Gold Core

The Madoff Ponzi Scheme's Parallels with the US Social Security System

Published by Mark O’Byrne under Economics | Whimsy |

There are interesting parallels between the Madoff Ponzi scheme and the US and many other social security schemes internationally.

As the huge bulging demographic that is the Baby Boomers retire, the smaller demographic of the next generation will have to fund their retirement. As the Baby Boomers retire and begin to withdraw their funds from Social Security system there will be huge redemptions from US and other stock markets as much of their retirement funds are invested in the stock markets.

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The Bailout Squared (Comic)

Published by Edward Murphy under Economics | Whimsy |

Or is that Bailout to the power of Bailout?

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Deep Protracted Recession Coming but Important to Keep Things in Perspective

Published by Mark O’Byrne under Whimsy |

Irish writer, Joe O’Connor has been appearing on RTE’s (Ireland’s national radio station – akin to the BBC) Drivetime in recent weeks with some witty, inspiring and uplifting poetry.

His beautiful words perfectly illustrate how an economic recession or depression is not the ‘end of the world’ rather simply a period of slower or declining economic growth.

While O’Connor’s poem is focused on

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From the Sub-Prime to the Ridiculous

Published by Edward Murphy under Video | Whimsy |

On a day when I read that rising fuel prices are putting a pinch on the world's oldest profession
I am reminded that there are commentators that can laugh in the face of creeping economic woes.

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Investment Tips for the Meltdown (comic)

Published by Edward Murphy under Whimsy |

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