Welcome to my blog! My name is Ben Rabidoux. I have a passion for all things related to finance and economics. I am a college professor and trained financial adviser. I have a passion for educating people about how money works and how to master it to achieve financial freedom rather than being mastered by it, as so many in our consumer-driven society are.
This blog is where I share advice on how to prosper in the coming tumultuous years. I’m not prone to doom and gloom by nature. Nor do I believe that the ‘sky is falling’. I do believe that there are structural issues with how our economy generates ‘growth’, which I believe is unsustainable. Much of this growth illusion is built on the false premise of perpetually rising home values out of which consumers draw equity to buy stuff they don’t need.
The inevitable secular shift away from consumerism and debt and towards saving and general frugality will be driven by the unstoppable normalization in house prices. It will be painful for those caught unprepared, as it will exert great deflationary pressures on the broad economy. Yet it will present tremendous opportunities to the diligent. I’d like to see you prepared for those opportunities.
If you’re new to the blog, please check out the primers, which outline the macro factors that I believe will drive the coming housing correction and economic realignment.
Feel free to email me with any questions, comments, or guest posts. I’ll never claim to know everything, but I’m happy to share my beliefs, which I believe are worth at least double the price of admission. Feel free to share your own views. I’d be happy to post them.