@QuantumSpecter to NewsEnglish • 5 months agoThe US economy is cooling off. Why experts say there's no need to worry yetabcnews.go.comexternal-linkmessage-square9arrow-up124arrow-down13
arrow-up121arrow-down1external-linkThe US economy is cooling off. Why experts say there's no need to worry yetabcnews.go.com@QuantumSpecter to NewsEnglish • 5 months agomessage-square9
minus-square@TheDemonBuerlink15•5 months agoHeat up or cool off, who cares. It’s the rich who benefit, either way.
minus-square@AlternatePersonManlink7•5 months agoI mean, the rich probably benefit either way… But I’ve definitely seen times get scarier for the rest of us. So…I care.
minus-squareBakkodalinkfedilink1•5 months agoDo they waive the fees if you lose money? No they don’t.
minus-square@disguy_ovahealink1•5 months agoI’m simply saying many people have one and they are market dependent.
minus-squareBakkodalinkfedilink2•5 months agoExcept that a 401k was just a vehicle to make money on your money regardless of you were making money on it.
minus-square@disguy_ovahealink1•5 months agoI’m not advocating for 401k here. I’m simply saying you can have one and not be rich, therefore the market impacts more than the rich.
Heat up or cool off, who cares. It’s the rich who benefit, either way.
I mean, the rich probably benefit either way… But I’ve definitely seen times get scarier for the rest of us. So…I care.
53% of the inflation was profits
Do you have a 401k?
Do they waive the fees if you lose money? No they don’t.
I’m simply saying many people have one and they are market dependent.
Except that a 401k was just a vehicle to make money on your money regardless of you were making money on it.
I’m not advocating for 401k here. I’m simply saying you can have one and not be rich, therefore the market impacts more than the rich.