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Richard's Remarks

 

The government and the feds continue to wax poetic about the US economy, but Main Street knows differently. Kids who can't find jobs are moving back with their parents, and parents who are running out of money are moving in with their kids.

 

Fifty percent of all women over 18 are living alone. There are more people living alone in the US now than ever before. Marriage, it seems, is going out of style.

 

If you want to know what's happening to big money and to New York City, read New York Magazine (not the New Yorker). Deluxe apartments in New York City are running into the hundred million class and the new arrivals are coming from China, Russia, London and Hong Kong. The world has become a shaky place and many of the world's billionaires are buying apartments in New York -- just in case.

 

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