By 2010 the first of the baby boomers are going to retire, 75 million people. We are going to be hitting a large recession my in opionion, alan greenspan has made comments and it just makes sense. Just take a look at the figures.
Once the begining of the 75 million people start to retire, lets just say each person takes $1,000 a month from the social security market. That is 75 BILLION DOLLARS A MONTH COMING FROM SOCIAL SECURITY.
THAT IS THE SAME AMOUNT IT HAS COSTED FOR THE WAR, OR HURRICANE KATRINA FOR COMPARSION. every SINGLE MONTH
We can also conclude that theses people may start retiring $1,000 a month from the FINANCIAL MARKETS, I honestly don’t see how this market is going to be going UP. Massive Foreclosures right not, we are at a HISTORIC HIGH OF DEBT. Our current president has put our country in more debt than the last like 20 presidents. WHY WE WANT YOU TO BE RICH, there is going to be a separate between the rich and poor, in the future there will be no middle class.
SAVERS ARE LOSSERS, TRUE, BECAUSE of a BILL that took the dollar off the gold standard. Our money has been turned into a CURRENCY, and CURRENCIES loose money. Simply SAVERS are loosers are because the fact is the AMERICAN DOLLAR IS GOING DOWN. American dollar is going down faster, than normal right now. The PESO is gaining more value than us.
BETTER BE PREPARED, WE NEED TO STOP LIVING IN A ‘WELFARE STATE’ AND THINKING EVERYTHING SHOULD BE HANDED TO US.
WE NEED MORE PEOPLE TO PROVIDE JOBS, ENTREPRENEURS, and some people who actually understand ECONOMICS AND INVESTING IN OUR GOVERNMENT.