There are many ways to look at the United States government debt, obligations, and assets. Liabilities include Treasury debt held by the public or more broadly total Treasury debt outstanding. There’s unfunded liabilities like Medicare and Social Security. And then the assets of all the real estate, all the equities, all the bonds, all the deposits…all at today’s valuations. But let’s cut straight to the bottom line and add it all up…$89.5 trillion in liabilities and $82 trillion in assets. There. It’s not a secret anymore…and although these are all government numbers, for some strange reason the government never adds them all together or explains them…but we will. READ MORE
Since 2009, a lot of analysts have learned the hard way not to play Chicken Little and scream the sky is falling. However, after last week’s FOMC meeting as a capper to so many other economic and geopolitical issues brewing, seems things are getting serious. Take a looksee at yet another chart…READ MORE
Fat, drunk, and stupid is no way to go through life*…” and never has this been more apropos than now. American’s may have occasionally tied one too many on and certainly have enjoyed more than their share of McFatty meals. Less visible but possibly of greater importance is the toxic combined lack of educational push and/or individual pull to understand the finances and economics in which we live, work, and perhaps hope to raise a family. American’s are simply economically irresponsible and clueless. Click here for more.
Mr. Charles Biderman is an associated person of Trim Tabs Asset Management, LLC, an SEC-registered investment adviser. All opinions expressed by Mr. Biderman on this website are solely those of Mr. Biderman and do not reflect the opinions of Trim Tabs Asset Management, LLC, Trim Tabs Investment Research, Inc., their affiliates (collectively, “Trim Tabs”), or any other associated persons of Trim Tabs. No part of Mr. Biderman’s compensation from Trim Tabs is related to opinions which he expresses on this website, elsewhere on the internet, or in any other medium.
You should not treat any opinion expressed by Mr. Biderman as a recommendation to make an investment in any company discussed or cited in any of his postings. Mr. Biderman’s opinions are based upon information he considers credible, but which does not constitute research by Trim Tabs. Neither Mr. Biderman nor Trim Tabs warrants the completeness or accuracy of the information upon which Mr. Biderman’s opinions are based.