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Old 03-24-2018, 04:24 AM  
Paul Markham
Too old to care
 
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by kane View Post
Who cares about the stock market? Pretty much anyone with a 401K or some other kind of retirement account. Most of them have at least some investments in the market. In the 2008 recession, many people lost massive chunks of their retirement because of the crash.
My pensions were built in the time before we imported so much. They're rock solid. Today we are still recovering from a market crash. Look at the figures for borrowing. That's the only thing keeping the West afloat.
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