The Baby-Boomers will Fuck us All

>it's another "boomers are responsible for all of my personal failures" episode

>>131944891
It's not that at all. The Boomers are the largest generation to retire and most of them don't have enough cash. What do you do when you don't have cash? You sell equities.

When you have millions of people forced to dump stocks at once, because of the law and because they don't have money, the entire ship will sink.

>>131945518
Could be. But then I've been convinced there is some giant bubble there that will burst for a year or so now.

Might be worth buying some precious metals.

>>131946117
Unlike the 2008 housing crisis and 2000 dotcom bubble crash, the current bubble isn't driven by speculators, but rather by the central banks propping up the economy with endless QE. The only reason why the stock market is so valuable is because interest rates in the US have been so low that there's no incentive to keep your money in the bank. However, when the Boomers retire, because of American laws regarding 401Ks, they will literally be forced to unload their stocks onto the market driving prices down.

This makes the current bubble more abstract, but also more dangerous.

>>131946117
The Fed hasn't accounted for the Boomers' imminent retirement when directing their monetary policy.

>>131947056
Companies have tons of cash though, they will just do buybacks.

>>131944641
whenever economists tell you to do something, shouldnt you do the opposite? Because they tell people to do something, hoping a bunch of people will do something "sell x", so then they can swoop in and buy it?

Is there a legit source on this?

>Due to IRS mandatory minimum drawdown laws for retirement plans like IRAs and 401(k)s, when you turn 70 ½, you are forced to withdraw at least 5% of the value of the plan each year.

I'm curious

>>131945518
is there a rough on average ratio of a stocks worth determined by 'publics demand of shares' and purely 'how much profits the business makes'; if a business makes a lot of profits and has shares are those shares automatically valuable? (my question is then, what percentage of that value is purely determined by 'the demand of those shares'?)

>>131947266
I thought they can't afford to raise wages?

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>>131947056

>Unlike

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>Don't worry fellow centipedes! Trumpcare will destroy their healthcare!

>>131951728
Every US system including healthcare will collapse

Trump will be blamed for this sadly

>>131951992
To be fair, a good bit will have been his fault. There's lots he could be doing if he had any idea what was going on. He's a cool dude, and he's better than hillary, but he's not the man we need at the moment.

>>131952504
>there's lots he could be doing

not really. we're talking about 100 years of gross fiscal mismanagement and buck-passing.

if anything, they just let Trump get elected so people wouldn't bother to look at the root causes (hint: the goyim can't know)

Can't wait. I've got a heap of cash at the moment waiting for the inevitable market crash. When I buy after the crash I'll eventually be rich; rich as Jews!

>live in the easiest possible era
>brag about how you had a corvette at 17
>only have 130k saved up after half a century
Boomer hate general?