Tuesday, December 25, 2007

The Boomsday/banking double-whammy

Sorry to be gloomy on Christmas, but the following articles caught my attention:

The first of the vast US baby boom generation goes into retirement in January, setting off a demographic tidal wave with wide-ranging economic, political and social implications.
H/T Breitbart

Here comes Boomsday - just in time for the mortgage/banking crisis.

Does anyone still think they have "too much equity?"

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