Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Financial Collapse Heightening Factor.
31 May 2012, 16:32,
#1
Financial Collapse Heightening Factor.
Hi everyone.

This is news and it's an awareness bulletin.

The financial system is super fragile at the moment. Eurozone, run on the banks, weakening dollar, increasing national and global debt.....etc. There's no denying it, the financial system is on it's knees.

This is where it gets kicked in the head: the Babyboom generation, the largest working percentage agegroup on the planet earning the most money and providing the most taxes, is about to retire. From mid 2012 to 2016 the largest financial exodus will occur. More people will be leaving work and selling their shares, cashing in those ISAs, claiming those life insurance cheques, and the alike, then ever before in history!!!

This will be a global phenomenon and when it happens, share prices will drop, there will be huge withdrawals from the banks, and the overall financial system will be even more screwed than before!!!

Who's ready to retire now?........everyone!!!
Dissent is the highest form of Patriotism - Thomas Jefferson
Those who sacrifice freedom for security deserve neither - Benjamin Franklin
Reply
31 May 2012, 16:42,
#2
RE: Financial Collapse Heightening Factor.
yep, i reach state retirement age next year, wife the year after.
Some people that prefer to be alone arent anti-social they just have no time for drama, stupidity and false people.
Reply
1 June 2012, 11:04,
#3
RE: Financial Collapse Heightening Factor.
Thanks BP, you're not helping the situation haha.
Dissent is the highest form of Patriotism - Thomas Jefferson
Those who sacrifice freedom for security deserve neither - Benjamin Franklin
Reply
1 June 2012, 11:21,
#4
RE: Financial Collapse Heightening Factor.
(1 June 2012, 11:04)Scythe13 Wrote: Thanks BP, you're not helping the situation haha.

nothing new there then!Big Grin
Some people that prefer to be alone arent anti-social they just have no time for drama, stupidity and false people.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)