San Diego, CA: 5.8% Return on Investment (2011) San Diego is experiencing many of the same fundamental problems as Los Angeles, but with a lower degree of severity. The budget problems experienced by the state of California are affecting all of the major cities in...
IMF Says Chinese Economy on Pace to Eclipse America
A recent announcement by the International Monetary Fund declared that by 2016 the Chinese economy would be $200 billion larger than that of the United States, effectively ending a 235 year of American global economic dominance. Alrighty then. What do we do now? Sit...
AMA 28 – Les Leopold: The Looting of America
How could the best and brightest in finance crash the global economy and then get us to bail them out as well? Hmm…This is a great question answered by Les Leopold in this interview. Les Leopold co-founded and currently directs two nonprofit organizations, the Labor...
#24 – Market Predictions for San Antonio, TX from the American Monetary Association
San Antonio, TX: 16.1% Return on Investment (2011) San Antonio experienced value stabilization in 2009, coming off a 2007 value peak. With fundamentally sound economics for the city, and a strong business environment, San Antonio is expected to resume its long-term...
The Obama Slap Could Hit Lenders Hard
It's a bad time to be a lender, if President Obama has anything to do with it. Negotiations between the current administration and the mortgage industry are focusing around allegations that surfaced last year regarding the fact that some lenders did not follow...
How Money Makes You Sick – Literally
Our relationship with money is the ultimate example of love/hate, but did you know there are several ways that it literally can make you ill? Our thanks to CBS Moneywatch for the following inspiration. 1. Debt, especially of the high-interest credit card variety...
#23 – Market Predictions for Portland, OR from the American Monetary Association
Portland, OR: -0.6% Return on Investment (2011) Portland experienced a cyclical expansion of market values similar to many other areas, and saw a subsequent decline after the financial crisis of 2008. The market showed signs of stabilization in 2009, but has...
#22 – Market Predictions for Phoenix, AZ from the American Monetary Association
Phoenix, AZ: 19.4% Return on Investment (2011) Market values in Phoenix are currently at approximately the same level as in the year 2000. The market area experienced a tremendous run-up during the real estate bubble and a spectacular during the financial crisis. ...
Real Estate is Your Best Investment Bet for a Wealthy Future
While the talking heads are still pooh-poohing real estate as an investment option, recounting tales of woe and blood in the streets, it seems to us at American Monetary Association that it's the very best place to be in the current economic climate. Sure...
When Lying Politicians Say THAT, They Mean THIS
Politicians lie. They know it. We know it. Why pretend otherwise? The American Monetary Association thought we would review some of the most common lies propagated by one or the other political party in America. Normally we avoid stereotyping but, when the stereotype...