Juggling Dynamite

Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments on the world economy and markets.  Here is a direct audio link.

The SEC caved to the broker/dealer lobby again yesterday (See SEC’s so-called best-interests rule is a fraud, that protects industry profits, not investors) and refused to hold everyone giving investment recommendations to a fiduciary standard of care.

It is past time for clients and customers to take self-protection into their own hands.  Help yourself and your loved ones:  ask the person you are taking financial/retirement recommendations from to sign the oath below.  If they say they cannot, then find one who will.  You cannot afford to do otherwise.

Have your financial intermediary sign the Fiduciary Oath.
Print it.
Have it signed.
Save it.https://t.co/jUebhYPK0o pic.twitter.com/AZUJzZgt6n

— FiduciaryPath (@FiduciaryPath) June 5, 2019

A 2016 study by water scientists published in the research journal Scientific Reports found that during the 20th century, 14% of the global population lived with insufficient water to provide for human needs.  Today, water insufficiency has leapt to nearly 60% of the world’s people.  With a tripling of world population in the last 80 years, the drain from current systems of large scale animal-based food production is unsustainable.  The graphic below lends perspective.  Changes in the foods we consume can be made voluntarily and pre-emptively or forced by drought.  Individual inaction is a choice for the latter.  See WSJ Lowville had lots of water then string cheese came to town:

” … a big reason water consumption is expanding around the world is food—primarily, meat and dairy products. As economies grow and wealth increases, more people are eating meat and cheese, which have far bigger water footprints than fruit and vegetables.”