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Who else would pay for retirees, if not the non-retirees? Most of their assets are paper value, because they are located in stocks, their only home (and they h
by MichaelZuo 2y ago
Who else would pay for retirees, if not the non-retirees?
Most of their assets are paper value, because they are located in stocks, their only home (and they have to live somewhere), etc… that if sold en masse would simply get pennies on the dollar or require expenditures elsewhere.
- johngladtj 2y agoThe retirees would pay for their own retirement? Is the concept of saving and then drawing down your savings to pay you living expenses unknown to you?
- MichaelZuo 2y agoAre you intentionally ignoring the millions of retirees in the US who don’t have enough saved up?