Aging population with poor health habits posing global entitlement problems

If people would do the right things to look after their own health that would be a different world. But most do not and they are placing a crippling burden on the finite resources of publicly subsidized health care systems as well as constraints on workforce productivity. While present trends are great for drug co profits they are disastrous for the rest of us in pretty much every way possible. Time for fresh policy thinking. Mayor Bloomberg is on the right track even as he inspires anger in response.

Marko Mrsnik, S&P analyst, reveals the results of a new study that shows over the long-term, current policies for aging care are not sustainable.Here is a direct link.

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Financial repression not unique to Cyprus

CNBC’s Rick Santelli discusses how debt is impacting Treasury yields, pension funds and savers. Sacrificing savers to bailout banks is not an idea unique to Cyprus. Here is a direct link.

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Danielle on the Financial Survival Network

Danielle was a guest today with Kerry Lutz on the Financial Survival Network talking about recent developments in the world economy and markets. You can listen to an audio link of the segment here.

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