The impact on labour is difficult to predict, but most people will have invested in something, either a house, 401k, pensions, etc. Returns on those assets will

The impact on labour is difficult to predict, but most people will have invested in something, either a house, 401k, pensions, etc. Returns on those assets will be lower in the next cycle (I'm not predicting when it'll start), and that would impact people's ability to accumulate a nest egg for retirement.