We all know that a large wave of Baby Boomers in the US are approaching retirement. But what about the rest of the world? And what happens when those retirees need to spend out of savings? There is more than just a credit crisis and a government deficit crisis in our future. A rising level of retirrees...
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
10-05-2009
Filed under:
Filed under: Credit Crisis, China, Banks, Niels Jensen, Absolute Return Partners, Europe, G20, Baby Boomers, Retirement, PIGS, Exports, Savings, Brazil, Population, BRIC
Dear Friends: A long-time religious land bridge between the Islamic and Western worlds, Turkey now finds itself an economic gatekeeper, a US-backed contender for the EU and the only key that could unlock Europe from dependence on Russian resources. The value of your dollar is intrinsically linked to...
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
04-09-2009
Filed under:
Filed under: George Friedman, Stratfor, Geopolitics, Politics, Russia, Government, Turkey, Germany, Europe, Barack Obama, G20, European Union
The Big Three have a new customer, and it isn't you. As Detroit's former heavyweights fight for a slice of a $25 billion bailout package, more than humble pie is being eaten. If the automakers fail and take their companies into bankruptcy, Michigan as we know it ceases to exist economically....