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Michael J. Panzner
Financial Armageddon
Published : May 04th, 2011
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Category : Crisis Watch

 

 

 

 

It's been said that the young are our future. Based on this post from the New York Times' Economix blog, "Dimming Optimism for Today’s Youth," it seems we don't have much to look forward to.


Maybe it has to do with sky-high levels of youth unemployment. Maybe it’s because student loan levels are climbing. Maybe it’s because today’s young’uns will someday be stuck supporting so many of their elders.


Whatever the reason, for the first time on record, most Americans said they did not believe today’s young would have better lives than their parents, according to new survey data from Gallup. In an April poll, only 44 percent expressed that view.





Michael J. Panzner
Editor, Financialarmageddon.com

 

 

 

 

 

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Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets and the author of Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, published by Kaplan Publishing.
WebsiteSubscribe to his services
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