Authored by Stephen McBride via MauldinEconomcis.com,
This year, the first Baby Boomers turned 70, and that spells trouble for the economy and financial markets.
Speaking at Mauldin Economics’ Strategic Investment Conference, chief economist and strategist for Gluskin Sheff, David Rosenberg, dissected the wide-ranging implications of the wave of Baby Boomers now retiring.
Fifty Million Americans Aged Over 70 By 2030
Authored by Martin Armstrong via ArmstrongEconomics.com,
The only way to protect Poland from Islamic terror attacks is to not allow Muslims to migrate en masse. That is now the view of 71% of the people.
This is becoming the major issue in Poland and is at its core dispute with Brussels. As a reminder, Poland recently followed Hungary's lead in corralling migrants...
It's not just bankers that are leaving the UK, broad-based Brexodus continues as EU citizens flee the apparently sinking-ship and now, courtesy of the latest report from Public Health England, they have another good reason to leave 'Ol Blighty - cases of syphilis have reached their highest level since 1949, new figures have shown.
Authored by Danielle DiMartino Booth,
Fake news is so old.
How else did, “I am prepared to veto any bill that has as its purpose a federal bailout of New York City to prevent a default,” become, “DROP DEAD” way back in October, 1975? Oh, those hellbent headline writers. Whatever will they think of next? Besides, the Daily News headline worked wonders, if infuriating die hard New Yorkers was the objective.
Authored by Kevin Hoffman via RebootIllinois.com,
Illinois has been operating without a state budget for two years.
In that time, the state’s credit rating has been downgraded eight times, the backlog of unpaid bills has surpassed $14.5 billion, more than 1,500 employees at public universities and community colleges have been laid off, and countless social service providers are struggling to keep their doors open as they wait up to seven months to receive payment from the state.