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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: CusterInvestor who wrote (75969)7/4/2011 8:39:48 PM
From: TobagoJack  Read Replies (1) | Respond to of 217740
 
plural ... black holes ... too many to talk about individually, but we potentially can experience multiple black holes tunneling journey at the end of which we no longer recognize ourselves

or, alternatively, we might engage with multiple chain-reaction super nova explosion / implosions resulting in still more black holes

only one truth for sure, that the process would not be boring

in the mean time, just cleared from e-mail tray

From: J
Sent: Tue, July 5, 2011 8:15:11 AM
Subject: Re: Comments - Week of July 4


i see righteous revolution, because the majority electorate masses got robbed by the military-industrial-financial-media-political-academia elites, their evil enablers, twit-ish hangers-ons, and sordid groupies.

youtube.com

as and when realization dawns on the most, i see copious bloodletting, starting when the proletariates awaken to truth that they have nothing more to lose except their debt-ly chains, and for their children, a better world await but at sacrifice now, immediately, to the gods.

given above truth, political tyranny must also rise, per newtonian physics.

history can not be denied, its broadest sweeps shall prove irresistible, and its full expression would be comprised of all known known ingredients.

recommendation: ... well, never mind, you know already

From: d
Sent: Tue, July 5, 2011 7:29:37 AM
Subject: Re: Comments - Week of July 4


R, my dad in last 30yrs of his life brought down his budget substantially, starting w letting me pay for my last 3 yrs of college, moving homes, keeping same cars for decade at time, using coupons, etc.

From: R
Date: Mon, 4 Jul 2011 07:27:52 -0700
Subject: Re: Comments - Week of July 4


I have two working couple friends who just reached 65 and realized they will be working till whenever to maintain a desired life style.

These are not sob stories nor would a higher yield on CDs help them much. They lived well within their means during their entire adult life. They only forgot one thing - save for retirement.

Couple 1 has less than $1 million in retirement to support a $300,000 per year life style.

Couple 2 has an approx $100,000 pension from one job to support a $200,000 lifestyle, with almost no savings.

On the other side, I look at friends who had or are reaching the normal retirement age of between 55 to 65 and are financially comfortable to retire. They are all benefactors of asset bubbles, some from equities but most from real estate in California. NONE had wealth from participation of businesses that produced things or hired workers. They were all regular working stiffs like the first 2 couples, though with decent professional jobs. Had these boomers merely saved for retirement via fixed income instruments, they would be comfortable but no where near what the asset bubbles gave them.

I guess my point is that as the boomers are now reaching 65, we are going to see if they are going to be net contributors to the economy or are they going to be the last straw that breaks the camel's back. May be it is more like the last camel that is going to squash that withering straw.



On Mon, Jul 4, 2011 at 5:52 AM, M wrote:

Interesting analysis......the law of unintended consequences....

M

pajamasmedia.com

SNIP:
the labor-force participation rate for those 65 and older has nearly doubled since reaching a low of about 10 percent in the mid-1980s. It peaked earlier this year at 18 percent.

Don’t forget, a 68-yr old who by law cannot become an Obamacare burden to the business. Look at the jobless recovery among those over 45 that flips once the magical 65 is achieved.