Economic Updates

Boomer Interns

Boomer Interns

    If you’ve been retired, downsized or outsourced, here’s a government program that might be just right for you. Read more…     Related Articles: Boomers and the Great Social Security Challenge Baby Boomers: How to Turn Lay Off Disaster Into Success Understanding the Retirement Crisis     We’d […]

 
 

Stop being a Wage Slave

Stop being a Wage Slave

    More and more Boomers are discovering they can ditch their job, create a new income stream and begin to enjoy life. Read more…         Related Articles: Approach The Future For Success Avoid These Mistakes to Achieve the Entrepreneurial Mindset Lose the Fear of Selling to […]

 
 

Emerging Markets Crater

Emerging Markets Crater

    Emerging market equities, bonds, currencies and economies hit hard as ‘hot money’ from US carry trade reverses flow due to rising interest rates. This is the biggest rout since 1998 when the Asian crisis began unfolding. We’ll have to wait and see if central bank actions can contain […]

 
 

Government Pensions – Goodbye!

Government Pensions – Goodbye!

  Some Boomers chose government careers due to perceived stability, generous benefits and great pensions. Retiring government workers are already beginning to experience a different reality. Underfunded pension accounts, declining revenues and decades of fiscal mismanagement mean pensions are in serious jeopardy. That’s the good news. Here’s the rest of […]

 
 

Renters Replace Homeowners

Renters Replace Homeowners

  A financial trap can await Baby Boomers who stay around the neighbourhood too long. The wave of home foreclosures that followed the economic collapse of 2007-2009 changed the face and fabric of many American neighbourhoods. Foreclosed homes, purchased by private equity groups, now make up a significant part of […]

 
 

France on the Edge

France on the Edge

    The French economy remains in the toilettes, but to hear French politicians tell it, everything is coming up roses. John Mauldin, one of our favourites, has a completely different and decidedly negative take on French economics and France’s future. Read more…     Related Articles: Europe – The […]

 
 

America Dumbed Down

America Dumbed Down

  It’s no secret that Americans aren’t as intelligent or literate as we were just 100 years ago. There are many theories as to the root causes, ranging from mercury poisoning from amalgam dental fillings, union controlled schooling and decades of welfare loafers out breeding productive members of society. As […]

 
 

Credit Crunch in China

Credit Crunch in China

    The booming Chinese economy, like our own, was fueled by cheap, easy, plentiful credit. This bubble is bursting with painful consequences that are beginning to be felt worldwide. Read more…   Related Articles: China’s American Cities and Special Economic Zones Economics 101 – The Shortcourse Ideas and Nations […]

 
 

Europe – The Truth and It’s Ugly

Europe – The Truth and It’s Ugly

  To hear main stream media tell it, the European economic/financial crises is over and happy days are here again. Here’s the truth and it’s ugly. Read more…           Related Articles: Is Europe Ready to Explode? Doug Casey – Hedge Against Political Risk You Should be […]

 
 

Government Statistics – The Big Lie

Government Statistics – The Big Lie

  Pension funds, institutions, corporations and individuals rely upon government agencies like the Bureau of Labour Statistics to provide reliable, factual statistical reports that accurately portray our nation’s economic activity. There’s a lot riding on the veracity of this information. Politicians know they wouldn’t be elected or re-elected if constituents […]