Tag: debt

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How an Economy Grows and Why It Crashes

Peter Schiff, of Euro Pacific Capital uses illustrations, humor and storytelling to explain economic and monetary concepts in his book, How and Economy Grows and Why it Crashes. The book uses parody and analogy to compare our current global economy with a small island economy based on fishing.

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Assets vs Liabilities and Positive Cashflow

Most people think of assets as anything that can be readily converted to cash. Common possessions like cars, houses and electronics are often thought of as assets. In actuality, this couldn’t be any farther from the truth. Assets are things that generate positive cash flow and put money in your pocket.

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The Rising Cost of College Tuition

Why does college tuition continue to rise during economic hardship and high unemployment? Will tuition prices ever become affordable again? Costs associated with obtaining a college degree have gone out of control.

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