Wednesday, April 21st saw Reuters publish not one, not two, but six articles on the Greek debt mess.
Basically, they discussed what could be an amusing procedural hiccup for the planned Greek bailout.
All Posts Tagged With: "baby boomers"
Germans Are Reluctant To Give Greeks A Financial Weapon
Cold Day in Hell When Americans are Not Willing to Spend
The Baby Boomers were flying high during the wonder years. They looked forward to higher house prices and rising stock prices. But now, after having suffered an $11 trillion loss in stocks and real estate…
April 12th, 2010 | Bill Bonner | 2 comments | Continued
The SKI Principle
A trip home to the Sunny Coast revealed several things. One of them was the SKI principle. This sophisticated philosophy allows people to retire in comfort…
April 10th, 2010 | Nickolai Hubble | 2 comments | Continued
Reader Mail on Housing, Australia, Industry and Family
We interrupt your regularly scheduled Daily Reckoning to bring you some views and comments from Daily Reckoning readers all over Australia. When we started the DR Australia in 2005 (your editor was in London at the time, but secured the services of one Kris Sayce) it was a letter without any readers…
March 31st, 2010 | Dan Denning | 29 comments | Continued
Who Wants to Be a Millionaire?
Maybe the illusive dream of six zeros is within reach for all people around the world. All you have to do is borrow a million dollars. The fact that you owe the money to the bank isn’t relevant.
March 27th, 2010 | Nickolai Hubble | 2 comments | Continued
What Happens to Market and Economy When Boomers Begin Consuming their Retirement Incomes?
The burden of today’s Daily Reckoning is to figure out what’s going to happen when Australia’s millions of baby boomers retire. From the looks of it, the stock market will crash, government finances will be stressed, and the economy is going to slow. None of that sounds very promising.
February 2nd, 2010 | Dan Denning | 27 comments | Continued
Everything Was Looking Up With the Baby Boomers
Ok, Bill, let’s review those wonderful days from whence we sprang, so fraught with the advantages of having nothing. So potent with opportunity. It was the middle of the ’70s…
October 28th, 2009 | Bill Bonner | 27 comments | Continued
Baby Boomers Figure They Will Have to Work Longer than Expected
A woman loses her house. She stays with friends. She sleeps in her car. She tries to find work. Eventually, she runs out of options and checks into a homeless shelter.
October 21st, 2009 | Bill Bonner | 2 comments | Continued
Is the Real Economy Growing, Expanding, and Making Money?
JPMorgan, the Wall Street firm that was bailed out by the feds a year ago, reported income of $3.6 billion in the 3rd quarter. With that kind of profit in the financial sector, it won’t be long before the whole economy is running red hot, right?
October 16th, 2009 | Bill Bonner | 4 comments | Continued
Consumer Economy Not Going to Return to Robust Growth Anytime Soon
Mortgage lenders say they expect the peak in foreclosures to come about a year from now. As for the bottom of price declines, you can expect that in 2013 or beyond.
October 15th, 2009 | Bill Bonner | 1 comment | Continued
Americans Aren’t Borrowing Or Buying
This is the story we’ve been telling here at The Daily Reckoning for two years. Americans have to cut back. They are out of time and out of money.
October 13th, 2009 | Bill Bonner | 1 comment | Continued
Sometimes Technical Analysis Sounds Like a Foreign Language
Your editor does not pick up foreign languages easily. But just for grins, we asked Gabriel to try his technical speak on the CRB commodities index. It’s been up, then way down, then back up. We wondered-all the fundamentals of supply, demand, growth, and recession aside-what the index looks like to trader with an eye for patterns and mind full of oscillators.
August 5th, 2009 | Dan Denning | 22 comments | Continued
Benefit From Being A Baby Boomer
People sometimes ask me: “What should I do with my retirement account?” I often tell them to consider ways of retiring that are not dependent on financial abstractions and various corporate/government promises, such as Social Security or corporate pensions.
January 8th, 2009 | Nathan Lewis | 1 comment | Continued
Baby Boomers Are Ill-Prepared for Retirement
Retirement financing is going to be a big issue for many, many people – even those who thought they had it in the bag. Altogether, trillions of dollars’ worth of retirement funds have been lost already. Read on…
October 30th, 2008 | Bill Bonner | 2 comments | Continued
