy propel forward from here, or is Wall Street ADDICTED TO STIMULUS?
Sept, 25, 2012 - Wall Street Journal Reports, "Home prices notched their strongest year-to-date gains since 2005, climbing 5.9% through July and signaling the housing market's steady trudge toward recovery."Could it be that it's time for investors to jump back in to real estate?In this episode of Straight Talk Wealth Bruce interviews two outstanding guests on the matter:Economist, Rodney Johnson: President of Harry S. Dent Enterprises. Rodney speaks in detail about how the new real estate opportunities will be different than the real estate boom and bust of '02-07, and some hidden land-mines in the current economy that could challenge the real estate recovery. Who is best positioned to play the game this time, and who would likely loose? Will real estate simply be another asset your portfolio allocation, or will it be a full-time job, not for amateurs? Rodney discusses all of this with Bruce in the first half of the show.Self-made millionaire and real estate investor, Grant Cardone: Born into modest means, Grant's father died when Grant was 10 years old, and his mother, who could not even balance a checkbook, was left to care for him and his siblings. From these humble roots Grant Cardone has become a multi-millioniare from a combination of building businesses and investing in multi-family real estate. In this searching interview Bruce prompts Grant to discuss what has set him apart to be a big success in business, when so many fail every year, and how Grant went about balancing income from working, and income from investing. It is an inspiring tale that reminds us that life can be tough, and only real tigers make it to the top.PLUS - A VERY SPECIAL BONUS FOR LISTENERS: Listen to the show and learn how you can acquire an invaluable tool from Straight Talk Wealth Radio for free - The Real Estate Investment Analyzer! This all-purpose spreadsheet can help you analyze any residential real estate deal for:Cash Flow: How much net income will the property produce in 5 years, 10 years, 20 years, etc.?Equity Growth: Given pay-down of the loan and inflation of the property values, what will your investment be worth through the future?Exit Strategies: Rarely understood by new investors until they're decades in to the property, is the "1035 trap". When investors often find that their cash flow can be inadequate to support their retirement lifestyle, they may have more than enough money for retirement trapped in the equity. However, the IRS lays claim to a big portion of those values if you try to tap into them. With this analyzer you can predict in advance how much of your investment growth you will own and how much the IRS will own as your silent partner. In this way, you can begin to strategize from the very beginning of leveraging IN to a property, what plans you should make for exit strategies and liquidity further on down the road. (Has a special link to help you learn how to avoid the 1035 trap and defer capital gain taxes.)LISTEN TO THIS WEEK'S SHOW, AND CALL IN FOR YOUR FREE RETIREMENT ROADMAP AND REAL ESTATE INVESTMENT ANALYZER!
Clearly, the world's sovereign governments are either bursting with debt now, or they are frantically absorbing the debt liabilities of their private sectors, or even other countries. Understandably, mindful people are today speculating what could happen if major European countries, and yes...the US eventually simply can not pay their debt obligations and the World goes BANKRUPT! The most common answer you hear today, "Buy gold & silver because monetary denominations will be come meaningless in the face of hyperinflation." Straight Talk Wealth Radio Host, Bruce Weide, doesn't disagree with the distinct possibility of the premise, and in this show he goes on a search to find out if there is any reason at all to not buy into the proposed solution. IS Gold the ultimate answer? What are the different possible scenarios that could play out when the world goes broke?For this show, Bruce obtained an exclusive interview with economist and N.Y. Times best-selling author of "The Great Crash Ahead". Harry S. Dent, and together they explore the possibility of global debt failure and the range of possible outcomes.
Harry Dent is interviewed by STW Host Bruce Weide regarding Dents recent claim that the Global governments and banks are in a deviant collusion to create a false global economy and artificially low interest rates that will soon have its day of reckoning on the global economy,.
In this episode Bruce explores whether it is possible to trust Wall Street anymore, in the light of blatant manipulation by too-big-to-fail global banks, in collusion with governments around the world. Sound like harsh words. Bruce's lays out the actual facts in this show.
Just your luck. You've been trying to save for retirement or just build wealth over the last 12 years, and you couldn't have picked aworse time. Consider the challenges we've faced as an economy: * The bursting of the Tech Bubble in 2000 * The terrorist attacks of 9/11 * The housing boom of 2003-2007, followed by the biggest bust since the Great Depression * The continuing repercussions of the debt bubble; from chaos in Europe, to an American economy addicted to stimulus 13 years of lost growth potential on your savings is no small setback! How can most Americans even dream of a secure retirement if the next 10 years looks like the last 10 years? Yes, the rules have changed! But, if you take the time to learn the new rules, you CAN win in the coming decade, and make it safely and securely to your goals. This week, Bruce Weide, host of Straight Talk Wealth Radio, thoroughly reviews the new risks exclusive to this decade, and explains the new rules to successfully navigate these risks for building wealth dependably and securely. It's not your fault. Someone changed the rules on you! But it's NOT TOO LATE, if you learn the new rules NOW. They're simple. But they're new and they're different. And no one taught you this in school.
Despite all appearances, the global financial markets are NOT coming to an apocalyptic collapse! Yes, there WILL be a new day dawning! The problem is that it may take until the end of this decade.In this show, Bruce extensively discusses the Seasons of the Economy, coming full cycle about every 40 years. FIND OUT: * How will we get through this global winter (If governments stopped trying to reverse the natural course of things)?* How America could come out strong by the end of the 2010s, provided we survive the winter?How will YOU weather the global economic winter and survive to smell the flowers of spring?Listen to this week's show and learn how to Protect, Prepare, and Prosper in the coming decade of change in the world.
In America, there's a failure to appreciate Europe's leading role in the world. - Barack Obama - European government and private debt is on an unsustainable andunsolvable path. Now, after northern European countries (namely Germany) have spent billions and billions of Euros to save Greece, (who just elected a new government that will tell their lenders to "take a hike"), there is a whole new specter or European debt rising in Spain. But this time it's different.Spain is too big to fail, AND too big to bail out.In this show Bruce exclusively interviews renown economist and best selling author of the Great Crash Ahead, Harry S. Dent and together they review key statistics of Spain, and how this next big blow up will come to YOUR investment portfolio. The foreign threat to America today is still the "domino theory". But this time, it is how the dominoes of unsolvable Eurodebt, will crash the world economy, including the american stock market by 2013.GET THE FACTS! GET SAFE! Listen to "Who's Going to Pay Europe's Debt? You and Your IRA!"and learn to Protect, Prepare, and Prosper, when the trouble hits America.
This is the entire interview uncut with Harry S. Dent that Bruce conducted in the course of editing the broadcast show. Get the whole enchilada on what Harry Dent had to day, right here!
Japan's pre-WW II Baby Boom was 20-plus years before the US's. Their bubble burst in the late 1980's. The Nikkei Index is has still only recovered to 10,000 from it's peak of 40,000 over 20 years ago. Japan's answer? Keep printing Yen and stimulating against all demographics, instead of de-leveraging and writing down debt! Does that sound anything like the U.S. Fed Reserve's actions today. Yet, there are major differences between our two countries as well. Get the whole story in this broadcast episode. Includes a very current interview with Rodney Johnson, president of H.S. Dent Enterprises.
In this show I want to address an issue that I truly believe is the most important issue all of us will face in the next decade. It is an issue that goes to the very heart of financial planning. And that is whether our personally accumulated U.S. Dollars will in fact become worth more in the foreseeable future or in fact become worthless as a monetary system by the end of this decade. - - You could buy all the stocks and mutual funds you want in the 2010’s; buy all the best foreclosure real estate, stock up with piles and piles of all the gold and silver you want. But I’m telling you, if you call this shot wrong - Inflation of Deflation - your plans could all be for naught. - - So with this show, I want to review with you the most basic arguments on BOTH sides. I’ll give you several references that you can read on your own to look more deeply, if you wish. But at some point, because we all lead such busy lives just trying to keep our jobs and business productive, there comes a point where we can’t possibly read all the books. And at that point we have to start to make some decisions about what we are going to do about it. I think this show will help.
In this show I want to address an issue that I truly believe is the most important issue all of us will face in the next decade. It is an issue that goes to the very heart of financial planning. And that is whether our personally accumulated U.S. Dollars will in fact become worth more in the foreseeable future or in fact become worthless as a monetary system by the end of this decade. You could buy all the stocks and mutual funds you want in the 2010’s; buy all the best foreclosure real estate, stock up with piles and piles of all the gold and silver you want. But I’m telling you, if you call this shot wrong - Inflation of Deflation - your plans could all be for naught.So with this show, I want to review with you the most basic arguments on BOTH sides. I’ll give you several references that you can read on your own to look more deeply, if you wish. But at some point, because we all lead such busy lives just trying to keep our jobs and business productive, there comes a point where we can’t possibly read all the books. And at that point we have to start to make some decisions about what we are going to do about it. I think this show will help.
The crux of Failure in 2008 was the BANKS! Yes, tentacles went far and wide, but it was the leveraging of massive debt into the overinflated US real estate market that was at the crux of it.In this show we feature a groundbreaking series from Bill Moyers about why people like David Stockman, former Budget Director for the Reagan administration, and N.Y. Times Journalist Gretchen Morgenson, say not only that it can happen again, it WILL happen again!See much more on this story at our website at www.StraightTalkWealth.com
The crux of Failure in 2008 was the BANKS! Yes, tentacles went far and wide, but it was the leveraging of massive debt into the overinflated US real estate market that was at the crux of it. In this show we feature a groundbreaking series from Bill Moyers about why people like David Stockman, former Budget Director for the Reagan administration, and N.Y. Times Journalist Gretchen Morgenson, say not only that it can happen again, it WILL happen again! THIS SHOW GREATLY EXPANDS on our shortened broadcast version, and includes a lot more interview clips from the Bill Moyers episodes, and some corroborating data from Harry Dent.NOTE: The opening 12 minutes is about who WE are at STW. If you already know that, skip to about 12:00 into the show.
First in a special "podcast only" format, STW Radio, usually broadcast as a 1-hour show on AM radio with barely enough time to cover issues in detail, now gets to stretch out and get serious about informing America regarding saving for retirement in the Desperate Decade ahead. This show highlights the seeds of the Eurodebt and why Europe only has 1 of the 3 key tools most other sovereign countries have to fix their economic crisis.
This is a seminal show we keep replaying that never gets dated. It is about a key transition that the Baby Boom generation is just beginning to enter that they have little cognizance of, but is going to hit them like a ton of bricks. That is the difference between the ACCUMULATION aspect of saving and investing vs. the DISTRIBUTION strategies that they will begin to employ, and that are much more tricky and dangerous to miscalculate.