Boomers are cutting back? Of course boomers are cutting back! They’re getting ready for retirement. They need to save some money. It was loony to think you could finance your retirement out of the increases in your house’s value. Who were you going to sell the house to? Boomers were the biggest buyers of houses.
August 18th, 2010 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "boomer"
Boomers Made a Mess of the United States of America
First, Americans made a colossal mistake in the ’90s and the ’00s. They partied…they spent…they borrowed…running up huge debts in the private sector.
November 23rd, 2009 | Bill Bonner | 10 comments | Continued
