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Old 03-04-2020, 10:36 AM
Scott h Scott h is offline
 
Join Date: Dec 2008
Location: At the lake
Posts: 2,516
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Quote:
Originally Posted by raab View Post
The problem for the economy right now is that the people under 40 can't build up cash the same way as their parents did. Low interest rates are going to cripple the economy at some point when the house of cards fall. People need real wealth, created by real capital. Not more debt to make a bigger issue down the road.
LOL !! I was looking at the death rate percentages and thinking that this could be a HUGE period in time for massive wealth transfers. Those dying at the highest rates are in fact baby boomers and the ones being spared are Gen X and below.
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