Recently we were inflicted with the choice that had a lesser of two evils. Although the decision was made in early November, the topic still infuriates a multitude. Which would be worse, the continued raising of the debt ceiling or not raising our spending and possibly causing a default on our financial obligations? People that support the raising of the debt ceiling continue to say that this is not additional spending but already following through with what we’ve agreed to spend. This sounds good in theory and is actually how it works. Why do we have an $18.2 trillion national debt that continues to escalate? When is the time when we will stop this insanity? [Read more…] about Raising The Debt Ceiling or Raising Our Spending
Leverage
Leveraging Money
The Gold Cast with David Fischer and Jim Sharpe
Leveraging Money and making it an Asset
Listen to this new episode of the Gold Cast with Jim Sharpe and Landmark Capital CEO David Fischer. On this episode David explains how Banks and Wall Street make a majority of their profits by investing in Leverage Instruments. Examples of Leveraged Instruments are the Credit Default Swap and Mortgage Backed Securities. These Leveraged Instruments earn value based of each other.
