Just wait til all these ppl find out their retirement accts were sold off a long time ago.

And many of the states robbed them yrs ago as well and have been funding them or partially funding them from new revenue.

Why do you think the Fed govt had to hand out all that money during covid shut downs.

Trump stopped them from printing money,
No revenue coming in from their "destroy all small businesses" and buy up the land scams.
Blue states were sucking wind that were already upside down.
That is just my opinion.

Stocks are mostly backed by fiat dollars.
Now think about all that liquidity!

Can u explain that to my husband 🤦🏼‍♀️ he thinks his $$$ is safe in the stock market🤦🏼‍♀️🤦🏼‍♀️🤦🏼‍♀️ been telling him for 3 years now it’s going to crash, his view is that I’ve been saying it for too long & nothing has happened so doesn’t believe me. Get so frustrated with him

Here is a good red pill. It's long and old but still accurate.

Understand, Mare, that the purpose of tax deferred 401k's was not to help Americans save for retirement. It was to inflate the stock market and give control of people's savings to Black Rock and Vanguard. They use our own money to manipulate which companies will rise and fall. And, because they plan it in advance, they use their own private equity reap windfalls and win massive shorts.

Nearly anything is safer than cash and a share of a crashed stock is still a share. It may rebound. If there are WH's, they surely have considered the loss of life from starvation that will happen with the loss of retirement savings.

Diversification is about our only option.

https://www.youtube.com/wa...

TY well explained for me as I have never been good with understanding stocks. My husband has said in the past that if it falls the $ won't be worth anything, but has also said after a crash if ppl kept their $$$ in the market it would have come back. I will bookmark & read later, thanx.