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“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” - Upton Sinclair I suppose we could paraphrase tha
by SketchySeaBeast 1y ago
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” - Upton Sinclair
I suppose we could paraphrase that by changing "salary" to "retirement" or "national economic health".
- underlipton 1y ago>Retirement Yup. Boomers be the death of all. So much of what's been done over the past 5 years-ish has been because a stock market crash would devastate the largest voting bloc at the worst possible moment; there would be no "just wait for the recovery." Ironically, many of those measures have made any potential crash much, much worse. Not just in terms of a general collapse, but with disproportionate impacts because of the nature of the interventions. Don't look into what's actually in those retirement funds.