Show Navigation
Conversation
Notices
-
With the boomers drawing on their pensions in the next decade the finance guys will have a lot less capital than before.
Pension funds represent the largest pool of liquidity in the share markets.
The next issue is that many boomers haven't even saved enough to retire or even pay off their mortgage. They favored consumption over investment.
The millenials are too broke and indebted to even fill that gap the pension funds have been providing.
The next financial collapse will be legendy.