Economics and Investing: Hugh James Latimer June 17, 2015 June 17, 2015 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. o o o Pension tidal wave is about to crash down on taxpayers. – B.B. o o o Writing’s On The Wall: Texas Pulls $1 Billion In Gold From NY Fed, Makes It “Non-Confiscatable”. – JBG o o o Barclays thinks artificial intelligence is the future of banking. – D.S. o o o Budget office: U.S. debt picture has ‘worsened dramatically’. – G.G.