Argentina is suffering the ravages of government debasement of the currency -- i.e., inflation, the process by which government pays for its ever-increasing debts and bills by simply printing more paper currency. The expanded money supply results in a lower value of everyone’s money, which is reflected in the rising prices of the things that money buys.
Financial expert and best-selling author James Rickards thinks the “international monetary system is headed for a collapse.” Rickards contends, “It’s really not meant to be a provocative statement. The international monetary system actually has collapsed three times in the past 100 years.
The concept of retirement is a fairly modern one. In fact, we can argue that only one generation actually got to enjoy a long and relatively healthy stay in retirement over a mass population. For most of history, life and work went hand and hand and people retired essentially when they keeled
UN scientists are set to deliver their darkest report yet on the impacts of climate change, pointing to a future stalked by floods, drought, conflict and economic damage if carbon emissions go untamed.
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