‘Tis the season. And no this won’t be a Merry Christmas post.

You see, this is the time of year where I receive a letter from my health insurance company that says, hey, sucks to be you because you’re getting an increase.

This is the 6th straight year I’ve received one of these letters. When you add all the math up, I’ve seen an 182% increase in my policy since I had the policy written in 2012. This year also was the worst with a $99.18 per month increase.

I was essentially just told that I have to lose an additional $1,188.60 out of my family budget for the next year and beyond.

That’s $1200 I can’t save.

That’s $1200 I can’t spend.

That’s $1200 I can’t invest.

That’s $1200 I could put in my son or daughter’s trust.

If you look at the increase since 2012, I’ve effectively lost $3,799.08 total.

Remember folks, we were promised that this would be great for families and young people by losers like Claire McCaskill.

Kind of a funny way to define good, isn’t it? Actually, I think you’d have to be mentally retarded to define this as good.

I truthfully don’t know what the answer is, but I know what we’re doing as a nation in this area isn’t doing anyone any good. I shudder to think what the letter brings next year, because honestly, this is starting to get a little painful.

 

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I spend a significant amount of time online reading and learning. And one of my favorite areas of interest is economics. It’s weird, I have a high school diploma, a BA, and an MA, and if you had talked to me immediately after completion of my MA I would have said I basically had an elementary, maybe even cartoonish view of economics and economic theory. All I had in college was Micro, and I barely remember getting anything out of that class other than realizing I was bored every day I was there. I have spent years learning more about the topic, and I’m amazed what I learn each day about the topic. It’s that complex and that interesting.

I get it. On the surface, economics is not the most interesting stuff for the average Joe, but the average Joe is supposedly tasked with maintaining this Republic.

It’s arguable that the economic system that we live inside of is as important in any ecosystem biologists study. Economics is a fascinating mixture of history, sociology, and psychology. It is not an exact mathematical science and it is not primarily math driven, far from it.

All history and current events should be seen through the lens of economics. This is why I never watch any mainstream news. These people are often moronic talking heads who just have a news fetish. There’s no depth of knowledge. I learn far more from the people I follow in the investing space.

Why?

Because not knowing theĀ importanceĀ of what is happening is what kills returns.

This is just an outstanding lecture, and really does a good job of destroying some of the cartoonish nonsense you were taught if you attended a public school or typical university.

Tom Woods is one of my favorite Libertarian thinkers. He’s a phD historian who has degrees from both Harvard and Columbia. He went off the reservation of allowable opinion years ago because when you start honestly questioning and studying the reservation, it isn’t that inviting of a place for anyone of any intelligence.

Turn off whatever crap you’re watching on your TV or your phone, and open your mind and learn. You won’t regret the time spent.

If you like financial news and markets, you really should check out the work that Real Vision is doing. It’s infinitely better than CNBC or Fox Business. They have a paid version, but you can get a lot of their content for free on their YouTube channel.

Really want to scare yourself. Watch this video. The coming crisis will fundamentally change everything about America financially and few have the courage to talk about it. Pretty much everything politically is irrelevant if we don’t address this one thing, and no, that’s not hyperbole, it’s going to be that bad.

It’s the perfect storm and it’s coming right at us.