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Higher Interest Rates Aren’t All Bad
There are quite a few frugal people out there that are glad to see interest rates on the rise. For example, my family has very little debt and what we do have features fixed rates. We like to see that some of our investments are getting a little higher interest rate.
The Gathering Economic TsunamiWe think of a tsunami as a great wave thundering ashore causing massive death and destruction. For this article, though, the gathering economic tsunami will cause immense changes in American society, but not the negative ones implied by the word. These changes will start slowly, but they will compound over time. Viewed from the perspective of 50 years hence, American society in the last few decades of the 20th century and the first decade of the 21st century will have seemed a strange and alien place.