The perfect storm is coming and no one will be able to stop it. Today is a day in 2017 and within the next years perhaps within 10 years changes will happen blazingly fast. The following issues may or may not be politically correct and are partly my observation. That’s not why I choose to deliver this message like this. These are points that I think go unnoticed and I’m just putting my spin on them. I will be releasing a couple of points a week. 🙂 Well, that’s if I’m not interrupted and have the time.
The majority of baby boomers will be retiring. As retirements start most will not spend as much as they did when working and sadly they’ve not saved much over their lifetimes. This will cause a drain on programs designed to assist those in need and will not put money back into the economy. I did see a Bloomberg report the other day that said retires need to learn how to spend money. WTF. That won’t help. Leave us alone we know how to spend and while our saving habits has a lot to be desired, our spending won’t change nor improve where the economy is headed. Here is the link to that report. https://www.bloomberg.com/news/articles/2017-05-16/rich-retirees-are-hoarding-cash-out-of-fear
It’s not hording. Does Greece, Argentina, Brazil and other countries not give you pause? Those folks are practically selling body parts to get food for their families. That could very well happen in the United States. What we will see are people fighting for specials at Walmart’s and others stores around the holidays. And, to think some communities outright ban victory gardens or gardens to help supplement a grocery bill. We must all learn and relearn how to help our self as no one will be there for you or your family….
The cost for medical and other benefits will be staggering. Partly due to our over indulgences and becoming fat. Yes fat and not the politically correct obese. Health issues associated with being fat are diabetes, heart failure and kidney damage. Medicare is not what it should be and healthcare in this country, seems to be devoted to the insurer’s enabling them to invest money into other things. And when those other things come crashing down. (Housing bubble, stock bubble, TECH BUBBLE! etc. .) HEALTH CARE COSTS WILL INCREASE. The notion that there is a healthy fat and fit person is a misnomer. https://www.independent.co.uk/life-style/health-and-families/obesity-healthy-not-possible-fat-fit-study-coronary-heart-disease-stroke-birmingham-university-a7739891.html
Let’s not start talking about the NSAIDS that are freely handed out and taken by all. Even our own government is issuing warnings about NSAIDS. https://www.fda.gov/Drugs/DrugSafety/PostmarketDrugSafetyInformationforPatientsandProviders/ucm150314.htm
I’ve not seen nor heard ad campaigns announcing this have you??