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Economics and Investing:

The looming retirement crisis: 10,000 baby boomers a day turn 65 and most are inadequately prepared for retirement. Half of elderly Americans in poverty without Social Security. [1]

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Pension tidal wave is about to crash down on taxpayers [2]. – B.B.

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Writing’s On The Wall: Texas Pulls $1 Billion In Gold From NY Fed, Makes It “Non-Confiscatable” [3]. – JBG

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Barclays thinks artificial intelligence is the future of banking [4]. – D.S.

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Budget office: U.S. debt picture has ‘worsened dramatically’ [5]. – G.G.