World is Comfortably Unaware of Approaching Disaster [Video]

Polgar Greg Hunter – Best-selling author of “The Age of Anomaly,” economist Andrei Polgar, says the world is set up to be blindsided in the next financial disaster. Polgar points out, “Right now, after so many years after the ‘Great Recession,’ not only are people comfortably unaware, but even worse yet, the entire idea of financial preparedness has been discredited. I have noticed this because I have been on many shows promoting my book. . . .

People are not that interested in financial preparedness. A common element was always this: People have made predictions, and they didn’t pan out. Other analysts have made gloomy predictions, and they didn’t pan out. So now, the general public has essentially been numbed. One of the big issues I talk about with my book is sustainable financial preparedness, and it’s a tough sell.

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The Two Crypto Economies

Crypto Paul Rosenberg – Bitcoin has always been hard to understand. Even Satoshi, its author, complained about that. The problem isn’t so much its complexity, but its newness – there’s really almost nothing to compare it to.

Having nothing to compare to is also a problem related to the prices of Bitcoin and the other cryptos. We’ve never seen currencies start from nothing and grow into serious players. We’ve always had silver and gold, at least in the background, but more or less all other currencies (certainly in our time) have been imposed by force.

Bitcoin, unless I’m forgetting something, is the first independent, world-recognized currency to pop up in a long, long time. And because of that, understanding its price is complicated.

The Two Economies

The key to understanding the price of cryptos is realizing that there are two separate crypto economies: the speculative and the commercial. These two economies are currently bumping into each other and occasionally running over each other… sometimes synergistically and sometimes antagonistically. Continue reading “The Two Crypto Economies”

Top Business Challenges for Start-ups

Stories about high school entrepreneurs selling their start-ups for millions of dollars are the stuff finance fantasy is made of. Those among you who remember the late 1990s digital meltdown will agree that making a success out of a garage enterprise is not as easy as made out to be by media. If you own a start-up yourself here are top ten challenges of 2019 that you need to be aware of and prepared to tackle.

#1. A bad team

As a start-up you cannot afford to lure the crème de la crème of business school graduates with seven-figure salaries and Bahamas holiday perks. Instead look for professionals who may not wear an Ivy College tag but know their work. Be open to hiring students, freshers, women getting back to work after motherhood or mid-career professionals looking to follow their dream.

Some like ThanksForTheHelp allow freelancers on board. You may be required to be a little flexible regarding work-hours and shifts but instead you will gain a highly motivated team. Another requirement is the ability to multi-task since as a start-up, your venture might require a writer to pitch in with public relations while a coder may have to some number-crunching too. Continue reading “Top Business Challenges for Start-ups”

Secret Money for Private Armies [Video]

fittsGreg Hunter – Investment adviser and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for the federal government to default or monkey with any debt because they can literally print the currency. The question is how do they make sure whatever they are printing really holds any kind of store of value.

I think the reason you are seeing them re-engineer the federal bureaucracy and financial transactions infrastructure is because they want much greater and tighter control to do whatever they do, and that includes to continue to debase the currency. They could do this (reset) entirely by debasing the currency. . . .

What we are watching . . . is essentially a coup. We had a financial coup, and now we are watching a legal coup to consolidate that financial coup. I would keep my eye on the fundamental governance structure of the U.S.

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Understanding Stock Options

stock optionsIf you’re at all familiar with investing, then you probably understand how a stock works, at least in broad strokes. When you buy a stock, you buy a share in a company. It’s not a literal ownership share (there are some legal differences), but it’s pretty similar in some ways. If the company does well, the value of your stock goes up. If the company does poorly (at least relative to what its expectations were), then there will be less demand from people who would buy your stock, and the stock will lower in value. That’s simple stuff — it’s really just a stock-market version of supply and demand!

But what about options? A “stock option” is something that you might hear about when a company tries to hire you. Or you might hear about someone using options to “short” a stock. What does this mean? Let’s explore the fascinating world of stock options.

What is an “option?”

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