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You believe the majority will rather keep their parents for a few more years than a functioning economy? Intuitively, I'm pretty sure everybody will say "of cou
by luckylion 7y ago
You believe the majority will rather keep their parents for a few more years than a functioning economy? Intuitively, I'm pretty sure everybody will say "of course, I love my parents". If they think about it for a while, I don't believe that they will. I'm not sure the old people would either.
My reason for that belief is the behavior people show: they do not spend their money to pay for better health/elderly care to give their (grand) parents another year or two. And the old rather pass on money instead of spending it in an attempt to get another five years. A much weaker economy is functionally very similar to spending your savings in a good economy: you're going to be out of money in a few years.