As parents, it’s natural to want to give your children everything financially, but time and time again, we’ve seen that go wrong.

When you overbless your children, it takes away their natural initiative to make something of themselves, so from a tax planning perspective, how do you avoid this? 

In this episode, I’m joined by Crashes & Taxes producer, Matt Johnson, to share an important personal consideration you have to make in your estate planning.

With the US national debt fast approaching a staggering $30 trillion, Americans should brace themselves for an unprecedented financial crisis, which will affect ALL of us. 

Between the unbridled government stimulus of the last 18 months, Baby Boomer retirement, and a massive decline in the relevance of the US dollar, we’re all in for a rude awakening. 

What are the practical effects of the national debt on the lives of everyday Americans? How can we take our rightful freedoms back before it’s too late? 

In today’s episode, I’m joined by the producer of Crashes & Taxes, Matt Johnson, as we discuss why the raising of the debt ceiling is such a big concern, and how we can take action to protect our freedoms.

Communism begins with socialism, and when seemingly well-intentioned government forces start merging political thought with economic policy, that marks the end of freedom as we know it. 

That’s exactly what’s happening in America right now. 

Is America slowly morphing into a communist state? Why are we closer to financial surveillance than we think? In this episode, I talk about the concerning actions the Biden administration is taking and why they are leaning more socialist.

“President Biden’s tax plans might soon make Europe look like a capitalist heaven by comparison. He wants to raise the long-term capital-gains tax from just below 24% to above 43%.”

These words, from a recent Wall Street Journal article ring very true, and are also very concerning as stimulus continues and the government attempts to pass nearly $5 TRILLION dollars in infrastructure spending. 

America is on the verge of ushering in the largest tax on investment income in the world. If you have any pre-tax wealth, pay attention and take action, you stand to lose a huge chunk of it in the next few years.

Why is this age of government stimulus and higher spending a scary watershed moment for America? How is this morphing us slowly into high tax Europe? In this episode, I talk about the dangers of Biden’s budget, and what we can expect from it.

As of August 2021, one of the biggest factors driving market volatility is the lack of people in the workforce. With 10 million job openings, and people choosing stimulus payments over work, we have to understand the impact on the broader economy. 

Right now, millions of people aren’t contributing to economic activity, paying payroll taxes, or contributing to the GDP, and this is a problem. 

This, coinciding with the en masse retirement of the Baby Boomers, will upset the tax apple cart of America. 

How are millions of job vacancies impacting our economy, and what changes can we expect with future tax policies? In this episode, I talk about how the current state of jobs is contributing to volatility.

Hot on the heels of the coronavirus stimulus, the Biden Administration is now trying to pass another $3.5 trillion for infrastructure. If passed, that would add to upwards of $12 trillion of government spending in the last 15 months. 

This is an alarming tipping point for this country. Increased government spending is only going to make our National Debt obligations more perilous, and create a generational tax burden we may never recover from. 

In this episode, I’m going to discuss the massive spending that’s coming out of Washington D.C, why we shouldn’t ignore it, and what the future holds if it continues.

The S&P 500 is a broad benchmark of the economy, and the numbers provide an interesting perspective on what we should be paying attention to. What factors are going to have an impact on the market in the second half of 2021? 

Let’s be frank - volatility will still be a concern, but it’s not all bad news. Towards the end of the year, we’re going to see some upside and the onset of the 4th Industrial Revolution. 

What can we glean from past market cycles? What factors are going to contribute to market volatility, and how can you fortify your portfolio? 

In this episode, I talk about what’s going on in the market right now, the biggest concerns we need to be cautious about, and potential good news to look forward to.

Between the recent FOMC statement, the end of weekly M1 and M2 reports, and a more political agenda, it’s clear that the Federal Reserve has shifted significantly from its original mandate. 

This represents a sea change in the philosophy behind our monetary policy, and we really have to ask ourselves where this is headed.

What can we glean from the FOMC statement as investors? Why are the recent developments in the Federal Reserve so alarming?

In this episode, I go over the Federal Reserve’s recent activity, and why we should definitely be paying attention.

The 2008 crash and Great Recession were preceded by a dizzying mortgage frenzy that ultimately sent America, and in turn, the global economy, into freefall. 

What happened before is now happening again. 

Big private equity and investment groups like Blackrock are buying up entire neighborhoods, and this could lead to some market volatility between now and the end of this year. A mortgage boom propped up by artificially low-interest rates is just not sustainable. As investors, what can we expect from this? Could this mean that we’re headed for another recession? 

In today’s episode, I talk about the major real estate acquisitions we’re seeing from big institutions and what it means for the American economy.

Since the Biden Administration took office, two important industries have suffered crippling cyber attacks. This could be the start of a terrifying trend that will undoubtedly affect the entire economy. 

Cyber attacks aren’t just egregious hacks on private companies. They are acts of war on the wealth, institutions, and ultimately, the people of America. 

What we’ve seen so far from the government in response isn’t good enough. 

How are our markets and financial systems going to be interrupted and disrupted by these cyber attacks? How do we stamp out this threat for good?  

In this episode, I talk about why cyber-attacks and hacks should be a huge concern for all Americans, and what needs to be done right now to protect our economy.