US Fiscal Cliff simplified for everyone. This puts things into a much better perspective as to the present US economic situation.. Lesson # 1: * U.S. Tax revenue:      $ 2,170,000,000,000 * Fed budget:        $ 3,820,000,000,000 * New debt:        $ 1,650,000,000,000 * National debt:      $14,271,000,000,000 * […]

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Thank God I am not an expert on debt. Or of debt repayments for that matter! The caveat first – I hate debt. I hate debt. I hate leverage. I rarely do an Options trade, nor do I ever buy a share in a Futures trade. All assets have been paid and bought. Now let […]

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