Economic Updates

World Economic Collapse Explained in 3 Minutes (Videos)

World Economic Collapse Explained in 3 Minutes (Videos)

  This short video explains the World Economic Collapse in a way that everyone can grasp and enjoy. We’ve also included below an absolutely hilarious comedy skit by Bud Abbott and Lou Costello from 1953 that, while having nothing to do with economics, closely parallels the style employed in the […]

 
 

Grasshopper Nation

Grasshopper Nation

  Something is wrong. We sense it. We feel it. We see it in people’s faces. We see it in the mirror. Like a rubber band that’s been wound too tightly, civilization is getting ready to snap. When it does things are going to get very ugly, very fast. “How […]

 
 

Are You Going to Survive Crushing Poverty?

Are You Going to Survive Crushing Poverty?

  All too many previously successful Boomers are experiencing crushing poverty as they enter what was supposed to be their ‘golden years’. More enter the ranks of the impoverished everyday. “The forces are mounting that will eventually overwhelm most Americans and send their standard of living to unknown depths. Americans […]

 
 

The 2nd Great Depression

The 2nd Great Depression

  Many Baby Boomers have been financially devastated by outsourcing, early retirements, automation, cutbacks, skyrocketing healthcare premiums, inflation of everyday necessities, increasing property taxes, the Fed’s ZIRP and NIRP policies, and losses from high yield bond investments that went south. Many well known, respected financial gurus with great track records […]

 
 

Slash the Cost of Car Ownership – Legally (Video)

Slash the Cost of Car Ownership – Legally (Video)

Times are tough for lots of folks. We’ve all noticed that each year the cost of registering and plating vehicles continues rise, in some cases dramatically. Did you know there’s a completely legal way to not reduce, but completely eliminate this expense? “How to drive without a license is an […]

 
 

We’re being Taxed to Death

We’re being Taxed to Death

  Excessive taxes and exorbitant tax rates are destroying the middle class and wrecking the economy. “If you hate taxes, you are far from alone. According to NBC News, here are some of the things that Americans would rather do than pay taxes…” Read more…     Related Articles: Hidden […]

 
 

Will Pension Crisis Destroy Economy?

Will Pension Crisis Destroy Economy?

Central Bank policies around the world have all but guaranteed that a Pension Crises of unimaginable scope is coming our way.  As bad as this will be for retiring Boomers, the ramifications for the entire economy are going to be just as difficult to fathom.  “Unfunded liabilities for pensions have […]

 
 

Retirement Savings Debacle

Retirement Savings Debacle

  Just when you thought there wasn’t any more bad news when it comes to retiring, think again. “The percentage of workers saying they or their spouse saved for retirement is 69 percent in 2016, down from 75 percent in 2009. That number has bounced around a lot, between 57 […]

 
 

Women Hit ‘Glass Floor’ in Retirement

Women Hit ‘Glass Floor’ in Retirement

Women know they can hit the ‘glass ceiling’ when climbing the corporate ladder, but did you know there’s also the ‘glass floor’ on the way down?. “Regardless of which state you call home, if you’re a woman, your chances of living in poverty when you pass 65 are alarmingly high, […]

 
 

Get Ready for a Haircut

Get Ready for a Haircut

Is your pension check about to get a hair cut? Most boomers have no idea how pension plans are funded, instead they sip pina coladas, relying upon politicians and experts to keep those checks coming. Over 400,000 retirees just got whacked in the head, as the Central States Pension Fund […]