debt

Holy Smokes Batman, $16 TRILLION?

August 29, 2012
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One of the biggest promises I made to you when starting Kung Fu Finance was to tackle the job of demystifying finance for you, to the best of my ability. For an industry that prides itself on words like “credit default swaps”, “derivatives”, “inverse yield curves”, “gold-to-silver ratio”, “diminishing returns”, “ROI”, “Capex”, “P/E ratio”, “beta”, [...]

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John Mauldin on The End of the World as We Know It

May 7, 2012
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I hope you had a wonderful weekend! This weekend the Kung Fu Family got our international groove on by participating in an annual tradition in downtown Palo Alto, the May Fête Parade. This is a children’s parade where the kids can bicycle or scooter down the illustrious University Avenue in support of their school or [...]

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QnA Friday: Live from Washington, D.C.

March 2, 2012
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Happy Friday from Washington, D.C.! I am here at Yanik Silver’s “Underground 8″ Internet conference learning a ton and meeting a lot of great people. I hope you are having a terrific week and that your March is off to a great start! My post on “Til Debt Do Us Part” this week struck a [...]

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Til Debt Do Us Part…

February 29, 2012
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Last week the United States debt to GDP ratio quietly hit 101% for the first time, moving us solidly over the 100% mark (hit on January 30th of this year) and bringing us ever closer to countries like Greece (168%), Italy (121%), Ireland (108%), and Japan (233%). (Numbers from 24/7 Wall St.) We’ve been talking [...]

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What Is Money? (Part 3)

February 20, 2012
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(Part 1: History of Money) (Part 2: Fractional Reserve Banking, You, John, Steve, Sarah) (QnA: Inflation) We left off on our juicy story of money with the basics of fractional reserve banking under a gold standard, using our example of you, John, Steve, and Sarah and how the banks had magically created money (currency) out [...]

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Conspiracy Theory Thursday (What Is Money? Part 2)

February 9, 2012
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It’s been awhile since I’ve written a juicy “Conspiracy Theory Thursday” post, so it must be time for another one… We left off with our story of money earlier this week with people having progressed from using coins made of precious metals to using receipts for these metals. Precious metal coins were wonderful, but they [...]

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Don’t Get Tricked: The #1 Thing You Should REALLY Be Afraid Of Today and How to Fight Back

October 31, 2011
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Today is Halloween here at Kung Fu Girl’s house. With a 3-year-old and a 5-year-old I can’t escape it (not that I want to— who doesn’t love a holiday where you can dress up as your favorite fantasy and eat as much candy as you like, or party all night depending on your age…or both!). [...]

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Let’s Talk About Debt, Baby

October 27, 2011
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(Title to be sung in your best Salt-N-Pepa voice…) Today I’m busy preparing for an upcoming business trip– I’m flying to Florida tomorrow to meet with two of my all-time-favorite Internet heroes, Craig Ballantyne (Internet Independence.com) and Matt Smith (SovereignMan.com). What I really love and respect about Craig and Matt is that they are experts [...]

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This Guy Nailed What OccupyWallSt Is So Frustrated About

October 18, 2011
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I read a great guest post today on ZeroHedge that I’m going to share with you, entitled “Debt-Serfdom is Now the New American Norm“. IMHO, this guy nails what #OccupyWallStreeters are so frustrated about (what we are ALL so frustrated about!). When you add in the fact that we are taught absolutely nothing about money, banking, [...]

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