The Coronavirus Will Be The Death Knell For Some Colleges

My Comments: I have lived my entire adult life in what can be described as a major college town, located in a relatively rural area in north central Florida. The university is the economic engine that drives the economic success of this community. Yes, we have the usual ups and downs, but the downs are …

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The Coming Pension Crisis Is So Big That It’s A Problem For Everyone

If I believed it was so, I’d be writing that there’s no retirement problem looming over us. But there is a problem, and you and I alone cannot fix it. I’m not sure it’s fixable. All we can do is be aware of it and at a personal level, figure out ways to survive it. …

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Climate Change and Retirement

Retirement for many is a 30 year trek into the future. And climate change is going to influence how we live those years. Here in Florida, we have 8,436 miles of shoreline. By 2050, experts tell us to expect 3 – 4 feet higher sea levels along the southeast coast. What will happen to the …

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The Average Cost of Healthcare in 21 Different Countries

My Comments: We claim to be a rich and sophisticated country. We agree we have exceptional health care, just that it costs a lot of money. We also like to think our life expectancy reflects our sophistication when it come to health care. I’ve written before that there are five principal stakeholders in our health …

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Is a Stock Market Correction in the Cards?

My Comments: I don’t know about you, but I’m tired of thinking about this. Frankly, it can’t happen soon enough for me since I’ve been getting ready for the next one for several years now. And it’s kept me from being confident enough to put my money where it will grow in a meaningful way. …

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A Radical, Redistributive Re-imagining of Capitalism?

My Comments: I recently had published in the local newspaper an article I wrote where I described myself as a Social Capitalist. It’s my effort to imply that I’m a capitalist with a social conscience. The challenge for society is to properly define the extent to which pure, unfettered capitalism can be modified to satisfy …

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The US could lose its crown as the world’s most powerful economy as soon as next year, and it’s unlikely to ever get it back

My Comments: It’s my belief that the current administration, in their efforts to Make America Great Again, are doing it wrong. From efforts to remake NAFTA, not participating in the Trans-Pacific Partnership, misguided tariff policies, efforts to limit immigration as existing Americans are having fewer children, tax laws that serve to benefit the already rich …

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The ‘Yuge’ Republican Lie About the Deficit

My Comments: Yes, I’m a registered Democrat and have been since 1963. And, yes, I’m not happy about the growing Federal deficit. Two observations: (1) I’m OK with a deficit if there is bipartisan effort to see it as a potential problem and an effort is made to keep it a reasonable percentage of the …

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Republicans Hate Deficits. Or at Least That’s What They Claim

My Comments: First my apologies for those of you who have little understanding of economics. You are clearly not alone as this article suggests. I’m reasonably well versed, having studied it since I was a college sophmore some 50 plus years ago. I consider Paul Krugman among the foremost authorities on global economics and his …

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Housing Bubble #2 Is Bursting… How Low Will It Go?

My Comments: A critical element when it comes to planning for retirement is ‘where do you want to live?’ with the emphasis on ‘WHERE…’. And it’s not only ‘where on the planet’ but ‘what kind structure’, ie a house, an apartment, an RV, or something in between. And after that, do you own or rent? …

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