The Social Security Trust Fund (SSTF) 2012 report to Congress is now out (link). It’s 242 pages and contains a great deal of information. I have reviewed a number of sections in the report that I consider to be key measures of SS’s health. Not one …
Is there a Baby Boomer so dim in this land of rackets and swindles who thinks that he or she will escape the wrath of the Millennials rising? The developing story is so obvious that only an academic economist could fail to notice. Here’s how it will go: some months from now, as the financial unwind worsens, and the mirage of gainful employment shimmers away to nothing, and the technocrats of Europe meet…
Sometime over the next week or so, you may remember this article and decide that I’m crazy (assuming you haven’t already). The market’s job over the near future is to convince you that the rally will go on forever, so you may start to t…
This post was written by Lugnut at Capitalstool.com. I think we just have a liquidation cycle gathering because Uncle Fed didn’t come through with more…
Analysis: Baby boomer fears cast another pall over markets
On Wednesday September 7, 2011, 9:22 am
By Michael Dolan
LONDON (Reuters) – Even as anxiety over policy inertia, banking and sovereign debt crises dominate the headlines, a long-festering co…
It is not easy to destroy the greatest empire in the history of mankind. The 20th Century was the American Century, but as with all empires, the combination of hubris, monetary debasement, imperial overreach and delusional overconfidence have set in…