Author: Greg Stuessel

Millennials have been forced to take out an excessive amount of debt such as auto loans, consumer debt, and student loans in an era of wage stagnation. This has fundamentally changed the game for millennials and perhaps changed the course of the United States. The implications of falling birth rates in a low growth economic environment coupled with massive amounts of debt – is a perfect storm that will lead to the next crisis.

A Navy plane carrying 11 military personnel crashed Wednesday in the Pacific near Okinawa. Eight of the passengers have been rescued but three are still missing.