Tuesday, February 22, 2005

Our Debt Appetite



I will be honest here: Reading about macroeconomics sometimes makes my head hurt.

It is my opinion that the U.S. economy is in a remarkably tenuous position. Why? Well, today I happened upon a nice blog post that pretty much summarizes my uneasiness.

I will let that post, and its accompanying charts, tell the story.

If that isn't enough, John Hussman (manager of Hussman Funds) writes investing-related articles that generally are top-shelf. His February 22 edition, entitled "The Likely Range of Market Returns in the Coming Decade," is worth a read.

— Posted by Michael @ 11:15 PM








0 Comments:
** Comments Closed on this Post **

Thoughts on my personal finances, goals, experiences, motivations, and accomplishments (or lack thereof).

My financial life began turning around when I took responsibility for it.
— Dave Ramsey


100%

Start (2005-12): ~$21,900
Currently: $0
[About Our Debt Paydown]

100%

Savings Goal: $15,000
Currently: ~$15,115
[About Our Liquid Savings Goal]