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Economy

(9,918 posts)

28. Cool, so the retirement funds the poster was worried about ARE safe.

Thu May 16, 2024, 02:39 PM

May 16

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The backbone of America's economy was just dealt a serious blow [View all] mahatmakanejeeves May 16 OP

Consume! Obey! Voltaire2 May 16 #1

Here we go, gab13by13 May 16 #2

Because our current economy is based on consumer-spending, no_hypocrisy May 16 #3

Manufacturing with exports also depends on consumers. Voltaire2 May 16 #29

Rein in your spending? Aussie105 May 16 #4

The public may feel this more than normal, more than the 1970s bucolic_frolic May 16 #5

I don't think people being less wasteful... Think. Again. May 16 #6

The entire system would need to be careful jimfields33 May 16 #7

Yeah, irresponsible fund managers are always a problem. Think. Again. May 16 #8

Then fix that. jimfields33 May 16 #9

I've got a shovel... Omnipresent May 16 #10

I'll help. jimfields33 May 16 #13

Me? I'm not an elected official. Think. Again. May 16 #12

Just generally. jimfields33 May 16 #14

absolutely.... Think. Again. May 16 #15

Absolutely agree. jimfields33 May 16 #16

Putting retirement funds in stocks is too risky. Think. Again. May 16 #18

Interesting... Think. Again. May 16 #22

I just believe that... Think. Again. May 16 #24

Cool, so the retirement funds the poster was worried about ARE safe. Think. Again. May 16 #28

Most people have very small retirement accounts. Voltaire2 May 16 #19

"We're all players now!" dpibel May 16 #30

Yup. We've been fully inculcated. Voltaire2 May 16 #33

When Taylor Swift tickets snowybirdie May 16 #11

And yet, the stock market hit a record high yesterday Scrivener7 May 16 #21

Scr#w the experts Ritabert May 16 #26

Oh. I guess we'll be back to living paycheck to paycheck. Silent Type May 16 #27

Many good comments here. SarahD May 16 #31

They are just now figuring that out? Warpy May 16 #34