Krauerking@lemy.lol to Comic Strips@lemmy.world · edit-21 month agoMarket Volatility or What If it Doesn'tlemy.lolimagemessage-square35linkfedilinkarrow-up1628file-text
arrow-up1628imageMarket Volatility or What If it Doesn'tlemy.lolKrauerking@lemy.lol to Comic Strips@lemmy.world · edit-21 month agomessage-square35linkfedilinkfile-text
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up13·1 month agoYeah, if you ignore all of the retirement accounts.
minus-squareFrost-752@crazypeople.onlinelinkfedilinkEnglisharrow-up11·1 month agothe top 10 percent hold about 93 percent of U.S. households stock market wealth, retirement accounts make up a relatively small portion actually
minus-squarenandeEbisu@lemmy.worldlinkfedilinkarrow-up3·1 month agoThat’s true, but it doesn’t change the fact that if the stock market crashes it affects people relying on those retirement accounts more than it affects billionaires. Also, they make a useful hostage when asking for bailouts.
Yeah, if you ignore all of the retirement accounts.
the top 10 percent hold about 93 percent of U.S. households stock market wealth, retirement accounts make up a relatively small portion actually
That’s true, but it doesn’t change the fact that if the stock market crashes it affects people relying on those retirement accounts more than it affects billionaires.
Also, they make a useful hostage when asking for bailouts.