Links...

Some interesting links:

- Sports Illustrated on pro-players going broke


Eye-opening stats from the first page:

• By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
• Within five years of retirement, an estimated 60% of former NBA players are broke.

- Former IMF'er writes on the U.S. as suffering from a classic "emerging market" financial disaster.

Best part? Due to our "advantages" we're less likely to actually take the hard steps to quickly confront the problems and more likely to pussyfoot around and let things get worse and worse.