Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Wednesday, January 18, 2006

Saving money..............

China had a record 14 trillion yuan (1.74 TRILLION in US dollars) of personal savings by 12/31/2005.

That figure increased 11% from 2004. Chinese families spend 60% of income and save 40% of income. Wait until that money finds its way to United States investment banks scurrying to build presence in China.

American families have on average over $7,000 of credit card debt. Go figure.

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