Kerry Lutz's--Financial Survival Network

Jason Burack joined us today for a brief history lesson on the beneficial aspects of dividend investing and why they can greatly increase your overall returns. We also examined the current state of the Oil Patch and what's ahead for the industry. There's approximately 250,000 people newly unemployed in the industry according to our pal Dr. Frackenstein, with more on the way. Jason's got a special offer on his latest Dividend Report. Just go to Wallstformainst.com and use the code WS4MS25. 

Danielle Park joined us today for a discussion of the numerous alarming trends that continue unabated. The Greek Tragedy of yes, we have no bananas is rapidly approaching its final act. The debt supercycle keeps on keeping on, until it can no longer. Government in California goes into hyper-absurdity as they go into water rationing while they waste half their water attempting to save an already near extinct fish. When will the madness end? Simple, when markets are allowed to function. 

John writes, "In a fiat currency system, perception is, by definition, everything. Paper money has no intrinsic value. So the people saving it and accepting it in exchange aren’t expressing faith in the money itself but in the competence and honesty — and power — of the institutions managing it. Let that faith erode and those slips of colored paper and ephemeral computer bits revert to their intrinsic value.

And on the credibility front, the trends aren’t encouraging. Consider the coverage of this weekend’s Washington DC meetings of the International Monetary Fund and World Bank, two global financial institutions that the US dominates."