You may read about MsTioga and myself a year ago on our accident day, March 15, 2014, by clicking [here].
But that accident is not why I started typing a blog post to you this evening. I wanted to write to you about something that I have been doing during the last few months. I've been doing a ton of studying about a new direction for my retirement funds. The reason for these months of my studying is the National Debt that our government is pursuing. It is my observation that hardly anybody in the financial world and in our government recognizes that our National Debt is an economic craze.
There have been lots gigantic financial crazes during the last 500 years. Here is a [link] to a story about several of the famous bubbles. This list does not include bubbles that you may know about because they happened just a few years ago:
- The 1990s Dot.Com bubble
- The United States housing bubble that peaked in early 2006
For me, the question now is not "if" the National Debt is a bubble. The question is "when" is this bubble is going to pop.