Posts Tagged ‘debt’

Donald Trump - Sovereign Debt Genius

Donald Trump – Sovereign Debt Genius

By The Banker | Blog Posts, Wall Street

One of The Donald’s great strengths is that he latches onto a partial truth – or an unspoken but widely held belief – and then expands upon it for his own purposes. Obviously this can veer into disgusting territory, when it comes to expressing sexually insecure men’s feelings about women, or insecure workers’ feelings about economic threats from China [&hellip

Non-Bank Lenders For Small Business

Non-Bank Lenders For Small Business

By The Banker | Blog Posts, Investing, Texas

Note: This post has a Texas bias and a version of it ran in the San Antonio Express News. However, there is no open-carry here on this blog, so you can bring your children.   I suggested in a recent post that it’s nearly impossible to fund a new business and there’s really no good [&hellip

Ranking of Credit-Card Indebted Cities Explained

Ranking of Credit-Card Indebted Cities Explained

By The Banker | Blog Posts, Personal Finance, Texas

My wife, who spent her formative years in College Station TX, asked me “why don’t Aggies eat barbecue beans?” Answer: “Because they keep falling through the holes in the grill.” That’s not nice at all! And, most likely, not even true! Although I can’t be sure because I’ve only visited College Station myself a few [&hellip

Book Review: The Clash of Generations by Scott Burns and Laurence Kotlikoff

Book Review: The Clash of Generations by Scott Burns and Laurence Kotlikoff

By The Banker | Book Reviews, Taxes, Wall Street

Scott Burns and Laurence J. Kotlikoff wrote The Clash of Generations: Saving Ourselves, Our Kids, and Our Economy, thought-provoking and highly readable financial policy book in 2012, featuring four “purple” policy proposals – “purple” meaning meant to appeal to both red and blue sides of the American political spectrum. In the context of a 2016 Presidential contest [&hellip

Dueling Mortgage Gurus and Uncertainty

Dueling Mortgage Gurus and Uncertainty

By The Banker | Blog Posts, Personal Finance, Texas

One of the things that makes finance endlessly fascinating (to me!) is that perfectly sound logic for one situation turns out to be perfect madness in another situation. In my best moments I appreciate the ironies and contradictions. In my worst moments I despair for people whipsawed by the seeming complexities of financial choices. Most [&hellip