Originally Posted by
Washout
Dude. I'm in my 30s and am literally explaining why pilots are terrible with finance.
Are you saying being financially literate and independent is a bad thing.
My prepping was retire before the boomers do because the consumer economy will implode as demand falls.
Just wait for the inflows to reverse next year.
This is demographics and economics.
It's rather ironic you think you know better than the market. What's it telling you? It's saying the consumer is tapped out and the growth model since 1981 is dead. So is "free trade". Welcome to neo mercantilism/techno feudalism.
You definitely don't want to be a wage earner. You're in a race to the bottom. The majority of people have seen their QOL peak.
I'm not even trying to be rude, but perhaps you should address the economy before you have an opinion about it.
This time isn't different. Prepare for bad times.
Good times if you saved money. Everything goes on sale.
Aren't you happy that people will be able to afford homes? Won't be able to afford to travel etc, but this helps many people, but not debt holders.
2014 real estate prices coming soon.
Allright knock it off, you've said your piece.