April 13, 2010 · 10 comments
in US Treasury, US debt, budgets, central banks, debt, deficits, economy, international economy, money supply, news and updates, world order, world reserve currency
Thus spake the Congressional Budget Office on the long-term future of American fiscal integrity (or rather, the coming lack of it). As Niall Ferguson reported in his piece for the Financial Times back in February,
“The long-run projections of the Congressional Budget Office suggest that the US will never again run a balanced budget. That’s right, [...]
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April 3, 2010 · 4 comments
in DIY, Repairs, achievement, budgets, education, frugal tips, lifehack, money management, productivity, purchases, savings, sustainability
Everyone knows that saving time and money (or being more efficient and effective with your time and money, if you will) is a key barometer of having control over your life (call it success, or productivity, or whichever you prefer). Life is a string of time and money yields the string of options and actions [...]
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January 27, 2010 · 2 comments
in 2010, GDP, January, Obama, US Treasury, US debt, US economy, budgets, debt, deficits, employment, fiscal year, government, news and updates, recession, special dates, stimulus, stimulus plan
The Obama administration sits between an economic rock and a political hard place. Others might call it a contradiction. Obama needs to cut spending, but he’s doing this at the same time that more spending is being introduced (on job creation, more troops in Afghanistan). Slight cuts in some areas are supposed to offset increased [...]
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While going through my receipts and budget yesterday, I paid particular attention to some items for which the cost has jumped up in recent months.
Analysts keep saying that deflation is still officially the name of the current game, but here are some real examples of costs going up.
They can keep saying “deflation” all they [...]
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With the arrival of the autumn equinox, it is a good time for many to start thinking ahead to budgeting for the holiday gift-giving season. The holidays are about more than gifts, though – social events, unexpected guests dropping by, more travel plans and decorations for your home all add up to put pressure on [...]
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To truly become free – and stay free – from consumer debt, it takes a strong shift in mindset, akin to the force of a tsunami (as my blogging colleague Baker from ManVsDebt has creatively put it).
What’s the point of paying off all those credit cards if you’re just going to end up racking them [...]
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If you’re planning a trip to England, Scotland, Wales or Northern Ireland, you will also need to plan how to seriously budget and save your money.
Aside from Hong Kong and Switzerland, England (especially London) is probably the most expensive place in the world. If you’re American or Canadian, just imagine your $25 pizza take-out dinner [...]
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