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Monday, April 11, 2011

"We're in a BUBBLE & it's Higher Education" - Peter Thiel

Peter Thiel paying people to drop out.

Thursday, March 31, 2011

Real Estate: The Illusion of Wealth

Think buying a home is a " good investment", think again...
    The chart above clearly shows that in our Ponzi economy, real estate prices go up, BUT actual value goes nowhere over the past century due to inflation. After mortgage interest, taxes, maintenance, and the stress of owning a home, you will most likely LOSE money by buying a home!  So next time you hear someone say that buying a home is a "good investment", then you know that person will probably never be rich.

New rule: Be Rich, Don't buy a home...


Aussie's Home-buyers on Strike:


The Great Chinese Bubble:

Tuesday, March 29, 2011

US Dollars = Paper Trash. Silver = Real Money!

Silver vs. US Dollar Index over 2 years.
The blue line is Silver prices. The red line is the US Dollar Index.















Saturday, March 26, 2011

London is pissed!

The people of London are pissed and they aren't going to take it anymore.  That's what happens when you have inflation at 20 year highs and $126 Billion of public spending cuts coming.

In this ponzi economy the banks get bailed out, but the average joes pays the bill... So keep working at your jobs to pay for mr.banker's gambling addiction. I hear QE3's not coming, so they are going to need cash soon.

Student Protests:
http://thelede.blogs.nytimes.com/2010/11/10/video-of-students-protests-in-london/

Sunday, March 20, 2011

We Are the Truthseekers

Amazing Video!

Going to college is Gambling.

   Face it, going to college is one giant bet on the future job market.

  








  When the economy is good, the unemployment rate is low and there are plenty of jobs waiting to be filled. As a college grad you will probably get many job offers.  

  In a bad economy, the unemployment rate soars and jobs diminish. Even as a college grad, you'll find it difficult getting a single interview to the hoards of jobs you've sent applications to.

   When going to college, you've been told endlessly that college is the right thing to do and the "safest" path to future success. Students take out thousands of dollars in debt firmly BELIEVING that once they graduate they'll get tons of job offers thrown at them.

   In REALITY, in a tough economy jobs disappear and it doesn't matter if you graduated cum laude, companies are not in any situation to hire you. In fact, companies would be more focused on firing people to cut cost.

   Compare this to the stock market. When the economy is good, the markets go up. If you invest money in a good economy, you'll make a lot of money. When the economy is bad, the markets go down.  Invest in a bad economy and you'll lose. People who don't understand economic cycles say putting money in the stock market is "Gambling".  Now ask any college student or grad if they can predict economic cycles and most of them would say "I didn't take economics class." or "I hate economics, don't talk to me." If college students don't understand the job market, then THEY ARE GAMBLING.

   NO one would ever advise taking out $100,000 in debt to invest in the stock market. BUT for some students taking out over $100,000 in student debt for their degree is considered SAFE. The casino colleges are actually tricking students asking them "Will you be the next LUCKY student to get a job??" That doesn't sound safe to me.

   If people REALIZE that going to college is just a gamble, maybe they will think twice before borrowing thousands of dollars to bet on the future job market.

Saturday, March 19, 2011

Student Debt has surpassed Credit Cards.

     We teach young people to not spend beyond their means by advising them to not buy lattes, stop going out with friends, and stop using credit cards. Then we advise them to stay in school and get a good education.

Some young people may have stopped using their credit cards to buy things they can't afford, but they are NOW deeper in DEBT than before:

The Wall Street Journal last year stated that Student-Loan Debt has Surpassed Credit Cards.

Young people are now in worse financial conditions than before, even when they stopped buying their lattes.

It's time for people to realize that we are NOW in a CRISIS.  We need change.

Bankrupt your University before they bankrupt you!

   Tuition fees for universities around the world continue to rise.  And so does the student protests.

Every year groups of students hover around the university with their signs and chant "Reduce Tuition Fees!"  The universities pay lip service by saying they will do whatever they can to keep fees low, but months later increase fees like usual.

Students walk around campus, seeing new buildings rising, but also class sizes rising.  Students see professor salaries increase, but their teaching ability decrease.  The school offers more course selections, but none with real world applications.  If you ask me, this sounds like students are being ponized.  As more students enroll in universities, more money goes to the school, but education quality remains the same. The universities will continue to raise fees as long as students keep showing up.

Students around the world WAKE UP! If you think tuition fees are too high, stop paying & walk out! Universities are a business, like Starbucks.  If you walked into a Starbucks and saw them charging $50 for a cup of coffee, you'll walk the Hell out of there. You wouldn't waste your time standing in front of the Starbucks with a sign saying "Reduce Coffee Prices!", you'll just go to some other coffee shop. And if all the coffee shops charge over $50/cup, you'll drink TEA! So, if all the universities charge high tuition, find alternatives for your education.

A lot universities are charging absurd amounts for tuition, but all students do are useless protests. Put your money where you're mouth is, AND WALK OUT!  If all the students did that the universities will be FORCED to lower fees or go BANKRUPT! It's SIMPLE supply and demand, but they probably didn't teach you that in school...

Do only DUMB people graduate from College?




















Bill Gates, Mark Zuckerberg, and Steve Jobs all dropped out of college. Then they became Billionaires.

People say they were too smart for college. Which then brings me to the question, Do only dumb people graduate from college? That may not be the case, as many intellectual people have graduated from college and pursued successful lives. But to me if you really want to be successful in the REAL world and not the PONZI la la world of Academia, dropping out my be the smartest thing to do. Here's a list of billionaire college dropouts to prove my point: http://en.wikipedia.org/wiki/List_of_college_dropout_billionaires

Now with extreme increases in tuition fees and cost of living, going to college seems like a questionable choice. If you are able to get scholarships and grants to fund your student life, then by all means give college a shot. But if going to college means borrowing ten of thousands of dollars that can be used to start a business or TRAVEL the WORLD, then you should start to think twice.

The smartest and richest people in the world have dropped out of college. So, are most people saying they're too dumb for the REAL world by staying in school??

Go to school, Enslaved for Life

In the UK they are going to lower student loan repayments, but SPREAD the payments over a LONGER PERIOD of time. Less burdensome monthly payments sure, but ENSLAVED to debt for longer. The result can lead to students paying DOUBLE to TRIPLE their initial loan amount due to interest! The UK students will be grateful for their gov't keeping them in debt slavery longer.

Friday, March 18, 2011

The Perpetual Ponzi Life

Most of us grow up being told to go to college, get a good job, buy a home, save for retirement, and live happily ever after.

What a HUGE SCAM!

First of all if you are poor, you will most likely remain poor if you follow this advice. You will just be another hamster running in the giant Ponzi wheel.

Here is an example of plain Jane getting royally screwed:

18 yrs old - 1st yr of college. average academic student. middle class parents. no money to pay for tuition. But the government will be extremely happy to lend you money throughout your college years for you to pursue your degree. Bye bye $$ to tuition fees.

22 yrs old - after 4 yrs of college, you end up with over $30,000 in student loan debt. Time to pay it off, and the gov't starts to charge you interest. You find any job that hires you so you can start paying off your debt & your starting salary is $40k. The gov't starts taking income taxes. Bye bye 30%. Anytime you buy anything, Bye bye $$ to sales tax.

Buy a car to drive to a job you don't even like. Bye bye $$ to car payments & interest & 1hr everyday for depressing commute.

Start saving for retirement, Bye bye $$ to financial adviser for 40 years.

Buy a home you can not afford, the bank will gladly give you a 30 year mortgage. Bye Bye $$ to mortgage payments & interest.

You start to wonder when will you start to KEEP some of your money. Well good luck with that because the only advice you get is to start a budget and stop buying lattes. WTF, saving $5 here and there isn't going to pay for your THOUSANDS of DOLLARS of DEBT & INTEREST!

My goal is to try to give you REAL Financial advice so you can buy thousands of lattes or whatever you want.

Mr. Yen is too strong for you.

After the tragic Tsunami in Japan the Yen has gone gangbusters hitting a record high 76.32 Yen/US$ on Wednesday.

There is no reason to panic, but the G7 countries are. The G7 countries have come together to massively sell the Yen. Close to $20 billion.

I don't know what crazy lunatics these champagne socialists are consulting, but a strong Yen would be good for a country that is dealing with a huge crisis. Japan needs to rebuild and will be buying a lot of materials, natural resources, etc. So a strong Yen would help make their purchases a lot cheaper. The Japanese people would also like to have strong Yen to keep prices low and maybe pick up some cheap gold.

BUT NO the G7 Ponzi maniacs say they need to help Japanese companies stay competitive in the global economy. WTF?! Who F-ing cares about selling Sony & Toyota products when you have a freaking country to rebuild??

BTW, the Yen will probably continue higher as the US dollar crashes in the next couple of months, so all this is will be for naught. But when the Yen does starts to collapse then a whole new crisis will beginning. G7 be careful what you wish for.

Welcome to the world of Ponzi

Ponzi Scheme: an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors.

Ponzied: to be screwed by a Ponzi scheme.







If do any of the following then you have been Ponzied:

1. You go to college to find a good job.

2. You got a job and work for money.

3. You buy a house to live in and call it an investment.

4. You save for retirement.

All those sound like common advice to be successful citizens of society. Well, sorry to burst your bubble but You’ve been PONZIED.

Learn not to be scammed & join the big fun Ponzi scheme called the world of Finance.