Welcome to thecomingcrash.wordpress.com! This is a blog about the topics discussed in the book “The Coming Crash: How A House of Cards Will Fall As We Pull Out The Foundation”

The scenario is simple: baby boomers will effect our future. Boomers account for near one-in-three Americans.

Until now, we have ridden the upside of the boomer wave. The aging of the baby boom generation has led to huge increases in production in the United States. Likewise, the money they earn goes somewhere. Unlike the current generation which exhibits a negative savings rate — Yes, we spend more than we earn — the baby boomers are amongst our greatest savers.

Where do those savings go? They go into the stock market. Over half of all family assets are invested in this new banking system. In fact, the increase in stock market valuation is directly tied to the aging and savings of the baby boom generation.

Now, for the downside. As the baby boomers retire, they will need to withdraw for their retirement. Just as the market spiked upward as boomers saved, it will also fall downward as they pull out.

To find out more, you can

  1. read this blog
  2. go to the coming crash website at http://www.thecomingcrashonline.com/
  3. buy the book, “The Coming Crash: How A House of Cards Will Fall As We Pull Out The Foundation”

And remember — although the tidal wave WILL break, there are things we can do as a country, and things you can do as an individual!