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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (23247)2/9/2005 5:45:53 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 116555
 
Good read, I also heard a talk radio program in Phoenix addressing the same issue today. Got cat food stocks (or perhaps shares of Soylent, Inc)?<G>



To: mishedlo who wrote (23247)2/9/2005 8:11:57 PM
From: regli  Respond to of 116555
 
Working until you die may be the biggest illusion of all. With jobs harder to attain, the competition for jobs, especially in the lower echelons, is increasingly lowering even meager incomes. Retirees or near retirees will struggle to supplement their income.

>>That shifted the financial burden of a four-teenager household onto his wife, Susan, 41, who draws a modest salary as a paralegal. Mr. Lemoine's 80-year-old mother also pitches in, lending the family money.

The ordeal has profoundly changed Susan Lemoine's outlook on the future.

"I will work," she said, "until the day I die." <<