The new retirement model revolves around dying broke and realizing that the 401k model of investing is a sham for most Americans.
The new retirement model means working until you die. Most Americans are broke and living paycheck to paycheck. Yet the stock market is near a modern day peak. What is going on? Wasn’t the 401k experiment that launched in the early 1980s to replace pensions supposed to be a panacea in terms of building out […]
The canary in the asset bubble is popping: $3.8 trillion bubble that you are probably not aware of.
The death of retail as we know it is real. People are shifting their buying habits online in a fast and furious way. The only retail outlets that seem to be thriving are dollar stores but they are thriving because many Americans are living paycheck to paycheck and online shopping is too expensive for some. […]
The Inflation Nightmare: How inflation is slowly consuming your income since 2000. The four horsemen of inflation include college tuition, medical care, housing, and stagnant wages.
Inflation has a slow destructive impact on your purchasing power. Most people don’t think twice about inflation. They just assume that the price of goods will go up because that is the way it has always been. Yet that is not true. The type of inflation we are seeing is debt supported inflation which has […]
Psychologically damaged baby boomers blame Millennials for all of the perceived ills in the economy including destroying dozens of industries.
The headlines continue to rail against young Americans as if they are the primary cause for many industries going under. Forget about the fact that companies like Amazon have shifted the way all Americans shop. The headlines blaming young Americans are getting to the point of ridiculousness. Baby boomers hold 50 percent of all wealth […]