Posts Tagged ‘pensions’

  • Retailers slow down escalators for the elderly.

    Growing Old in Japan

    Nov 27, 12 • 281 Views • UncategorizedNo Comments

    If people over 60 are your biggest spenders, then how do retailers respond? For starters, they slow down the escalators. In Japan, with people over 60 doing 44 percent of the spending, and with those over 65, 23.3% of the entire population, merchants are...

  • The US is again hitting its debt ceiling.

    Some Greek Math

    Aug 24, 12 • 88 Views • Demand, Supply, and Markets, Economic History, Financial Markets, Government, International Trade and Finance, Labor, Macroeconomic Measurement, Money and Monetary Policy, UncategorizedNo Comments

    With a euro zone update on Greece unfolding (they might lease some islands but we’ll get to that in a moment), here is some Greek math that Michael Lewis presents in Boomerang. Referring to the deficit, during October 2009, the Greek government thought...