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Economy

Voltaire2

(14,878 posts)

1. Consume! Obey!

Reply to mahatmakanejeeves (Original post)

Thu May 16, 2024, 06:14 AM

May 2024

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Think. Again.

34 replies

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Highlight:

The backbone of America's economy was just dealt a serious blow [View all] mahatmakanejeeves May 2024 OP

Consume! Obey! Voltaire2 May 2024 #1

Here we go, gab13by13 May 2024 #2

Because our current economy is based on consumer-spending, no_hypocrisy May 2024 #3

Manufacturing with exports also depends on consumers. Voltaire2 May 2024 #29

Rein in your spending? Aussie105 May 2024 #4

The public may feel this more than normal, more than the 1970s bucolic_frolic May 2024 #5

I don't think people being less wasteful... Think. Again. May 2024 #6

The entire system would need to be careful jimfields33 May 2024 #7

Yeah, irresponsible fund managers are always a problem. Think. Again. May 2024 #8

Then fix that. jimfields33 May 2024 #9

I've got a shovel... Omnipresent May 2024 #10

I'll help. jimfields33 May 2024 #13

Me? I'm not an elected official. Think. Again. May 2024 #12

Just generally. jimfields33 May 2024 #14

absolutely.... Think. Again. May 2024 #15

Absolutely agree. jimfields33 May 2024 #16

No safe havens - the bond market has done even worse in the last 3 years progree May 2024 #17

Putting retirement funds in stocks is too risky. Think. Again. May 2024 #18

In the face of withdrawals and inflation, it is riskier NOT to have a high equity allocation progree May 2024 #20

Interesting... Think. Again. May 2024 #22

"I guess the concern about a failing economy breaking people's retirement plans is wrong" progree May 2024 #23

I just believe that... Think. Again. May 2024 #24

Over the long run, equities are the safest investment by far in the face of withdrawals and inflation progree May 2024 #25

Cool, so the retirement funds the poster was worried about ARE safe. Think. Again. May 2024 #28

In the long run, his retirement funds are better off in equities than in fixed income progree May 2024 #32

Most people have very small retirement accounts. Voltaire2 May 2024 #19

"We're all players now!" dpibel May 2024 #30

Yup. We've been fully inculcated. Voltaire2 May 2024 #33

When Taylor Swift tickets snowybirdie May 2024 #11

And yet, the stock market hit a record high yesterday Scrivener7 May 2024 #21

Scr#w the experts Ritabert May 2024 #26

Oh. I guess we'll be back to living paycheck to paycheck. Silent Type May 2024 #27

Many good comments here. SarahD May 2024 #31

They are just now figuring that out? Warpy May 2024 #34