Broke Illinois Pension System Leaves Every Resident With $11,000 Of Debt
“failure to address its pension crisis has resulted in further deterioration of the state and cities’ finances, exorbitantly high borrowing costs, and…”
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The Pension Crisis Gets A Catchy Name: The “Silver Tsunami”
So far nobody is paying attention, but with 10,000 Baby Boomers turning 65 every day, the crisis will come crashing down like a tsunami. Here’s why…
Continue readingGreg Hunter: President Trump & British PM May Are Preparing For Joint Action In Syria
Greg says that Russia is warning it will counter-attack if Syrian or Russian troops are fired upon. Here’s the latest news coming out of Syria…
Continue readingRetail Apocalypse Watch: Sears Begins 2018 Announcing A Combined 103 Sears & Kmart Closings
The Sears (and Kmart) death spiral continues right at the start of 2018. Here’s the details…
Continue readingSimple Wisdom From One Of The Most Famous People To Go Broke
“Nearly every major asset class– property, bonds, stocks, venture capital, etc. is simultaneously at all-time highs with valuations not seen since historic crashes…”
Continue readingRetail Apocalypse Watch: Toys “R” Us To Close Up To 200 Stores Due To Collapsing Sales
So much for that record holiday consumer spending spree. Toys “R” Us is imploding…
Continue readingPeak Student Debt Bubble: Garnishing Wages From College Graduates Working At Starbucks
Here’s a timely update on the student loan crisis and student debt bubble. The problem is not going away. In fact, it is only getting worse…
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