Monday, September 21, 2009

Great Vid with Economist Michael Hudson

Friday, September 11, 2009

Can the Markets Thrive Without Boomers?


Interesting article on the effect of boomers retiring (if they are lucky enough).
As boomers pull out funds, will they pull down markets?
By: Robert Powell, Marketwatch
"Some economists have warned of the possibility of a dramatic decline in demand as baby boomers sell off their assets to finance their retirement; they assert that the sell-off could cause a dramatic decline in prices," Douglas Elmendorf, director of the CBO, wrote in his report. ''
Read the rest here.