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  • Robbro524_990

    September 1, 2023 at 6:06 pm

    Agree BHE.

    I’m pretty sure there’s an index fund bubble, but like BHE says, it can’t last for a lot longer than I can personally afford to short it.

    And what will trigger selling? Who knows.

    The pension systems might also fail, but the government will have to bail them out and will probably go after the ‘richest’ Americans to do so (this includes all of us, for better or worse).

    On the back side of this debacle, years into the future, it might actually not suck to be a young American again. With these deflationary forces in play, families might actually be able to afford 1,2, or even 3 children and a nice home (when all the Boomers die off and leave their money behind . I don’t wish for this but it is what it is).

    These young people are getting screwed.

    And it’s not fair. But, I’m a capitalist at heart so they have to weather the storm and just get on the other side of it.

    It can’t rain all the time after all.