The day is long overdue when the debt crisis can no longer be ignored
Debt brought the world to its knees in 2008. Paradoxically, disaster was circumvented by doubling down with even more debt, deferring the consequences to sometime in the future. We believe that “sometime” will be in the decade of the 2020s
Boston University’s Professor Laurence Kotlikoff has documented the crisis in articles and lectures. It’s much worse than the official government figures when you add in what Dr. Kotlikoff calls “off-balance-sheet debt” that includes Social Security and Medicare.
The day is long overdue when the debt crisis can no longer be ignored
Please read Per Capita World Debt Has Surged To More Than $200,000 at https://seekingalpha.com/article/4277051-per-capita-world-debt-surged-to-200000
Field of Study: Finance
Serial entrepeneur specializing in target date funds and baby boomer investment education.
Ronald J. Surz is co-host of the Baby Boomer Investing Show and president of Target Date Solutions and Age Sage, Target Date Solutions serves institutional investors, namely 401(k) plans. Age Sage serves do-it-yourself individual investors. His passion is helping his fellow baby boomers at this critical time in their lives when they are relying on their lifetime savings to support a retirement with dignity, so he wrote a book: Baby Boomer Investing in the Perilous 2020s .
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