There are way too many complex derivatives products and they are often used to gamble for profits, instead of being used responsibly for hedging. Also, there are some highly leveraged and naked securities, which have such a high loss potential they never should have been legal in the first place.
The cost of our health care is unsustainable, considering the number of people retiring and others using Medicare services. If we don’t come up with some sound financial solutions, Medicare may become insolvent. Plus, there are an estimated 45 million people who are uninsured and medical costs are the single largest cause of personal bankruptcies.
I don’t want to clip coupons or shop in thrift stores. And, I don’t want to have to count my dimes or create a monthly budget. I don’t want to dwell on my bills or my expenses. Most of all, I don’t want you to waste your time on this either.