Our savings are shrinking, our lives are getting longer, our employers are shedding pension obligations and our pool of retirees is about to overflow. Will we be the "live for tomorrow" generation?
It was said houses were being used like ATMs. Really, they were being used like credit cards. Now cash-strapped borrowers are turning for help to cash-strapped lenders and finding a less than sympathetic ear.
Turning to the past to bring clarity to problems of today often requires a careful reading of history to find just what you need, and to ignore the rest. At least, that appears to be the lesson of a few recent U.S. Supreme Court decisions.
And, finally, old people are becoming more dangerous.