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  1. Cringy_Dystopia (existentialbro@shitposter.club)'s status on Wednesday, 03-Apr-2019 19:06:24 EDT Cringy_Dystopia Cringy_Dystopia
    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.
    In conversation Wednesday, 03-Apr-2019 19:06:24 EDT from shitposter.club permalink
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