Daily Reckoning feed

By Charles Hugh Smith This post “A Travesty of a Mockery of a Sham” appeared first on Daily Reckoning. The dynamics of decadence are easy to understand: As affluence becomes the norm that is widely assumed to be permanent, shared purpose and sacrifice for the common good are replaced by self-absorbed decadence and an ethos […]

By Robert Kiyosaki This post The Real-World Report Card (That You Need) appeared first on Daily Reckoning. There are many different ways you can become rich. You might hope to win the lottery. You might hope that you can save your way to wealth, or even marrying a wealthy person. But with any method of

By Brian Maher This post Here’s Why the Stock Market Is Tanking appeared first on Daily Reckoning. The Dow Jones shed some 300 points between Wednesday afternoon and yesterday’s close. The rout was on again today — down another 180 points. What sudden noise has startled the horses — a new salvo in the trade

By Robert Kiyosaki This post Save Your Retirement in 3 Steps appeared first on Daily Reckoning. I recently read an article about Andrew Pillow, a teacher at a charter school in Indianapolis, IN who is questioning his career decision at the age of 29. He would tell his students, “Go to college, you’ll be able

By Zach Scheidt This post The TRUTH About Yesterday’s Inflation Fears appeared first on Daily Reckoning. Let me ask you something… Is sugar bad for you? How about carbs? I should eat as few calories as possible, right? If I want to stay fit, should I stick with a low fat diet? No, I’m not

By Robert Kiyosaki This post ATTN: All Parents and Students appeared first on Daily Reckoning. An entire generation is being crushed by student loans they’ll never repay in an effort to get jobs that will never give them the return on investment they want. Americans owe over $1.5 trillion in debt from student loans, spread

By Brian Maher This post Jerome Powell Just Jinxed the Economy appeared first on Daily Reckoning. We assume the wrathful gods were listening… and are already plotting to uncage the Furies… For hubris they will not abide — especially from chairmen of the Federal Reserve. Referring yesterday to the “remarkably positive set of economic circumstances”

By Jody Chudley This post My Single Favorite Investing Story of All-Time appeared first on Daily Reckoning. Born on January 1, 1924, Charlie Munger is now 94 years old. For decades, Munger has played the role of Warren Buffett’s curmudgeonly right-hand man at Berkshire Hathaway (BRK.A). Together, the two have made billions and billions of

By Nomi Prins This post World’s Most Important Bank Issues Urgent “Zombie Alert” appeared first on Daily Reckoning. It’s been a decade since the world’s major central banks reacted to the financial crisis by cheapening the value of money through record low, zero or negative rates. What my research for my book Collusion: How Central

By Robert Kiyosaki This post Be Ready for the Next Financial Crisis appeared first on Daily Reckoning. This month marked the 10th anniversary of Lehman Brothers collapse. Many say that such a collapse will never happen again because regulators will simply not allow it. I predicted the fall of Lehman Brothers earlier in 2008 when