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Goldroom
by Gary E. Andrews - 10/08/26 01:40 PM
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SOMA
by Gary E. Andrews - 10/07/26 11:11 PM
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Joined: May 2006
Posts: 7,911 Likes: 1
Top 30 Poster
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Top 30 Poster
Joined: May 2006
Posts: 7,911 Likes: 1 |
Whether or not the bailout is the best way to solve the crisis, the health of the economy is everyone's problem. You may not have stock in Wall Street but I guarantee that if the economy tanks you will be affected by something like:
Reduced or lost savings/investments including IRAs No pension or health insurance from bankrupt employers No job Increasing crime rate High rate of inflation/money worth less the list goes on....
If you are already retired living on investments or company pensions, there will be few opportunities to recover since your employability will be about zero.
I suggest we need to do what it takes to get the economy back on track and then shoot those guilty of getting us in this position.
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