CMPS chairman Gibran Nicholas launches blog to inspire financial confidence and clarityMortgagePress.comCMPS, Gibran Nicholas, Certified Mortgage Planning Specialist Institute, blog
Gibran Nicholas, chairman and CEO of the Certified Mortgage
Planning Specialist (CMPS) Institute, has launched a blog to
inspire financial confidence and clarity among consumers,
professionals, and the media. CMPS Institute is a national
organization that has certified over 5,500 mortgage bankers,
brokers and financial professionals.
Gibran's blog can be viewed at gibrannicholas.com, and recent
How much debt is too much?
This is a discussion of the expansion of the U.S. debt limit to a
staggering $12.14 trillion as a result of the latest economic
stimulus bill. "People today are frightened that we are teetering
on the brink of catastrophe," said Nicholas. "This
easy-to-understand explanation of the U.S. debt burden helps
consumers, advisors, and media professionals gain more confidence
that everything is not all doom and gloom and our economic system
is not on the brink of total collapse."
The $24.7 trillion question
This is a comparison of the total U.S. government debt ratio with
other countries such as Germany, France, Italy, and Japan. "I'm
sure you've heard that the U.S. dollar is going to collapse,
inflation is going to skyrocket, and China and the rest of the
world is going to stop buying US Treasury bonds," said Nicholas.
"This comparison of the U.S. debt burden with the rest of the world
dispels the myth that US debt levels are extraordinarily high and
out of line when compared to Japan or the Euro zone."
"We are finding that many people today are paralyzed by fear and
indecision," said Nicholas. "he purpose of this blog is to share
insights that help dispel some of the unfounded fears that exist in
today's marketplace." Stay tuned as the blog will be updated
regularly with unique insights, relevant content, and helpful
For more information, visit www.CMPSInstitute.org.