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Financial Advisor, GTA, Ontario, Canada
Investment, Insurance, Tax & Estate Planning

Tuesday, November 23, 2010

Bullets In The Back

How Boomers & Retirees Will Become Bailout, Stimulus & Currency War Casualties
Currency wars have their victims, much like military wars. What differs is who the victims are and what the casualty rate is. In a military war, the casualties are usually under age 25. Even in a deadly campaign, most soldiers are not victims because they are in support capacities. 
The age of the casualties in a currency war is upside down compared to military war, because the worst of the damage is inflicted on those above age 50.  Moreover, it is not just a few, but almost everyone who is on the front lines, and thus almost all become a casualty.