Tuesday, March 25, 2008

The "not So Great" Generation

This USAToday story about the rise and fall of many baby boomers is, unfortunately, probably a sign of things to come.The plan wasn’t very sound, when you think about it, but it sure worked pretty well for a while - have everyone buy lots of stuff that they don’t need with money they don’t have until everyone is in debt up to their eyeballs.As long as the economy was booming, stocks were rising, and real estate prices only went up in one direction - up - the plan worked pretty well.
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[Source: The Money Blogs]

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