Economics and Investing:

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Understanding Why Budgets Fail May Help Us Succeed: 5 Big Reasons Budgets Fail – A.L.

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Could the Fed Implement a “Carry” Tax on Physical Cash? by Phoenix Capital – D.S.

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Items from Mr. Econocobas:

USA Drops to 16th on ‘Economic Freedom’ List… – While it may be a stretch to say the U.K. has more economic freedom than some of these other countries, it is definitely indicative to the direction we have been heading for quite some time.

US Interest Rate Rise Could Trigger Global Debt Crisis – We are all aware of this fact, but what is always most interesting to me is the supposed warning from the BIS. Almost like they are setting up to take credit and pose as the savior.

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