The Election’s Finally Over. Now Things Can Go Back To “Normal”

By John Rubino – Re-Blogged From Dollar Collapse

As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the House and Senate would have yielded pretty much the same set of economic policies going forward: Ever-higher debt, upward trending interest rates and (through the combination of those two) rising volatility.

So with the sideshow now in the rear view mirror, we can get back to our new normal. From this morning’s media reports:

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Is A House Really A Retirement Asset?

By Trevor Gerszt – Re-Blogged From Newsmax

Many American households have their wealth tied up in their houses. For many Americans across all different income levels, the value of their houses exceeds the value of all their other financial assets. There is also a history in the United States of home ownership being recommended as a sure way of becoming wealthy, or at least financially comfortable. But in this day and age, should you really rely on a house as a retirement asset?