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> You now if these financial markets just evaporated, who would care really, except a few aristocrats? Everybody, because retirement is tied to financial marke
by ilammy 4y ago
> You now if these financial markets just evaporated, who would care really, except a few aristocrats?
Everybody, because retirement is tied to financial markets.
We can’t possibly not pay out 401k’s, right? Isn’t that a neat trick to ensure that everybody cares about the health of financial markets?
- zamnos 4y agoEmbezzling from the pension fund is a popular move among dishonest accountants, and what can you do if the money's simply not there? In times of great upheaval, promises get broken and in a governmental collapse, there's no entity left to keep those promises. Hopefully we are not in such calamitous times, but we shall have to see.