Demographics / 10 posts found
Baby Boomers Housing Crash- Boomers Homes Flood The Market!!
In this video I cover a recent article by Zillow.com entitled:”The Silver Tsunami Which Areas Will Be Flooded With Homes Once Boomers Start Leaving Them” Here is the link:https://www.zillow.com/research/silver-tsunami-inventory-boomers-24933/
3.7 Trillion In Consumer Credit- Credit Madness Debt To Our Eyeballs!!!
In this video I go over an article I read entitled The secret to the current recovery is Americans have taken on 3.7 trillion in consumer credit debt. Although I paraphrase the title hear the article shows how the American consumer is spending beyond their means. There is now record credit card debt, student loan debt, and record auto debt. No wealth is being built just consumer credit that will form another epic crash in the not too distant future.
Baby Boomers Refuse To Sell Their Home And You Cant Afford To Buy
In this video I examine a new trend on why most baby boomers are not downsizing and keeping their large homes. In fact baby boomers refuse to sell their home. I cover an article that looks at the new trend of baby boomers being the largest home owners in the market. Their refusing to sell has contributed to the increase housing price making homes to high for the Millennial population. That and many of the children of the baby boomers are moving back in due to student loans and the lack of gainful employment.
1 Million Ohio Pensioners Face Pension Cuts
In this video I discuss a recent article covered by Zero Hedge describing pension cuts. In fact 1 million Ohio pensioners are facing a cost of living allowance cut on their pensions. Although the severity of the problem is beginning to take momentum, very little has been to address this catastrophic problem. I end the video playing a clip from the Ohio protesters who still don’t understand the world we now face.
Agents of Social Change- Social and Economic Change in 2018
It’s a new year and why we all set new year resolutions this year of 2018 will issue social and economic change some of which has not been seen in decades. What will be the agents of social change? Well Gordon T Long and Charles Hugh Smith present 4 primary pillars to illustrate the agents of social change. These are Inequality, Standard of Living, Competence Among-st the Political Leaders, and finally Corruption. Each one of these pillars are significant and Gordon and Charles Hugh Smith give an abundance of good quality information to back it up. As change accelerates in […]