When the Welfare Checks Stop Coming

Written by Gary North on February 6, 2012

When poor people are one check away from a crisis, what will happen when the checks stop coming. Make no mistake about it. They will stop coming. The welfare state  is going to go belly-up. There is going to be a Great Default. The super-rich can get out. Some of them are doing this. But […]

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Busted Boomers: Why Their 401(k) Plans Are in Ruins

Written by Gary North on December 21, 2011

The problem is getting attention, but this Wall Street Journal story caught my attention. The  median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what is needed in that account to maintain its standard of living in retirement, according to data compiled by the Federal […]

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7 Habits of Highly Frugal People (Great for Teenagers)

Written by Gary North on December 21, 2011

This article is great for teenagers who are mature. It is not going to work with immature teens — or adults, for that matter. This detailed report is practical. But, like losing weight, its advice is hard to follow. That’s why it is best to develop these habits early. I have extracted only the highlights. […]

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