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Those assets, if you're referring to consumer debt, are owned by anyone with a retirement account (or pension) with financial sector stocks in it. Considering t
by ac29 10y ago
Those assets, if you're referring to consumer debt, are owned by anyone with a retirement account (or pension) with financial sector stocks in it. Considering that just about any diversified portfolio probably has a broad based US equity portion, that is probably the majority of employed people.
- erubin 10y agoI think you may be overestimating the number of employed people who are invested in the markets to any real degree.