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Too much talk, not enough honest truth. The stock market is a Ponzi scheme which must crash when there is a lack of new money coming in. Boomers are retiring and thus not only cutting their 401 k contributions but also starting to draw down on their 401k balances. New salaries in the market are lower and thus will not be able to replace the retiree salaries in terms of 401k contribution.
Aug 31 00:23 am
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All Comments by Did U Think The Ponzi Scheme Would Last? »U.S. Markets Flash Strong Warning Signals [View article]
It is inevitable that, deprived of its energy source, a Ponzi scheme must collapse. Anything which must happen will happen. The only variable is the timing.
I ask again, did u think the ponzi scheme would last forever?