Grand Rapids, MI -- (ReleaseWire) -- 02/03/2014 -- The latest happenings in the economy in the U.S. can be hard to follow. Dennis Tubbergen is a financial advisor, author, radio show host and CEO of PLP Advisors, LLC and can be turned to when you need a little help on this subject.
Whether people enjoy his weekly newsletter at www.moving-markets.com or his blog at www.dennistubbergen.com, Tubbergen is devoted to telling us how various governments find ways to bring in more money. On January 23, 2014 his blog was titled Japan's Latest Plan to Raise Revenue - Raid Dormant Bank Accounts.
"Japan has massive public debt," began Tubbergen. "The latest idea to raise revenue is one that shows just how desperate the situation in Japan is getting. The country is considering a bill that would allow the government to confiscate money from bank accounts that have not been touched in 10 years."
To see the link to this story, go to his website at www.dennistubbergen.com.
"I’ve been stating my view on the world economic situation for the past six years on these pages," noted Tubbergen. "In the face of unprecedented action by central banks around the world, economic fundamentals haven’t changed. An article from CNN Money warns of political extremism not unlike the political extremism the world witnessed in the 1930s in the face of high unemployment and other economic winter season symptoms. The likelihood of more bank failures, which I believe is inevitable, is also discussed."
To see if you agree, go to the link on his website and read the article in its entirety.
"Geo-political tensions appear to be escalating, especially between the countries of Japan and China," warned Tubbergen . "While this is not a new phenomenon, the war of words between the two countries is intensifying."
Again, a link is available on his website. His third topic, shown below is startling to say the least, especially for those who think the economy is recovering.
"One in five American households received food stamps in 2013 according to the U.S. Department of Agriculture," stated Tubbergen. "The actual number of households receiving food stamps increased by more than 722,000 and has doubled since 2004."
Want to be a billionaire?
"Warren Buffet and Quicken Loans will pay you a billion big ones for a perfect March Madness bracket," explained Tubbergen. "But don’t get too excited. If you believe the odds, you are more likely to have 4 holes-in-one in a single round of golf."
To catch the links to all of the above stories, go tohttp://www.dennistubbergen.com and select his January 23, 2014 entry.
Tubbergen’s syndicated radio show can be heard on metro Michigan stations WTKG 1230 AM and WOOD Newsradio1300 AM and 106.9 FM. To listen to his shows as podcasts go to www.everythingfinancialradio.com
About Dennis Tubbergen
Dennis Tubbergen has been in the financial industry for over 25 years and has his corporate offices in Grand Rapids, Michigan. Tubbergen is CEO of PLP Advisors, LLC and has an online blog that can be read at www.dennistubbergen.com.
The opinions expressed herein are those of the writer and not necessarily those of USA Wealth Management, LLC. This update may contain forward-looking statements, including, but not limited to, statements as to future events that involve various risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual events or results to differ materially from those that were forecasted. Therefore, no forecast should be construed as a guarantee. Prior to making any investment decision, individuals should consult a professional to determine the risks, costs, benefits and fees associated with a particular investment. Information obtained from third party resources is believed to be reliable but the accuracy cannot be guaranteed.