Moreover, if you ended up with this debt because of a life - changing event like getting divorced or losing your job, the loan won't address the root cause and you run the risk of getting stuck in
a new cycle of debt.
Not exact matches
[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out
of everybody [18:30] How to raise your probability
of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20] Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work with people who are strong where you are weak [23:15] Push through to results [23:20] The loop
of success [24:15] Ray's
new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating
new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance
of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting
of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the
cycle [43:40] What the Fed will do [44:05] We are late in the long - term
debt cycle [44:30] Long - term
debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth
of the top 1 %
of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us together?
* Information efficiency * Economic slack * Contained inflation * Coordinated Central Banks * The growth
of China and India and their continued purchasing
of US
debt * The growing perception that US dollar denominated assets are the safest assets in the world * A 30 + year trend
of declining rates that is telling us we're more adept at managing inflation with each
new cycle that passes
Unfortunately, many people can't pay off their payday loans when due, so they consolidate the borrowed funds into a
new loan and create a
cycle of debt.
* Information efficiency * Economic slack * Coordinated central banks * The dominance
of China and India and their increased purchase
of US
debt * USD and US assets as a continued safe haven * Rates have been going down for 30 + years in a row, the trend is telling us we're more adept at managing inflation with each
new cycle
The Case for Banning Payday Lending: Snapshots from Four Key States (June 2013) This report outlines the battles against the payday lending industry in states with strong usury cap protections, such as
New York and North Carolina, and in states like California and Illinois with weaker laws that allow payday lenders to charge triple - digit APR loans that trap people in a
cycle of debt.
As
debts pile up however, this creates a big problem, a
debt cycle of using
new debt to keep up with mortgage payments, car loans, student
debt and ultimately living expenses.
This
cycle will turn when the cash flow yield
of assets reaches levels people can make money on in the worst environments; where equity funds
new projects with no
debt, and the profit is obvious.
People get caught in a
cycle of credit limit increases,
new credit card offers and using credit card
debt to pay... Read more»
Whether you are looking to purchase a
new home or
new car or are just looking to escape the vicious
debt cycle and the burden
of financial pressure, we can help you find that path to your goals.
These bonds are bought by investors on the open market for less than their face value, and the company uses the cash it raises for whatever purpose it wants, before paying off the bondholders at term's end (usually by paying each bond at face value using money from a
new package
of bonds, in effect «rolling over» the
debt to the next
cycle, similar to you carrying a balance on your credit card).
And while civilian light water reactors do not require that kind
of enrichment,
new nuclear plants still start out with a huge carbon and energy
debt to work off, which means it is years before they produce more energy than they consumed along the way (I have heard estimates exceeding 15 years when all the construction and fuel
cycle energy use is accounted for).