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2019-11-09 Economy
Retiring Baby Boomers Won't Destroy the Stock Market
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Posted by Besoeker 2019-11-09 06:26|| || Front Page|| [8 views ]  Top

#1 Oh NOES! What a load of crap. Bonds aren't paying and investing in muni bonds (when they are floating them to pay for unfunded pensions vs infrastructure) is just stoopid
Posted by Frank G 2019-11-09 06:54||   2019-11-09 06:54|| Front Page Top

#2 Here is the basic math that will destroy the stock market: economy is ~20 trillion. It grows about 2% per year or 400 billion per year. Our yearly deficit the last 10 years is~1 trillion a year. Even with record low interest rates and record unemployment borrowing a trillion to get 400 billion eventually will breakdown..... not sure when but eventually it will blow up.
Posted by Airandee 2019-11-09 07:20||   2019-11-09 07:20|| Front Page Top

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