DTube - Baby Boomers Are In TROUBLE As CRASH Approaches! - Pensions Are NOT Safe!
Josh Sigurdson talks with author and economic analyst John Sneisen about the coming crash and how it affects baby boomers especially.
Baby boomers spend more into the economy than any other category and also unfortunately hold a lot of debt. On top of that are the countless dangers that face pensions across the board. The pension shortfall going forward is massive and many baby boomers will not get their pensions and have already lost much of it. Also, many baby boomers have not prepared for their own futures all while many others are caring for their kids and grandchildren via student loans.
As this problem worsens and we see the everything bubble come closer to popping worldwide, individuals needs to start standing up and protecting themselves. Individuals need to start protecting their purchasing power and saving for their futures outside of the banks or government. People need to be self sustainable and financially responsible.
If you don't understand money, you are not going to do well down the road.
In this video John breaks down the many reasons baby boomers need to watch out for what's ahead and what they can do to ensure that they've insured their wealth and protected their wallets.
Stay tuned as we continue to cover this issue closely!
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Baby Boomers are soooo screwed.
Many think their house is an asset.
Most will see a drop in offering prices that will make this crypto pullbacks seem like nothing.
Most have all (if any) of their money in stocks and bonds.
Both of which are going to collapse, then fall over, then die.
They will find that they owned nothing.
They owned a paper, that said, they owned another paper,
that eluded to them having an option on a stock.
And the Baby Boomers inability to handle technology is going to cut off the one great escape path from the world-wide fiat money collapse.
Maybe some of them will own PMs. Those will be the lucky few.