Debt. Debt. Debt. That was all we heard about this summer and with good reason. The US is in horrible shape and the numbers below put it all in perspective. Here is why S&P downgraded the US credit rating. * 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: […]
Not a small topic for a short blog entry. For weeks the headlines have been all about the US hitting their debt ceiling and the possibility of a default on government debt. Now it seems like we have a ‘deal’ that will stop that from happening, a deal that likely no one really understands let […]
Though Harold Camping’s prediction of Judgment Day came and went, many are facing another type of Judgment Day – of the financial kind. Click here to read more, my latest article for Women Advisors Forum.